Author: Yeek.io
The ETF season is in full swing, and the latest to join the race? Polkadot. 21Shares has officially filed for a Polkadot ETF with the SEC, aiming to launch it on the Cboe BZX Exchange—the same exchange that introduced the first Polkadot exchange-traded product (ETP) back in 2021. Polkadot is a blockchain network designed to connect different blockchains, making them work together more efficiently. If approved, this ETF could make investing in Polkadot easier for mainstream investors, potentially boosting adoption and demand. With institutional interest in crypto rising, this could be a massive moment for Polkadot and the altcoin market…
After a fantastic January, where it rallied nearly 10%, Bitcoin closed over $100K to produce its highest monthly close in history. Moreover, the NFP (non-farm payrolls) report, which shows the number of jobs added or lost in the US, will be released on February 7. If it turns out neutral or positive, Bitcoin will likely continue its bull run this month. However, it’s worth remembering that we’re now in February, which is generally known as super bullish for Bitcoin. For instance, three of the last four Februarys generated 44%, 12%, and 37% returns, respectively. All in all, now is a…
Amid the bearish outlook in the crypto market, on-chain data has provided a bullish outlook for the Ethereum price, which could recover soon enough. Specifically, ETH has witnessed a surge in its large transaction volume, which is a positive amid this market downturn. Ethereum’s Large Transaction Volume Explodes 206% In 24 Hours IntoTheBlock data shows that Ethereum’s large transaction volume has surged by 206% in the last 24 hours, with $10.59 billion traded during this period. This is bullish for ETH’s price as it indicates that crypto whales were accumulating during this market downtrend in which the second largest crypto…
Artificial Intelligence (AI) is revolutionizing different sectors; one of which is cryptocurrencies. As the concept of AI agents is gaining more attention by the day due to the various technological advancements, it is not shocking to see token presales that are embracing this technology find much attention from the investors and enthusiasts. These presales give the buyers opportunity to invest for exclusive stocks more especially in today’s advanced projects that merge on AI and blockchain science. Today in this article I will share with you the four most exciting AI agent token presales that can be found in the market…
Lido’s staking expansion is a boost for decentralization, while driving adoption and investor confidence Whale accumulation and rising addresses can strengthen LDO’s bullish outlook Lido DAO [LDO] has successfully broken above its descending triangle, fueling optimism among traders. This breakout is a confirmation of strong buying pressure, with price targets set around $2.80 and possibly $3.20, if momentum continues. At press time, LDO was trading at $2.29, reflecting a 6.95% hike in the last 24 hours. With resistance levels still ahead, will the bullish momentum push LDO higher, or is a correction on the charts imminent? How Lido’s permissionless staking…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A new AI-powered token is gaining attention, with some comparing its rise to PEPE. Cryptocurrency enthusiasts are buzzing with excitement as whispers circulate about a new A.I.-powered token set to mirror the explosive rise once seen with PEPE coin. With predictions suggesting potential gains as high as 30,000%, this latest entry in the crypto market is catching serious attention. As market momentum builds, eyes are fixed on what could be the next big digital asset phenomenon. Agent A.I. merges…
Ethereum (ETH) has been in a downtrend since late December, facing significant selling pressure and negative market sentiment regarding its performance this year. Despite Bitcoin and other altcoins showing signs of recovery, ETH has struggled to gain momentum, leaving investors questioning whether it will underperform this cycle. However, top analyst Carl Runefelt shared valuable insights on X, revealing that historical data suggests Ethereum tends to perform very bullishly in key phases of the market cycle. While sentiment remains bearish in the short term, Runefelt believes ETH is still poised for significant upside if it follows past market trends. The coming…
Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Pudgy Penguins 704.01 ETH 63 ethereum View 2 Azuki 353.40 ETH 97 ethereum View 3 Milady Maker 302.85 ETH 62 ethereum View 4 Lil Pudgys 276.17 ETH 247 ethereum View 5 CryptoPunks 198.00 ETH 4 ethereum View 6 Doodles 194.51 ETH 48 ethereum View 7 Bored Ape Yacht Club 163.77 ETH 13 ethereum View 8 Kaito Genesis 155.44 ETH 27 ethereum View 9 Mutant Ape Yacht Club 127.90 ETH 59 ethereum View 10 Redacted Remilio Babies 98.81 ETH 96…
As Bitcoin [BTC] and other top cryptos consolidated their dominance, altcoins have been left struggling for relevance. The chart shows a steady decline in the dominance of altcoins outside the top 10 over the years. Source: TradingView This diminishing focus on smaller tokens stems from Bitcoin’s growing reputation as a “safe haven” asset and Ethereum’s dominance in smart contract applications. Both giants have captured the lion’s share of market capitalization, leaving limited room for speculative altcoin surges. With institutional investments and increasing public trust flowing predominantly toward the top players, the days of altcoins driving market excitement might be waning.…
European Central Bank President Christine Lagarde has decreed that Bitcoin will never find its way into the vaults of an EU central bank. In a recent statement, Lagarde pointed out that Bitcoin does not possess the defining characteristics of any reserve asset-liquidity, security, or stability. She made the comment in response to a growing debate over Bitcoin’s potential role in national reserves after a proposal was made by a Czech central banker. Bitcoin Fails To Meet Reserve Asset Standards: ECB Lagarde’s rejection of Bitcoin as a reserve asset continues in light of the traditional skepticism of cryptocurrencies by the ECB.…