Author: Yeek.io

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The current bearish state of the overall crypto market has triggered fears of a bear market since Bitcoin, the largest digital asset, continues to decline, reaching as low as $77,760. It is worth noting that  BTC has been decreasing from its new all-time high of $109,000. However, in spite of the notable decline, bullish sentiment might be returning among investors as they ramp up more coins. More Bitcoin Scooped Up By Whales And Sharks Bitcoin’s price may have been dropping for a lengthy period, but investors’ sentiment…

Investors Offload HBAR as Indicators Point to More DeclinesMarket data confirms a consistent decline in HBAR‘s Accumulation/Distribution (A/D) Line since early March. A/D Line refers to money flowing in or out of an asset relative to the asset’s price and volume traded. A decreasing A/D Line translates to building selling pressure where there are more investors who are keen to sell compared to holders and buyers who desire to maintain or acquire the token.Adding to the concern, HBAR’s Relative Strength Index (RSI) has fallen to 40.10. A value below 50 reflects stronger selling momentum, and a continued drop toward 30…

Bitcoin is testing range lows, and Ethereum has tapped its lowest price since November 2023 today – so it’s a huge opportunity for traders to secure discounted prices before the next leg up.But what are the leading crypto to buy? This article reviews five promising projects that could have 100x potential this year.SolaxySolaxy is building the first-ever Solana layer 2 blockchain. Using off-chain computation and transaction bundling technology, the project will eradicate Solana’s congestion issue. It’s a huge leap forward for the Solana ecosystem, making it cheaper, faster, and more reliable. This will open Solana to new users and use cases,…

Yuga Labs’ vice president of blockchain warned that Ether could drop as low as $200 in a prolonged bear market, a 90% decline from its current price.In a March 11 post on X, the executive, known as “Quit,” pushed back against analysts who suggested $1,500 as the possible bottom for Ether (ETH). Instead, Quit argued that a true bear market could see ETH fall significantly lower, similar to previous market cycles.“A true bear market target, if we’re just getting started, would be ~$200-$400. That’s an 80% drawdown from here, 90% total drawdown — in line with past bear markets.”The executive…

Binance has banned a market maker and confiscated its proceeds after conducting an investigation that indicated the entity committed misconduct. The top global crypto exchange didn’t disclose the identity of the market maker but noted that it operated as a liquidity provider for the decentralized security layer GoPlus Security (GPS) and the AI consumer project MyShell (SHELL). Binance offboarded the market maker and confiscated its proceeds “for the purpose of compensating users for GPS and SHELL.” GoPlus Security’s native token, GPS, plunged in value last week after receiving a Binance listing. The asset is down more than 71% in the…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…

XRP has fallen below the $2 mark for the first time since early February, following the broader market breakdown that has pushed most cryptocurrencies lower. Despite the intense selling pressure, XRP has held up stronger than many other altcoins, avoiding the steep declines seen across the market. However, uncertainty remains high, with analysts divided on XRP’s next move. Related Reading Some experts believe that if XRP can reclaim key resistance levels, it could trigger a recovery rally, bringing back bullish momentum. On the other hand, bearish analysts warn of further downside, arguing that XRP’s failure to hold above support levels…

Rome Protocol and KiiChain have joined forces to accelerate the adoption of blockchain-based financial solutions in Latin America. The partnership will focus on real-world asset tokenization and cross-chain payment finance, aiming to create new liquidity opportunities for businesses, developers, and financial institutions, crypto.news can exclusively report. An example of this can be seen in Mexico, where people are exploring real estate tokenization to enable fractional ownership, Anil Kumar, CEO of Rome Protocol, told crypto.news. Meanwhile, Argentina is utilizing tokenized agricultural commodities as collateral for farm financing. RWA tokenization is the process of converting physical or traditional financial assets, like real…

Dogecoin accumulation has intensified in the past 24 hours as the market established a new low. DOGE has reached a critical point on the chart and could witness a significant bounce to the upside. In the past 24 hours, the bearish wave in the market has intensified, leading Dogecoin [DOGE] to decline by 9.83%, bringing its monthly decline to -36.13%. A close analysis of several market metrics suggests that DOGE’s current condition is likely temporary and that a rally could begin soon as sentiment shifts. Massive whale accumulation of DOGE There has been significant investor accumulation of DOGE in the…

MOVE has a bearish structure on the 4-hour chart despite the recent bounce from the lows. The liquidation heatmap underlined the $0.55 level as a key resistance zone. Movement [MOVE] has bounced 33% from the past week’s low at $0.37, but it maintained its bearish near-term outlook. The buying pressure was not enough to breach the key resistance at $0.55. Further north, the $0.616 level marked the level whose breach would mark a structural shift for MOVE. The trend of Bitcoin [BTC] was strongly bearish. It might not have formed a bottom yet, which meant Movement price could also dive…