Author: Yeek.io

Homepage > News > Business > Donald Trump focused on memecoins, not promises to crypto bros Donald Trump broke the hearts of crypto bros by failing to do or say anything related to digital assets on his first day as the 47th President of the United States. • Trump memecoin madness• Critics pounce• SEC/CFTC changes• Exchanges bend the knee• WLF enjoys TRUMP tailwind• Acting FDIC chair promises banking changes• BTC’ strategic reserve’ still in limbo Trump shocked nearly everyone by launching an official $TRUMP memecoin late on the night of January 17, just as the ‘crypto’ cognoscenti were gathered for…

BARRON, an unofficial meme coin named after Donald Trump’s son, rewarded an insider wallet with $1.05 million after dumping it for Solana. On Jan. 20, a fake BARRON meme coin was launched amidst the official presidential meme coins, TRUMP (TRUMP) and MELANIA (MELANIA). Despite being unofficial, many traders were quick to jump on the Solana-based meme coin inspired by Trump’s son. Its market cap quickly skyrocketed to as high as $72 million, though it has now plummeted to at least half that much. In fact, the fake Barron meme coin soared so high that an insider wallet was able to…

As Donald Trump begins his second term as President of the United States, Trump-backed cryptocurrency ventures are making waves in the digital finance world. On Monday, World Liberty Financial (WLF), a Trump-associated blockchain initiative, announced it had raised $1 billion through token sales. Meanwhile, Trump’s meme coin, $TRUMP coin, skyrocketed to a market valuation exceeding $10 billion, capturing the attention of investors and crypto enthusiasts alike. Trump’s Crypto Era Unfolds: WLF was launched just two months before the U.S. election by Donald Trump and his sons with Middle East special envoy Steve Witkoff; it has been quick to claim its…

XRP investors are cashing out, making the $3 level critical. With the Trump pump losing its magic, will the whales step in to save the day? Ripple[XRP] doubled in value with 72% of its recent movement trending up, boosting its market cap by 33%. Yet, it’s still 8% off its $194B peak as investors cash out. With BTC missing a ‘Trump rally’ and caution running high, where does XRP stand in the bigger picture? XRP stands at a crossroads Just yesterday, Bitcoin[BTC] hit $109K, a record high, as billions poured in. The crypto market cap soared to $3.71 trillion. Fast-forward…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…

What is Proof of Work?PoW is the very first consensus mechanism that has been applied to most blockchains, including Bitcoin. It requires complex mathematical problems to be solved by miners for transaction validation and block creation. This process ensures network security and prevents malicious activities.However, PoW has a significant downside. A significant amount of electricity is consumed by the processing power needed to resolve these issues. For example, the mining of Bitcoin uses as much energy as some small nations, creating environmental and sustainability issues.What is the Proof of Stake (PoS) mechanism? Proof of Stake (PoS) was created to deal with…

Crypto analyst Ali Martinez highlighted this optimistic outlook in a Jan. 21 X post, where he speculated a short-term price target of $4.40 for XRP. According to Martinez, XRP recently broke out of a bull flag pattern—an indication that bullish momentum may continue in the near term. This breakout aligns with strong technical signals pointing to further upward movement. This short-term prediction follows an even more ambitious target shared by the analyst in an earlier post.  Martinez had previously highlighted XRP’s breakout from a symmetrical triangle pattern on the monthly chart, a development he views as another bullish indicator. Based…

If you now feel bad for not capitalizing on the most recent spikes in Solana (SOL) and Ripple (XRP), don’t be. There’s another star that is ready to shine. A new hybrid trading platform, DTX Exchange (DTX), is making headlines in the crypto market thanks to its presale achievement and growth potential. It has already soared by 600% while raising over $12M. Some experts even predict a potential 4x surge for this altcoin in 2025. Although market analysts like Shibo and Ali have made bold price predictions for SOL and XRP, more investors gravitate towards DTX, which could have higher…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With meme coins like Official Trump gaining traction, investors are shifting from Dogecoin and Ripple to Remittix, a utility-driven contender. Speculators who once clung to Dogecoin and Ripple are shifting their gaze elsewhere. Despite modest gains, Dogecoin (DOGE) sits around $0.3777 (up 18% in seven days), and Ripple (XRP) rests at $3.27 (up 36% in seven days). Some watchers see an XRP slump coming soon. Meanwhile, a brand-new meme coin called Official Trump soared to $69.25, jumping 968% in…

Dogecoin price action has entered a critical phase as technical indicators, particularly the Relative Strength Index (RSI), point to a continuation of bearish momentum. Following a consistent downtrend, the RSI has dipped below the neutral 50% level, signaling increasing selling pressure and waning bullish interest. This shift in momentum puts the $0.3 support level in the spotlight, a crucial price floor that could determine Dogecoin’s near-term trajectory. With market conditions showing limited upside potential, traders are focusing on whether DOGE can maintain its ground at $0.3 or if the bearish momentum will push it lower. This juncture marks a decisive…