Author: Yeek.io

A renowned economist disagrees with Bitcoin supporters who claim that cryptocurrency could someday solve the national debt of the United States. Economist Peter Schiff expressed his skepticism on the bold declaration of what he called “Bitcoin pumpers” that 1 million BTC can settle the country’s national debt, saying that even with that number of cryptos, it will still be insufficient to address the country’s enormous government debt. Not Enough To Pay US Debt Schiff does not believe that 1 million Bitcoin is the answer to paying off the US national debt, arguing that to do that, the crypto needs to…

What Makes Willow Unique?Willow stands out for the tremendous speed at which it performs computations; it will run using 105 qubits to give solutions for problems that, so far, traditional supercomputers could never crack.Here’s what Willow achieved:TaskTraditional SupercomputerWillow Quantum ChipSpecific complex computation10 septillion years to complete5 minutesThis breakthrough showcases the immense power of quantum computing. Unlike traditional computers, which process tasks step by step, quantum computers handle multiple calculations at once.This efficiency, however, comes with risks. Quantum computers excel at breaking encryption algorithms. The crypto community has long worried about such advancements threatening Bitcoin’s security.Could Willow Break Bitcoin?Bitcoin’s security relies…

Withdrawals are imminent. tl;dr Shanghai+Capella (aka Shapella) is on the horizon. Stakers, node operators, infrastructure providers — pay attention and test!The Academic Grants Round is live! Applications are due by February 27, 2023 Shapella on the horizon 🌅 After much testing and development, the Shanghai+Capella (Shapella) mainnet upgrade is moving into the final pre-launch sequence — public testnets! The Zhejiang testnet is live and available for stakers and users to test Shapella today. And, the first of the long-standing public testnets — Sepolia — is scheduled to go through the upgrade on February 28th. Shapella contains many features, but most…

Coinbase is one of the most popular cryptocurrency exchanges out there and ranks #2 in crypto trading volume, right behind Binance. But is it the right exchange for you? Whether you’re just starting with Bitcoin or looking for advanced trading options, this Coinbase review will help you decide. We’ll cover everything from security and fees to supported coins and crypto trading features. In this guide, you’ll learn exactly what makes Coinbase stand out – and where it falls short. Key Takeaways: Coinbase is a U.S.-based crypto exchange offering 246+ cryptos, an easy-to-use platform, and support for various deposit methods like…

Helium Mobile, a decentralized mobile and wireless network, surged 142% on Dec. 2 amid increasing network activity and growth in its mobile subscriber base. Helium Mobile (MOBILE) rallied to a seven-month high of $0.00257 on Dec. 2 during early Asian trading hours before settling at $0.001916, still marking a 78.7% increase over the past 24 hours, according to data from CoinGecko. The altcoin’s market cap was seated at $199.2 million when writing, while its daily trading volume was up almost 10x, hovering over $193 million. Helium Mobile’s recent rally aligns with a sharp rise in Helium Data Credits (DC) usage.…

The price of GOUT has surged over 70% as Ethereum shows signs of reclaiming the $4,000 level. According to CoinGecko data, the price of GOUT has pumped from a 24-hour low of $0.0003233 to as high as $0.0005573 at press time. The meme coin has also seen its price go up by over 140% in the last seven days. GOUT 24H Price Chart From CoinGecko Apart from the general meme coin volatility, GOUT has released its independent research and development task platform, which could have bolstered the price. In addition, GOUT was selected as the first project by the BNB…

Discover NFTs on Optimism with Quix! We’ve partnered with the leading NFT marketplace on Optimism to bring you the best of Layer2 NFTs. In our latest Quest, experience the magic of Quix’s new NFT bridging feature, and bring your favorite NFTs to Optimism, an Ethereum Layer2 scaling solution with cheap gas fees, lightning-fast transaction speeds, and an emerging NFT ecosystem—all with the security of Ethereum. Quix’s recently launched NFT Bridge is a cross-layer ERC-721 bridge that allows anyone to bring their L1 Ethereum NFTs to Optimism. You can try out this new feature in the Quest below. It’s lights out…

Market analyst Ben Armstrong, popularly identified as BitBoy, shares two likely timelines for XRP to attain $4.50. Following the XRP leap to surpass the $2 price level at the onset of December, the altcoin appears stuck in a range and unable to break above the $2.80 level. The XRP bulls failed to hold the altcoin above the $2.0 level, allowing it to revisit the 2021 peak at $1.90 briefly before a massive rebound to $2.61 on Dec. 9. While the XRP bounced back to reclaim above $2.50, its persistence struggle was evident as it lost momentum. This left XRP…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…

Este artículo también está disponible en español. Bitcoin and Dogecoin are two of the most watched cryptocurrencies this cycle, with increases in the Bitcoin price mostly flowing into that of Dogecoin. At some point, the price correlation between the Dogecoin price and that of Bitcoin was at 0.97.  Related Reading Interestingly, recent market movements have seen the Bitcoin price returning above the $100,000 price level again, with the leading cryptocurrency reaching as high as 102,700 in the past 24 hours. However, this has yet to translate into a corresponding increase in the price of Dogecoin, with the meme coin breaking…