Author: Yeek.io
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,…
Ethereum’s weekly Stochastic RSI crossover is deeply oversold, a setup that has historically triggered major pumps. Is another breakout imminent? Ethereum’s [ETH] weekly Stochastic RSI crossover in the oversold zone is a historically bullish signal, often preceding major price surges. Over the past five years, similar setups have consistently signaled explosive Ethereum rallies. Before ETH’s run to its all-time high of $4,869.47, four years ago, the Stochastic RSI bottomed out before a bullish crossover, triggering a breakout. A similar setup occurred during the post-election rally, when ETH reclaimed $4K after nine months of consolidation, reinforcing the indicator’s reliability. Source: TradingView…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Coinbase is preparing to grow. In 2025, the company intends to add 1,000 new workers in the US, according to CEO Brian Armstrong. This decision comes as the nation’s cryptocurrency laws become more defined, allowing businesses like Coinbase to function with greater assurance. A Change In Regulations Instills Confidence Armstrong claims that the additional hires are a direct result of US President Donald Trump’s administration’s improved crypto laws. The CEO attributed Coinbase’s expansion into the US to the government’s efforts to provide a more transparent environment for…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…
Ethereum sits at a crucial support level as demand for spot exchange-traded funds wanes on Wall Street. Ethereum (ETH), the second-biggest crypto, has stagnated at $2,100 in the past few days. This price is about 47% below the highest level in December and 45% lower than where it was in the same period last year. Data shows that Wall Street investors have continued to dump assets. According to SoSoValue, all Ethereum ETFs shed $120 million in assets last week after losing $335 million a week earlier — $455 million in total. The net inflow in these Ethereum ETFs is $2.7…
Bitcoin could face increased downside volatility if it closes the week below the key $82,000 support level as investor sentiment remains subdued following short-term disappointment in the US Strategic Bitcoin Reserve.President Donald Trump’s executive order, signed on March 7, outlined a plan to create a Bitcoin reserve using cryptocurrency forfeited in government criminal cases rather than actively acquiring Bitcoin (BTC) through market purchases.The lack of direct federal Bitcoin investment has “led to a near-term negative market reaction and a decline in Bitcoin’s price,” according to Bitfinex analysts.Bitcoin needs to close the week above the key $82,000 support to avoid a…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…
Bitcoin could face increased downside volatility if it closes the week below the key $82,000 support level as investor sentiment remains subdued following short-term disappointment in the US Strategic Bitcoin Reserve.President Donald Trump’s executive order, signed on March 7, outlined a plan to create a Bitcoin reserve using cryptocurrency forfeited in government criminal cases rather than actively acquiring Bitcoin (BTC) through market purchases.The lack of direct federal Bitcoin investment has “led to a near-term negative market reaction and a decline in Bitcoin’s price,” according to Bitfinex analysts.Bitcoin needs to close the week above the key $82,000 support to avoid a…
Bitcoin could face increased downside volatility if it closes the week below the key $82,000 support level as investor sentiment remains subdued following short-term disappointment in the US Strategic Bitcoin Reserve.President Donald Trump’s executive order, signed on March 7, outlined a plan to create a Bitcoin reserve using cryptocurrency forfeited in government criminal cases rather than actively acquiring Bitcoin (BTC) through market purchases.The lack of direct federal Bitcoin investment has “led to a near-term negative market reaction and a decline in Bitcoin’s price,” according to Bitfinex analysts.Bitcoin needs to close the week above the key $82,000 support to avoid a…
An artificial intelligence (AI)-based altcoin and a decentralized finance (DeFi) token have soared in price after being added to Coinbase’s listing roadmap. In a post on the social media platform X, Coinbase Assets announces the additions of AI-focused project Aethir (ATH) and DeFi protocol Maple Finance (SYRUP) to its listing roadmap, causing the digital assets to spike in price. Coinbase’s listing roadmap is typically used for transparency and to prevent the front-running of tokens prior to them being listed. Being added to the roadmap means the crypto exchange may add support for the crypto asset soon. News of the addition…