Author: Yeek.io

Ethereum’s consolidation around $2.6k in February offered some hope for recovery On-chain metrics revealed that the altcoin’s sellers aren’t exhausted yet The Bybit hack saw $1.46 billion worth of Ethereum [ETH] siphoned out of a cold wallet. The exchange saw an unprecedented amount of withdrawals, but it has been able to process them smoothly. At the time of writing, ETH was down 2.64% in the last 24 hours. Source: X Crypto analyst RektProof noted a pattern emerging in a post on X. The range formation from Q1 2024 seemed to be still in play, and the recent events provided a…

Bitcoin appears to be on the verge of a major price movement, and data suggests that volatility could return in a big way. With Bitcoin’s price action stagnating over the past few weeks, let’s analyze the key indicators to understand the potential scale and direction of the upcoming move. Volatility A great place to start is Bitcoin Volatility, which tracks price action and volatility over time. By isolating the past year’s data and focusing on weekly volatility, we observe that Bitcoin’s price recently has been relatively flat, hovering in the $90,000 range. This prolonged sideways action has resulted in a…

Monad, a leading Layer 1 EVM blockchain, recently launched its Testnet on February 19th. This opens up a new avenue to explore opportunities for receiving Airdrops from the Monad Ecosystem. What is Monad? Monad is a new blockchain designed to be both fast and cheap, while still prioritizing decentralization. It’s built to work seamlessly with existing Ethereum tools, like smart contracts and wallets, by fully supporting the EVM. To achieve its high speed, Monad uses advanced techniques like parallel processing and an optimized database. Learn more: What is Monad? Monad, developed by Monad Labs, has attracted significant backing from prominent…

The cryptocurrency sector is a breeding ground for viral, community-driven projects, but the rise of racist meme coins has ignited debates about the limits of decentralization. This issue is gaining renewed attention after rapper Kanye West, who now goes by “Ye,” announced plans to launch a so-called “Swasticoin” in a series of controversial social media posts. West’s statements, which included antisemitic remarks about the Jewish community, mark a shift from his previous criticism of celebrity-backed coins that “prey” on fans. On Saturday, West seemingly changed his mind. “I’m going to open the CA [contract address] for my Swasticoin to Jewish…

Solana’s TVL fell below $10 billion due to the LIBRA rug pull and liquidity outflows Recovery to $10.3 billion still highlighted a nearly 30% decline since mid-January Solana’s [SOL] Total Value Locked recently hit a new low of $9.90 billion, marking an unfortunate milestone for the network. This bout of depreciation, largely attributed to the fallout from the LIBRA rug pull, has fueled concerns over the stability of Solana’s DeFi ecosystem. Although the same has recovered somewhat to hit $10.3 billion, this still represents a nearly 30% drop since mid-January. Needless to say, this has prompted questions about the network’s…

The NFT market has rebounded despite crypto price weakness, with Bitcoin dipping to $96,000 and Ethereum unable to break past $2,700, hovering around $2,600. As per the latest CoinMarketCap, the global crypto market cap has dropped to $3.18 trillion from last week’s $3.24 trillion. According to CryptoSlam data, NFT sales volume has grown to $152.9 million, marking a 19.60% increase from the previous week. The market has seen expanded participation across all metrics. The weekly data reveals growing market activity: NFT sales volume rose to $152.9 million from $112.7 million NFT buyers increased 64.53% to 335,666 NFT sellers grew 49.30%…

The crypto market is heating up as investors hunt for early-stage opportunities that could deliver 100x returns. With established giants like Bitcoin and Ethereum seeing slower growth, the real upside potential lies in presale projects that have yet to hit major exchanges. In previous cycles, some of the biggest gains came from presale tokens. As we enter the next bull market, three projects are standing out: The Last Dwarfs ($TLD), BTC Bull ($BTCBULL), and Dawgz AI ($DAWGZ AI). These presales could be among the most profitable investments of 2025. Let’s break down why they are gaining traction. The Last Dwarfs…

On-chain metrics revealed that exchanges have seen outflows of XRP worth $29.5 million Traders seemed to be over-leveraged at $2.52 on the lower side, and $2.63 on the upper side Despite market uncertainty, XRP has been projecting some strength on its price charts. In fact, it is now garnering significant attention from crypto enthusiasts due to its bullish price action. The timing here is interesting, especially since less than 24 hours ago, Bybit was hacked and $1.4 billion in cryptos drained. As expected, this triggered multi-million-dollar liquidations and a sharp market decline across the board.  XRP price momentum Like the…

Bybit, a popular crypto exchange, is reeling from the massive hack worth $1.5 billion in digital assets. According to reports, the hackers targeted the crypto exchange’s cold wallet, an offline storage system, to steal the exchange’s assets, primarily Ether. On-chain data reveals that the stolen funds were quickly transferred into different wallets and liquidated on several platforms. Ben Zhou, Bybit’s CEO, promptly addressed the hack and told users that the site’s other cold wallets are secure and withdrawals are processed “normally”.  As the company struggles with a surge in withdrawal requests, it received over 88,000 ETH (worth around $239 million)…

Este artículo también está disponible en español. According to CryptoQuant’s data, the long-awaited altcoin season may have officially arrived. The CEO of the crypto market company, Ki Young Ju, has pointed out a significant surge in altcoin volume on Centralised Exchanges (CEXs). Related Reading CryptoQuant CEO Says Altcoin Season Has Begun Presenting a detailed price chart of the volume ratio of Bitcoin versus altcoins on CEXs, Ju disclosed that altcoins have been seeing significantly higher trading volume than BTC. Unlike previous bull market cycles, Bitcoin Dominance (BTC.D) is no longer the sole factor in determining the start of the altcoin…