Author: Yeek.io

Jupiter rocketed past the local resistance zone at $0.95, and the price was just below the $1.15 resistance at press time There is potential for a drop to $1.06 in the near future Jupiter [JUP] saw a 36.76% hie on Saturday, 18  January. The last 24 hours of trading saw 34% gains and a 678% hike in the daily trading volume for Jupiter. This seemed to be a strongly bullish sign for the altcoin. The altcoin’s market structure was bullish on the daily and that 4-hour charts. However, there may be potential for a retracement towards $1. How deep could…

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…

It’s safe to say that the crypto market has likely never been this hot, with Donald Trump set to sign an executive order making cryptocurrency a US national priority and encouraging and guiding government agencies to collaborate with the industry. Additional proof of Trump’s unprecedented positive impact on crypto is the fact that around 46% of capital invested by crypto VC funds in Q4 2024 was poured into startups in the United States. So, institutional investors have shown their hand; they’re betting on the US’s upcoming administerial changes and pro-crypto stance to catapult the industry to new heights. The best…

Whale activity and bullish patterns suggested DOGE may challenge its key $0.415 resistance Rising active addresses and shifting sentiment hinted at potential upside momentum for Dogecoin Dogecoin [DOGE] caught the attention of the crypto community today after 90,000,000 DOGE, worth over $36 million, were transferred to Binance. This significant whale movement has fueled speculations about its possible impact on the memecoin’s price action.  At press time, DOGE was trading at $0.3957, following a 1.17% decline in the last 24 hours. In light of this momentum shift, traders are now keen to know if DOGE can break through its current consolidation…

Toncoin is shaping financial solutions by facilitating a robust ecosystem and propagating innovative technological capabilities. However, compared to its Layer-1 counterparts like Ethereum and Binance Coin, the Toncoin network is largely unexplored. This won’t be for long as Elluminex prepares to enter the fray and redefine the DeFi market on the fast-growing TON blockchain. Its all-in-one utility and ambitious vision could steer it for a massive breakout like Sui (SUI), which launched a cross-chain USDC transfer protocol, a key development that could place it in a position to grow its user base. This new feature enables smooth USDC transfers across…

Base, the layer-2 blockchain network launched by Coinbase, is doing well in decentralized finance and the non-fungible token industries. According to DeFi Llama, Base has become the biggest layer-2 network in crypto. It has 410 dApps in the decentralized finance industry. Some of its biggest DeFi ecosystem players are Aerodrome, Uniswap, Morpho Blue. and Moonwell.  Morpho, an AAVE rival, will likely continue growing after Coinbase announced that it will offer Bitcoin-backed loans on its platform.  Base’s DEX networks have continued to dominate the layer-2 industry in terms of volume. Protocols in its ecosystem have handled transactions worth $264 billion since…

Este artículo también está disponible en español. Flockerz ($FLOCK) meme coin is in the final stages of its presale, which is set to end on January 22. So, all you have is 3 days to join this one-of-a-kind Vote to Earn (V2E) decentralized meme coin. The V2E model looks to form a Decentralized Autonomous Organization (DAO) known as FlockTopia. The DAO puts the power of decision-making in the hands of the token-holder community. Each $FLOCK holder can vote on crucial decisions like key project developments, marketing strategies, token burn, expansion plans, and so on. This way, the power to decide…

Shiba Inu price retreated during the weekend as crypto traders’ attention possibly shifted to Official Trump. Shiba Inu (SHIB) token retreated to $0.00002099, down by 9%. Source: CoinGecko Its retreat mirrored that of other popular meme coins like Pudgy Penguins, Dogwifhat, Popcat, and Peanut the Squirrel.  One potential reason for this price action is that some traders rotated from Shiba Inu to Official Trump (TRUMP), which has a fully diluted valuation of over $71 billion. Shiba Inu has several catalysts that may push its price higher. First, Bitcoin (BTC) continued rising and moved closer to the all-time high of $108,200.…

Prominent crypto analytics platform Santiment is alerting that several altcoins may be flashing a bearish signal. In a post on the social media platform X, Santiment says that some altcoins – including Sam Altman’s digital identification platform Worldcoin (WLD) and memecoin SPX6900 (SPX) – are being sent to exchanges in relatively large volumes. Generally speaking, coins being sent to exchanges is bearish since it implies more of the supply is available to be sold off on the open market. Other coins flashing the bearish signal include the governance token of the cloud-based blockchain platform Onyxcoin(XCN), the native asset of the…

Bitcoin (BTC), the flagship crypto asset, presently trades above $104,000 following a significant 10.98% price rally in the last week. Despite recent sideways movements after a rejection in the $105,700 zone, certain trading indicators signal this uptrend is likely to continue leading to new price discovery. Bitcoin Growth Hinges On Two Critical Resistance Levels In a recent post on X, renowned crypto analyst Burak Kesmeci shared an interesting forecast on the BTC market based on the Bitcoin Gold Ratio Multiplier. As the name implies, the Bitcoin Gold Ratio Multiplier measures the relation between BTC’s price and the value of gold,…