Author: Yeek.io

Este artículo también está disponible en español. Crypto analyst Merlijn has described the Bitcoin price crash to $91,000 as a major bear trap as optimism returns to the market. The flagship crypto had dropped to this level following a wave of weekend sell-offs but has since recovered above the psychological $100,000 level.  Bitcoin Price Crash To $91,000 Termed “Biggest Bear Trap” In an X post, Merlijn described the Bitcoin price crash to $91,000 as the “biggest bear trap of this cycle.” The analyst noted that this happened in the 2017 and 2021 bull runs and has now occurred in this…

According to Santiment, SHIB’s MVRV ratio is -29.35% at the moment. This means the virtual asset is changing hands below its historical purchase price, something that traders consider the right time to buy into the market. That does not necessarily mean that its price will rebound immediately.Although the bearish feeling is still dominating SHIB, its funding rate of -0.03% is relatively weak. The negative funding rate shows that short traders are paying the longs, indicating that more traders are betting on further declines in price.Adding to the anxiety, the Chaikin Money Flow indicator stands at -0.03, which points toward weak…

Ethereum is back on an upward trajectory, surging past the $2,700 mark as fears of an intensified U.S.-Mexico trade war eased following a diplomatic resolution. The second-largest cryptocurrency by market cap is up 3.7% in the past 24 hours, trading within a range of $2,541 to $2,898, according to data from CoinGekco. This rise follows an endorsement for Ethereum from Eric Trump on X, who tweeted that it’s a “great time to add $ETH”. Amid the renewed optimism, let’s explore three ERC20 tokens that could benefit from Ethereum’s momentum. Wall Street Pepe ($WEPE) Wall Street Pepe ($WEPE) is making a…

Homepage > News > Business > India plans own GenAI model as US-China rivalry deepens India is preparing to create its own generative artificial intelligence (GenAI) model, Union IT Minister Ashwini Vaishnaw announced at the Utkarsh Odisha Conclave. This will position the South Asian nation alongside global AI leaders such as ChatGPT and DeepSeek. The project will be supported by the India AI Compute Facility, which has obtained over 18,000 graphics processing unites (GPUs) to support the creation of a large language model (LLM) designed to meet the specific needs of the country. LLMs serve as the core for GenAI.…

Berachain’s mainnet is set to launch on Feb. 6, over a year after the project released its public testnet and secured over $100 million in funding. This week, an Ethereum Virtual Machine-compatible layer-1 blockchain called Berachain will roll out its mainnet for on-chain users after years of development. An X post from the Berachain Foundation confirmed the L1 mainnet is scheduled for a Feb. 6 launch. “TGE will occur at the same time as mainnet launch,” the foundation wrote, referring to the token generation event for Berachain’s ecosystem. From Feb. 5, users can also view the project’s tokenomics and check…

Analyst and trader Michaël van de Poppe is flipping bullish on digital assets following a massive crypto market correction. Van de Poppe tells his 770,900 followers on the social media platform X that altcoins have experienced a “capitulation” as crypto assets worth billions of dollars were liquidated amid the imposition of tariffs on Canada, Mexico and China by the US. On what to expect for the crypto market following the substantial correction, the widely followed analyst says, “Bear markets and trends end in these types of days. Massive, illiquid wicks to the downside. Quick bounce upwards, and rally after.” According…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As BTC consolidates near $93k, investors are eyeing BitLemons, a GambleFi project that has raised $1m to reshape the $450b gaming industry. As Bitcoin (BTC) experiences a period of consolidation following its recent pullback through $100k to find support around $93k, investors are increasingly seeking opportunities in promising utility tokens. One project catching the attention of seasoned crypto analysts is BitLemons (BLEM), which has just announced the successful completion of $1 million in seed round funding, marking a significant…

Este artículo también está disponible en español. Bitcoin (BTC) and other cryptocurrencies are experiencing renewed selling pressure as escalating trade tensions between the United States and China lead to fresh tariffs on both sides. The largest cryptocurrency dropped to as low as $91,000 on Monday, while major altcoins like Ethereum (ETH) and Solana (SOL) also faced losses. CME Bitcoin Futures Open Interest Drops 4% The most recent installment of tariffs comes after the US enacted a 10% tax on all items from China, leading China to respond with its own tariffs on certain US imports, such as oil and liquefied natural…

The recent mint of the Gigaverse ROM NFT collection on Abstract has proven to be a resounding success as all 6,900 NFTs sold out, generating approximately $1 million within just 10 minutes.Following the mint, Gigaverse also introduced a special reward for early buyers, the “Chad Cartridge” to further incentivise the community’s support.The NFTs, priced at 0.05 ETH each, quickly moved to secondary markets like zkMarkets, Magic Eden and Mintify, where the floor price now stands at 0.08 ETH. Source: GigaverseWhat is Gigaverse?Gigaverse is a web3 RPG developed by a team of crypto natives and veteran game developers at GLHFers.Gigaverse is…

SOL has surged by 5.02% over the past 24 hours. Solana could see a sustained recovery if it holds above $200. After dropping to a low of $179, Solana [SOL] has made a moderate recovery to reach $220. However, the altcoin has retraced since then. In fact, as of this writing, Solana was trading at $206. This marked a 5.02% increase on daily charts. Before these gains, SOl had been on a downward trajectory dropping by 14.12% on weekly charts. With the recent price recovery, the altcoin has left analysts talking about a possible sustained recovery. Inasmuch, popular crypto analyst…