Author: Yeek.io

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…

A relatively new Ethereum (ETH) layer-2 scaling solution has soared to the top of Santiment’s rankings of ERC-20 coins in terms of recent development activity. The crypto analytics firm notes that Starknet (STRK) clocked 401.97 notable GitHub events over the past 30 days. Starknet is a decentralized validity rollup, otherwise known as a zero-knowledge (ZK) roll-up. Rollups are solutions that execute transactions outside of Ethereum’s blockchain but record the transactional data. The project launched its token last February. STRK is trading at $0.455 at time of writing. The 119th-ranked crypto asset by market cap is up more than 7% in…

The Dogecoin price has recently broken out of a Symmetrical Triangle pattern, signaling a potential for a bullish momentum. Interestingly, this breakout occurred just three days before Donald Trump’s presidential inauguration. Due to the timeline, a crypto analyst has issued a bullish price prediction, forecasting that Dogecoin could reach new all-time highs soon.  Dogecoin Price Breaks Out Of Bullish Chart Pattern In an X (formerly Twitter) post on Friday, Master Kenobi, a prominent crypto analyst, presented a technical analysis of Dogecoin using historical data and technical patterns to forecast the meme coin’s future price. The analyst’s chart shows a Symmetrical…

For many, cryptocurrency feels less like an investment and more like a roll of the dice. The dramatic price swings, meme coins like Dogecoin and Shiba Inu, and the infamous “get-rich-quick” stories create an atmosphere reminiscent of a casino. But does cryptocurrency inherently encourage a gambling mentality, or is it the behaviour of participants that makes it feel that way? Take Warren Buffett’s view, for instance. The “Oracle of Omaha” doesn’t mince words. “Bitcoin is a gambling token, and it doesn’t have any intrinsic value. But that doesn’t stop people from wanting to play the roulette wheel,” he stated in…

XRP’s selling pressure has been waning in the near-term, based on metrics and price action Rising leverage ratio was a result of bullish optimism, but also a warning to futures/perp traders XRP has been in the news this week after it hit a 7-year high and pushed beyond the $3-mark on the charts. Since 01 January, the altcoin has gained by 52%,  with whale accumulation being strong too. In fact, whales have bought more than 1.4 billion XRP in the last two months – A 35% hike in demand. Metrics also revealed reduced deposits of XRP to exchanges. Thus, AMBCrypto…

Este artículo también está disponible en español. Dogecoin has cleared the $0.4 mark again after a few days of interesting price inflows that have caused its price to rebound notably from $0.31. This strong upward movement has allowed Dogecoin to reverse the price losses it incurred in the previous week. Related Reading Furthermore, this recent rally has positioned Dogecoin back on track for further upward movement, and the next outlook is price targets to expect in the case of a continued rally henceforth. A technical analysis on the TradingView platform highlighted a compelling comparison between Dogecoin’s current price movements and…

Este artículo también está disponible en español. Raydium (RAY) has had an exceptionally bullish week, surging over 62% in less than six days and capturing the spotlight in the decentralized exchange (DEX) market. This impressive rally has positioned Raydium as a market leader, with strong momentum that shows no signs of slowing down. The cryptocurrency recently cleared last year’s high, a significant milestone that further bolsters its bullish outlook. Related Reading Top analyst BigCheds shared insights into Raydium’s performance, highlighting its relative strength in the market. According to BigCheds, the token’s ability to outperform in a volatile environment signals strong…

Do you know you can use your crypto holdings as collateral to obtain loans to build or buy your next house? With crypto becoming an increasingly viable asset class, mortgages based on it are now becoming commonplace. This innovative financing option allows borrowers to retain ownership of their digital assets while accessing the funds needed to purchase the property or do whatever they want. In this article, we discuss how to leverage crypto assets to finance their projects, covering the benefits, risks, and steps involved in securing a crypto-backed mortgage. What is a Crypto-Backed Mortgage? Crypto-backed mortgages allow borrowers to…