Author: Yeek.io
Memecoin supercycle narratives are heating up as speculative capital flows into high-beta assets. SHIB has historically displayed parabolic rallies, driven by speculative interest and liquidity surges. The memecoin market continues to outperform as major altcoins struggle under Bitcoin’s [BTC] dominance, with memecoins registering a 6% increase in market capitalization amid BTC’s consolidation. Shiba Inu [SHIB], a high-beta asset in the sector, has historically exhibited parabolic expansions during Bitcoin’s range-bound phases, thriving on speculative capital inflows. Notably, in early March 2024, SHIB printed three consecutive higher highs, each delivering a 30%+ intraday surge, following a breakout from a prolonged accumulation phase.…
Key Takeaways: Investors moved large amounts of BTC, ETH, and XRP into exchanges before and after Trump’s speech, signaling a strong intent to sell. Bitcoin fell from $88,500 to $83,000, Ethereum dropped 6% to $1,820, and XRP declined 5% after Trump announced tariffs on 100+ countries. CryptoQuant reports Bitcoin open interest dropped from 334K to 304K BTC, and ETH open interest fell by 100K ETH, indicating traders closed long positions to take profits or avoid losses. The cryptocurrency market has tumbled following President Donald Trump’s announcement of sweeping reciprocal tariffs on over 100 countries on April 2. CryptoQuant Bull Score…
Homepage > News > Business > This Week in Crypto: Trump’s mining venture; Circle to go public Trump family launches Bitcoin mining venture with Hut 8 This week, the Trump family took another step deeper into the crypto world by acquiring a stake in a new Bitcoin mining operation called American Bitcoin. The new company, formerly American Data Centers Inc., has rebranded as part of the deal and is majority-owned and operated by publicly traded mining company Hut 8 (NASDAQ: HUT). Eric Trump and Donald Trump Jr. are part of a group of investors taking a 20% stake in the new venture,…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum (ETH) has seen a 17% drop in the last month, trading below $1,850 for the past few days. Amid its current performance, an analyst has warned investors the cryptocurrency risks dropping to 17-month lows if it fails to…
Opinion by: Merav Ozair, PhDTech moguls cannot stop heralding the artificial intelligence revolution — from Bill Gates to Sundar Pichai to Jensen Huang — signaling that agentic AI and robotics will claim our jobs and act as our autonomous assistants performing on our behalf in our professional and personal lives.Whether these scenarios happen in a few years or are decades away, we will most likely evolve into that future in some manner, and technology, once again, will reshape our lives. Without the support of blockchain technology, however, it would be quite difficult, and potentially impossible, for agentic AI and robotics…
Key Takeaways: Nearly half (47%) of Polymarket bettors now predict a U.S. recession in 2025, a sharp rise from 20% at the poll’s start in January. Following Trump’s “Liberation Day” tariffs announcement, the Dow plummeted 1,300 points, with the Nasdaq and S&P 500 also experiencing steep declines. Yale’s Budget Lab estimates that rising price levels from the tariffs could cost American consumers between $2,700 and $3,400 annually. Nearly half of Polymarket bettors in a new poll are predicting that the U.S. will fall into a recession this year.Polymarket Bettors Indicate Grim Economic OutlookAccording to the decentralized prediction marketplace’s poll created…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the large Ethereum investors have been adding to their holdings recently, a sign that could be bullish for the ETH price. Ethereum Large Holders Netflow Has Turned Positive Recently In a new post on X, the market intelligence platform IntoTheBlock has talked about the trend in the Large Holders Netflow for Ethereum. This metric measures the net amount of the cryptocurrency that’s moving into or out of the wallets controlled by the Large Holders. The analytics firm defines three categories for investors: Retail, Investors,…
Homepage > News > Business > South Africa launches $800M smart city South Africa has launched a new smart city in the eastern province of KwaZulu-Natal, which it says will create over 23,000 new jobs and tap the latest technology to offer residents a quality modern life. Dubbed Westown, the new city is expected to cost R15 billion ($805 million) and to be completed over the next 15 years. Construction of the first phase started recently, with officials stating that it will be a “live, work and play” ecosystem housing residential properties, retail outlets, healthcare facilities, recreational amenities and more. During…
The value locked in Bitcoin-based decentralized finance (BTCFi) has surged by more than 2,700% over the past year, potentially transforming Bitcoin from a passive store of value into a productive, yield-bearing asset, according to new research from Binance.BTCFi is a new technological paradigm that aims to bring decentralized finance capabilities to Bitcoin’s base layer. It is one of the fastest-growing crypto sectors, reaching a total value locked (TVL) of over $8.6 billion.The growing value of BTCFi, “along with potential interest rate cuts, may reinforce positive sentiment for Bitcoin in the medium and long term,” Binance Research wrote in a report…
The Russian Central Bank Governor Elvira Nabiullina has doubled down on recent calls to ban crypto, telling lawmakers that traders should face “stricter punishments.”Nabiullina last month said that she wants to “ban settlements made in cryptocurrencies between residents” outside the “experimental legal regime,” a Central Bank-run sandbox.Russian Central Bank: Crypto Must Be Kept Out of EconomyThe Governor, a key ally of President Vladimir Putin and the chief architect of Moscow’s digital ruble (CBDC) project, was speaking in the State Duma on April 3, RBC reported. Russian Central Bank Governor Elvira Nabiullina addressing lawmakers in April 2025. (Source: DumaTV/Screenshot)Nabiullina, a long-time…