Author: Yeek.io
A widely followed crypto analyst says that three prominent altcoins including Ethereum (ETH) look primed to skyrocket. In a new strategy session, pseudonymous crypto trader Rekt Capital tells his 519,200 followers on the social media platform X that if the second-largest crypto asset by market cap can maintain a key support level at $3,650, it could rally to $4,000. “The volatile retest is playing out perfectly. In fact, the retest of the trendline as new support appears to be successful continued stability at the $3,650 region would enable a challenge into $4000 (red).” Source: Rekt Capital/X Ethereum is trading for…
On-chain data shows that Bitcoin investors’ profit-taking has observed a huge decline since last month’s top, a sign that could be positive for BTC. Bitcoin Realized Profit To Exchanges Now Down To $277 Million Per Day According to data from the on-chain analytics firm Glassnode, trader profit-taking in the Bitcoin market has cooled off significantly during the last couple of weeks. For the purpose of tracking profit-taking, the analytics firm has made use of the “Realized Profit to Exchanges” indicator. This metric, as its name suggests, measures the total amount of profit that the investors are harvesting or ‘realizing’ through…
Este artículo también está disponible en español. The biggest cryptocurrency in the world, Bitcoin is losing its hold on market supremacy, therefore changing the crypto scene. Analysts believe cryptocurrencies may soon take the spotlight as their market share drops to 55.80% and a confirmed sell signal flashes for the first time since 2020. As Bitcoin’s price battles to sustain its momentum and falls below important trendline support, this sentiment picks traction. Related Reading Bearish Signals Trigger Altseason Conjecture The relative strength index (RSI) indicating Bitcoin’s dominance is trading below its midline, therefore reinforcing negative expectations. Such situations have historically cleared…
Devcon has always been a living reflection of Ethereum’s growth, challenges, and community ambitions. It showcases the most pressing topics, the newest innovations, and the people building the future of decentralized technology. As Ethereum grows, so too does Devcon. Two years ago, right before Devcon VI in Bogotá, the Merge took Ethereum’s consensus from proof of work to proof of stake. Devcon VI focused not only on the achievement of this milestone, but also on the next innovations: early Layer-2 development, the introduction of Account Abstraction (AA), and the rise of zero knowledge proofs (ZKPs) as an expansion of Ethereum.…
24Non-fungible tokens (NFTs) recorded a weekly sales volume of $181 million, driven largely by gains in Bitcoin and other cryptocurrencies. Data from CryptoSlam on November 17 revealed a 94% increase in weekly sales compared to the previous week, which stood at approximately $93 million. Ethereum NFTs led the charts with over $70 million in sales, followed by Bitcoin with more than $60 million. Other blockchains, including Solana, Mythos, Immutable, and Polygon, collectively contributed around $45 million.Prominent collections driving the surge included Pudgy Penguins, Milady Maker, CryptoPunks, Azuki, and Guild of Guardians Heroes. Among significant sales, a Bitcoin-based Ordinal Maxi Biz (OMB) sold for…
Fireblocks, an enterprise-ready digital assets platform, has expanded its suite of decentralized finance capabilities, introducing support for token swaps and an allowance manager. The Fireblocks team shared the new development on Dec. 4, noting that the DeFi expansion comes amid a significant spike in activity on its platform over the past year. Fireblocks chief product officer Idan Ofrat unveiled the two DeFi capabilities during SPARK, the company’s annual user conference. Token swaps and the allowance manager bring key safeguards for projects looking to enhance customer security as they interact with top DeFi applications, including Aave (AAVE) and Uniswap (UNI). With…
Managing assets across multiple wallets and blockchains can quickly become overwhelming in the fast-evolving world of crypto. Whether you’re an investor, trader, or DeFi enthusiast, you likely hold assets across various chains, platforms, and wallets. This is where effective crypto wallet tracking becomes essential. In this guide, we’ll explore how to track multiple crypto addresses using De.Fi, the best tools and features available, and why De.Fi stands out as the ultimate solution for managing a cross-chain portfolio. What is Wallet Address Tracking? Wallet address tracking is the process of monitoring and managing digital assets held in one or more wallets.…
Siba Inu saw a spike in network growth. SHIB has seen consecutive declines since then. Shiba Inu [SHIB] has witnessed a notable increase in network growth, sparking discussions about its impact on the token’s price trajectory. With metrics such as daily active addresses, transaction volume, and price movement painting a compelling picture, what could this recent activity mean for SHIB? Explosive network growth and active participation Analysis showed a notable spike in Shiba Inu’s new wallet addresses. The data showed that the network recorded over 7,600 new addresses, indicating a significant influx of new participants. This growth is often associated…
Table of Contents: Summary of Artificial Intelligence Key Takeaways from Artificial Intelligence How to Apply Concepts from the Book in Real-World Scenarios Artificial Intelligence has transformed from being a niche research area into a revolutionary driving force for innovation in many industries. For an in-depth exposition of the theoretical and practical lessons of AI, there is nothing better than Artificial Intelligence: A Modern Approach by Stuart Russell and Peter Norvig. This book has already become a touchstone in artificial intelligence education it combines the basics with some of the most state-of-the-art developments. In this blog post, we will explore the…
DOGE could rally 23x if the historical pattern repeats, per analysts. Whales were buying DOGE again despite the November run-up. The memecoin segment, led by Dogecoin [DOGE], has been consolidating after a wild run in November. However, some analysts believe the dog-themed memecoin could front a 23x extra pump to $10 next year. One of the analysts, Trader Tardigrade, projected that DOGE could soar above $10 if historical patterns play out. Source: X DOGE 2025 price targets Tardigrade isn’t the first to make a bold $10 price projection for DOGE. In October, a renowned crypto analyst, Ali Martinez, made a…