Author: Yeek.io

BNB flipped its long-term trendline resistance into support Derivatives data revealed a bullish edge as the price consolidated above its key EMAs After snapping off its long-term trendline resistance, Binance Coin [BNB] found a new all-time high (ATH) at $794 on 4 December. This surge was fueled by broader bullish sentiment in the crypto market, mainly Bitcoin’s [BTC] recent HIKE. At the time of writing, BNB was trading at $715.86, consolidating near its critical support zones. BNB consolidates at key support Source: TradingView, BNB/USDT BNB’s price action on the daily chart reflected strong bullish resilience as it maintained levels above…

In the world of Bitcoin investing, understanding market cycles is key to identifying buying opportunities and spotting potential price peaks. One indicator that has stood the test of time in this regard is the Puell Multiple. Originally created by David Puell, this metric examines Bitcoin’s valuation through the lens of miner revenue, offering insights into whether Bitcoin might be undervalued or overvalued compared to its historical norms.This article will explain what the Puell Multiple is, how to interpret it, and what the current reading on the chart suggests for investors. For a real-time look at this tool, check out the…

Halving Events and Historical PatternsBitcoin runs on a mechanism called “halving,” which, if everything else remains constant, happens once every four years. It cuts down by half the reward that miners receive for validating transactions, thereby reducing the rate at which new BTC come into circulation. Historically, many Bitcoin bull markets have usually followed such events. The last was in 2020, while the next will be in 2024.Looking at past cycles, Bitcoin tends to reach new highs around 12 to 18 months after a halving. This would make late 2025 possibly the peak for this current cycle. Historic data is…

Discussions about Ethereum’s next major price rally have emerged significantly within the crypto community following its recent upbeat strength in the past few days. With upside momentum gaining traction, there are speculations that ETH may rally soon. However, a recent development suggests otherwise. Anticipated Major Rally For Ethereum Might Require More Patience Ethereum’s next big upswing is widely believed to be just around the corner as evidenced by several bullish forecasts. Nonetheless, Ali Martinez, a market expert and investor, predicts that the notable much-anticipated move may take longer than the general market expects. The expert points to a key market…

Trust Wallet has become a go-to solution for cryptocurrency enthusiasts looking for a secure, user-friendly, and versatile wallet, but if you’re new to the space you might be asking “What is Trust Wallet?”. From the seasoned trader to the decentralized finance or “DeFi” noob, Trust Wallet is crafted from the ground up to be one of the best crypto wallets out there. In this guide, we’ll be exploring everything you need to know about this platform, including its key features and what you can do with it, the networks it supports, and the protocols that it grants access to. As…

Homepage > News > Business > First blockchain-powered fleet in the Philippines launched The Philippines has taken a bold step in integrating blockchain technology into its transportation industry. Digital currency exchange Coins.ph, global ride-hailing platform inDrive, and decentralized mapping network Hivemapper have joined forces to unveil the country’s first blockchain-powered fleet. Officially launched on December 5, this initiative aims to empower Filipino drivers with additional income opportunities while contributing to a decentralized mapping network. “We want to empower Filipinos to earn through the opportunities that crypto and Web3 provide,” said Wei Zhou, CEO of Coins.ph. “With this partnership, we’re transforming…

Ethena Labs aims to integrate its staked synthetic dollar, sUSDe, with World Liberty Financial, a DeFi protocol endorsed by President-elect Donald Trump. The decentralized finance protocol has submitted a proposal to add sUSDe to World Liberty Financial’s upcoming Aave instance. If approved by the community, the staked stable token will become a core collateral asset for users. Ethena sUSDe is the staked version of its (USDE) coin, a synthetic dollar backed by leveraged positions underpinned by cryptocurrencies like Bitcoin (BTC) and staked Ethereum (stETH). The token’s mechanics involve simultaneously longing and shorting other assets, maintaining its dollar peg through the…

Layer3 is excited to announce our newest partnership with Zapper. Zapper is an all-in-one DeFi (decentralized finance) dashboard for users to manage and view their crypto assets in one place. While self-custody is standard in Web3, it’s often difficult to track your assets across separate wallets and protocols. We’re a huge fan of Zapper for simplifying this process. “Zapper is one of the most user-friendly decentralized apps you can use to track your portfolio. We’re always looking to partner with web3 projects that center the needs of users at all stages in their crypto journey, and working with Zapper is…

The crypto market has continued to rally as we approach the end of 2024, with certain altcoins standing out for their exceptional growth potential. Three major players are shining out in the space: Cardano (ADA), Solana (SOL), and the newcomer Yeti Ouro (YETIO). Each coin is drawing attention for different reasons—Cardano for its upcoming upgrades, Solana for its ecosystem expansion, and Yeti Ouro for its early-stage success and impressive returns. Cardano: A Massive Rally on the Horizon? Cardano, often hailed as one of the most fundamentally strong blockchain networks, is set to make waves in 2025. The network’s scalability and…

Coinbase has successfully fended off a restraining order sought by BiT Global as a California court ruled in favor of the exchange’s decision to delist Wrapped Bitcoin.  The Hong Kong-based company BiT Global is allegedly tied to crypto entrepreneur and TRON founder Justin Sun who had sought the order to prohibit Coinbase from removing Wrapped Bitcoin (wBTC), arguing it would inflict irreparable damage to its business. The ruling from U.S. District Judge Araceli Martínez-Olguín permits the delisting to move forward as scheduled. As covered by crypto.news earlier, the American cryptocurrency exchange giant Coinbase revealed on Nov. 19 that it would…