Author: Yeek.io

On-chain data shows the Bitcoin long-term holders are selling. Here’s whether the current level of selloff is enough for a price top or not. Bitcoin Long-Term Holders Have Been Selling Big Recently In a new post on X, analyst Ali Martinez has discussed about the historical trend in the holdings of the long-term holders relative to the Bitcoin top. The “long-term holders” (LTHs) refer to the BTC investors who have been holding onto their coins for more than 155 days. The LTHs represent one of the two main divisions of the BTC market done on the basis of holding time,…

Dogecoin (DOGE) is expected to experience an 85% price increase, which could potentially elevate its value to approximately $0.75 by early 2025, according to analysts. Following a significant yearly peak of $0.47 last month, the cryptocurrency is currently trading in the $0.40 range. This forecast is being issued at this time. Significant whale activity and bullish market sentiment have contributed to the enthusiasm surrounding Dogecoin, particularly in the wake of recent political events, such as Donald Trump’s re-election. Dogecoin: Present Market Conditions There are numerous factors that have contributed to the recent increase in the price of Dogecoin. The investment…

As previously announced, the Ropsten network has been deprecated and will be shut down in the coming weeks. Over the past few months, infrastructure providers have gradually stopped supporting the network and validator participation rates have been steadily declining. The vast majority of remaining validator nodes will be shut down during the December 15-31, 2022 period. After this, Ropsten will no longer be supported by client, testing or infrastructure teams. As a reminder, the next testnet to be sunset is Rinkeby. The network will be live until mid-2023 to give users and application developers the chance to migrate to either…

When the CyberKongz Wells Notice dropped, the Web3 gaming community went into a frenzy. Issued by the U.S. Securities and Exchange Commission (SEC), this notice has huge implications for NFTs. As NFTs continue to change the digital gaming landscape, understanding how they’re classified and what compliance looks like is more important than ever. The SEC Wells Notice: What it means for CyberKongz In April 2021, CyberKongz sold Genesis Kongz NFTs. The SEC treated these NFTs as securities and issued a Wells notice – an official letter saying enforcement action is possible. CyberKongz has argued it was a contract migration not…

Homepage > News > Business > Coinbase sued by Justin Sun-linked BiT Global over wBTC delisting The Coinbase (NASDAQ: COIN) exchange is being sued for delisting wBTC, the ‘wrapped’ version of BTC, after the company that issued wBTC struck a partnership with a company affiliated with controversial Tron founder Justin Sun. On December 13, BiT Global Digital Limited filed a lawsuit against Coinbase Global Inc. in the U.S. District Court for the Northern District of California. The suit accuses Coinbase of engaging in anti-competitive behavior by delisting wBTC on November 19, not long after Coinbase announced the launch of cbBTC, its in-house version of wrapped BTC. The concept behind ‘wrapping’…

Bancor is bringing Carbon DeFi and the Arb Fast Lane to COTI V2, the first privacy-centric Ethereum Layer 2 launching in 2025.For more details, including highlights from the COTI Connect X Spaces, featuring Dr. Mark Richardson, Bancor Project Lead, check out the latest publication: Carbon DeFi on COTI V2.https://medium.com/bancor/carbon-defi-on-coti-v2-189fb63c23e9

South Korean crypto exchange Bithumb adds the Truth Terminal meme coin, Goatseus Maximus, to its listings. Trading support for GOAT and Korean won pairs begin on Dec. 17 at 04:00 UTC. In a recent notice, Bithumb announced that Goatseus Maximus (GOAT) will be added to the exchange’s Korean won market starting from Dec. 17 at 04:00 UTC. Deposit and withdrawal for the viral Solana-based meme coin start two hours after the notice was posted. While buying and selling orders are restricted within the first five minutes of trading. Previously, GOAT made its debut on the major crypto exchange OKX on…

Community engagement is difficult. It’s even more difficult in the midst of a bear market, where the power of speculation and potential profits doesn’t have the same hold on your users as before. In a world where user acquisition is central to the marketing focus of many decentralized protocols and platforms, many fall prey to the idea that money is the sole motivator for users to participate in your community; simultaneously, one may also be fooled that once a user reaches the bottom of a sales funnel and takes a core action, they’ll stay for beyond just the money. When…

In the ever-evolving crypto market, Dogecoin ($DOGE) has again gained dominance among the top discussed altcoins. As per the data from AltsDaddy, $DOGE obtained the top position among the most posted altcoins on social media on Sunday, continuing its long-lasting prestige among crypto enthusiasts. The altcoin tracking platform shared a list of the top ten altcoins discussed on social media, in a recent X post. Dogecoin Leads Sunday’s Top Ten Altcoins Posted on Social Media AltsDaddy’s rankings for Sunday’s top altcoins on social media include Dogecoin ($DOGE) as the leading project. It has been making great waves in the market…

Jeremy Rubin released a proposal two weeks ago titled Un’FE’d Covenants (FE = Functional Encryption). Given the ongoing debate over covenant proposals for Bitcoin the last year or two, his proposal marks a new practical option. All covenant proposals so far require a soft fork (actual opcodes), the development and implementation of unproven cryptography (Functional Encryption), or an absurdly high monetary cost to use (ColliderScript). Jeremy’s proposal requires no softforks, and does not impose a burdensome and impractical cost on users to utilize. The trade off for that capability is a radically different security model. By using a system of…