Author: Yeek.io
Este artículo también está disponible en español. In the past week, Ethereum (ETH) has dropped 9.3%, falling from $3,630 on January 3 to $3,235 at the time of writing. While ETH is striving to defend the psychologically significant support level at $3,000, some crypto analysts remain confident that the digital asset’s long-term price trajectory is bullish. Can Ethereum Recover? Analysts Weigh In While the current crypto bull market saw Bitcoin (BTC) create multiple historical new all-time highs (ATH), Ethereum’s price action remained relatively muted. Notably, ETH’s ATH of $4,878 recorded in November 2021 remains intact. Related Reading However, ETH’s subpar…
The past few days have been challenging for Ethereum investors, as the altcoin leader kicked off 2025 with a steep 15% drop from local highs, plunging to lower demand levels. This selloff has mirrored the broader market’s volatility, leaving many questioning the strength of ETH’s recovery potential. Despite the rocky start, ETH’s fundamentals continue to demonstrate resilience, providing optimism for long-term holders. Key insights from blockchain analytics firm IntoTheBlock highlight Ethereum’s strong foundation. According to their data, 74.7% of ETH addresses are now classified as long-term holders, significantly outpacing Bitcoin in this metric. This milestone underscores growing confidence in Ethereum’s…
Homepage > News > Business > India seeks public feedback on digital data protection rules India has invited feedback and comments on the draft ‘Digital Personal Data Protection Rules, 2025′ for consultation. Initiated under the Ministry of Electronics and Information Technology (MeitY), the Digital Personal Data Protection Act (DPDPA) aims to establish a comprehensive framework that allows its citizens greater control and privacy over their digital data while imposing stricter regulations on businesses that use it. The draft rules are based on inputs gathered from various stakeholders and a study of global best practices. MeitY has invited feedback from the public and stakeholders until…
Staking will not be considered a collective investment scheme in the United Kingdom, according to a recent amendment by the U.K. Treasury. U.K. Authorities have updated a section of the Financial Services and Markets Act 2000, which regulates financial markets in the U.K., to clarify that crypto staking is not a “collective investment scheme.” Staking is a process where blockchain users lock up a network’s native tokens for a chance to participate in transaction validation on proof-of-stake blockchain networks like Ethereum. In return, participants earn rewards, usually in the form of additional tokens. The Treasury’s amendment clarifies that staking does…
Fantom has bounced back from the key $0.65 support zone and could be setting the stage for a bullish rally. Metrics support the growing bullish momentum. Fantom [FTM] indicates strong signs of recovery after testing the support level support zone at $0.65 on the daily charts. This level has indeed proved its significance, as it sparked the previous rally between mid-November and mid-December. Source: TradingView At the time of writing, the altcoin had gained by over 10% in less than 24 hours. As the altcoin regains strength, its technical and on-chain metrics have suggested that FTM might be gearing up…
Este artículo también está disponible en español. Recent price action has seen Dogecoin stuck in a correction path for over a month now, and the meme now finds itself trading just above the $0.3 mark. Particularly, Dogecoin has retraced by about 30% since it reached a recent multi-year peak of $0.48 in early December, and bullish traders are now patiently waiting for the next leg up. According to technical analysis, Dogecoin’s recent confluence at the $0.3 price level presents an attractive opportunity to load up more of the cryptocurrency before an upward bounce from here. Dogecoin’s $0.3 Support Zone Holds…
The cryptocurrency community has taken notice of Ripple Labs as a result of a recent transfer of 300 million XRP, which is estimated to be worth more than $680 million. Because of the magnitude of the acquisition, there have been a lot of questions and speculations floating around about what the company’s next moves are in the coming weeks or months. A lot of people are curious about whether or not this move indicates a new strategy or a change in the way that Ripple intends to approach the market. This large-scale transfer has certainly piqued the interest of investors…
Ethereum has undoubtedly been under pressure despite the recent bullish rally in the broader cryptocurrency market as it struggles to make any major upside move. A recent analysis by ShayanBTC, a contributor to the CryptoQuant QuickTake platform, has shed light on key factors impacting Ethereum’s performance. In a post titled “Ethereum Faces Crossroads: Funding Rates and $3K Support Key to Sustaining Bullish Momentum,” Shayan highlights the asset’s struggles to maintain its upward trajectory. Funding Rates And The Importance Of The $3K Support Level According to Shayan, Ethereum’s bullish momentum has been significantly challenged by fluctuations in Funding Rates, a key…
Understanding how to avoid crypto scams is essential in a digital age where cryptocurrencies have become mainstream. Scammers exploit unsuspecting users by promising free money, impersonating honest investment managers, or setting up fake crypto platforms. If you are involved in the crypto markets, learning to spot warning signs like guaranteed returns or requests for private keys can protect your investments. In this guide, we’ll give you all the critical information you need to know about the most common crypto scams. You’ll learn how to spot cryptocurrency scams, how they work, and what you can do to protect your digital assets.…
The crypto market cap stood at $3.2 trillion on January 10, 2025, as the US trading session saw Bitcoin continue to struggle with downside pressure. As BTC dominance hovered around 56.8% and Ethereum’s at 12%, the global 24-hour trading volume fell 1.2% to about $156.9 billion. The overall outlook for crypto remains bullish but analysts are warning about a potential downward continuation ahead of the January 20, 2025 inauguration of Donald Trump. What happened in the crypto market today? Here’s a brief overview Crypto liquidations hit $373 million According to Coinglass data, the cryptocurrency market witnessed notable liquidations in the…