Author: Yeek.io

Bitcoin is trading below the $100,000 mark, with bulls unable to reclaim this key level for over three weeks. The price has remained above critical demand zones, but market uncertainty and volatility continue to weigh on sentiment. Investors are growing impatient, as BTC’s price action has remained indecisive, fluctuating between attempts to break above supply and risks of a deeper correction. Crucial data from Glassnode reveals that Bitcoin’s Short-Term Holder Spent Output Profit Ratio (STH-SOPR) on a 7-day Simple Moving Average (SMA) is once again testing the breakeven level at 1.0. This indicator measures whether short-term holders are selling at…

Este artículo también está disponible en español. Robert Kiyosaki, a popular author and Bitcoin supporter, is back in the headlines after claiming that Bitcoin can hit $13 million. The author of “Rich Dad Poor Dad” made his prediction after Strategy’s Michael Saylor’s podcast interview last November made the rounds online. Related Reading In a podcast last November, podcaster Patrick Bet-David offered a hypothetical question on price action and market cap for Bitcoin. He said that if adoption increases from 0.1% to 7%, reflecting a 700x price surge, can Bitcoin also hit $13 million from its current $90k pricing? Saylor agreed…

Binance founder Changpeng Zhao (CZ) has revealed the breakdown of his crypto investment portfolio, showing one asset is by far his largest holding. According to a new post on Binance Square, 98.48% of Zhao’s crypto portfolio is in BNB, the native asset of Binance. His portfolio also consists of 1.32% Bitcoin (BTC) as well as two stablecoins, 0.17% EURI and 0.03% USDT. Zhao revealed his portfolio using Binance Square’s new feature that allows users to share their trading portfolio. “Binance Square is enhancing transparency with its latest feature, Trader Profile, enabling users to publicly share their crypto portfolio allocation. Binance…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Chainlink eyes a breakout, XYZVerse is making waves with an $8m presale raise and ambitious growth targets. Chainlink (LINK), an established cryptocurrency, is edging toward a potential breakout after a period of consolidation. On the other hand, XYZVerse (XYZ), a new entrant, is shaking up the market with a significant presale funding achievement. This article explores these pivotal moments that could influence the digital asset landscape. XYZ aims for 99,900% growth and G.O.A.T. status XYZVerse is transforming the…

What Happens When Options Expire?Options expiry often leads to increased price swings. Traders monitor these expirations to gauge potential market trends. The put-to-call ratio and max pain levels give insights into possible price directions.Breakdown of Expiring Bitcoin and Ethereum ContractsCryptocurrencyNumber of ContractsNotional ValuePut-to-Call RatioMax Pain PointBitcoin (BTC)16,561$1.62 billion0.76$98,000Ethereum (ETH)153,608$421.97 million0.48$2,700A put-to-call ratio below 1 means there are more call options (buy contracts) than put options (sell contracts). This suggests that traders are betting on higher prices for BTC and ETH.Bitcoin and Ethereum Price ActionAt the moment, Bitcoin is trading at $98,215, up 1.12% since Friday’s market open. Ethereum is at…

Soneium, an Ethereum layer 2 chain, is quickly gaining traction in DeFi following its January launch. DefiLlama data shows that the total value locked (TVL) on Soneium’s two dozen decentralized applications (dapps) crossed $45 million on Monday.  The layer 2 chain is a product of Sony Block Solutions Labs, a joint venture between Sony Group and Web3 infrastructure provider Startale. The network launched in January following several months of successful testing, during which it handled over 15 million active users and 45 million transactions.  On Sunday, Soneium’s newly launched mainnet was used by a record 258,000 wallets, while the transaction…

Dogecoin’s key metrics have sharply declined, signaling weakening market momentum After a 13% drop in price over the past week, DOGE’s immediate future remains uncertain The Dogecoin [DOGE] network is facing a significant slowdown, with key metrics showing notable drops. These declines coincide with a 13% loss in value over the past week, raising concerns about its future. As network activity plummets to its lowest levels since October 2024, many are questioning whether this is a temporary setback or the start of a prolonged downturn for DOGE. The recent shift in market dynamics has left investors wondering what lies ahead…

Journalist Posted: February 24, 2025 Maker has a bearish swing structure on the weekly chart. The swift rise in active addresses and network growth might not be enough to sustain the price bounce. Maker [MKR] saw a 60% higher from the 16th of February, spurred by increased demand and a lower timeframe momentum shift. On the 20th of February, a series of posts on X (formerly Twitter) from Whale Alert showed that $156.77 million worth of MKR was burned from an unknown wallet in eight transactions. Source: Santiment Traders anticipated that this reduction in supply would increase the price of…

Bitcoin is holding above the crucial $95,700 level, a key demand zone that bears have repeatedly failed to break. This level has provided strong support, preventing further downside despite ongoing uncertainty in the market. However, investor sentiment is starting to shift as frustration grows over Bitcoin’s slow movement. Many expected a smoother bull run, yet BTC continues to consolidate within a tight range below the $100K mark. Market fatigue is evident as both bulls and bears struggle to gain control, leading to reduced volatility. Meanwhile, fresh data from CryptoQuant reveals that the Bitcoin Futures Estimated Leverage Ratio has shown only…

Este artículo también está disponible en español. Analysts are currently leaning towards a further breakdown in the Bitcoin price, as market volatility has positioned the pioneer cryptocurrency in a tight consolidation zone. Crypto expert Hamed_AZ on TradingView has shared a bullish and bearish outlook for the Bitcoin price. However, the analyst highlights that a crash of $85,000 is more likely.  According to Hames_AZ, the Bitcoin price is set to decline further, possibly reaching new lows at $85,000. The analyst revealed that the cryptocurrency continues to trade sideways, failing to break out of its present consolidation zone. Bitcoin Price Set To…