Author: Yeek.io

Historical patterns using Bitcoin Dominance in the past cycle now suggest that the altcoin rally phase has passed. Additional analysis shows that only 32% of altcoins are in profit; however, some buying opportunities could be ahead. The broader crypto market has underperformed recently. Since reaching a market capitalization of $3.73 trillion on the 16th of December, it has dropped $500 billion to $3.23 trillion. Altcoins have taken the biggest hit, while Bitcoin[BTC] remained relatively stable. In the past 24 hours, market activity hasn’t slowed. Trading Volume dropped by 32.39% to $120.09 billion, and Bitcoin Dominance hit 60.30%. AMBCrypto found that market…

Follow Frank on X. Over the course of the last week, we’ve seen reports of massive bitcoin liquidations.For those unfamiliar with the term “liquidation” as it applies to finance, it refers to when a trader is forced to close a leveraged trade because the margin for the trade has been depleted.In everyday pleb terms, it’s when someone borrows money to bet on the direction of the price of bitcoin and they get it wrong, resulting in their losing the money they put up for the trade (or more, in some cases).When it comes to trading bitcoin with leverage, I keep…

Este artículo también está disponible en español. After a year of explosive price growth, the Solana based meme coin, BONK, has wiped out all of its 2024 gains, retracing approximately 76% from its peak. Despite this dramatic decline, a crypto analyst has suggested that this dip could be a strategic buying opportunity for investors rather than a cause for concern.  Solana‘s BONK Retraces 2024 Gains The broader meme coin market has been experiencing a severe downturn, driven by the volatility and market changes caused by the recent Bitcoin price decline. Following United States (US) President Donald Trump’s trade war, meme…

Web3 battle royale OverTrip have added a major update with the introduction of its Deathmatch mode, allowing players to engage in non-stop combat without the usual downtime.Unlike the traditional Battle Royale mode, where players compete for the last spot, the new Deathmatch mode ensures a continuous, action-packed experience by enabling instant respawns after death.As players rack up kills, they are rewarded with $TRIP tokens as incentives. Source: OverTripWhat is OverTrip?Launched in December 2024 on the Epic Games Store, OverTrip is a third-person competitive shooter developed by GGXYZ Gaming Studio.In the game, players participate in fast-paced combat, where they can wager…

Kite AI has launched the first AI-focused Layer 1 blockchain on Avalanche, creating a decentralized environment for AI models, tools, and data. The testnet on Avalanche (AVAX) aims to improve AI development by addressing blockchain scalability and efficiency challenges, according to a note shared with crypto.news. The platform introduces Proof of Attributed Intelligence, a consensus mechanism that tracks and rewards AI contributions. This system ensures transparency and incentivizes data providers, model builders, and AI agents. Kite AI also features a decentralized data access engine, a composable AI ecosystem with customizable subnets, and decentralized AI memory for long-term attribution. Improved AI…

Thousands of crypto tokens are launched each year. But what happens to most of them?  You would be surprised to know that 50% of all cryptocurrencies launched have either died, failed, or been deemed ‘malicious.’ Chainalysis data reveals that over 3 million tokens were launched in 2024. Only 40% were listed on DEXs; of those, 1.7% are still being traded. Owing to the ease of deploying tokens and the rise of memecoins, all kinds of scams, rug pulls, and abandoned projects have snatched the hard-earned money of investors in the past year.  Despite blockchain being a transparent and trustless ledger…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A student turned $577 into $70k with Pepe coin and now seeks the next big altcoin to replicate that success. Pepe coin initially sold for a shockingly low $0.00000000019. Few could have foreseen the astronomical value increase that would climax at $0.000004353 in 2023. During this price surge, a college student spent $577 on Pepe coin for fun. Their first investment exploded to an amazing $70,000 in value; thus, the gamble paid off to their wonder.  This success narrative…

Este artículo también está disponible en español. A new analysis by crypto strategist Ali Martinez suggests that Cardano (ADA) might be on the cusp of a significant upward move—potentially reaching the $15 price mark, which would represent a staggering 1,850% rally from current levels near $0.76. “If historical data is any guide, Cardano could be at the very beginning of a monster parabolic rally!” Martinez writes via X. Cardano Fractal Analysis Points To Major Upside Martinez’s chart (published on the 3-day timeframe) draws a parallel between Cardano’s price action in the 2018–2021 cycle and its present structure, highlighting a near-identical…

Quick take: The announcement also coincides with Berachain’s token generation event. Berachain is building an EVM-identical Layer 1 blockchain to compete with Ethereum and Solana. Bitrue will also support developers on Berachain through extensive marketing support, AMAs, and events. Bitrue exchange platform has announced its comprehensive support for the Berachain ecosystem. The announcement comes ahead of Berachain’s awaited mainnet launch and the $BERA token listing across crypto exchange platforms. Bitrue will list Berachain’s native token, which will begin trading at 13:00 UTC on February 6. The announcement also coincides with Berachain’s token generation event, with 15.8% of its total 500…

In a strategic alliance, Sui, a Layer-1 blockchain network, partnered with Libre Capital, a financial instrument tokenization leader. The collaboration focuses on allowing the community to invest in a diverse array of top-performing on-chain funds, including hedge funds, private credit funds, and money market funds. Despite the crucial development within the ecosystem, the SUI price is entangled in a bearish trend. However, anticipation is building that the SUI token is gearing up for a significant uptrend following the launch of Libre Gateway. Sui Partners Libre Capital for Tokenized Funds According to an official announcement, Sui announced the launch of Libre…