Author: Yeek.io

SOL surged by 17.56% over the past week, with one analyst eyeing a rally to $4000 Solana whales have been accumulating SOL tokens worth millions too Over the last 4 days, Solana [SOL] has registered a strong upswing on the charts. During this period, the altcoin broke out of its $200 resistance. In fact, SOL climbed from a low of $187 to a high of $219 on the charts. At the time of writing, Solana was trading at $216. This marked a 4.35% hike on the daily charts. This, on top of the altcoin’s weekly gains of 17.56%. Needless to…

Republican member and pro-crypto politician Mike Johnson has been re-elected as the speaker of the US House of Representatives sending a wave of excitement across the crypto community. This positive development comes amidst growing doubts over the incoming Donald Trump administration’s willingness to fulfill the President-elect’s crypto manifesto.  Mike Johnson Wins 218-215 Against Anti-Crypto Rep According to a recent report by media outlet Yahoo, the US House has now concluded the election process of a new Speaker officially opening the 119th US Congress.  The race for speakership was originally headed for a deadlock after Republican members Keith Self, Ralph Norman, and…

Este artículo también está disponible en español. Crypto analyst Master Kenobi has provided insights into the current Dogecoin price action. The analyst revealed that the foremost meme coin was approaching the moving average (MA) line, which could lead to a new all-time high (ATH).  Dogecoin Eyes ATH As Weekly RSI Approaches The MA Line In an X post, Master Kenobi revealed that Dogecoin’s weekly Relative Strength Index (RSI) is approaching the MA. He remarked that this is a crucial level that needs to be broken to confirm a continued upward movement. The crypto analyst added that if these barriers are…

Over the last month and a half we saw vigorous ongoing research and development on all sides of the Ethereum roadmap, and progress is rapidly starting to translate into real results that can be run and verified inside of an Ethereum client. On Metropolis: Agendas for core dev meetings 15 and 16 here: https://github.com/ethereum/pm/issues/13 and https://github.com/ethereum/pm/issues/14List of accepted EIPs here: https://github.com/ethereum/EIPs/blob/master/README.md (mostly agreed on, though we are still going back and forth on details such as gas costs)Most of the EIPs have been implemented in C++ and Python and are being implemented in other clients; tests are being actively written…

Actually, Non-Fungible Tokens are now a cultural and financial object, and various types of art have appeared in this sphere. Among the most popular trends of recent years is the so-called NFT monkeys, especially related to such series as Bored Ape Yacht Club (BAYC). These digital assets are rather popular and prospects have attracted stars, opinion leaders, and investors. However, there’s also the question – are these monkey-themed NFTs worth the investment given that prices continue to climb? Their value and risks and whether they are a good investment or not will be described in this article in more detail…

Cryptocurrencies are gaining traction across Africa, providing innovative solutions to persistent financial issues like inflation, currency devaluation, and limited banking access. Between July 2023 and June 2024, Sub-Saharan Africa received an estimated $125 billion in on-chain crypto value, showcasing the region’s active engagement with digital assets. Africa also leads globally in the use of DeFi platforms, as people seek accessible and efficient financial tools to manage finances, save, and invest. Among African nations, Nigeria stands out as a key player in the crypto space, but other countries, such as Ethiopia, Kenya, and South Africa, are also making significant strides. This…

Whale netflows surge by 16% Over the past week, Shiba Inu’s large holders’ netflows recorded a 16% hike, as per data from IntoTheBlock. This metric tracks the balance between the coins flowing into and out of wallets that hold over 0.1% of SHIB’s circulating supply, primarily whale addresses. Source: IntoTheBlock The chart highlighted significant net inflows early in the week, with these whale investors actively accumulating SHIB. However, a sharp decline in netflows towards the end of the week coincided with a gradual recovery in SHIB’s price. The consistent accumulation by large holders is a bullish indicator, often signifying confidence…

SUI surged by by 17.85% to hit a new all-time high of $5.03 The altcoin’s market cap crossed the $15 billion-mark, with the crypto now ranked 12th Over the last 24 hours, SUI has outperformed a majority of the crypto market. In fact, the cryptocurrency surged from a low of $4.2 to hit a new all-time high of $5.03. At the time of writing, the altcoin was trading at $5.01 following a hike of almost 18%.  Needless to say, this had a corresponding positive impact on the altcoin’s market cap and trading volume too, with the former climbing by over…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A rising Solana token shows explosive growth potential, poised to overtake WIF by 2025, capturing investors’ attention. A new token on the Solana blockchain is gaining momentum. Once overlooked, it now shows signs of explosive growth. Analysts suggest it could overtake WIF by 2025. This unexpected contender is catching the attention of investors and enthusiasts alike. The article delves into the factors fueling its rise and what this means for the crypto landscape. Catzilla unleashed: The feline frenzy crypto…

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…