Author: Yeek.io
Sui makes for a good case study across various performance metrics when compared to the likes of Solana DeFi performances have been among the driving forces behind both Sui network has arguably been one of the fastest growing blockchains over the last 12 months. In fact, its performance draws parallels with Solana whose Web3 ecosystem has been quite explosive lately, especially with the memecoin culture. However, just how does Sui stack up against Solana and could its performance signal what to expect in the next 12 months? For starters, Solana’s TVL was just below $250 million at the start of…
ARK Invest CEO Cathie Wood has provided insights into how Donald Trump’s return to the White House could change the cryptocurrency landscape. Woods has pointed to early signals of a crypto-friendly administration through recent appointments and market developments. Speaking on Bloomberg’s ETF IQ, Wood highlighted Trump’s pre-inauguration involvement with meme coins (which have since crashed) as an indicator of his commitment to cryptocurrency. She also praised the appointment of Paul Atkins as SEC commissioner, describing him as “pro-crypto,” and anticipates digital asset regulation — or deregulation — under his leadership. Addressing the emergence of Trump-themed meme coins, such as Official…
After its launch on Friday last week, $TRUMP quickly soared over 12,000% overnight, surging past a market cap of $15B. Post its initial two-day frenzy, however, $TRUMP cooled down and is now 50% down from the all-time highs of $75. Still, it’s currently among the top 30 cryptocurrencies by market cap, which is no small feat. As per Chainalysis, 80% of $TRUMP holders hold less than $1K worth of the token. Plus, nearly 50% of the buyers had never bought a coin on the Solana blockchain, and half of them created a wallet on the day they purchased the token.…
Este artículo también está disponible en español. Ethereum has faced lackluster price action over the past year, significantly underperforming compared to Bitcoin and many altcoins that have surged during the ongoing market cycle. Once seen as the leader of innovation and growth in the crypto space, Ethereum’s slow movement has left many investors frustrated and questioning its short-term potential. However, signs suggest that this period of underperformance could be coming to an end. Related Reading Recent data from on-chain analytics firm Santiment has revealed a bullish development for Ethereum. According to their insights, whales—large holders of cryptocurrency—have accumulated over 1.14…
The Official Trump meme coin has collapsed to a record low as on-chain data show that the most profitable investors have exited. Official Trump (TRUMP) price crashed to a low of $27 on Saturday, down by about 63% from its all-time high. This plunge has dropped its market cap from $14 billion to $5.3 billion. TRUMP meme coin | Source: crypto.news Most TRUMP meme coin whales dumped the token On-chain data reveals that, as with most meme coins, the biggest whales have exited their positions, leaving many retail traders holding the bag. Nansen data shows that the most profitable Official…
President Donald Trump delivered on his campaign promise as he signed the executive order to transform the US into the global crypto capital. The executive order portrays a swift action toward delivering regulatory clarity whose absence has condemned the industry to operate in the gray area. The order signed on Thursday, Jan. 23, aims to cement the US as the global leader in digital assets technology and artificial intelligence (AI). Additionally, the order bars the central bank’s digital currency (CBDC) issuance in the country, which saw GOP politicians criticize it as a pathway to privacy invasion. Venture capitalist David…
After last week’s memecoin frenzy, fueled by the US President’s official token launch, the crypto community is split on the possible implications of Donald Trump’s memecoin venture. Ethereum founder Vitalik Buterin shared his concerns about the potential negative impact and “risks” of these tokens. Politician Tokens: Sources Of Fun Or Vehicles For Bribery? A week ago, US President Donald Trump took the crypto market by storm after launching his official token, TRUMP. The memecoin broke all records for newly launched cryptocurrencies, reaching a trading volume of over $10 billion, an all-time high (ATH) of $75, and a market capitalization of…
Este artículo también está disponible en español. Crypto analyst Tony Severino has provided an ultra-bullish outlook for the Bitcoin price, predicting that the flagship crypto could rally to as high as $321,000. The analyst admitted that this target was too high for BTC but added that it was simply the “math. Bitcoin Price To Reach $321,000 In This Market Cycle In a substack post, Tony Severino predicted that the Bitcoin price could rally to as high as $321,000 in this bull run. This came as the analyst highlighted a potential head and shoulders pattern that had formed on Bitcoin’s chart.…
A popular crypto analyst thinks one top-30 altcoin is gearing up for a parabolic rally. The pseudonymous analyst known as Altcoin Sherpa tells his 240,200 followers on the social media platform X that HYPE, the utility token of decentralized perpetual futures exchange Hyperliquid, may more than double in value this cycle. “The pump to $50 will be glorious for HYPE. Hyperliquid. One of my bags.” Source: Altcoin Sherpa/X Looking at his four-hour chart, the trader suggests that HYPE is looking bullish as it has been trading in a range with a lower bound of $18.53 and an upper bound of…
After a quiet start to 2025, the price of Cardano had finally begun to build on its bullish momentum from the previous year. However, the altcoin has seemingly encountered a setback, with its value falling by nearly 15% in the past week. While this downturn could be attributed to the uncertainty and drama surrounding Donald Trump’s inauguration, it could also be linked to the movement of large investors over the past week. Here’s how the Cardano whales sold in the last seven days. Whales Sold $180 Million Worth Of ADA Tokens Last Week In a recent post on the X…