Author: Yeek.io
Este artículo también está disponible en español. After starting the week with a red Monday, Bitcoin (BTC) has recovered the $100,000 zone, registering a 4% recovery from yesterday’s lows. Following its recovery, some crypto analysts suggested that BTC could be getting ready for a February pump. Related Reading Choppy January, Double-Digit February? On Monday, the crypto market suffered a shakeout generated by the broader sell-off ignited by DeepSeek’s Artificial Intelligence (AI) news. Altcoins like Ethereum (ETH) and Solana (SOL) fell 8.4% and 15%, respectively, while Bitcoin dropped 5%. The flagship cryptocurrency fell below the $100,000 mark for the first time…
Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Pudgy Penguins 2,440.34 ETH 211 ethereum View 2 Lil Pudgys 759.74 ETH 643 ethereum View 3 Azuki 464.17 ETH 122 ethereum View 4 CryptoPunks 422.73 ETH 10 ethereum View 5 Doodles 306.58 ETH 70 ethereum View 6 Bored Ape Yacht Club 271.81 ETH 21 ethereum View 7 Milady Maker 202.20 ETH 43 ethereum View 8 Azuki Elementals 137.24 ETH 304 ethereum View 9 Seeing Signs 99.17 ETH 108 ethereum View 10 MOVE X 72.23 ETH 55 ethereum View
Spot Bitcoin exchange-traded funds in the U.S. flipped to inflows on Jan. 28 as Bitcoin reclaimed $102k, with the market bracing for the upcoming FOMC meeting. According to data from SoSoValue, the 12 Bitcoin ETFs returned to net inflows on Tuesday, with $18.44 million entering the funds. This followed a $457.48 million outflow the previous day, as investor sentiment turned risk-off amid concerns over the rising popularity of the Chinese AI app DeepSeek, which contributed to a sharp drop in both tech stocks and the crypto market. All of the inflows recorded yesterday came from BlackRock’s IBIT, which attracted $30.14…
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…