Author: Yeek.io
Data shows Ethereum has recently observed its highest exchange net outflows in around two years, something that can be bullish for the ETH price. Ethereum Exchange Flow Balance Has Seen A Deep Red Spike Recently According to data from the on-chain analytics firm Santiment, investors have been withdrawing ETH from exchanges recently. The indicator of relevance here is the “Exchange Flow Balance,” which keeps track of the net amount of Ethereum that’s entering into or exiting out of the wallets associated with all centralized exchanges. When the value of the metric is positive, it means the exchange inflows are outweighing…
CZ says that the crypto sphere ‘needs more dApps’ rather than new chains in response to a post highlighting how new chains struggle. Former Binance CEO Changpeng “CZ” Zhao emphasized the need for crypto industry builders to focus more on developing decentralized applications or dApps, rather than creating new blockchain networks. “Need more dapps instead of chains,” wrote CZ in a recent post. CZ’s comment was made in response to a statistic shared by a Messari researcher @defi_monk which spotlights how new blockchains are experiencing a decline after their respective Token Generation Events. According to data from Messari, Starknet (STRK)’s…
B3 rallied over 267% over the past day following its day-one listing on multiple exchanges. According to data from CoinGecko, B3’s token, with the same ticker, surged to an intraday high of $0.018 on Feb. 12 before settling at $0.0145 per coin, still holding gains of 176% at press time. Since the token became available for trading on Monday, its total gains have extended to roughly 300%. Over the past 24 hours, B3’s market cap surged by 168%, reaching approximately $301 million, indicating a sharp increase in trading activity. Most of this trading activity for the altcoin occurred on Coinbase,…
The GMCI data suggests that the meme coin rally has cooled off, though meme coins still have a strong lead over Bitcoin and Ethereum. The GMCI Meme Index, which tracks the leading meme coins by market capitalization, is down by approximately 60% since its Dec. highs. Despite this decline, GMCI meme (730 points) still maintains a strong lead over Bitcoin (BTC), currently sitting at 451 points, and Ethereum (ETH) at 199 points. The GMCI 30 Index, which represents a selection of the top 30 crypto assets, is at 287. Source: GMCI Meme The GMCI Meme Index began its rapid ascent…
Journalist Posted: February 12, 2025 WLD consolidated near $1.32, with traders eyeing a breakout toward $1.84 or a drop to $0.90. Technical indicators show indecision as bulls and bears battle, keeping WLD’s next move uncertain. Worldcoin [WLD] was in a tight consolidation phase, with its next move likely to dictate short-term market sentiment. The price was testing the $1.32 resistance level, and a breakout could push it toward $1.84, while failure to hold support might send it down to $0.90. Over the past 24 hours, WLD gained 3.90%, and its weekly performance increased by 4.78%, at press time. The price…
According to a recent report by Bitfinex, Bitcoin (BTC) remains range-bound between $91,000 and $102,000 amid heightened geopolitical uncertainty fuelled by US trade tariffs on countries such as Canada, China, and Mexico. The report highlights that latest trends suggest BTC is increasingly behaving like a risk-on asset rather than a traditional store of value. Bitcoin Behaving Like A Risk-On Asset BTC has been in a consolidation phase for over 75 days, hovering around the mid-$90,000 range after tumbling from a new all-time high (ATH) of $108,786, recorded on January 20. At the time of writing, BTC’s total market capitalization is…
3Payment companies Klarna and Stripe are making moves to integrate cryptocurrency into their services.Klarna Considers Crypto Ahead of IPO Klarna CEO Sebastian Siemiatkowski announced the company’s interest in cryptocurrency through a post on X, stating, “Klarna and me will embrace crypto!” He added, “Last large fintech in the world to embrace it. Someone had to be last.” Siemiatkowski asked the X community and crypto fans for input on how the company should approach its crypto strategy. The announcement comes as Klarna prepares for its initial public offering (IPO) in April. Klarna, a major “buy now, pay later” provider, has over 85 million users,…
Homepage > News > Business > ‘Crypto-stealing’ malware targets seed phrases: report A new malware that’s hiding in software development kits on both Android and iOS apps is targeting digital asset users and wiping their wallets, a new report from Kaspersky reveals. Dubbed “SparkCat,” the new malware was found on dozens of applications on the App Store and Google (NASDAQ: GOOGL) Play Store. On the latter, users had downloaded the infected apps over 242,000 times over the past year. It was the first instance such a stealer had been discovered on the Apple (NASDAQ: AAPL) App Store, debunking the myth…
Journalist Posted: February 12, 2025 SHIB was consolidating, with a rebound likely once the market recovers. Is this the perfect time to buy the dip? Two major whale cohorts have dumped trillions of Shiba Inu [SHIB] coins since its post-election peak of $0.00003343, triggering a sharp 53% decline. With SHIB losing its critical support level, more than half of its holders are now in the red. However, there’s a silver lining. This chart is flashing a strong buy signal. But will the bulls step in, or is SHIB heading back to pre-election levels? SHIB is at a crucial juncture SHIB…
DeepSeek has gained recognition in the AI community with its latest models, DeepSeek R1, DeepSeek V3, and DeepSeek R1-Zero. Each model offers unique capabilities and is designed to address different AI applications. DeepSeek R1 specializes in advanced reasoning tasks, employing reinforcement learning to improve logical problem-solving skills. Meanwhile, DeepSeek V3 is a scalable natural language processing (NLP) model, leveraging a Mixture-of-Experts (MoE) architecture to manage diverse tasks efficiently. On the other hand, DeepSeek R1-Zero takes a novel approach by relying entirely on reinforcement learning without supervised fine-tuning. This guide provides a detailed comparison of these models, exploring their architectures, training…