Author: Yeek.io
Currently trading at $2.25—after experiencing a 3.73% decline in the last 24 hours and an 18.23% drop over the past 30 days—XRP remains one of the most closely watched altcoins. Market sentiment has been mixed recently. While short-term bearish indicators have emerged, some technical analysts see signs of consolidation, suggesting that a modest rebound might be on the horizon. XRP Price Analysis The immediate support is firmly established at $2.25—a level where significant buying interest has been noted. Additionally, if a downturn occurs, the next support zone could be around $2.00, a psychological level that has historically held firm during…
Crypto firm Bakkt’s share price has closed March 18 trading down over 27% after it disclosed that two of it biggest clients, the Bank of America and Webull, won’t renew commercial agreements. In a March 17 regulatory filing, Bakkt said it had received notice of Bank of America not renewing its commercial agreement when the deal expires on April 22. It also disclosed that the brokerage platform Webull had also decided not to renew its agreement when it ends on June 14. Bank of America represented 17% of Bakkt’s loyalty services revenue in the nine months ending Sept. 30, 2024, according to…
Ethereum (ETH) has officially lost the $2,000 mark, plunging to its lowest levels since October 2023 as selling pressure intensifies. The price recently dropped as low as $1,750, marking a dramatic decline from its December 2024 high of $4,100. This 57% crash has created a difficult environment for bulls, with Ethereum struggling to find support amid broader market weakness. The crypto market downturn has left ETH vulnerable, with investors concerned about further downside risks. With macroeconomic uncertainty and bearish sentiment dominating, Ethereum remains in a fragile position, failing to reclaim key resistance levels. On-chain data from CryptoQuant reveals that Ethereum…
The BNB Chain-based memecoin launch platform Four.Meme has resumed operations after being hit with a sandwich attack that exploited it for around $120,000. Four.Meme said in a March 18 X post that its launch function was back after inspecting and addressing a security issue. It had earlier suspended the function to investigate it, saying it was “under attack.”“The launch function has now been resumed after a thorough security inspection. Our team has addressed the issue and reinforced system security. Compensation for affected users is underway,” the Four.Meme team said. Source: Four.MemeWeb3 security firm ExVul said in a March 18 X post that…
On March 2, President Donald Trump mentioned Cardano’s ADA (ADA) token among the cryptocurrencies to be included in the US strategic crypto reserve. Trump’s March 6 executive order clarified that altcoins would be part of the Digital Asset Stockpile (DAS) under the “responsible stewardship” of the Treasury.ADA’s potential inclusion in a government-managed portfolio sparked industry-wide surprise and, at times, harsh criticism. Although it has loyal investors who have supported it for years, many in the crypto community questioned why the token was included in the digital asset stockpile.Let’s analyze the blockchain to see if ADA’s fundamentals and utility support its…
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. Bitcoin (BTC) continues to trade below the psychological $90,000 level, with its price standing at $82,346. This marks a 24.3% drop from its all-time high above $109,000 recorded in January. Despite this downward trend, new on-chain data suggests that…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) has tumbled to a 4-year low against Bitcoin (BTC), further eroding investor confidence in the second-largest cryptocurrency by market cap. The last time ETH was this weak against BTC was back in December 2020. Ethereum Continues To Lose Ground To Bitcoin Ethereum hit a fresh multi-year low against the leading cryptocurrency, as the ETH/BTC trading pair – also known as the ETH/BTC ratio – dropped to 0.02284. The following monthly chart illustrates how ETH has been on a consistent downtrend against BTC for the past…
Sberbank, Russia’s largest bank, has launched a blockchain technology-powered token that tracks global cocoa prices.The bank’s coin is a so-called digital financial asset (DFA). Sberbank said its token price was “tied to the international price of cocoa” through “a cash-settled futures contract” on the Moscow Exchange.Sberbank Launches Blockchain-powered Commodities TokenThe Russian media outlet RBC reported that Sberbank says its coin allows customers access to the “international agricultural market.”Using a Sberbank ATM. (Source: Terpila Tepilov/YouTube/Screenshot)Russian banks have flocked to the DFA sector in recent years, with the crypto- and blockchain-keen Sberbank leading the way.Russian law defines DFAs as “tokenized versions of…
Coinbase has unveiled a new liquidity solution called Verified Pools which aims to make on-chain trading safer and more transparent for institutional and retail users. The feature, which was announced on Mar. 18, lowers counterparty risks while preserving decentralization by combining identity verification with liquidity pools. Decentralized finance has made it possible for users to trade assets without the need for middlemen, but because fund providers are anonymous, liquidity pools have often been risky. To solve this, Verified Pools requires users to link their Coinbase Wallet, Prime Onchain Wallet, or third-party wallets using a Coinbase Verifications credential. This gives on-chain…
OKB has a bearish daily structure, but it was on the verge of flipping bullishly. The quick resurgence and the steady buying pressure over the past week meant a breakout was likely. OKB [OKB], the exchange token of the crypto exchange OKEx, has made solid gains in recent days. The price was up by almost 35% in the past week, after it had slumped to $38 on the 11th of March. Bitcoin [BTC] was also up 7% over the past week. OKB’s relative strength against Bitcoin was highly encouraging. Technical analysis showed there were other encouraging factors for the price…