Author: Yeek.io
ETH has fallen more than 8% as traders grow weary of rumors on social media saying the Ethereum Foundation will liquidate when the price falls to $1,100. Rumors have been circulating among crypto traders on the social media platform X, with many speculating that the Ethereum Foundation could face a liquidation of up to $100 million if the price of Ethereum (ETH) falls further and hits $1,100. “If the Ethereum Foundation gets liquidated at $1,100 to bottom us for the cycle surely that ends the simulation,” said one X account. “The Ethereum Foundation getting liquidated at $1,100 will be this…
Binance Wallet has announced an exclusive Token Generation Event (TGE) for Bubblemaps, taking place on BNB Smart Chain in collaboration with PancakeSwap. This event allows users to participate in the BMT token subscription, with a total raise of $800,000.Event DetailsToken Name: BMT (Bubblemaps)Blockchain: BNB Smart ChainSubscription Period: March 11, 2025, from 8:00 AM to 10:59 AM UTCTotal Raise: $800,000 (in BNB)Total Tokens Available: 40,000,000 BMT (4% of the total supply)Token Price: $0.02 per BMT (converted to BNB)Subscription Limit: Up to 3 BNB per Binance Wallet userAllocation Method: Based on a pro-rata system relative to the total deposited amountVesting: No vestingDEX…
Homepage > News > Finance > Centi cutting remittance costs by 85% from Switzerland to Africa Centi is using blockchain to slash the cost of remittances from Switzerland to a selection of African countries. It promises up to 85% lower costs and up to 30% more money at the receiving end while also making the transfers near-instant. The remittance market from Switzerland to Africa is larger than you might think. Centi puts the total transfers figure at around US$30 billion annually, with “a significant share of this” heading south to Africa. Currently, that market is dominated by traditional remittance providers,…
IP defied the broader market downturn following its recent listing on Kraken, supported by ongoing ecosystem developments. Story (IP) rallied nearly 16% to an intraday high of $5.6 on March 11, afternoon Asian time, flipping out of the bearish trend as its market cap surged to over $1.3 billion. Its daily trading volume stood at $151 million, while the altcoin’s circulating supply stood at over 250 million tokens. A host of partnerships and developments surrounding Story has helped IP outpace the bearish trend currently prevailing in the broader crypto market, which fell 5% over the past day as of press…
Bitcoin, Solana and Crypto Markets Likely in ‘Classic Bear Trap’ Before Euphoric Move: InvestAnswers
A widely followed analyst is outlining the potential path forward for Bitcoin (BTC), Solana (SOL) and other crypto assets. The analyst pseudonymously known as InvestAnswers tells his 563,000 YouTube subscribers that Bitcoin, Solana and other crypto assets are in a “classic bear trap.” A bear trap is a situation where a decline is interpreted as the start of a bearish trend when it is a temporary development that will reverse upwards. “I think we’re still in the bull market. I’m 95% sure we’re still in the bull market. But this bear trap is designed to break your heads. Do not…
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. Since January 31, Bitcoin (BTC) has experienced a significant correction, with the leading cryptocurrency plummeting as much as 27.52%. Currently valued around $79,000, Bitcoin’s price is precariously balanced above a crucial support level dubbed as “the magic line,” which…
Bitcoin (BTC) rebounded above $81,000 on March 11 as US stocks’ futures sought relief from a brutal sell-off.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price bounces back amid calls for short squeezeData from Cointelegraph Markets Pro and TradingView showed daily BTC price gains approaching 4%.New four-month lows had accompanied the previous day’s Wall Street trading session as recession fears sent risk-asset investors fleeing.The S&P 500 and Nasdaq Composite Index finished the day down 2.7% and 4%, respectively. At the time of writing, Nasdaq 100 futures had recovered around 0.4% from a trip to their lowest levels since September 2024.Commenting, trading resource The…
Solana’s price falls below key technical level for the first time since March 2022, signaling potential extended decline ahead. The price of Solana (SOL), once the third-largest token by market capitalization, after Ethereum (ETH) and Bitcoin (BTC), has plunged below the realized price level on March 11 for the first time in almost three years. https://twitter.com/glassnode/status/1899378970333737310? Data from blockchain analytics firm Glassnode shows that the price of SOL is now about 8% lower than the realized price of $134, which was last seen on March 9. The realized price represents the average price at which Solana tokens were last moved…
The bankrupt crypto exchange Mt. Gox executed another massive transaction on March 11, transferring 11,833 BTC worth over $930 million. This marks the second time in a week that Mt. Gox has moved a similar amount of Bitcoin, raising concerns about the impact of creditor repayments on the crypto market.Latest Mt. Gox Transaction DetailsSource: ArkhamAccording to Arkham Intelligence data, the latest Bitcoin transfer included:11,501 BTC ($905.1 million) sent to a new wallet.332 BTC ($26.1 million) moved into a hot wallet.Transaction fee of just $2.13.The latest transaction follows a similar transfer on March 6, when Mt. Gox moved 12,000 BTC worth…
Opinion by: Tim Haldorsson, founder of Lunar StrategyWhen US President Donald Trump announced the US strategic crypto reserve on March 2, the immediate focus fell on the price surges of the included coins. Behind the market excitement lies a much bigger story that extends far beyond the named assets themselves. The real opportunity lies not in holding Bitcoin (BTC), Ether (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA) — it’s in building on these newly legitimized platforms.This government endorsement creates fertile ground for an entire ecosystem of projects, unleashing innovation across multiple sectors while creating investment opportunities that could define the…