Author: Yeek.io

Hedera has made Chainlink Data Feeds and Chainlink Proof of Reserve available on its network. This is good news for Hedera developers as it empowers them to access trusted, tamper-proof data that is necessary in building secure decentralized finance (DeFi) apps and tokenized real-world assets (RWAs). Moreover, the HBAR Foundation has joined Chainlink Scale, hence helping developers access better Chainlink’s powerful oracle services.Hedera integrates Chainlink’s secure data feeds | Source: XAccording to the Hedera’s Blog post, the integration also allows developers on the Hedera network to easily access accurate off-chain data, which enables them to build enhanced on-chain applications.Data Feeds by…

While Bitcoin reclaimed its upward trajectory, rising 7.5% to surpass $100,000, Dogecoin’s price action paints a contrasting picture. Despite reaching a 2024 high of $0.45 on 8th December – a level not seen since 2021 – the meme coin failed to sustain its gains, facing persistent rejection at this resistance. This barrier has proven critical, marking the third major rejection in the current market cycle. Source: TradingView Trading at $0.3997 at press time, Dogecoin’s volume trends indicate weakening momentum, with diminishing buying pressure compared to earlier in December. Meanwhile, the RSI has dipped toward neutral territory at 51.16, reflecting waning…

2021 was the year of NFTs. CryptoPunks and BAYC, Axie Infinity and CryptoKitties, what started gaining traction in 2017 exploded in popularity — turning many of these brands into household names. And what began as an experimental market, soon led to people paying tens of millions for pieces of digital art. Beeple’s Collage, which sold for $69 million However the collections which saw NFTs rise in such incredible popularity, aren’t exactly all that’s possible with non-fungible tokens. NFTs as digital art, or more accurately, tokens representing ownership of a piece of digital art, might even be considered a small subsection…

A widely followed crypto analyst says that holders of smart contract platform Solana (SOL) may be due for the same pain Ethereum (ETH) traders felt during previous cycles. In a new interview on the Crypto Banter YouTube channel, popular crypto trader Benjamin Cowen says that Solana paired against Bitcoin (SOL/BTC) is printing the same patterns that ETH/BTC did years ago before stagnating. “A lot of these altcoins follow this pattern, and I want to show you this really interesting pattern by Solana… It’s following the same pattern so far – look at ETH/BTC. This was a 90% drop followed by…

Este artículo también está disponible en español. Raoul Pal, the former hedge fund manager who retired at the age of 36 and now serves as the co-founder of Real Vision, a prominent financial media company, has given an update on his crypto portfolio. In a post on X today, December 16, Pal unveiled his concentrated investment strategy, highlighting Dogecoin as a central component of his crypto portfolio. Raoul Pal Stills Bets Big On Dogecoin “I have concentrated bets. This is my watch list. I won’t be the best performer and I won’t be the worst. Outside of this I just…

One key indicator is the large holders’ netflow, which tracks the buying and selling activity of wallets holding 0.1% to 1% of ADA’s circulating supply. A drop in netflow signals increased selling. Recent data from IntoTheBlock reveals a 142% decline in large holders’ netflow over the past week, highlighting rising sell pressure.The decline in the overall number of ADA holders is another worrying trend. The number has decreased to 4.40 million from 4.47 million in November. This suggests that some investors have profited from the previous price increases for ADA.A bearish trend is also indicated by technical indicators. The price…

Friends, As the year of the Merge ends, we wanted to share updates from many of the Ethereum gardeners and EF-supported teams that achieved long sought accomplishments, both big and small, alongside the rest of the ecosystem in 2022. We all have a lot to be thankful for, from the new communities we’ve come to know, to having each other through it all! As always, this roundup series focuses on EF-supported teams whose members are working to grow and improve Ethereum as a whole. Included in this edition are updates from many teams highlighted in the previous report, and other…

Solana’s daily net inflows have surpassed all other major blockchains, including Sui, Base, Arbitrum and Ethereum. On Dec. 15, the Solana network accumulated net inflows of $12 million. According to data from Artemix.XYZ, Solana (SOL) recorded the highest number of daily net inflows among the top 20 major blockchains on Dec. 15. Solana’s net inflow of $12 million was larger than the other two blockchains in the top 3, Arbitrum (ARB) and Sui (SUI), combined. Solana regained the top spot a month after the blockchain last held it on Nov. 17 with $17.6 million. On Dec. 15, Solana dethroned Arbitrum,…

A new paper by the UK’s financial watchdog puts the brakes on the crypto industry; effectively banning the issuance of crypto offers by non-regulated entities. In a new report published on Dec. 16, the UK’s financial authority has outlined new directives for the crypto industry. The UK’s FCA is preparing to outlaw public crypto offerings This move extends the existing promotional restrictions which limit unsolicited crypto communications to UK citizens Exceptions might be made for certain crypto asset trading platforms or under specific exemptions It is a significant move that builds upon last year’s promotional and advertising constraints, which barred…

The hack resulted in ANITA surging to $4.9 million in trading volume, which was pumped on account it was tied to Drake’s upcoming tour. Canadian hip-hop mogul Drake had his X account compromised on Dec. 15, with malicious actors using it to promote a meme coin dubbed Anita. Within hours, the newly minted token rose to $4.9 million in volume, largely on account of the rapper’s 39 million followers, who believed it to be connected to his upcoming tour, called the Anita Max Wynn tour. Screenshot showing Drake’s X account hacked on Dec. 14, 2024. The advertisement claimed that the…