Author: Yeek.io

Ethereum is portraying its position as a leader in the crypto market after its recent upward spike to the $4,000 mark, a level not seen for about three years. As ETH challenges resistance points, this notable rally toward the pivotal level has sparked strong confidence about its future performance. Can Ethereum Reach Its Current Peak? The recent price action of Ethereum shows that the crypto asset could be on the verge of reclaiming its all-time high, achieved during the remarkable 2021 bull cycle. With ETH hitting the $4,000 mark again, Daan Crypto Trades, a market expert and trader, contends that…

Bitcoin’s Historic Surge Above $100,000 A significant development in the cryptocurrency world, Bitcoin‘s quick rise past $100,000 has drawn notice. Significant price swings and a flurry of market activity followed this achievement last Wednesday. Soon after it reached its highest point ever, Bitcoin had a sharp drop, falling to an eight-day low of about $92,000. Despite the volatility, the asset managed to recover and maintain its position. Data from CoinGecko indicates that the price of Bitcoin is presently circling around $99,260. This calming phase has given traders a brief breather after a turbulent week. Source: CoinGecko Despite the excitement surrounding…

Homepage > News > Business > Last Week in AI: Google, OpenAI leads generative AI video creation Tech giants are now racing to bring their generative AI video models to market. Google (NASDAQ: GOOGL) recently unveiled Veo, its generative video AI, to a select group of beta testers, showcasing its capabilities through a series of demos. Around the same time, OpenAI announced the upcoming release of Sora, its own generative video product, as part of a promotional campaign dubbed “The 12 Days of OpenAI.” 12 days.12 livestreams.A bunch of new things, big and small.12 Days of OpenAI starts tomorrow.— OpenAI (@OpenAI) December 4,…

As blockchain ecosystems mature, maintaining the critical infrastructure that underpins their reliability and functionality becomes a strategic priority.The latest funding proposal for DeFiChain addresses precisely this need, seeking approval for a one-year budget allocation for 2025 amounting to 6,000,000 DFI (~$90,000 USD).This funding will ensure the continuity of essential services that are the backbone of the DeFiChain blockchain.Understanding the ProposalThe proposal outlines a comprehensive budget to sustain key infrastructure components vital to the DeFiChain ecosystem. These include:Ocean Infra: The foundation for connecting and interacting with the blockchain.Snapshot Infra: Ensuring data backups and network recovery capabilities.Defiscan and Blockscout Explorers: Enabling users to…

DOGE might be testing the support of a bullish pattern.  A fresh bull rally can push DOGE towards its ATH.  Dogecoin [DOGE] didn’t move in investors’ interest over the last 24 hours as its price dropped. However, investors shouldn’t lose hope yet, as this might be the calm before a storm. To be precise, this latest correction might just be a retest of a key support.  Dogecoin breaks out of a pattern Dogecoin bears dominated in the last 24 hours by pushing the memecoin’s price down by more than 5%. With the latest correction, DOGE was priced at $0.443 with…

Mantra has announced that cloud computing giant Google Cloud is now a validator and infrastructure provider for the layer-1 blockchain MANTRA Chain. MANTRA Chain, whose mainnet went live on Oct. 23, is an L1 for tokenized real-world assets. Its partnership with Google Cloud aims to bolster innovation across the real-world assets market, the platform stated in a press release. Mantra eyes RWA accelerator Google Cloud’s collaborations across the crypto market include partnerships with Flare, Aptos, Sui, Mysten Labs, Zilliqa, and Fireblocks, among others. Whether as a node operator, oracle service, or strategic alliance, these integrations are seen as key to…

A closely followed crypto strategist believes XRP is gearing up for bullish continuation after rallying hard last month. Pseudonymous analyst Credible tells his 446,700 followers on the social media platform X that he’s keeping a close watch on XRP in its Ethereum pair (XRP/ETH). According to the analyst, his initial target for XRP/ETH would bring XRP/USD to a price area last witnessed in January 2018 when the altcoin reached its all-time high. “We still have another ~98% of upside to go against ETH before my first main target on the XRP/ETH pairing is met. At current prices of ETH ($4,000),…

Warren Buffett, the renowned “Oracle of Omaha,” is known for his frugal lifestyle. Yet, his family once received surprisingly lavish Christmas gifts: $10,000 in cash. However, this tradition took an unexpected turn, reflecting Buffett’s keen understanding of long-term financial planning and his unique approach to generosity. A Christmas cash spree—then a change of heart Mary Buffett, former daughter-in-law of Warren Buffett, described the initial Christmas gift-giving as a whirlwind of instant gratification. In a 2019 interview with ThinkAdvisor, she recalled, “As soon as we got home, we’d spend it, whoo!” This impulsive spending prompted a significant shift in Buffett’s gifting…

Approximately 38% of active PEPE addresses are currently in profit. This has raised concerns about potential sell pressure as holders may look to secure gains. Market watchers note that sustained profit-taking could slow PEPE’s recent rally, though overall optimism remains evident.Technical indicators also point to significant buying interest. Chaikin Money Flow, a means of measuring capital inflow, has surged above the neutral line after weeks of minimal activity. This depicts a renewal of confidence among investors, which helped PEPE to sustain the bullish trend.The price of the PEPE is likely to remain above the key support line of $0.00002334. Moving…

Hey Ethereum family! 🦄 We’re delighted to start this new year by sharing an update that’s not just about revealing the location and date for Devcon 7, but rather an exciting expansion of our vision. This year, we’re embracing the whole Southeast Asia region as the stage for our community gathering! Why? read on to find out! First and foremost, thank you for your patience amid the buzz and speculation about our next destination. After a memorable time in Bogotá for Devcon VI, we made the decision to schedule Devcon 7 for 2024. One of the main reasons for the…