Author: Yeek.io

Sonic Labs, previously known as Fantom Opera Network, announced that the coming up layer-1 blockchain that they started to develop will go live shortly. Sonic Labs has confirmed that the developing blockchain, named Sonic Chain, has already achieved the genesis step, which indicates that the first block of the transaction was completed a few hours ago. It is an important milestone in becoming the foundational framework of blockchain. The company also mentioned that the infrastructure, including scalability and security, is being deployed to support the network’s operations. Although the release date has not been announced yet, the market has anticipated…

Cryptocurrency trading has become a popular investment avenue, attracting both novice and seasoned traders. With the dynamic nature of the crypto market, various trading strategies have emerged, two of the most prominent being day trading and swing trading. Understanding the nuances of each can significantly impact your trading success, particularly in a market known for its volatility.  Understanding Day Trading Day trading involves executing multiple trades within a single day, to capitalize on short-term price movements. Traders typically open and close their positions within the same day, aiming to profit from fluctuations in cryptocurrency prices. One of the defining features…

Peanut the Squirrel, the viral meme coin, has been featured on Coinbase’s 15-second Apple Pay tutorial video, leading to speculations that a PNUT Coinbase listing might be on the horizon. In the final seconds of the video, the iPhone screen showcases the meme coin Peanut the Squirrel(PNUT), a token that is currently unavailable on Coinbase listings. Yet on the exchange’s new Apply Pay tutorial, the token is featured as number one on its trending list and placed under the spotlight tag. Moreover, the last clip in the tutorial reveals a PNUT price page with its glowing green chart hiking upwards.…

The first Infinity CUBE unlocks today. Are you ready? Each Infinity CUBE enables an additional airdrop allocation at TGE for holders. Discover key ecosystems to unlock the prized Mind CUBE: Chains: Arbitrum, zkSync, OP Mainnet, BNB Mainnet, & Base. Dapps: Radiant Capital, Koi Finance, Trader Joe, Bungee, PancakeSwap, Uniswap, & GMX. Mint all three Infinity CUBEs to fully optimize for L3 Airdrop 2 + a $500K USDC reward pool. Collect the Infinity CUBEs By collecting CUBEs, you can unlock rewards for the hottest memecoins on Base and other upcoming chains: Over time, our multichain credentials will enable access to an…

As we approach the end of Q4, the competition between Ethereum ETFs and Bitcoin ETFs have intensified as weekly investment cycles reveal shifting investor preferences. Ethereum ETFs are gaining momentum with inflows while Bitcoin ETFs maintain dominance as they remain a benchmark for investors. Amid this backdrop, DTX Exchange records $8.8 million in fresh inflows. This new addition has shaken things up in the crypto market, raising questions about which asset will outpace the Bitcoin price. BTC Price Bolsters As Institution Demand Grows Bitcoin (BTC) currently trades near $97,100, as excitement around Bitcoin ETFs sustains bullish momentum. Over the past…

TRON’s market value reached a new all-time high as the whale accumulation strengthened. TRON (TRX) rose by 16% in the past 24 hours and is trading at $0.236 at the time of writing. Its market cap surged to an ATH of $20.4 billion as the broader crypto market gained upward momentum. Source: crypto.news TRX’s daily trading volume also doubled to $2.3 billion. The TRON price rally comes amid increased whale activity around the asset. According to data provided by IntoTheBlock, large transactions consisting of at least $100,000 worth of TRX rose from 244 to 722 on Monday, Dec. 2. Source:…

The number of disclosed deals also fell, with just 90 rounds reported in November, down 9% from October’s 99. Despite a bullish market for crypto asset valuations, investor confidence in startups appeared to wane. Notably, November lacked the large-scale deals seen in earlier months, with no individual round exceeding $50 million. Key Players in a Struggling MarketStablecoin issuer usdx.money led the pack, raising $45 million in a round that valued the firm at $275 million. Key backers included NGC, BAI Capital, and Generative Ventures. The funds will support ecosystem development, according to the company.Zero Gravity Labs (0G Labs), an AI-focused blockchain…

Spot Bitcoin exchange-traded funds in the United States recorded their fourth consecutive day of inflows on Dec. 2, with $353.67 million flowing into the funds. According to data from SoSoValue, BlackRock’s IBIT fund led the charge, recording a massive $338.33 million in inflows. Fidelity’s FBTC and ARK’s ARKB funds contributed to the trend with inflows of $25.14 million and $17.24 million, respectively. More modest contributions came from Grayscale Bitcoin Mini Trust, which recorded $6.36 million in inflows, and Franklin Templeton’s EZBC, which saw $5.56 million flow into the fund. However, these gains were partially offset by significant outflows from Grayscale’s…

So, you probably heard the word “cryptocurrency” all over the internet, right? It’s kinda a big market now, and according to CMC, the whole cryptocurrency market is worth about $2.8 trillion. But, what is cryptocurrency, really? Why is everyone talking about it like it’s the next big thing in money?In this guide, you’ll learn what makes cryptocurrency different, how it works, and how to buy and sell these crypto assets on cryptocurrency exchanges.Key Takeaways:Cryptocurrency is a digital or virtual currency that uses cryptography for security, making it decentralized and difficult to counterfeit.There are various types of cryptocurrency, including Bitcoin, Ethereum,…

The latest MENA Web3 hackathon, Web3 Unleashed hosted by cryptocurrency exchange, Bybit in partnership with DMCC (Dubai Multi Commodities Centre) Crypto Centre, has concluded, celebrating the transformative power of blockchain technology. Blockchain technology can be used across various industries and looking to prove just this, 15 project teams presented their ideas to a panel of Web3 experts and prominent figures from the crypto industry. Presented in front of a live audience and over 30,000 people tuning in online, five standout projects at Web3 Unleashed included:KelpMeKELP (Key-Loss Protection) is a blockchain-based solution designed to address the loss of private keys and misdirected…