Author: Yeek.io
HYPE was trading within a bullish flag pattern, signaling a possible breakout toward $50. Key indicators, including rising Total Value Locked (TVL), suggested that the market rally was gaining momentum. Over the past 24 hours, Hyperliquid [HYPE] recorded a significant price swing of 14.67%, reclaiming the $26 range—last seen in early January. This followed a brief monthly decline of 6.09%. Current market trends and strong bullish alignment indicated further upward momentum, positioning HYPE for continued gains in the coming weeks. HYPE’s final countdown The final stage of the bullish flag pattern—a rally followed by consolidation and a concluding price surge—has…
Este artículo también está disponible en español. After testing the low $90,000 price level multiple times over the past two months, Bitcoin (BTC) briefly broke out of its tight trading range earlier this week, reaching a new all-time high (ATH) of $108,786. However, a recent report by Glassnode suggests that the sustained consolidation observed in recent months may be nearing its end, with the leading cryptocurrency primed for its next significant move. Bitcoin Profit-Taking Declines Sharply According to the latest edition of Glassnode’s ‘The Week On-Chain Report,’ BTC profit-taking volumes have dropped significantly, falling from a peak of $4.5 billion…
Ethereum price is struggling below the $3,400 resistance. ETH is showing a few bearish signs and might decline below the $3,150 support. Ethereum failed to gain pace for a close above $3,350 and $3,400. The price is trading below $3,300 and the 100-hourly Simple Moving Average. There was a break below a key contracting triangle with support at $3,270 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it stays above the $3,120 support level. Ethereum Price Breaks Support Ethereum price started a decent upward move from the $3,220 level but upsides…
Bitwise Asset Management has reportedly filed for a Dogecoin (DOGE) exchange-traded fund (ETF). The company is said to have registered “BITWISE DOGECOIN ETF” as a legal entity with Delaware’s Department of State’s Division of Corporations, setting the stage for an official ETF filing with the SEC. The development comes after US asset managers Osprey Funds and REX Shares are seeking to launch exchange-traded funds (ETFs) for meme coins including Dogecoin, Official Trump (TRUMP) and Bonk, according to a Jan. 21 regulatory filing. A step closer to a DOGE ETF Although the Delaware registration does not constitute an SEC filing, it…
Coinbase founder and CEO Brian Armstrong says the latest memecoin frenzy is overwhelming the top US-based crypto exchange. Armstrong acknowledges that Solana is experiencing transactional delays on Coinbase amid a high volume surge in the trading of memecoins launched on the SOL network. In response to one customer complaining of delays on the social media platform X, Armstrong says, “Team is working hard on scaling our Solana infra now – lots of Solana activity last few days, we were not anticipating this level of surge.” Armstrong also responds to another customer complaining they’ve been waiting two days so far for…
Ross Ulbricht, sentenced to life in prison without the possibility of parole for creating the darknet market Silk Road, is free.Ulbricht is a freedom fighter to some, and a dangerous criminal to others. The former know Ulbricht as described in Forbes, “a principled libertarian and cypherpunk in the same vein as WikiLeaks founder Julian Assange and Bitcoin creator Satoshi Nakamoto”.Ulbricht had a theory: that violent drug cartels would have no chance sustaining themselves in a free market environment where the state did not control the use of substances, as non-violent operations would simply outperform the violent ones based on demand.Most…
Este artículo también está disponible en español. The Bitcoin price has shown a bullish pattern that could cause it to rally to between $150,000 and $170,000. Crypto analyst Gert van Lagen revealed how this could happen and what could come next after this price surge. Bitcoin Price To Rally To As High As $170,000 Following Wave Formation The Bitcoin price is set to rally to as high as $170,000 following a wave formation. In an X post, Gert van Lagen revealed that Bitcoin had confirmed blow-off wave 5 within the $150,000 and $180,000 range by recently reaching a new all-time…
Seychelles, January 22, 2025: MEXC, the world’s leading cryptocurrency trading platform, announced the launch of the Jambo (J), an innovative on-chain mobile network project, scheduled for January 21, 2025, at 10:00 (UTC). The launch will be accompanied by Airdrop+ rewards of 28,000 J, 5,000 MX and 50,000 USDT. Empowering users with Jambo’s scalable on-chain mobile solutions Jambo is pioneering the development of the world’s largest on-chain mobile network through JamboPhone, a groundbreaking initiative designed to redefine decentralized finance in Africa. By leveraging cutting-edge blockchain technology, Jambo aims to enhance scalability, strengthen security, and improve user accessibility, creating a seamless gateway…
Ethereum Foundation faced calls for leadership reform to address governance challenges. Spot market demand for Ethereum dropped 84% as Bitcoin showed resilience. Ethereum’s [ETH] trajectory has come under intense scrutiny, with growing concerns surrounding its roadmap and governance structure. Execs weighs in on leadership reforms Anthony D’Onofrio, a founding member of Ethereum, took to X (formerly Twitter) to advocate for leadership reforms within the Ethereum Foundation—the organization at the heart of the blockchain’s development. His call for change highlights the mounting pressure on ETH to address internal challenges as it navigates the complexities of sustaining its position as a leading blockchain…
Ton Foundation, the organization overseeing development of the TON blockchain ecosystem, has shared two major announcements. The first concerns the reinforcement of its partnership with the Telegram messenger app, making TON the exclusive blockchain for all Telegram mini-apps. The second outlines TON Foundation’s vision for a passwordless future secured by expanding TON Connect, its web3 authentication solution. TON Foundation expands Telegram partnership By designating TON as the exclusive blockchain for Telegram’s mini-apps, TON Foundation has made sure that crypto experiences on Telegram will direct to the network it is dedicated to supporting. The move is about more than cementing TON’s…