Author: Yeek.io

After BNB broke an ascending trendline, the price saw a sharp drop that touched the $500 level. An insider on Ronaldinho’s STAR10 meme on the BNB chain made a profit of $4.94 Million. Binance Coin [BNB] recently broke it’s ascending trendline, triggering a sharp decline that tested the $500 level before bouncing back to the $560 support zone. The breakdown of the trendline led to rapid price swings between $732 and $500, where BNB currently trades. The price is now forming a potential double-bottom pattern, indicating a possible trend reversal if it can sustain levels above $560 and push toward…

Bitcoin (BTC) sold off at the Mar. 3 Wall Street open as US trade tariffs kept risk-asset traders on their toes.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin braces for Trump “investment announcement”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping below $90,000, shedding up to 5% on the day.Initial excitement over the prospect of a US strategic crypto reserve saw weekly highs before sell-side pressure kicked in as TradFi returned.A suggestion from US Commerce Secretary Howard Lutnick on CNN that President Donald Trump should decide on tariffs against Canada later on in the day contributed to a nervous open for stocks.Bitcoin’s…

How SocialFi WorksDecentralized social networking websites enable Web3 content authors and crypto personalities to monetize their audience independently without the aid of third-party advertises. Decentralized websites usually incentivize users with token rewards for authoring, sharing, or posting comments about material.Social Tokens and Community EngagementOne popular feature of SocialFi platforms is the introduction of social tokens. These are virtual resources tied to a creator or community. They can be bought by fans to support their favorite creators or access special content and events. Social tokens also let creators raise funds directly from their community without sponsorships or ads.Tokenized communities foster increased…

Australia’s government has ruled out creating a crypto reserve, focusing instead on regulation. Australia will not follow the United States in creating a strategic crypto reserve, despite President Donald Trump‘s efforts to make the U.S. the “Crypto Capital of the World.” While a spokesperson for Assistant Treasurer and Financial Services Minister Stephen Jones did not explicitly rule out a crypto reserve, he confirmed in an interview with Sky News Australia that the government is prioritizing the regulation of digital and crypto asset platforms over creating a strategic reserve. “The Albanese government has consulted on our proposed framework to build a…

Popular self-custodial cryptocurrency wallet MetaMask is set to undergo a significant overhaul.The update introduces a revamped user interface, support for additional blockchain networks, and changes to transaction processing. Notably, Bitcoin and Solana will be natively supported for the first time, allowing users to manage assets across multiple blockchains within a single wallet. Additionally, a new gas abstraction system will enable users to pay transaction fees using a variety of tokens, reducing reliance on ETH.The update also includes the launch of the MetaMask Card, which will allow users to spend cryptocurrency directly at participating merchants. These changes aim to improve the…

As cryptocurrency losses from security breaches surge past $1.5 billion, cybersecurity experts are urging exchanges to improve bug bounty programs to attract top ethical hackers and strengthen platform security.On March 3, blockchain security firm CertiK said that crypto lost from hacks in February had reached $1.53 billion, with the Bybit hack accounting for the majority of losses at more than $1.4 billion. Excluding the incident, CertiK reported that other exploits had resulted in $126 million in losses, including a $49 million Infini hack.Ethical hacker Marwan Hachem told Cointelegraph that the surge in crypto hack losses highlighted a growing need for…

At present, XRP is trading at $2.64, following a robust 16.95% rally in the past 24 hours. Such an increase indicates a short-term burst of buying pressure—possibly driven by positive market sentiment, favorable news, or a temporary correction from previous lows. However, despite this rapid recovery, XRP’s 30-day performance shows an 11.35% decline, suggesting that the recent surge might be part of a cyclical rebound rather than a sustained upward trend. XRP Price Analysis The 20-day and 50-day Simple Moving Averages (SMAs) are critical for assessing XRP’s near-term trend. Currently, XRP’s price appears to be flirting with these short-term averages.…

President Donald Trump has announced the creation of a “Crypto Strategic Reserve” that will include five digital assets. This announcement builds on various promises made by Trump’s campaign, including establishing the United States as the “crypto capital of the world” and strengthening the country’s financial infrastructure. The suggested crypto included Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA).  Andrew O’Neill, Digital Assets Managing Director at S&P Global Ratings, provided insights on Trump’s latest announcement. O’Neill noted that Bitcoin stands out as an alternative monetary asset and can stand as a hedge against long-term currency debasement and supporting…

Este artículo también está disponible en español. XRP has been a popular topic among traders and analysts, with expectations of a large price increase making the rounds. Dark Defender, an analyst, believes the cryptocurrency might reach an eye-watering $77.7 by 2027, but the path there is fraught with key levels to watch. Related Reading XRP Key Support And Resistance Levels Dark Defender notes important price ranges that can affect XRP’s next movements. His studies indicate that resistance is about $5.85, $8.03, and $18.22 while support is roughly $2.60 and $2.77. Over the next few years, these levels are expected to…

Donald Trump unveils a U.S. Crypto Reserve with XRP, SOL, ADA, BTC, and ETH, vowing to make the U.S. the crypto capital while raising regulatory questions.Trump Announces U.S. Crypto Reserve, Pledges to Make America the ‘Crypto Capital’In an attempt to fortify the sector following what he described as years of “corrupt attacks” by the Biden Administration, Donald Trump has announced intentions to create a U.S. Crypto Reserve. He added in a recent announcement that the Presidential Working Group has been instructed to establish a Crypto Strategic Reserve under his Executive Order on Digital Assets.According to Trump, the reserve will include…