Author: Yeek.io

A closely followed crypto analyst says the $425 billion resistance level for the altcoin market cap may soon be broken. In a new strategy session, crypto trader Rekt Capital tells his 535,600 followers on the social media platform X that the OTHERS chart, which depicts the total crypto market cap excluding the top ten coins, may soon have a massive recovery. He says that the OTHERS retracement from the $425 billion level is shallower than prior breakdowns, suggesting there is now a greater potential for the alt market cap to flip it into support. “Altcoin market cap has indeed rejected…

The Winklevoss twins are considering taking their crypto exchange and custodian company public, according to a Bloomberg report. Tyler and Cameron Winklevoss, co-founders of Gemini, are exploring an initial public offering in 2025, Bloomberg reported, citing sources familiar with the matter. The firm is currently in discussions with bankers about a potential listing, though no final decision has been made. The twins have been vocal in their support of U.S. President Donald Trump during the election cycle. His return to the White House is widely viewed as a positive development for the crypto industry. The timing of a potential IPO…

The cryptocurrency market is buzzing with renewed energy as investors and enthusiasts alike keep a close eye on the ever-evolving digital landscape.  With the political climate shifting amidst Trump’s re-entry into office, the demand for top altcoins is on the rise. While Bitcoin continues to dominate headlines, many are turning their attention to altcoins that promise faster speeds, enhanced functionality, and innovative solutions to old problems.  Existing heavyweights are still attracting attention, but new players are emerging with bold visions and potential game-changing technology. In this dynamic atmosphere, four altcoins have captured our interest – let’s take a look at…

On the chart, XRP showed the tendency for a price drop reaching $2. Spot and derivative traders are beginning to sell the asset, adding to the downward pressure it faces. The past week has been bearish for Ripple’s[XRP], with a 21.08% decline. This phase has continued in the past 24 hours, with the asset dropping another 2.45%. Based on AMBCrypto’s analysis, there’s a tendency that XRP continues to drop even further, as technical indicators and on-chain market sentiment turned bearish. Next level established on XRP Fibonacci retracement lines, a pattern used to identify potential support and resistance levels, show that…

The cryptocurrency world is abuzz with Neptune Digital Assets Corp.’s recent acquisition of a substantial chunk of Dogecoin. The publicly-traded Canadian corporation has acquired a cool 1,000,000 DOGE units, apparently unconcerned by the erratic character of the meme-coin market. This is a bold move, indicating a strong conviction for the long-term viability of a cryptocurrency sometimes written off as a passing online joke. Is this, then, a wise investment or a risky gamble? Strategic Acquisition And Future Expansion Following their strategic purchase, Neptune paid an average price of $0.37 for each DOGE token. Although the original outlay would seem high,…

Este artículo también está disponible en español. Bitcoin continued dominance has remained a defining feature of the current market cycle, with the leading crypto asset receiving most of the inflows into the market. At the time of writing, Bitcoin’s dominance over the entire market is at 60.3% after a 4% increase in the past 24 hours. Notably, crypto analyst Rekt Capital pointed to the 71% dominance level as an important threshold for crypto investors still awaiting an altcoin season. Reaching 71% Is Critical For An Altcoin Season The Bitcoin dominance chart, which tracks Bitcoin’s market capitalization in relation to the…

French electronic consumer brand METAVISIO — THOMSON Computing recently launched its first NFT collection as part of its web3 laptop initiative in partnership with io.finnet named ‘Metavisio.’The collection consisted of 1,500 collectibles sold out in under five seconds during Phase 2 of its release and quickly rose to the number one spot on OpenSea for Base. A total of 1,052 NFTs were claimed through guaranteed spots by members of popular crypto communities such as Memeland, CyberKongz, Mocaverse, and DeGods.Following the sellout, these NFTs are now trading with the floor price currently sitting at 0.0035 ETH. Source: MetavisioWhat is Metavisio?Metavisio is…

A rival of top altcoin Ethereum (ETH) is seeing a rise in price after abruptly gaining support from Binance, the world’s largest crypto exchange platform by volume. In a new announcement, Binance says it will be adding support for Berachain (BERA), an Ethereum Virtual Machine (EVM)-identical layer-1 blockchain that uses a proof-of-liquidity (PoL) consensus mechanism. “Binance is excited to announce that Berachain will be added to Binance Simple Earn, ‘Buy Crypto,’ Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures.” A PoL consensus mechanism rewards validators for providing liquidity to a blockchain’s ecosystem rather than a traditional proof-of-stake (PoS) system,…

Recently, Flashnet announced that it had raised a $4.5m seed round, led by Abstract Ventures with participation from UTXO Management and others. Follow GG on X Flashnet is a Bitcoin native DEX based on Spark (a Bitcoin L2 designed between the Flashnet team and LightSpark). It’s designed to rival the performance of a (Centralized Exchange) CEX with none of the custody. Spark enables instant and unlimited self-custodial transactions of Bitcoin and tokens while also enabling users to send and receive natively via Lightning. It’s open-sourced and secured by Bitcoin. Spark was built to address Bitcoin and Lightning’s remaining challenges, focusing on…

Este artículo también está disponible en español. An analyst has explained how Ethereum (ETH) could see its price crash to $1,700 if the support level of this technical analysis (TA) pattern fails. Ethereum Could Be In Danger Of Falling Under Ascending Channel Support In a new post on X, analyst Ali Martinez has discussed about where Ethereum could head next based on a pattern forming in its 12-hour price chart. The pattern in question is an Ascending Parallel Channel from TA, which, as its name implies, involves two parallel trendlines that are sloped upwards. Related Reading When the asset is…