Author: Yeek.io

The crypto space has been rough recently with tokens like Shiba Inu (SHIB) and Ethereum (ETH) showing red price charts. Both of these altcoins are still strong thanks to bullish price predictions from analysts like Eric and Wolf. As SHIB and ETH struggle to regain momentum, a presale star is gaining mass appeal. This is DTX Exchange (DTX) – a revolutionary trading platform that could rule the online trading space. It is now in phase eight of its presale, having raised over $13M. Since early buyers have also experienced a 700% return, many experts peg this token as the next…

The Czech National Bank (CNB) is contemplating a groundbreaking shift in its investment strategy by considering the allocation of up to 5% of its reserves into Bitcoin. This potential move, led by Governor Aleš Michl, could position the CNB as the first major central bank in the West to hold digital assets.BREAKING: 🇨🇿 Czech National Bank governor says #Bitcoin “has zero correlation to bonds and is an interesting asset for a large portfolio.”“Worth considering.” 🙌 pic.twitter.com/PqwlWEbpGy— Bitcoin Magazine (@BitcoinMagazine) January 29, 2025 Key TakeawaysThe CNB may invest up to 5% of its €140 billion ($146.13 billion) reserves in Bitcoin.Governor Michl…

Wash trading on Ethereum, BNB Chain, and Coinbase’s Base hit an estimated $2.57 billion in 2024, according to analysts at Chainalysis. Nearly 5% of all tokens launched across various networks in 2024 year had patterns similar to pump-and-dump schemes, blockchain forensic firm Chainalysis claims. In a blog post on Jan. 29, the New York-based firm revealed that more than 3 million tokens were launched in 2024, with nearly 1.3 million (over 40%) listed on decentralized exchanges. Monthly number of tokens associated with pump-and-dump schemes on select blockchains | Source: Chainalysis Despite the figure, only a small fraction — just 1.7%…

Homepage > News > Business > India eyes becoming semiconductor powerhouse with new tie-ups The governments of India and Singapore have collaborated to develop the semiconductor ecosystem for advanced manufacturing. Simultaneously, India and the United States are promoting strategic semiconductor supply chain partnerships and building new collaborations around artificial intelligence (AI) and advanced computing. The partnerships come at a time when India is looking to become a semiconductor powerhouse, with Prime Minister Narendra Modi setting ambitious goals to boost the electronics sector from $155 billion to $500 billion by 2030 as part of the country’s push to become self-reliant in manufacturing. According to the Ministry of Electronics & Information Technology (MEITy), the rapid expansion targets to reduce reliance on imports. As the demand for semiconductors surges worldwide, India’s burgeoning semiconductor infrastructure is expected…

Inflows into U.S. spot Bitcoin ETFs remain weak for the second consecutive day as the Federal Open Market Committee’s decision yesterday to keep interest rates unchanged weighs on investor sentiment. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $92.09 million in inflows on Jan. 29, continuing the weak inflow trend for the second consecutive day. The majority of inflows seen on the day came from Grayscale’s mini Bitcoin Trust which drew in $106.23 million followed by Fidelity’s FBTC with $18.2 million in inflows. Meanwhile, BlackRock’s IBIT, which was close to holding $60 billion in net assets, experienced…

  On-chain metrics revealed that DOGE has witnessed a significant 360% jump in its large transaction volume. Exchanges witnessed a significant outflow of $20.65 million worth of DOGE. After experiencing a notable price decline in the past few days, Dogecoin [DOGE] appears poised for recovery. This bullish reversal signal has gained significant attention from crypto enthusiasts, leading to a surge in participation over the past 24 hours. 40% jump in large transaction volume Data from the on-chain analytics firm IntoTheBlock revealed that DOGE has witnessed a significant 40% jump in its large transaction volume over the past 24 hours. This…

DeXe skyrocketed to a multi-year high then plummeted by double digits in a single day. Surging derivatives volume and a critical support zone near $14 can determine DEXE’s next move. After witnessing a massive buying rally, DeXe [DEXE] saw an uptrend toward its three-year high near the $21 mark this week. However, the coin recently saw an over 30% single-day drop, which has sparked high volatility. As traders look to capitalize on these wild price swings, here’s what you need to know. Bulls eye the $14.5 support Source: TradingView, DEXE/USDT After failing to see a bullish break out of a…

The SEC has acknowledged Canary Capital’s Litecoin ETF filing. This could lead to the first altcoin ETF outside of Bitcoin and Ether being approved in 2025. The U.S. Securities and Exchange Commission, under Acting Chairman Mark Uyeda, has acknowledged on Jan. 29 the Litecoin (LTC) ETF filed by Canary Capital.  Bloomberg ETF analyst James Seyffart confirmed on X that the SEC is currently reviewing the 19-4b application submitted by Nasdaq. A 19b-4 filing is a formal request from a self-regulatory organization, like Nasdaq, to the SEC to request rule changes, such as listing new financial products like a crypto ETF. …

Dogecoin found support at $0.3050 and recovered some losses against the US Dollar. DOGE is now rising and might aim for more gains above $0.350. DOGE price started a decent increase above the $0.315 and $0.320 levels. The price is trading near the $0.3320 level and the 100-hourly simple moving average. There was a break above a major bearish trend line with resistance at $0.330 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.340 and $0.3480 resistance levels. Dogecoin Price Aims Higher Dogecoin price started a…

Cryptocurrencies gained on Wednesday, bucking the stock market’s decline as the Federal Reserve held interest rates steady. Bitcoin and other major digital assets advanced following comments from Fed Chair Jerome Powell, who signaled that banks can continue serving crypto customers if they effectively manage the associated risks. “Banks are perfectly able to serve crypto customers as long as they understand and can manage the risks,” Powell said. “And it’s safe and sound, as a good number of our banks that we regulate and supervise do that.” Bitcoin (BTC) and leading altcoins like Ethereum (ETH), XRP, and Solana (SOL) were trading…