Author: Yeek.io
Ethereum’s supply has surged to 120,501,906, and it is currently approaching its highest level in nearly two years. The number of validators on the network has also dropped by around 2% in the last three months. Ethereum’s [ETH] has recorded a significant increase in its total supply, which is approaching its highest level in nearly four years. The rising supply is hindering Ethereum’s potential for gains given that in recent months, it has underperformed against Bitcoin [BTC] and other top altcoins. ETH supply nears two-year high CryptoQuant data shows that ETH’s supply currently stands at 120,501,906, which is its highest…
Ki Young Ju, who is the CEO of CryptoQuant, has said that Donald Trump has set a new era for meme coins. In a recent post on X, Ki noted how Trump’s launch of TRUMP capitalizes on the retail investing trend that continues to dominate, turning speculative fervor into a potent force. With the advent of the Official TRUMP (TRUMP) token, which launched on Jan. 18, Trump is moving forward with speculation on retail-driven crypto markets to secure profits by leveraging his enormous fan base. Trump Opened the Era of Meme CoinsFor retail investors, financial markets have always been about…
What Are Crypto Payment Gateways?Platforms or services that let companies take payments in cryptocurrencies like Bitcoin, Ethereum, and others are known as crypto payment gateways. They handle consumer-merchant transactions, transforming virtual currency into a format that companies can easily handle. By enabling shops to accept payments in fiat currencies like USD or EUR, this real-time conversion lowers their exposure to changes in the price of cryptocurrencies.Key Features of Crypto Payment GatewaysThese platforms offer features that simplify cryptocurrency transactions for businesses, including:Real-Time Conversion: Immediately converts crypto payments into fiat money, which insulates against market volatility. Multi-Currency Support: The facility to handle payments…
Cross-chain Ethereum-based protocol Orbiter Finance announced it will be sponsoring Donald Trump’s inauguration speech, alongside the airdrop of its new governance token. According to data from Etherscan, Orbiter Finance has already made its first donation of 10 ETH (ETH), worth around $33,607, to the smart contract wallet for Trump’s token, World Liberty Financial. The donation was made through Orbiter’s OmniChain interoperability protocol. Donald Trump is scheduled to be sworn in as president on Monday, Jan. 20 inside the Capitol rotunda around mid-day. In a recent post, the protocol also vowed to keep sending donations throughout Donald Trump’s presidency after he…
Introducing the MELANIAUSDT Perpetual Contract A new trading option is being added to the marketplace by Binance Futures. The MELANIAUSDT Perpetual Contract will be accessible with up to 25x leverage on January 20, 2025, at 9:30 (UTC). This launch improves the user experience and increases trading options. Melania Meme (MELANIA) serves as the underlying asset for the MELANIAUSDT contract. It offers trading around-the-clock and will settle using USDT. With the tick size set at 0.001, traders can access leverage of up to 25x, guaranteeing price accuracy. Source: Binance In order to preserve a stable trading environment, funding costs are resolved…
Homepage > News > Editorial > Trump’s inauguration, BTC Strategic Reserve, principles crisis As the debate over Bitcoin’s future rages on, and the executive orders of the Trump era are imminent, a troubling trend solidifies into what I think could be a horrible reality. The BTC maximalists call for a series of drastic measures that fundamentally contradict the ethos of the technology they claim to champion. This time, they’re not just betraying Bitcoin itself, but they’re also turning away from the principles they claimed to champion in the Bitcoin Civil War. Like pure chameleons, in five years’ time, they have…
MELANIA and TRUMP coins dominate memecoin trends, with soaring prices and trading volumes. The crypto community debates the impact of political memecoins on utility-driven cryptocurrency projects. Melania Trump, the First Lady of the United States, launched her own Melania Meme[MELANIA] memecoin. It skyrocketed to $13 and reached a $2 billion market cap within hours. The announcement came shortly after President Donald Trump unveiled his Official Trump[TRUMP] memecoin, sparking a frenzy in the cryptocurrency market. Donald Trump and Melania Trump’s official statement As expected, Melania Trump announced the launch of her memecoin, MELANIA, via a social media post, stating, “The Official…
Solana is currently the fifth-largest digital asset. SOL’s price surged to an ATH before retracing. In an interesting turn of events, Solana [SOL] briefly surpassed Tether [USDT] to claim the fourth-largest spot in the cryptocurrency rankings by market capitalization. This surge was driven by a remarkable rally in SOL’s price, which soared to a high of $295 in the last trading session. While SOL has since retraced to the fifth position with a market cap of $126 billion, the question remains: Could Solana challenge Ethereum [ETH] next? Memecoin mania fuels Solana Solana’s brief flip of USDT was fueled by a…
Can Dogecoin realistically surge to the $20 region or higher? In a Elliott Wave Theory breakdown, crypto analyst XForceGlobal presented a case for why the popular meme-coin could continue its upward trajectory. He referred to Dogecoin as “the king of all meme coins” and emphasized that historical price action provides vital clues to its future, stating, “If a coin has long historical data to work with, it pairs very nicely with Elliott Wave theory because it helps reduce the impact of noise within the shorter time frames.” Dogecoin To $20? Pointing to Dogecoin’s massive rise from about $0.001 to its…
Este artículo también está disponible en español. Solana (SOL) showcased massive volatility over the weekend, delivering a rollercoaster ride for traders and investors. On Sunday, SOL reached a new all-time high of $295, marking a significant milestone in its bullish trajectory. However, the celebration was short-lived as the price swiftly retraced over 20% to hit the $229 mark, causing concern among market participants. Yet, in a testament to its resilience, Solana bounced back strongly, climbing to $272 and reigniting bullish sentiment. Related Reading Top analyst Jelle provided valuable insights into Solana’s price action, highlighting the significance of key levels turning…