Author: Yeek.io

The recent price action of Pepe Coin (PEPE) illustrates the classic behavior of meme coins – marked by sudden short-term rallies amid longer-term volatility. Currently trading at $0.000007195, PEPE has experienced a 3.80% increase over the past 24 hours, suggesting that some buying interest is returning. This short-term rebound may be driven by speculative traders capitalizing on low entry points, positive social media sentiment, or a coordinated pump often seen in meme coin communities. However, the broader picture over the last 30 days shows a 30.00% decline, indicating that the long-term trend remains bearish. This discrepancy between the short-term uptick…

US President Donald Trump’s executive order establishing a strategic Bitcoin (BTC) reserve called for a budget-neutral strategy to acquire more coins, which includes adding more BTC through asset forfeitures and possibly converting other reserve assets to the cryptocurrency.The US government maintains strategic reserves covering a range of assets and commodities, including gold, petroleum, natural gas, foreign currency, medicine, land, critical rare-earth minerals and even cheese.The most liquid of these strategic reserve assets are petroleum, gold and foreign currency.According to the US Department of Energy, the US Strategic Petroleum Reserve has approximately 395 million barrels of crude oil as of Feb.…

In a speech delivered today at the U.S. Monetary Policy Forum in New York City, Federal Reserve Chair Jerome Powell emphasized the central bank’s cautious approach amid prevailing economic uncertainties.  Powell reiterated the Federal Reserve’s readiness to maintain current interest rates, adopting a “wait and see” stance as it monitors the impacts of recent policy changes and economic indicators. “We do not need to be in a hurry, and are well positioned to wait for greater clarity,” he said.  Powell highlighted the robustness of the U.S. labor market, noting that employers added 151,000 jobs in February, bringing the average monthly…

Heroes of Mavia developer Skrice Studios has announced plans to expand into a broader web3 gaming ecosystem with the launch of GameLink—a Digital Asset Exchange Platform (DAEP) that will support multiple blockchain games and facilitate seamless asset trading. As part of this transition, Heroes of Mavia’s existing Marketplace & Exchange will be integrated into GameLink.The studio has also revealed that six flagship games will be included in the launch of GameLink to further expand the ecosystem. Whilst the names of these additional titles have not been disclosed, they are expected to be developed by high-caliber teams with AAA gaming experience.The…

The January 2024 theft of 283 million XRP (XRP) from Ripple co-founder Chris Larsen’s personal accounts has been linked to a password manager breach, according to a forfeiture complaint filed by US law enforcement revealed by crypto investigator ZachXBT.The investigator shared a screenshot of the forfeiture complaint in his Telegram channel on March 7, claiming the theft “was the result of storing private keys in LastPass (password manager which was hacked in 2022). Up to this point, Chris Larsen had not publicly disclosed the cause of the theft.”Related: ZachXBT rug pull drama reveals extent of unpaid detective workAccording to the…

The blockchain platform linked to United States President Donald Trump took the crypto market downturn as an investment opportunity, tripling its Ether holdings in a week ahead of the White House’s first Crypto Summit on March 7.Meanwhile, Solana was hit by nearly half a billion dollars worth of outflows in February as cryptocurrency investors sought safer investments following a wave of memecoin scams and rug pulls.Trump’s WLFI tripled Ether holdings in a week amid market downturnThe decentralized finance (DeFi) platform linked to US President Donald Trump significantly increased its Ether holdings over the past week as the cryptocurrency’s price briefly…

President Donald Trump signed an executive order on Thursday to establish a Strategic Bitcoin Reserve, according to a post on X by White House Crypto and AI czar David Sacks. The announcement was expected to boost market confidence, but instead, Bitcoin fell as the order details disappointed investors who had anticipated a more bullish stance from the administration. Bitcoin has been struggling around the $90,000 level, unable to reclaim it as support or confirm a recovery from the selling pressure that has dominated the market in recent weeks. Despite several attempts to push higher, BTC has remained in a volatile…

RedStone (RED)RedStone’s RED token is one of the top trending altcoins. However, its price has dropped significantly due to the overall market decline.Current Price: $0.6424-Hour Price Change: -33%Trading Volume: $195 million (+1069%)The sharp increase in trading volume shows heightened selloffs. When an asset’s price falls while volume rises, it often signals that investors are selling off their holdings.If the selling pressure continues, RED’s price could fall to $0.57. However, the high trading volume could also mean that some investors are buying at lower prices, which might lead to a rebound toward $0.67.Summary of RedStone Price Predictions:ScenarioPrice TargetContinued Selloffs$0.57Potential Rebound$0.67Jupiter (JUP)Jupiter’s…

Solana degens are flocking to the Bitcoin Pepe presale.The Solana army has joined Bitcoin Pepe’s meme crusade, and this meme-centric Layer 2 has already raised $3.7m to build ‘Solana on Bitcoin.’ BPEP is not just another meme coin but a Layer 2 seeking to hyper-scale the Bitcoin economy. It merges Solana’s speed with Bitcoin’s security and introduces the PEP-20 token standard. This breakthrough enables permissionless meme coin creation natively on the Bitcoin blockchain. Something that people once thought was impossible. Raising a whopping $3.7m in 24 days, all eyes are on this up-and-comer. Read on to find out why Bitcoin…

The blockchain platform linked to United States President Donald Trump took the crypto market downturn as an investment opportunity, tripling its Ether holdings in a week ahead of the White House’s first Crypto Summit on March 7.Meanwhile, Solana was hit by nearly half a billion dollars worth of outflows in February as cryptocurrency investors sought safer investments following a wave of memecoin scams and rug pulls.Trump’s WLFI tripled Ether holdings in a week amid market downturnThe decentralized finance (DeFi) platform linked to US President Donald Trump significantly increased its Ether holdings over the past week as the cryptocurrency’s price briefly…