Author: Yeek.io
Este artículo también está disponible en español. Bitcoin (BTC) is currently trading just below $88,000, a significant drop from its all-time high of $109,000 earlier this year. Over the past month, the leading cryptocurrency has faced a steady decline, slipping nearly 15% and showing limited signs of a rebound. While this bearish trend has many investors concerned, one CryptoQuant analyst, BilalHuseynov, recently shared his perspective on Bitcoin’s current state using the Retail Investor Demand (RID) indicator. Related Reading Bitcoin Retail Investor Demand at a Crossroads BilalHuseynov’s analysis focused on Retail Investor Demand (RID). This metric, which gauges retail interest and…
Potential of MyShellMyShell is a decentralized AI consumer layer that bridges the gap between users, AI agent developers, and open-source researchers. It starts as an inclusive platform that allows anyone to create, distribute, and earn from their AI agents.It contains value infrastructure to encourage builders to create AI Agents effortlessly and be able to earn from them.MyShell ProductsSelf-Developed Open-Source AI Models: MyShell has created multiple open-source AI models, including text-to-speech and large language models. Over time, more existing technologies will be open-sourced and made available for seamless integration.AI Agent Development Platform: It provides an intuitive platform for individuals to build…
Homepage > News > Business > Blockchain adoption in German ventures in dire state: study The Hanseatic Blockchain Institute has published a comprehensive study on blockchain as a technology in the German economy. The Federal Ministry for Economic Affairs and Climate Protection funded the research and, therefore, has a policy-oriented view. The study provides a comprehensive overview of the current level of adoption, opportunities and advantages, and obstacles that make adoption difficult. However, it has a major blind spot, which arises from the fact that companies that do not use blockchain or are planning or discussing its use were not…
Spot Bitcoin ETFs in the United States recorded their seventh consecutive day of outflows on Feb. 26, with BlackRock’s IBIT seeing its highest single-day withdrawals since launch. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $754.53 million in net outflows on Wednesday, following the $1.14 billion net redemptions seen the previous day. BlackRock’s IBIT led the outflows, with $418.06 million exiting the fund, marking its highest net outflow day post-launch. Fidelity’s FBTC followed, with $145.69 million in outflows, extending its streak to seven consecutive days of redemptions. While no Bitcoin ETFs recorded positive inflows on the day,…
London e-commerce logistics startup Relay has raised a $35 million (£27.6 million) financing round from Plural VC, the venture capital firm created by Ian Hogarth and Taavet Hinrikus. The funding will be used to expand Relay’s AI and machine learning capabilities to drive down delivery costs and streamline online shopping logistics. With retailers losing over $18 billion annually due to shopping cart abandonment, primarily driven by high delivery costs, Relay aims to solve this issue by transforming outdated delivery networks. The company has developed a “decentralized delivery model” using hyperlocal nodes, which significantly reduces shipping distances, consolidates deliveries, and lowers…
Journalist Posted: February 27, 2025 Litecoin’s technical breakout above its descending channel confirms a bullish reversal amid rising investor conviction. Market sentiment signals further price uptrend as Open Interest rises alongside decreasing exchange netflows. Litecoin [LTC] has seen renewed interest from large-scale traders amidst recent volatility in the crypto market. At press time, LTC was trading at $125.29, a 12.86% price surge despite a decrease in trading volume in the last 24 hours. With this breakout and Litecoin’s market sentiment, will the altcoin maintain its bullish momentum? Litecoin’s price action Litecoin has been trading in a descending channel on the…
A controversial tax rule proposed by the U.S. Internal Revenue Service, requiring decentralized finance brokers to report crypto transactions, could be overturned as lawmakers have pushed to repeal it. On Feb. 26, U.S. House Representatives advanced a resolution to scrap the rule, with the House Ways and Means Committee voting 26-16 in favor of the repeal. The resolution now moves to the full House for a vote. If it passes, the Senate will then decide its fate. A successful Senate vote would send the measure to President Donald Trump, who can either sign it into law or veto it. However,…
Investors Show Confidence in EthereumDespite the decline, data from Glassnode suggests strong investor confidence. The Cost Basis Distribution (CBD) data shows that many investors continue to buy Ethereum as prices drop. A key support level has formed at $2,632, where 786,660 ETH has been acquired. Resistance sits at $3,149, with 1.22 million ETH accumulated.Ethereum’s recent flight from exchanges is a crucial optimistic indicator. 178,500 ETH, valued at almost $444 million, have left exchanges in the last 48 hours. This suggests that investors are taking their money out of exchanges and putting it in their personal wallets, most likely for long-term…
With whales continuing to dump ETH and spot Ethereum ETFs reporting large net outflows, Ethereum is under increasing sell pressure. According to SoSoValue data, U.S. Ethereum (ETH) spot ETFs saw $94.3 million in net outflows on Feb. 26. BlackRock led the outflows with $69.7 million, followed by Fidelity with $18.3 million and Grayscale with $3 million. Over the past week, total net outflows have reached $222 million. ETH has dropped 5% during the last 24 hours, trading at $2,340 at press time. According to CoinGlass, 24-hour liquidations have totaled $127.93 million. Weaker DeFi activity and liquidity are also seen in…
Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Pudgy Penguins 578.87 ETH 65 ethereum View 2 Doodles 278.68 ETH 86 ethereum View 3 Milady Maker 244.58 ETH 65 ethereum View 4 Kaito Genesis 171.55 ETH 53 ethereum View 5 Bored Ape Yacht Club 147.33 ETH 11 ethereum View 6 Azuki 113.26 ETH 39 ethereum View 7 Lil Pudgys 114.44 ETH 124 ethereum View 8 CryptoPunks 91.75 ETH 2 ethereum View 9 Mutant Ape Yacht Club 69.13 ETH 31 ethereum View 10 Memeland Captainz 55.29 ETH 49 ethereum…