Author: Yeek.io

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…

Ethereum has made headlines after experiencing a breakout above the $3,700 level, a key resistance zone that previously capped its upward momentum. This milestone marks a significant turning point, as the price continues to push toward new yearly highs. Following the breakout, Ethereum retraced to test $3,700 as support, solidifying this level as a potential launchpad for future price action. Top crypto analyst Jelle shared a detailed technical analysis on X, highlighting Ethereum’s breakout from a multi-year bullish pennant pattern. According to Jelle, this pattern has formed since 2021 and represents a long-term consolidation phase. The successful breakout and retest…

This always happens as we see market fluctuations and shifts of one form of investment or other, in relation to NFTs and therefore the debate on whether NFTs are dead in 2024 usually surfaces. Nevertheless, as the audiences would have gotten carried away with impressionistic and over-estimated statements, allow it me to point out that NFTs are, in fact, very much alive. But instead what is seen is a growth of the industry with an orientation toward operational sustainability, creating long-term value and relevance. This shift termed as morphing stage rather than the exit call perfectly signifies a positive outlook…

Layer-1 blockchain network Avalanche experienced increased on-chain activity after revealing its biggest network upgrade since the protocol launched. According to a Messari report, the Avalanche (AVAX) ecosystem witnessed an uptick in quarter-on-quarter metrics during Q3 2024. Compared to the year’s second quarter, the layer-1’s total value locked reached $1.5 billion due to a 66% increase. Daily transactions across sovereign layer-1 blockchains on Avalanche grew by 18%, as the stablecoin supply on AVAX surged by 31%.  AVAX user progress was attributed to the so-called Avalanche9000, a network upgrade designed to simplify launching a layer-1.  Avalanche uses a proof-of-stake smart contract architecture…

Make faster, smarter, and more informed decisions in DAO governance. Layer3 is excited to announce our newest partnership with Boardroom. Boardroom is a web3 governance aggregator that allows you to track, analyze, and vote on proposals across DAOs. We’ve created a series of Bounties in collaboration with Boardroom so that you can experience the magic of delegating and re-delegating through Boardroom. As part of our collaboration, we’ll be rewarding Questers with 76k+ in $OP rewards if you delegate via Boardroom on Optimism. Complete our two Bounties with Boardroom below to earn 550XP and $OP rewards! Ready to go? Try them…

As the potential altcoin season continues, many hard-to-ignore coins, like Solana (SOL) and DTX Exchange (DTX), have outstanding fundamentals and incredible past records. While Solana price is currently trading below $230, experts predict it could reach $300 at Christmas.  If the Solana price achieves the target, it will benefit many meme coins, such as Bonk and Dogwifhat (WIF), within its ecosystem. This target can also catalyze the next swing in the bull cycle, which will benefit future leaders like DTX Exchange. Solana Price Outlook: Descending Trendline Major Resistance Solana welcomed December with a head-held high, marking a 43% gain in…

Follow Nikolaus On 𝕏 Here For Daily Posts Today, Bloomberg ETF analysts Eric Balchunas and James Seyffart announced that MicroStrategy (MSTR) is expected to enter into the Nasdaq 100 (QQQ) later this month on December 23.$MSTR is likely to be added to $QQQ on 12/23 (w/ announcement coming 12/13). Moderna likely to get boot (symbolic). Below is best guess of adds/drops via @JSeyff. Likely a 0.47% weight (40th biggest holding). There's $550b of ETFs tracking the index. S&P 500 add next yr prob. pic.twitter.com/rmTavtvWQL— Eric Balchunas (@EricBalchunas) December 10, 2024 “MicroStrategy will likely enter the Nasdaq 100 Index on Dec.…