Author: Yeek.io
Bitcoin’s cyclical nature has captivated investors for over a decade, and tools like the Realized Cap HODL Waves offer a window into the psychology of the market. As an adaptation of the traditional HODL waves, this indicator provides crucial insights by weighting age bands by the realized price—the cost basis of Bitcoin held in wallets at any given time.Currently, the six-month-and-below band sits at ~55%, signaling a market with room to grow before reaching overheated levels historically seen around 80%. In this article, we’ll dive into the details of Realized Cap HODL Waves, what they tell us about the market,…
Este artículo también está disponible en español. Dogecoin has seen choppy price action over the past few weeks, reflecting the broader market’s indecision. After reaching a new yearly high of $0.484, the price retraced sharply, losing over 25% of its value. This pullback has left Dogecoin struggling to regain strength and find clear direction, creating uncertainty among retail investors. Related Reading Despite the retrace, on-chain data provides a promising signal for Dogecoin’s potential recovery. Metrics from Santiment reveal that Dogecoin whales took advantage of the recent dip, accumulating a staggering 210 million DOGE during the correction. This accumulation suggests that…
In a post on X, Matthew Sigel, Head of Digital Assets Research at investment management firm VanEck, suggested that Microsoft may be open to invest in an Ethereum (ETH) exchange-traded fund (ETF) if it fulfills the company’s yield requirements. Sigel remarked that it “sounds to [him] like MSFT is open to an ETH ETF as long as they can collect staking income.” Microsoft Open To Spot Ethereum ETFs? This interpretation came after Amy Hood, Executive Vice President and Chief Financial Officer at Microsoft, reiterated the company’s long standing engagement with digital assets. While not specifically referencing ETH, Hood noted that…
Hybrid god game, card-battling roguelite title Apeiron has released Apeiron: Godling Genesis, available on the Apple App and Google Play Stores.Bringing the title’s unique gameplay to mobile devices, this release opens up the title to a much wider market, with the hopes of expanding its already significant playbase.This initial mobile release is available to players in Southeast Asia, Hong Kong, and Japan, with plans for a broader launch in the US, China, and Latin America in 2025. Source: ApeironWhat is Apeiron?Apeiron is the world’s first web3 god game and card-battler title, built on the Ronin Network.Developed by Hong Kong-based studio…
Homepage > News > Business > Binance/Circle USDC tie up targets Tether’s stablecoin dominance Binance and Circle have teamed up to boost the adoption of the USDC stablecoin, a move that calls into question the long-term future of Tether’s dominant USDT. On December 10, the Binance digital asset exchange and USDC-issuer Circle announced a “strategic partnership to accelerate global USDC and crypto adoption.” Binance will “integrate USDC across its products and services, making it more accessible to its 240 million users for trading, saving, and payments, while also adopting USDC for its corporate treasury operations.” Circle’s role will be to “provide Binance with technology,…
Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.Biggest Hardfork in DeFiChain’s History is less than 5 days away!📅Block Height: 4,463,000⏳ Estimated Time: 29.10.2024, 15:00 CEST⏲️ Countdown: DeFiScan Get ready for new features and upgrades!DeFiChain Hardfork OverviewThe next DeFiChain Hardfork is coming up on Oct 29th, activating at block height 4,463,000. Here’s what to expect to avoid any misunderstandings in the community:DeFiChain Hardfork OverviewThe next DeFiChain Hardfork is coming up on Oct 29th, activating at block height 4,463,000. Here’s what…
PEPE’s MVRV ratio has declined from 1.96 to 1.74 despite the price gaining by nearly 10% in 24 hours. An ascending triangle pattern suggested that PEPE was poised for more gains. Pepe [PEPE] staged a bold recovery at press time after a nearly 10% gain to trade at $0.0000249. These gains mirrored the performance of most memecoins after their total market capitalization rose above $138M after an 8% gain in 24 hours. PEPE has been among the top performers in the crypto market this month after creating a new all-time high of $0.000028 on the 9th of December. While it…
Turbo forms a bullish cup and handle pattern, aiming for $0.016 if $0.0135 breaks. Rising open interest and strong on-chain activity indicate bullish momentum despite volatility risks. Turbo [TURBO] has experienced a remarkable surge, climbing 18% in the last 24 hours, capturing significant attention from traders. At press time, Turbo was trading at $0.01302. Therefore, the key question remains: will Turbo break through the critical resistance at $0.0135 and soar to $0.016, or will it retrace to test support at $0.0095? With the current momentum and growing speculation, the next move could be decisive. Is turbo gearing up for a…
Floki price rose for the second consecutive day as cryptocurrencies rebounded and traders anticipated the upcoming Wise Monkey airdrop. Floki (FLOKI), one of the leading meme coins in crypto, traded at $0.000248, up about 22% from this week’s lowest level. This recovery came after developers shared additional details about the Wise Monkey airdrop. FLOKI holders are set to receive approximately 27% of all MONKY tokens by Dec. 20. An additional 4% of MONKY tokens will be airdropped to TokenFi holders, while another 4% will reward users of the Floki Bot traders. IMPORTANT UPDATE ABOUT THE WISE MONKEY / $MONKY TOKENAs previously…
The climb followed a shaky start, where Bitcoin initially faltered after the daily close. However, renewed buying activity helped the cryptocurrency reclaim six figures. Traders brushed off concerns from earlier setbacks, such as Microsoft’s rejection of Bitcoin in its treasury strategy.Popular trader Skew noted strong liquidity dynamics on Binance, observing a “passive buyer” driving demand. Skew also highlighted $97,000 as the recent equilibrium point for BTC/USDT on the exchange.Fellow traders remained optimistic of further upside. Roman, a trader on X, pointed to a “reset” relative strength index (RSI) on daily charts to predict a clean move toward $112,000. Another trader,…