Author: Yeek.io

A crypto whale that placed hundreds of 50x leverage long position bets on Bitcoin and Ether before US President Donald Trump announced a Crypto Strategic Reserve has profited nearly $7 million from the trades.The whale deposited $5.9 million in USD Coin (USDC) on decentralized derivatives exchange Hyperliquid on March 1 to place the long positions, according to crypto analytics platform HyperDash.The whale placed their first Ether (ETH) long position on March 2 at 2:49 pm UTC. Thirty-five minutes later, Trump announced the Crypto Strategic Reserve — nearly immediately causing an explosion in market prices.Around $4 million was used to create…

A crypto whale that placed hundreds of 50x leverage long position bets on Bitcoin and Ether before US President Donald Trump announced a Crypto Strategic Reserve has profited nearly $7 million from the trades.The whale deposited $5.9 million in USD Coin (USDC) on decentralized derivatives exchange Hyperliquid on March 1 to place the long positions, according to crypto analytics platform HyperDash.The whale placed their first Ether (ETH) long position on March 2 at 2:49 pm UTC. Thirty-five minutes later, Trump announced the Crypto Strategic Reserve — nearly immediately causing an explosion in market prices.Around $4 million was used to create…

While virtual currencies are renowned for their volatility, new surprises never end in the market. Today, according to data reported by Onchain Lens, a whale suffered massive losses after selling tokens at a loss. This activity signals that whales are beginning to panic and sell at lows.   Whale losses $14 million In a post shared on X today by Onchain Lens, the whale sold 531.7 billion PEPE tokens for $4.1 million DAI, losing $7.02 million. The whale purchased these PEPE coins for $11.1 million in December 2024. In the past 1 hour, a whale sold 531.7B $PEPE for $4.1M $DAI,…

The crypto market added $300 billion in value following President Donald Trump’s announcement of a U.S. crypto strategic reserve. The market reaction came after Trump took to Truth Social on Mar. 2, reaffirming his commitment to making the U.S. “the Crypto Capital of the World.” His latest executive order directs the Presidential Working Group on Digital Assets to move forward with establishing a national crypto reserve, which will include Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA). Bitcoin surged 8% in the last 24 hours, breaking above $93,000, while Ethereum jumped 11%. The gains in other altcoins…

Bitcoin price started a fresh increase from the $78,000 support zone. BTC must clear $95,000 to continue higher in the near term. Bitcoin started a fresh increase above the $90,000 resistance zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $89,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it fails to stay above the $87,000 zone. Bitcoin Price Rallies Over 10K Bitcoin price extended losses below the $80,000 level before the bulls…

US authorities are working to return $8.2 million in crypto frozen and seized from three scam addresses to victims of a con involving fraudulent messages and a fake investment scheme. The scam involved sending messages to random phone numbers pretending to have the wrong number. From there, the scammers would befriend the recipient, gain their trust and eventually convince them to invest in a crypto scam. The FBI has identified 33 people snared by the scam; another five are still to be identified, with total losses at $6 million, according to a Feb. 28 statement from the Ohio District Attorney’s office. The FBI…

Bitcoin dominance slipped from 55.4% to below 50% in the hours after US President Donald Trump initially announced the country would include XRP, Solana and Cardano in its “Crypto Strategic Reserve.”Trump later confirmed on Truth Social that Bitcoin (BTC) — and also Ether (ETH) — would be “at the heart of the reserve” — though his inclusion of altcoins left a sour taste in the mouths of several Bitcoiners — and even a Bitcoin critic.Bitcoin’s dominance has slipped to 49.6% as the likes of Cardano (ADA) and XRP (XRP) increased 60.3% and 34.7%, respectively, over the last 24 hours. Solana…

Robert Kiyosaki, the well-known author of “Rich Dad Poor Dad”, is making headlines again with his criticism of the US dollar. In a recent social media post, he called the currency a “scam” and warned about the dangers of relying on the traditional banking system. Instead, he suggested that Bitcoin, gold, and silver are better options for protecting wealth. Bitcoin Might Be A Scam, But The Dollar Is Worse: Kiyosaki Kiyosaki’s latest statement got people talking. He admitted that Bitcoin could be a scam, but added that the US dollar and the banking system are even bigger ones. He believes…

Bitcoin (BTC) witnessed solid buying over the weekend as US President Donald Trump announced that Bitcoin, Ether (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA) would be included in a crypto strategic reserve. The announcement massively pumped the chosen coins, which made it risky for a fresh entry after the rally. The coins in this article have been selected for their technical setups rather than the Trump-based pump.Apart from the crypto strategic reserve, in a sign that could create new demand for Bitcoin, BlackRock added the iShares Bitcoin ETF Trust (IBIT) to its $150 billion model portfolio, according to a…

Macro guru and Real Vision chief executive Raoul Pal says it is within the realm of possibility for crypto to witness an extended bull run this cycle. In a new video update, the ex-Goldman Sachs executive tells his 211,000 YouTube subscribers that the second phase of the “Banana Zone” – a term coined by him to refer to a period of rapid and explosive growth for the price of digital assets – will expand into 2026. “But [by] the back end of March, we should start to see price accelerate and then [in] April, May [and] June we should see…