Author: Yeek.io

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,…

What is Hyperliquid?Hyperliquid is a high-performance layer-1 blockchain optimized for speed, low costs, and seamless trading. It focuses on decentralized trading through its native exchange, which integrates user-owned liquidity for spot and perpetual contracts.Key Aspects of HyperliquidHistory and TeamHyperliquid Labs, founded by Harvard classmates Jeff Yan and Iliensinc, leads the project. The team includes experts from Caltech, MIT, and top companies like Citadel and Airtable. They began with crypto market-making in 2020 before shifting focus to DeFi. Importantly, the project is entirely self-funded, with no external capital or paid market makers.Blockchain FeaturesFast Block Times: Transactions finalize in 0.2 seconds, enabling…

0The non-fungible token (NFT) market continues to face challenges in 2025, with two more NFT marketplaces — Quidd and MakersPlace — announcing closures.Quidd NFT marketplace shuts downQuidd, an NFT marketplace under Animoca Brands, announced its closure earlier this month. The marketplace stopped operations on January 3, 2025, with the shutdown set to be finalized by January 31, 2025.A statement on the website read: “It is with a heavy heart that we share the news of Quidd’s closure. Since our beginning, we have been honored to build a space where collectors, artists, and enthusiasts could come together to celebrate the vibrant…

There are two main ways to own crypto: be part of creating it or exchange value for it. The latter is now the most popular way. However, the former, of which crypto mining is a big part, used to be doable for regular people, but now it’s way harder. The costs for special hardware required and electricity have gone through the roof, so mining isn’t really an option for most people anymore. Plus, big mining companies with tons of expensive gear are running the show now.   However, if you are still interested in mining cryptocurrency, there are still some…

Solana hits $10 billion in TVL, driven by protocol advancements and stablecoin liquidity DeFi ecosystem saw rapid growth as Solana’s technology attracts retail and institutional investors Solana’s DeFi ecosystem is making headlines once again, crossing the $10 billion mark in TVL for the first time in three years. This milestone highlights Solana’s recovery from FTX’s collapse and a resurgence of confidence in its ecosystem. With innovative technology, growing protocol adoption, and rising liquidity, Solana is reclaiming its place in DeFi. The key question is this – What factors are driving this growth, and how high can Solana’s TVL go as…

The Securities and Exchange Commission has filed charges against Nova Labs for allegedly conducting unregistered securities offerings and making false statements about business partnerships to mislead investors. According to the SEC’s complaint, Nova Labs has been selling unregistered investment contracts since April 2019 through two main products: “Hotspots” — electronic devices that mine three different Nova Labs crypto assets (HNT, MOBILE, and IOT tokens), and a “Discovery Mapping Program” that rewards users with MOBILE tokens for providing network data. The complaint alleges that Nova Labs promised investors their Hotspots and participation in the Discovery Mapping Program would generate returns through…

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…

The crypto market witnessed a great week. Especially, the $TRUMP token was quite the major piece of news this week. A trader raked in more than $20 million in one hour. After launching the token, the FDV reached $15 billion, therefore collecting huge profits for early investors. Binance meanwhile made a couple of big announcements. Residents of Uzbekistan can now finally access services on the exchange. In line with that, the company partnered with the National Agency of Perspective Projects to be able to comply with the local regulations. Moreover, Bybit also announced a partnership with Entravel. Now users can…