Author: Yeek.io

Bitcoin has made an impressive recovery, surging over 15% since Monday’s flash crash brought the price briefly to the $89,000 level. The rebound has reignited bullish momentum, with BTC now attempting to push above a key supply zone. Analysts believe that once BTC clears these levels, it could deliver significant returns, setting the stage for a broader rally in the cryptocurrency market. Adding to the optimism, data from CryptoQuant reveals that open interest on top exchanges has climbed to 350,000 BTC and is trending upward. This surge in open interest indicates growing trading activity and heightened interest from both institutional…

Data shows the cryptocurrency derivatives sector has seen a large amount of liquidations in the past day as Bitcoin and others have enjoyed a rally. Both Crypto Long & Short Liquidations Have Been High Today According to data from CoinGlass, a significant amount of liquidations have piled up on the derivatives side of the cryptocurrency sector following the market volatility. “Liquidation” here refers to the forceful closure that any open contract undergoes after it has amassed losses of a certain degree (the exact percentage of which may differ between platforms). Below is a table that shows the data for the…

An RSI finding of 56 suggested UNI was trading below the overbought zone At press time, 67.63% of top UNI traders on Binance held long positions, while 32.37% held short positions With the larger cryptocurrency market rebounding across the board, Uniswap’s native token – UNI – broke out from a bullish price pattern. This signaled a potential upside move, with this breakout coming after a prolonged struggle the asset has faced since December 2024. Uniswap (UNI) technical analysis According to AMBCrypto’s technical analysis, UNI broke out from a descending triangle pattern on the daily timeframe, hitting the resistance level of…

Follow Frank on X. I was recently a guest on the Mr. M podcast, where the host, Maurizio (Mr. M), and I discussed many of the realities of investing in bitcoin that often aren’t discussed with enough nuance.For context, Maurizio invited me onto the show because he wanted to discuss a Take I wrote last week entitled “Don’t Buy The Bitcoin Dip,” in which I shared that we’ve already been in a bitcoin bull market for over two years and that now likely isn’t the best time to make sizable bitcoin purchases. (Please note that, in the article, I didn’t…

The 0.618 Fibonacci retracement level served as a key support zone for SHIB, signaling a possible continuation of the uptrend. Shiba Inu’s ecosystem saw a significant drop in its burn rate, with only 9.38 million SHIB tokens burned. Shiba Inu [SHIB] has gained attention for its recent price movements within an ascending channel. Strong support at $0.00002181–$0.00002238 aligns with the 0.618 Fibonacci retracement level, indicating potential for further bullish momentum. Current price dynamics of SHIB The 0.618 Fibonacci retracement level serves as a key support zone, signaling a possible continuation of the uptrend. SHIB’s bounce from this level, supported by trading…

Solana (SOL) and XRP both outperformed the overall crypto market on Thursday amid a report that President-elect Donald Trump is thinking about establishing an “America First” strategic crypto reserve. The New York Post, citing anonymous sources, reports that Trump is “receptive” to the idea of a national strategic reserve with Solana, XRP and the stablecoin USDC. All three assets were developed in association with blockchain projects that are headquartered in the US. Trump met with Ripple’s chief executive Brad Garlinghouse and chief legal officer Stuart Alderoty last week. The New York Post reports that the president-elect also met with the…

We gained access to BreachForums, a closed online forum with a thriving cybercrime community, to get a sense of the products and services being sold on the digital black market of the dark web. Here’s what we found. This article is written for educational purposes, and doesn’t encourage the use of the darkweb. What is the dark web? As a quick bit of background information, let’s clarify what we mean by the dark web and cybercrime forums. The dark web is a hidden part of the internet, accessible only through special browsing software like Tor, that focuses on user anonymity.…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

Cardano’s breakout and bullish patterns target $1.40, with resistance at $1.20 crucial. Market sentiment and rising active addresses reinforce $ADA’s bullish momentum and sustained growth. Cardano [ADA] has recently broken out of a bullish flag pattern on the daily timeframe, signaling the potential for further gains. At press time, ADA was trading at $1.12, reflecting an impressive 7.11% increase over the last 24 hours.  The chart shows additional bullish patterns, such as a cup-and-handle and an inverted head-and-shoulders formation. These patterns further support the possibility of an extended rally. If ADA manages to surpass the $1.20 resistance level, it could…

Bitcoin has surged past the $102,000 mark, signaling a strong bullish trend as anticipation builds ahead of President-elect Donald Trump’s inauguration day. With his pro-crypto stance widely known, many analysts believe Trump’s presidency could usher in a new era of growth for BTC and the broader cryptocurrency market. This optimism is fueling significant interest among investors, who see the potential for explosive market performance in the coming months. Top analyst Axel Adler recently shared his insights, highlighting that Bitcoin’s market dynamics are firmly in a growth phase. Adler emphasized that BTC’s price action reflects heightened confidence, with institutional and retail…