Author: Yeek.io

The first two weeks of the ether sale are over, and we have to date received over 25000 BTC from selling over 50 million ETH. This marks the largest cryptographic token sale to date, and with the two endowments places ETH as being the token with the 8th highest total value, even beating out the beloved Dogecoin at 17.3MUSDvs17.3M USD vs 17.3MUSDvs15.5M. A total of 6670 transactions have been made, with values ranging from the minimum 0.01 BTC to a high of 500 BTC, and purchases continue to come in every hour. Additionally, the ether sale marks the largest use…

Smart Money, whales, and KOLs re-accumulated VIRTUAL after the price dipped below $2.50 levels, leading to a rebound. VIRTUAL’s positive momentum towards the Ichimoku Cloud suggested a bullish outlook, reinforced by the MACD. The recent activities of Smart Money, whales, and Key Opinion Leaders (KOLs) in the Virtual Protocol [VIRTUAL] market signified a notable phase of re-accumulation. This occurred particularly as the price of VIRTUAL dipped below $2.50. Prominent buyers made significant purchases at average prices of $2.35 and $2.45, infusing over $551K into VIRTUAL, as captured on DEX position. These transactions marked their initial foray into this asset, highlighting…

Dennis Porter’s update signals SAF’s ongoing work to secure Bitcoin’s place in U.S. policy. In a recent tweet, Dennis Porter, CEO and co-founder of Satoshi Action Fund, shared that the organization has raised $300,000 of its $500,000 fundraising goal, with two weeks remaining in the campaign. This announcement reflects SAF’s ongoing efforts to advocate for Bitcoin-friendly legislation at both state and federal levels, ensuring that Bitcoin (BTC) has a place in future regulatory frameworks. BREAKING: Satoshi Action has now raised $300,000 out of our 60 day $500,000 goal. We have two weeks left!— Dennis Porter (@Dennis_Porter_) January 15, 2025 Beyond…

Bitcoin price is attempting a recovery wave above the $93,200 zone. BTC is rising and might face resistance near the $97,500 zone. Bitcoin started a recovery wave above the $95,000 zone. The price is trading above $95,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $96,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,450 support zone. Bitcoin Price Regains Traction Above Below $95K Bitcoin price started a short-term recovery wave above the $92,000 zone.…

Now that the first two weeks of the ether sale are over, and over 50 million ETH has been sold, we intend to soon make a transaction to begin using the funds to repay loans and kickstart the process of setting up our development hubs and expanding our staff. We have made a commitment to be highly transparent about how we spend the funds, and that is a commitment that we intend to live up to; to that end, we have already released an Intended Use of Revenue chart and a roadmap to show how we intend to spend the…

Prominent analytics firm Santiment says a handful of low-cap altcoins are seeing a drastic rise in the count of new wallets created over the past week. In a thread on the social media platform X, Santiment says the artificial intelligence (AI) related crypto project IQ.wiki (IQ) leads the pack after seeing a massive rise in network growth, with a 2,500% surge in new wallets created in the last seven days. IQ bills itself as the “primary source of objective, high-quality knowledge on the internet today for everything related to blockchain and cryptocurrencies.” The project uses AI to scale its content and…

Polkadot (DOT) price has begun its recovery journey, bouncing off the crucial $6.2 support level after a period of intense selling pressure. This key price floor has proven its strength, giving bulls the confidence to reenter the market. Oversold conditions signal a potential reversal, and DOT is now gradually climbing, sparking renewed optimism among traders who hope for stronger bullish momentum in the days ahead. With technical indicators aligning to support a recovery narrative, DOT’s ability to hold and build on the current bounce will be crucial in determining its next price phase. Will this gradual comeback pave the way…

Este artículo también está disponible en español. Crypto analyst Javon Marks has provided a bullish outlook for Dogecoin, stating that the foremost meme coin has entered another bull phase. The analyst also predicted how high the foremost meme coin could rally in this bull phase.  Dogecoin To Rally Above $20 As It Enters New Bull Cycle In an X post, Javon Marks predicted that Dogecoin could rally above $20, seeing as it looks to be in another bull cycle. The crypto analyst made this ambitious prediction while noting that DOGE has recorded larger runs in every successive cycle.  Related Reading…

One of the more exciting applications of decentralized computing that have aroused a considerable amount of interest in the past year is the concept of an incentivized decentralized online file storage system. Currently, if you want your files or data securely backed up “in the cloud”, you have three choices – (1) upload them to your own servers, (2) use a centralized service like Google Drive or Dropbox or (3) use an existing decentralized file system like Freenet. These approaches all have their own faults; the first has a high setup and maintenance cost, the second relies on a single…

Whale accumulation buoyed bullish spirits on SHIB’s charts Deviation below the range followed by a quick reclamation gave a high probability buy signal Shiba Inu [SHIB] has suffered losses alongside the rest of the memecoin sector since late November. Bitcoin’s [BTC] struggle to reclaim $100k and the accompanying price volatility did not aid SHIB bulls one bit. However, the background doom and gloom sentiment did little to dissuade a whale from moving 8.18 trillion SHIB out of Crypto.com exchange. These tokens were valued at around $195.1 million at the time. A SHIB buying opportunity near the range lows Source: SHIB/USDT…