Author: Yeek.io
Sam Bankman-Fried, the disgraced founder of FTX, posted on X for the first time in two years, triggering a 30% spike in the price of FTT, the exchange’s native token. In his Feb. 25 X post, Bankman-Fried joked about not having checked his email for hundreds of days, drawing a comparison to government employees facing layoffs. SBF was possibly referencing an email campaign from the U.S. Department of Government Efficiency that required federal employees to justify their roles. “Firing people is one of the hardest things to do in the world. It sucks for everyone involved,” he wrote, adding that…
Este artículo también está disponible en español. In its recent analysis, market intelligence firm Messari has provided a comprehensive overview of the NEAR Protocol’s performance in Q4 2024. Despite facing headwinds in the broader crypto market, NEAR has demonstrated notable resilience through increased activity and strategic developments. Drop In Market Cap Ranking But Resilience Through Increased Activity During Q4, NEAR Protocol initially surged, reaching a token price high of approximately $8.19 in December before retracing to around $4.91 by the quarter’s end. This decline reflected a significant drop in market cap, which fell to approximately $5.73 billion—marking a 2.09% decrease…
The cryptocurrency exchange and Web3 company, Bitget has made crypto education one of its highest priorities. In May 2023, Bitget launched its Blockchain4Youth initiative to get the next generation to embrace blockchain. Building upon this, the firm has now launched its first Bitget Graduate Programme, designed to recruit and cultivate the next generation of blockchain and web3 talent from top universities. As part of its Blockchain4Youth Corporate Social Responsibility (CSR) initiative, this Bitget programme aligns with the company’s plans of driving education, innovation, and long-term growth in the blockchain industry. It seeks outstanding graduates with a global mindset, a passion for…
The Securities and Exchange Commission (SEC) closed its investigation into Robinhood Crypto (RHC) without pursuing enforcement actions. This move comes amid the Commission’s efforts to move away from its previous “regulation by enforcement” approach under the new industry-friendly administration. SEC Closes Robinhood Crypto Investigation On Monday, Robinhood announced that the US SEC’s Enforcement Division had closed its 9-month investigation into its crypto arm without taking any enforcement measures. In May 2024, the Commission’s staff issued a Wells Notice to Robinhood, indicating that they would recommend the SEC file an enforcement action for allegedly violating securities law with its US crypto…
Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE tested $0.2050 is now consolidating below the $0.2250 resistance. DOGE price started a fresh decline below the $0.260 and $0.250 levels. The price is trading below the $0.2380 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.2180 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a recovery if it clears the $0.2180 and $0.2200 resistance levels. Dogecoin Price Dips Over 5% Dogecoin price started a fresh decline below…
The cryptocurrency market is no stranger to volatility, and Solana (SOL) has recently felt the sting of a notable price sink. As investors and enthusiasts scramble to make sense of the latest downturn, questions abound: What’s driving this dip, and where is Solana headed next? In this analysis, we’ll dive into the factors influencing Solana’s recent price movements, explore market trends, and offer insights into what might lie ahead for this high-speed blockchain contender. Whether you’re a seasoned trader or a curious observer, here’s what you need to know about Solana’s next potential steps. About Solana Solana is a high-performance…
Ethereum’s retail short position rising as longs decline amid rising OI signaled retail investors are bearish. Binance is dumping massive amounts of ETH and other cryptos despite the MACD confirming a bullish crossover. The percentage of retail short positions for Ethereum [ETH] has been rising, while that of long positions is declining. The Short Ratio has climbed above 30%, while the Long Ratio has dropped below 75%. This shift is accompanied by increasing Open Interest (OI), suggesting retail investors are betting against Ethereum. As of press time, ETH’s price has risen above $2,775, but if this bearish sentiment prevails, a…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…
Este artículo también está disponible en español. On-chain data shows a Bitcoin indicator is currently retesting a level that has historically acted as a boundary line between bearish and bullish momentum. Bitcoin Short-Term Holder SOPR Is Retesting 1.0 Right Now In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in the BTC Spent Output Profit Ratio (SOPR) of the short-term holders. Related Reading The “SOPR” here refers to an on-chain indicator that tells us about whether the Bitcoin investors as a whole are selling or transferring their coins at a profit or…
Best AI Crypto to Invest in? We’ve got our eyes on Dawgz AI, and trust us – you don’t want to miss out. We’ve been in the crypto game long enough to know when a project has real potential, and this one’s packing serious heat. Dawgz AI isn’t just another coin; it’s a high-powered trading machine loaded with smart trade bots that know how to play the market like a pro. If you’re looking for insane ROI before the next big boom, this is your shot. Don’t sit on the sidelines – grab your stake before Dawgz AI takes off.…