Author: Yeek.io

Singapore-based blockchain platform DigiFT is set to tokenize a $6.3 billion private credit fund managed by Invesco, marking a major step in bridging traditional finance with blockchain technology.  The move permits institutional investors to buy tokenized shares of the fund with U.S. dollars or stablecoins like as (USDC) USDC and USDT (USDT), according to Bloomberg. The Invesco private credit fund primarily invests in senior secured loans and has delivered a 4.5% annual net yield since its inception in 2006, DigiFT CEO Henry Zhang said. Unlike most tokenized private credit funds, which have long redemption cycles, this fund will offer daily…

Sonic broke out from an inverse head-and-shoulders pattern, with a 35% rise potential. On-chain signals showed mixed results, but sentiment improved, supporting a bullish outlook. Sonic [S] is experiencing a notable rally, trading at $0.5957, at press time, with a 9.58% increase over the last 24 hours. The cryptocurrency recently broke out of an inverse head-and-shoulders pattern, signaling the potential for further gains. This technical formation has historically signaled strong bullish momentum, and Sonic’s price could rise by 35%, reaching $0.80. However, with key resistance levels ahead, the real question is whether Sonic can maintain this upward momentum or face…

Este artículo también está disponible en español. According to recent data from CryptoQuant, Ethereum (ETH) reserves on centralized cryptocurrency exchanges have dropped to a nine-year low. Experts suggest that this dwindling ETH supply could indicate an impending ‘supply shock,’ potentially fuelling a significant rally in the cryptocurrency. Ethereum Reserves At 9-Year Low Ethereum, the second-largest cryptocurrency by market cap, continues to trade within the mid-$2,000 range, sitting at $2,721 at the time of writing. Unlike Bitcoin (BTC), ETH has had a relatively quiet 2024, struggling to break past its all-time high (ATH) of $4,878, recorded in November 2021. Related Reading…

Bitcoin price started another decline below the $96,200 zone. BTC is retesting the $95,000 support zone and might struggle to recover losses. Bitcoin started a fresh decline from the $97,500 zone. The price is trading below $96,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $96,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,000 zone. Bitcoin Price Dips Further Bitcoin price failed to clear the $98,500 and $98,000 resistance levels. BTC formed a top…

In recent days, the NFT market has faced a dramatic decline in NFT values. This is partly due to the general trend of the crypto market, but there is another factor. NFT Market current issue: Opensea The recovering cryptocurrency market, particularly exemplified by the performance of the Kaito Genesis NFT Collection and Pudgy Penguins over the past week, experienced a disruption following the announcement of the Opensea Airdrop. Specifically, the program enables users to accumulate Opensea XP, which functions as a metric for the subsequent distribution of $SEA airdrop tokens. Learn more: What is Opensea? To earn OpenSea XP (Experience…

  LIBRA crash renews debate over pump-and-dump schemes in crypto markets. Javier Milei denies wrongdoing, dismisses most affected investors as bots amid legal scrutiny. The LIBRA memecoin scandal continues to unfold, with new controversies surfacing daily. Argentina’s President, Javier Milei, is now at the center of the storm after being accused of endorsing the cryptocurrency before its rapid collapse. While Milei has denied promoting the token, the fallout has been severe, with investors facing heavy losses and the president now battling fraud lawsuits and impeachment calls. Milei’s defense As scrutiny intensifies, the incident raises critical questions about political influence in…

Journalist Posted: February 19, 2025 HBAR is likely to fall another 13% over the next few days. A short-term price bounce alongside BTC was possible in the next 24 hours. Hedera [HBAR] has shed 7.9% in 24 hours, and its daily trading volume has increased by 20%. This showed increased selling pressure on the token as the local support level gave way. Source: Coinglass The Long/Short Ratio by Taker Buy/Sell Volume showed that 56.5% of the taker volume was sellers’. This showed strong bearish sentiment over the past 24 hours and came alongside a retest of $0.223 as resistance. HBAR…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI, a new altcoin at $0.006, is gaining traction for its potential to replicate Binance Coin’s rise. Binance Coin (BNB) has grown from a low-cost exchange token to one of the most valuable cryptocurrencies, leaving many investors wishing they had bought in early. However, opportunities for high-growth still exist. Lightchain AI, currently priced at $0.006, is gaining significant attention for its blend of AI and blockchain technology. With strong market interest and a growing presale, it could be…

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…

While most traders might focus on the blue-chip cryptos—Bitcoin, Ethereum, Solana—the real action is happening elsewhere. In this article, we’re showcasing three hidden gems set to be this year’s hottest cryptos, each pushing the boundaries of innovation and holding plenty of bullish potential. Here’s a look at the projects that could soon become the market’s next big thing. The Three Hottest Crypto Gems Right Now: Bitcoin Pepe: The meme coin movement hits BTC iDEGEN: Crypto’s boldest degen experiment SPX6900: The meme coin taking on the S&P 500 Bitcoin Pepe: The Meme Coin Movement Hits BTC Bitcoin has always been the…