Author: Yeek.io

The crypto industry has had a memorable month in February, with major policy changes on the horizon and growing Bitcoin adoption globally.A new report this month shows that the Bitcoin network is decentralizing apace. Public companies now account for 35% of global hashrate, and China’s dominance in hashrate has decreased to 14%.In the US, the crypto industry is seeing significant progress on the legal front as the Securities and Exchange Commission (SEC) dropped or paused five major legal proceedings against crypto-related entities. Not everything is a bed of roses. This month saw the largest exchange hack of all time, with North…

Bitcoin (BTC) price dropped 21.3% between Feb. 21 and Feb. 28, retesting the $78,300 level for the first time since November 2024. The correction led to over $1.6 billion in leveraged long (buy) liquidations, adding to market volatility as exchanges forcefully sold contracts. The $21,210 decline marked the largest seven-day drop in Bitcoin’s history.Despite the pullback, several Bitcoin analysts see this as a strong buying opportunity. They cite factors such as regulatory developments, sovereign fund exposure, onchain and technical signals, and increasing integration with traditional finance, including bank adoption as collateral and structured product offerings.Source: Obviously_ObvUser Obviously_Obv, reportedly a Web3…

RUNE, the native token of the THORChain protocol, remains under significant bearish pressure following a 9.09% price decline in the last week. According to crypto analyst Ali Martinez, RUNE is likely far from a market recovery following a bearish flag pattern on its trading chart. RUNE Chart Hints At Major Sell-Off Ahead – Details In technical analysis, a bearish flag is a continuation pattern formed after a significant downtrend, followed by a period of consolidation, before another leg downward. This pattern is characterized by parallel or slightly supporting ascending levels thereby giving the shape of a flag. Based on an…

Choosing the best crypto exchange in New Zealand can shape your entire journey into digital assets, whether you are buying Bitcoin for the first time or trading a broad range of cryptocurrencies. Although many exchanges accept New Zealand dollars or support multiple payment methods, they differ in fees, security measures, and local regulations. Understanding which platform meets your needs is essential for protecting your funds and trading effectively.Here, we’ll dig into the best crypto exchanges available in NZ, so you can find the right one for your needs. We’re going to look at their pros and cons, along with a…

BONK short-term holders were at a massive loss due to the relentless downtrend A recovery was not in sight, and leading memes needed to lead the sector’s recovery The memecoin market has performed abysmally in the past month, and Bonk [BONK] was in a steady downtrend. Data from the crypto data platform Artemis showed that a sector performance in crypto over the past month placed memes as some of the worst performers. Source: Artemis The memes have seen a 41% drop in the fully diluted market capitalization. The average performance in the past month was -30.2%, and Bitcoin [BTC] was…

Litecoin, at press time, was testing key resistance levels, with a potential breakout towards $170 if it holds On-chain signals and MVRV ratio hinted at sustained growth, supported by rising market sentiment Litecoin [LTC] recorded a remarkable surge in February, gaining by +25% against Bitcoin and exhibiting some strong bullish sentiment. At press time, Litecoin was trading at $127.08, following a solid 8.14% hike over the last 24 hours alone.  The crypto’s impressive price action coincided with a surge in active addresses too, with the same climbing to over 445k for the first time since early February. Technical analysis –…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Dogecoin struggles, Yeti Ouro emerges as a robust GameFi contender, capturing investors’ attention. The crypto market is bleeding after a series of adverse macroeconomic factors struck. Dogecoin (DOGE) and other meme coins have been the worst affected, but coins like Yeti Ouro (YETIO) could be the only silver lining. Yeti Ouro is a Play-to-Earn (P2E) gaming meme coin still in its presale, creating waves in the crypto scene.  Dogecoin price analysis Dogecoin has lost 36.81% of its value…

Swiss National Bank (SNB) President Martin Schlegel reportedly doesn’t want to make Bitcoin a reserve asset in Switzerland — citing a lack of stability, liquidity concerns and security risks.Schlegel’s position opposes a proposal from Swiss Bitcoin nonprofit think tank 2B4CH and other Bitcoin advocates to constitutionally mandate SNB to hold Bitcoin (BTC) on its balance sheet.Schlegel first told Swiss local media outlet Tamedia that Bitcoin and other cryptocurrencies are too volatile, which isn’t conducive to maintaining the value of SNB’s investments.“Second, our reserves need to be highly liquid so that they can be used quickly for monetary policy purposes if…

Ethereum is trading below the $2,700 mark after days of struggling to reclaim this level and push above $2,800. The market has been dealing with strong selling pressure, and Friday’s shocking news of Bybit’s $1.4 billion ETH hack added more uncertainty. This attack was a major event, marking the largest crypto hack in history, triggering a wave of fear that sent Ethereum into lower demand levels. Investors remain cautious as the market assesses the long-term impact of the breach on sentiment and liquidity. Despite the initial panic, there are signs of recovery. Key metrics from CryptoQuant reveal that Bybit’s ETH…

Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 CryptoPunks 1,496.30 ETH 7 ethereum View 2 Uniswap v4 Positions NFT 393.60 ETH 7 ethereum View 3 Pudgy Penguins 175.77 ETH 19 ethereum View 4 Bored Ape Yacht Club 149.73 ETH 11 ethereum View 5 Kaito Genesis 119.42 ETH 51 ethereum View 6 Lil Pudgys 120.16 ETH 88 ethereum View 7 Lil Pudgys 114.54 ETH 111 ethereum View 8 Memeland Captainz 83.84 ETH 86 ethereum View 9 Azuki 67.42 ETH 24 ethereum View 10 Milady Maker 65.59 ETH 17…