Author: Yeek.io
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.…
PENGU Rallies 13% as Pudgy Penguins’ NFT Sales Slide by 52% One of the week’s standout stories involves Pudgy Penguins, a popular NFT collection that ironically saw its token rise in price while its NFT sales fell sharply. PENGU, the native meme token tied to Pudgy Penguins, jumped 13%, trading around $0.040. Launched less than a month ago, the token had already climbed 250% from its initial levels, briefly pushing its market cap above $2.8 billion before settling around $2.5 billion. Despite the token’s gains, data showed Pudgy Penguins’ overall NFT sales volume dropping by 52% in the last seven…
Although Bitcoin and Ethereum get most of the attention, other smaller altcoins are sparking change with practical solutions and promising significant returns. Those looking for major gains should consider these next altcoins to explode in 2025: BlockDAG, AAVE, Tron, and Sui—each provides distinct advantages and huge potential for growth. These projects are pivotal in the evolution of crypto, offering diverse opportunities for growth in a rapidly changing market. 1. BlockDAG: Revolutionizing Blockchain Efficiency BlockDAG (BDAG) is transforming blockchain technology with its revolutionary Directed Acyclic Graph (DAG) structure. This infrastructure enables simultaneous transaction processing, reducing network traffic and boosting scalability. Sectors…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While experts foresee the XRP price surging to $15, investors are flocking to RCO Finance to potentially secure higher returns. The XRP price has performed impressively over the past week. The altcoin reclaimed the $3 level, with analysts predicting that it might soon surge to $15. Meanwhile, RCO Finance (RCOF), an emerging AI altcoin, has made waves in the crypto-verse after securing over $11.19 million funding in its presale. XRP price surges 42% in a week XRP has grabbed…