Author: Yeek.io
Number of bearish large investors in UNI has grown significantly, and they have begun selling the asset On-chain metrics revealed a decline in the total value locked and fees generated as sentiment changed In the last 24 hours, UNI has seen an 11.95% decline across the market. This, as the larger sentiment turned bearish. And yet, this fall may have been likely driven by whales in the market. That’s not all though as AMBCrypto’s analysis revealed that beyond the whales, other market participants also reduced engagement with UN – A possible factor precipitating a price drop. Whales begin selling UNI…
On Jan. 28, KuCoin pleaded guilty to a United States judge for failing to implement proper anti-money laundering protocols and will now have to pay $297 million in fines. The China-based cryptocurrency exchange KuCoin violated U.S. regulations on money laundering and know-your-customer procedures and admitted guilt to one charge of “running an unlicensed money transmitting business.” As per the official statement from the U.S. Attorney’s Office, the entity operating as KuCoin, PEKEN GLOBAL LIMITED, will be required to withdraw from the U.S. market for at least two years and pay a fine of $297 million. Danielle Sassoon, the U.S. Attorney…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…
TRON looks bearish on both price action and technical indicators. The steady ascent in active addresses and the purchases from World Liberty Financial was not enough to keep the sellers at bay. The price outlook for TRON [TRX] was bearish on the daily timeframe. Technical analysis showed momentum and buying pressure were waning. The Trump-linked World Liberty Financial’s purchase of an additional $2.6 million worth of TRON tokens did not ease the bearish fears. Source: Arkham Intelligence The Bitcoin [BTC] price slump over the past 24 hours pushed TRX below a key support level. AMBCrypto examined the price action to…
Rumors are rippling through the crypto community after several users on X claimed that Tesla founder and X owner Elon Musk briefly tweeted about XRP before deleting the post within seconds. The alleged tweet, which no one appears to have captured in a screenshot, has generated a flurry of debates regarding its authenticity. The Alleged XRP Tweet One of the earliest mentions came from X user JackTheRippler, who posted: “RUMORS: Elon Musk has posted: ‘#XRP is looking quite promising.’ He deleted the post within 20 seconds.” This initial claim sparked immediate buzz among enthusiasts, with some pointing to Musk’s past…
XRP price declined sharply and tested the $2.650 support zone. The price is now correcting gains and showing positive signs above $3.00. XRP price started a fresh decline below the $3.00 zone. The price is now trading below $3.120 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might struggle to clear the $3.10 and $3.12 resistance levels. XRP Price Dips Further Before Rebound XRP price struggled to continue higher above the $3.050 resistance and…
Este artículo también está disponible en español. Crypto analyst Kartik has revealed a technical pattern that has formed for the Ethereum price, indicating a possible breakout may be on the horizon. The analyst further revealed the new targets that have emerged for ETH due to the bullish pattern. Ethereum Price Forms Flag And Pole Pattern In a TradingView post, Kartik revealed that the Ethereum price had formed a flag and pole pattern, indicating that ETH could be set for a breakout. The analyst noted that this pattern has formed while Ethereum is currently on a downtrend from the $4,100 resistance…
Homepage > News > Business > Blockchain-as-a-Service to surpass 70B market capitalization by 2030 As blockchain technology continues its surge to mainstream acceptance, a new report predicts a market capitalization spike for the Blockchain-as-a-Service market to new highs. According to the report by Stellar Market Research, the sector is expected to reach a market capitalization of $71.3 billion before the end of 2030. Currently valued at around the $8 billion mark, the report projects a compound annual growth rate of 37% before the end of the decade. Blockchain-as-a-Service (BaaS) are cloud-based solutions designed to smoothen the curve for enterprises keen…
New ETH addresses surged to over 200,000 daily while price dropped 5.57% to $3,051. Non-zero ETH addresses reached 136M with steady upward trajectory, suggesting growing ecosystem adoption. Ethereum’s [ETH] network metrics have reached significant milestones in January 2025, with new address creation hitting a 27-month peak despite recent price corrections. This surge in network activity provides crucial insights into potential market dynamics and adoption trends. ETH price action and technical overview The ETH/USD pair was trading at $3,051.36 at press time, marking a notable 5.57% decline in recent trading. The MA cross between the 50-day (3,452.83) and 200-day (2,988.11) moving…
Este artículo también está disponible en español. As January draws to a close, the cryptocurrency market has experienced a significant downturn, with Bitcoin (BTC) and other digital assets suffering losses attributed to a broader sell-off in the technology sector. Bitcoin’s price fell 3% to $101,400, with earlier lows reaching $97,750. The CoinDesk 20 index, which tracks a weighted average of various cryptocurrencies, recorded a 7% decline, reflecting the overall market’s cooling after reaching record highs earlier this month. Nasdaq Drops Over 3% As DeepSeek’s AI Advances Raise Concerns The tech-heavy Nasdaq composite index also faced a downturn, dropping over 3%,…