Author: Yeek.io
With recent price developments, Solana could be set for a major rally in the coming days or weeks. Due to the general market’s resurgence, several bullish forecasts from seasoned crypto analysts suggest that the altcoin might be entering the next phase of its bull cycle. Breakout Setting The Stage For A Bullish Surge In Solana’s Price Solana has faced heightened volatility in the past few days, prompting speculation of a deeper decline. However, a shift in direction may be emerging as the crypto asset undergoes a breakout. Looking at SOL’s price performance in the 1-day time frame, Rose Premium Signals,…
Este artículo también está disponible en español. According to a recent report by Japanese cryptocurrency publication CoinPost, Japan’s Prime Minister Shigeru Ishiba has taken a cautious stance on the proposal to establish a national Bitcoin (BTC) reserve. Ishiba Hesitant On Bitcoin Reserve Plans While some policymakers in Japan are advocating for the country to follow the lead of nations like the United States in exploring cryptocurrency reserves, Ishiba has expressed reservations, citing a lack of sufficient information to make an informed decision. The idea of a national Bitcoin reserve in Japan gained momentum after Satoshi Hamada, a member of the…
Ethereum price retreated on Boxing Day as the gains made during the Santa Claus rally were erased. Ethereum (ETH) token fell to $3,340, down by over 5.6% from its highest level this week. This retreat happened as a sea of red spread in the crypto industry, with the market cap of all coins falling to $3.29 million. Ethereum crashed in a low-volume environment as most traders remained away from the market during the Christmas holiday. CoinGecko data shows that the 24-hour volume was $17.5 billion, down from $24 billion a day earlier. It had its lowest volume in over a…
Popular idle RPG Immortal Rising 2 has started its Launchpool Season 2, giving players a chance to earn $IMT tokens through gameplay and daily activities.Running from December 20, 2024, to January 9, 2025, this event introduces new missions and mechanics designed to expand participation and rewards.With a total prize pool of 50 million $IMT—5% of the token’s total supply—players can compete across two distinct reward tracks by collecting soulbound tokens (SBTs) and ORBs. These rewards offer players an early opportunity to secure $IMT tokens before their official launch in Q1 2025. Source: Immortal Rising 2What’s new in Season 2?Launchpool Season…
Homepage > News > Finance > Germany passes MiCA implementation legislation at 11th hour On December 18, German parliament passed the Digitalization of Financial Markets Act (Finanzmarktdigitalisierungsgesetz, or FinmadiG) to facilitate the implementation of the European Union’s Markets in Crypto-Assets (MiCA) regulation, which fully comes into force on December 30. The passage of FinmadiG will be a relief for digital asset players in Germany, who had been facing an anxious wait for the troubled government to pass legislation to begin the transition to MiCA. Fears of a delay arose due to the dramatic collapse of Chancellor Olaf Scholz’s three-party coalition…
Meme coins ranked among the most popular crypto narratives of 2024, creating a divide between crypto tokens. Bitcoin stands out among top crypto tokens with 125% year-to-date gains, and the meme coin category, or the “other tokens”, hit a key milestone, crossing a market capitalization of $100 billion. Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE), the top three meme coins, have erased between 11% and 13% of their value in the past week. Bitcoin consolidates close to $95,000, nearly 12% below its all-time high of $108,353. Bitcoin vs meme coins, most popular narrative of 2024 Meme coins captured the…
Draper Associates-backed CUDIS has partnered with UCLA Athletics for a year-long collaboration to promote web3 smart rings among students and athletes. The web3 wellness company CUDIS has announced a one-year partnership with UCLA Athletics, a Californian collegiate sports program, to promote its AI-powered smart rings. According to a Thursday press release shared with crypto.news, the collaboration will feature campus activations, where CUDIS will showcase its rings to UCLA students and sports fans. Additionally, CUDIS plans to sign name, image, and likeness agreements with student-athletes from various UCLA teams, including men’s and women’s tennis, golf, basketball, women’s gymnastics, and football, the…
Floki Plans FLOKI Token ETP in Switzerland . Floki, the project behind the FLOKI token, is preparing to launch an exchange-traded product (ETP) on Switzerland’s SIX Swiss Exchange in the first quarter of 2025. If approved, this initiative would make FLOKI the second memecoin, after Dogecoin, to offer a regulated investment product in Europe. This move signifies an important step in bringing institutional-grade investment opportunities to the cryptocurrency market, bridging the gap between traditional finance and digital assets. The proposed ETP is being developed in partnership with a regulated asset manager and ETP issuer, aiming to make it accessible to…
Este artículo también está disponible en español. Crypto analyst Trade PSH has revealed the major Bitcoin support levels to watch out for as BTC bulls push for a rally to the psychological $100,000 level. The analyst also mentioned what price levels Bitcoin could reach in the short term as it breaks above $100,000. Bitcoin Support Levels To Watch Out For As Bulls Push For $100,000 In a TradingView post, Trade PSH stated that the local maximum is $99,450 as bulls are repeatedly trying to push the price above $100,000. The crypto analyst also mentioned that the nearest key support zone…
Este artículo también está disponible en español. Ondo Finance has faced significant challenges in recent weeks, with its price dropping over 30% from its all-time high of $2.14. Despite the recent downturn, many analysts remain optimistic about ONDO’s potential for recovery, citing its strong performance earlier this cycle as evidence of its resilience. As one of the top-performing altcoins, ONDO has consistently attracted investor attention, leading to speculation about its next move. Related Reading However, caution is warranted. Renowned analyst Ali Martinez recently shared a technical analysis warning that ONDO may be at risk of further correction. Martinez highlights the…