Author: Yeek.io

Shiba Inu price remained under pressure as it continued to underperform other popular meme coins.  Shiba Inu (SHIB) dropped to the key support level at $0.000020, its lowest level since December 20. There is a risk that the SHIB coin will have a strong bearish breakdown soon as it forms numerous risky chart patterns. Shiba Inu is about to form a death cross Shiba Inu is about to form a death cross pattern. That’s when the 200-day and 50-day weighted moving averages cross each other. The distance between the two has continued narrowing. SHIB previously formed a death cross on…

Coinbase denied claims of hostility toward Solana, highlighting its financial support and commitment. Solana’s network issues escalated amid the memecoin craze, but market resilience remained strong. In a surprising twist, Paul Grewal, Chief Legal Officer of Coinbase Global Inc., has addressed allegations that the crypto exchange harbors animosity toward Solana [SOL]. How did this start? This started from a tweet by an X (formerly Twitter) user, who pointed,  “@coinbase why do you hate @solana??”  Responding directly to the claims, Grewal firmly replied,  “Huh? I’ve spent millions of dollars of @coinbase $ to defend SOL against an @SECGov lawsuit falsely accusing…

Este artículo también está disponible en español. Solana has been navigating a highly volatile market environment ever since the launch of the TRUMP meme coin, which has brought unprecedented attention to its ecosystem. Price action has been erratic, leaving many investors uncertain about the network’s short-term direction. While some are predicting a broader market retrace, the Solana ecosystem’s underlying metrics tell a different story of growth and resilience. Related Reading According to key data from Glassnode, the TRUMP meme coin launch has sparked a surge in activity within the Solana network. The number of active addresses on Solana has skyrocketed,…

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…

The Bank of Japan (BoJ) announced higher interest rates to 0.5% in a significant leap in 17 years, fueled by the 3.6% Consumer Price Index (CPI) surpassing 3.4% expectations. The rate spike coincided with an impressive surge in crypto prices as Bitcoin led major altcoins into the 3%-6% gain range. The rally saw Bitcoin reclaim the $105,000 price, and Ethereum crossed above $3,390. The gains saw the altseason index blast 53, prompting investors to project a 500% surge, potentially elevating their market cap to $6.48 trillion.  The recent hawkish move by the BoJ to raise rates to 0.5% is…

Just two days before his inauguration, newly elected U.S. president Donald Trump launched his meme coin, $TRUMP, which shot into the top 20 cryptocurrencies by market cap within 24 hours. Not to be outdone, the very next day, his wife Melania announced the launch of her own meme coin, $MELANIA. What is Melania coin (MELANIA), how does it work, and what are its prospects in the crypto market? What is Melania Coin? Melania coin is a meme token built on the Solana blockchain. The official website makes it clear that the coin is all about fun and collecting—it’s not intended…

Origins and GoalsLisk was founded by Max Kordek and Oliver Beddows. Initially launched in 2016 as a layer-1 blockchain, it transitioned to a layer-2 (L2) in 2023 to better support builders in markets with high growth potential. Its aim is to enable the development of practical solutions, especially in regions like Southeast Asia and Africa, where blockchain technology solves issues like limited access to credit and secure payments.Key Features of Lisk1. Security and ScalabilityLisk uses rollup technology to process transactions efficiently while maintaining Ethereum-level security. By batching multiple transactions, it reduces fees by up to 90% compared to Ethereum’s mainnet.…

TRX has climbed by 6.02% on the charts over the past week Altcoin has been seeing market stability as the CAGR suggested potential market growth Over the last 5 days, TRON [TRX] has made significant gains, with the altcoin climbing from $0.223 to $0.262. And yet, TRX has merely extended its month-long consolidation and remains stuck within a consolidation range between $0.22 and $0.27. In fact, at the time of writing, TRX was trading at $0.255 following gains of 6.02% over the past week. With TRX seeing five days of a sustained uptrends, crypto analysts have started talking. CryptoQuant’s Joao…

Bitcoin is currently consolidating below its all-time highs, with market participants eagerly awaiting a clear trend confirmation. After a period of significant volatility, the cryptocurrency has entered a critical phase where its next move could set the tone for the weeks ahead. While price action remains strong, sentiment across the market is mixed as uncertainty dominates investor decision-making. Recent data from CryptoQuant highlights a notable trend: retail demand for Bitcoin remains low, even as the cryptocurrency hovers near its all-time high. Historically, retail investors have played a crucial role in driving Bitcoin’s bull cycles, providing the liquidity and enthusiasm necessary…

The spot Bitcoin ETFs (exchange-traded funds) have picked up from where they left off in 2024, enjoying increased attention from investors in the new year. This positive sentiment has further intensified after the recent inauguration of Donald Trump as the United States president. The US-based exchange-traded funds continued their impressive streak of capital influx, positive more than $500 million in net inflows on Friday, January 24. Unsurprisingly, this positive run of form has been reflected in the price of the premier cryptocurrency, which has steadied around $105,000 this weekend. Bitcoin ETFs Register $517 Million Inflow In One Day According to…