Author: Yeek.io

Mt Gox was once one of the worlds biggest Bitcoin exchanges Image Shutterstock On December 4, a wallet tied to the now-defunct Mt. Gox exchange transferred an astounding 27,871 Bitcoin, valued at approximately $2.8 billion, to an undisclosed address. This movement aligns with Bitcoin’s monumental breach of the 0,000 mark, a significant milestone for the cryptocurrency market. According to data from Arkham Intelligence, this latest transfer leaves the Mt. Gox wallet with 39,878 Bitcoin, roughly $4.1 billion in value. This move follows a previous substantial transfer of 2,500 BTC, worth $222 million, on November 12. The exact motives behind these…

The blobs are coming: Dencun will go live on Goerli at 6:32 UTC on January 17, 2024.Dencun will be Goerli’s last upgrade before core teams stop supporting it. More on this in a previous post.Assuming the Goerli upgrade goes well, the Sepolia and Holesky testnets will activate Dencun over the next few weeks.To receive an email alert for network upgrade announcements, subscribe here. The Dencun network upgrade is scheduled to activate on the Goerli testnet at 6:32 UTC on January 17, 2024. The upgrade includes several changes, most notably the introduction of ephemeral data blobs with EIP-4844, also known as…

Leverage trading has rapidly become a popular option for crypto traders who want to boost their returns. Trading on leverage means that you trade positions that are larger than the funds you have in your account, which increases your potential gains and risks. For those visiting NFT Droppers who are crypto leverage trading enthusiasts, this post dives deep into the top crypto leverage trading platforms in 2024. 1. Binance: The All-Rounder Crypto trading platform Binance was one of the first to introduce leverage trade and still stands tall with up to 5x on spot markets while up to 125x on…

Homepage > News > Editorial > Can vertical AI agents help truly scalable blockchains? This post is a guest contribution by George Siosi Samuels, managing director at Faiā. See how Faiā is committed to staying at the forefront of technological advancements here. Blockchain promises a future where trust is decentralized and transactions are transparent, efficient, and secure. But we saw how human politics got in the way of that progress. Now, vertical artificial intelligence (AI) agents are being hailed as the next thing to overtake the era of SaaS dominance, offering tailored, industry-specific insights that go far beyond generic AI models. Both technologies are transformative…

Pepe a token inspired by the 2000s meme “Pepe the Frog,” witnessed a strong whale selloff yesterday, Dec. 8, but the asset still continued its move upwards. Pepe (PEPE) rose to an intraday high of $0.000027 on Monday, setting a new all-time high and marking an increase of nearly 2000% since the beginning of the year, making it one of the best-performing assets. The altcoin’s market cap stood at over $11.37 billion, with the recent rally extending PEPE’s monthly gains to 157%. PEPE price and large holders net flows – Dec. 8 | Source: IntoTheBlock According to data from IntoTheBlock,…

Meme coins are gaining traction and whales are likely to push the assets further as the market cap hits a new all-time high. According to the market intelligence platform Santiment, leading meme coins show signs of “mini breakouts.” These assets see notable spikes in their social activity over the last eight days. https://twitter.com/santimentfeed/status/1865621956399153273 Large meme coin holders would likely push the prices to create FOMO (fear of missing out) among retail investors to take profits potentially, per the Santiment X post. Dogecoin (DOGE), Pepe (PEPE), dogwifhat (WIF) and Bonk (BONK) are seeing greedy signals on social platforms, with Pepe dominating…

Aptos Foundation has teamed up with SK Telecom to bring Tether’s USDT stablecoin to T wallet. Aptos Foundation is set to integrate Tether’s (USDT) stablecoin into SK Telecom’s web3 product called “T wallet” in a bid to expand access to stablecoins through a familiar platform used by millions of SK Telecom’s customers. In a Friday press release shared with crypto.news, the foundation said the integration, supported by SK Telecom’s PASS app, will enable users to access USDT on the Aptos blockchain with minimal friction, bridging traditional finance with decentralized systems. SK Telecom, the nation’s largest telecom operator, sees the partnership…

Ape’s breakout signals bullish potential, but resistance at $2.70 remains critical. Declining address activity could challenge sustained momentum despite positive on-chain and technical metrics. ApeCoin’s [APE] recent price breakout from a descending triangle pattern on the weekly chart has stirred market excitement, signaling a potential shift toward bullish momentum. At press time, ApeCoin was trading at $1.86, down 2.61% in the past 24 hours, but technical indicators suggest room for further gains.  The RSI stood at 65.94, reflecting strong momentum, while a bullish moving average crossover, where the shorter MA has surpassed the longer MA, confirms an upward trajectory. However,…

MOG is a popular meme token launched on Ethereum’s layer-1 blockchain. Since this currency is purely driven by community and internet hype, it’s very volatile and difficult to predict. However, with the recent Coinbase announcement, MOG is expected to see some major growth. On December 3, Coinbase announced that MOG would be added to its listing roadmap. Soon after that, its value increased by more than 20%, bringing its total market cap close to $1 billion. It is now ranked among one of the top 150 currencies in the industry. This is the best time to invest in MOG coins…

Current ChallengesDominance has fallen to 12.6%, a low last seen in April 2021. Its relative underperformance against Bitcoin has also been poor, shedding more than 50% in value since 2021. Spot Ether ETFs have received only lukewarm inflows compared to Bitcoin ETFs. If all that wasn’t enough, Ethereum faces fresh competition from Solana and Sui among other smart contract platforms.Reasons for OptimismDespite setbacks, Ethereum still leads in decentralized finance (DeFi) liquidity and applications. More than half of all blockchain value is locked in Ethereum’s ecosystem, including its layer-2 (L2) networks. The scalability improvements from L2 solutions like Base have shown…