Author: Yeek.io

XION, the earliest walletless L1 blockchain, has announced an exclusive funding project in collaboration with Thrive Protocol. The $12.6M Anti-Grant-Grant Program targets to expedite the mainstream Web3 adoption via significant builder support. XION’s $12.6M Anti-Grant-Grant Program Focuses on Offering Exclusive Web3 Use Cases The platform mentioned in its announcement that its $12.6M Anti-Grant-Grant Program offers long-term, sustainable builder support. The mutual endeavor of XION and Thrive Protocol backs entrepreneurs. Hence, those using XION’s advanced chain abstraction to develop real Web3 use cases for all users can get significant support. XION Founder, Burnt Banksy expressed excitement for this development. He asserted…

Bitcoin mining company Riot Platforms has increased its BTC holdings with the addition of over 5,000 coins in the past few days. This significant purchase came on the back of reports that the miner was under pressure from activist investor Starboard Value. How Much BTC Does Riot Platforms Currently Own? On Friday, December 13, Riot Platforms announced that it had purchased approximately $510 million worth of BTC between December 10 and December 12. According to the post on X, the cost of this latest purchase was pegged at around $99,669 per BTC, including fees and other charges. The most recent…

Este artículo también está disponible en español. The Shiba Inu price is flashing bullish signals that could pave the way for an impressive 130% rally to new levels. A crypto analyst has highlighted a pattern of higher highs, solidifying his optimistic price projection of an imminent price surge for SHIB.  Shiba Inu Price Gears Up For 130% Rally Klejdi Cuni, a TradingView crypto analyst, has released a detailed chart analysis displaying a bullish set-up for the Shiba Inu price. The chart highlights an ascending oval trend, with Shiba Inu consistently making higher highs on the daily.  Related Reading Source: TradingView…

Despite surging more than 65% on a year-to-date (YTD) basis, Ethereum (ETH) has been overshadowed by Bitcoin (BTC) and other cryptocurrencies like Solana (SOL) and XRP due to their extraordinary price gains throughout 2024. Analysts are increasingly bullish on ETH, projecting five-figure price targets for the second-largest cryptocurrency. Ethereum To Finally Get Its Moment? The leading smart contract platform has had a relatively modest performance in 2024. ETH was trading at $2,350 on January 1, priced slightly above $3,800, marking gains of over 65%. However, a 65% yearly increase is often seen as average in the crypto industry, particularly during…

Exploring the NFT world can be tricky, with many projects lacking authenticity. At NFT Droppers, we offer reliable ratings by examining over 70 detailed factors. We dive into NFT features, structure, roadmaps, technical details, and token utility. We also look at media presence, website traffic, and community engagement. Our team checks the whitepaper, investment timeline, market potential, and existing user base to gauge the project’s vision. We thoroughly verify team members to ensure authenticity and provide all essential information for investors. Our ratings are frequently updated, and we continuously improve our methods. Trust NFT Droppers for insightful and current NFT…

Stacks has announced the launch of a 35% annual percentage yield for Hermetica’s stablecoin USDh, setting a record for the Stacks DeFi ecosystem. In a recent post on Dec. 9, the Bitcoin (BTC) layer-2 scaling solution Stacks reveals the launch of a 35% annual percentage yield on its DeFi ecosystem. This yield marks a new all-time high for the Stacks (STX) ecosystem and is available through Hermetica’s stablecoin USDh. “Shoutout to the incredible Bitcoin builders on the leading Bitcoin L2 for pushing the boundaries of what’s possible on Bitcoin!” said the official Stacks account in their post. https://twitter.com/stacks/status/1865466000554021073?s=61&t=Goh7F7TZjoAVMq_tusVLpw Previously, USDh…

Shiba Inu price continued to consolidate this weekend even as some cryptocurrency analysts remained optimistic. Shiba Inu (SHIB), the second-biggest meme coin in crypto, was trading at $0.00002812, up by 163% from its lowest level in August. Some analysts predict that Shiba Inu was on the cusp of a strong bullish breakout in the coming weeks. In an X post, SHIB Mortal, predicted that the coin would jump to $1 in this bull run.  Similarly, Daink, a popular trader with over 88k followers, expects the coin to have a strong bullish breakout. He cited its strong technicals on the monthly…

Layer3 is excited to announce our newest partnerships with Dimo and React, two leaders in an emerging category called ‘Token Incentivized Physical Networks’ or TIPIN. TIPIN refers to decentralized networks of physical hardware that are bootstrapped through token incentives. Things like car data, excess energy, wireless access, and cloud storage require significant capital expenditure and operational overhang. Token incentives help catalyze these networks as users earn ownership in the network by supplying or sharing their resources or data. At Layer3, our mission is to enable users learn, explore, and succeed in Web3. To that end, we are excited to partner…

New data from market analytics firm Glassnode reveals that traders are keeping their Solana (SOL) stacks amid expectations that its price will continue to rise. In a new thread on the social media platform X, Glassnode says that long-term holders now own a significant supply of SOL, believing that Solana’s bullish phase is far from over. “Solana investors are HODL-ing (holding on for dear life) firm, expecting higher prices. Long-term holders’ share of wealth locked in the network is growing. The 6-12 month cohort now holds 27% of the supply, showing conviction from 2024 rally buyers.” Source: Glassnode/X But the…

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…