Author: Yeek.io
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum price will be happy to see March come to a close after posting one of its worst first-quarter performances ever. According to CoinGlass data, the price of ETH is down by nearly 50% in the last three months. While much of ETH’s struggles can be pegged to the uncertain climate of the general market, it is difficult to ignore its underwhelming performance even in the thick of the bull run. These struggles suggest the existence of deeper-lying issues with the second-most valuable crypto ecosystem. Reasoning…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. People might wonder why trust in crypto’s decentralized nature remains a challenge after so many years. While its unpredictable system may attract some risk-tolerant investors, it raises a red flag for more conservative traders. In traditional banking, if an issue arises, the typical course of action is to call customer service. After a lengthy verification process, a representative eventually assists the customer. When it comes to crypto, the experience is quite different. Firstly, there are no ‘customer…
Some commentators on X called it “sad.” Others used expletives. Either way, a video of Ethereum co-founder Vitalik Buterin went viral and not in a good way. The crypto community on X.com, rarely known for decorum, blasted Buterin for kneeling before a robot and emitting what sounds like a “meow” sound. To some, the video underscored why one needs to be “bullish” about Ethereum’s present and future. To others, it was worthy of a Studio Ghibli-style photo edit. Most people kept scrolling. See below. https://twitter.com/Philfog/status/1905634153535541262 In the brief clip, Buterin pats the robot on the head after making the unusual…
The memecoin market and Dogecoin have been inexorably bearish since December A turnaround is not in sight right now, and investors might have to wait the summer out before buying The memecoin market has been in down-only mode since December. Most of the popular memecoins, barring Dogecoin [DOGE] and Shiba Inu [SHIB], have erased most or all of their gains from the past nine months. This trend is due to the flood of memecoins in the market. Since memes depend on market hype rather than fundamentals, it has been difficult for bulls to drive gains for meme tokens. Source: DOGE/USDT…
Hyperliquid is entering Airdrop Season 2, offering plenty of opportunities for early users. While not officially confirmed by the Hyperliquid team, NFTevening suggests that Season 2 is highly likely to happen.What’s the best part? This time, you don’t need to be an experienced trader. Simply interacting with the new Hyperliquid Layer 1 ecosystem – HyperEVM – could be enough to earn points and qualify for potential rewards.Why You Should Join Hyperliquid Season 2HYPE Season 2 presents a rare opportunity for early participants to tap into a rapidly growing ecosystem with high reward potential.With 42% of the total token supply still…
SHIB’s price and active transacting wallets have dropped significantly over the last few weeks Memecoin’s exchange reserves hit a weekly high, signaling mounting selling pressure in the market Shiba Inu has recorded a steep decline in network activity over the last 24 hours, according to CryptoQuant. In fact, SHIB token transfers have fallen by up to 79.55% on the charts – Hinting at a steep fall in trading volume. Similarly, SHIB’s active transacting wallet addresses have fallen by 33.68%. For the memecoin, this could mean a lack of activity and low demand across the network. SHIB’s exchange reserves surge Despite…
A South Korean court temporarily lifted the partial business suspension on crypto exchange Upbit that had prohibited the trading platform from servicing new clients for three months. On Feb. 25, South Korea’s Financial Intelligence Unit (FIU) sanctioned the exchange, imposing a three-month ban on deposits and withdrawals for new clients. The FIU previously said the suspension was in response to Upbit’s violations of policies that prohibit exchanges from transacting with unregistered virtual asset service providers (VASPs). In response to the FIU’s sanction, Upbit’s parent company, Dunamu, filed a lawsuit against the FIU, seeking to overturn the partial suspension order. In addition, Dunamu…
Update March 27, 12:20 pm UTC: This article has been updated to add comments from San FranTokyo head David Taing and Moca Network project lead Kenneth Shek.Sony’s Soneium blockchain partnered with Animoca Brands to boost anime culture in Web3 by integrating anime artwork in decentralized digital identities. On March 27, the companies announced a collaboration that targets global anime and manga fans to boost user engagement in Web3. With the partnership, Animoca’s digital identity infrastructure platform, Moca Network, will create an identity layer on the Soneium blockchain, starting with Anime ID, a decentralized identifier and reputation layer.Anime ID is spearheaded by San…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The price of Ethereum appeared to be back on its way to recovery, reclaiming the psychological $2,000 level earlier in the week. However, the altcoin was among the crypto assets heavily impacted by the latest inflation data in the United States, returning below $2,000. This latest correction highlights the struggles of the Ethereum price over the past few months, underperforming even in the midst of a market-wide bull run. Interestingly, a prominent indicator has flashed the imminence of a bottom for the second-largest cryptocurrency. Is ETH Ready…
Ethereum has long been hailed as the go-to platform for building decentralized applications, but it’s no longer the only choice. As blockchain technology advances, developers are looking for more scalable, cost-effective, and secure solutions. BlockDAG is rapidly gaining traction as a powerful alternative. While Ethereum’s congestion issues and soaring transaction fees frustrate users, BlockDAG’s hybrid architecture (DAG + PoW) delivers unmatched transaction speed and cost efficiency. Additionally, its robust security measures and user-friendly development tools are making it the preferred option for many. As developers seek practicality and performance, BlockDAG is becoming an obvious choice. Ethereum: From Inception to Present – A…