Author: Yeek.io

Eric Trump, a prominent American businessman, executive vice president of the Trump Organization, and son of United States President-elect Donald Trump delivered a striking prediction at the Bitcoin MENA event in Abu Dhabi on Dec. 10. He confidently declared that Bitcoin will someday reach a value of $1 million per BTC.“I am confident that Bitcoin is going to hit $1 million.”JUST IN: 🇺🇸 President Donald Trump’s son, Eric Trump says, “I am confident that #Bitcoin is going to hit $1 million.” 🚀 pic.twitter.com/1SqScvddl2— Bitcoin Magazine (@BitcoinMagazine) December 10, 2024 Trump’s keynote address showcased his belief in Bitcoin as a revolutionary “financial paradigm”…

Market data showed Bitcoin’s price dropped sharply to near $94,000 during Wall Street’s first session of the week. This movement filled a predicted “market inefficiency” from earlier in December. Analysts noted that Coinbase traders aggressively sold Bitcoin, fueling the downward momentum.According to CoinGlass, Bitcoin accounted for $142 million of the liquidations, while Ether traders suffered even greater losses, with $208 million liquidated. Altcoins also faced significant selling pressure, with tokens like XRP coming under scrutiny for sharp declines.Some traders viewed the event as a healthy market reset. Leverage positions were wiped out, and altcoins began flipping key resistance levels into…

Crisis is a cruel teacher. It can draw us together in our shared fragility, but paradoxically it can also distance us from our shared humanity. In times of great crisis, the institutions and structures of society that are supposed to protect and support us may become twisted, corrupted, or rendered impotent – and sometimes, the very things that make us humans can play a role in our collective dehumanization. In Syria, my political activism became the grounds for denying me the most basic forms of identification. I was detained and tortured as a means of political repression. My academic pursuits…

Satoshi Protocol, a decentralized collateral debt position (CDP) project, saw its total value locked (TVL) soar by over 1,000% in the past month to break above $20 million, according to data from DefiLlama. On Monday, December 9, the protocol’s TVL reached a record $22.3 million, which represents a tenfold increase from about $2 million at the beginning of the month. Satoshi Protocol is a CDP project issuing a Bitcoin-backed stablecoin called satUSD. It uses a MakerDAO-like model to unlock Bitcoin liquidity. The stablecoin is available on multiple Bitcoin-related layer 2 chains, including BSquared, BOB, BEVM, and Bitlayer. The recent surge…

Bad actors keep ramping up crypto scams, with impersonation accounts surging to over 300 a day, according to blockchain analysts. Crypto scams on X are once again rising fast, with major accounts hijacked to promote fake tokens. Victims have already lost millions, and experts are warning users to stay alert. Analysts at blockchain firm Scam Sniffer warned in an X post on Dec. 10 that starting this week, daily impersonation accounts surged by 87%, jumping to over 300 compared to the November average of 160. The spike increases the risk for users as scammers continue to exploit high-profile accounts to…

It’s now Autumn in the northern hemisphere, but that’s not stopping us from bringing back the DeFi Summer vibes. The recently passed governance referendum: SR-2 A Synthetix Reboot, was approved with a staggering 104 million SNX tokens, achieving a near-unanimous consensus of 99.94% in what may be the biggest governance overhaul for Synthetix to date.From a new, more efficient DAO governance structure to community-wide organizational changes and a refreshed roadmap, the Synthetix Spartans have much to look forward to in 2025. Identified as a key area for improvement, a new DAO governance structure will replace the old. The previous 3 Council…

Will Shiba Inu hit the coveted 1 cent-level? Analysts are on the edge, speculating on the possibilities For this ambitious target to become a reality, two key conditions must change Right now, analysts are focused on predicting the next psychological targets for every major coin. Memecoins, with their inherent volatility, are often analyzed through the lens of how other cryptocurrencies are performing. Shiba Inu [SHIB] is no exception. With a promising Q1 ahead, fueled by expectations of Bitcoin breaking higher highs, analysts are speculating on SHIB’s long-term price target. Will Shiba Inu hit 1 cent anytime soon? Looking at SHIB’s daily…

Collect CUBEs, claim rewards with low fees and high efficiency. Your onchain credential is now live on Polygon PoS. CUBEs = Credentials to Unify Blockchain Events Polygon PoS = EVM-compatible, low fee, Proof-of-Stake sidechain CUBEs are open-source ERC-721 tokens to unify activity across chains, ecosystems, & dapps. They are now live on Base and Polygon with more chains coming soon. Collect CUBEs to unlock tokens, in-platform perks, and exclusive Quests! Collect your first CUBE on Polygon today Speaking of Polygon… did you know its ecosystem spans to the zkEVM? Polygon zkEVM and PoS are designed to address scalability and efficiency…

ADA declined by 21.78% over the past week. Cardano has seen a shift in market sentiment to bearish as sellers dominate. Since hitting a recent high of $1.3 a week ago, Cardano [ADA] has experienced a sharp decline to hit a low of $0.911. In fact, as of this writing, Cardano was trading at $1.02. This marked a 12.25% decline in daily charts. Prior to this, the altcoin was on an upward trajectory, hiking by 75.91% on monthly charts. The recent market conditions have left analysts talking. One of them is Ali Martinez who sees $1.2 as the critical support level.…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana network tokens, led by Catzilla, SHIB, and WIF, spark excitement with bullish trends and promises of exponential returns this altcoin season. The crypto world is abuzz as bullish trends light up the charts, signaling unprecedented opportunities. Among the standout performers are three groundbreaking tokens on the Solana network, each with the potential to deliver extraordinary returns. Could these coins be the golden ticket to exponential profits in the months ahead? For those with an eye on the future,…