Author: Yeek.io
Toncoin Open Interest (OI) has jumped 67% over the past 24 hours following Telegram founder Pavel Durov’s reported departure from France, where he had been required to stay since his arrest six months ago.On March 15, Toncoin (TON) OI — a metric tracking the total number of unsettled Toncoin derivative contracts such as options and futures — reached $169 million, representing a 67% increase from the previous day when the reports of Durov’s departure first surfaced, according to CoinGlass data.Toncoin open interest reaches highest level in 42 daysIt is the highest level of OI in Toncoin since Feb. 1, when…
XRP’s price is eyeing a breakout from a classic chart pattern in the near future after Ripple acquired its first-ever license in the Middle East. XRP price chart hints at possible 46% gainsXRP (XRP) has been consolidating inside a descending triangle pattern since topping out at its seven-year high of $3.40 on Jan. 16. After finding support from the triangle’s horizontal line at $2.00, the XRP/USD pair has left behind a sequence of higher lows over the last four days to its upper trendline, as shown in the chart below.XRP/USD daily chart. Source: Cointelegraph/TradingViewXRP‘s price is now testing the triangle‘s upper…
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. The Chainlink price has had its fair share of the early-2025 struggles, falling to a new low just above the $12 level earlier this week. The altcoin has had to contend with the widespread bearish pressure and worsening investor…
PEPE saw heavy selling pressure, but exchange reserves have been falling too With holders selling at a loss, faith in the memecoin’s recovery appeared to be extremely low PEPE, at the time of writing, had bounced by 35.2% in just four days. However, its daily chart revealed that a downtrend was still in play and dominant. In fact, it faced a 75.1% drawdown from its December highs. Worth noting, however, that the crypto market as a whole has suffered significant losses in the last three months. Source: CoinMarketCap The memecoin sector has been one of the worst performing ones in…
According to analysts, the GENIUS Act could accommodate Tether with slight conditions The U.S. Senate Banking Committee has advanced the bill for debate and a vote The U.S. stablecoin bill, GENIUS Act, is great for Tether’s USDT in its current form. This, according to policy watchers who have evaluated the package so far. In fact, according to Alex Thorn, Head of Research at Galaxy Digital, Tether now has the flexibility to register in the United States or operate offshore without dire consequences. He said, “In its current form, the GENIUS Act is great for tether. The door is open for…
A technology investor who backed ridesharing app Uber in its early days has sparked backlash from the Bitcoin community after claiming Bitcoin will inevitably be replaced by something better.“Bitcoin has been a wonderful game, but with a couple giant players cornering the market, the timing is right to “build a better Bitcoin” — restarting the game,” prominent angel investor and internet entrepreneur Jason Calacanis told his 981,600 X followers on March 14.Calacanis, an early investor in Bitcoin-related companies like online trading platform Robinhood and Bitcoin startup Keza, said, “All technology gets replaced over time… and Bitcoin will be no different.”Opportunity…
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 (ETH) is now trading below the crucial $2,000 mark, struggling to find momentum after days of selling pressure and consolidation around $1,900. The broader crypto market remains under heavy bearish control, and ETH has lost over 57% of…
Homepage > News > Business > This Week in Crypto: US prompts policy shifts, eyes CZ deal Trump reportedly eyeing stake in Binance.US There are rumors that the Trump family is in talks to acquire a stake in Binance.US, the American arm of the global digital currency exchange Binance. But beneath the surface, this potential deal appears to be more than just a business transaction—it could have significant political and personal motivations behind it. According to reports, Binance’s majority owner and former CEO, Changpeng Zhao, has been seeking a presidential pardon. This raises questions about whether the Trump family’s proposed…
Ether risks another decline below $1,900, which may open up a significant amount of investor demand, which may catalyze Ether’s recovery from its three-month downtrendEther (ETH) price fell over 52% during its three-month downtrend after it peaked above $4,100 on Dec. 16, 2024, TradingView data shows.While another correction below $1,900 is on the horizon, this may unleash significant buying pressure, according to Juan Pellicer, senior research analyst at IntoTheBlock.ETH/USD, 1-day chart. Source: Cointelegraph/TradingView“Onchain metrics reveal a robust demand zone for ETH just below $1,900,” the analyst told Cointelegraph, adding:“Historically, around 4.3 million ETH were bought in the $1,848–$1,905 range, signaling…
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…