Author: Yeek.io

A trader known for making timely altcoin calls is revealing his true bull market price target for memecoin Dogecoin (DOGE). Pseudonymous analyst Bluntz tells his 300,100 followers on the social media platform X that he believes DOGE will go much higher than most people expect. The analyst looks at Dogecoin versus Bitcoin (DOGE/BTC) to forecast the memecoin’s potential bull market top. “DOGE/BTC from a cycle perspective is now in a monster uptrend, it did a cycle ABC lasting from 2021-2024 which drew down 90%. I would expect DOGE/BTC to hit an all-time high this cycle and a simple 1.618 extension…

As the price of Bitcoin continues to demonstrate significant upside movement over the past few weeks, there has been a notable shift in sentiment among holders and investors, leading to a substantial decrease in the balance of BTC held in crypto exchanges. Bitcoin Holders Adopting A Different Approach A recent report shows that Bitcoin’s crypto exchange balance has seen a sharp decline to its lowest level in years, coinciding with growing price momentum in the general cryptocurrency market. IC News, an informative platform identified and reported the development on the X (formerly Twitter) platform late Sunday. The decreasing exchange balance…

Este artículo también está disponible en español. A recent technical analysis on TradingView has drawn attention to the Fantom price, with a projected 18,000% increase to reach $150 by 2025. Ultra-bullish predictions are common in the crypto market, but this one is exceptionally optimistic for Fantom. The technical analysis, which dates back to the crypto’s price action in late 2020, bases the ultra-bullish prediction on historical price trends and technical patterns forming on the Fantom price chart. Anatomy Of FTM’s 18,000% Move The analyst’s prediction begins by highlighting Fantom’s significant price correction of 70% from its 2021 all-time high of…

An AI bot controlling $50,000 in crypto transferred the funds after a user successfully persuaded it to bypass its core directive: to never release the funds. A user under alias p0pular.eth successfully claimed a $50,000 crypto prize pool after convincing an artificial intelligence bot named Freysa to transfer its funds, bypassing the bot’s primary directive to never release them. The victory, observed by software engineer Jarrod Watts, came after 481 previous attempts, all of which failed to persuade the bot. Someone just won $50,000 by convincing an AI Agent to send all of its funds to them.At 9:00 PM on…

Gibraltar, Gibraltar, November 29th, 2024, Chainwire Hydration has announced the launch of its decentralized borrowing platform, the Hydration Money Market. The new platform allows users to supply cryptocurrency as collateral, earn interest on their deposits, and borrow various digital assets. Built on the Polkadot blockchain, the platform emphasizes efficiency and innovation in the decentralized finance (DeFi) ecosystem. Hydration introduces on-chain prioritized liquidations, a mechanism designed to minimize losses and prevent exploitation during liquidation events. The platform operates as a fork of the AAVE v3 protocol, offering over-collateralized borrowing capabilities and enabling users to explore advanced strategies, such as leveraging positions…

Homepage > News > Business > Japan: FSA wants to tweak rules for specific digital assets Japan‘s financial regulator is again considering tweaks to digital asset rules, taking into account the growing number of different roles and asset types. Among the new proposals are a new classification for digital asset applications that work as brokers between users and exchange platforms, as well as ideas on managing stablecoins. The Financial Services Agency (FSA) floated the ideas as part of its Financial System Council Working Group on Payment Services. The Group seeks to keep abreast of any developments in new payment technologies…

As seen with Maker and the surrounding liquidity crunch, liquidity is everything. Without it, systems crumble. As a result, we’ve seen the realized potential for permissionless DEXs like Kyber and Uniswap. The ability for anyone to tap into their respective liquidity pools has allowed for both exchanges to experience unparalleled growth in recent months as they both break new record volume amid the coronavirus outbreak. Yesterday during all the insanity Uniswap 24hr volume reached $53MI don’t feel like celebrating but I’m glad it was able to handle the massively increased load without issue. A major testament to Ethereum imoWas this the highest volume day of any DEX ever? pic.twitter.com/cv4x3m8Zyu—…

A 13-year-old boy got doxxed by crypto traders after pulling the rug on a pump.fun token he named Gen Z Quant. Traders doxxed his whole family and turned them into pump.fun tokens. The price chart of Gen Z Quant, a token belonging to a 13-year-old who rugged the original token at $30,000, November 20, 2024 | Source: DEX Screener A 13-year-old boy has been caught in the middle of one of the most random rug-pulls the crypto community has ever witnessed. On Nov. 20, the unnamed boy launched a token on pump.fun under the ticker QUANT and watched as the…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Online food deliveries are projected to grow to $1.85 trillion by 2029—and that’s good news literally for nobody, from restaurants to everyday foodies. Seriously, the web2 food delivery industry is one of the most broken things out there, a prime example of how a middleman barges in to make things harder for everyone. As it happens, this makes for a perfect use case for web3 and decentralized physical infrastructure networks, more precisely, one putting web3 at the…

XLM topped the weekly losers list but defended a key level as support.  Will the price consolidation above $0.4 extend amid whales’ lack of interest? Stellar [XLM] topped the weekly losers chart on CoinMarketCap, dumping 8% after a 173% pump the previous week. While the pullback could be a healthy retracement before another leg up, do indicators support a similar outlook?  What’s next for XLM? Source: XLM/USDT, TradingView From a weekly chart perspective, XLM defended a key resistance at $0.4 as a support. This increased the odds of the altcoin eyeing its 2021 highs of $0.79 or higher. The uptick…