Author: Yeek.io
Este artículo también está disponible en español. Cardano (ADA) faced a 23% retrace from its local highs yesterday, following a volatile day that saw many altcoins lose ground. Despite the correction, ADA has been one of the top-performing altcoins since November 5, showcasing its resilience amid market fluctuations. Investors remain optimistic that Cardano will continue outperforming as the broader crypto market gains momentum. Related Reading Top analyst Ali Martinez shared a technical analysis on X, highlighting striking similarities between ADA’s current price chart and its 2020 performance—a year marked a bullish phase for altcoins. According to Martinez, this resemblance suggests…
Bitcoin and Ethereum whales are looking to capitalize on the market-wide downturn as the leading assets are trading at a discount. Bitcoin (BTC) fell 1.4% in the past 24 hours and is trading at $97,300 at the time of writing. The flagship cryptocurrency touched an all-time high of $103,700 last week. Ethereum (ETH) dropped 3.3% and is currently changing hands at $3,750 — the leading altcoin broke the $4,000 mark on Dec. 6 for the first time in nine months. As both of the leading assets witnessed price drops, whales started to accumulate. According to data from the market analytics…
One of such fast-moving trends in the gaming industry is the rise of Play-to-Earn (P2E) games which merge entertainment with financial rewards. These games, which are taking place in 2024, still bring together players from all around the world who can earn cryptocurrency and NFTs playing them. P2E blockchain games are proving very popular as blockchain technology evolves, with millions of players eager to get paid as they play and experience super immersive virtual worlds. Here at NFT Droppers, we love reporting the latest news and updates on the best Play to Earn Games. In this article, we will discuss…
Homepage > News > Business > Last Week in Crypto: New SEC Chair named, Coinbase integrates Apple Pay This week, President-elect Donald Trump nominated Paul Atkins as the next Chair of the United States Securities and Exchange Commission (SEC). The announcement was made on December 4 through Trump’s platform, Truth Social. class=”truthsocial-embed” allowfullscreen=”allowfullscreen”> Trump commended Atkins for his belief “in the promise of robust, innovative capital markets that are responsive to the needs of Investors, & that provide capital to make our Economy the best in the World. He also recognizes that digital assets & other innovations are crucial to Making America Greater than…
New Zealanders are not too excited about a central bank digital currency, with the Reserve Bank of New Zealand’s public consultation feedback revealing the majority view it as not important. On December 10, the Reserve Bank of New Zealand (RBNZ) released the results of its public consultation on a potential CBDC, which garnered feedback from 500 written submissions and 18,000 survey responses. More than 70% of the respondents were of the opinion that a CBDC, which the bank refers to as “digital cash,” was not important. Further, only 16% agreed with the RBNZ’s rationale for introducing a CBDC to ensure…
Coinbase has added 34 tokens to its listing roadmap in 2024, with meme coins making up 20% of the total, reflecting the exchange’s cautious approach despite the meme coin craze. As a publicly traded company, Coinbase‘s 2024 strategy for listing tokens seems to reflect a more measured approach compared to its rivals, with a selective focus on high-market-cap meme coins and a preference for Ethereum (ETH) and Base (BASE) networks rather than Solana (SOL) or BNB Chain (formerly Binance Smart Chain). https://twitter.com/ai_9684xtpa/status/1866367898501206452 In an X thread on Dec. 10, an on-chain analyst under alias “ai_9684xtpa” revealed that in 2024, Coinbase…
Imagine a work environment where every team member — from executives to new hires — has a personal assistant who can handle routine tasks, analyze data, and deliver customer insights on demand. With AI agents, this vision is becoming a reality. Today’s AI agents can manage an array of tasks, offering everything from customer support to data-driven business insights, and they are transforming companies’ ability to scale, meet goals, and tackle complex challenges. AI agents, especially those integrated with generative AI capabilities, can quickly access and analyze trusted data, saving employees time and freeing them up to focus on critical…
Binance, the leading crypto exchange in terms of trading volume, has announced the launch of an exclusive wallet. As per the official announcement, Binance is relaunching the Binance Wallet, which was formerly called Binance Web3 Wallet, to increase Web3 accessibility. Binance Relaunches Binance Wallet to Increase Web3 Accessibility The crypto exchange mentioned that Binance Wallet’s relaunch will take place in phases during the next months. Each of the stages will unveil an exclusive theme to deal with key challenges concerning the Web3 adoption. In this way, the platform intends to ensure a thoughtful and streamlined transition for the consumers. This…
Anton Tkachev, a State Duma deputy from the “New People” party, has formally proposed the establishment of a Strategic Bitcoin Reserve (SBR). Tkachev submitted an appeal to the Russian Minister of Finance, Anton Siluanov, advocating for the creation of a Bitcoin reserve analogous to the country’s existing reserves in traditional currencies. The proposal has been obtained and disclosed by the Russian state-owned news agency, RIA Novosti. Will Russia Build A Strategic Bitcoin Reserve First? The appeal explicitly requests, “I ask you, dear Anton Germanovich, to assess the feasibility of creating a strategic reserve of Bitcoin in Russia by analogy with…
Data from Coinglass shows that 583,530 traders faced liquidations in the past 24 hours. Long positions accounted for most of the losses, totaling $1.552 billion, while $154.59 million came from short positions.The market reaction was swift. Some traders labeled the liquidations a “healthy reset.” The funding rates across altcoins normalized as overleveraged positions were closed. This may stabilize future price movements.Analysts also track future statistics in the U.S., such as the Producer Price Index, weekly jobless claims, and Consumer Price Index. These data points could contribute to a potential surge or drop in the price of Bitcoin. This, in turn,…