Author: Yeek.io

Spot Bitcoin exchange-traded funds in the United States recorded their tenth consecutive day of inflows on Dec. 11, with $223.03 million entering the funds as Bitcoin climbed back above the $100,000 mark. According to data from SoSoValue, the majority of inflows on Dec. 11 went into Fidelity’s FBTC, which saw $121.9 million in new investments, extending its inflow streak to ten days. ARK and 21Shares’ ARKB fund and Grayscale’s GBTC also contributed significantly, with inflows of $52.67 million and $20.13 million, respectively. Additionally, Grayscale Bitcoin Mini Trust, Biwise’s BITB, and VanEck’s HODL funds received more modest inflows of $15.74 million,…

Adidas has finally revealed its avatar-focused NFT collection, “ALTS by Adidas,” featuring 20,066 unique digital avatars.The collection arrives nearly three years after the company’s initial NFT debut with “Into the Metaverse” and represents a new phase in Adidas’ exploration of blockchain technology and web3 engagement.Whilst the release has generated significant buzz, community reactions have been divided, with some drawing comparisons to RTFKT’s Clone X collection and others debating the artistic merits of the project. Source: ALTS by AdidasWhat is ALTS by Adidas?“ALTS by Adidas” is a digital avatar collection designed to provide holders with virtual representations that align with their…

Homepage > News > Business > RBI grants credit lines through UPI to small finance banks The Reserve Bank of India (RBI) has permitted small finance banks (SFBs) to extend pre-sanctioned credit lines through the Unified Payments Interface (UPI) in an attempt to expand the reach of credit on UPI. Introduced in 2016, UPI offers instant money transfers and is a single mobile application for accessing different bank accounts. In September 2023, the scope of UPI was expanded by enabling pre-sanctioned credit lines to be linked through UPI and used as a funding account by scheduled commercial banks, but that excluded payment banks, small finance banks,…

Balancer, a decentralized exchange and automated portfolio management protocol, has announced that its v3 upgrade is now live. The Balancer (BAL) team said v3 is an upgrade designed to drive the next growth chapter of its decentralized finance ecosystem, with key focus being liquidity optimization and to incentivize developers. Balancer v3 introduces 100% boosted pools and includes a major partnership with DeFi behemoth Aave (AAVE). 100% Boosted Pools Balancer v3’s 100% Boosted Pools provides for a passive liquidity solution where underlying capital goes to external yield markets. However, it maintains liquidity for swaps. This means liquidity providers will, with just…

contributor Posted: December 12, 2024 POPCAT’s spot inflow/outflow showed that exchanges have started to witness outflows. With strong traders’ and investors’ interest, POPCAT could soar by 25% to reach the $1.53 level. Popcat [POPCAT], the popular Solana [SOL]-based memecoin, has been gaining notable interest from crypto enthusiasts as it defied major cryptocurrencies including Bitcoin [BTC], Ethereum [ETH], and Dogecoin [DOGE]. As of the 11th of December, the overall cryptocurrency market appeared to be facing a price correction, resulting in a decline in prices. Amid this price decline, POPCAT had recorded a price gain of over 6.5% in the past 24…

Arbitrum has recently hit all-time highs in total value locked on its Layer 2 network. Join our Arbitrum Adventure and explore its market-leading ecosystem. Arbitrum Leads by TVL Scaling solutions such as Arbitrum make it cheaper and faster to go onchain. By offloading Ethereum traffic with easy compatibility, L2s have gained significant value. Recently, Arbitrum hit all-time highs for a total value of $10.2B bridged to its network. OP Mainnet and Base use a similar technical approach for nearly $7B TVL combined — while zkSync notches $565M. Learn about zero knowledge vs. optimistic rollups here. Arbitrum Leads by Decentralization Arbitrum…

As a well-established token like ADA has started falling rapidly, investors have grown worried. Despite Cardano price reaching record highs last month and its layer-2 scaling solution, Hydra, processing billions in transactions, the ADA is losing its value. Meanwhile, a new AI-based platform, IntelMarkets, has stolen its spotlight. With impressive token sales in the presale stage and analysts assuring INTL’s exponential growth in the future, keep reading to know why IntelMarkets could be an ideal investment to start 2025 the right way. Cardano price slumps 7.81% amidst social media hack The past few days have been a rollercoaster ride for…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI blends blockchain and AI, launching its presale to redefine decentralized solutions while drawing insights from Shiba Inu’s community-driven success. The cryptocurrency sphere is buzzing with exciting projects, but there’s one name that stands out in merging artificial intelligence and blockchain, Lightchain AI. The Lightchain AI Presale is now live. This platform is making waves with its Proof of Intelligence (PoI) and AI Virtual Machine (AIVM), paving the way for the future of decentralized, AI-driven solutions. Interested users…

The Mean Dollar Invested Age of Dogecoin is in the spotlight-a metric that measures the average age of coins by their purchase price. DOGE’s MDIA has declined to 370 days, which is a 31% drop in the last eight weeks. This suggests that coins held for a long time are being moved back into the market, boosting network activity and fuelling positive sentiment.This is in line with a bullish outlook, according to blockchain analytics platform Santiment. DOGE’s funding rate on cryptocurrency exchanges also remains positive at 0.003%. A positive funding rate shows that traders betting on price increases are paying…

Greetings, Ethereum builders and enthusiasts! Devconnect Istanbul is just around the corner, with only two months to go! We’re here to remind you why we’re so excited about this event and to share some important updates and information. Don’t forget to secure your Devconnect Cowork ticket here, and if you need more information on what Devconnect is all about, head over to devconnect.org to learn more. Attend Devconnect to shape the future of Ethereum 🌍 Devconnect is a gathering for those eager to advance Ethereum. By participating you can: Make progress happen: The events listed on the Devconnect schedule are…