Author: Yeek.io
It’s expected that blockchain technology will reach new heights of transformation in 2025, with a range of industries using its benefits to make things run easier, be more open, and be safer. Blockchain isn’t just for cryptocurrencies anymore—it’s molding new ideas and upsetting traditional paradigms in everything from games to supply chain management. Gaming and iGaming When blockchain technology comes out in 2025, it will help the gaming and iGaming industries the most. Since blockchain is decentralized, in-game items like skins, weapons, and virtual currencies are truly owned by the players who use them. This makes trading safely across platforms…
Bitcoin has recently been trading inside a historically narrow 60-day price range. Here’s what usually follows such periods of compressed volatility. Bitcoin Price Action And Supply Are Both Constrained In A Tight Range In a new post on X, the on-chain analytics firm Glassnode has discussed how BTC hasn’t witnessed much sharp price action recently. Below is the chart shared by the analytics firm that shows the historical instances where the 60-day price range was narrower than the current one (in terms of percentage swing). Looks like there haven’t been many instances of a tighter price range in history |…
Este artículo también está disponible en español. Hedera (HBAR) has emerged as a standout performer in the current market cycle, demonstrating resilience and strength even amid uncertainty and volatility. After reaching a multi-year high last Friday, HBAR experienced a sharp correction, dropping over 22%. Despite this pullback, the price action suggests that Hedera is gearing up for its next major move, keeping investors optimistic about its bullish potential. Related Reading Renowned analyst Carl Runefelt has shared a detailed technical analysis on X, shedding light on HBAR’s current position. According to Runefelt, Hedera has successfully tested a key demand level following…
In recent years, NFTs have evolved from a niche digital asset to a multi-billion-dollar market.At the height of their popularity, NFTs captivated collectors and investors with the promise of owning unique digital assets, often commanding multimillion-dollar sales. However, as the initial excitement fades, many of these digital tokens are struggling to maintain their value.The main issue has become clear: relying solely on the appeal of a digital image or collectible is not enough to sustain long-term worth. As the market has cooled, the concept of “utility”—offering added benefits beyond the digital artwork itself—has become crucial for NFTs to maintain relevance…
The US crypto industry is flourishing, attracting investors worldwide, especially after Donald Trump’s presidential inauguration. American venture capitalist Andreessen Horowitz has revealed plans to withdraw its crypto investments in the United Kingdom, opting to capitalize on burgeoning opportunities in the United States instead.Trump’s vow to transform the US into a crypto capital, coupled with his recent crypto-focused executive orders, has significantly boosted the community’s sentiment. Institutional investments, such as those from Andreessen Horowitz, further bolster the community’s confidence, solidifying the country’s status as a global digital asset hub.Andreessen Horowitz To Explore US Crypto MarketAccording to a recent report, venture capitalist…
ETH has surged over the past 24 hours by 5.41%. Although Ethereum is under pressure, the altcoin could recover in the short term before another decline. Over the past three weeks, Ethereum [ETH] has struggled to maintain an upward momentum. Over this period, the altcoin has remained stuck within a consolidation range between $3.2k and $3.5k. This prolonged consolidation has left analysts concerned about ETH’s future trajectory. Notably, CryptoQuant analyst Fost has suggested that Ethereum is facing extreme pressure. Is Ethereum under pressure? According to CryptoQuant, Ethereum is facing high FUD and bearish sentiment, resulting in altcoin’s continued underperformance.…
Este artículo también está disponible en español. The XRP price is in the spotlight again, as a crypto analyst has shared his short—to long-term prediction for the third-largest altcoin. While the asset has experienced a series of bullish events that have driven its price to its current level, the analyst strongly believes that the cryptocurrency can jump even higher to reach $20. XRP Long To Short Term Price Prediction According to a crypto analyst identified as ‘XRP Meesku’ on X (formerly Twitter), the XRP price is gearing up to skyrocket to a new long-term ATH target of $20. The analyst’s…
Este artículo también está disponible en español. The US Securities and Exchange Commission (SEC) announced on Thursday, January 23, the rescission of Staff Accounting Bulletin (SAB) No. 121, a directive that had imposed stringent accounting requirements on crypto custody for US banks and financial institutions. The move, encapsulated in the newly issued SAB 122, is poised to serve as a more substantial catalyst for Bitcoin’s price dynamics than the anticipated US Bitcoin Reserve (SBR), according to several industry experts. Implications For Bitcoin Originally enacted in 2022, SAB 121 mandated that banks classify customer-held cryptocurrencies as liabilities on their balance sheets.…
With the use of AI, blockchain has brought to life an innovative token on its platforms unlike those of the old days. Of these, Solana has stood out as one of the most preferred choices for artificial intelligence-based decentralized finance applications. As a result of its high speed of transactions and low cost, Solana is now the best place to introduce AI agent tokens, which combine the capabilities of artificial intelligence and blockchain. Before the year 2025, people are trying to find the AI-based tokens which are worth investing and Solana ecosystem is full of opportunities. In this article, we’ll…
Chainlink’s breakout may target $27.23 as traders anticipate a rally towards $50 On-chain metrics, including active addresses and exchange reserves, supported LINK’s bullish momentum Chainlink [LINK] has been gaining momentum on the charts lately, with the crypto breaking out of a descending wedge pattern. Needless to say, this has ignited optimism across the crypto market. At press time, LINK was trading at $26.31 following a 9.20% hike in the last 24 hours. The altcoin’s latest rally has brought LINK closer to its key resistance levels, with traders speculating about a potential move towards $50. Can Chainlink sustain this bullish momentum…