Author: Yeek.io

Chairman of the South Korean Stock Exchange, Jeong Eun-bo, believes the nation should act quickly in institutionalizing the crypto market or risk falling behind other countries. In an interview with South Korean media outlet Maeil Kyungjae, Eun-bo argued the crypto market needs to be institutionalized in the same way that traditional finance has in order to overcome regulatory roadblocks. If they fail to do so, Eun-bo believes South Korea will not be able to compete with countries that have already embraced crypto and put forth regulations that place virtual assets on equal standing with traditional assets. “If we are vague…

This trend is a sign that investors are holding their ETH, hence reducing selling pressure and setting up conditions for the price to grow. The only thing analysts are thinking as Ethereum finally breaks through recent tight trading is increased buying pressure.Currently, ETH’s RSI is at 60.22, which means that there is still stable demand but far from overbought. RSI values above 70 typically warn of a price pullback, while those below 30 suggest undervalued conditions. Ethereum’s position in a moderately bullish zone indicates room for further growth.At the moment, Ethereum changes hands at $3,866, with the first resistance at…

From the explosion of the scaling and layer 2 ecosystems to the first Devcon in three years and The Merge, it has been an exciting year for Ethereum and ethereum.org. We’ve shipped many impactful features and content, with thousands of incredible contributors helping us along the way. Let’s dive into our highlights of 2022: Translation program 🌎 Bringing educational Ethereum content to as many languages as possible is critical to our team’s vision for ethereum.org. Our incredible community of contributors has come a long way since we became a multilingual website in 2019, and in 2022 we were thrilled to…

What is Movement (MOVE)? Project Overview Movement Network is a pioneering blockchain ecosystem designed to merge the security of the Move programming language with Ethereum’s liquidity. As the first Move-EVM Layer 2 (L2) for Ethereum, Movement offers developers a high-performance platform to create secure, scalable, and interoperable decentralized applications (dApps). This innovative solution bridges the gap between Move and Ethereum ecosystems, enhancing user experience and blockchain capabilities. Mission and Value Proposition At its core, Movement seeks to enhance blockchain accessibility by merging the best of Move and Ethereum ecosystems. The mission revolves around: Bridging Move and EVM: Through the innovative…

Homepage > News > Business > Micropayments: The Bitcoin vision vs AI’s token revolution This post is a guest contribution by George Siosi Samuels, managing director at Faiā. See how Faiā is committed to staying at the forefront of technological advancements here. Bitcoin’s white paper promised a future where micropayments—small, efficient, peer-to-peer transactions—could transform global commerce. While Bitcoin has pivoted to a “digital gold” narrative, artificial intelligence (AI) platforms like Bolt.new are rapidly adopting models that touch on Bitcoin’s original vision. Token-based payment systems in AI services create a new frontier, pushing micropayments from theory into practice. But this story has grown even more interesting. With…

World, formerly Worldcoin, saw its native token WLD rally over the past day after it announced the launch of the World ID Passport Credential pilot in multiple countries. Worldcoin (WLD) rallied over 19% in the last 24 hours, reaching a 5-month high of $3.03 on Nov. 29 before settling at $2.88 at the time of writing. The assets’s market cap had surpassed $2 billion, while its daily trading volume also surged by 122%. The altcoin rallied after Worldcoin (now rebranded to World) revealed that the project is piloting World ID Credentials in select countries, including Chile, Colombia, Malaysia, and South…

When was the first time web3 made sense for you? We all have that moment. Whether it be seamlessly switching between protocols with just a wallet, receiving a crypto transfer from across the world minutes after it was sent, or minting your first NFT, there’s so much to web3 that’s simply just magical. Blockchain and crypto infrastructure rails have enabled us to create various forms of new digital experiences at a blindingly fast pace. Even against the current tide of the market, there are new communities and protocols launching every single day — all vying for the attention of just…

A closely followed crypto trader and Elliott Wave specialist is forecasting rallies for several altcoins amid a correction in the digital asset markets. Pseudonymous trader Bluntz tells his 304,000 followers on the social media platform X that the utility token for decentralized oracle service Pyth Network (PYTH) has broken out of a bull flag pattern. Bluntz’s chart also suggests that PYTH is in the midst of a five-wave impulse to around the $0.50 level. “Solana ecosystem looking good again, nice bull flag PYTH breakout. Looking impulsive.” Source: Bluntz/X Bluntz practices Elliott Wave theory, which states that a bullish asset tends…

Solana’s investor base is demonstrating unwavering confidence as the network sees a shift in the profile of its long-term holders. According to on-chain data from Glassnode, many more Solana addresses are moving into the long-term holder base, which showcases strong conviction from investors who entered the market during the recent 2024 rally. Solana Investors Hold Firm In Expectation Of Higher Prices Solana’s rally has slowed down in the past seven days, with the cryptocurrency now exhibiting a notable correction. At the time of writing, Solana is about 18% down from its all-time high of $263.21, a feat which it achieved…

Ethereum price started a decent increase above the $3,900 zone. ETH is consolidating gains and might aim for a move above the $4,000 resistance zone. Ethereum started a decent increase above $3,880 and $3,920. The price is trading below $3,920 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,980 and $4,020 resistance levels. Ethereum Price Faces Resistance Ethereum price remained stable and extended gains above $3,850 but…