Author: Yeek.io

XRP is establishing new trading patterns against Bitcoin, and traders are closely monitoring a potential shift in market dynamics. XRP has exhibited remarkable strength over a lengthier timeframe, with a 31% gain against Bitcoin during the past month, despite a 15% decline in the past week. Analysts are in disagreement as to what may occur next, as the altcoin’s short-term weakness and long-term strength show opposing figures. Unprecedented Consolidation Pattern Emerges EGRAG, a market analyst, has identified a previously unseen development in the relationship between XRP and Bitcoin. The current pattern indicates consolidation at historically elevated levels, in contrast to…

Matrixport sees growing risk of deeper decline as Bitcoin slips below key pattern amid low trading activity. Bitcoin (BTC) broke out of an ascending broadening wedge, a typically bearish pattern, with a 6.78% drop that pushed its price down to $87,630 as of press time. In an X post on Feb. 25, Matrixport analysts warn the slippage could lead to further declines, especially with low trading activity limiting demand for dip-buying. “The likelihood of a deeper decline is increasing, particularly since this break is occurring during a period of low trading activity, which may result in limited demand to buy…

Binance will list RED (RedStone) for pre-market trading, allowing users to trade RED before its official launch, at 10:00 February 28 (UTC).$RED Token DetailsToken Name: RedStone (RED)Blockchain: Ethereum Contract: 0xc43c6bfeda065fe2c4c11765bf838789bd0bb5deTotal Supply: 1,000,000,000 RED Circulating Supply: 280,000,000 RED (28% of total supply)Token AllocationSource: RedStoneLaunchpool DetailsToken Rewards: 40,000,000 RED (4% of total supply)Hourly Hard Cap per User: 66,666 RED in BNB pool8,333 RED in FDUSD pool8,333 RED in USDC poolFarming Accumulation:Period: February 26 00:00 – February 27 23:59 (UTC)Total Daily Rewards: 20,000,000 REDBNB Pool Daily Rewards: 16,000,000 REDFDUSD Pool Daily Rewards: 2,000,000 REDUSDC Pool Daily Rewards: 2,000,000 REDTrading pair RED/USDT will be available for trading…

Bithumb, one of South Korea’s leading crypto exchanges, is set to add Ethena to its Korean Won market today. According to Bithumb’s official announcement, trading for Ethena (ENA) will begin at 6:00 PM KST on Tuesday, Feb. 25, 2025. Deposits and withdrawals will open within three hours of the notice, but only on the Ethereum network. Ethena will have an initial price of 536 krw, and traders must wait for 33 deposit confirmations before transactions can be processed. Bithumb has also put some temporary restrictions in place for the launch. Buyers won’t be able to place orders in the first…

Shiba Inu’s massive token burn surge aims to reduce supply, but the price remains under pressure On-chain signals and liquidation heatmap revealed bearish sentiment, signaling potential further price declines Shiba Inu [SHIB] is in the news again after a massive 2532.14% hike in token burns over the last 24 hours – An encouraging move for its community. At press time, the price of SHIB stood at $0.00001469, underlining a 6.16% fall in the last 24 hours.  This surge in burn activity highlighted the efforts to reduce circulating supply, which could eventually lead to upward price pressure. And yet, despite this impressive…

밈인덱스(Meme Index, $MEMEX)가 밈코인에 투자하기 위한 보다 안전한 방법을 찾는 투자자들을 끌어들이면서 프리세일 모금액 400만 달러에 가까워지고 있다. 한편, 미국인 래퍼 예(Ye, 구 명칭 칸예 웨스트)가 밈코인 출시 예고와 그 사실에 대한 부정을 번복하며 암호화폐 업계에 혼란을 증폭시키고 있다. 그 외에도, 이 또한 출시된다면 또 다른 러그풀이 될 수 있다는 우려를 낳았다. 유명 인사들이 계속해서 자신의 영향력을 빠른 수익을 얻는 데 악용하면서, 투자자들의 실망감은 점점 더 쌓여가고 있으며 밈코인 부문의 진위성에 대해 의문을 들도록 한다. 밈인덱스는 폭넓은 토큰 바스켓으로 위험을 분산함으로써 그러한 사기로부터 보호하고, 투자자들이 어떤 밈코인이 자신의 인덱스 안에 포함시킬지를 선택할 수 있도록 한다. 이러한 인덱스에 대한 접근은 $MEMEX…

The SOPR metric, measuring if STHs are selling at profit, remains below the worrying 1.0 point. This would mean that a majority of the traders are offloading their BTC at a loss. So long as the SOPR remains low, selling pressure is likely to increase and create additional losses.Despite the decline of Bitcoin by 8% over the last 24 hours, exchange data shows no massive outflows. Exchanges have lost just 157 BTC, which is worth around $14 million, which means panic selling has not yet begun. This shows that investors may be waiting on their investments, expecting a potential turnaround.Bitcoin…

Which crypto has 1000x potential? If you’re hunting for the next big breakout, look no further than Dawgz AI, the meme coin that’s more than just hype. I’ve seen coins explode overnight, but few combine AI-powered trading, staking rewards, and real utility like this one. With automated trade bots running 24/7 and a presale already soaring past $1.8 million, Dawgz AI isn’t just another trend, it’s a serious contender for massive gains. If you missed the early days of Solana or Dogecoin, this could be your second chance. The question is, will you jump in before the next price surge?What Makes a Crypto 1000x?Not all…

Homepage > News > Business > ‘Next Generation’ Atomic Swaps for better DeFi apps Next-Generation Atomic Swaps could “redefine NFT tokens on Bitcoin” and enable many DeFi-related use cases, says nChain Research Director Wei Zhang. In a blog post published this week, Zhang detailed a process that uses linked chains of transactions with Zero-Knowledge Proofs (ZKPs) to record an asset’s ownership history. Zhang and his nChain colleague Federico Barbacovi have already demonstrated the technique on the BSV TestNet. They are inviting any potential collaborators or partners to examine its findings once they publish the code. Zhang sees non-fungible tokens (NFTs)…

Journalist Posted: February 25, 2025 Massive liquidity outflows from POL in the past 24 hours could steer a price decline. On the chart, POL could drop to its February low. Polygon [POL] has had a bearish performance across multiple market periods. In the past month, it recorded a 34% price drop, which has extended into the past week, along with a 4.53% decline in the past 24 hours. AMBCrypto’s analysis shows that the fall is likely to intensify as major market metrics have turned bearish, particularly as more liquidity moves out of the asset. Massive liquidity outflow puts 99% of…