Author: Yeek.io

Bitcoin’s next significant price catalyst may arrive Friday as the US debt suspension period comes to an end, potentially injecting fresh liquidity into markets and driving a price rebound.The US Treasury hit its $36 trillion debt ceiling a day after President Donald Trump’s inauguration on Jan. 20. A “debt issuance suspension period” began then and was set to last until March 14, according to a letter published on Jan. 17.Bitcoin (BTC) has dropped 22% during the two-month debt suspension plan, from over $106,000 on Jan. 21 to $82,535 at the time of writing on March 12, TradingView data shows.BTC/USD, 1-day…

After the recent ETH liquidation event, which caused $4 million loss to Hyperliquid’s Hyperliquidity Provider vault, the platform said it will increase the maximum leverage allowed for Bitcoin and Ethereum trading to prevent similar incidents in the future. In the said liquidation event, a whale had built a 50X leveraged long position on Ethereum (ETH) that reached 160,234 ETH. However, when the market moved against them, effectively causing liquidation, the user was still able to withdraw 17.09 million USD Coin (USDC), exiting in profit before the liquidation was executed on the Hyperliquid platform. The HLP vault, which is designed to…

Pepe, the third-biggest meme coin, has been in freefall since December, but two chart patterns point to a strong rebound soon.  Pepe (PEPE) jumped to a record high of $0.00002833 in December before crashing by over 80% this month. This retreat has mirrored the performance of other meme coins, whose prices have dropped by double digits from their 2024 highs. Pepe price has formed a falling wedge and a double bottom Technicals suggest that Pepe may be on the verge of a strong bullish breakout in the coming days or weeks.  The daily chart shows that it has formed a…

American asset manager Franklin Templeton has entered the growing XRP exchange-traded fund (ETF) race, becoming the latest firm to file for a spot XRP ETF in the United States.Franklin Templeton’s XRP (XRP) ETF is designed to track the performance of the XRP price, with XRP holdings stored at Coinbase Custody Trust, according to an official filing with the US Securities and Exchange Commission on March 11.On the same day, the SEC postponed decisions on multiple crypto ETF filings, including Grayscale’s proposal to convert its XRP Trust into an ETF.Despite the growing XRP ETF filing frenzy, BlackRock — issuer of the…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Tron, Litecoin, and Lightchain AI are set to surge in March, with Lightchain AI leading after raising $17.1m in presale. These 3 cryptos look ready to explode in March: Tron (TRX), Litecoin (LTC), and Lightchain AI. Tron continues to build momentum with its decentralized applications and strong community, while Litecoin remains a solid investment with its fast transaction speeds and security. However, the standout is Lightchain AI, which has already raised over $17.1 million at a presale price of…

American asset manager Franklin Templeton has entered the growing XRP exchange-traded fund (ETF) race, becoming the latest firm to file for a spot XRP ETF in the United States.Franklin Templeton’s XRP (XRP) ETF is designed to track the performance of the XRP price, with XRP holdings stored at Coinbase Custody Trust, according to an official filing with the US Securities and Exchange Commission on March 11.On the same day, the SEC postponed decisions on multiple crypto ETF filings, including Grayscale’s proposal to convert its XRP Trust into an ETF.Despite the growing XRP ETF filing frenzy, BlackRock — the issuer of…

Amid a market downturn, where most tech-focused coins are stagnating or experiencing sharp declines, Hyperliquid continues to solidify its position with remarkable resilience. Let’s dive in and analyze the next potential trend for Hyperliquid Price Prediction.What is Hyperliquid?Hyperliquid touts itself as a next-generation platform designed to completely revolutionize how you interact with digital assets. Crafted from the ground up to provide simple, seamless one-click trading, Hyperliquid combines cutting-edge technology with a focus on real-time liquidity and precision.Hyperliquid: The DEX Revolution Challenging Top CEXsHyperliquid is rapidly establishing itself as one of the leading DeFi platforms, surpassing traditional decentralized exchanges (DEXs) by…

Homepage > News > Business > Block reward miners put on brave face as BTC price craters Block reward miners are putting on a brave face despite the past month’s dramatic retreat in the price of the BTC token, which has left nine-figure liabilities on some of their balance sheets. While the situation remains highly fluid given the recent crypto market ‘correction’, as of Tuesday morning, BTC miners were losing around $5,000 for each token mined. This makes last month’s prediction by Mason Jappa, CEO of BTC mining rig distributor Blockware, that BTC mining will remain profitable for “the next…

ETH has declined by 29% over the past month. Ethereum dips below its Realized Price as bearish sentiments persist. Over the past day, Ethereum [ETH] has experienced strong downward pressure, dropping to reach the October 2023 level of $1754. However, since then, the altcoin has made a moderate recovery to reach $1876 as of this writing.  This marked a 29.01% decline over the past months. Source: Glassnode As ETH declined, it dropped below its realized price for the first time in two years. This decline suggests that average investors are now holding ETH on unrealized loss. Ethereum’s drop to this…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows XRP and Solana have seen their Realized Volatility spike up after the sharp price action. Here’s how Bitcoin and other coins compare. Assets Across Crypto Have Seen An Increase In 60-Day Realized Volatility In a new post on X, the analytics firm Kaiko has shared how the 60-day Realized Volatility has changed recently for the various top coins in the cryptocurrency sector. The “Realized Volatility” here refers to an indicator that basically tells us about how much an asset’s price has fluctuated during a given…