Author: Yeek.io

Matrixport analysts reveal that the memecoin market still has not recovered from the previous crypto market crash despite global liquidity on the rise. Memecoins have shown no signs of recovering any time soon after the apparent crypto market crash in mid-February. Even though the U.S. dollar weakening has sparked a rise in liquidity and improvements in inflation data, the memecoin market remains unaffected, according to the latest Matrixport report. In a previously published report, Matrixport analysts warned traders of an upcoming crypto consolidation phase, specifically one that would affect memecoins. Since then, recent analysis has shown that liquidity in Solana…

Less than 24 hours after triggering a $4 million loss in Hyperliquid’s HLP Vault, the same whale trader reappeared If whales can manipulate liquidation engines, smaller traders may feel at a disadvantage. The whale trader responsible for Hyperliquid’s $4 million vault loss yesterday is back in action, executing another round of high-leverage trades across multiple platforms. This time, the trader deposited $4.08 million USDC into GMX. He initially shorted Ethereum [ETH], but quickly closed the position and switched to a long, securing a $177,000 profit. After closing the profitable GMX trade, the whale moved $2.3 million USDC into Hyperliquid [HYPE],…

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. In an X post published yesterday, crypto analyst Matthew Hyland highlighted that according to the weekly timeframe chart, Bitcoin (BTC) is likely to test the support level between $69,000 to $74,000 in the coming months.  Is The Bitcoin Bottom…

Bitcoin speculators suffered losses of over $100 million in just six weeks thanks to panic selling, new research calculated.Data from onchain analytics platform CryptoQuant revealed the extent of recent capitulation by short-term holders (STHs).Bitcoin speculators run to the exit “in the red”Bitcoin (BTC) entities hodling coins between one and three months bore the brunt of a brutal bull market drawdown, and many did not stay the course.CryptoQuant suggested that this section of the overall STH investor cohort, defined as those buying up to six months ago, is around $100 million out of pocket.“This represents a significant reduction in the value…

As we move further into the digital age, the allure of cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE), and Litecoin (LTC) continues to grow. While the most traditional method of acquiring these digital assets is through direct purchase on exchanges, mining remains a viable option, especially for those seeking a more hands-on approach. However, traditional mining requires significant investment in hardware and expertise. This is where cloud mining steps in, offering a user-friendly alternative by allowing individuals to rent computing power from data centers and earn cryptocurrency without managing physical equipment.This in-depth guide explores the leading cloud mining services set to…

World Liberty Financial, a decentralized finance (DeFi) project backed by the Trump family, has completed its second public token sale, raising $250 million from investors.WLFI launched on Sept. 16, 2024, with the goal of promoting DeFi and stablecoins pegged to the US dollar. The project is endorsed by President Donald Trump and his sons — Eric, Donald Jr. and Barron — who have positioned it as a step toward financial innovation and a shift away from traditional banking.The company has now raised about $550 million by selling 25% of the crypto asset’s total supply. Its first token sale, which opened…

Donald Trump-supported protocol World Liberty Financial has raised $550 million in its token sale, pushing its total funding close to $600 million so far. World Liberty Financial, a decentralized finance project directly tied to the Trump family, has secured $550 million by selling its WLFI tokens, data from ICO Drops shows. With the latest funding round, the project’s valuation is thought to be over $1.5 billion, with earlier reports hinting that World Liberty Financial was aiming to raise $300 million to hit that mark. So far, the project has raised $590 million since November 2024, when it first got $30…

PENGU, the Pudgy Penguins crypto has soared more than 10% after it was listed on Robinhood trading services. According to data from crypto.news, PENGU (PENGU) has gone up as high as $0.0065757, finally bouncing back from falling to its latest all-time high low just three days prior. The leap in prices follows its listing on the Robinhood trading app on March 13. In the past 24 hours, PENGU has gone up by 10.4%. It is currently trading hands at $0.0064. In the past month, the Pudgy Penguins crypto has gone down by more than 33%, hitting its all-time low of…

Over the last 24 hours, the price of Hbar has been attempting to hold above $0.2; however, it faced bearish pressure and declined. As a result, the price of Hbar recorded a drop of nearly 4.5%, touching the low around $0.19. Additionally, Hedera’s trading volume has dropped 20.6% in the last 24 hours, reaching $493 million. Looking at a longer timeline, Hedera’s price dropped below $0.39 on December 3 and has been decreasing since then. On February 3, the price of HBAR crashed heavily as it dropped below $0.2. Additionally, the recent hack in Bybit pushed the price toward $0.2.…

Bitcoin (BTC) speculators have secured losses of over $100 million in just six weeks thanks to panic selling, new research calculates.Data from onchain analytics platform CryptoQuant reveals the true extent of recent capitulation by short-term holders (STHs).Bitcoin speculators run to the exit “in the red”Bitcoin entities hodling coins between one and three months bore the brunt of a brutal bull market drawdown — and many did not stay the course.CryptoQuant suggests that this section of the overall STH investor cohort, defined as those buying up to six months ago, is around $100 million out of pocket.“This represents a significant reduction…