Author: Yeek.io

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

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. According to a key on-chain indicator, Ethereum (ETH) may be undervalued at its current market price. The last time ETH was this undervalued was in October 2023, after which it experienced a 160% rally. Ethereum May Be Undervalued, On-Chain…

Enthusiasm for memecoins appears to have cooled after a series of bad launches and rug pulls killing off investor interest, according to CoinGecko founder Bobby Ong. Metrics for token launchpad Pump.fun immediately plummeted following the Libra (LIBRA) rug, Ong said in a March 6 report, with newly created tokens and daily graduated tokens on the platform falling over 90% since their February peak.“The launch of TRUMP and MELANIA marked the top for memecoins as it sucked liquidity and attention out of all the other cryptocurrencies.”The memecoin market has taken a serious hit following the Libra launch. Source: CoinGeckoIt’s a stark contrast…

Sanctioned Russian crypto exchange Garantex is announcing the suspension of its operations after Tether blocked its platform’s wallets. In a new Telegram announcement on Thursday, the Russian exchange says that Tether has blocked Garantex’s wallets, which contained over 2.5 billion rubles, about $28 million. “Dear users! We have bad news. Tether has entered the war against the Russian crypto market and blocked our wallets worth more than 2.5 billion rubles. We are temporarily suspending all services, including cryptocurrency withdrawals, while our entire team solves this problem. We are fighting and will not give up! Please note that all USDT in…

The U.S. government may have a maximum of 88,000 BTC available for its newly announced Strategic Bitcoin Reserve, according to Alex Thorn, head of research at Galaxy Research.  In a Mar. 7 post on X, Thorn noted that while the government currently holds about 198,000 Bitcoin (BTC), 112,000 BTC must be returned to Bitfinex following a previous seizure. This means that only a portion of the assets, a maximum of 88,000 BTC, can be used for the reserve. we think current US bitcoin balance available for re-purpose into a reserve is max 88k BTC, only 43% of current government holdings.…

The US government currently holds around 198,109 Bitcoin worth $17.7 billion, according to data from blockchain analytics firm Arkham Intelligence, a stash that it built mainly through seizures and forfeitures in criminal cases.A portion of that Bitcoin (BTC) will eventually form part of the country’s “Strategic Bitcoin Reserve” that President Donald Trump signed into existence with his March 6 executive order, which says the reserve will hold any Bitcoin “forfeited as part of criminal or civil asset forfeiture proceedings or in satisfaction of any civil money penalty.”The order also tasks federal agencies with figuring out how much forfeited Bitcoin they…

Sonic will be the successor to Fantom, marking a major shift for the project after a long period without significant breakthroughs.As a new layer-1 blockchain, Sonic features a secure bridge to Ethereum and offers the fastest settlement layer for digital assets. It can process over 10,000 transactions per second (TPS) with a confirmation time of just one second.Sonic shows steady growth three months after mainnet launchAfter launching its mainnet, Sonic has introduced major upgrades to expand its ecosystem and enhance network performance. Sonic Rollup decentralizes the bridge, while staking now features a fixed 14-day unlock period to boost DeFi and…

A crypto VC claimed that HYPE could be undervalued at current levels.  The broader market rout has exposed HYPE to a 50% decline.  Hyperliquid [HYPE] is massively undervalued relative to Ethereum [ETH] or Solana [SOL] at the current values. This was the argument made by Ryan Watkins, Crypto VC partner at Syncracy Capital. Watkins said,  “(Hyperliquid) is the dominant decentralized derivatives exchange with 60%+ market share; it is also the highest earning blockchain today behind Solana and Ethereum. Yet $HYPE trades at the lowest multiple of its peers.” Source: Syncracy Capital The chart shared by Watkins showed that Hyperliquid was…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure An X account impersonating Hong Kong’s Chief Executive, John Lee Ka-chiu, launched a fake national cryptocurrency on Solana’s token launchpad Pump.fun. The account promoted the token to its thousands of followers, seemingly aiming to capitalize on the recent Political memecoin frenzy. Hong Kong Gov’t Denies National Cryptocurrency On Thursday, an X account under the username “JohnLeeKa_Chiu” announced the “National Hong Kong Coin” (HKONG). In the now-deleted post, the Chief Executive’s impersonator said that the “strategic step” marked a “new era in digital innovation and economic growth for…

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. XRP is hovering around $2.52 on the daily chart, maintaining a delicate balance between bullish momentum and the potential for a major reversal pattern. Renowned crypto analyst Josh Olszewicz (known on X as @CarpeNoctom) shared a detailed Ichimoku-based chart,…