Author: Yeek.io
Este artículo también está disponible en español. As February began, crypto investors found themselves inside a turbulent market after the digital asset space went crashing down, leading to more than $2 billion in crypto liquidations and Bitcoin price plunged near the $90,000 mark. Related Reading Analysts attributed the current turmoil in the cryptocurrency sector to the new tariffs imposed by President Donald Trump on Canada, Mexico, and China, raising questions on what would be the long-term impact of the tariffs on digital currencies. $2 Billion In Crypto Liquidations Trump said in a statement that the US is eyeing to implement…
Ethereum ($ETH)Ethereum is not leaving the field of view of investors. So far, Ethereum hasn’t gone into a complete breakout, and when it will, it is expected to start setting new highs. Currently trading at around $3,200, analysts suggest it could balloon as high as $10,000 in coming months. This would be an over 3x increase from present levels.One key indicator is institutional buying. World Liberty Financial (WLFI) has been purchasing large amounts of $ETH. In just two days, WLFI bought $20 million worth of Ethereum, even while holding an unrealized loss of nearly $16 million. This kind of accumulation…
Ethereum price crashed to a key support level on Monday, increasing the risk of further downside after invalidating a crucial bullish chart pattern. Ethereum (ETH) dropped to a low of $2,146, its lowest level since August last year. It has declined by approximately 40% from its December high. Ethereum price invalidates inverse H&S pattern The weekly chart shows that Ethereum has formed two distinct patterns in recent months. First, it developed a triple-top formation around the $4,000 level, struggling to break above that point since March last year. A triple-top is a well-known bearish signal, often leading to further losses…
Quick take: The fundraising also attracted participation from Karatage, Amber, and Bitscale. The fundraising brings the total raised to $15 million GOAT said in a press release shared with NFTgators. The fundraising comes ahead of the upcoming launch of the game’s $GG token on February 6, which will be distributed to the early supporters of the GOAT gaming AI agent. GOAT Gaming has raised $4 million in a strategic funding round backed by TON Ventures, Karatage, Amber, and Bitscale participating. The fundraising brings the total raised to $15 million, GOAT told NFTgators in a press release on Monday. According to…
Homepage > News > Business > BTC maxi meltdown as Trump pushes for digital asset stockpile BTC maximalists took to social media this past week to whine about the Trump Executive Order exploring the creation of a digital assets stockpile. Leaving aside for a moment that there’s no good reason for a government to create a stockpile of essentially worthless digital assets, BTC maximalists bemoaned that the long-awaited reserve would seemingly include coins other than their beloved BTC. While some, like MicroStrategy’s (NASDAQ: MSTR) Michael Saylor, seemed to embrace the idea, saying, “The Crypto Renaissance has officially begun,” on X.com,…
In Q4 2024, Mantle TVL surged 354% year over year, as mETH became the fourth-largest Ethereum liquid staking token. According to the State of Mantle Q4 2024 report by Messari, Mantle Network experienced significant growth, with its total value locked surging by approximately 354% year-over-year and 36% quarter-over-quarter. According to Messari, this surge was largely driven by the expanding user base and heightened activity throughout the ecosystem, especially its DeFi sector. Source: Messari Report State of Mantle Q4 2024 Moreover, mETH emerged as a dominant player in Ethereum liquid staking within its first year, reaching a peak TVL of approximately…
FLOKI investors can wait for a consolidation before looking to buy. The nearby liquidity cluster at $0.000086 could see another price dip. FLOKI [FLOKI] has fallen 58% since the early January highs at $0.000201. The A/D indicator noted persistent selling pressure alongside the price losses, making a quick recovery unlikely. The altcoin market shed 27.5% of its market cap in the past two days but has seen a bounce from the local lows. FLOKI to consolidate around $0.000083? Source: FLOKI/USDT on TradingView The memecoin could not test the highs it made in March and had receded from the $0.00028 resistance…
ETH whales exited before the market crash, while those in leveraged short positions are in huge profits. The crash finally led Ethereum into the lower logarithmic regression trendline, a potential buy zone. In the lead-up to the recent Ethereum [ETH] market crash, savvy whales made strategic moves to exit their positions, securing substantial profits. A notable Ethereum whale, dormant for six years, transferred 77,736 ETH, valued at $228.6M, to Bitfinex. This wallet had initially withdrawn the same amount for just $11.9M in January 2019, when ETH was priced at $153 per token. Additionally, machibigbrother.eth impeccably timed the market by depositing…
Bybit CEO Ben Zhou has suggested that the ongoing crypto market liquidation event may be significantly larger than widely reported. According to CoinGlass data, over $2 billion in digital liquidations in 24 hours on Monday, Feb. 3, marking the single largest liquidation event in crypto history. Several analysts estimated liquidations exceeded $2.2 billion, surpassing the COVID crash and FTX collapse, two of the most significant liquidation events ever recorded. Yet, Zhou said the numbers may be underreported due to API limits. According to Bybit’s co-founder, the crypto exchange limits how much data is pushed to aggregators like CoinGlass. Other platforms…
Este artículo también está disponible en español. The entire cryptocurrency market has experienced a steep decline over the past 24 hours, with its total market cap plunging by double digits following a barrage of volatile price swings. Unsurprisingly, this sharp downturn has led to widespread liquidations among multiple assets within the past trading day. Notably, this wave of liquidations has led to over $2.22222 billion being wiped from cryptocurrencies in the past 24 hours. According to Coinglass data, Dogecoin traders have witnessed significant losses, with numbers placing the meme coin among the hardest-hit assets in this liquidation event. Dogecoin Traders…