Author: Yeek.io
The cryptocurrency market has been facing significant short-term volatility, with the overall market cap currently standing at $3.05 trillion – a 3.33% decline in just 24 hours. The market had peaked at an impressive $3.91 trillion in December 2024, meaning it has dropped by nearly 22% in the last couple of months.This turbulence has particularly impacted the meme coin sector. Once soaring to a staggering $225 billion valuation in January 2025, the meme coin market has now corrected sharply to just $64.8 billion, marking a massive 71% decline in only a few months.As investors look for stability amid this downturn,…
Journalist Posted: February 27, 2025 Cardano was down 50% from its December peak of $1.3. At press time, ADA’s price hit a pivotal point, but demand was still weak. Cardano’s[ADA] weekly losses topped 12% as bearish pressure continued following Bitcoin’s [BTC] drop below $90K. Even the Grayscale Cardano ETF acknowledgment didn’t induce much demand, reinforcing macro uncertainty as a key risk factor for the altcoin and broader market. However, the slight 2% drop in Bitcoin dominance was positive news, which could offer relief to altcoins, including ADA. So, what does price action imply? Cardano hits pivotal level Source: ADA/USDT, TradingView…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Dogecoin plunges 40%, Shiba Inu and Codename:Pepe hold strong with promising upside potential. The crypto market is in turmoil as Dogecoin (DOGE) faces a significant decrease, losing 40% of its value amid a selling frenzy. While uncertainty looms for this meme coin, others seem to be holding their ground. The spotlight turns to Shiba Inu (SHIB) and an intriguing newcomer, Codename:Pepe, noted for its potential in the current bull market. Codename:Pepe is making waves as it aims to…
Solana is facing mounting selling pressure, trading at its lowest level since September 2024 following yesterday’s market-wide correction. Extreme fear continues to grip the market as SOL fails to find strong support, with bears maintaining control since the cryptocurrency hit its all-time high back in January. Since then, Solana has retraced over 55%, leaving investors uncertain about its short-term prospects. The broader crypto market remains under pressure, with altcoins struggling to regain bullish momentum. Analysts warn that further declines could be on the horizon if SOL fails to hold key levels. Crypto expert Ali Martinez shared on-chain metrics on X,…
A significant transfer of Ethereum (ETH) valued at $600 million went into Bybit from Mirana Ventures. The operation aims to reduce financial damages from the previous $1.5 billion hack by stabilizing Bybit’s system. Amidst this turmoil, investors are exploring the best cryptos to invest in right now.A major security breach at Bybit resulted in the loss of 1.5 billion dollars worth of ETH-based assets. The Ethereum deposits came from Mirana Ventures, which works closely with Bybit co-founders. The exchange plans to build its assets by investing this considerable funding amount toward solving existing liquidity issues.Mirana Ventures processed the transaction by…
Mastercard is announcing a new partnership with Ondo Finance (ONDO) that will see the project join the credit card giant’s Multi-Token Network (MTN), a blockchain that links commercial banks and digital assets. In a new press release, Mastercard says it is joining forces with the real-world asset (RWA) tokenization protocol because the firm believes blockchains are the future of business-to-business transactions due to their efficiency. “Blockchain technology has the potential to transform the way businesses pay one another. Even in 2025, the complex work of settling the world’s business transactions sometimes requires waiting several days as banks communicate and sync…
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…