Author: Yeek.io

In an exclusive interview with crypto.news, Mohammed AlKaff AlHashmi, talks about Indonesia’s potential as a crypto hub after receiving regulatory approval for the HAQQ’s native token from the country’s FSA. Indonesia is currently ranked as the third-highest country in terms of crypto adoption, according to Chainalysis. Less than 8% of the population is said to hold crypto, according to the latest data. Not only that, Indonesia is also currently at a transition phase when it comes to its crypto industry, with regulatory supervision being transferred to the FSA from its Commodity Futures Trading Agency. Mohammed AlKaff AlHashmi, co-founder of HAQQ…

Ethereum price started a fresh increase above $3,220. ETH is now consolidating and might eye more gains above the $3,270 resistance zone. Ethereum started a fresh increase above the $3,120 zone. The price is trading above $3,200 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it stays above the $3,200 level. Ethereum Price Recovers Ethereum price started a decent increase from the $3,020 zone, like Bitcoin. ETH was able to surpass…

Ethereum appears to be regaining momentum, showing a notable recovery after reclaiming the $3,200 level. The asset has surged over 5% in the past day, pushing its market capitalization and daily trading volume higher. This recent movement has narrowed the gap between Ethereum’s current price and its all-time high to just 33%, giving investors reasons to pay closer attention. Various analysts have weighed in on the potential implications of this price action, offering a mix of short- and long-term outlooks. Analysts Discuss Key Levels and Future Targets Elite, a well-known crypto analyst, pointed out that Ethereum’s resilience came in the…

Synthetix and Infinex are turning up the rewards for sUSD depositors. As of January 30, 2025, we’re doubling weekly rewards to 10,000 SNX and 10,000 OP, just for making a deposit.If you’ve been farming yield or just getting started, now’s the perfect time to deposit and claim your share.Earn More with Boosted RewardsStarting January 30, 2025, at 00:01 UTC, sUSD depositors on Infinex will earn:10,000 OP tokens 10,000 SNX tokensRewards accrue in real-time and are distributed weekly for the next 4 weeks. Current APR estimates are shown below:$2M in total deposits: 79.8% APR$5M in total deposits: 31.9% APR$10M in total…

Sui could rally 4.2x by the end of 2025, per VanEck projection.  Sui had strong market interest, third only to Solana and Ethereum.  Asset manager VanEck has tipped Sui [SUI] for a whopping 4x potential rally by the end of the year.  In a recent comparative analysis report between Sui and Aptos [APT], two top contenders in the smart contract platform (SCP) space, the firm stated,  “5.5% of the SCP market, corresponding to a market capitalization of $61 billion. With 3 billion tokens unlocked by January 2025, this equates to a token price of ~$16. This represents a 326% gain…

Dogecoin (DOGE) could be on the verge of an explosive price rally, as recent technical analysis reveals that the popular meme coin may be forming a distinctive Ascending Triangle pattern on its 4-hour chart. This bullish continuation pattern, combined with a rebound from an oversold Relative Strength Index (RSI), suggests that a breakout could occur anytime soon. Dogecoin Eyes Breakout As Ascending Triangle Forms An Ascending Triangle is typically seen as a bullish chart pattern, formed by a horizontal resistance line connecting swing highs and a rising trendline connecting lower lows. Interestingly, a crypto analyst, Trader Tardigrade, has identified what…

Cardano price started a fresh decline from the $1.00 zone. ADA is consolidating and might continue to move down below the $0.9350 support. ADA price started a fresh decline from the $1.00 zone. The price is trading below $0.950 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $0.950 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another decline if it trades below the $0.9350 support zone. Cardano Price Turns Red After struggling to stay above the $1.00 level, Cardano started a…

Homepage > News > Business > Blockchain gaming gained 7.4M daily active wallets in 2024: report A new report from DappRadar has highlighted the uptrend of new gamers in the play-to-earn (P2E) industry, underscored by an increase in daily Unique Active Wallets (dUAW) in 2024. dUAW climbed by 421% over 12 months to reach an all-time high of 7.4 million by the end of 2024. DappRadar analysts disclosed the metric in its Blockchain Gaming Yearly Report, delving into key industry trends in what pundits are describing as a “watershed” year for the industry. DappRadar said the industry has enjoyed sustained growth…

Legal trouble is catching up to Pump.fun. With two lawsuits in motion and fraud allegations flying, is this meme coin casino finally running out of luck? Pump.fun, a platform notorious for launching meme coins on the Solana (SOL) blockchain, is now facing a second class-action lawsuit just days after the first. The legal battle, led by Burwick Law and Wolf Popper LLP, alleges that the platform is violating U.S. securities laws by selling unregistered securities disguised as meme tokens. **LAWSUIT ALERT**Burwick Law and @WolfPopperLLP have filed a second federal class action lawsuit on behalf of investors against the PumpdotFun platform.Full…

  The Long/Short Ratio stood at 1.14, indicating strong bullish sentiment among traders. On-chain metrics revealed that exchanges have witnessed an outflow of AAVE worth $2.5 million. Aave [AAVE] appeared bullish and, based on its recent price action on the daily time frame, seems to be preparing for a massive upside rally. During the recent price drop, the asset fell to a crucial support level of $285, which has a history of strong and solid price reversals. Source: TradingView Since the beginning of December 2024, AAVE has reached this support level multiple times, each time experiencing a massive upside rally…