Author: Yeek.io

Este artículo también está disponible en español. Ethereum has been struggling to regain momentum, trading below the critical $2,800 mark since last Thursday. Bulls are in trouble as the price remains trapped under key supply levels, leaving investors concerned about Ethereum’s short-term future. Many who expected a bullish year for the second-largest cryptocurrency are now questioning their outlook after last week’s massive selling pressure took ETH from $3,150 to $2,150 in less than two days. Related Reading The recent price action has amplified fear and uncertainty among retail investors, with many continuing to sell amid the market turbulence. However, on-chain…

Homepage > News > Business > South Korean city rolls out new system targeting tax evaders Gwacheon, a city in the South Korean Seoul district, has launched a new system to seize digital assets from tax evaders. The new “electronic virtual asset seizing system” will allow the city to intensify its crackdown on tax cheats, which has been ongoing for the past five years. The city launched the system after noting a rise in “cases of virtual assets being used as a means of hiding delinquents’ assets,” reports one local outlet. The new system will launch fully in March, followed…

Harry Bolz-inspired memecoins tanked after Musk re-changed his X profile name This isn’t the first time crypto degens have profited from Musk’s name changes Several memecoins inspired by Elon Musk’s recent X profile name, Harry Bolz, declined after he removed the username.  In fact, one of the most liquid HARRYBOLZ tokens was created just five days ago. At the time of writing, it was down 57% in the last 24 hours.  Source: Gecko Terminal Another similar token, created a day ago, was down nearly 100% at press time. All these were tokens created on Solana and traded through Raydium DEX. …

A crypto strategist known for accurately calling the 2021 digital asset cycle top believes that several altcoins are poised for significant rallies. The analyst pseudonymously known as Pentoshi tells his 854,200 followers on the social media platform X that the crypto market is not reacting to bad economic news, signaling that a possible bottom is in. “Now price not reacting to tariffs or negative news anymore while many, not all things, are at high timeframe supports. Not a bad sign for some relief.” He says several alts appear poised to undergo mean reversion moves after the market correction. In trading,…

Bitcoin has experienced lackluster price action over the past few days, trading in a narrow range between $94,700 and $98,600 since last Friday. This stagnant movement has added to the speculative environment, leaving the market uncertain about short-term direction. Neither bulls nor bears have been able to take control, creating a sense of indecision among investors who had hoped for stronger momentum. CryptoQuant analyst Axel Adler shared insightful metrics on X, revealing that the realized price of new whales sits around $89.2K. This level represents the strongest support for the current consolidation phase, which spans from all-time highs (ATH) at…

Este artículo también está disponible en español. Ethereum price is moving higher above the $2,600 zone. ETH might gain bullish momentum if it clears the $2,800 resistance zone. Ethereum started a fresh increase above the $2,650 resistance level. The price is trading above $2,680 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,680 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,780 and $2,800. Ethereum Price Eyes More Gains Ethereum price remained supported above the…

Journalist Posted: February 13, 2025 Dogecoin shows multiple bullish signals, notably with the RSI on the 4-hour chart. DOGE’s activity has been steady, with daily active addresses and whale movements at key levels. Dogecoin’s [DOGE] chart revealed critical bullish signals through its 4-hour Relative Strength Index (RSI) and price channels. The RSI, deeply entrenched in the oversold territory with a reading near 48 at press time, suggested a potential turnaround for Dogecoin’s price. This was reinforced by the RSI’s upward-trending channel, indicating a strengthening momentum despite the downtrend in DOGE’s price channel. Furthermore, DOGE showed a bullish divergence as it…

Whale deposits signaled concern as EIGEN faced a significant loss. On-chain data and liquidation heatmap suggested bearish sentiment, signaling more price drops. A recent whale deposit of 2 million Eigenlayer [EIGEN], valued at $3.18 million, into Binance has raised eyebrows in the crypto community.  The whale had previously withdrawn the same amount of EIGEN for $9.07 million just two months ago, but with the price now dropping drastically, this investor faces a staggering loss of $5.89 million.  The price of the altcoin has decreased from $4.53 to $1.59, leaving many wondering if this is a warning or a sign of an…

Bitcoin price is consolidating above the $95,000 support zone. BTC must settle above the $100,000 level to start a fresh increase in the near term. Bitcoin started a fresh increase from the $94,200 zone. The price is trading above $96,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line 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 clears the $98,500 zone. Bitcoin Price Eyes Fresh Increase Bitcoin price extended losses below the $95,000 support level. BTC…

Este artículo también está disponible en español. Crypto analyst CryptoCon has reaffirmed that a Bitcoin price rally to the $166,000 target is still in play. The analyst further revealed what needs to happen for the flagship crypto to reach this ambitious price target.   What Determines The Bitcoin Price Rally To $166,000 In an X post, CryptoCon stated that the Bitcoin price simply needs to mirror its last year’s move in order to reach the next rung on this hyper-accurate extension in March. His accompanying chart showed that the next rung is at the $166,000 price level. Meanwhile, Bitcoin recorded a…