Author: Yeek.io

Ethereum active addresses up 36%, signaling organic demand and solid network activity. Breaking $4,100 resistance could propel ETH towards its all-time high of $4,891. Ethereum [ETH] experienced a major surge earlier this month, briefly touching the $4,000 mark before entering a consolidation phase. While price action has cooled in recent days, analysts remain optimistic, pointing to strong indicators that Ethereum’s bullish momentum is far from over. Since the US elections on 5th November, ETH has seen a remarkable 70% price increase, fueled by organic demand, as evidenced by a significant rise in active addresses. This surge, driven by real network…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana is gearing up for a powerful rally to $290. Whale interest in Cardano and a rising DeFi coin could trigger a price surge. Most top altcoins in the crypto market are currently in a consolidation phase after the recent price pump. One of them is Solana (SOL). Analysts forecast a breakout could occur in the coming weeks which could propel it to $290. On the other hand, whales are showing huge interest in Cardano (ADA) and a new…

Este artículo también está disponible en español. Crypto analyst Cantonese Cat (@cantonmeow) suggests a scenario in which Dogecoin could reach $1 or even $2 relatively quickly. Posting on X, the analyst stated: “DOGE closed 3 weeks in a row above 0.786 log fib, which makes higher prices possible; don’t be surprised if it hits $1 or $2 in a hurry.” Why Dogecoin Is Even More Bullish Than Last Cycle In a recent YouTube video, Cantonese Cat provided in-depth technical analysis, comparing Dogecoin’s current cycle to its previous historic run. The analyst highlighted that last cycle, the price faced rejection around…

Crypto provider 21Shares anticipates a transformative year for crypto in 2025, projecting Bitcoin’s continued rise, Ethereum’s revenue rebound, and the expansion of stablecoins. Crypto exchange-traded products are projected to reach $150 billion in assets under management by 2025, driven by increasing institutional interest, according to 21Shares’ latest research. The firm’s “2025 State of Crypto Market Outlook,” published on Dec. 9, identifies key factors driving this growth, including rising institutional demand, U.S. approvals of crypto ETPs, and favorable macroeconomic conditions. The outlook also predicts that more nation-states will adopt Bitcoin (BTC) as a reserve asset, with countries like Argentina likely to…

Quick take: Launched in 2020, when NFTs and the metaverse were being hyped as the next major technological breakthroughs, RTFKT became one of the leading NFT projects by 2022. Barely a year after buying RTFKT, Nike launched its own brand for digital collectibles, .Swoosh in November 2022. In September 2024, the sportswear giant seemingly failed to include the RTFKT logo in an official announcement according to The Verge. Popular digital wearables brand RTFKT (pronounced “artifact”) on Monday announced it is shutting down. “Today, we’re announcing the plan to wind down RTFKT operations,” RTFKT said in a statement on X. “To…

21X, a Frankfurt-based fintech focused on supporting institutional adoption of tokenised securities, has secured a licence to operate a blockchain-based trading and settlement system from Germany’s financial supervisory authority, BaFin.21X is now a fully regulated financial institution in accordance with European Union (EU) law and plans to launch an exchange for tokenised financial instruments from its Frankfurt headquarters in the first quarter of 2025.By leveraging blockchain technology, 21X plans to make its mark on capital markets through the trading and settlement of tokenised securities, including equity and debt securities, as well as funds – along with real-world assets (RWAs) such as…

Quarterly Report for Synthetix, Quarter 3 of 2024: July — September.👉Q3 Highlights⭐ Spartan Council/CCs: V3 Migration, SNAX Chain, & Referendum⭐ Ambassador Council: Ecosystem GrantsOver the past few months, the Synthetix Protocol has undergone significant developments and faced a range of challenges as it continues to expand and evolve. In this report, we will explore some of the key highlights, such as the successful migration to V3, new market launches, and governance updates. We’ll also dive into the challenges that have surfaced, particularly around liquidity, integration delays, and governance complexities. Let’s take a closer look at both the achievements and obstacles during this…

Memecoins could continue to rally until they are noticed by retail investors. Currently, memecoins appear bullish and are currently retesting their breakout levels.  The crypto memecoin sector is making waves with its impressive performance, even as major cryptocurrencies struggle. All major memecoins, from Dogecoin [DOGE] to Peanut the Squirrel [PNUT], have experienced notable upward momentum. The potential reason for a memecoin rally The potential reason for this major upside momentum is the shift in investors’ and institutions’ interest from top assets like Bitcoin [BTC], Ethereum [ETH], and Solana [SOL] to memecoins. This rising interest is the reason behind memecoins pumping…

In the evolving landscape of artificial intelligence, the development of multimodal models is reshaping how we interact with and process data. One of the most groundbreaking innovations in this space is the Phi-3-Vision-128K-Instruct model—a cutting-edge, open multimodal AI system that integrates visual and textual information. Designed for tasks like Optical Character Recognition (OCR), document extraction, and comprehensive image understanding, Phi-3-Vision-128K-Instruct has the potential to revolutionize document processing, from PDFs to complex charts and diagrams. In this article, we will explore the model’s architecture, primary applications, and technical setup and explore how it can simplify tasks like AI-driven document extraction, OCR,…

Veteran trader Peter Brandt believes a large-cap altcoin that’s been surging as of late has one of the most bullish charts in crypto. Brandt tells his 760,700 followers on the social media platform X that cross-border payments solution XRP is in the midst of a massive breakout. The trader shares a chart suggesting that XRP’s market cap has cleared the diagonal resistance of a massive triangle pattern that has kept the market bearish for over seven years. “This the most powerful chart in all of crypto world XRPUSD.” Source: Peter Brandt/X At time of writing, XRP is trading for $2.51…