Author: Yeek.io

Este artículo también está disponible en español. Crypto analyst Ali Martinez has revealed a bearish on-chain metric for Dogecoin, sparking a negative outlook for the foremost meme coin. Based on this, DOGE could be at risk of suffering further price declines.  Dogecoin’s Activity Levels Crash To 4-Month Lows In an X post, Martinez revealed that Dogecoin’s network activity has dropped to its lowest level since October 2024, with just 66 whale transactions and fewer than 60,000 active addresses daily. Bitcoinist had also recently reported that DOGE’s large transactions had dropped by 88% since the end of last year. Related Reading…

On-chain data shows Binance has facilitated withdrawals for millions worth of ETH and SOL in the past 24 hours of trading, what could this mean? According to data from Arkham Intelligence, Binance’s holdings has seen a surge in activity in the past day of trading, specifically regarding its Ethereum (ETH) and Solana (SOL) holdings. The largest crypto exchange by daily trading volume has ignited a buzz in crypto trading discourse online when users detected major activity on Binance’s hot wallet. According to on-chain data, in the past few hours Binance’s hot wallet off-loaded at least 103,570 SOL, or equal to…

In a stunning development shaking up the crypto market, Dogecoin whales offloaded a staggering 100 million DOGE, according to the Whale Alert data.  Launched in 2013 as a playful meme coin, Dogecoin (DOGE) has grown into a powerful digital asset with a large, dedicated following and a significant market capitalization. Despite its playful origins, DOGE’s price action has been marked by high volatility—often spurred by social media trends, celebrity endorsements, and speculative trading—making its market movements both unpredictable and compelling. Recent technical analysis on DOGE price action indicates that DOGE/USD is currently trading around the $0.237 level. Analysts have noted…

Crypto VC firm Foresight Ventures has committed $25 million to support early-stage blockchain initiatives on BNB Chain. Singapore-based crypto venture capital firm Foresight Ventures will invest up to $25 million in projects on BNB Chain through 2025 as part of the BNB Incubation Alliance. In a Feb. 24 press release shared with crypto.news, the firm said the initiative is aimed at boosting blockchain adoption by supporting emerging startups via BIA, an initiative which supports projects with access to resources, mentorship, and funding opportunities, including grants from BNB Chain and support from YZi Labs. “By backing projects within BIA, we aim…

OX.FUN, a hybrid perps crypto exchange backed by co-founders of the failed Three Arrows Capital hedge fund, is under scrutiny as data suggests it holds mostly its own OX token. Gamified crypto derivatives exchange OX.FUN, which lists Three Arrows Capital co-founder Su Zhu as its advisor, is firing back against accusations of its insolvency, saying in an X post that NFT artist JefeDAO is attempting “a social media campaign” in a bid to trigger a “coordinated FUD.” In an X post on Feb. 24, OX.FUN denied insolvency claims, stating that “all withdrawals are processing normally.” The exchange also accused JefeDAO…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Following CZ and Vitalik’s glistening endorsements of decentralized science (DeSci) in the last few months, the movement has been revived and is being hailed as the next great frontier in web3. DeSci promises to democratize research funding, enhance transparency, and create global open collaboration. The idea is tantalizing: a blockchain-powered transformation of the scientific process that bypasses the inefficiencies and biases of traditional, centralized funding systems. But for all its promise, DeSci today is at a perilous…

Trading volumes in the altcoin market have sharply declined, prompting leading analysts to question if the bull run has come to an end. With volume historically tied to price action, this shift signals a potential change in investor sentiment and market dynamics. The altcoin market has reached a critical juncture, with trading volumes recently dropping to levels not seen since 2021. This decline, often perceived as a sign of reduced market interest, is prompting analysts to question the future of altcoins. Since trading volume typically correlates with price action, this slowdown could indicate a shift in enthusiasm from both retail…

An altcoin season occurring in this current bull market cycle has become a heated topic in the crypto sector lately, with uncertainty observed among the majority of crypto enthusiasts. Even though altcoins have been performing significantly bearish in the past few months, recent developments in the alts market raise the possibility of an altseason as a breakout could be on the horizon. Key Cross Forms In Altcoin Market Cap After facing heightened volatility in the past few months, the altcoin market might be gearing up for a significant and promising move. Titan of Crypto, a crypto analyst and trader delving…

What Are Soulbound NFTs?Blockchain-based digital tokens known as Soulbound NFTs are immutable between owners. In contrast to traditional NFTs, SBTs are permanently locked with the player’s virtual avatar. Vitalik Buterin, a co-founder of Ethereum, is credited with coming up with the idea in order to aid in the development of reputation-based Web3 platforms.FeatureTraditional NFTsSoulbound NFTsTransferableYesNoOwnershipCan change handsPermanentUse CasesTrading, sellingAchievements, reputationValue TypeMarket-drivenPersonalHow Soulbound NFTs Work in GamingSoulbound NFTs work by being assigned to a player’s account through smart contracts. Once an SBT is issued, it remains with that account permanently. These NFTs can be used in different ways within games:Achievement Badges:…

Monday 8 July 2024 A new case study showcases the successful implementation of cross-chain Delivery versus Payment (DvP) settlement using EEA DLT Interoperability Specification The Enterprise Ethereum Alliance (EEA) today released a new case study today demonstrating a successful implementation of its Distributed Ledger Technology (DLT) Interoperability Specification. The Distributed Ledger Technologies Interoperability Case Study highlights a Delivery versus Payment (DvP) settlement process involving multiple DLT networks. Key highlights of the case study include: Successful interoperability between a private permissioned Corda network for securities management and a private permissioned Ethereum network for payments Implementation of atomic settlement as per the…