Author: Yeek.io

Solana (SOL) has been in the news over the last few weeks, albeit for different reasons. The popular altcoin was one of the many benefactors of a Donald Trump presidential victory, rising by 67.69% in three weeks after November 5 to reach a new-all time of $263.  However, this price surge has been followed by a gradual recorrection of 15.13% in the last two weeks. Albeit, recent data on investors’ behavior shows significant market optimism on the fifth-largest cryptocurrency. Solana ‘New’ Investors Buoyant On Bullish Future In an X post on December 13, blockchain analytics company Glassnode shared an insightful…

The NFT market sales have surged amid mixed cryptocurrency price action, with Bitcoin reclaiming the $100,000 level while Ethereum retreated from last week’s $4,000 mark. The global cryptocurrency market capitalization has slightly contracted to $3.63 trillion from last week’s $3.67 trillion as per CoinMarketCap data. According to the latest data from CryptoSlam, the NFT market has surged 16.36%, with total sales volume reaching $224.5 million. However, the data shows that the number of unique buyers has decreased by 73.97% to 180,641. Ethereum network sees a 21% surge The Ethereum (ETH) blockchain continues to dominate with $118.9 million in sales, showing…

Since its debut in 2016, one software wallet has stood atop the web3 industry for its ease of use, its forward-thinking approach, and for its continuous improvement in both features and security.That software wallet is called MetaMask.A lot of the features, trends and experiences that are commonplace in software wallets today are all thanks to MetaMask. The wallet has gone to great lengths to cater to the blockchain community – so much so that it remains the most popular software wallet to this day. What is MetaMask, why is it still so popular, and what could its future hold?Here’s our…

A new postmortem report from Radiant Capital claims a North Korean state-backed hacker was behind the $50 million exploit of the protocol. The attacker impersonated a “trusted former contractor” of Radiant Capital to deploy malware via a “zipped PDF” file shared across the messaging platform Telegram, the report noted, citing findings by cybersecurity firm Mandiant. According to Radiant Capital, the file originated from a “DPRK-aligned threat actor” believed to be UNC4736, also referred to as Citrine Sleet, and the masterminds behind the AppleJeus malware.  Leveraging the contractor’s prior relationship with Radiant’s team, the attacker crafted a convincing ruse by spoofing…

Dogecoin’s selling pressure was weak and the $0.35 demand zone might not be breached soon The consolidation around $0.35-$0.45 could give DOGE bulls strength to drive the next rally in the coming weeks Dogecoin [DOGE] formed a double bottom pattern on the price chart, one that promised a strong rally was brewing. However, the technical indicators and the liquidation levels showed that a short-term range formation was possible. Which way will the leading memecoin run in? Dogecoin defends local demand zone Source: DOGE/USDT on TradingView A set of Fibonacci retracement and extension levels were plotted based on the rally made…

⭐️ This article is part of Layer3’s series for product-oriented growth professionals in web3. DM @meowllark on Telegram to join our community and connect with others on all things web3 product, growth, and marketing. If you’re a product manager or growth leader in web3, you’ve probably thought about innovative ways to grow and scale your web3 company. However, the current tools that dominate in the industry, especially when it comes to user acquisition, retention, and engagement, are sorely lacking. I’m referring specifically to channels like Discord and Twitter, which crypto products massively over-index on when it comes to turbo-charging their…

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…