Author: Yeek.io
The cup-and-handle pattern signaled a bullish breakout as RAY tested the crucial $8 resistance. Market indicators showed strong momentum, but RAY must hold key levels to sustain the uptrend. Raydium [RAY] has recorded an impressive 15% surge in the last 24 hours, pushing its price to $7.50, at press time. This bullish momentum follows a cup-and-handle pattern, signaling a potential breakout. However, the $8 resistance level remains a key barrier that must be broken for further gains. Therefore, traders closely monitor whether RAY can sustain this uptrend or face a rejection. RAY’s price action shows a bullish breakout setup RAY…
Bitcoin (BTC) has once again experienced a highly volatile week, dropping to a weekly low of $97,700 on Monday before quickly recovering and surging above $105K in less than three days. The sudden rebound has reignited optimism among investors, with many now anticipating a continuation of the bullish trend. Adding to the positive sentiment, the Federal Reserve’s latest meeting provided an optimistic outlook on the U.S. economy, further boosting confidence in risk assets like Bitcoin. With growing institutional demand and strong technical recovery, BTC looks well-positioned to test all-time highs once again. Recent data from Glassnode also highlights an important…
Este artículo también está disponible en español. SUI has jumped 14% in the last 24 hours amid the market recovery. The token is attempting to recover a key support level, which could set the stage for a retest of its latest all-time high (ATH). Following its recovery, an expert at VanEck has forecasted a 300% surge in SUI’s price this year. Related Reading SUI Retests Key Support Level The crypto market is moving toward a green end-of-week after a bloody Monday. The correction saw Bitcoin lose the $100,000 zone, and most cryptocurrencies significantly retrace from their January highs. Amid the…
Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Pudgy Penguins 759.90 ETH 67 ethereum View 2 Azuki 435.61 ETH 116 ethereum View 3 Lil Pudgys 356.78 ETH 306 ethereum View 4 Bored Ape Yacht Club 216.93 ETH 16 ethereum View 5 Milady Maker 189.08 ETH 38 ethereum View 6 CryptoPunks 128.49 ETH 3 ethereum View 7 Bit Bears by Berachain 122.02 ETH 18 ethereum View 8 Azuki Elementals 120.95 ETH 324 ethereum View 9 The Band Bears 91.17 ETH 8 ethereum View 10 Doodles 81.10 ETH 18…
Bitwise Asset Management’s exchange-traded product tracking Bitcoin and Ethereum has received the initial nod from the United States Securities and Exchange Commission. According to a Jan. 30 update from the commission, the Bitwise Bitcoin and Ethereum ETF cleared its first regulatory hurdle after its 19b-4 filing was granted “accelerated approval.” It now awaits the regulator’s decision on its S-1 registration, the final step before trading can commence. A 19b-4 approval allows an exchange to list and trade a new financial product, while an S-1 registration is required for issuing new securities to the public. Bitwise filed for the ETF in…
A $71 billion hedge fund warns that Trump’s support for crypto is fueling mania that could eventually end in market turmoil. Crypto is booming, but not everyone is cheering. A $70 billion hedge fund says President Donald Trump‘s support for cryptocurrencies could end in disaster. Elliott Management warns that crypto is at the center of a speculative frenzy, adding that prices have soared with “no substance” and that politicians backing crypto are playing a dangerous game. Per a Financial Times report on Jan. 30, the hedge fund warned in an investor letter that Trump’s actions endanger the crypto market as…
The Bank Board of the Czech National Bank (CNB) has approved a proposal to evaluate investing in new asset classes, including Bitcoin, as part of its international reserve management strategy. The decision came during a meeting today where the board reviewed a report on its international reserve management for 2024.JUST IN: 🇨🇿 Czech National Bank approves proposal to assess investing in additional asset classes, such as Bitcoin.Yesterday, Czech's National Bank Governor said it's "worth considering" investing in Bitcoin. pic.twitter.com/Y2QnddNMCG— Bitcoin Magazine (@BitcoinMagazine) January 30, 2025 The approval is a result of the CNB’s ongoing diversification efforts over the past two years,…
On-chain data shows the Bitcoin long-term holders have shed a significant amount of the cryptocurrency from their holdings recently. Bitcoin Long-Term Holders Have Been Realizing Notable Profits Recently In its latest weekly report, the on-chain analytics firm Glassnode has discussed about how supply has shifted between BTC short-term holders and long-term holders recently. The “short-term holders” (STHs) and “long-term holders” (LTHs) here refer to the two main divisions of the Bitcoin market done on the basis of holding time. The investors who bought their coins within the past 155 days fall in the former cohort, while those who have been…
Homepage > News > Business > Blockchain For Impact forms ties to boost India’s health tech Blockchain For Impact (BFI), a healthcare fund set up during the second wave of the COVID-19 pandemic in India, has signed a pact with CSIR-Central Drug Research Institute (CDRI) to strengthen biomedical research and drive healthcare innovation. The collaboration is under the BFI-BIOME Virtual Network Program, which aims to tackle the country’s unmet clinical needs, focusing on research in malaria, dengue, and metabolic diseases. The collaboration seeks to create new pathways for translational research that will shape the future of healthcare and revolutionize India’s public health landscape. The BFI is…
Freedx, a newly launched cryptocurrency exchange, has successfully raised $50 million in a funding round aimed at enhancing its trading platform and expanding global operations. The investment of its equity fund reflects strong investor confidence in the vision of providing a user-friendly, transparent, and efficient trading experience. The platform is designed to bridge the gap between institutional-grade trading tools and accessibility for retail traders offering advanced features such as optimized order routing, real-time analytics, and high-speed execution. Regulatory Approvals and Global Expansion: Freedx has secured regulatory compliance permissions in Panama and obtained a BTC license in El Salvador, marking key…