Author: Yeek.io

On March 2, XRP registered a massive rally of 34.15%. The price pump came after US President Donald Trump’s announcement that XRP (XRP) would be included in a US strategic crypto reserve alongside Solana (SOL) and Cardano (ADA). XRP 1-day chart. Source: Cointelegraph/TradingViewHowever, the altcoin retraced 50% of its rally on March 3, and one analyst highlighted that XRP whales are potentially making a move behind the scenes.XRP whales sell at record levelsWith XRP currently 30% below its all-time high, CryptoQuant founder Ki-Young Ju implied that large XRP addresses are potentially cashing out. With the help of XRP’s volume bubble…

Este artículo también está disponible en español. Ethereum price started a fresh decline from the $2,550 zone. ETH is now back below $2,200 and might decline further in the near term. Ethereum started a fresh decline below the $2,350 support zone. The price is trading below $2,250 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $2,160 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,160 and $2,250 resistance levels to start a recovery wave. Ethereum Price Dives 15% Ethereum price failed to clear the…

Este artículo también está disponible en español. Despite recovering from bearish lows following its recent uptick, a crypto analyst has predicted that the XRP price could undergo a further decline in its price to $1.5. The analyst has pinpointed a critical resistance level that XRP will need to hold lest it crashes to new lows and eradicates recent gains. Analyst Predicts XRP Price Crash To $1.5 TradingView crypto analyst MadWhale has shared a new price analysis focusing on XRP’s future price potential. The analyst emphasized his strong track record of cryptocurrency trends, underscoring that he has accurately identified and hit…

A widely followed crypto trader is turning bullish on a handful of altcoins as digital assets attempt to find a bottom. The pseudonymous trader and analyst known as Altcoin Sherpa says he’s bullish on KAITO, an artificial intelligence (AI)-powered Web3 information platform. He tells his 243,000 followers on the social media platform X that he’s looking to see KAITO rally above the $2.50 level, about 20% higher than current prices. “KAITO just longed around this area, targeting $2.50 and higher. will take profits along the way, hope BTC is stable.” Source: Altcoin Sherpa/X At time of writing, KAITO is worth…

Yesterday, President Trump announced the long awaited Strategic “Bitcoin” Reserve on Truth Social, and many in the space are pissed. First, the Reserve appears to be far from Bitcoin only. “They’re doing DEI for Charles Hoskinson,” former CoinDesk Chief Insights Columnist David Z. Morris wrote on X – Hoskinson’s Cardano (ADA) was announced to be included in the Reserve. “Cut cancer research to buy Cardano,“ another user posted.  Others take issue with possible investment interests surrounding the Trump administration: Trump’s announcement is “a new level of corruption,” wrote communications strategist Derek Martin, detailing David Sack’s investment in Bitwise. “You get…

The US economy could be shrinking at its fastest rate since the COVID-19 lockdown, according to the Federal Reserve Bank of Atlanta’s GDPNow model, which is now forecasting America’s gross domestic product to fall 2.8% in the first quarter.The new forecast differs immensely from just a month ago, which estimated America’s GDP was tracking close to a 4% growth for Q1. While GDP trackers like the Federal Reserve Bank of Atlanta can be volatile, several economic indicators also support the downward trend, which could also spell trouble for the crypto markets too, should a global liquidity crunch and more geopolitical conflict…

Some altcoins outperformed the broader cryptocurrency market as Bitcoin staged a significant rebound above the $90,000 psychological level, driven by positive news on crypto adoption in the United States.Cardano’s (ADA) token was the biggest gainer among the 100 largest cryptocurrencies, rising over 43% in the 24 hours leading up to 10:15 am UTC on March 3 to trade above $0.95, Cointelegraph Markets Pro data shows.ADA/USD, 1-month chart. Source: CointelegraphSolana (SOL) and XRP (XRP) also staged significant rallies, with XRP rising over 15% and SOL rising nearly 12% on the daily chart, outperforming Bitcoin’s (BTC) 7.3% intraday rise.ADA, SOL, XRP, 1-day…

Official Trump has surged higher in recent hours and increased buying pressure could drive prices higher. Despite the bullish structure break, traders need to be wary of a breakdown below the $14.67 support. Official Trump [TRUMP] has gained 8.37% in the past 24 hours. It has shifted its market structure bullishly on the 2-hour timeframe after breaching the $13.64 lower high on the 1st of March. Thereafter, the technical indicators showed increased short-term bullishness. If the key Fibonacci support levels can be defended over the next day or two, Official Trump might see more gains. Source: CoinMarketCap The memecoin market…

Whale selling pressure, combined with major resistance-level selling, added to JASMY’s downside pressure. Derivative market traders remained bullish as the number of contracts climbs alongside buying volume. In the past 24 hours, JasmyCoin [JASMY] saw a major rise in buying pressure, with its price gaining over 10%. This movement is associated with derivative traders placing long bets. However, AMBCrypto found that other segments of the market, led by large investors, are countering this move as they continue to sell JASMY, potentially impeding its future rally. Large investors and price roadblocks force a drop Despite bullish sentiment, large investors have continued…

Crypto exchange Coinbase is seeking to discover how much the US Securities and Exchange Commission (SEC) spent on enforcement action against crypto firms.  Coinbase chief legal officer Paul Grewal said in a March 3 statement to X that the request under the Freedom of Information Act (FOIA) was submitted to the SEC to find out how many investigations and enforcement actions were brought against crypto firms between April 17, 2021, through Jan. 20, 2025.The crypto exchange also seeks information on how many employees worked on the enforcement actions, how many third-party contractors were used, and how much it all cost.Source: Paul…