Author: Yeek.io
Flare, the layer-1 blockchain for non-smart contract decentralized finance, has introduced Flare Fair, a campaign initiative aimed at expanding its DeFi ecosystem. The official launch of Flare Fair comes as the broader market looks to regain momentum after a lackluster week. The native token of the Flare (FLR) network also saw an uptick following the announcement. According to details shared on Feb. 7, Flare Fair’s gamified experience is designed to advance the L1 data platform’s DeFi ecosystem. The team has outlined a suite of activities across DeFi aimed at incentivizing usage. Flare Fair brings together leading DeFi protocols on the…
Crypto trader and analyst Ali Martinez says Ethereum (ETH) is dangerously close to a major support level. Martinez tells his 123,000 followers on the social media platform X that Ethereum could plunge approximately 39% from the current level to a price of $1,700 if the support level at around $2,500 fails. ETH is worth $2,712 at time of publishing. Martinez’s chart suggests Ethereum is slightly above the lower trendline of an ascending channel pattern on the 12-hour time frame. While an ascending channel pattern is generally considered a bullish signal, a breakout below the lower trendline suggests a bearish reversal.…
On-chain data shows the Bitcoin Difficulty is set to increase by around 4% in the coming adjustment, as a result of the increase in the Hashrate. Bitcoin Mining Difficulty Will Jump On Sunday According to data from CoinWarz, the BTC network is set to increase the Difficulty in the next adjustment. The “Difficulty” here refers to a metric built into the Bitcoin blockchain that controls how hard the miners would find it to mine a block. This feature exists to constrain how much time the miners take to find the next block. Every time that the miners mine a block,…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
The crypto market is in an interesting spot right now. Bitcoin trades near record highs, but many altcoins are down 60-80%. According to most experts, the market is preparing for another upward rally, which could see alts explode. Therefore, traders making the right moves now could see substantial profits in the months ahead. With that in mind, here are four of the best cryptos to buy now. Solaxy Solaxy is building the world’s first Solana layer 2 blockchain, aiming to future-proof the network by removing its congestion issue. The network will make transacting within the Solana ecosystem cheaper, faster, and…
Homepage > News > Finance > House ‘debanking’ hearing turns to ‘crypto’ therapy session The second Congressional hearing in as many days examining the alleged ‘debanking’ of U.S. crypto operators brought us predictable talking points and one gloriously epic rant against those who insist ‘this time is different.’ On February 6, the U.S. House of Representatives examined the alleged debanking of U.S. digital asset operators, a conspiracy theory known as Operation Choke Point 2.0. It came one day after the Senate Banking Committee cravenly kowtowed to the crypto operators who spent $130 million boosting pro-crypto candidates in last year’s election,…
Dogecoin’s technical setup points to a possible $10-$20 surge soon. Analysts suggested strong support at $0.19 could lead to a parabolic price increase. Dogecoin [DOGE] analysts are forecasting an exciting future for the memecoin. Drawing from its explosive growth in past cycles, many believe Dogecoin could be gearing up for another parabolic rally. With predictions pointing towards a price surge that could push Dogecoin to as high as $10 or even $20, key technical levels such as $0.19 are being closely watched as crucial support. Dogecoin’s bullish history and momentum DOGE has consistently delivered explosive returns during major market cycles,…
Pump.Fun has made a significant deposit of $140,285 SOL worth approximately $26.6M into Kraken. Solana has been under downward pressure recently, trading around $187.87, reflecting a 1.44% decline on the 1-hour chart. In the world of cryptocurrency, big transactions can often influence market dynamics. In a recent activity, Pump.Fun has made substantial moves within the Solana [SOL] ecosystem. Pump.Fun has made a significant deposit of 140,285 SOL, worth approximately $26.6M, into Kraken. This is part of a larger strategy in 2025, where they have already moved $1,021,162 SOL, valued at $208.32M. The total earnings from Solana transactions now stand at…
Este artículo también está disponible en español. VanEck, a global investment management firm with a nearly 70-year history and a strong reputation in the exchange-traded funds (ETF) arena, has issued a striking price target for Solana (SOL). In a post shared on X on January 6, the New York-based firm projected Solana’s value to soar to $520 by the end of 2025. VanEck Predicts $520 By End Of 2025 For Solana VanEck’s thesis centers on Solana’s share within the smart contract platform (SCP) market, as well as the historical correlation between crypto market capitalization and the growth in the US.…
Este artículo también está disponible en español. Despite hovering under the $100K price level, analysts believe Bitcoin is still very much in bullish territory. Undeterred demand for $BTC at $98K also means the crypto market has remained fairly unfazed during the recent turbulence. Another factor driving optimism is the way $BTC is respecting the 100-day exponential moving average (EMA), which is steadily moving upwards. Combined with the massive support being provided by the $92,500 level and $BTC’s RSI level also looking bullish, a breakout and then a rally looks imminent. Overall, the market is very optimistic about Bitcoin’s future, which…