Author: Yeek.io
Journalist Posted: February 26, 2025 Trump’s tariff plans triggered a sharp sell-off, causing double-digit losses. Despite volatility, ETF inflows and institutional interest signal long-term recovery. The crypto market took a sharp hit on the 25th of February after President Donald Trump announced plans to reinstate tariffs on Canada and Mexico once the current 30-day suspension ends next week. This triggered a market-wide sell-off, with several cryptocurrencies facing double-digit losses. However, the latest data from CoinMarketCap suggests a potential recovery. As of the most recent update, the global crypto market cap was at $2.93 trillion, reflecting a modest 0.8% appreciation in…
Shares of Strategy (NASDAQ: MSTR) have dropped by over 55% from the November 24 high at $543 to around $250. With the software intelligence firm now holding approximately 499,096 Bitcoin—worth around $44 billion at current prices—market participants are wondering whether the company could ever face a forced liquidation of its massive Bitcoin treasury. On Tuesday, analysts from The Kobeissi Letter (@KobeissiLetter) took to X to provide a comprehensive thread analyzing this scenario. Here’s what they had to say: “The MicroStrategy liquidation: As MicroStrategy, MSTR, falls over -55%, many are asking about ‘forced liquidation.’ The company now holds $44 BILLION worth…
Zito Realty, a Florida-based real estate company led by film producer James J. Zito, now accepts Pi Coin for property transactions. This makes it the second cryptocurrency, after Bitcoin, to be used in real estate deals by the firm. Zito, an early Pi miner, has long supported the idea of bringing digital currencies into everyday use.Beyond real estate, Pi Coin is now a payment option for car purchases. Cube Motor, a Florida-based car dealership, has started accepting the cryptocurrency. The company has also been listed on Pi Network’s ‘Map of Pi,’ a directory of businesses that use Pi Coin. This…
Ethereum price has declined for three consecutive days, forming a death cross pattern and risking a drop to $1,500. Ethereum (ETH) fell to $2,430 on Wednesday, down more than 40% from its highest level in November. The coin has dropped and underperformed Bitcoin (BTC) and other major altcoins as exchange-traded fund inflows slowed and challenges within the ecosystem persisted. Data from TokenTerminal shows that the fees generated by Ethereum have continued to decline in recent months. The network earned $9.8 million last week, significantly lower than last year’s weekly high of over $217 million. Networks such as Tron (TRX), Jito…
Best AI Crypto isn’t just about innovation, it’s about game-changing technology, and Dawgz AI is leading the charge. I’ve explored countless AI-driven blockchain projects, but nothing comes close to what Dawgz AI is building. With its powerful trade bots designed to help you “mess around and get a triple-double” on your ROI, this project is redefining how AI and blockchain work together. Running on Ethereum’s smart contract ecosystem, Dawgz AI delivers efficiency, automation, and profitability like never before.If you’re searching for the Best AI Crypto with real utility and massive potential, you just found it.AI-Powered Trading and Market Trends: The Key to Maximum…
Homepage > News > Business > How $LIBRA, memecoins unmask a broken crypto market The $LIBRA scandal: How meme token launches are becoming the new ICOs Last week, an event took place that, in my opinion, delegitimizes what was shaping up to be the latest trend in this crypto cycle: tokens endorsed by public figures or celebrities. This trend came crashing down when Javier Milei, the president of Argentina, was accused of facilitating fraud via a token called $LIBRA. What was marketed as a project raising funds to make real-world investments turned out to be a pump-and-dump scheme, leaving 86%…
Dogecoin’s network activity has dropped 95%, and its price struggles to maintain momentum. Declining transaction counts, MVRV ratio, and negative sentiment suggest limited recovery potential for DOGE. Dogecoin [DOGE] has seen a sharp 95% drop in its network activity, with active addresses plummeting from 2.66 million in November 2024 to just 130,282 at press time. Dogecoin’s price was $0.2101 at this time, showing a modest 2.42% increase in the last 24 hours. This steep decline in activity could suggest that Dogecoin struggled to maintain momentum amidst broader market challenges. What does price action say about Dogecoin’s future? AMBCrypto’s look at…
Grayscale files Form 19b-4 with NASDAQ for a Polkadot ETF, expanding single-asset crypto offerings. Bloomberg’s analysts suggest Polkadot and Hedera currently hold a “maybe” approval status. Grayscale has officially submitted a Form 19b-4 filing with NASDAQ to launch the Grayscale Polkadot Trust. It is expanding its crypto investment offerings for institutional investors to gain exposure to the Polkadot [DOT] ecosystem. This application follows Grayscale’s expansion into altcoin ETFs, with similar filings for Solana [SOL], Litecoin [LTC], XRP, Dogecoin [DOGE], and Cardano [ADA]. The filing is now subject to review by the U.S. Securities and Exchange Commission (SEC), which has 45…
Binance plans to launch a new security feature to help users detect SMS phishing scams. Binance plans to introduce a new security feature aimed at helping users identify SMS phishing scams. The decision comes in response to growing concerns over SMS phishing fraud, highlighted by a recent phishing attack targeting a Web3 enthusiast Joe Zhou. The company has not yet provided details on how the feature will work. Zhou fell victim to an SMS phishing scam that appeared to originate from Binance. The message falsely claimed that his account was being accessed from North Korea. The scammer, who posed as…
Richard Teng, Binance’s CEO, firmly believes that the current crypto dump won’t last long. Referencing crypto’s historical performance, Teng said that, just like traditional assets, crypto reacts to changes in the outside world, but it also bounces back. In anticipation, we highlight four top new crypto tokens to buy now. Crypto Always Rebounds ‘It’s important to view this as a tactical retreat, not a reversal. Crypto has been here before and bounced back even stronger.’ – Richard Teng said on X Another piece of positive speculation from Teng is that the Fed could very quickly change its stance on rate…