Author: Yeek.io

Samson Mow, CEO of JAN3, has released an analysis of recent amendments to El Salvador’s Bitcoin Law, casting new light on whether Bitcoin remains legal tender in the country. While the Salvadoran government has repeatedly assured that “everything is awesome,” Mow urges caution, noting that the revisions both preserve Bitcoin’s legal tender status and dilute its classification as a “currency.” He describes the situation as “Bitcoin both is and isn’t legal tender,” which underscores the law’s paradoxical stance. Amid Confusion: “Bitcoin Both Is and Isn’t Legal Tender” Mow explains that the government’s original Bitcoin Law still exists, but official references…

After dropping below $100,000 earlier this month, Bitcoin has faced sluggish price movement with little upward momentum. Over the past week, the asset has just ranged below this six-digit mark with its price now hovering above $96,000 as of today. This sideways movement reflects a lack of significant momentum and has left many traders questioning what might spark the next major move. Late Longs Liquidated: The Impact Despite the lack of a breakthrough, Bitcoin’s price behavior continues to attract the attention of market analysts. One such expert is Amr Taha, a contributor to CryptoQuant’s QuickTake platform. Taha’s recent analysis in…

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Lido DAO Token (LDO) price has remained in a tight range in the past few months as investors have focused on meme coins instead of utility tokens. The LDO price was trading at $1.873 on Saturday, up from this month’s low of $1.4. It has remained in this range in the past few months and is still down by about 53% from its highest point last year. Lido DAO token rises amid bullish sentimentThere are signs that investors are turning to Lido DAO token as focus tuns to the upcoming V3 launch that introduce new features. The most notable features are…

Grayscale’s XRP ETF acknowledgment could pave the way for a sign-off for similar applications Will the ETF speculation fuel XRP’s recovery to the latest local peak of $3.4?  The U.S SEC has acknowledged Grayscale’s XRP ETF 19b-4 filing, marking a new milestone for the altcoin. Especially since it is still in the middle of an ongoing lawsuit with the regulator.  According to its filing, Grayscale seeks to convert its XRP Trust, which currently has $12.8M in assets under management (AUM), into a Spot ETF. Other potential issuers who filed similar applications, like Canary Fund, 21Shares, WisdomTree, and Bitwise, are expected…

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…