Author: Yeek.io
Will the SEC approve VanEck’s entry into the growing digital asset investment space? On Jan. 15, 2025, asset management company VanEck filed an application with the U.S. Securities and Exchange Commission for the “Onchain Economy” exchange-traded fund. Matthew Sigel, VanEck’s head of digital assets research, disclosed the filing in a now-deleted social media post, revealing the company’s ambitious plans to invest in the rapidly growing digital transformation sector. Deleted a post on an ETF filing.Details coming soon— matthew sigel, recovering CFA (@matthew_sigel) January 15, 2025 The proposed ETF aims to allocate at least 80% of its assets to businesses and…
Dogecoin has struggled to embark on a bullish trend after November’s run Realized cap HODL waves showed some encouraging signs for buyers Dogecoin [DOGE] gained by 18% in 36 hours to move from Monday’s lows at $0.3097 to $0.3653 on Wednesday. This move saw the memecoin retest the $0.36 resistance zone that has been a significant area of demand, then supply, since mid-November. The drop in daily active addresses was a concern, but other metrics indicated some HODL behavior and accumulation. A rise in Open Interest and analysis of the DOGE/BTC pair showed that the $0.3 level could be a…
A popular crypto strategist thinks an altcoin in the decentralized finance (DeFi) space looks strong against the US dollar and Bitcoin (BTC). Pseudonymous analyst Bluntz tells his 308,500 followers on the social media platform X that DeFi lending platform Aave (AAVE) is flashing multiple bullish signs on the eight-hour chart. “AAVE [is] one of my favorite looking alts here, clear ABC down on the eight-hour chart, clear five waves within the C wave AND a cracking eight-hour bullish divergence brewing. T1 (tier-one) setup in my opinion.” Source: Bluntz/X Bluntz follows the Elliott Wave theory, which states that a bullish asset…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. RCO Finance predicted to have a surge similar to Dogecoin and Shiba Inu in 2021, potentially turning $800 into $80k. Dogecoin (DOGE) and Shiba Inu (SHIB) became successful crypto stories, turning small investments into massive gains. What started as meme-based coins gained buzz thanks to social media hype, a passionate community, and influential endorsements. Another token creating a similar buzz is RCO Finance, as analysts believe it could follow a similar path, potentially turning $800 to $80,000. DOGE and…
Este artículo también está disponible en español. Technical analysis of the Bitcoin price chart shows that the leading cryptocurrency is still on the way to breaking above $100,000 in light of a pattern formation on the Bitcoin price chart. Notably, an analyst has pointed to a wedge pattern forming on Bitcoin’s 4-hour candlestick timeframe chart as the precursor to this bullish upside move, while dismissing earlier projections of bearish momentum arising from a head-and-shoulders pattern. The Wedge Formation: A Breakout To $100,000? According to the analysis, which was posted on the TradingView platform, Bitcoin is currently trading within a falling…
What is Ethereum, the Project? The Ethereum Project is an open source, community-driven effort designed to create a next-generation distributed application platform intended to be maximally flexible and powerful in the possibilities that it enables. What is Ethereum, the Platform? The Ethereum Platform combines a generalized peer-to-peer networking platform with next-generation blockchain architecture to deliver a decentralized consensus-based (decentcon), full-stack platform for developing, offering and using distributed application services. A consumer-facing application, called the EtherBrowser, integrates the front and back ends to create an environment in which anyone can easily and rapidly build highly secure, scalable and interoperable decentralized applications.…
NFT airdrops are a popular way for new blockchain projects to give away free tokens or digital assets to their communities. If you’ve ever wondered how some people keep finding valuable non-fungible tokens (NFTs) and selling them for profit, airdrops might be a big part of their strategy. But how do you get started? And more importantly, how can you maximize the benefits of these free NFT giveaways? In this beginner-friendly guide, we’ll walk through seven proven strategies to help you take full advantage of NFT airdrops. Along the way, we’ll simplify any technical terms so you can jump in…
This upward movement indicates heightened market interest for AIXBT, likely influenced by the whale’s investment. Despite this, the token’s MVRV has not yet reached extreme levels often associated with market tops, suggesting that the rally could extend if buying momentum remains robust. A recent acquisition of 3.47 million aixbt by Virtuals [AIXBT] tokens, valued at approximately $1.96 million, has captured significant attention in the cryptocurrency community. This purchase by a prominent investor highlights the growing interest in AIXBT and suggests potential implications for its market dynamics. Price action analysis Following the whale’s acquisition, AIXBT’s price experienced notable volatility. The token’s…
Este artículo también está disponible en español. Donald Trump wird in wenigen Tagen der neue Präsident der USA. Für die Kryptoszene ein Event, das mit viel Spannung erwartet wird, immerhin werden von den positiven Auswirkungen seiner Maßnahmen Kurssteigerungen für Bitcoin, Ethereum & Co. erwartet. Doch was genau plant die neue US-Regierung? Und welche Chancen ergeben sich daraus für Anleger? Erste Krypto-Amtshandlung von Donald Trump bekannt Am 20. Januar wird Donald Trump als neuer Präsident der USA vereidigt. Schon jetzt deuten Berichte der Washington Post darauf hin, dass der Republikaner am Amtstag Nummer eins eine neue Regelung einführen dürfte, die auch…
Este artículo también está disponible en español. The Bitcoin price has recovered above $97,000, providing a bullish outlook for the flagship crypto. Despite this development, BTC traders still look apprehensive as their strategy suggests they are still bearish on the current price action. Bitcoin Traders Turn Bearish Following Price Recovery In an X post, crypto analyst Ali Martinez revealed that Bitcoin traders have turned bearish despite the price recovery above $97,000. The crypto analyst mentioned that the percentage of traders on Binance betting BTC will rise has declined from 66.35% to 55.22% over the past 24 hours. Related Reading Source:…