Author: Yeek.io

Open Interest surged to the 83rd percentile, indicating heightened activity and growing interest among traders. Grayscale’s Ethereum Classic Trust has played a pivotal role in legitimising ETC as an investment asset Ethereum Classic (ETC) has caught the attention of crypto traders and investors lately due to its recent breakout and performance. In fact, the altcoin’s adherence to Proof of Work (PoW) and its historical significance in the blockchain world have made it a resilient contender in the cryptocurrency market. As it continued with its latest breakout, its Open Interest surged to the 83rd percentile, indicating heightened activity and growing interest…

Dogecoin’s price action is on a correction path in the weekly timeframe, with the cryptocurrency currently down by about 13% in the past seven days. Although the broader crypto market sentiment appears positive, the king of meme coins is yet to take advantage of this and push above the $0.4 mark. Technical analysis of the DOGE price chart shows that the cryptocurrency is fluctuating in an ascending triangle, which could be dangerous for the price trajectory moving forward.  DOGE’s Ascending Triangle Pattern: Opportunity Or Risk? Andrew Griffiths, a crypto analyst on social media platform X, noted that Dogecoin is currently…

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…

As of January 24, 2025, XRP is trading at approximately $3.17, showing a slight increase from its recent high of $3.40. The cryptocurrency market has experienced significant volatility, with XRP reaching an all-time high of $3.40 earlier this month before experiencing a pullback. XRP, developed by Ripple Labs, is a digital asset designed to facilitate fast and cost-effective cross-border payments. Since its inception, XRP has been at the forefront of transforming traditional financial systems by offering an efficient alternative to conventional banking transactions. Over the years, XRP has faced various challenges, including regulatory scrutiny and market volatility, but it has…

Este artículo también está disponible en español. XRP is currently at a critical juncture, trading at a key level after breaking its all-time high just eight days ago. Despite the market’s inherent volatility, price action remains robust, fueling optimism among investors and analysts. As the broader crypto market enters a bullish phase, XRP is gaining attention as a potential leader in the next major rally. Related Reading Market sentiment is growing increasingly positive, with analysts predicting a massive move into price discovery. Among them, crypto expert Carl Runefelt has shared an intriguing technical analysis on X, highlighting a bullish setup…

Solana left competitor Ethereum to bite the dust with 27% weekly gains and nearly 6% rally on Friday. The native token of the Solana blockchain rallies, on-chain and technical indicators point at further gains in SOL in the coming week.  Solana vs. Ethereum, Trump crowns a winner Solana added over 27% to its value in the past seven days per TradingView data. The Ethereum competitor extended its gains on Friday, rallying another 6%. The altcoin is trading 12% below its all-time high of $295.83.  SOL/USDT daily price chart | Source: Crypto.news While on-chain data intelligence platforms confirm that President Trump…

Blockchain tracking firm Lookonchain says one crypto trader is looking at multi-million dollar profits after trading the official memecoin of Melania Trump, wife of US President Donald Trump. According to Lookonchain, the trader scooped up 5.2 million Melania (MELANIA) at just $0.13 per coin right after the digital asset’s launch on Sunday – the day before Trump’s presidential inauguration. Four days later, the trader had sold off every MELANIA token for a gain of 6,208% on the initial investment of $688,000, racking in a $42.7 million profit. “This guy has sold all MELANIA, making a total profit of $42.7 million…

There is something to the stereotype of naive dreamers and idealists, or cold hard realists and cynics. Stereotypes don’t just come into being baselessly, there is a kernel of truth to them, otherwise they would not have spread virally as an idea in the first place. But they, as well as the worldviews they espouse, are also exaggerated beyond that kernel. Bitcoin is currently stuck in a game of tug of war between the naive idealists and the jaded cynics. On one hand, the idealists argue that we already won. We don’t have to do anything, Bitcoin is magically guaranteed…

Ethereum is now demonstrating steady price growth, posting a 6% rise in the past day as the broader cryptocurrency market rallied. This upward momentum follows news of a US executive order establishing a national digital asset stockpile, contributing to a positive market environment. Amid this backdrop, CryptoQuant analyst ShayanBTC has provided a fresh perspective on Ethereum’s current trajectory. Shayan highlights an interesting divergence between the increasing open interest in Ethereum futures and the price, which has yet to reach previous highs. Growing Futures Market and Divergent Price Action According to Shayan in a post recently uploaded on the CryptoQuant QuickTake…

Fineqia AG, the European subsidiary of digital assets and investment firm Fineqia International, has unveiled the first-ever exchange-traded note that deploys Cardano assets for yield bearing in decentralized finance. The Fineqia FTSE Cardano Enhanced Yield ETN, which went live on the Vienna Stock Exchange on Jan.24, will allow investors to tap into opportunities around Cardano (ADA) price appreciation while still earning yield regardless of the underlying asset’s price movement.  ETNs are debt instruments that collateralize an exchange-traded product’s underlying asset, including crypto. The Cardano ETN, which trades under the ticker YADA, provides access to yield by deploying ADA across yield-bearing…