Author: Yeek.io
Crypto analysts predicted that Dogecoin could still reverse its current downward trend and propel itself to hit $1 per coin, a forecast that might increase investors’ optimism about the popular meme coin. Market experts said that Elon Musk’s favorite meme coin can bank on the increasing whale activity and a positive outlook from the Stochastic RSI analysis showing a potential upward price trajectory. Optimism On The DOGE Dogecoin might not have been spared by the bearish market condition affecting the broader cryptocurrency space but despite the memecoin’s facing several short-term challenges, crypto analysts remain confident in the future of the…
A Coinbase report revealed that the crypto exchange is the largest node operator on the Ethereum network, controlling 11.42% of the total staked Ether.In a performance report, Coinbase said it had 3.84 million Ether (ETH), worth about $6.8 billion, staked to its validators. The exchange said that, as of March 3, it has 11.42% of the total staked ETH. Anthony Sassano, host of The Daily Gwei, said that Coinbase’s stake makes the exchange the “single largest node operator” in the network. Sassano added that while the staking platform Lido is bigger as a collective, each node operator has a much smaller percentage…
Garantex, a Russian crypto exchange sanctioned by the US, is reportedly back in business under a new name, Grinex, after moving funds and users to the platform. A report from Swiss blockchain analytics firm Global Ledger claims that Garantex has shifted its liquidity and customer balances to Grinex. The report cited on-chain and off-chain evidence linking the two exchanges despite Garantex’s official shutdown. Global Ledger found that Garantex laundered over $60 million worth of ruble-backed stablecoins, A7A5, through a process of burning and reminting to wipe transaction histories. These funds were then funneled to Grinex, allowing the new platform to…
The lion’s share of the hacked Bybit funds is still traceable after the historic cybertheft, as blockchain investigators continue their efforts to freeze and recover these funds.The crypto industry was rocked by the largest hack in history on Feb. 21, when Bybit lost over $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH (mETH) and other digital assets.Blockchain security firms, including Arkham Intelligence, have identified North Korea’s Lazarus Group as the likely culprit behind the Bybit exploit, as the attackers have continued swapping the funds in an effort to make them untraceable.Despite the Lazarus Group’s efforts, over 88% of the…
The cryptocurrency market is up today, with the total market capitalization rising by approximately 3.2% in the last 24 hours to reach $2.8 trillion on March 20. The gains were led by Bitcoin (BTC) and Ether (ETH), which have risen around 3% and 4%, respectively.Crypto market performance Jan. 30. Source: Coin360Let’s look at the top catalysts driving the crypto market rebound today.Risk-on sentiment pushed the crypto market upThe crypto market rebound mirrors gains in US equities following the Fed’s decision to leave interest rates unchanged.The S&P 500 and the Nasdaq rose by 1.08% and 1.4%, during the late New York…
Gotbit founder Aleksei Andriunin, currently facing crypto market manipulation and wire fraud, has reached a plea deal with the US federal prosecutors, agreeing to forfeit about $23 million in crypto.Prosecutors had initially stated that Andriunin could face a maximum sentence of 20 years in prison for wire fraud charges and up to five years for conspiracy to commit market manipulation, in addition to financial penalties.However, in a letter submitted Wednesday to a Massachusetts federal court, prosecutors recommended that Andriunin avoid prison time altogether. Instead, they proposed probationary terms of up to five years per count, citing his decision to plead…
Sonic could rally nearly 30% from its current price, driven by the launch of its virtual payments card and its expansion in DeFi through new partnerships. According to analyst Robert Mercer, Sonic has reclaimed key support and is breaking out of a downtrend, setting up for what the analyst labeled as a “programmed” run toward $0.60–$0.70 and possibly even $1. A chart shared by the analyst on X highlighted a bullish breakout from a descending trendline with strong momentum, which is typically a precursor for further upside. Source: X/Robert_Klondike Well-followed trader Crypto Nova echoed this bullish sentiment, noting that Sonic…
Crypto strategist Michaël van de Poppe says Bitcoin (BTC) may take off on a series of rallies if it can break through a key resistance level in the coming days. The analyst tells his 782,000 followers on the social media platform X that Bitcoin needs to flip $84,500 into support this week in order to regain bullish momentum. However, he warns if Bitcoin fails to break through $84,500, the flagship crypto asset may collapse in price. “I really want to see some momentum on Bitcoin. If it doesn’t happen this week and we’ll break sub $82,000, likely we’ll see some…
Neither of the firms has made the negotiations public, but reports suggest that they could finalize the agreement by March 20. In case of finalization, NinjaTrader will be independent while tapping into the global presence of Kraken. The deal is expected to enable NinjaTrader to expand its services into markets including the UK, Europe, and Australia.NinjaTrader, a widely used futures trading platform, offers advanced features like simulated trading, live analysis, and customization. It has 1.9 million clients and generates approximately $55.3 million in revenue annually.Kraken, though, remains a crypto leader. In 2024, the exchange generated $1.5 billion in revenue and…
Six projects, recently featured on Binance Alpha, have announced their upcoming listing on Binance’s derivatives market.Binance Future Listing Announcement DetailsAccording to the official announcement, all six tokens will be available for trading with a maximum leverage of up to 25x. The specific listing times are as follows:2025-03-20 09:00 (UTC): $TUT2025-03-20 09:15 (UTC): $BID2025-03-21 09:00 (UTC): $BROCCOLI7142025-03-21 09:15 (UTC): $BROCCOLIF32025-03-22 09:00 (UTC): $SIREN2025-03-22 09:15 (UTC): $BANANAS31Token Price ReactionsFollowing the announcement, all six projects experienced significant price surges, with TUT increasing by 100% and BID demonstrating a remarkable 170% growth. However, it is crucial to exercise caution and avoid engaging in FOMO…