Author: Yeek.io

Ethereum Classic’s price movement has turned heads with its upward momentum, gaining over 10% in a day. This surge has brought the ETC token close to its critical zone of $35, raising concerns about whether it will surpass this region or fall back. Similarly, Bitcoin Cash has also seen impressive growth, with over 32% monthly surge attributed to Bitcoin’s recent price momentum. Lunex Network, a DeFi hybrid project, is gaining quick momentum with its recent milestones during its presale. Lunex Network Outshines Competition, Hitting Over $3.5M In Presale Revenue Lunex Network has been setting new weekly records with its explosive…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin slows, Shiba Inu eyes $0.0002, but experts predict DTX Exchange may surpass it with bigger gains. When Bitcoin surges, meme coins spike. But with Bitcoin’s uptrend slowing down, Shiba Inu (SHIB) and other top crypto projects are now in the spotlights as experts debate what directions they might take. One analyst is tipping SHIB to hit the $0.0002 mark. While that would be quite impressive, the DTX Exchange (DTX) project is contending with Shiba Inu, and experts…

Key Problems in Traditional AdvertisingHigh Costs for Developers: Companies must pay significant sums to reach their audience. Without payment, access is limited.Spam-like Ads: Many advertisements fail to match user interests, leading to wasted efforts for both advertisers and viewers.Lack of Value for Users: Traditional platforms offer minimal benefits, even though users spend significant time and energy.How Web3 Protocols Are Solving These IssuesTokenized Rewards and Data OwnershipWeb3 protocols focus on delivering value to users. For example, Layer3 co-founder Brandon Kumar explains that traditional ads don’t reward users adequately for their time. Web3 platforms address this by:Offering rewards through tokens.Using user data…

In March 2024, the Ethereum network underwent a significant upgrade with the implementation of EIP-4844, an essential part of the Dencun hardfork, aimed at bolstering Ethereum’s role as a data availability layer. This upgrade introduced “blobs” of data, dramatically enhancing the scalability of Layer 2 solutions by increasing data availability by approximately 100 times. As with any major upgrade, it’s crucial to evaluate its impact, understand its implications, and refine our approach moving forward. To that end, we launched a dedicated data collection round, inviting researchers and developers to delve into the empirical impacts of EIP-4844. The response was overwhelming,…

Election prediction markets like Polymarket have long been a unique way to gauge public sentiment, providing real-time insights based on people’s willingness to put their money where their predictions are. As we saw with the recent election, platforms like Polymarket were instrumental for many observers wanting a pulse on the election as it unfolded. However, their performance wasn’t without limitations, showing the nuanced reality of prediction markets. Polymarket: Real-Time Proxies, Not Crystal Balls Polymarket’s allure lies in its dynamism. During the recent election, Polymarket offered real-time insights as vote counts rolled in, allowing users to follow shifts in sentiment almost…

Sui has partnered with Franklin Templeton Digital Assets to strengthen its ecosystem and advance blockchain-based technologies.  The partnership will support developers in the Sui (SUI) ecosystem while leveraging Franklin Templeton’s expertise in blockchain, digital assets, and investment strategies, according to a Sui post.  Franklin Templeton Digital Assets has been active in blockchain since 2018, running validators, conducting research, and creating investment strategies. Its research team applies tokenomics analysis—evaluating the supply and demand of blockchain-based tokens—to guide project development and investments. In early November, asset management firm VanEck announced the listing of its SUI exchange-traded note on Euronext Amsterdam and Paris. Sui’s…

November 6, 2024The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDRLast week Fenway presented SIP-411, to acquire Kwenta and relaunch Synthetix Exchange.Fenway believes that bringing the exchange back under the Synthetix umbrella brings the protocol closer to the end user of the product: traders.SIP-411 also creates opportunities for better branding, less dependencies on external providers, and a better product.A few other options were considered before deciding on this acquisition proposal. (see below for details)The proposed funding method is to mint a little over 9 million new SNX…

Dogecoin’s Open Interest (OI) surged by 15%, indicating traders’ belief and confidence in the memecoin Whales’ large transaction volume jumped by 41% too Dogecoin (DOGE), the world’s largest memecoin, is likely to grab the attention of whales and institutions now since it may be poised for a 28% upside rally. This positive speculation can be attributed to its strong price action, significant interest from traders and investors, and growing political support. In fact, the larger cryptocurrency market currently appears bullish, with major cryptocurrencies like Ethereum (ETH), Solana (SOL), and XRP continuing to climb north. The larger altcoin market doing well…

Google’s plan to phase out third-party cookies by 2024 means marketers will no longer be able to use the tracking methods they’ve long relied on to understand user behaviour, personalise experiences, and optimise campaigns. Acknowledging this shift, San Francisco-based Safary empowers marketers with the ability to protect user privacy while collecting only the data they need to make informed decisions. The startup has snapped $2.4 million in pre-seed funding. The round was led by Lemniscap (backed Arcade), with participation from Arca, SevenX, Big Brain Holdings, Saison Capital, Diaspora Ventures, and 20 web3 angel investors, including 14 members of the Safary…

A closely followed crypto analyst says one catalyst could send the altcoin market soaring for months. The analyst pseudonymously known as Rekt Capital tells his 100,000 YouTube subscribers that if Ethereum (ETH) breaks through a key resistance level “the next few months are going to be life-changing.” “Breaking out would enable a massive influx of money flow into smaller altcoins. And Ethereum breaking out to new all-time highs would be a major catalyst on a technical side in making all these other altcoins rally quite substantially.” According to the trader, ETH needs to break through $4,000 to ignite massive altcoin…