Author: Yeek.io

Table of Contents:  What Are AI Penny Stocks? Top AI Penny Stocks to Watch in 2024 Key Characteristics of AI Stocks Why Consider AI Penny Stocks? Benefits of Investing in AI Penny Stocks How to Invest in AI Penny Stocks Things to Watch Before Investing Risks of Investing in AI Penny Stocks Penny stocks in artificial intelligence can be interesting for those seeking to invest in innovative technology at a lower price. AI Penny stocks mostly belong to emerging companies and provide high returns with great risk involved. In this blog, we will deep-dive into the best AI penny stocks…

New data from market intelligence firm Glassnode reveals that decentralized oracle network Chainlink (LINK) is gaining on-chain momentum as its price rises. In a new thread on the social media platform X, Glassnode says that LINK’s fundamentals are improving along with its active address momentum and rising price tag. “While LINK’s price surge was clearly driven by speculative and short-term market activity, its fundamentals are improving too. Active addresses momentum is trending higher, with the short-term SMA (simple moving average) of 6,682 still above the long-term SMA of 5,878. That said, active addresses remain far below their 2021 peak of…

The Bitcoin Fear and Greed Index is a sentiment analysis tool that captures the collective mood of Bitcoin traders and investors. Spanning a scale of 0 to 100, the index identifies market emotions ranging from extreme fear (0) to extreme greed (100). While it’s a popular resource among many analysts, it certainly has some doubters! So, let’s look at the data to quantifiably prove if this index can actually help you make better investment decisions.Investor EmotionThe Fear and Greed Index aggregates various metrics to provide a snapshot of market sentiment. These metrics include:Price Volatility: Large price swings often evoke fear,…

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…

Bitcoin is back above $100,000 after a slight correction early this week. A 2024 Pew Research Center poll shows that 17% of U.S. adults say they have ever invested in, traded, or used a cryptocurrency. This statistic has been unchanged since 2021.  Bitcoin’s rally past $100,000 has resulted in fear of missing out among many investors. The Fear and Greed Index that gauges market sentiment reads “extreme greed.” However, sidelined traders looking to enter trades could consider cheap altcoins as alternatives to the largest cryptocurrency in this market cycle.  Trump’s crypto plans catalyze gains in Bitcoin and altcoins  The incoming…

Quick take: The fundraising also attracted participation from Manifold Ventures. The fundraising was announced alongside the release of the Fantasy.top V2. The V2 comes packed with new features including the Pack Shop, which introduces a new way of collecting different cards. Fantasy, a decentralised card game that allows players to participate in fantasy betting and card trading has raised $4.25 million in a seed round led by Dragonfly, with participation from Manifold Ventures. The company plans to use the fresh capital to advance its trading card game and fantasy betting experiences.  Popularly known by its website URL, Fantasy.top, the company…

Homepage > News > Finance > Bank of England examines privacy enhancing technologies for CBDC The Bank of England (BoE)—the United Kingdom’s central bank—has released a paper in collaboration with the Massachusetts Institute of Technology Digital Currency Initiative (MIT DCI) exploring privacy enhancing technologies (PETs) for a possible digital pound. The paper is the result of an increasing enthusiasm from many countries around the globe for some form of central bank digital currency (CBDC)—the digital form of a country’s fiat currency, regulated by its central bank—which has come into conflict with an equally strong anti-CBDC lobby, whose primary concerns revolve around the thorny issues of…

Velodrome Finance price surged and reached the year-to-date high after getting listed by Binance.  Velodrome Finance (VELO), one of the biggest players in Optimism’s (OP) ecosystem, jumped to a high of $0.0335, up by 810% from its lowest level this year. Its rally brought the total market cap to over $282 million. VELO’s jump happened after Binance, the biggest crypto exchange in the industry, listed its token with a seed tag. That listing will give it exposure to millions of customers who use the Binance platform. Data by CoinGecko shows that most VELO tokens are traded on exchanges like MEXC,…

WIF’s price has been strategically capped at $3.80, a level where both big and small players are quick to exit. The key to breaking through this barrier lies in one of two conditions. One month ago, dogwifhat [WIF] exploded with a massive 30% surge, hitting $4.83 in a single day – the longest green candlestick in its history. However, just as it seemed ready to break its all-time high, a sharp correction took it back to $2.90, proving how unpredictable memecoins can be. While investors have taken a hit, the story isn’t over yet. A deeper pullback to $2.00 might…

Stargate is a fully composable liquidity transport protocol that lives at the heart of Omnichain DeFi. With Stargate, users & dApps can transfer native assets cross-chain while accessing the protocol’s unified liquidity pools with instant guaranteed finality. Powered by LayerZero omnichain technology Stargate is built on LayerZero technology, an omnichain interoperability protocol designed for lightweight message passing across chains. What this means is that apps built using LayerZero’s infrastructure will enable users to experience multiple chains and ecosystems much more seamlessly. While cross-chain messaging today is usually synonymous with bridging, LayerZero intends to make all cross-chain functions easier than ever…