Author: Yeek.io

With Bitcoin trading close to $95k after two weeks of declining prices, analysts are wary of a potential massive crash that could see the flagship asset drop to $60k. Bitcoin has dropped over 2.5% over the last 24 hours, with an intraday low of $95,134 yesterday. The fall in price extended its fortnight losses to 3.7%, with the asset’s market cap falling to $1.9 billion. While bulls are striving to defend the critical $95,000 support level, on-chain data and market analysts suggest a significantly higher probability of Bitcoin’s price plummeting to $60,000 by Donald Trump’s inauguration on Jan. 19. Following…

A recent tweet highlighted the features that Shiba Inu: The Metaverses brings with it At press time, SHIB’s weekly chart was green, with buying pressure on the token rising too Shiba Inu [SHIB] has finally announced the launch of its metaverse, which was due for release for a long time. This launch has the potential to push SHIB to the moon, but will that actually happen?  Shiba Inu: The Metaverse is here! LUCIE, a popular X handle that shares updates related to the Shiba Inu ecosystem, recently shared a tweet revealing the launch of Shiba Inu: The Metaverse. The tweet…

A crypto exchange token is defying this week’s marketwide downtrend, skyrocketing by nearly 30%. The Bitget Token (BGB) is trading at $7.37 at time of writing and is up nearly 28% in the past 24 hours and more than 70% in the past week. BGB’s gains partially materialized amid news that Bitget plans to merge the token with its other native asset, the Bitget Wallet Token (BWB). BWB, the 638th-ranked crypto asset by market cap, is down more than 4% in the past day but up nearly 45% in the past week. Bitget’s merger will unify both tokens under the…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…

Este artículo también está disponible en español. The Bitcoin price has struggled to reclaim previous price highs above $100,000, with bearish sentiment dominating the market. Currently, the Bitcoin price is retesting the support line of an Ascending Channel after crashing below $95,000. A crypto analyst has predicted that if it can hold this key support level, it could stage a recovery and skyrocket to its next bullish target, aligning with the upper resistance line of the channel.  Bitcoin Price Retest Support Line; New Target In Sight In a chart illustrating Bitcoin’s price movement within an Ascending Channel, Trader Tardigrade, a…

Este artículo también está disponible en español. Historical data shows that the Ethereum price could enjoy huge gains in the first quarter of 2025. Based on this data, crypto analyst Kaduna predicted that the second-largest crypto by market cap could usher in the altcoin season at the start of the new year.  Historical Performance Shows What To Expect From Ethereum Price CryptoRank data shows that the Ethereum price could enjoy positive monthly gains throughout the first quarter of 2025. This is based on historical trends that show that Ethereum enjoyed green monthly closes in Q1 of the 2017 and 2021…

5Jacob & Co. has launched a new watch collection featuring CryptoPunk non-fungible tokens (NFTs). The collection, called “TimePunks,” includes 99 limited edition watches, each with a unique 1/1 CryptoPunk suspended above the mainspring.These timepieces are 44 mm in size, made from grade 5 Titanium and sapphire crystals. CryptoPunk owners can customize their own watch with their NFT.The collection is both digital and physical. Each physical watch comes with an accompanying NFT, which is minted on the Ethereum blockchain. Buyers will also receive a Swiss watch passport. The cost of each TimePunk watch is $50,000, which includes the NFT, the custom watch, and…

Homepage > News > Finance > India clamps down on digital fraud as cases rise in 2024 In 2024, India’s law-enforcement agencies cracked down on several digital assets and finance technology frauds while exchanges and investment platforms grappled with regulatory scrutiny and security breaches. India reportedly lost over $44 million in digital asset scams in 2024, ranking fifth globally. It recorded about 840 complaints related to digital assets. “In 2024, India saw significant crypto-related frauds that deeply impacted investor trust and regulatory sentiment,” said Rohan Sharan, founder and chief executive of Timechain Labs, an on-chain application development firm utilizing BSV…

The U.S. Internal Revenue Service said DeFi brokers should comply with long-standing securities rules, disagreeing with industry sentiment arguing for different laws for digital assets. Updated rules from the IRS published on Dec. 27 would direct some “DeFi brokers” to operate like traditional finance institutions by collecting certain user activity data and reporting on cryptocurrency proceeds. The finalized rules apply to “front-end” DeFi operators, referring to service providers that directly manage websites used to access web3 platforms like decentralized exchanges for both U.S. and non-U.S. participants. So-called DeFi brokers would also have to report on all digital assets, including NFTs…

The PHNIX meme coin, launched on the XRP Ledger, has landed on its first major centralized crypto exchange. On Dec. 27, the Phoenix team announced that crypto exchange MEXC has listed PHNIX. The move sees the exchange become the first major CEX to add spot trading for the meme coin:  “A historic milestone has been achieved on the $XRP Ledger today: $PHNIX is the first XRPL memecoin to be listed on a major CEX!” The PHNIX token launched on December 3, arriving amid fresh interest in meme coins on the XRPL blockchain. PHNIX is a token that looks to symbolize…