Author: Yeek.io

10x Research’s head crypto researcher isn’t ruling out Bitcoin repeating its 2024 price action, where it spent much of the year consolidating after hitting all-time highs early on.“Very possible,” Markus Thielen told Cointelegraph when asked what the chances of Bitcoin (BTC) repeating a similar market movement to 2024, where it reached an all-time high of $73,679 in March before entering a consolidation phase, swinging within a range of around $20,000 up until Donald Trump was elected as US president in November.Bitcoin’s current chart signals “market indecision”Thielen said he had this thought even two months ago, around the time Bitcoin hit…

Robinhood’s listing boosted PENGU, PNUT, and POPCAT with double-digit recoveries POPCAT may be primed for an extended rebound, but it faces a key overhead hurdle.  Popcat [POPCAT] and Peanut the Squirrel [PNUT] topped Solana [SOL] memecoin daily performers on Friday, before the U.S market session opened. According to Coinmarketcap data, POPCAT surged by 16% while PNUT bounced by 6%. In fact, it was among the top three performers over the last 24 hours.  Source: CoinMarketCap The upswing followed Robinhood’s listing of the memecoins, including Pudgy Penguins [PENGU] on 13 March. PENGU jumped by 26% after the update, but it erased…

As the final migration deadline for Pi Network approaches, traders are growing increasingly anxious. With the cutoff set for March 14, 2025, market sentiment has shifted dramatically, igniting fears of a sharp price crash that could plunge PI into a freefall. Over the past few weeks, PI has been trading in a narrow band around $1.67, hovering just above a key support level of approximately $1.64. Despite recent attempts to break out of a descending channel, the price remains vulnerable. Analysts warn that a breach below this support could trigger a cascade of sell orders, potentially driving the price down…

Amid ongoing sanctions over the war in Ukraine, Russia has turned to bitcoin and other cryptocurrencies to facilitate some of its oil trade with major buyers China and India. According to a Reuters report, Russian oil companies and traders increasingly conduct transactions in bitcoin and crypto, allowing them to circumvent restrictions from Western nations. Sources say monthly trade volumes are already in the tens of millions of dollars. The mechanism involves Chinese or Indian buyers purchasing oil and depositing yuan or rupees into an offshore account owned by a middleman company. The middleman then converts the fiat currency into crypto…

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. Solana (SOL) is facing significant selling pressure and struggling to hold key support levels as the entire crypto market remains under stress. Bulls have lost control, with SOL plunging over 37% since the start of March, reflecting the broader…

Global investment manager VanEck has filed for an Avalanche (AVAX) exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC) seeking to offer investors direct exposure to the smart contract platform. A snippet of the S-1 filing was shared on social media on March 14 by Bloomberg analyst James Seyffart, who has been closely monitoring developments in the crypto ETF industry.Source: James SeyffartThe proposed VanEck Avalanche ETF intends to “reflect the performance of the price of “AVAX,” the native token of the Avalanche network, less the expenses of the Trust’s operations,” the prospectus read. The proposed fund will hold AVAX…

David Sacks and his venture capital firm sold over $200 million in crypto and crypto-related stocks before he commenced his role as the White House AI and crypto czar, a White House memorandum disclosed.“You and Craft Ventures have divested over $200 million of positions related to the digital asset industry, of which $85 million is directly attributable to you,” said the memorandum dated March 5.Crypto sell-off in an effort to prevent conflict of interestThe memorandum said “significant steps” were taken to reduce potential conflicts of interest before Sacks began his tenure as the White House AI and crypto czar —…

A previously unknown type of cryptojacking malware called MassJacker is targeting piracy users and hijacking crypto transactions by replacing stored addresses, according to a March 10 report from CyberArk.The cryptojacking malware originates from the website pesktop[dot]com, where users seeking to download pirated software may unknowingly infect their devices with the MassJacker malware. After the malware is installed, the infection swaps out crypto addresses stored on the clipboard application for addresses controlled by the attacker.According to CyberArk, there are 778,531 unique wallets linked to the theft. However, only 423 wallets held crypto assets at any point. The total amount of crypto…

Homepage > News > Business > This Week in AI: DeepSeek seeks funding, AI laws take shape DeepSeek’s unconventional approach to fundraising In a surprising and uncommon move within the artificial intelligence (AI) industry, DeepSeek, the AI company that made a splash for allegedly offering a highly capable model at a fraction of the cost of its United States competitors, has announced that it isn’t actively seeking venture capital funding. DeepSeek cites three primary reasons for avoiding venture capital (VC) money. First, they don’t want to dilute ownership or lose company control. Second, they fear that investments from Chinese firms…

A Solana (SOL) layer-2 scaling solution defied the wider crypto market slump and surged by more than 41% this week following a flurry of recent exchange listings. Solayer (LAYER) is a blockchain network designed for high throughput and near-zero latency. The network bills itself as “infinitely scalable” and is designed to handle 1 million transactions per second (TPS). Explains the project, “Solayer is a protocol for developers who want to enhance their decentralize application’s performance on Solana. It aims to increase the reliability of network access while reducing associated costs by up to 50x.” Solayer’s new native token, LAYER, is…