Author: Yeek.io

XRP price started a fresh increase above the $3.250 level. The price is holding gains and might start another increase if it clears the $3.180 resistance. XRP price traded toward the $3.35 level before it corrected some gains. The price is now trading below $3.20 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $3.0650 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $3.00 support. XRP Price Holds Support XRP price managed to start a fresh increase…

Homepage > News > Business > Turkey upgrades digital ID; AI projected to stifle breaches Turkish authorities have confirmed plans to double down on national digitization efforts by leveraging blockchain technology for its digital identity system. The latest efforts follow authorities’ previous efforts to onboard Turkish residents on T.C. Kimlik Karti, a national identity program with digital features. Since its launch in 2017, over 83 million individuals have received smart digital ID cards, with less than two million persons yet to be captured. Turkish regulators are keen on onboarding the next tranche of residents on the national ID program in…

A closely followed analyst who nailed the pre-halving Bitcoin correction last year thinks altcoins are close to igniting big rallies and outperforming BTC. Pseudonymous analyst Rekt Capital tells his 531,500 followers on the social media platform X that the altcoin market is at a stage where it is being overlooked by most traders. But the trader notes that the prevailing bearish sentiment is setting the stage for altcoins to ignite upside bursts, leaving many traders on the sidelines. “February has been a strong month for altcoins in both 2023 and 2024. Could altcoins enjoy a strong February for the third…

Bitcoin has reached a new all-time high of $109,357 after a week marked by extreme volatility. The cryptocurrency dropped sharply to the $89,000 level last Monday, only to rebound with an impressive 22% surge, propelling it to new heights. This price action has reignited excitement in the market, with investors and analysts anticipating even greater gains as BTC enters a pivotal phase. The optimism coincides with President-elect Donald Trump assuming office, sparking expectations of a pro-crypto administration that could fuel Bitcoin’s momentum further. Many believe this shift in leadership will create a favorable environment for cryptocurrencies, with BTC poised to…

Este artículo también está disponible en español. Ethereum price remained below the $3,500 resistance while Bitcoin rallied. ETH is consolidating above $3,120 and facing many hurdles. Ethereum failed to gain pace for a close above $3,450 and corrected gains. The price is trading below $3,300 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $3,370 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it clears the $3,325 resistance level. Ethereum Price Stuck In A Range Ethereum price started a decent upward move above the…

On January 18th, Trump launched his official memecoin, $TRUMP, followed by the release of his wife Melania’s memecoin, $MELANIA, just two days later. These launches have made a significant impact on the crypto market. NFTEvening, in collaboration with Storible, conducted a survey of over 1,000 Americans to explore the buying trends, profitability, and public opinion surrounding the TRUMP and MELANIA memecoins, providing valuable insights into their influence on the crypto space. Methodology We conducted a survey of 1092 Americans using Prolific (a popular online research platform). The survey included two attention-check questions to ensure participants answered thoughtfully. Any invalid responses…

NOT has declined by 20.12% over the past month. An analyst predicts a further dip for NOT to $0.0031 as bears dominate the market. Over the past two weeks, Notcoin [NOT] has faced strong downward pressure. During this period, NOT dipped from a local high of $0.01 to a low of $0.0049. At press time, Notcoin was trading at $0.0055. This marked a 2.72% drop on daily charts. The memecoin has also dropped on weekly and monthly charts by 8.28% and 20.12% respectively. This sustained downtrend has analysts worried about further dips. Popular crypto analyst Ali Martinez suggested a potential…

AVAX formed a bullish pattern, with $43.50 and $60 as key resistance levels. Market indicators showed strong momentum, supported by rising Open Interest and trader activity. Avalanche [AVAX] is making waves as it consolidates within a symmetrical triangle, a classic bullish pattern that often precedes explosive moves. Trading at $38.98, up 2.98% at press time, AVAX is showing signs of a potential rally.  With strong support at the 50-week moving average and bullish sentiment gaining traction, traders are closely watching for the next big move. The question remains: can AVAX surpass key resistance levels and push higher? Is AVAX ready…

Bitcoin price started a short-term downside correction after setting a new all-time high. BTC is consolidating above $101,000 and might aim for a fresh increase. Bitcoin started a downside correction from the $109,000 zone. The price is trading below $104,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $104,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $100,000 support zone. Bitcoin Price Sets New ATH Bitcoin price started a decent upward move above the $102,000…

On-chain data shows the XRP whales have been making a large amount of inflow transactions to Binance recently, a sign that may not be ideal for the asset’s price. XRP Whales Have Made A High Number Of Transactions To Binance Recently As explained by an analyst in a CryptoQuant Qucktake post, the XRP Whale to Exchange Transactions metric has spiked for the cryptocurrency exchange Binance recently. The “Whale to Exchange Transactions” here is an on-chain metric that keeps track of the total number of transfers that are taking place from whale entities to wallets associated with a given centralized exchange.…