Author: Yeek.io
On the morning of April 4, amid a sluggish market following Trump’s tariff announcement, Solana (SOL) plunged to its lowest level in three weeks. Let’s explore the key reasons behind this decline.Solana Suffers a Sharp DeclineThe price of Solana (SOL) has plummeted to $115, marking a steep decline of nearly 12.75% within the past 24 hours, as shown on the daily SOL/USD chart from TradingView. This drop has pushed SOL to its weakest level since mid-March, erasing much of the gains it had accumulated in recent weeks. Source: TradingViewFrom a technical analysis perspective, SOL’s daily chart is forming a bear flag…
Social virtual world Decentraland will host its flagship virtual event Metaverse Fashion Week (MVFW) this month, showcasing runways, panels, and showrooms, with the insiders arguing that “digital fashion can reflect—and reshape—our world.”MVFW 2025 will start on 9 April and will last until 12 April, hosting more than 47 global designers and brands. The theme is ‘Infinite Identities.’ According to the press release, the event will happen on Decentraland 2.0, the platform’s redesigned desktop client. The team has made improvements to offer boosted visuals, interactivity, and accessibility. Therefore, it allows an immersive environment for both the creators and the attendees. Moreover,…
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption of the world’s first cryptocurrency.The identity of Nakamoto remains one of the biggest mysteries in crypto, with speculation ranging from cryptographers like Adam Back and Nick Szabo to broader theories involving government intelligence agencies.While Nakamoto’s identity remains anonymous, the Bitcoin (BTC) creator is believed to have turned 50 on April 5 based on details shared in the past. According to archived data from his P2P Foundation profile, Nakamoto once claimed to be a 37-year-old man living in Japan and listed…
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,…