Author: Yeek.io
Decentralized finance (DeFi) altcoin Velodrome Finance (VELO) is skyrocketing following a new listing from the world’s largest crypto exchange by trading volume. Earlier today, Binance announced the addition of VELO to the crypto exchange. “Binance is excited to announce that Velodrome Finance (VELODROME) will be added to Binance Simple Earn, ‘Buy Crypto’, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures at the respective dates and timings listed below.” According to the announcement, Binance’s Simple Earn will list VELO Flexible Products for subscription today. Binance users will be able to purchase VELO on Monday, December 16th. VELO has almost doubled…
Crypto analyst Trader Tardigrade has provided an update on Dogecoin’s current price action. The analyst revealed that the meme coin has signaled a bullish crossover on the moving average convergence/divergence (MACD) and suggested where the DOGE price is headed next. Dogecoin Flashes Bullish Pattern In an X post, Trader Tardigrade revealed that Dogecoin’s MACD has signaled a bullish crossover and that the price structure is showing multiple higher lows along a recent rebound. The analyst noted that these indicate that DOGE has gained more buying power and may have completed the pullback. Based on his analysis, the Dogecoin price looks…
Data shows that the indicators related to the Bitcoin derivatives market have recently been heating up, which could lead to more volatility in BTC’s price. Bitcoin Open Interest & Leverage Ratio Have Shot Up As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Bitcoin Open Interest has registered a sharp increase alongside the asset’s return above the $100,000 level. The “Open Interest” here refers to a metric that keeps track of the total amount of derivatives positions related to BTC that are currently open on all centralized exchanges. Below is the chart shared by…
Hello everyone! My name is Mihajlo, and over the past six months as part of my Next Billion Fellowship, I’ve been working to bring the benefits of Web3 to the World Scouting Movement. Growing up in Serbia in the ’90s, I experienced firsthand the devastating effects that wars and sanctions can have on young people. There weren’t a lot of opportunities to find good role models or supportive peers. In that sort of environment, it’s easy for youth to become caught up in gangs or criminal activity. I would say it’s because of technology and the scouting movement that I…
So next to web3, gaming simply isn’t about playing games”; it’s about owning the experience’.’ Unlike traditional games, where everything is controlled by developers, Web3 gaming is different as it provides real ownership of in-game assets. These aren’t even temporary rewarding items –they are items and properties that you can use to trade, sell, or, indeed, carry to other games. Decentralized systems and player-driven economies are evolving the gaming industry into something revolutionary. ow NFTs Shape the Structure of Web3 Games Web3 gaming is built on top of NFTs (nonfungible tokens). They add new, unique value to assets, making each…
Plume Network, a fully integrated layer-1 modular blockchain for real-world asset finance, is partnering with Chateau Capital to tokenize illiquid assets and unlock more than $500 million in private market investments. The partnership aims to bring premium private market investments on-chain, Plume Network and Chateau Capital announced in a press release. This collaboration is expected to democratize private markets by providing new opportunities to global investors. Chateau Capital’s decentralized finance infrastructure, which bridges traditional finance and DeFi, will play a central role in the partnership. The initiative will enable investors to access institutional-grade investment opportunities through the tokenization of traditionally…
Explore web3 your way, using one wallet or ten. Today, we launch multi-wallet support on Layer3! You can now easily link additional EVM addresses to your Layer3 profile, and choose which of your connected wallets to use for any Quest step. This has been a long-requested feature from our community. With multi-wallet support, it’s easier than ever to complete Quests through not just one wallet but multiple, giving you a better way to aggregate your on-chain progress via your Layer3 profile. What’s New Connect multiple EVM wallets to your user profile If you head to your User Profile settings, you’ll…
Stellar’s golden cross and $0.33 support suggest potential recovery to $0.45 and beyond. Historical 3,162% XLM gains fuel $2.19 price target as investors withdraw $3.37 million from exchanges. Stellar [XLM] has retraced some of its previous gains, trading at $0.4255 at press time. This represents a 0.96% drop over the past 24 hours and a 9.09% decline over the past week. With a circulating supply of 30 billion XLM, the crypto holds a market capitalization of $12.79 billion. Despite the short-term pullback, analysts point to historical data and recent technical indicators as reasons to monitor the asset closely. Technical indicators…
Este artículo también está disponible en español. A crypto analyst has shared an XRP price chart, hinting at a potential breakout above $10 if the prominent altcoin can replicate a past fractal. The analyst urges the XRP community to monitor this fractal closely, highlighting the need to monitor price movements in the coming weeks. XRP Price Eyes $16 As Analyst Spots Bullish Fractal An XRP supporter on X (formerly Twitter), known as ‘LUDXRP,’ has released a detailed chart analysis, predicting that the XRP price could climb to an ambitious price target of $16.15. The analyst mentioned the presence of a…
Este artículo también está disponible en español. According to Tony Severino, a crypto analyst on X (formerly Twitter), the Bitcoin price could surge significantly to $120,000 by next week. The analyst has grounded his bullish projection on Bitcoin’s daily Bollinger Bands (BB), highlighting that these indicators are expanding while BTC displays a similar price action observed in 2023. BTC Price Targets $120,000 ATH On December 12, Severino shared a chart demonstrating a technical analysis of Bitcoin using the Bollinger Bands and a historical correlation of late 2023 price behavior. The analyst predicted that if history repeats itself, the Bitcoin price…