Author: Yeek.io

As of now, Pudgy Penguins (PENGU) is trading at $0.007916, showing a 12.84% decrease over the past 24 hours and a staggering 50.07% drop over the last 30 days. These numbers indicate a challenging environment for the token, though short-term technical signals suggest there may be an opportunity for a recovery. PENGU Price Analysis This steep short-term drop contrasts with the broader 30-day trend, where PENGU has fallen by over 50%. Such a discrepancy indicates that while recent trading activity has been bearish, there may be pockets of technical support and potential reversal signals that savvy traders are watching. Moving…

Based on historical records, after every Bitcoin (BTC) bull run, a bear market hits, and this cycle may be no different. Analysts forecast that the upcoming bear market may see the price of Bitcoin dropping as low as $25,000. This decline would represent a whopping 77% crash, pushing BTC to a possible market bottom. Analyst Bitcoin Price Correction To $25,000 Bitcoin has been put in the spotlight again, as its recent price surge has sparked new projections by market analysts. One notable forecast by crypto expert Tony Severino suggests that if history repeats, Bitcoin could see a drawdown between 77%…

The US Securities and Exchange Commission’s Crypto Task Force is set to host a roundtable later this month on the “security status” of digital assets.It comes the same day the agency announced the staffing lineup for the task force, which taps a former big law firm crypto lawyer along with longstanding SEC staff.The SEC said in a March 3 press release that it will host a series of roundtables at its Washington, DC head office, dubbed the “Spring Sprint Toward Crypto Clarity.” The first roundtable will kick off on March 21 with a discussion titled “How We Got Here and How…

Homepage > News > Business > Sri Lanka to fund $10M for digital transformation in 2025 As the 2025 national budget becomes operational, the Sri Lankan government has earmarked $10 million for a leap to achieve digital transformation, hinging on emerging technologies. According to a report, the investment in next-gen technologies is expected to improve productivity and efficiency in key sectors of the Sri Lankan economy. Financial services, healthcare, education, supply chain, and government processes are the key areas of focus of the administration. While the amount pales in comparison to the rest of the Sri Lankan budget, experts say…

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…