Author: Yeek.io

Following a series of discussions with a diverse group of US investors, analysts at Bernstein have noted a notable observation: various market participants are increasingly convinced that “crypto is back.” This renewed enthusiasm comes on the heels of a political shift under the Trump administration, which has sparked growing curiosity about the potential implications for digital assets. According to Bernstein’s team, led by Gautam Chhugani, this optimism is not yet accompanied by a detailed understanding of the emerging regulatory space, but it’s clear that investors are preparing for increased involvement. Regulatory Developments And Institutional Interest Bernstein highlighted a broad spectrum…

Este artículo también está disponible en español. Ethereum price struggled to continue higher above $3,220 and dipped. ETH is now consolidating losses and might face resistance near the $3,200 zone. Ethereum started a fresh decline below the $3,150 zone. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another decline if it stays below the $3,220 level. Ethereum Price Dips Again Ethereum price started a fresh decline below the $3,250 and…

Homepage > News > Business > NFTs had their worst year since 2020 as DeFi peaked: report Non-fungible tokens (NFTs) had yet another unimpressive year in 2024, with trading volume and sales hitting their lowest numbers in four years, a new report by DappRadar has revealed. NFTs started the year on a high, boosted by the Q1 bull rally that was sparked by the approval of BTC spot ETFs in the U.S., hitting $5.3 billion in trading volume. However, the momentum was short-lived; by Q3, it had dropped to $1.6 billion, as the DappRadar 2024 Industry Report shows. A Q4…

Ethereum’s exchange reserves remain at historic lows, potentially signaling a supply-driven price increase. The prolonged low reserves could lead to upward price pressure in the near term. Ethereum [ETH] appears to still be lagging behind despite the broader crypto market bullish sentiment. While Bitcoin [BTC] created yet again another all-time high, last week, ETH continues to still struggle to break past major resistance. However, at the time of writing the asset is up 4% in the past day with a press time trading price of $3,195. Amid all of these, one significant factor influencing Ethereum’s price movements is the reserve…

Este artículo también está disponible en español. Yesterday, the NASDAQ slid 3% as China’s low-cost AI model, DeepSeek, sent shockwaves through the tech industry, triggering a steep sell-off in US chipmakers. While Bitcoin (BTC) also dipped to a low of $97,777, the flagship cryptocurrency has since recovered most of its losses, trading above the key $100,000 price level. Bitcoin Holding Strong Despite NASDAQ Sell-Off Bitcoin’s resiliency amid the stock market sell-off is ‘extremely bullish’, says Bitwise’s European Head of Research, Andre Dragosch. They highlighted that the leading digital asset has outperformed NASDAQ over the past two days and is currently…

Solana started a fresh decline below the $250 support. SOL price is consolidating and might face resistance near the $235 and $242 levels. SOL price started a fresh decline below the $250 and $240 levels against the US Dollar. The price is now trading below $240 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $235 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $242 zone. Solana Price Dips Below $250 Solana price struggled to clear…

Ethereum (ETH) has had a turbulent week, with the price dipping to tag the critical $3,000 support level before recovering to current levels around $3,200. This sharp drop sparked fear among investors, as doubts about Ethereum’s performance for this cycle intensified. Many began questioning whether ETH could regain its momentum amid the broader market’s volatility. However, key on-chain metrics suggest that not all investors share this skepticism. Data reveals that major players are still accumulating ETH despite recent price action. In the past 24 hours alone, 13 new mega whales—wallets holding over 10,000 ETH each—have joined the network. This signals…

Homepage > News > Business > China’s digitalization bears fruit with ASEAN recognition As emerging technologies teeter toward mainstream status, a new report has revealed that Beijing has the talent to match adoption levels with its 2.1 million professionals in high-end industries. According to a report, the 2.1 million professionals comprise 26.2% of the city’s workforce, rising steadily since 2020 and showing no signs of plateauing. The report is a brainchild of the Beijing Municipal Human Resources Research Center in collaboration with the Beijing Institute of Talent Development Strategy. The document indicates a spike in available talent for blockchain technology,…

Mega whales, each holding over 10K ETH, joined the network as WLFi spent $10M on ETH. Once Ethereum closes above $4K, it could reach $5K and then $6K within 6–8 weeks. In the past 24 hours as of press time, 13 mega whales each holding over 10000 ETH, bolstered the Ethereum [ETH] network. Simultaneously, World Liberty Fund purchased 3247 ETH worth $10M elevating their total holdings to $189M, indicating an accumulation trend. This spree of acquisitions underscored strong confidence in ETH’s value proposition despite its current price struggle. The increasing number of large-scale holders potentially stabilizes the price of ETH…

In the rapidly evolving world of Bitcoin adoption, few regulatory shifts carry the magnitude of SAB 121’s recent rescission. According to prominent Bitcoin advocate and investor Preston Pysh, this development is a watershed moment that could have more far-reaching implications than even the much-debated concept of a Strategic Bitcoin Reserve.My thoughts on the two biggest things that happened last week w/ Bitcoin.SAB121 and the in-kind redemption request to the SEC pic.twitter.com/XyHDiNcOvH— Preston Pysh (@PrestonPysh) January 27, 2025 Who is Preston Pysh?Preston Pysh is a General Partner at Ego Death Capital, a Bitcoin-focused investment firm. Known for his expertise in finance,…