Author: Yeek.io
Este artículo también está disponible en español. Ethereum price started a fresh decline below the $2,350 zone. ETH is now correcting some losses from the $2,000 support and might face hurdles. Ethereum started a fresh decline below the $2,320 support zone. The price is trading below $2,220 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2,080 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,230 and $2,275 resistance levels to start a decent increase. Ethereum Price Finds Support At $2,000 Ethereum price…
Wallets belonging to the defunct crypto exchange FTX and bankrupt trading firm Alameda Research unstaked over 3 million Solana tokens, its largest SOL unlock since it started selling off company tokens in November 2023.On March 4, blockchain analytics firm Lookonchain flagged FTX and Alameda’s wallets unstaking 3.03 million Solana (SOL). At the time of the unlock, the tokens were worth around $431 million. Since unlocking staked SOL, the bankrupt crypto firms have deposited about 25,000 SOL worth roughly $3.3 million at Binance. The most recent unlock is FTX and Alameda’s largest unstaking since November 2023 when the companies unstaked 2.1 million SOL,…
Ricardo Salinas, the billionaire owner of Mexican conglomerate Grupo Salinas, revealed in a recent interview that he has allocated 70% of his investment portfolio to bitcoin and bitcoin-related assets. The prominent bitcoin advocate disclosed that the remaining 30% of his portfolio consists of gold and shares in his own companies. He stated, “I don’t have a single bond, and I don’t have any other stocks except my own.” Salinas, whose net worth is estimated at $4.8 billion, has significantly increased his bitcoin exposure from 10% in 2020. The billionaire has been a vocal supporter of bitcoin, and he plans to…
The US Securities and Exchange Commission will dismiss its case against the Chicago-based Cumberland DRW, the crypto trading firm says.“Today we signed a joint filing to be made with the Securities and Exchange Commission (SEC) dismissing its case against Cumberland DRW,” Cumberland wrote in a March 4 X post. Cumberland said the filing was agreed in principle between Cumberland DRW and SEC staff on Feb. 20 and is currently awaiting the agency’s approval. It’s the latest crypto-related lawsuit the SEC has agreed to drop. It has previously dropped cases against crypto exchanges Coinbase and Kraken, along with crypto firm Consensys. The regulator…
Pepe fell below the support zone from February and bears remained in control. The slight bullish momentum divergence might not amount to a sizable price bounce shortly. Pepe [PEPE] retested a key level as resistance yet again. This came after it slipped below the 78.6% retracement level plotted based on the rally that commenced in the second half of 2024. The loss of the February lows meant the bearish pressure was firm. Pepe was not the only token suffering under the yoke of the sellers- it was a common theme across the market, but especially in the memecoin sector. PEPE…
The crypto market is witnessing a fresh cascade of liquidations as President Trump’s tariff threats become reality. Trump has officially implemented 25% tariffs against both Canada and Mexico, triggering a 500 point drop in the Dow, alongside small drops in the Nasdaq and S&P 500. In the crypto market, liquidations crossed more than $1 billion in just 24 hours, with about 68% of the liquidations hitting traders going long, according to the crypto data aggregator CoinGlass. Bitcoin’s volatile swings continue, with BTC touching $81,879 before rising to $86,400 at time of publishing. The majority of liquidations hit BTC, followed by…
El Salvador President Nayib Bukele said his government won’t stop buying Bitcoin despite a new request from the International Monetary Fund to stop.The IMF issued a new request on March 3 for an extended arrangement under its $1.4 billion fund facility to El Salvador, which called on the country’s public sector to stop voluntarily accumulating Bitcoin (BTC).“No, it’s not stopping,” Bukele said in a March 4 X post, confirming El Salvador wouldn’t comply with the IMF’s request.“If it didn’t stop when the world ostracized us and most ‘bitcoiners’ abandoned us, it won’t stop now, and it won’t stop in the…
A blockchain investigator discovered a series of dormant XRP wallets linked to Ripple co-founder Chris Larsen, which had over 2.7 billion XRP. These holdings are worth around $7.18 billion. Some of these wallets had been idle for six to seven years before unexpectedly reactivating in January 2025. Old Wallets Begin Moving Large Amounts The once-idle wallets did not remain quiet for long, crypto sleuth ZachXBT disclosed. More than $109 million in XRP transactions were registered, with cash going to prominent exchanges such as Coinbase, Bitstamp, and Bybit. This unexpected activity has prompted doubts regarding the timing and purpose of the…
Market cap comparison: Bitcoin vs. altcoins The latest market cap comparison between Bitcoin, large-cap altcoins, and mid/small-cap assets reveals a widening gap in performance. Data illustrates that Bitcoin has maintained a dominant uptrend, with its market cap surging beyond $2 trillion at its peak. Since late 2023, Bitcoin has experienced two significant expansions, each marked by sharp rallies followed by corrective phases. Despite these pullbacks, Bitcoin’s structural strength remains intact, reinforcing its position as the market leader. Source: Cryptoquant Large-cap altcoins have generally mirrored Bitcoin’s trajectory but with slightly steeper corrections. The early 2024 rally saw a strong uptrend for…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum pushes toward $3,000 despite waning institutional interest, AI meme coin FloppyPepe signals a massive 5,025% rally. Ethereum (ETH) has once again defied expectations, surging toward the $3,000 threshold despite a noticeable decline in institutional interest. As traditional investors pull back, retail traders and crypto enthusiasts remain bullish on the world’s second-largest cryptocurrency. While Ethereum’s resilience continues to make headlines, another digital asset, FloppyPepe (FPPE), is stealing the spotlight. This AI-driven meme coin has been making waves with…