Author: Yeek.io

Este artículo también está disponible en español. A Bitcoin on-chain level has historically served as the boundary for bear markets. Here’s how far the asset’s price is currently from this line. Bitcoin Is Above Realized Price Of All Major Cohorts Right Now In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed where the Realized Price currently stands for some of the important Bitcoin investor groups. The “Realized Price” here refers to an on-chain indicator that keeps track of the cost basis of the average investor on the BTC network. When the spot price is…

Monad is revolutionizing blockchain with rapid growth in NFTs, DeFi projects, and its public testnet launch, offering speed, scalability, and EVM compatibility. Monad Public Testnet Launch The Layer 1 is taking a major step forward with the launch of its public testnet on February 19! This marks a significant milestone following the completion of its closed testnet phase at the end of 2024. The public testnet gives developers and users an opportunity to experience Monad’s features ahead of its official mainnet launch, planned for late 2025. A gas limit of 300M gas/s, which is anticipated to achieve a throughput of…

DePIN Union established an important collaboration with Stratos Network to develop decentralized AI and Web3 platform infrastructure. Stratos Network proves its position as a market leader for decentralized storage and blockchain services as it introduces its fast data mesh technology to this collaboration. Through this strategic collaboration, Stratos Network works toward changing how Web3 functions by cutting out dependence on centralized operations. 🚀 DePIN Union x Stratos: Powering Decentralized AI & Web3 Infrastructure!Thrilled to announce our partnership with @Stratos_Network, a decentralized infrastructure provider offering storage, computing, database, and blockchain services for AI & #DePIN applications. Stratos is… pic.twitter.com/w2eDaq3bUW— DePIN Union…

A recent technical analysis of Dogecoin’s price chart on the weekly candlestick timeframe has revealed a compelling outlook for the meme coin’s long-term trajectory. According to the analyst, Dogecoin is currently the only meme coin capable of delivering a 5-10x return. The prediction is rooted in the analysis of Dogecoin price action using the Elliott Wave theory, with a detailed count of impulse waves indicating that the meme coin is currently in a significant macro uptrend phase. Dogecoin’s Fifth Impulse Wave And Its Sub-Wave Structure This Elliott Waves technical analysis, which was noted on social media platform X by crypto…

Este artículo también está disponible en español. Ether supply on exchanges is now at a 9-year low: specifically 18.95 million ETH as of February 18, at the time of writing. This suggests investors are now moving $ETH into cold storage, presumably for long-term HODLing purposes. If the ecosystem is overall looking to hold, rather than trade Ether, the historic all-time lows supply significantly increases the odds of ‘supply shock’ occurring, which would inevitably power an $ETH bull run and skyrocket the price. Basic economics dictate that a supply shock happens when the demand of an asset exceeds the supply, creating…

The Ethereum Foundation has announced the launch of a new framework aimed at simplifying cross-chain asset transfers across the Ethereum ecosystem. Ethereum (ETH) developers introduced the Open Intents Framework alongside major layer-2 networks, wallets, and infrastructure providers. The initiative is designed as a public good to standardize cross-chain transfers. As an ecosystem-wide interoperability effort, the Open Intents Framework provides a modular infrastructure platform that developers across different chains can integrate to offer users a seamless cross-chain transaction experience. With Ethereum evolving into a multi-chain ecosystem, intents play a critical role in enhancing user interactions. Their adoption allows users to access…

Are you excited to invest in SUI? Is SUI a good investment at the moment? For a clear view, it is essential to analyze the SUI price action in the crypto market. But, many market participants don’t know where to begin the analysis process. No worries. Dive in with us to analyze the last 24 hours of SUI price movement on the daily chart.  SUI Price Analysis For the Past 24 Hours On February 18, SUI trading day experienced a dynamic price action, demonstrating a strong downward trajectory. At 05:10 UTC, the SUI price broke the support at $3.1507, breached…

The US-based stock exchange Nasdaq has proposed introducing new listing and trading rules for digital asset-based investment products. Notably, the proposal focuses on reclassifying the listing and trading of the Hashdex Nasdaq Crypto Index US ETF. What’s Nasdaq Rule 5712? In a recent filing, Nasdaq, the prominent US-based stock exchange, proposed to introduce new rules, called the Nasdaq Rule 5712. The proposal intends to allow the listing and trading of digital asset-based investment interests. Notably, these interests encompass securities issued by entities holding digital assets, as well as investment products derived from commodities, cash, derivatives, or other sources. Significantly, the…

DOT approaches the crucial $3.74 support, with a potential reversal if it holds strong. Rising social volume and Open Interest indicate growing investor attention and optimism for a bounce. Polkadot [DOT] is currently facing a pivotal moment in its price action, approaching the critical $3.74 support level, which could determine its next major price move. At press time, Polkadot was trading at $4.78, reflecting a 1.59% increase.  The cryptocurrency has recently faced downward pressure, which has brought it closer to key support zones. However, the real question is whether $3.74 will act as a strong enough support to fuel a…

Dogecoin (DOGE)  is once again making waves in the crypto market. This time, it’s due to a fascinating technical pattern forming on its price chart: a symmetrical expanding triangle. Known for signaling periods of heightened volatility and potential breakout opportunities, this pattern has traders and investors on the edge of their seats, wondering what’s next for DOGE. The symmetrical expanding triangle is a rare and dynamic formation, marked by its widening price range and converging trendlines. For Dogecoin, this pattern reflects a tug-of-war between bulls and bears, with neither side gaining a clear upper hand yet. As the triangle continues…