Author: Yeek.io
Journalist Posted: February 17, 2025 The 1-day price chart showed further losses were likely, but the H4 chart disagreed. A lack of demand meant that the 9% bounce in the past ten days could quickly reverse. The withdrawal of 151.61 billion Shiba Inu [SHIB] tokens from Coinbase, worth $2.41 million, was an interesting development. Sustained outflows of the memecoin would be a good sign of accumulation across the market. The daily price action remained bearish, but there was a market structure shift on the 4-hour chart. Was there enough demand to sustain this lower timeframe shift, or should traders brace…
Journalist Posted: February 17, 2025 The altcoin market is consolidating near a critical resistance zone, signaling a potential breakout. Ethereum upgrades and altcoin ETFs could fuel the upcoming altcoin surge towards $10 trillion. The market is buzzing with speculation as experts point to a potential altcoin explosion reminiscent of the 2021 altseason. With the altcoin market cap hovering around $1.42 trillion and chart patterns eerily mirroring those from 2021, many believe that history might be on the verge of repeating itself. A look at the benchmark: The 2021 altseason The 2021 altseason marked a significant turning point, with numerous altcoins…
Bitcoin is currently hovering around $97,000 within the past 24 hours, which is an extension between its range trading between $98,600 and $95,000 throughout last week. Amidst these back and forth motion, data shows a negative trend among Bitcoin traders, which could intensify a price drop. According to data from on-chain analytics platform IntoTheBlock, Bitcoin saw around $1.4 billion net inflows into crypto exchanges in the just-concluded week. Bitcoin Exchange Inflows Spike Amid Market Uncertainty IntoTheBlock’s data, shared on social media platform X, highlighted that $1.04 billion were sent into crypto exchanges last week. Unsurprisingly, this run of inflows erased…
February 2025 saw the crypto market taken over by new presales, but not all are worth the interest. Among them, Remittix (RTX) has grown into a top choice when considering the best crypto presale for savvy investors seeking the next big thing. While Lightchain AI and WEPE have earned massive interest from investors, Remittix has managed to outdo their popularity thanks to the PayFi product, which facilitates the seamless conversion of cryptocurrencies to fiat money and efficient global payment. Its presale is already making waves, drawing in a growing number of investors in its token and raising well over $11.6…
Tokenized debt instruments are essentially digital versions of bonds or loans. They are designed to leverage the power of blockchain for more efficient trading and settlement processes. Tokenization of debt instruments, while not a new concept, is a classic example of asset tokenization in action. This process streamlines traditional debt markets, which are often hindered by complexity, high costs, and slow settlement times. By embedding terms like interest rates and repayment schedules into smart contracts, tokenization reduces friction and makes debt instruments more liquid. The tokenized asset market is projected to be worth between $1 to 5 trillion in the…
Hoskinson warns that tech giants could dominate blockchain once regulations become clear. Cardano gains attention amid Microsoft collaboration rumors and Grayscale’s ETF filing. As the crypto landscape continues to evolve, Cardano [ADA] founder Charles Hoskinson has raised a critical concern about the future of Layer-1 networks. He warns that tech giants like Meta, Google, Apple, Microsoft, and Amazon could potentially dominate the blockchain space once regulatory frameworks become clearer. Given their vast resources and technological capabilities, these corporations could establish their own blockchain infrastructure, posing a significant challenge to existing decentralized networks. Cardano founder on concerns surrounding L1 networks That…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. After cashing in on Pepe’s meteoric rise, savvy investors are now rallying behind Rexas Finance at $0.20. Smart investors, who made millions from the spectacular growth of Pepe (PEPE), are now lending their support to Rexas Finance (RXS). These investors are moving largely to RXS in hopes of recreating their success. Rexas Finance: The token gaining strong support Rexas Finance uses its creative blockchain technology to provide practical uses. Its main characteristic is asset tokenization, which lets users establish…
Looking for the best free cloud mining platforms to mine Bitcoin, Dogecoin, and other cryptocurrencies in 2025? Cloud mining is the most convenient and cost-effective way to mine crypto, removing the need for expensive hardware and high energy costs. By renting mining power from remote data centers, users can start mining without maintaining any equipment. In this guide, we’ll explore the top cloud mining sites offering free and profitable mining options for Bitcoin and Dogecoin. Find out which platforms deliver the best returns and how to get started easily! ICOMiner (Rating: 9.9) Binance (Rating: 9.3) ECOS (Rating: 9.1) OKX (Rating:…
Cryptocurrencies are now becoming fundamental components of the global financial landscape, and the financial advisory industry is still playing catch-up. According to a survey conducted by Bitwise and VettaFi, 96% of financial advisors reported receiving inquiries about crypto—a significant increase from 88% the previous year. However, despite the growing demand for crypto, there remains a noticeable gap between what clients are eager to explore and what their advisors are ready to offer. In fact, 71% of advisors admit that their clients are taking matters into their own hands when it comes to cryptocurrency, bypassing traditional financial advice altogether. This widening…
Journalist Posted: February 17, 2025 Onyxcoin formed a short-term range after its pullback from $0.0499. The CMF showed selling pressure remained intense across timeframes. Onyxcoin [XCN] had pulled a 22x from the 1st of January to the 26th, but has receded noticeably since then. The vast gains meant that the higher timeframe outlook remained bullish. This could give the Onyxcoin market some time to consolidate before its next move higher. Should you buy more XCN at $0.02? Source: XCN/USDT on TradingView Based on the rally from $0.0111 to $0.0499, a set of Fibonacci retracement levels were plotted. It showed that…