Author: Yeek.io
The US economy faced a dual setback in January, with both retail sales and manufacturing output recording declines. Retail sales posted their largest drop in nearly two years, while manufacturing production unexpectedly contracted, largely due to a sharp decline in motor vehicle output. Retail sales fall amid freezing temperatures and tariff concernsAccording to the Commerce Department, US retail sales fell 0.9% in January—the biggest decline since March 2023—following a revised 0.7% increase in December. The drop was broad-based, with sales at auto dealerships plunging 2.8%, clothing stores down 1.2%, and online sales falling 1.9%. Cold weather and snowstorms across the…
The best altcoin to buy now isn’t just another meme coin, it’s Dawgz AI, and it’s changing the game. I’ve seen countless projects come and go, but Dawgz AI stands out with AI-powered trade bots that work 24/7 to maximize returns. It’s not just hype, early investors are already piling in, with over $1.3M raised in presale. Built on Ethereum’s smart contract technology, it blends fun with serious profit potential. If you’re looking for the next crypto to explode, missing out on Dawgz AI now could be a mistake you’ll regret. I’m already in, are you? Why Dawgz AI is…
Brazilian President Luiz Inácio Lula da Silva has hinted at possible retaliatory measures against US President Donald Trump’s newly imposed steel tariffs, marking a significant escalation in trade tensions between the two nations. Speaking in a radio interview on Friday, Lula criticized the move, stating it would severely impact Brazil’s steel exports to the US. He suggested that his government file a complaint with the World Trade Organization (WTO) or impose reciprocal tariffs on American products.The US recently announced a 25% tariff on steel and aluminum imports, triggering widespread reactions across the global trade community. As one of the largest…
BONK broke out of its previous price structure, potentially setting up a move towards $0.000009 Memecoin’s perpetual futures to spot volume ratio chart provided further insights into market activity The cryptocurrency market saw significant price volatility recently, with BONK drawing attention from investors due to its price structure break. In fact, such was its movement that the crypto might potentially be setting up for a move towards $0.000009 on the charts. Emergence of a bullish trend BONK‘s MACD indicator flashed a clear signal of momentum shifting in favor of buyers. As can be seen in the attached chart, the MACD…
Ethereum showed strong support above $2,600, with a possible rally to $3,200 or $4,000. Growing institutional interest and active network usage signaled potential upward price movement. Ethereum [ETH] has shown strong support above $2,600, signaling that it may continue on its upward trajectory. At press time, Ethereum is trading at $2,702.21, reflecting a 0.67% increase over the last 24 hours. However, the real question is whether ETH can sustain its momentum long enough to break through these critical levels. ETH technical analysis: Will the momentum last? ETH’s recent price movement suggests that it could be entering a bullish phase. The…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As crypto eyes a 2025 comeback, Ethereum, Cardano, and Rexas Finance race for top returns. Investors seek the best chances for large returns as the crypto industry prepares for a significant comeback in 2025. Because of their established networks and continuous advancements, Ethereum (ETH) and Cardano (ADA) remain among the top candidates. But Rexas Finance (RXS), a fast-expanding real-world asset (RWA) token, is becoming a major rival with an explosive price trajectory. Given the current market dynamics and price…
On-chain data shows the Toncoin investors are holding a significant amount of unrealized profit even after the recent bearish action in the asset’s price. Toncoin Is Still Trading A Notable Distance Above Its Realized Price In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in a few indicators related to Toncoin. The first metric of relevance is the “Realized Price,” which tells us, in short, the cost basis of the average investor on the TON network. When the spot price of the cryptocurrency is trading above this indicator, it means the holders…
Intellectual property (IP) lies at the heart of the creative economy, but its management in today’s digital environment is inherently tangled in legal complexities and trust issues. Story Protocol was created to address these challenges by providing a blockchain system for registering, licensing, and monetizing creative works. This guide explains what Story Protocol is, the problems it attempts to solve, and how its foundational components set it apart as an innovative approach to IP management. By leveraging blockchain technology and standards like ERC-6551, it aims to make IP assets “programmable,” allowing developers to set terms, define licensing rules, and transparently…
Wall Street closed mixed on Friday as investors took a breather after a strong week, digesting developments in global trade policy and inflation data. While the Dow Jones Industrial Average dipped slightly, the S&P 500 and Nasdaq Composite eked out gains, reflecting continued optimism amid economic uncertainty. Market sentiment remained resilient despite a sharper-than-expected decline in retail sales, as traders found reassurance in President Donald Trump’s measured approach to tariffs and inflation trends that may ease pressure on interest rates.The Dow slipped 108 points, or 0.2%, while the S&P 500 edged up 0.1%, and the Nasdaq gained 0.3%. For the…
OP’s head-and-shoulders breakdown signaled a potential collapse, with $0.30 as the next target. Declining transactions and weakening demand suggested OP could face a major downturn. Optimism [OP] is showing signs of weakness as a head-and-shoulders pattern points to a possible major downturn. The coin was trading at $1.16 at press time, up 3.54% in the last 24 hours. But analysts warn that a deeper decline may be on the horizon. If the bearish trend continues, OP could drop below $0.30, marking a steep fall from its previous highs. Bearish reversal pattern signals trouble for OP Technical analysis reveals a…