Author: Yeek.io

Coinbase analysts and a crypto VC expect an altcoin rally after the inauguration Analysts cited weakening BTC dominance and capital inflows to altcoins Analysts believe the crypto market could be positioning itself for a massive altcoin rally after Donald Trump’s inauguration on Monday. In fact, Coinbase analysts noted that the slight drop in Bitcoin’s [BTC] dominance earlier this week drove the latest altcoin pump.  Additionally, the analysts added that traders are positioning themselves for renewed altcoin momentum under the new administration. Part of their weekly market commentary read,  “Meanwhile, the drop in BTC dominance from 58.5% to its support level…

The Bitcoin price has shown a notable recovery this week and is now back above $100,000 with renewed confidence and inflows. This has sent a wave of another bullish sentiment to the crypto market, considering that Bitcoin has spent the majority of the last two months around this level and bullish investors have been trying to break above it substantially while also preventing a break below $90,000. Thinking from a long-term perspective,the  Bitcoin price still has room to break above $100,000. Many analysts have predicted price peaks above $200,000, and some predictions are even as high as $1 million. According…

Worldcoin saw an uptick in whale sell-offs into the weekend  Altcoin’s selling pressure capped its recent recovery and dragged it towards $2 On 17 January, Worldcoin [WLD] recorded massive profit-taking by whales to capitalize on its recent 22% recovery gains. In fact, according to the analytics platform Santiment, WLD was among those that saw a +$1M sell-off on Friday.  Nearly 5M WLD tokens (4.73M, worth over $9M) were dumped on centralized and decentralized exchanges, as illustrated by the spike in Exchange Inflows (red). Source: Santiment This was part of the sell pressure that began in late December, as revealed by…

Este artículo también está disponible en español. Crypto analyst Tony Severino has provided some insights into the current Bitcoin price action. He revealed that the Bitcoin upper hand has moved above $105,400 and hinted at where the flagship crypto could be heading next. What’s Next For Bitcoin Price As Upper Band Moves Above $105,400? In an X post, Severino revealed that Bitcoin’s upper band is now above $105,400. With this development, he alluded to a previous analysis in which he revealed what could happen once the price breaks above $105,400. In the analysis, the crypto analyst mentioned that things could…

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…

Whale investment and a cup-and-handle pattern hinted at potential bullish momentum for PEPE On-chain data and declining MVRV highlighted cautious optimism A whale’s $2.1 million investment into PEPE has sparked speculation within the crypto community. Purchasing 107.89 billion PEPE tokens at an average price of $0.0000194, the move is a sign of growing confidence in the memecoin’s potential.  At press time, PEPE was trading at $0.00001884, following a modest 1.34% hike over the last 24 hours. However, could this significant buying pressure signal an impending rally for PEPE, or will the token face resistance that dampens its momentum? Breaking resistance…

The rise of Web3 technology is transforming industries, with key cryptocurrencies driving this shift. Projects like Web3Bay (3BAY), Injective (INJ), Akash Network (AKT), AIOZ Network (AIOZ), and Filecoin (FIL) are addressing urgent needs in decentralized commerce, data handling, and cloud solutions. These best long term cryptos are boosting their infrastructure with groundbreaking features, enhanced scalability, and strong community support. By enabling secure transactions, enhancing data storage, or refining financial services, these platforms are laying the groundwork for a decentralized and more efficient digital future. 1. Web3Bay (3BAY): Leading Decentralized E-Commerce Web3Bay is reshaping e-commerce by tackling key issues like high…

XRP gained 42% in the past week, after rallying close to 1% on Friday. The altcoin hit a new all-time high, with the 24-hour trade volume leaving Ethereum (ETH) to bite the dust on Thursday. The token could extend its streak in the coming days following President-elect Donald Trump’s inauguration.  XRP could extend rally alongside Bitcoin  XRP rallied over 40% in the past week. Bitcoin (BTC), the largest cryptocurrency recovered from its flashcrash under $90,000 and made a comeback above $104,000 on Friday. The native token of the XRPLedger is rallying alongside the top crypto.  Trump’s upcoming inauguration is one…

Non-fungible Tokens (NFTs) introduced new ways to define ownership, scarcity, and intellectual property monetization. However, the growth of the NFT market exposed critical limitations of the technology, such as high transaction costs and scalability issues, particularly on Ethereum, where it was implemented. These challenges hindered broader adoption and prompted the development of alternative blockchain solutions. One such innovation is compressed NFTs (cNFTs), which were introduced on the Solana blockchain to address these issues. Compressed NFTs aim to offer a cost-efficient and scalable alternative to traditional NFTs by leveraging Solana’s high-speed transactions and low fees. This article examines the origins, features,…

Memecoin’s bulls had a slight edge over the bears, based on its indicators Liquidation heatmap highlighted the local highs as a short-term target  Bonk [BONK], at the time of writing, was on the verge of flipping the $0.0000338-level to support. However, in recent hours, the bulls faced some resistance at the 61.8% retracement level. In fact, the technical indicators revealed that the bulls had a slight advantage. In light of Bitcoin’s [BTC] positive performance ahead of the U.S. presidential inauguration on 20 January, there may be some bullish hope for the memecoin. And yet, BONK traders must be wary of…