Author: Yeek.io

Ethereum (ETH) continues to experience pullback in its price as it recently tested the $4,000 resistance level, a key psychological price mark for the cryptocurrency. Amid this correction, bearish tendencies among investors on Binance have surfaced. A recent analysis by CryptoQuant analyst Darkfost highlights a significant trend where Binance’s taker buy-sell ratio for Ethereum turned “sharply negative” at the $4,000 mark. This suggests that traders on the exchange have predominantly adopted a selling stance. Ethereum Tug of War According to Darkfost, the bearish sentiment on Binance has persisted since the start of November, coinciding with Ethereum’s approach to this critical…

Multiplayer battle arena game Moonray, which combines immersive gameplay and intense combat experiences with powerful web3 elements such as asset ownership and peer-to-peer trading, is creating a playbook for the broad adoption of blockchain gaming. Moonray’s creators seek to draw gamers in with exciting gameplay—and then introduce cutting-edge blockchain-enabled features to provide an enhanced game experience not possible in traditional games. Gameplay and crypto features are not ‘mutually exclusive’ Many blockchain games have struggled to gain traction due to high-barrier user experiences such as downloading web3 wallets, taking custody of digital assets, or lagging times that hamper gameplay. Popular games…

Homepage > News > Business > BTC’s price surge offers miners relief…but for how long? Block reward miners are experiencing a rare period of near-profitability as BTC tops the $100,000 mark, but rising network difficulty and cutthroat competition mean they’re only one plunge away from negative returns. Publicly traded BTC miners have released their November production updates, but first let’s talk about the trend that all the cool mining kids are into these days. That is, buying BTC with borrowed cash rather than going through the hassle of actually mining new BTC tokens. On December 9, Riot Platforms (NASDAQ: RIOT) announced plans to raise $500 million…

After a long hiatus, the Community X Space reconvened, offering insights, updates, and a platform for open dialogue among community leaders and users.This session highlighted the upcoming hard fork, the intricacies of the dToken restart, and a look at the ecosystem projects.A Major Hard Fork and What’s at StakeThe long-awaited hard fork, scheduled for tomorrow, will take place at block 4,463,000—around 4:30 pm CET. This isn’t just another update; it’s a structural shift aimed at stabilizing block times and setting the stage for DeFiChain’s ambitious dToken restart.The hard fork is significant, not only for its technical improvements but also for introducing a…

Shiba Inu milestone marked as Shibarium surpasses 600M transactions and 2M addresses. Shibarium’s TVL hits $6M, marking another milestone. Shibarium, Shiba Inu’s Layer-2 solution, has hit milestones in transactions and addresses. Shibarium’s TVL recently reached an all-time high, reflecting its expanding utility. As Shibarium thrives, its impact on SHIB’s price and market momentum remains a focal point for investors. Shiba Inu milestone in L2 The Shiba Inu’s L2, Shibarium, has recently crossed a major transaction milestone. In the past week, the number of transactions crossed the 500 million mark. As of this writing, the transactions have crossed another milestone, going…

A recent survey highlights the frustration among university scientists over limited access to computing power for artificial intelligence (AI) research. The findings, shared on the arXiv on October 30, reveal that academics often lack the advanced computing systems required to work on large language models (LLMs) and other AI projects effectively. One of the primary challenges for academic researchers is the shortage of powerful graphics processing units (GPUs)—essential tools for training AI models. These GPUs, which can cost thousands of dollars, are more accessible to researchers in large technology companies due to their larger budgets. The Growing Divide Between Academia…

In the rapidly evolving world of blockchain technology, Lightchain AI is emerging. It is a groundbreaking alternative to established platforms like Ethereum. With its innovative architecture, scalability, and AI integration, Lightchain AI offers significant advantages. These advantages promise to reshape how decentralized applications (dApps) are developed and executed. While Ethereum has been the dominant player in the space, Lightchain AI is set to outshine it. Lightchain surpasses it by addressing Ethereum’s key limitations which it has struggled with. Lightchain AI Overcoming Ethereum’s Scalability Challenge One of the major drawbacks of Ethereum is its scalability. As the Ethereum network grows, so…

The market intelligence platform IntoTheBlock has explained why Litecoin (LTC) isn’t an asset to be overlooked based on its on-chain metrics. Litecoin Has Continued To Witness Significant Activity Recently In a new post on X, IntoTheBlock has discussed what the various key on-chain indicators have been like for the Litecoin network recently. Below is the infographic shared by the analytics firm. According to the data, there are currently around 370,000 daily active addresses on the Litecoin blockchain. An address is said to be ‘active’ when it participates in some kind of transaction activity on the network, whether as a receiver or sender.…

Este artículo también está disponible en español. Following an earlier prediction of the Bitcoin flash crash to $94,000, a crypto analyst has set a new target for the pioneer cryptocurrency. The analyst anticipates another major decline in the Bitcoin price before it hits a new all-time high.  $130,000 Target In Sight After Bitcoin Flash Crash  The broader crypto market has undergone a significant correction sparked by the recent Bitcoin flash crash. In the past week, the price of Bitcoin lost $3,000 in less than 30 minutes, dropping from $97,000 to $94,000 before quickly rebounding back above $97,000. This unexpected flash…

Autonomous Arcade & Mass AdoptionIOSG VenturesNovember 14, 2023Join us as we shift our focus toward exploring the intersection of blockchain with gaming and other applications. Here, we engage, connect, and ignite to shape the future of this transformative technology within the gaming landscape and talk about applications, Data, ZK, and other topics within this one-day event including talks and panels joined by the industry leaders. Don’t miss it out to be part of the Old Friends Reunion that shapes the future of this dynamic world! Together, we further!Autonomous Worlds Assembly0xPARCNovember 15, 2023 → November 16, 2023We will run talks, game…