Author: Yeek.io

New market data displays Ethereum’s strong correlation with Gold. As per the popular crypto analyst Michaël van de Poppe, the rising correlation of Ethereum with Gold points toward the influence of macroeconomic factors on the digital assets. The analyst took to social media to discuss the Ethereum-Gold correlation and the potential outcomes thereof. The correlation between $ETH and Gold is pretty substantial.Similar to the Yields or the $DXY.If Gold has peaked, for now, and goes in a 6-12 month bear market window, that would be the ultimate risk-on trigger for #Altcoins.What goes up?– Revenue generating altcoins.-…— Michaël van de Poppe…

Aleksei Andriunin, founder and chief executive officer of crypto platform Gotbit, has been extradited to the United States. The U.S. Attorney’s Office for the District of Massachusetts announced on Feb. 26 that the Russian national, arrested in October 2024 in Portugal, will face charges of market manipulation and wire fraud. The Department of Justice alleges that Andriunin engaged in wash trading, inflating cryptocurrency trading volumes on behalf of multiple firms. Other companies implicated in market manipulation allegations in 2024 include ZM Quant, CLS Global, and MyTrade. Indictment and extradition Federal prosecutors indicted Andriunin in late October 2024. According to the…

Sui (SUI) is showing signs of a potential rebound as its price climbs above the $2.80 mark, sparking optimism among traders. After experiencing a period of downside pressure, the cryptocurrency is attempting to reclaim lost ground, suggesting that bullish momentum may be building. This recovery comes at a critical juncture as maintaining support above this level could pave the way for further upside movement.  The rally has drawn attention to whether SUI is gearing up for a more sustained recovery or if this surge is merely a short-lived reaction before another downward move. Despite the optimism, the broader market remains…

The cryptocurrency market is full of surprises—one day it’s cooling off, and the next it’s roaring back with double-digit gains. For investors looking to stay ahead, early entry into high-potential projects can make all the difference. While major players like Bitcoin and Ethereum often dominate headlines, savvy traders know the real opportunities often lie in emerging projects with strong fundamentals and game-changing use cases.If you’re wondering about the best cryptos to buy this week, you’re in the right place. We’ve rounded up four standout projects with the potential to deliver 50x gains (or more) in 2025. From a decentralized e-commerce…

The Pi coin price has hit a new all-time high (ATH), sparking a bullish outlook for the crypto. This rally to a new ATH, especially amid the downtrend in the broader crypto market, has cast doubts about the scam allegations against the Pi network. Pi Coin Price Hits New All-Time High CoinMarketCap data shows that the Pi coin price has hit a new all-time high of $2.98 today, just six days after it hit an all-time low of $0.6. This development is more significant considering that the coin has defied the odds and rallied amid the recent crypto market crash,…

Pump.fun regained control of its X account after a brief takeover by unknown attackers. Hackers briefly accessed the X page of the Solana meme launchpad, using the platform to promote scam meme tokens in a series of posts. Renowned blockchain investigator ZachXBT was the first to warn users about the breach, advising traders not to click any links or trade the meme tokens posted by the attackers. In one of the now-deleted posts, the hackers attempted to deceive investors into purchasing a fake Pump.fun governance token. The platform does not have a native token and only facilitates the quick creation…

Quick take: The company also established a new crypto-centric board, including ex-Kraken chief legal officer Marco Santori and Bjorn Wagner, ex-CEO of Polkadot developer Parity Technologies. Other new board appointments include George Ruan, cofounder and former CEO of Honey, as well as Matt Maloney, founder and former CEO of GrubHub. The company plans to use the fresh capital to expand its product offering into crypto with “Smart Cards”. Raise, a gift card startup founded in 2013 by George Bousis, has raised $63 million in a funding round led by Haun Ventures. The fundraising also attracted participation from Paper Ventures, Selini…

Bank of America, one of the largest financial institutions in the US, is planning to launch its own stablecoin, according to its CEO. In a new interview at the Economic Club of Washington, D.C., Bank of America CEO Brian Moynihan says they intend to launch a stablecoin once laws change to allow it, Fortune reports. Says Moynihan, “It’s pretty clear there’s going to be a stablecoin… If they make that legal, we will go into that business.” Laws allowing financial institutions like Bank of America to launch stablecoins are expected under pro-crypto US President Donald Trump, who took office in…

A known economist once again criticized the debt-fueled Bitcoin acquisition strategy of Michael Saylor’s Strategy Inc. despite the company’s decreasing share price. Leading economist Peter Schiff argued that Strategy Inc.’s decision to go on a buying spree of the firstborn cryptocurrency has led to shareholder dilution, reducing the premium on the firm’s BTC holdings. BTC Premium Down By 85% In a recent X post, Schiff gave his take on the Saylor-led company’s Bitcoin investment strategy while the firm’s share price and Net Asset Value (NAV) premium decreased. The prominent economist noted that Strategy Inc.’s stock has underperformed despite leveraging on…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…