Author: Yeek.io
Ethereum’s native token, Ether (ETH), has ventured into oversold territory multiple times against Bitcoin (BTC) in recent months, but the altcoin has yet to show any signs of finding a price bottom. The trading situation is actually quite similar to a previous scenario, and ETH’s market structure suggests that it could repeat itself in Q2 to Q3 of this year.Ether’s repeat breakdowns point to more downsideThe relative strength index (RSI) on ETH’s 3-day timeframe remains below 30, a level that typically signals a potential bounce. However, historical patterns show that previous dips into oversold conditions have failed to mark a…
BNB has once again demonstrated its resilience and strength by breaking through the crucial $605 resistance level. This milestone, achieved after weeks of testing and consolidation, has sparked renewed interest among traders and investors. Following the breakout, BNB has entered a phase of price stabilization, comfortably holding above the $605 mark and transforming it into a robust support zone. This consolidation phase is a classic sign of a healthy market, as it allows the asset to catch its breath after a significant upward move. It also suggests that the breakout was backed by genuine buying pressure rather than short-term speculation.…
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 is currently consolidating below the $2,000 mark, trading within a narrow range between $1,800 and $1,900 as market uncertainty persists. Bulls have lost control, and speculation about a potential continuation of the bear trend is growing among analysts…
Recently, XRP XRP reached a key resistance level as its market capitalization approached $200 billion. This resistance has played a historical role, having been observed multiple times in 2017 and 2018, each time leading to a minimum 160% surge against ETH ETH. XRP’s price trends recently The XRP/ETH pair has surged to 0.00128 ETH for the past few days, marking its highest level since April 2020. This represents a staggering 925% rebound from its all-time low of 0.00013 ETH in June 2024 and an impressive 620% gain since November 2024, following Donald Trump’s victory in the U.S. presidential election. Source:…
Key Takeaways: New capital fuels a shift toward streamlined onchain development. A simplified protocol cuts out lengthy smart contract processes. The model invites both crypto startups and established finance to engage with blockchain. Blockchain payments firm Halliday has secured $20 million in Series A funding, led by Andreessen Horowitz (a16z) with participation from Avalanche Blizzard Fund, Credibly Neutral, and Alt Layer, the firm announced Tuesday.The investment seeks to accelerate the development of Halliday’s Workflow Protocol, which enables onchain application development without smart contracts. 1/ Today, we are thrilled to announce our $20M Series A, led by @a16zcrypto, with participation from…
Quick take: The round also attracted participation from Franklin Templeton, Nyca, First Round, and Lightspeed Faction. Fortune reported that the round was structured as simple equity with no promise for token warrants. Co-founded by Rodri Fernández Touza and Alfonso Gómez-Jordana Mañas both engineers by training, Crossmint is “built to appeal to software engineers.” Crypto API infrastructure platform Crossmint has revealed a $23.6 million funding raised across three rounds. According to the announcement on Tuesday, the funding includes a seed round, a strategic round and a Series A round led by Ribbit Capital. The fundraising also attracted participation from Franklin Templeton,…
Solana’ recovery is under pressure from large-scale sell-offs and weak sentiment. Beyond technical, Solana found itself embroiled in controversy. Solana [SOL] has plunged 36% this month, ranking as the worst-performing top asset. A 2% uptick in trading volume, coupled with an oversold RSI and a bullish MACD crossover, signals potential dip buying around $120. However, with risk appetite still low, can SOL bulls leverage technicals alone to stage a recovery? Beyond the charts: Key factors at play Pumpfun continues to fuel selling pressure on Solana, recently transferring 196,370 SOL worth $25.3 million to Kraken. In total, it has deposited 2,629,656…
Solana futures (SOL) on the Chicago Mercantile Exchange (CME) went live on March 17, with a trading volume of $12.1 million on day 1, which fell short compared to Bitcoin (BTC) and Ethereum’s (ETH) CME futures debut. CME Crypto futures comparison by Vetle Lunde. Source: X.comVetle Lunde, Head of Research at K33Research, compared the difference between Bitcoin (BTC), Ether (ETH) and Solana (SOL) CME futures trading performances on their launch day, and it is clear that SOL’s CME futures volume and open interest came in far below its competitors. However, Lunde pointed out that if normalized volumes to the market…
Major cryptocurrencies such as Bitcoin and Ethereum have started the week with a nothing burger – prices are flat.However, investors are scrambling to buy new cryptocurrencies, with some of the most popular ones seeing big capital inflows. It appears that smart traders are positioning in new cryptocurrencies now ahead of the market’s next leg up, which is expected to happen soon.With that in mind, here are the three trending new crypto to buy now:SolaxySolaxy is a new project that promises to unlock the full power of Solana through its first-ever layer 2 blockchain. Right now, Solana is one of the…
Homepage > News > Tech > Babbage set to release new software stack for BSV Hackathon Babbage is updating its Web3 blockchain toolbox for the upcoming BSV Hackathon in Texas, and it’s full of shiny, useful new things. Developers interested in finding new use cases and building applications everyone wants to use should sign up as soon as possible. The BSV Hackathon begins on April 5, 2025. All the information is available here. The event takes place in Austin, Texas, from April 5-6, and it’s in-person only. However, if you’re far away from there and you think your idea is…