Author: Yeek.io

The Bitcoin price and the broader crypto market surged following Donald Trump’s election victory in November, with the rally gaining fresh momentum in the days leading up to his inauguration on Jan. 20. Crypto enthusiasts are largely sold on Trump’s image as the industry’s messiah, bolstered by his self-styled role as a champion of pro-crypto policies. But are these hopes grounded in reality, or is the market caught up in make-believe? During his rousing speech in Nashville last July, Trump made bold promises to transform the U.S. into the crypto capital of the world. To support this vision, he affirmed…

Cardano price started a fresh decline below the $1.050 zone. ADA is consolidating and might struggle to start a fresh increase above the $1.0250 level. ADA price started a fresh decline from the $1.150 zone. The price is trading below $1.0550 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $1.040 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $1.050 resistance zone. Cardano Price Faces Hurdles After struggling to stay above the $1.150 level, Cardano started a fresh…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A new meme coin catches investor attention as the crypto bull run fuels buzz about coins with meteoric growth potential. Cryptocurrency enthusiasts are buzzing about the latest opportunities in the market as the bull run gains momentum. A select few digital currencies are catching the eye of investors with their exceptional growth potential. Among these, one new meme-inspired coin stands out, with whispers of it possibly hitting meteoric heights. Discover the promising candidates that might redefine crypto success. Catzilla…

XRP price started a fresh increase above the $3.050 level. The price is holding gains and might continue to rise if it clears the $3.20 resistance. XRP price gained over 15% and rallied toward the $3.40 zone. The price is now trading below $3.250 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3.20 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $2.880 support. XRP Price Dips To Support XRP price managed to start a fresh…

Homepage > News > Business > Hong Kong launches blockchain incubator for banks Hong Kong’s central bank recently launched a new initiative to support local banks as they launch blockchain products, with tokenization as one of the key focus areas. Elsewhere, one of El Salvador’s leading financial service providers has launched a new platform to issue tokenized assets as the Central American nation pushes its pro-digital asset agenda. Hong Kong’s blockchain incubator The Hong Kong Monetary Authority (HKMA) described the new incubator as a “new supervisory arrangement” that will allow local banks to “maximize the potential benefits of DLT adoption…

Melania Trump’s newly launched meme coin, Melania Meme (MELANIA), has caused a sharp decline in demand for Donald Trump’s Official Trump (TRUMP) coin. As a result, TRUMP’s market cap has dropped by 55% in just 10 minutes, entering a bear market phase. On January 20, Melania Trump, the former First Lady of the U.S., announced the launch of her meme coin, MELANIA, on X. Following her post, Donald Trump shared her announcement during his Victory Rally. This unexpected move led to a sharp drop in demand for TRUMP, a meme coin Donald Trump had launched just 48 hours earlier. The…

DOT’s price action pulled back after its previous uptrend failed to drum up enough liquidity Level of demand or sell pressure could be key, especially as market excitement grows Polkadot’s native cryptocurrency DOT might be a good candidate for a bullish rally as excitement comes back into the market. However, the altcoin just recorded a botched attempt at a major breakout from its wedge pattern. In fact, DOT has been in an overall bearish trend since December. However, it has so far demonstrated support at the $6 price level. Meanwhile, the upper limits of the trend were restricted by a…

Este artículo también está disponible en español. Bitcoin price started a short-term downside correction from the $106,250 zone. BTC is consolidating above $100,000 and might aim for a fresh increase. Bitcoin started a downside correction from the $106,250 zone. The price is trading below $103,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $104,650 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 Holds $100K Bitcoin price started a…

Este artículo también está disponible en español. Ethereum price started a downside correction from the $3,500 resistance. ETH is consolidating above $3,120 and facing many hurdles. Ethereum failed to gain pace for a close above $3,500 and corrected gains. The price is trading below $3,320 and the 100-hourly Simple Moving Average. There is a short-term connecting bearish trend line forming with resistance at $3,380 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it clears the $3,300 resistance level. Ethereum Price Dips To Support Ethereum price started a decent upward move above…

Solana set a new all-time high, hitting $290 at press time while continuing to climb higher CMF was at highs previously seen in March 2024, highlighting remarkable capital inflows Solana [SOL] dominated the large-cap crypto mindshare. Over the last 24 hours alone, it gained by 18.8% on the charts while the rest of the top 10 (excluding stablecoins) had gained by less than 5% at best. In fact, some of the major altcoins had posted losses too. This phenomenon was unique, but not unprecedented. During the last bull run, there was a time when Dogecoin [DOGE] rallied by nearly 1000%…