Author: Yeek.io

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%,…

Este artículo también está disponible en español. Ethereum price struggled to continue higher above $3,350 and dipped. ETH is now correcting losses and might face resistance near the $3,220 zone. Ethereum started a fresh decline below the $3,220 resistance 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 $3,270 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another decline if it stays below the $3,300 level. Ethereum Price Dips Further Ethereum price started a fresh decline below the $3,320…

Jupiter Exchange is set to use 50% of transaction fees generated to buy back JUP from the market. JUP could fall lower on the chart, as its recent activities aren’t bullish. In the past 24 hours, Jupiter [JUP] has seen a minor price increase, gaining 1.77% in an attempt to clear its weekly loss of 4.21%. While positive developments in its ecosystem present a bullish opportunity, traders’ bearish activities could potentially override this, causing JUP to extend further downward. Will JUP’s fundamentals hold up? Jupiter Exchange, the platform behind the JUP token, recently announced plans to use 50% of transaction…

MicroStrategy has once again solidified its position as the largest corporate holder of Bitcoin, announcing the acquisition of an additional 10,100 BTC for $1.1 billion. The latest purchase, made at an average price of $105,596 per Bitcoin, occurred just before a market correction saw Bitcoin’s price dip 6% below $100,000.MicroStrategy has acquired 10,107 BTC for ~$1.1 billion at ~$105,596 per bitcoin and has achieved BTC Yield of 2.90% YTD 2025. As of 1/26/2025, we hodl 471,107 $BTC acquired for ~$30.4 billion at ~$64,511 per bitcoin. $MSTR https://t.co/UM5dGUS9Ma— Michael Saylor⚡️ (@saylor) January 27, 2025 This purchase comes on the heels of…

Bitcoin has seen a modest recovery after dipping below the $100,000 mark earlier today. At the time of writing, BTC is trading just above $101,000, following a 3.7% decline in the last 24 hours. This recent movement appears to have not only instilled hope in investors but has also caught the attention of analysts now closely monitoring on-chain data and short-term holder behavior to understand the asset’s next potential move and the critical levels to watch. Key Support level for Bitcoin Yonsei Dent, a contributor to CryptoQuant’s QuickTake Platform, has highlighted key metrics indicating that short-term holders (STH) may play…

Homepage > News > Finance > Chinese lender issues $300M digital bond in Hong Kong Bank of Communications (BoCom), one of China’s largest banks, has issued a $300 million digital bond in Hong Kong, becoming among the first lenders from mainland China to explore blockchain bonds in the city-state. Meanwhile, the tokenization arms race is heating up. Singapore recently launched a digital bond grants scheme similar to Hong Kong’s as the two financial hubs vie for the spot of China’s digital finance hub. Bank of Communications issues $300 million digital bond BoCom issued the unsecured three-year digital bond on Orion,…

Meme coin Official Trump TRUMP/USD, associated with President Donald Trump, launched ahead of the Jan. 20 inauguration day and took the cryptocurrency sector by storm. A new poll shows readers are split on whether they would consider buying the meme coin. What Happened: Posts made on X and Truth Social announced the official launch of the Trump coin, with some users believing the incoming president of the U.S. had been hacked. Instead, the launch was done before Trump officially became president and he later confirmed his involvement with the cryptocurrency. A large portion of the coin’s supply is controlled by…