Author: Yeek.io

The Indian Rupee (INR) plunged to an all-time low of 86.2050 against the US dollar on Monday, breaching the 86 mark for the first time in its history. The depreciation comes after robust US jobs data reignited expectations that the Federal Reserve would limit rate cuts in 2025, putting additional pressure on emerging market currencies. Compared to Friday’s close at 85.9650, the decline reflects continued challenges for the rupee in the face of a strengthening dollar. Heavy outflows from domestic equities, hawkish comments from the Federal Reserve, and rising crude oil prices could pressure the INR, given India’s position as…

Artificial intelligence (AI) is transforming industries in India and is emerging as a hotbed for venture capital investments. While many tech startups faced challenges over the last two years, AI-focused companies have thrived, defying the broader industry slowdown and reshaping investment trends.  AI leads investment trends: The AI investment wave gained momentum in late 2022 following OpenAI’s ChatGPT, a highly innovative, first-of-its-kind generative AI chatbot that generates text, images, and videos. Such a creation attracted investors’ interest, as AI startups poured massive inflows of funding into the sector. India has witnessed the emergence of AI as an expanding field, with…

Raoul Pal’s “Banana Zone” predicts Bitcoin’s consolidation phase, before transitioning into “Banana Singularity” Bitcoin’s price action ahead of Trump’s inauguration could trigger a rebound or panic sell-off. Bitcoin [BTC]’s recent price action has sparked intrigue as it rebounded above $94,000, after briefly dipping below $92,500. This volatile movement has left many investors questioning the cryptocurrency’s next direction amid growing market uncertainty. Raoul Pal on current market condition Adding a unique perspective to the discussion, Real Vision founder Raoul Pal introduced the concept of the “Banana Zone” during a recent podcast. Pal further elaborated on this idea through a post on…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana and Ripple show resilience despite the overall market decline; Intel Markets’ 800% jump and the projected 100x rally make it a new investor favorite. The crypto market tumbled following the release of the US economic data. Amid the bloodbath, Ripple (XRP) and Solana (SOL) have managed to maintain key price levels. With a bounce underway, these are altcoins to watch. Meanwhile, Intel Markets (INTL), a new AI coin, stunned investors with its 800% upswing over the past few…

Warning: this post contains crazy ideas. Myself describing a crazy idea should NOT be construed as implying that (i) I am certain that the idea is correct/viable, (ii) I have an even >50% probability estimate that the idea is correct/viable, or that (iii) “Ethereum” endorses any of this in any way. One of the common questions that many in the crypto 2.0 space have about the concept of decentralized autonomous organizations is a simple one: what are DAOs good for? What fundamental advantage would an organization have from its management and operations being tied down to hard code on a…

Azuki, the renowned NFT collection within the Ethereum ecosystem, has officially announced plans to launch its token, ANIME, set to debut in January 2025. This marks a significant milestone for the project, following the trend of major NFT collections such as Pudgy Penguins (PENGU), Milady (CULT), and Magic Eden (ME) launching their respective tokens. The ANIME token, a groundbreaking initiative, aims to transform the anime ecosystem into a community-owned creative economy.  Launching on Ethereum and Arbitrum The ANIME token will launch on Ethereum and Arbitrum, with an unprecedented 50.5% of the total supply allocated directly to the community. This bold…

Homepage > News > Business > Kyrgyzstan records 50% dip in taxes from BTC miners Taxes from block reward miners in Kyrgyzstan dipped by over 50% year-on-year in 2024 as the BTC halving took its toll on the sector. Kyrgyzstan emerged as one of the destinations for miners fleeing China following an intense crackdown by Xi Jinping’s government. In 2023, the country collected 93.7 million som ($1.03 million) in taxes from BTC miners. However, in 2024, the taxes dipped to $535,000, as revealed in a budget document from the Ministry of Economy and Finance. Local media report that the drop…

The retail long/short ratio heatmap revealed clear trends in altcoin positioning. Leading the charge in long positions are assets such as SUI and SOL, with sustained green zones indicating increased retail bullishness. On the other hand, coins like TRX and XRP exhibited higher levels of short interest, suggesting traders expect downside movements. Source: Santiment Social volume data echoed this sentiment. As can be seen on the chart, while Ethereum [ETH] maintained high engagement levels, SUI and Solana have been rapidly closing the gap, buoyed by network developments and community-driven hype. Altcoins like DOT and AGLD also saw spikes in social…

Teknologi kecerdasan buatan (AI) terus mengubah berbagai industri, termasuk dunia trading kripto. Memasuki tahun 2025, AI agents diprediksi akan mendominasi lanskap kripto, memberikan solusi trading yang lebih cerdas dan cepat. Dari menganalisis data dalam jumlah besar hingga mengeksekusi transaksi dengan presisi tinggi, alat ini mulai menarik perhatian para pelaku pasar. Di tengah gelombang AI ini, Wall Street Pepe tampil menonjol dengan pendekatan uniknya. Seperti yang disampaikan oleh 99Bitcoins: “Wall Street Pepe bukanlah kecerdasan buatan. Wall Street Pepe adalah kecerdasan itu sendiri.” Berikut adalah penjelasan lebih mendalam mengapa $WEPE bisa menjadi langkah cerdas Anda di pasar kripto. Baca juga: Daftar Crypto…

Este artículo también está disponible en español. Bitcoin price is consolidating losses below the $95,500 zone. BTC is showing bearish signs and might struggle to recover above the $95,800 level. Bitcoin started a recovery wave from the $91,150 zone. The price is trading below $94,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $93,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $92,500 support zone. Bitcoin Price Struggles Below $95K Bitcoin price started…