Author: Yeek.io

WIF’s Open Interest (OI)-weighted funding rate stood near -0.00103%, indicating strong bearish sentiment Data revealed that 51.44% of WIF traders globally were positioned short, while 48.56% were on the long side Dogwifhat (WIF), the popular Solana-based memecoin, appeared to be struggling near a key support level after a notable upside rally. According to CoinMarketCap, while the memecoin recently saw an upside of over 75%, it failed to sustain it on the charts. In fact, it might be on the verge of a price crash now.  At press time, WIF was trading near $0.559 after having recorded a price decline of…

As the value of cryptocurrencies rises and trust in them grows, Bitcoin ATMs have become a significant link between the world of digital assets and traditional fiat money transactions. If you’re a new user or investor asking yourself what a Bitcoin ATM is, how to use a Bitcoin ATM, or how it differs from traditional ATMs, we have you covered.This guide will explain how Bitcoin ATMs work, how to use them to buy and sell Bitcoin, their fees, and whether using one is a good crypto investment strategy.What Is a Bitcoin ATM (BTM)?A Bitcoin ATM, also known as a Bitcoin…

BONK was approaching a key demand zone that could decide its next directional move. Market sentiment leaned bearish, reducing the chances of a sustainable rally. Bonk [BONK] recorded one of the major market losses in the past 24 hours, having declined by 8.67%, intensifying its past week’s loss. This movement on the chart contrasts with its overall monthly performance, where the price rose by 41%. Analysis shows that this isn’t the end of BONK’s decline. While one bullish factor remains, several bearish indicators point to further downside. Will BONK find a catalyst below? At the time of writing, BONK was…

XRP staking is a term often misused to describe earning rewards by depositing XRP on platforms like Binance, Nexo, Bybit, or Kraken. The truth is, XRP does not support staking because the XRP Ledger (XRPL) uses the Ripple Protocol Consensus Algorithm (RPCA). Instead, what is called “XRP staking” is typically a platform-based program where users lock XRP, and the platform uses it for lending, liquidity pools, or other financial activities, sharing profits as rewards.This guide will cover what XRP staking is, whether XRP supports traditional staking, how to earn passive income with your XRP tokens, and the best practices to earn…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The quick burst of bullish momentum in the crypto market in the closing weeks of April saw the Ethereum price close the month above $1,800. However, the altcoin failed to end the month in profit, making April its fourth…

  The Dogecoin capitalization discrepancy gave some insights into market sentiment. Two whale cohorts exhibited some accumulation, while other groups remained hesitant to buy. Dogecoin [DOGE] saw a 33.5% decrease in trading volume in the past 24 hours, at the time of writing. This could be a weekend effect, when trading volume tends to fall. The price was down 3% in a day as Bitcoin [BTC] saw a rejection from the $97.9k level and was down 2.4% in under two days. In a recent report, it was highlighted that the largest memecoin saw whale accumulation. A total of 100 million…

With artificial intelligence, a common challenge has persistently hampered developers: connecting intelligent language models to the tools they need to be truly useful. Enter MCP-Use, a groundbreaking open-source library developed by Pietro Zullo that solves this problem by implementing the Model Context Protocol (MCP). This innovative solution enables any language learning model (LLM) to seamlessly interact with any external tool, creating a universal plugin system that could fundamentally change how we build AI applications. The Problem MCP-Use Solves For too long, AI developers have faced a frustrating reality. While powerful LLMs like GPT-4, Claude, and Llama3 excel at generating text…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a significant update to the protocol’s long-term roadmap, Ethereum co-founder Vitalik Buterin has called for the simplification of ETH’s base protocol to make the network more efficient and resilient. How Can Ethereum Achieve Protocol Simplicity? In a May 3rd blog post titled “Simplifying the L1,” Buterin shared his perspective on the need to simplify the Ethereum network, stating that simplicity is an important—but easy to undervalue—aspect of scalability and resilience. The crypto founder went on to applaud how beautifully simple the Bitcoin blockchain is. Buterin said:…

PEPE has reached its Bollinger Band mid-range, which could trigger an upside breakout in the coming sessions. Diverging sentiment between spot and futures markets may limit PEPE’s chances of a strong rally. Pepe [PEPE] appeared to be entering a corrective phase after surging 20% over the past month. In the past week alone, PEPE dropped 8.88%, weighed down by renewed selling pressure. Market analysis shows this drop is part of a corrective phase, and the asset is likely to stage another move upward, adding to the existing bullish sentiment. PEPE could rebound to the upside PEPE has traded into the…

Cryptocurrencies are becoming more popular worldwide. Out of a global base of over 560 million crypto users, India boasts at least 103 million crypto holders, accounting for 7.23% of the country’s population. This dominance results from a combination of different factors, such as a highly tech-savvy youthful population, interest in unconventional investment opportunities, and widespread mobile internet adoption.Despite the uncertainty surrounding the state of crypto in India, digital asset adoption has grown exponentially over the past decade, with individuals, especially the young and tech-savvy ones, entering the digital space in droves. With the increase in the number of traders and…