Author: Yeek.io
The co-founders of the crypto analytics platform Glassnode believe that Solana (SOL) may be gearing up for a massive run after being outperformed by rivals. Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,200 followers on the social media platform X that massive network activity could cause a Solana surge after the digital asset has retraced from printing a new all-time high. “The SOL always rises for everyone. If the market allows, this price zone could present a potential entry for SOL. After reaching a new all-time high, it has lagged slightly behind other layer-1s…
November 2024 will be remembered as one of the most significant months in Bitcoin’s history. With its value surging from $67,000 to just shy of $100,000, Bitcoin achieved its largest dollar growth in a single month. This performance was bolstered by record-breaking ETF inflows of $6.562 billion, institutional accumulation led by MicroStrategy’s massive acquisitions, and notable regulatory advancements worldwide. To unpack the trends, milestones, and what lies ahead, we present The Bitcoin Report – a comprehensive, free-to-download analysis for serious Bitcoin investors. 📥 Read The Bitcoin Report – November 2024 The Bitcoin Report is a 19-page free publication that contains exclusive…
Este artículo también está disponible en español. The increasing prominence of Ethereum is once again in the spotlight, as recent data indicates a substantial inflow of funds into Ether-based ETFs. These products have experienced a remarkable $133 million in net inflows over the course of seven days, indicating a significant increase in institutional interest and investor confidence. Related Reading Ethereum isn’t just optimistic about exchange-traded funds (ETFs). Analysts are making big price predictions for the cryptocurrency right now. This is because its network is being used more and more in decentralized finance (DeFi) and technical signs are showing that it…
Last week, Ethereum client, testing and research teams from around the world gathered together for a week of intense work on the Pectra network upgrade, PeerDAS and the Verge. Similarly to previous events like Edelweiss 🏔️ or Amphora 🏺, the focus of the Nyota ✨ interop was achieving multi-client interoperability across the different technical tracks. In addition to this, Nyota was preceded with a first of its kind public event: Frontiers Africa, where core devs & researchers spent the day meeting & exchanging with builders from across the region. Frontiers Africa Inspired by the impactful trips that borderless.africa organized in…
2Bitcoin, the world’s most prominent cryptocurrency, has reached a new all-time high, crossing the $100,000 mark for the first time. According to CoinMarketCap data, the milestone was achieved on Wednesday night when Bitcoin climbed to $101,103. It later peaked at $103,587 before stabilizing around $101,000.This record comes after nearly two weeks of trading just below $98,000, a period that suggested a potential plateau following the bullish momentum seen post-U.S. elections. Since election day, when Bitcoin was valued at approximately $75,600, its price has risen by more than 36%.On a broader scale, Bitcoin’s growth continues to outpace traditional asset classes. Over the past…
The EOS Network Foundation has partnered with Ceffu, Binance’s institutional custody platform, to enhance security and CeDeFi opportunities for EOS token holders. The collaboration enables institutions to store EOS cryptocurrency through Ceffu’s custody services, which include advanced security features and access to Binance’s MirrorX platform. Custody services like Ceffu play a critical role in the cryptocurrency ecosystem. They provide institutions with secure storage solutions for large digital asset holdings, offering features such as multi-party computation and customizable approval schemes. For EOS (EOS) token holders, this partnership provides enhanced asset security and opportunities to explore CeDeFi, or centralized decentralized finance, which…
A sandwich attack is a type of MEV (Maximal Extractable Value) exploit that takes advantage of pending transactions in DeFi trading. MEV refers to the maximum value that miners or validators can extract by reordering, including, or censoring transactions within a single block during block production. In DeFi, bots often exploit MEV using techniques like front-running and back-running. When both of these occur within a single block, it creates a sandwich attack where a malicious actor inserts their own transactions around a user’s trade, effectively “sandwiching” it.One of the most extreme examples comes from the infamous “jaredfromsubway,”. This well-known MEV…
BinanceUS plans to add the top Pepe-The-Frog-themed meme coin to its trading platform. BinanceUS will activate trading facilities for Pepe (PEPE), crypto’s third-largest meme coin token by market cap. The token is available on Binance’s global exchange, but its American subsidiary refrained from listing several digital assets due to regulatory uncertainty and litigation. However, policy constraints and crypto crackdowns declined after Republican Donald Trump won the Nov. 6 presidential elections. Since Trump’s victory, BinanceUS and Coinbase have listed many meme coins for U.S. crypto investors. Coinbase has onboarded Giga Chad, Turbo (TURBO), Dogwifhat (WIF), and Floki (FLOKI), to name a…
Singapore-based Astar Network and Startale Labs have entered a memorandum of understanding with Japanese telecom firm KDDI to accelerate societal adoption of blockchain technology and innovate customer experiences in the “Web3 era.” The partnership will explore new business opportunities in token technology and applications of Astar Network’s Ethereum scaling solution, the Astar zero-knowledge Ethereum Virtual Machine (zkEVM) in KDDI’s “αU” market. KDDI’s “αU” includes Web3 services such as “αU market” and “αU wallet,” which allow clients to manage and trade digital assets. With over 50 million subscribers in Japan, KDDI is a telecommunications giant serving 60 cities and 100 locations…
Solana whales are seizing the ‘dip,’ snapping up bargain-priced tokens in hopes of a major rebound. But for this comeback to happen, two key conditions need to align. Solana [SOL] surged from $157 on election day to an all-time high of $264 in just 20 trading days, breaking through the $260 ceiling and cementing itself as a standout performer in the market. This rapid ascent highlights SOL as a notable beneficiary of both external and internal trends. Externally, SOL’s rally paralleled Bitcoin’s momentum, with BTC solidifying its position as a favored asset class, driving broader market inflows and pushing Solana…