Author: Yeek.io

Este artículo también está disponible en español. After Monday’s drop, Ethereum (ETH) fell below key support levels and hit its lowest price since November. Nonetheless, several market watchers remain bullish, predicting a massive rally for the cryptocurrency this quarter. Related Reading Ethereum Drops To Two Month Lows Ethereum started the week with a significant correction, falling from the weekend range to its lowest price in two months. Over the weekend, Ethereum hovered between $3,200 and $3,340 after recovering from last week’s lows. Amid this performance, crypto analyst Ali Martinez pointed out that ETH’s most critical resistance was between $3,360 and…

Homepage > News > Business > Russia’s largest lender Sberbank joins CBDC pilot Russia’s largest lender, Sberbank, is among the new participants in the second pilot for the country’s central bank digital currency (CBDC), the digital ruble. The Bank of Russia (BOR) launched the first CBDC pilot in August 2023 after passing a legal framework that paved the way for a digital version of its ruble. It involved 13 commercial banks in 13 cities, but the country’s biggest bank wasn’t among them. The exclusion was curious, especially since BOR is the majority stakeholder of Sberbank with over 60% ownership. The central bank has…

With asset reallocations ahead of Trump’s January 20th inauguration, can WLFI attract more interest and strengthen its position in the DeFi market? World Liberty Financial (WLFI), a decentralized finance project supported by President-elect Donald Trump and his sons, Eric Trump, Donald Trump Jr., and Barron Trump, recently addressed queries regarding its recent crypto transactions. On Jan. 15, WLFI communicated via social media to clarify that these transactions were standard treasury management practices, not sales of tokens. We’re making routine movements of our crypto holdings as part of regular treasury management, and payment of fees and expenses and to address working…

A Solana (SOL)-based memecoin is surging after gaining support from top US crypto exchange Coinbase. In a post on the social media platform X, Coinbase announces the addition of Peanut the Squirrel (PNUT) to its platform for spot trading. Amid the news, Peanut the Squirrel is up 26.9% on the day. PNUT is trading for $0.62 at time of writing, and with a market cap of $627.9 million, the memecoin is the 165th largest crypto project. Coinbase signaled last month that a PNUT listing would occur at some point after adding the digital asset to its listing roadmap. Coinbase uses…

Bitcoin is trading above $95,000 after a rollercoaster Monday that saw the market plunge and recover in rapid succession. The price dropped over 6%, setting a fresh low around $89,000, before staging a swift rebound that propelled it back to $96,000 within hours. The volatility underscores the heightened uncertainty in the market as BTC consolidates near critical levels. Amid this turbulence, top analyst Axel Adler shared insightful data highlighting a significant shift in investor behavior. According to Adler, the realized capitalization of short-term investors (0 days to 1 month) has surged dramatically, increasing from $163 billion in September 2024 to…

An analyst has explained how a crossover between these two Bitcoin metrics would have to happen before the ‘fun’ can begin for the asset. Bitcoin Realized Price Is Yet To Flip 200-Week MA In a new post on X, analyst James Van Straten has discussed about the Realized Price and 200-week moving average (MA) for Bitcoin. The “Realized Price” here refers to an on-chain indicator that, in short, keeps track of the cost basis or acquisition price of the average investor on the BTC network. When the spot price of the cryptocurrency is greater than this metric, it means the…

First of all, I would like to thank the community, and especially those close to the project who have in many cases abandoned their jobs to dedicate their time to it, for their extreme patience regarding the launch of the ether sale. We have been promising that the sale would arise in two weeks for six months, and many team members have endured substantial hardships because of expectations that we set regarding when we would be able to provide funding. We certainly miscalculated the sheer difficulty of navigating the relevant legal processes in the United States and Switzerland, as well…

AI-powered assistants are opting for Solana more than ever, attracted by its ability to scale smoothly and keep costs down. According to a recent report by Franklin Templeton, 70% of AI-powered virtual assistants, known as AI agents, choose to operate on the Solana (SOL) blockchain. This preference is largely due to Solana’s ability to handle large volumes of transactions efficiently and at lower costs. These AI agents are sophisticated tools that carry out tasks, make decisions, and interact with both people and digital systems, transforming how operations are managed within the crypto sector. An interesting example of these AI agents…

  Popcat was signaling a potential reversal to the upside as market sentiment turned positive. The memecoin could dip to a 5-month low if it fails to hold above $0.55. Since hitting $0.98 nearly two weeks ago, Popcat [POPCAT] has experienced strong downward pressure. Over this period, the memecoin has dipped to a local low of $0.49. However, over the last 24 hours, Popcat has signaled a potential trend reversal. At the time of writing, Popcat was trading at $0.5581, marking a 2.29% increase over the past day. Before these gains, the memecoin had been on a downward trajectory, dipping…

UNI large transactions have surged by 694% in the last 24 hours. Positive on-chain metrics and a bullish long/short ratio suggest the potential for further price gains. Uniswap [UNI]  has seen a significant spike in large transactions recently. The asset’s large transactions have surged by an impressive 694% in the past 24 hours, according to IntoTheBlock’s data. This surge highlights an influx of whale activity, with big-money players potentially driving the market as UNI’s price finds support at the $12 level.  Historically, heightened whale activity often signals increased confidence in a token. For UNI, it could set the stage for…