Author: Yeek.io

The market intelligence platform IntoTheBlock has revealed where the next major obstacle for Bitcoin could lie, according to on-chain data. Bitcoin Has A Major Supply Wall Between $95,400 & $98,200 In a new post on X, IntoTheBlock has discussed about how the various BTC price ranges are looking in terms of on-chain resistance and support. In on-chain analysis, the strength of any support or resistance range is assumed to lie in the amount of supply that was last purchased/transacted by investors at price levels falling in said range. That is, strong support/resistance ranges carry the cost basis of a large…

THORChain generated more than $5 million in total revenue after the protocol’s asset swap volume hit record highs, driven by the exploiter behind the $1.4 billion Bybit hack.Centralized crypto exchange Bybit was hacked for over $1.4 billion worth of crypto on Feb. 21 in the largest hack in crypto history.The North Korean state-affiliated Lazarus Group, identified as the main suspect by blockchain security firms, continued laundering the stolen funds, using crosschain asset swap protocol THORChain for a significant part of the transfers.Since the exploit, THORChain has processed more than $5.4 billion in total swap volume, generating about $5.5 million in…

A day that was not overly positive for the market followed the unexpected excitement caused by President Donald Trump’s announcement regarding a strategic crypto reserve fund consisting of BTC, ETH, SOL, ADA, and XRP. On the morning of March 4, the crypto market continued to witness a widespread “red”, leading to skepticism and a wave of sell-offs across crypto markets, which can be attributed to a combination of factors based on current market dynamics and recent events.How did the market dump?According to CoinMarketCap, Bitcoin price surprisingly declined this morning (March 4, 2025) (U.S time). In 24 hours, the price of…

THORChain generated more than $5 million in total revenue after the protocol’s asset swap volume hit new record highs, driven by the exploiter behind the $1.4 billion Bybit hack.Centralized crypto exchange Bybit was hacked for over $1.4 billion worth of crypto on Feb. 21 in the largest hack in crypto history.The North Korean state-affiliated Lazarus Group, identified as the main suspect by blockchain security firms, continued laundering the stolen funds, using crosschain asset swap protocol THORChain for a significant part of these transfers.Since the exploit, THORChain has processed more than $5.4 billion in total swap volume, generating approximately $5.5 million…

Onyx Protocol has launched a Layer 1 blockchain, powered by XCN token, to drive institutional blockchain adoption for transaction processing. Onyx Protocol (XCN) has just launched the Onyx Goliath Project, a Layer 1 blockchain network built for banks, financial system providers, and financial institutions. The main objective of the Goliath Project is to provide a blockchain solution that meets the financial sector’s strict requirements while offering near-instantaneous transaction speeds to institutions that are interested in using blockchain for payment processing. Specifically, the Goliath Layer 1 aims to achieve transaction speeds comparable to traditional networks like Visa. To put it into…

A crypto strategist known for making timely Bitcoin calls believes that a deeper drawdown is now on the table for BTC. Pseudonymous analyst Credible tells his 464,800 followers on the social media platform X that he now expects Bitcoin to go below its recent low of $78,000 after failing to reclaim $90,000 as support. While the trader is short-term bearish on BTC, he says that the pullback will be a golden opportunity for long-term investors. “At the moment, it’s looking like we may get a full retracement on BTC which should result in similar pullbacks across the board and some…

Bitcoin (BTC) price has declined by more than 8.5% over the last 24 hours days after rallying to $95,000 on Sunday, March 2.Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin suddenly dropped from a high of $94,422 on March 3 to an intra-day low of $82,450 on March 4.BTC/USD daily chart. Source: TradingViewBitcoin’s price drop coincides with a marketwide drawdown fueled by the implementation of trade tariffs imposed by US President Donald Trump’s administration on imports from Mexico, Canada and China. Related: Bitcoin no longer ‘safe-haven’ as $82K BTC price dive leaves gold on topThe ensuing…

Este artículo también está disponible en español. In a swift and dramatic reversal, crypto markets have shed hundreds of billions of dollars in the space of just one day, raising questions about the sustainability of recent gains spurred by the surprise announcement of a new US Crypto Reserve. At the peak of the initial rally—shortly after former President Donald Trump’s Sunday statement unveiling the Reserve—total crypto market capitalization soared from approximately $2.7 trillion to $3.1 trillion. But, as of the latest readings, those gains have not just evaporated; the market now stands at around $2.6 trillion, even lower than it…

Homepage > News > Business > BRICS challenges the world order and blockchain will play a role Over the past several years, CoinGeek has been reporting on how BRICS is challenging the existing world order and financial system. While the hype about a BRICS digital currency didn’t come to anything at this year’s summit in Kazan, the alliance’s nations made one thing abundantly clear: it’s full-steam ahead on de-dollarization and alternatives to the Western financial system. So far, in 2025, we’ve seen Russia calling the G7 outdated and signaling that it will focus on the G20, SCO, and BRICS. ASEAN…

Ethereum tumbled 15% to $2,000 as whales unload, despite its inclusion in strategic reserves. Is a drop to $1,900 now a real possibility? Ethereum’s [ETH] price action turned brutal as ETH plunged 15% to $2,000 – its lowest level since November. The breakdown shattered key support as whale-driven sell-offs erased all post-election gains. Even the “anticipated” boost from Ethereum’s inclusion in strategic reserves failed to halt the outflows, with ETH ETFs bleeding $51.36 million. With elevated sell-side liquidity and “extreme” fear dominating the market, defending key levels remains a challenge. If bulls fail to hold the line, a drop to…