Author: Yeek.io

One of the more unusual trades by a member of Congress in 2024 was Rep. Mike Collins (R-Ga.) buying meme cryptocurrency Ski Mask Dog Coin SKI/USD, which led to the crypto soaring in value and later hitting all-time highs shortly after the disclosure. A new filing shows Collins bought more after his last disclosure. What Happened: The trading activity of members of Congress continues to be closely followed by investors as stock purchases can come ahead of key information and potential gains. While members of Congress likely don’t have the same alleged insider information when it comes to cryptocurrency, trading…

Smart money has flipped bullish on Quant after the token formed a double-top pattern on its four-hour chart.  If buyers remain active, QNT could rally to $128. Quant [QNT], at press time, traded at $117 after an over 10% gain in 24 hours. Trading volumes had also spiked by 53% to $30M per CoinMarketCap, while the token’s market capitalization surged to $1.41 billion.  Amid these gains, smart money has flipped bullish on QNT, per Market Prophit. This is despite the crowd or retail sentiment being bearish.  One of the factors that could be fuelling the positive sentiment by expert investors…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. LINK surged 20% in December, TON nears $7.2 resistance, and Lunex Network gains attention for its innovative DeFi features and investor appeal. December 2024 has been an eventful month for cryptocurrencies. LINK surged 20% to hit $30.94, while TON showed signs of breaking through resistance at $7.198. Investors are buzzing with optimism about the future, especially with Lunex Network stepping in to shake up the DeFi game. Offering innovative features and a focus on rewards, Lunex Network is turning…

The Ethereum Foundation Grants Program is an ongoing and continually improving experiment into how the EF can best invest the Ethereum community’s resources for the highest long-term impact on the Ethereum ecosystem. When the Grants Program began in early 2018, the core focus was on supporting scalability efforts. This focus later expanded to include security, usability, privacy, and education. In 2019, we are returning to our core focus to support critical Eth2.0 and layer 2 scaling efforts. However, we remain open to any grant proposal which addresses urgent, important and unique improvements which further the Ethereum vision. With these priorities…

Crypto Markets Surge on Election Night As investors responded to expectations that Donald Trump would take the US presidential election, crypto markets saw a notable increase Tuesday night. Due to this knowledge, the cost of Bitcoin rapidly increased and hit an all-time high of about $75,000. Bitcoin previously peaked in March at $73,000, but the ongoing election-related anxiety has caused it to trade below that level recently. The sharp increase demonstrates how political events can have a significant impact on crypto valuations, particularly when laws and regulations are changing. Source: CoinMarketCap Throughout the summer, Trump along with the Republican Party…

In a big move for crypto in Latin America, Binance, the top dog in cryptocurrency exchanges worldwide, just snagged its 21st license, this time from Brazil’s Central Bank. According to a Cointelegraph report, this green light lets Binance work as an official broker-dealer, marking it as the first in the country to do so. It’s a pretty big deal as Brazil makes strides to regulate the fast-growing crypto industry. Strategic move in São Paulo Thanks to this new approval, Binance is all set to take over Sim;paul, a São Paulo-based investment platform that deals in securities and electronic money. This…

A widely followed crypto analyst says that one crypto sector appears as if it’s going to outpace the others in the coming days. In a new thread on Telegram, pseudonymous crypto trader Crypto Capo tells his audience on Telegram that the artificial intelligence (AI) sector will continue outperforming the rest of the digital assets industry. According to Capo, the price actions of decentralized cloud computing platform Phala Network (PHA) hint at a breakout for AI cryptocurrencies, leading him to accumulate under-the-radar AI-based tokens, such as Phoenix (PHB) and Streamr (DATA). “Phenomenal performance of PHA, which could be a leading indicator…

The Financial Conduct Authority, the UK’s financial watchdog, faces challenges in enforcing its rules on illegal crypto advertisements. Despite flagging 1,702 illegal cryptocurrency ads, websites, and apps between October 2023 and October 2024, only 54% were removed online, with nearly half still active and luring potential investors or unsuspecting victims, the Financial Times disclosed. The FCA has the authority to regulate these advertisements and file criminal cases against individuals or groups that violate a new law that aims to fix the messy side of the country’s crypto markets. The current rules allow the FCA to review and approve these ads…

The Ethereum network will be undergoing a scheduled upgrade at block number 7,280,000, which is predicted to occur on Thursday, February 28, 2019. The exact date is subject to change depending on block times between now and then and could be activated 1-2 days before or after. A countdown timer can be seen at https://amberdata.io/blocks/7280000. You can monitor the network upgrade in real time at http://forkmon.ethdevops.io/. What is Constantinople and St. Petersburg? Constantinople and St. Petersburg are the names given to this network upgrade. Previous network upgrades have been given other names such as Spurious Dragon and Byzantium. The reason…

In this Uphold review, we’ll dive into everything you need to know about using the Uphold app as a cryptocurrency exchange and more. If you’re wondering, is Uphold safe?, we’ll cover the platform’s security measures and show you how it protects your assets. We’ll look at the pros and cons, fees, and explore why Uphold stands out by offering access to multiple asset classes, from crypto to metals and fiat currencies. What is Uphold? Uphold is a multi-asset trading digital platform, including cryptocurrencies, fiat currencies, and precious metals. With access to over 300 assets, it stands out with its “Anything-to-Anything”…