Author: Yeek.io

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…

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…

ELX crypto surged by as high as 68% in the past 24 hours of trading ahead of a listing on South Korean crypto exchange Bithumb. According to data from CoinGecko, Elixir’s (ELX) rallied to an all-time high of $0.726 on March 11 as its market cap surged past $100 million. Its daily trading volume was up 154% over the previous day at $117 million.  ELX’s gains today followed after South Korean crypto exchange Bithumb revealed it would be adding the altcoin to its Korean Won market. According to Bithumb’s official announcement, trading for ELX will begin at 4:00 PM KST…

ADA’s historical price action and key technicals were aligning with its 2021 cycle. If history rhymes, could another major breakout be on the horizon? Ten days after Cardano’s [ADA] historic single-day surge of 72% to $1.14, the price has fully retraced, dropping back to the $0.70 range.  This sharp pullback comes amid a broader risk-off sentiment. Yet, the ADA/BTC pair is flashing green, suggesting investors may be shifting into high-cap assets for stability. Notably, ADA’s weekly structure mirrors its 2021 cycle, when a 52% drop led to an 11-week consolidation before a 4,000% breakout to $3.10. At press time, ADA…

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…