Author: Yeek.io
Deep-pocketed digital asset investors are gobbling up massive amounts of the leading meme token Dogecoin (DOGE). Trader Ali Martinez tells his 116,800 followers on the social media platform X that while retail investors are getting distracted by the recently launched Official Trump (TRUMP) memecoin, crypto whales heavily accumulated DOGE to the tune of $640.5 million in just two days. “While everyone focuses on TRUMP, whales bought 1.83 billion Dogecoin DOGE in [48 hours!]” Source: Ali Martinez/X At time of writing, DOGE is trading for $0.35. Looking at TRUMP itself, Martinez predicts that the memecoin will surge above $50 if it…
Bitcoin had an exciting weekend filled with sharp volatility and historic price movements, leaving the market buzzing with anticipation. The cryptocurrency pushed above the $108,000 mark, reaching a new all-time high (ATH) of $109,350. However, the rally was met with resistance, and Bitcoin quickly retraced to as low as $99,400 before recovering. The dramatic swings created a mix of optimism and uncertainty as the weekend closed. Analyst Axel Adler provided valuable insights into Bitcoin’s current state, focusing on the Net Unrealized Profit/Loss (NUPL) metric among miners. According to CryptoQuant data, the NUPL is currently at 0.5, a level that historically…
Este artículo también está disponible en español. Ethereum is off to a rocky start this 2025, and its vibrant dev community isn’t happy. According to reports, the Ethereum Foundation has recently moved a substantial amount of Ether. The foundation’s transactions to move and sell its tokens became messier when one of its employees attempted to explain the situation, generating a lot of backlash. Related Reading Ethereum’s recent transactions have occurred since Bitcoin and other top tokens have been ripping through the charts. Price-wise, Ethereum is trading between $3,200 and $3,384, which is too far from 2021’s high of $4,870. What’s…
There’s been a lot of buzz lately about the possibility of a CryptoPunks IP sale, and this has stirred up plenty of excitement, questions, and even a bit of anxiety in the NFT community. CryptoPunks, created in 2017, are considered one of the oldest and most respected collections in the world of digital collectibles. They feature 10,000 unique, pixelated characters that many people see as a form of digital art. Ever since Yuga Labs acquired the rights to CryptoPunks in 2022, fans have been curious about what would happen next. Yuga Labs is the company behind the popular Bored Ape…
A spike in Solana’s transaction fees and a sharp decline in transaction count have contributed to bearish market sentiment. SOL could test the $222 support level before attempting a recovery. In the past few weeks, Solana [SOL] enjoyed an impressive rally, gaining 28.20%, which propelled it to a new all-time high of $294.33 on the 19th of January. However, the token has since declined by 18.75%. According to analysis by AMBCrypto, key metrics currently suggest unfavorable conditions for SOL, with the possibility of further declines in the near term. Downtime could impact SOL’s gains According to Glassnode, the Solana blockchain…
Este artículo también está disponible en español. The return of Donald Trump to the presidency has caused a wave of enthusiasm in the digital asset market, with institutional investors making bold bets on cryptocurrencies like XRP and Solana. This trend is noted by the CoinShares’ Digital Asset Fund Flows Weekly Report, which reveals a historic influx of funds into the crypto market with total assets under management (AuM) now at a new all-time high. Trump Euphoria Sparks Record-Breaking Inflows It has been only a few weeks into 2025, but investment funds tied to cryptocurrencies are already pulling in crazy numbers…
Este artículo también está disponible en español. The Financial Times reported on Monday that World Liberty Financial (WLF), the digital asset venture associated with President Donald Trump, has successfully raised $1 billion through its token sales. Initially launched in October with a goal of selling only 20 billion WLF tokens, the decentralized finance’s (DeFi) venture token surpassed this target by selling 21 billion tokens, demonstrating robust demand despite a rocky start. Eric Trump Champions World Liberty Financial At ‘High-Profile Event’ Per the report, this surge in interest comes as WLF announces the release of an additional 5 billion tokens from…
Tron outperformed the rest of the top blockchain cohort in terms of transaction efficiency. TRX showed signs of potential pivot as the bears lose momentum, and whales accumulate. TRON[TRX] has emerged as the blockchain network with the highest transaction value among its top peers. A recent analysis indicates that Tron ranks highest in cost-effectiveness. According to CryptoQuant, Tron had the highest Transaction-to-Price Ratio (TPR). This metric compares the total daily transaction value to the price of the network’s native cryptocurrency. Tron’s TPR outpaced major blockchain rivals, including Bitcoin [BTC], Ethereum[ETH], and Toncoin [TON]. This transaction efficiency positively impacted the Tron…
In an in-depth discussion on the Hell Money Podcast, David Bailey, CEO of BTC Inc., shared insights into Bitcoin’s transformative potential, its geopolitical implications, and its role as a cornerstone of a new global economic framework.”I see this happening so much faster than anyone can appreciate. Within 10 years, Bitcoin will become the reserve asset of the world.” 00:00 Intro07:15 Bitcoin soft forks 11:00 Bitcoin vs. Crypto in US policy 19:20 How much political power does Bitcoin have? 23:50 Bitcoiners are politically homeless 26:20 Strategic Bitcoin Reserve 29:00 Bitcoin development and ossification 32:00 Separation of money and state 33:40 Raise your time preference 35:20 SBR as a way out…
Cuban has proposed launching a memecoin to fund the U.S. Treasury. The billionaire was less optimistic about the U.S. BTC reserve initially proposed to address U.S. debt concerns. The viral and historic on-chain capital creation by the ‘Official Trump memecoin’ has inspired more public figures. Mark Cuban has floated a memecoin idea to tackle the U.S. debt crisis. In an X (formerly Twitter) post, Cuban stated that the memecoin would mirror TRUMP but with a different twist. “If memecoins are the way, maybe I’ll issue one. With a twist. Same terms as $TRUMP. 20% float. Same release schedule. One difference.…