Author: Yeek.io
Ether needs to reclaim the “macro” range above the $2,200 mark to amass more upside momentum as crypto markets remain pressured by global macroeconomic concerns until at least the beginning of April.Ether (ETH) price is down over 51% during its three-month downtrend after it peaked above $4,100 on Dec. 16, 2024, TradingView data shows.ETH/USD, 1-day chart. Source: Cointelegraph/TradingViewTo stage a reversal from this downtrend, Ether price needs to reclaim the “macro range” above $2,200, wrote popular crypto analyst Rekt Capital in a March 19 X post:“If price can generate a strong enough reaction here, then #ETH will be able to…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
Sonic is a next-generation blockchain platform specifically tailored for high-speed gaming, aiming to process up to 10,000 transactions per second. Built to address the limitations of existing blockchains, Sonic offers minimal transaction fees and a user-friendly environment for developers of decentralized applications.Designed with fail-safe mechanisms and advanced governance models, it has quickly gained attention in the crypto space for its performance and low-cost structure. In this article, we explore Sonic’s key features, how it works, and what it means for the future of blockchain-based gaming.What is Sonic?Sonic is a blockchain network developed to combine high throughput, robust security, and ultra-low…
Bitcoin analysts are eying the weekly close to gauge Bitcoin’s price trajectory for next week, as traditional and crypto markets are lacking direction amid a mix of global trade war fears paired with easing inflation concerns.Bitcoin’s (BTC) price may see more downside next week unless it manages to close the week above the $85,000 psychological mark, according to Ryan Lee, chief analyst at Bitget Research.“Bitcoin’s relief rally after the FOMC meeting and lower CPI readings has analysts eyeing a weekly close above $85,000, as critical for resuming upside momentum,” Lee told Cointelegraph, adding:“A close above this level could prevent a…
Bitcoin (BTC) price has been oscillating inside the $82,400-85,300 range since March 14 as breakouts in both directions have been short-lived, as shown below.BTC/USD four-hour price chart. Source: TradingViewKey factors behind Bitcoin’s flat price action include:Trade war fears offset pro-Bitcoin newsBitcoin’s price is stuck as bullish and bearish headlines are clashing, creating bias conflicts that keep traders guessing and BTC range-bound.The bullish signals:On March 19, the Federal Reserve kept interest rates steady at 4.25%–4.50% and announced a slower pace of balance sheet runoff, signaling looser policy ahead.Fed Chair Jerome Powell used the word “transitory” to describe tariff-driven inflation, striking a…
Cryptocurrency exchanges are places where people buy and sell digital money like Bitcoin or Ethereum. These platforms often give bonuses to new users to make trading more fun and rewarding. GRVT is a new exchange that offers referral bonuses to new users who use our referral code KCN216H.In this guide, we will give you the GRVT referral code to get airdrop points, explain how to use it, and walk you through the steps to maximize your rewards on this innovative platform.What is the GRVT Referral Code?The best GRVT referral code is “KCN216H” to earn 10 airdrop points and a chance…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…
In the crypto sphere, presales have turned out to be a very popular means of obtaining early access to the best projects at very reasonable rates long before they see the light of day or before they are officially launched. These are the initial investment opportunities to grant them growth potential that can attract individuals who are willing to become investors at a very prospective stage. Aureal One and DexBoss are in their presale phases now, and they are offering unique pros for early adopters. The following provides a more extensive discussion of what readers should pay attention to. The…
The Sonic blockchain is working on the implementation of its yield-generating, algorithmic stablecoin despite fears over a potential collapse similar to the Terra-Luna meltdown that led to the industry’s longest crypto winter.Algorithmic stablecoins employ code-based mechanisms to ensure their price stability, as opposed to fiat stablecoins pegged directly to the value of the underlying currency.The Sonic blockchain is working on the implementation of an algorithmic stablecoin with up to 23% annual percentage rate (APR), according to Andre Cronje, co-founder of Sonic Labs and founder of Yearn.finance.Cronje wrote in a March 22 X post:“POC looks good. Yielding > 200% APR @…
An unknown trader pocketed nearly half a million dollars in profit from a newly launched memecoin shortly before the token lost half its value, fueling insider trading allegations amid a recent wave of memecoin collapses.The savvy trader made an over 1,500-fold return on his initial investment, turning it into over $482,000 in less than 24 hours on the Bubb (BUBB) memecoin.Source: Lookonchain“Turned $304 into $482K on $BUBB—a 1,586x return! This trader spent only $304 to buy 43.94M $BUBB and sold 28.9M $BUBB for $122K, leaving 15.64M $BUBB($360K),” wrote Lookonchain in a March 21 X post.The profitable trade happened shortly before…