Author: Yeek.io
Stablecoins have long fueled crypto bull runs by injecting liquidity into the market, but their role is evolving beyond speculation. As stablecoin adoption hits record highs, how will this impact the next crypto cycle?Recent Stablecoin ATHIn November 2024, the global stablecoin market capitalization surged to an unexpected $190 billion, exceeding the previous all-time high of $188 billion recorded in April 2022. Moreover, stablecoin trading volumes on centralized exchanges surged, rising 77.5% month-over-month to $1.81 trillion as of November 25.Source: Allium & IgnasMeanwhile, USDT remained dominant, accounting for 82.7% of total volume across centralized exchanges. FDUSD ranked second with a 9.01%…
Ethereum layer 2 Starknet is laying the groundwork to settle on Bitcoin and Ethereum to unify the two largest blockchains on a single layer.The Starknet Foundation said in its March 11 Bitcoin roadmap that it’s aiming for Starknet to become Bitcoin’s execution layer, scaling it from 13 transactions per second to thousands, reducing blocks and gas fees, and creating a better user experience.“Most Bitcoin today sits static in wallets and exchanges, constrained by the limitations of the network’s original design: a lack of scalability and an inability to natively support applications beyond simple buying, selling, and transferring,” the foundation said.It…
Altcoins struggle with Bitcoin dominance, but some analysts see signs of a potential comeback. Altcoin season index hits a multi-month low — contrarian signals suggest a possible reversal. Altcoins are bleeding, but not everyone’s out of hope. CoinMarketCap’s altseason index has slumped to 17 — nowhere near the level that marks a healthy altcoin cycle. With a staggering $600 billion erased from the market and altcoin capitalization down 38% from its all-time high, the mood is grim. Still, some analysts aren’t throwing in the towel. Beneath the wreckage, they see early signs of rotation and the groundwork for a possible…
CryptoQuant analyst Darkfost suggests that Bitcoin’s recent downtrend may be nearing its end as selling pressure from large holders on Binance appears to be easing. In a Mar.12 post on X, Darkfost highlighted a decline in Binance’s BTC whale ratio, which measures the share of the top 10 inflows relative to total inflows. Strong whale selling activity is indicated by a high ratio, which frequently causes brief corrections. This metric’s recent downward trend, however, indicates that big holders are reducing their sell orders, which is typically an indication of an impending market recovery. 📊Is Binance’s whale selling pressure ending ?Monitoring…
Ethereum layer 2 Starknet is laying the groundwork to settle on Bitcoin and Ethereum to unify the two largest blockchains on a single layer.The Starknet Foundation said in its March 11 Bitcoin roadmap that it’s aiming for Starknet to become Bitcoin’s execution layer, scaling it from 13 transactions per second to thousands, reducing blocks and gas fees, and creating a better user experience.“Most Bitcoin today sits static in wallets and exchanges, constrained by the limitations of the network’s original design: a lack of scalability and an inability to natively support applications beyond simple buying, selling, and transferring,” the foundation said.It…
Are meme coins the ultimate shortcut to life-changing gains? In the crypto world, meme coins have become more than just internet jokes—they’re serious investments with massive potential. From record-breaking surges to million-dollar presales, these tokens have captivated the market. Right now, the hottest meme coins on everyone’s radar include Arctic Pablo Coin, Osaka Protocol, COQ Inu, Cheems, Sudeng, and Bone ShibaSwap. Each brings something unique to the table, but one stands out from the rest. Arctic Pablo Coin is rewriting the rules of meme coin presales, offering a fresh approach that could lead to astronomical returns. 1. Arctic Pablo Coin:…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin’s price has been on a wild ride with a wave of steady declines in recent weeks. This decline has caused the meme coin to lose various support levels amidst a steady increase in selling pressure. Notably, this decline has resulted in a pullback of about 66% from the December 2024 high. Such a 66% pullback is expected to cause concern among Dogecoin investors, but historical data suggests that such retracements are normal and often precede massive rallies. Crypto analyst Trader Tardigrade recently pointed out that Dogecoin…
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. Dogecoin’s sentiment has reportedly reached its most negative level in over a year. Crypto analyst Ali Martinez (@ali_charts) shared the below chart illustrating the current landscape of Dogecoin’s social sentiment and noted: “Investor sentiment around Dogecoin is at its…
Cardano (ADA) price displays weakness on March 11, down 2.5% over the last 24 hours to trade at $0.7250. A weakening technical setup and several onchain signals suggest that ADA could see a deeper correction in the coming days.ADA/USD daily chart. Source: Cointelegraph/TradingViewLet’s take a closer look at why ADA price is underperforming today.ADA falls alongside Bitcoin and EtherThe bearish sentiment was not only exclusive to Cardano as crypto prices also plummeted across the board, with Bitcoin dropping toward $76,000 on March 10.Key takeaways:Market leader Bitcoin (BTC) has shed over 3.6% and 17% over the last week and month, respectively,…
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. Bitcoin (BTC) is under severe selling pressure, having lost the $85,000 level just a few days ago. This breakdown has pushed the market to its lowest levels since November 2024, increasing fear and uncertainty among investors. The entire crypto…