Author: Yeek.io

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. An analytics firm has explained how the data related to the stablecoins could hint at whether the Bitcoin market top is in or not. Stablecoins Have Seen Their Market Cap Touch New Highs Recently In a new post on…

Russia is using Bitcoin, USDT, and other cryptocurrencies to trade oil with China and India to evade Western sanctions.Russia leans on digital assets to trade oil internationallyAccording to Reuters, Russia has begun using cryptocurrency as a payment method in oil transactions with China and India. This move is seen as a way for Russia to evade Western economic sanctions, which have complicated international financial transactions using the USD or traditional payment systems. Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources with direct knowledge of the matter https://t.co/F4MBSwHAKC— Reuters (@Reuters)…

In the last 24 hours, the price of BNB attempted to meet buyers’ demand as it surged toward $600. After recording a low below $580, buyers bought heavily and triggered a strong recovery rally for BNB toward $600. Additionally, BNB’s trading volume has dropped by 34% in the past 24 hours, reaching $1.52 billion. Looking at the bigger picture, BNB’s price has been facing increasing downward volatility since the crash on February 3. However, BNB is now recovering with a bullish rally. In the last 24 hours, its market cap has surged by 2.92% to $84.91 billion. BNB Faces Strong…

Bitcoin (BTC) failed to sustain levels above $85,000 on March 14, despite a 1.9% gain in the S&P 500 index. More importantly, it has been over a week since Bitcoin last traded at $90,000, prompting traders to question whether the bull market is truly over and how long selling pressure will persist. Bitcoin basis rate rebounds from bearish levelsFrom a derivatives perspective, Bitcoin metrics have shown resilience despite a 30% drop from its all-time high of $109,354 on Jan. 20. The Bitcoin basis rate, which measures the premium of monthly contracts over spot markets, has recovered to healthy levels after…

The current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts.The cumulative stablecoin supply has surpassed $219 billion, suggesting that the current cycle is still far from its top.Source: IntoTheBlockHistorically, stablecoin supply peaks have aligned with crypto cycle tops, according to a March 14 X post by crypto intelligence platform IntoTheBlock, which wrote:“In April 2022, supply hit $187B—just as the bear market started. Now it’s at $219B and still rising, suggesting we’re likely still mid-cycle.”Increasing stablecoin inflows to crypto…

The current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts.The cumulative stablecoin supply has surpassed $219 billion, suggesting that the current cycle is still far from its top.Source: IntoTheBlockHistorically, stablecoin supply peaks have aligned with crypto cycle tops, according to a March 14 X post by crypto intelligence platform IntoTheBlock, which wrote:“In April 2022, supply hit $187B—just as the bear market started. Now it’s at $219B and still rising, suggesting we’re likely still mid-cycle.”Increasing stablecoin inflows to 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. As Bitcoin (BTC) struggles amid the latest crypto market pullback – failing to decisively break past the $84,000 resistance – gold (XAU) continues its impressive rally, soaring to a record high of $3,000 per ounce on March 14. Bitcoin…

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…

Chainlink has unlocked 19M tokens and this could define LINK’s direction in the short-term Top whale wallets offloaded 13 million tokens two days before the unlock event On 15 March, Chainlink [LINK] unlocked 19M tokens worth $269M as part of its quarterly schedule, according to blockchain analytics platform Spot On Chain. The firm stated,  “14.875M $LINK ($212.9M) was sent to #Binance. 4.125M $LINK ($56.2M) was transferred to multi-sig wallet ‘0xD50’” Despite the massive unlock, however, LINK remained unscathed at press time, up about 6% following Bitcoin’s rebound to $85k. Hence, the question – Can LINK completely shrug the unlock without…

Bitcoin needs to close above the key $81,000 weekly level to avoid more downside volatility ahead of next week’s Federal Open Market Committee (FOMC) meeting, which will offer investors more cues on the Federal Reserve’s monetary policy for 2025.Bitcoin (BTC) price fell over 3% during the past week, to trade above $83,748 as of 9:33 a.m. in UTC, Cointelegraph Markets Pro data shows.Bitcoin price continues to risk significant downside volatility due to growing macroeconomic uncertainty around global trade tariffs,  according to Ryan Lee, chief analyst at Bitget Research.BTC/USD, 1-year chart. Source: CointelegraphClosing the week above $81,000 will be key to…