Author: Yeek.io

The altcoin’s price jumped 16% in the last 24 hours, driving $3 million in short position liquidations. Surprisingly, even bullish traders faced setbacks, with $2.26 million in long positions liquidated due to heightened volatility.Technical indicators, like the Average Directional Index (ADX), show a solid uptrend. The ADX remains above the key threshold of 25, suggesting the rally has strong backing. Investor optimism is fueling the trend, with market participation steadily increasing.BNB’s breakout has reignited bullish sentiment. After clearing resistance at $658, it quickly climbed to its current high. The next target is $800, a key level for traders eyeing further…

Dear Ethereum explorers, Announcements are coming one after another as we get closer to Devcon. Today we’re thrilled to announce the launch of a quadratic funding round for SEA communities by clr.fund! We see the excitement and grassroots energy in Southeast Asia growing and have witnessed the passion from local builders firsthand during our SEA tour in April. A special initiative: Quadratic funding for SEA communities 👏 Southeast Asian Ethereum communities are organizing a quadratic funding round together with clr.fund specifically for the region! The Devcon team is proud to support this initiative by contributing to the matching pool with…

The meme coin market has become a huge part of the crypto world, now valued at around $112 billion. With new Solana meme coins to buy popping up every day, it’s clear that people love the fun and hype these coins bring. Coins like Dogecoin and Shiba Inu kicked things off, but today, there are plenty of other top meme coins gaining attention. You can also join the new mem coin presale. In this guide, we’ll walk you through the best meme coins to invest in, helping you choose the right ones based on their community support, market trends, and…

Floki and the BNB chain are set to debut the meme coin launchpad GraFun. The launchpad is similar to Solana’s Pumpfun and Tron’s Sunpump. Floki will receive 40% ownership of GraFun and enjoy the same percentage of fees generated on the platform. Meanwhile, the meme coin launchpad is also backed by DWF Labs, DeXe Protocol, and Hot Protocol.Floki And BNB Chain Set To Luanch GraFunThe team announced in a blog post that they will support GraFun’s launch on the BNB chain. The launchpad will provide an easy way for anyone to create a meme coin on the Binance chain. The…

DeFi lending platform Compound raised $25 million in Series A funding on November 15, 2019, led by Andreessen Horowitz – one of the largest ever DeFi startup raises at the time.Andreessen Horowitz, also known as a16z, highlighted that they had been working with the Compound team for two years and had a strong belief in their aptitude in the field.According to Compound co-founder Robert Leshner, Polychain Capital, Paradigm Capital and Bain Capital Ventures also participated in the round, valuing the protocol at around $90 million. At the time of the investment, Compound had a little over $100 million in total value…

Dogecoin whales’ activity correlated with price spikes and volatility. Recent whale movements could signal a strategic accumulation or a pump attempt. Over the weekend, Dogecoin [DOGE] whales made a noteworthy move, collectively acquiring a massive 160 million DOGE. This significant purchase has raised eyebrows, prompting speculation about its potential impact on Dogecoin’s price. The timing and scale of these acquisitions have fueled questions: Are these whales attempting to drive short-term market movements, or are they positioning themselves for long-term gains? As Dogecoin continues to capture attention in the meme coin space, the behavior of its largest holders could offer valuable…

Image Courtesy of Reddit  This image comes from the now-defunct page for Reddit’s Community Points documentation. It should serve as a sobering warning and reminder to all projects considering launching a token in Web3. As usual, excuses abound. Regulatory uncertainty. Scalability issues. The truth is that many rewards programs suffer a valueless fate because their tokenomics have not been carefully considered. Let’s now take a closer look at what lessons can be learned from this collapse, and call upon everyone building in Web3 to take heed and remember that without a carefully implemented and sustainable tokenomics structure, you, too, will…

Former Goldman Sachs executive Raoul Pal is leaning bullish on the flagship memecoin amid the rise of XRP by more than 5x over the past 30 days. Pal tells his 1.1 million followers on the social media platform X Dogecoin (DOGE) is sporting a wedge pattern on the monthly chart and could be headed for gains that “look similar in potential magnitude” to those of XRP. A wedge pattern is characterized by converging trend lines and is considered bullish if price breaks out from above the upper trendline. “Insane banana chart.” Source: Raoul Pal/X A “Banana” chart or zone is…

Gold prices were little changed on Wednesday amid political turmoil in South Korea, while traders waited for more cues from key US economic data. At the time of writing, the February gold contract on COMEX was at $2,665.39, down 0.1% from the previous close. The job openings and labor turnover survey published by the US Bureau of Labor Statistics showed the number of job openings increased in October.  The report showed job openings in the US increased to 7.74 million in October from 7.37 million earlier. Focus on Fed policy The strong data comes ahead of the US Federal Reserve’s…

Este artículo también está disponible en español. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced another downturn in its price. Following an earlier attempt at bullish momentum last week, Ethereum has dropped by 2.4% in the past 24 hours, trading at $3,577 at the time of writing. This decline puts Ethereum at a 26.8% decrease from its all-time high of $4,878, recorded in November 2021. Despite this, the network’s daily trading volume remains quite strong, registering $42.4 billion—a significant increase from late last month when volumes dipped below $35 billion. Related Reading Chart Patterns Indicate Potential Rally While…