Author: Yeek.io

  ADA’s traders were over-leveraged at $0.634 on the lower side and at $0.708 on the upper side. On-chain metrics revealed that exchanges have witnessed an outflow of over $8 million worth of ADA tokens. Cardano [ADA]  is garnering attention from crypto enthusiasts due to its significant price drop in the past 24 hours. With a 13% decline, ADA has reached a crucial level where trader and investor participation has surged, leading to a notable increase in trading volume. ADA’s current price momentum  At press time, ADA was trading near $0.665. It has seen a 90% surge in trading volume…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As major cryptos face pressure, Codename:Pepe emerges as a bold contender, blending AI-driven insights with meme culture to shake up the market. Today’s crypto scene sees major shifts. Key players like Solana are facing downturns, while XRP is under pressure. The situation gets more intense with the Bybit hack shaking confidence among investors. Amid this chaos, an unexpected contender is rising quickly. A new project, known by its cryptic moniker Codename:Pepe, is capturing attention with its promising presale reaching…

What is DePIN?DePIN refers to infrastructure networks built and managed using decentralized principles. Instead of one company or government controlling and maintaining assets, DePIN uses blockchain networks to decentralize ownership and responsibilities among numerous participants. Such networks are pivotal to Web3 infrastructure in the future, where decentralization is not only restricted to digital assets but also real-world utilities.Some key characteristics of DePIN include:Decentralized Ownership: Infrastructure assets are owned and operated by a distributed network of participants.Crypto Incentives: Users and operators earn crypto rewards for contributing resources or maintaining the network.Transparency: Blockchain networks ensure that all transactions and activities within the…

As global cryptocurrency regulations tighten, cloud mining platforms are gradually becoming compliant, offering investors safer and more transparent mining opportunities. In 2025, Bitcoin’s upcoming halving event will reduce its supply, increasing its scarcity and value, further enhancing the profitability of mining.By choosing a compliant platform for cloud mining, investors not only avoid legal risks and opaque operations but also benefit from advanced technology and green energy solutions, allowing them to maintain efficient mining performance and achieve stable, sustainable profits in a competitive market.Quick Overview of Compliant PlatformsWith so many Bitcoin cloud mining platforms available, choosing a compliant and efficient one…

Florida’s Strategic Bitcoin Reserve (SBR) bill could put the cryptocurrency on the state’s balance sheet—while also potentially reshaping the Republican Party’s stance. The bill, officially known as “SB 550: Investments of Public Funds in Bitcoin,” has gained momentum in Tallahassee and drawn national attention thanks to a high-profile advocate in the Florida Senate. Florida’s Bitcoin Bill Could Reshape The GOP Forever In early February, Florida Senator Joe Gruters introduced SB 550 with the aim of allowing the state’s Chief Financial Officer (CFO) to invest public funds—including the General Revenue Fund, the Budget Stabilization Fund, and various trust funds—in BTC. The…

Este artículo también está disponible en español. The Bitcoin price has fallen more than -8.8% since Friday when Bybit suffered the biggest crypto hack in history. The flagship digital asset reached a peak of $99,493 late last week, only to retreat to roughly $91,500 at press time, marking a -5.5% decline since Monday. This downturn not only shatters Bitcoin’s attempt to hold above $95,000 but also places it on the verge of losing its critical 97-day trading range between $91,000 and $102,000. Notably, Bitcoin’s price has broken below the descending trend channel that has been in play since January 20.…

XRP, often associated with streamlined cross-border transactions, aims to complement or even rival more established cryptocurrencies by improving speed and reducing transaction fees.This guide provides a comprehensive look at buying XRP, from understanding the coin’s fundamentals to navigating the purchase process and selecting the best platform. Whether you’re a beginner or looking to expand your holdings, this resource will help you approach XRP with confidence.How to buy XRP: Step-by-stepStep 1: Choose Your ExchangeBefore you begin, learn how to invest in XRP by exploring which trading platform best suits your needs. Look for a cryptocurrency exchange that supports XRP pairs (like…

Homepage > News > Business > Nigeria slaps Binance with $81.5 billion lawsuit Nigeria has filed a new lawsuit against Binance, demanding $81.5 billion from the global digital asset exchange for economic losses and back taxes. Nigerian authorities and Binance have been embroiled in a legal battle for the past year, with the exchange accused of economic sabotage, facilitating money laundering, evading taxes, operating without a license and crashing the naira. The clash seemed to have cooled down considerably since the end of 2024, but as Reuters reports, Nigerian authorities are now demanding $79.5 billion in fines for Binance allegedly…

Journalist Posted: February 25, 2025 More than $2 Billion ETH shorts will be liquidated if the Ethereum price pumps to $3,000. Ethereum is days away from printing a similar BTC monthly Hammer candle that preceded a parabolic rally. Ethereum’s [ETH] Exchange Liquidation Map indicated massive accumulation of short positions, with potential liquidations approaching $2 billion if ETH’s price reaches $3,000. As of press time, ETH was trading at $2,479.30. The increase in cumulative short liquidation leverage suggested high bearish speculation within this price range. If ETH’s price surges to $3,000, liquidating these short positions could create a short squeeze. This…

Solana has suffered a sharp decline, dropping to its lowest level since November as selling pressure keeps mounting ahead of a major token unlock. As of the time of writing, Solana (SOL) is sitting at $135 mark, down by 15% in just one day. On the weekly and monthly timeframes, it has declined by 17% and 56% respectively, according to crypto.news. This marks Solana’s lowest price since mid-October. The price crash comes despite growing institutional interest in SOL, with asset managers like Franklin Templeton and VanEck recently filing for Solana exchange-traded funds. This downturn in Solana’s price can be tied…