Author: Yeek.io

The cryptocurrency market rebounded after a sell-off that drove its overall valuation to the lowest since November 2024.As of March 6, the global crypto market capitalization had reached $3.10 trillion, rising 5% over the last 24 hours. Top coins, Bitcoin (BTC) and Ether (ETH) led the intraday rally with 5.6% daily gains each.Crypto market performance Jan. 30. Source: Coin360Let’s look at the top catalysts driving the crypto market rebound today.Bitcoin leads rebound amid Trump’s auto tariffs delayToday’s crypto market’s recovery aligns closely with similar rebounds in the US stock market, as Donald Trump’s tariff delay eased investor worries, with Bitcoin…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP eyes a $250 billion market cap, Rexas Finance is stealing the spotlight with its RWA tokenization model and 41x surge potential. Recently, the cryptocurrency market has exhibited some positivity. Tokens such as XRP appear to be steadily growing despite investors bracing for the crash. XRP’s recent surge has most bulls wondering if attaining a $250 billion market cap within a month is feasible.  Meanwhile, a new altcoin, Rexas Finance (RXS), is looking to position itself for a…

A crypto wallet holding over $400 million in Bitcoin (BTC) linked to the darknet marketplace Nucleus has awakened after nine years, according to Arkham Intelligence. On March 7, the entity controlling the wallet moved $77.5 million in BTC to three new addresses, leaving $365 million in the primary wallet.The wallet had been dormant since April 2016, when the marketplace shut down with 5,000 BTC from vendor and customer deposits. At the time, the funds were worth roughly $2.1 million, according to Arkham’s tracker.Related: Who is the mysterious Bitcoin creator, Satoshi Nakamoto?Nucleus was one of many darknet marketplaces that proliferated around…

A closely followed crypto strategist believes that the payments-focused token Litecoin (LTC) is in a position to spark a strong upside burst. Analyst Ali Martinez tells his 130,600 followers on the social media platform X that Litecoin appears to be trading in a wide range between $135 and $98. According to Martinez, Litecoin could rally toward the top end of the range if LTC stays above its diagonal support during the current correction. “If Litecoin LTC holds above $98, increased buying pressure at this level could fuel a rally toward $135!” Source: Ali Martinez/X At time of writing, Litecoin is…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin (BTC) is struggling below the $90,000 level, hovering slightly above $85,000, a key support zone that bulls must hold to avoid further downside. Despite positive news regarding the US Strategic Bitcoin Reserve, confirmed by US President Donald Trump’s Executive Order on Thursday, the market has remained under heavy selling pressure, leading to increased volatility and a short-term bearish outlook. Bears have taken control of price action, pushing BTC into a consolidation phase as traders remain uncertain about its next move. While the announcement of a government-backed…

The widespread disappointment surrounding the US Strategic Bitcoin Reserve — hailed as a historic step for Bitcoin adoption — suggests unrealistic investor expectations, according to regulatory experts.President Donald Trump signed an executive order on March 7, which will utilize Bitcoin (BTC) seized in government criminal cases rather than purchasing the asset directly from the market. The announcement triggered a more than 6% drop in Bitcoin’s price, falling from $90,400 to $84,979, according to Cointelegraph Markets Pro data.The reaction signals unrealistic industry expectations, according to Anastasija Plotnikova, co-founder and CEO of Fideum, a regulatory and blockchain infrastructure firm focused on institutions.BTC/USD,…

Bittensor indicators showed firm bearishness. A short-term price bounce was possible, but watch out for Monday’s volatility. Bittensor [TAO] posted large losses in recent weeks as another wave of bearish sentiment swept across the crypto market. The $434 level was ceded as a support level in early 2025. The $500 psychological level has been tested multiple times but saw swift rejections. The most recent one happened on the 21st of February. Since then, TAO has shed 46% in value. The $216 support level from July 2024 was swiftly looming, and the bulls appeared powerless to stop more losses. Yet, the…

Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve.The HB230 “Blockchain and Digital Innovation Amendments” bill now only provides Utah citizens with basic custody protections, the right to mine Bitcoin (BTC), run a node and participate in staking, among other things.The 19-7-3 vote to pass the measure on March 7 means the bill is now headed to Utah Governor Spencer Cox’s desk to be signed into law.The reserve clause would have authorized Utah’s treasurer to invest up to 5% of digital…

Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve.The HB230 “Blockchain and Digital Innovation Amendments” bill now only provides Utah citizens with basic custody protections, the right to mine Bitcoin (BTC), run a node and participate in staking, among other things.The 19-7-3 vote to pass the measure on March 7 means the bill is now headed to Utah Governor Spencer Cox’s desk to be signed into law.The reserve clause would have authorized Utah’s treasurer to invest up to 5% of digital…

Not long ago, Bitcoin was seen as a risky gamble—an unpredictable asset known for big price swings and constant threats of government crackdowns. Today, the story has changed. The cryptocurrency has gone from being a fringe idea to a serious topic of discussion around the world.  People are now asking whether Bitcoin, with its fixed supply and independence from any government, could take on a new role: becoming a global reserve currency.  The idea may seem far-fetched, but it’s gaining attention. Governments and financial leaders are starting to view Bitcoin as a possible way to protect against inflation. In the…