Author: Yeek.io
In the past two days, the Bitcoin price has tumbled more than 10%, rattling a crypto market that had seen a sustained period of relative stability. The pullback has left investors questioning the role of US spot-based Bitcoin ETFs in the downturn, as data emerges revealing significant outflows from these products. Vetle Lunde, Head of Research at K33 Research, highlighted on X that ETF outflows have reached notably high levels:“Yesterday’s net outflow of 14,579 BTC in BTC ETPs globally is the largest recorded net outflow since the launch of US spot ETFs. Outflows have dominated throughout February. 69% of all…
Este artículo también está disponible en español. The cryptocurrency market is experiencing significant turbulence this week, with Solana (SOL) facing particularly steep challenges. As the excitement surrounding memecoins wanes, prices have dropped to their lowest levels in several months. Following the historic hack of the ByBit exchange and President Trump’s controversial tariff proposals, the overall crypto market has seen a downturn, with Bitcoin falling 12% in the past week. In contrast, Solana has plummeted 22%, reaching a new five-month low. Solana Struggles As New Data Shows Dramatic Drop As reported by Fortune, the decline in Solana’s value can be attributed…
Ripple’s President Monica Long had recently shared her views on PayPal’s new stablecoin, PYUSD. Even though she called it reliable, she pointed out that PayPal still works in a centralized system, which is the main difference from Ripple’s idea of decentralization. Ripple is all about an open financial system that doesn’t depend on regular institutions like banks. Ripple’s goal is to make cross-border payments simpler and more available for everyone with no need for centralized control. This take on decentralization is what makes Ripple stand out from the rest, including PayPal. While PayPal’s stablecoin helps make crypto more popular, Ripple’s main…
On Feb. 26, Zuvu AI and Vana announced a partnership to enhance decentralized artificial intelligence in Bittensor. The goals are to create a more open, financially sustainable AI ecosystem. Zuvu AI (formerly SocialTensor) brings its experience scaling four Bittensor (TAO) subnets, while Vana, recently advised by Binance founder Changpeng Zhao, contributes its pioneering user-owned data network. This collaboration aims to test a new artificial intelligence development model, one that’s open, collaborative, and financially sustainable, by integrating key layers of the decentralized artificial intelligence stack. Creating real-world value Art Abal, Managing Director at Vana Foundation, commented the partnership integrates Vana’s data…
The total net flow for LINK revealed substantial exchange activity between the 17th of November and the 26th of February. LINK’s price movements from October 2024 to February 2025 exhibited notable volatility. Recently, Chainlink [LINK] experienced significant market activity. The movement of 610,000 LINK to crypto exchanges within 24 hours indicated increased selling pressure. The total net flow for LINK revealed substantial exchange activity between the 17th of November and the 26th of February. Data showed aggregated exchanges managing 562.4k LINK, with a current total net flow of 562.4k LINK. In the last 24 hours, the net flow increased by…
Este artículo también está disponible en español. As the broader cryptocurrency market grapples with significant downturns, Ethereum (ETH) and Solana (SOL) have emerged as some of the hardest-hit assets among the top ten digital currencies. On top of that, recent allegations by market experts on social media suggest potential market manipulation by major players in the space, raising further concerns for investors. Ethereum Falls Below $2,600: Potential End To Altseason Over the past few days, on-chain data has surfaced, indicating large-scale selling of Ethereum and Solana tokens primarily by Binance (BNB), the world’s largest cryptocurrency exchange. Market expert Crypto Rover…
Este artículo también está disponible en español. The crypto market has experienced an unprecedented surge in volatility, with established coins like Bitcoin and Ethereum facing extreme price swings. Since January, the frequency of flash crashes has risen sharply, erasing billions from the market. A crypto analyst has suggested that these flash crashes have been driven by several factors, providing a detailed insight into what’s really going on in the market. Why Flash Crashes Are Occurring In The Crypto Market A crypto analyst known as ‘The Kobeissi Letter’ has shed light on the recent market crash and why top coins are…
Are you planning to invest in Ethereum Classic and wondering if this is the right time? On February 25, at 00:00 UTC, Ethereum Classic (ETC) traded close to $19.20, resisting strongly a previous breakout level. A breakdown of gains above $19.40 prompted a sell-off, taking the price to $18.00 by 06:00 UTC. This fall continued during the morning, with support at $17.80 limiting further losses close to 12:00 UTC. A rebound from this level resulted in a bounce back, sending ETC to $19.30 by 21:00 UTC, as bullish momentum began to gather. Analyzed by Meghana, Published in TradingView on February…
Over the past 24 hours, the price of Chainlink (LINK) made a solid decline as it dropped below the crucial level of $15. However, buyers quickly gained control and rebounded the price above $14. The fear/greed index has dropped, now showing a fear sentiment at level 26. Meanwhile, Chainlink’s trading volume has dropped by 47.47% in the last 24 hours, reaching $611 million. Looking at the longer trend, LINK’s price has been declining since mid-December, dropping from a high of $31 to about $15 on 3 February. In recent weeks, LINK price consolidated below $20 and it again fell below…
Sweat Economy, a Web3 platform with 20 million mobile users incentivizing physical activity, has announced at EthDenver the launch of its new artificial intelligence-powered personal agents in its Sweat Wallet app. The initiative was developed in partnership with NEAR.AI, NEAR Protocol’s (NEAR) AI unit. This new large-scale AI deployment is powered by 700,000 queries from $SWEAT token holders and represents a milestone for consumer crypto by introducing personalized assistance to individual users. Bringing AI-powered assistance to millions With over 19 million $SWEAT token holders and 3 million monthly active users, Sweat Wallet is the first major consumer crypto app to…