Author: Yeek.io

A popular crypto analyst is outlining which altcoins he think will shine after Bitcoin’s (BTC) price rally. The trader Ali Martinez tells his 99,500 followers on the social media platform X that the key to betting on altcoins is to invest capital early in projects with strong fundamentals. “Forget the meme coin FOMO and the X chatter about overnight meme millionaires. That’s luck, not strategy. If you’re in this game for sustainable gains, focus on projects with real utility that are building something substantial. Here are a few worth watching: Worldcoin: A fresh project with ambitious goals in identity and…

Ripple Labs’ $XRP has been making waves in the crypto realm, capitalizing on regulatory developments that have spurred bullish market sentiment.  Promising advancements in the ongoing legal battle between the Securities Exchange Commission (SEC) and Ripple have helped restore investor confidence in $XRP.  The self-proclaimed ‘Crypto President,’ Donald Trump, has rebuilt faith in the entire crypto ecosystem. Investors foresee looser US crypto regulations when he moves back into the White House, and Gary Gensler (who’s sued Web3 companies left, right, and center) steps down as SEC Chair on January 20.  Using a secure wallet like Best Wallet can help secure…

What Is a Phantom Wallet?A Phantom Wallet is a non-custodial wallet built particularly for the Solana blockchain. What’s great with any non-custodial solution is that users have complete control over their private keys, as opposed to custodial wallets. Solana (SOL) and Solana NFTs can be safely stored, sent, and received with Phantom. It also enables you to stake SOL and communicate with dApps to earn rewards.This browser-based wallet, compatible with Chrome, Firefox, and other browsers, also supports mobile devices. Its user-friendly design ensures seamless navigation, even for those new to cryptocurrency.Key Features of Phantom WalletHere are the standout features of…

A few weeks ago in October, much of the Ethereum community came together in South America as we reunited for Devcon VI in Bogotá, Colombia! Today we want to say Thank You(!) to every attendee, volunteer, and contributor that made Devcon VI a success. In this blog post, we will recap the highlights of an incredibly fun event, and reminisce about Community Hubs, the Road to Devcon, insightful talks and panels, beautifully designed presenter rooms, and much more. Watch the Recap Video to refresh your memory and enjoy the Devcon VI vibe! What Devcon is all about For those that…

4Ubisoft has announced that holders of its recently launched non-fungible tokens (NFTs) will gain early access to the game “Captain Laserhawk: the G.A.M.E.” starting tomorrow, December 18.The announcement follows Ubisoft’s earlier release of the “Niji Warrior” ID card collection, a set of 10,000 free NFTs on the Arbitrum blockchain. These NFTs, which were made available for minting nearly a week ago, are now fully claimed. They feature evolving properties based on player performance and engagement in the game. Additionally, they come with voting powers, giving holders a say in certain game features and its future direction.  The game, “Captain Laserhawk: the G.A.M.E.”,…

The biggest central banks around the world are in the spotlight this week as the Federal Reserve, Bank of Japan, and Bank of England hold their final policy meetings of 2024. These upcoming meetings will set the tone for monetary policy in 2025, with inflation, growth, and global uncertainties influencing their decisions. Investors will have to pay attention to the underlying messages, rather than the final decisions, in order to extract the most insights about the economic outlooks for next year. Here’s what to expect from the Fed, BoJ, and BoE meetings this week. Federal Reserve: slowing the pace of…

The Aave community is considering a proposal to withdraw its lending services from Polygon’s PoS chain due to concerns about security risks linked to bridged assets. This follows a proposal from the Polygon community to use over $1 billion in bridge assets for yield generation, which raised concerns about potential vulnerabilities. Aave, the largest decentralized app on Polygon with over $466 million in deposits, is worried that these changes would increase the risk to users.Marc Zeller, the founder of Aave Chan, authored the proposal to adjust risk parameters for Aave’s Version 2 and Version 3 protocols on the Polygon network.He wants…

contributor Posted: December 17, 2024 More than 1.7 trillion SHIB tokens have been moved to exchanges in the last two days. If SHIB fails to hold support at $0.000024, it could lead to a steep decline. Shiba Inu [SHIB] traded at $0.0000268 at press time, after a 1.9% drop in 24 hours. The second-largest memecoin by market capitalization was still up by 10% over the past month, but weak buying activity has curtailed the uptrend.  SHIB had formed a right-angled ascending broadening wedge pattern on its one-day chart. This chart pattern usually indicates a bullish continuation if the price breaks…

Can you believe we’re already halfway through the year? It’s been a stunning few months in web3. On the heels of a global downturn, crypto has reached new lows while our team has continued to build new highs. Between LUNA’s downfall, the evaporation of several firms and protocols, a revolving door of hacks, exploits, scams, and the constant humdrum of a looming recession, it’s difficult for many to foresee the promises that web3 were supposed to deliver in the first place. But at Layer3, discovery never ends. We still think there’s so much that web3 has to offer, and we…

contributor Posted: December 17, 2024 Whale dominance in Ethereum pointed to strong bullish sentiment and potential price growth Concentrated holdings raised concerns about liquidity risks and potential market corrections Ethereum [ETH]  whales are increasingly dominating the network, with 104 wallets now holding over 100,000 ETH, accounting for more than 57% of the total supply. This significant shift in Ethereum’s distribution raises important questions about its future, particularly regarding market control and price movements. As these whales continue to accumulate, their growing dominance points to strong bullish sentiment. However, with such concentrated holdings, how might this influence Ethereum’s price trajectory moving…