Author: Yeek.io

ENA tested critical support levels, with key resistance points at $0.60658 and $0.76939. Positive market sentiment was driven by increased network activity, Open Interest, and short liquidations. Ethena [ENA] has experienced significant growth in network activity, with new and active addresses surging over the past week.  At press time, ENA’s price was $0.4611, having surged by 10.16% in just 24 hours. This jump was accompanied by a 257.25% rise in its 24-hour trading volume, highlighting a growing demand for the asset.  ENA price action analysis – Key levels to watch Ethena’s price action showed that the coin had been in…

Kanye West, also known as Ye, is once again generating headlines, this time in the cryptocurrency space. The controversial musician and entrepreneur has announced the launch of his cryptocurrency, YZY, with the objective of creating a financial environment independent from traditional payment platforms. He initiated this course of action after numerous organizations severed their relationships with him due to prior scandals. A Bold Attempt At Financial Independence Since large corporations and banks are avoiding Kanye West, the YZY token is being promoted as a tool for Ye to take back control over his commercial activities. Ye will get 70% of…

Este artículo también está disponible en español. Crypto analyst Basic Trading has revealed that the Dogecoin price is confirming a final retest before a potential move to the upside. In line with this, he revealed price levels to watch for as DOGE eyes a bullish breakout.  Levels To Watch For As Dogecoin Price Confirms Final Retest In a TradingView post, Basic Trading highlighted $0.2, $0.5, and $5 as the levels to watch out for as the Dogecoin price confirms a final retest. This came as the analyst noted that market participants are about to witness a textbook ‘break and retest’…

If you’re looking for a Pepe price prediction, you’re probably wondering if it can match the hype of past meme coins.  I’ve seen tokens explode overnight, but few have real staying power.  That’s why I’m all in on Dawgz AI, the leading coin shaking up the crypto market with AI-powered trade bots designed for serious ROI.  While Pepe fights for a spot in the meme index, Dawgz AI is already capitalizing on Ethereum’s growth, offering next-level returns. So, is PEPE the next big thing? Maybe, but Dawgz AI is already winning the game. PEPE Coin Price History – A Volatile…

Homepage > News > Business > This Week in Crypto: The crypto lawsuits in limbo Argentina’s President Javier Miler controversial $LIBRA tweet This week, Argentina’s President Javier Milei is being accused of playing a crucial role in a ‘crypto’ rug pull. On February 14, the president tweeted about a project called $LIBRA, sharing details of the project, its website, and its contract number so that potential investors could locate the token and “support” the initiative. However, any “support” would have been extremely short-lived. Within 45 minutes of Milei’s tweet, the price of $LIBRA skyrocketed, peaking at $5.54 per token. The…

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…