Author: Yeek.io

Solana may be lacking the steady buying pressure to re-establish the kind of momentum seen in Q4 2024  Liquidation heatmap warned of a potential price fall to $160 Solana [SOL], at the time of writing, was met with resistance around the $205-zone once again, a short-term resistance zone that has been in place for a week. In fact, the daily chart revealed high volatility for Solana after strong gains towards the end of 2024. SOL has oscillated between $180 and $260 since November, and neither price level has been overhauled by market participants. At press time, the bullish order block…

Franklin Templeton introduced its OnChain US Money Market Fund (FOBXX) on Solana yesterday, February 12. The tokenized fund was previously available on Ethereum, Avalanche, Aptos, and Coinbase’s Base. The latest move came a day after the investment firm filed for a Solana exchange-traded fund in Delaware. Solana attracts institutional players following its remarkable performance in the past few months. Messari’s latest report showed that Solana applications accrued $840M in revenue in Q4 2024 – a remarkable 213% surge. Franklin Templeton taps Solana to expand its tokenized fund Solana confirmed that the trillion-dollar investment company has launched its FOBXX fund on…

Solana started a fresh decline from the $210 zone. SOL price is consolidating and might aim for a fresh move above the $200 resistance zone. SOL price started a fresh decline below the $205 and $200 levels against the US Dollar. The price is now trading below $200 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $198 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $200 zone. Solana Price Faces Hurdles Solana price struggled to…

Several US states, including Texas, Pennsylvania, and Ohio, are pushing proposals to invest public funds in cryptocurrencies or establish state-level bitcoin reserves. Asset manager VanEck analysed 20 such bills and estimated that, if implemented, they could lead to $23 billion in bitcoin purchases, equivalent to approximately 242,700 BTC. matthew sigel, recovering CFA@matthew_sigel·FollowWe analyzed 20 state-level Bitcoin reserve bills. If enacted, they could drive $23 billion in buying, or 247k BTC. This sum is independent of any pension fund allocations, likely to rise if legislators move forward.6:51 pm · 12 Feb 20251.1KReplyCopy linkRead 65 replies This estimate excludes potential contributions from…

AI tokens have grown by 24.44% year-to-date, but the impact was short-lived.  Are they here to stay, or are they just another passing trend? At the time of writing, Artificial Intelligence tokens led the gainers’ chart, with ARC and ai16z at the top. Following the AI Summit in France, over $7 million has flowed into these tokens, further building on Trump’s $500 billion AI investment. Is 2025 the year of AI dominance in crypto? Big money rolling in –  but there’s a catch Despite AI tokens gaining momentum, their combined market cap accounts for just 1.5% of the $3.15 trillion…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. SHIB and DOGE traders are jumping into this under-the-radar crypto before its surge. Discover why smart money is making their move now.   The meme coin sector has always stunned the crypto market with its ability to produce staggering gains, as Shiba Inu (SHIB) and Dogecoin (DOGE) have done over the years. DOGE and SHIB, which are the two biggest memecoins by market cap, used to rule the market. But now they are stuck, with prices dropping by over 28%…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

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. …