Author: Yeek.io
Currently, Solana (SOL) is trading at $140.46 after a 7.80% decrease in the last 24 hours and a 31.04% drop over the past 30 days. The 7.80% drop in the last 24 hours suggests that short-term sellers have dominated the market, possibly due to profit-taking or market corrections amid broader uncertainty. Solana Price Analysis The 31.04% decline for the SOL price over the past 30 days indicates that SOL has been under prolonged selling pressure. This contrast between the short-term recovery attempts and the longer-term bearish trend is key to understanding the overall market sentiment for Solana. Moving Averages and…
It’s up, it’s down, it’s all around – Bitcoin’s price has been a whirlwind over the past week, and not always a good one. Making a 2025 Bitcoin price prediction is harder than ever – but we’re here to analyze the news, look at market conditions, and give you the best possible information. Following the biggest-ever crypto hack with Bybit, $BTC’s price fell, hitting lows around $78K. Then, fueled by US President Trump’s announcement of a crypto reserve, it rose again, almost cresting the $95K mark, before Trump’s tariff announcements sent it plummeting once more. We’re just about back to…
Cardano (ADA) is presently experiencing a significant increase in popularity on cryptocurrency exchanges. Investors are closely monitoring the most recent data, which suggests a significant increase in network activity and price movement. Following the disclosure by US President Donald Trump on Tuesday that Cardano (ADA) and four other large-cap cryptocurrencies, including Bitcoin, will serve as the foundation of the US Strategic Crypto Reserve, Cardano has been among the talk of the town. Whales Show Appetite With Large Transactions There has been a cascading effect throughout the Cardano ecosystem as a result of an inundation of substantial transactions. On March 4,…
An Ethereum Foundation lead revealed the Pectra upgrade experienced issues when it was deployed on Sepolia which led to clients struggling to include transactions in blocks. Lead developers revealed Ethereum (ETH)’s Pectra upgrade has been deployed on its final testnet, Sepolia on March 5. However, it ran into an unexpected issue regarding transaction blocks. In a recent post, Ethereum Foundation protocol support lead Tim Beiko said that the team was currently investigating a problem caused by the custom deposit contract on Sepolia. His post came only an hour after he celebrated the completion of the long-awaited upgrade’s final testing phase…
On March 4, 2025, Zora officially announced the launch of its native token, $ZORA, set for Spring 2025. Alongside the launch, the platform will also distribute a retroactive airdrop to reward early adopters.Zora is more than just an NFT marketplace; it operates as a media registry protocol designed to empower artists and content creators. By enabling them to collect royalties seamlessly and gain exposure, Zora fosters community building while challenging the exploitative practices of traditional creative industries.Essentially, Zora functions as a Web3 social media platform where creators are directly rewarded for their work. As their content gains popularity, they receive…
Bybit confirmed it was behind a proposal requesting that decentralized finance (DeFi) protocol ParaSwap return fees earned from swaps conducted by the Lazarus Group using digital assets stolen from the exchange.On March 4, a proposal was posted on ParaSwap’s decentralized autonomous organization (DAO) forum asking to freeze and return 44.67 Wrapped Ether (wETH), worth almost $100,000, to a wallet address. The proposal initially attracted skepticism, with several DAO members calling for verification before advancing the proposal. Bybit shared a verification post on its official X account on March 5, confirming that it was behind the proposal to return the funds. The move…
Months after accusing Cumberland DRW of running an unregistered securities trading operation, the U.S. Securities and Exchange Commission has decided to drop the case. In a March 4 X post, the Chicago-based crypto firm said it had signed a joint filing with the SEC to dismiss the lawsuit following an agreement reached on Feb. 20. The filing still requires formal approval from the agency, but Cumberland appears confident that the case is coming to an end. Cumberland views the agency’s decision as a step toward better cooperation between regulators and the crypto industry and said it will continue discussions with…
The memecoin market has erased all of the gains that followed Donald Trump’s presidential victory in November 2024, having lost more than half of its value since December.According to CoinMarketCap data, the total market capitalization of memecoins stood at $54 billion on March 5, down 56% from $124 billion on Dec. 5, 2024.The memecoin market has gradually declined after peaking at a record-breaking market cap of $137 billion on Dec. 8, briefly rising and dropping amid memecoin launches by Trump and First Lady Melania Trump in January.Total memecoin market capitalization in the past year. Source: CoinMarketCapSome industry observers have attributed…
Este artículo también está disponible en español. The crypto markets have whipsawed following President Donald Trump’s unexpected announcement of a strategic crypto reserve over the weekend. Bitwise Asset Management’s Chief Investment Officer (CIO), Matt Hougan, contends that traders are overreacting to the proposed plan’s details and missing what could be a bullish development for digital assets. Late Sunday, President Trump revealed a United States government initiative to acquire and hold five different cryptocurrencies—Bitcoin, Ethereum, Solana, XRP, and Cardano—in a strategic reserve. Initially, the market response was emphatically positive: Bitcoin’s price surged from around $85,000 to $95,000. However, as Hougan notes…
Market Overview on March 5Today, on March 5, Bitcoin (BTC) is showing signs of recovery after forming a bottom on the H4 timeframe. At the same time, BTC is holding the Flip zone on the H1 timeframe, indicating strong buying pressure. According to analysis, BTC is likely to retrace to the Fair Value Gap (FVG) on D1, around $95K – $96K, before a strong bearish signal appears.As discussed in the article “Why Bitcoin Dump Today”, BTC is forming a medium-term downtrend. However, before continuing this trend, a retracement to a resistance zone is necessary to attract more liquidity.With BTC’s price…