Author: Yeek.io

Analysts point to sustained demand as the driving force behind this rally. Data from the BTC/USD one-day chart highlights bullish signals, with the Balance of Power (BoP) indicator standing at 0.75. This suggests buyers remain firmly in control, pushing Bitcoin’s value higher.Spot market activity has also spiked, with inflows reaching a 30-day high of $316 million, according to Coinglass. Increased spot inflows often signal heightened buying interest, indicating growing demand for Bitcoin amid limited supply.Looking ahead, Bitcoin could test the $110,000 mark if the current buying trend continues. However, any surge in sell-offs could push prices below $100,000, potentially falling…

Amidst a strong resurgence of the general crypto market, Ethereum has gained traction as evidenced by a rebound from the $2,900 threshold. Recording an over 10% upswing in the last few days, ETH continues to maintain its position as a leading crypto asset capable of witnessing significant growth in the ongoing bull cycle. Strong Momentum Building Up For Ethereum Ethereum’s price action shows that the digital asset could be poised for an extension of its recent upward movement. Delving into ETH’s recent performance, Rose Premium Signals, a technical analysis platform cites an optimistic chart pattern that might bolster the altcoin…

SHIB failed to exit its four-week consolidation zone, courtesy of sell pressure-heavy weekend. The memecoin struggled with weak demand alongside some of its top peers. Shiba Inu [SHIB] was off to a bearish performance last week, but the bears have swiftly regained control, paving the way for a weekend retracement. As a result, the memecoin lost its silver position in the memecoin rankings. Shiba Inu exchanged hands at $0.000020 at press time, after giving up the gains achieved last week. It rallied by 26% from last week’s lowest to highest price level. This latest pullback resulted in a retest of…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The digital money landscape is evolving, with Ripple, Solana, Dogecoin, and XYZVerse emerging as potential leaders by 2025, each bringing unique strengths to the crypto space. The landscape of digital money is shifting. Four coins may rise to prominence: Ripple, Solana, Dogecoin, and XYZVerse. This piece explores the factors that could make them leading tokens by 2025. Discover what makes these coins stand out and why they might be significant for future portfolios. XYZVerse secures $5m in presale with…

Homepage > News > Business > UK’s CBDC advances with creation of sandbox-like laboratory The Bank of England (BoE), the central bank of the United Kingdom, recently delivered a progress update on the design phase of the digital pound, in which it announced the creation of a ‘Digital Pound Lab’ to enable “hands-on experimentation,” as part of its ongoing preparation for a potential central bank digital currency (CBDC). “Over the course of the past year, we have made progress in the design phase of the digital pound project, laying a solid foundation for the next stages,” said the BoE. “Our efforts have…

Melania Trump’s crypto coin soared to as high as 76% after Binance announced it will be providing trading support for USDT-base perpetual contracts for MELANIA. MELANIA (MELANIA) is being launched on Binance through USDT (USDT)-based perpetual contracts with leverage of up to 25x. The meme coin contracts will be available on the major crypto exchange’s platform starting from Jan. 20, 2025 at 09:30 UTC. This launch comes just two days following the debut of Binance’s TRUMPUSDT perpetual contracts on Jan. 18. In a recent announcement published on Jan. 20, Binance said it would settle the contract in USDT with a…

Six Chinese nationals were arrested in Jeju, South Korea, for allegedly assaulting a dealer and stealing $689,000 during a stablecoin exchange. Authorities in Jeju Island, South Korea‘s largest island, have arrested six Chinese nationals for allegedly stealing 1 billion won (nearly $690,000) during Tether (USDT) transaction at a hotel on Jan. 16, Maeil Business Newspaper reports, citing Jeju Western Police. The group is accused of attacking the crypto dealer — known just as A — and taking the cash. The suspects, including a man in his 40s — called B —, say they’re the real victims. Police said the group…

Este artículo también está disponible en español. A key technical development on the Dogecoin (DOGE/USD) chart could hint at a bullish move if current support levels hold, according to crypto market analyst Kevin (@Kev_Capital_TA). After roughly a month in a downward-sloping pattern, DOGE appears to be rebounding off the former resistance line of this channel—an event that often garners attention among traders looking for an upswing. Dogecoin Price Ready To Skyrocket? On Sunday (Jan 19), Kevin noted that Dogecoin had been “trading in a falling channel for over a month” and was “currently back testing” the channel’s upper boundary. He…

Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Azuki 1,943.97 ETH 178 ethereum View 2 Milady Maker 720.27 ETH 133 ethereum View 3 Pudgy Penguins 658.03 ETH 33 ethereum View 4 Azuki Elementals 644.38 ETH 478 ethereum View 5 CryptoPunks 453.88 ETH 10 ethereum View 6 Bored Ape Yacht Club 352.30 ETH 24 ethereum View 7 Trump Digital Trading Cards 298.91 ETH 934 polygon View 8 Lil Pudgys 254.93 ETH 121 ethereum View 9 BEANZ Official 208.90 ETH 313 ethereum View 10 Doodles 172.05 ETH 41 ethereum…

Inflows into U.S. spot Bitcoin exchange-traded funds surged by 475% last week, fueled by expectations of a more crypto-friendly administration following President-elect Donald Trump’s inauguration. According to data from Farside Investors, the 12 spot Bitcoin ETFs recorded over $1.8 billion in inflows over the past week, marking a 475% increase compared to the $312.8 million inflows recorded the previous week. Notably, the investment products began the week of Jan. 13–Jan. 17 with two consecutive days of outflows, during which nearly $494 million exited the funds. This was attributed to a risk-off sentiment in the crypto market, driven by stronger-than-expected payroll…