Author: Yeek.io

Este artículo también está disponible en español. Solana (SOL) faced a brutal selloff yesterday, mirroring the broader market collapse triggered by escalating U.S. trade war fears. The price plummeted over 19% in less than 24 hours, wiping out weeks of gains and sending shockwaves through the crypto market. Investors are now bracing for more volatility, as the bearish momentum could extend into the week ahead. Related Reading Top analyst Jelle shared a price chart on X, highlighting that Solana has completely retraced the TRUMP meme coin pump. The rapid decline saw SOL drop as low as $175, marking one of…

Midnight Society, the studio behind the game Deadrop, has confirmed its closure after facing financial difficulties and internal turmoil.The announcement came just days after employees were given a two-day notice that the company was shutting down. This closure follows the high-profile departure of co-founder Dr. Disrespect (Guy Beahm) in mid-2024 after allegations of inappropriate conduct.Although the studio had initially expressed confidence about continuing development and releasing Deadrop in 2025, the lack of funding and staff cuts ultimately led to its closure. Source: Midnight SocietyWhy is Midnight Society closing down?Midnight Society’s closure is largely attributed to a lack of funding. The…

Este artículo también está disponible en español. India, known for its anti-crypto approach, could soon take a U-turn on the matter after a change in global sentiments. Ever since the appointment of the pro-crypto Donald Trump as the US president, countries seem to be in a race to adopt crypto, and India doesn’t want to be left too far behind. Currently, the country imposes a draconian 30% capital gains tax on crypto assets without distinguishing between long-term and short-term holdings. This is among the highest tax slabs in the country. For comparison, only winnings from lottery and betting activities are…

Este artículo también está disponible en español. Bitcoin open interest crashed by billions in one weekend, painting a bearish outlook for the flagship crypto and spells doom for BTC bulls. Despite this setback, crypto analysts have provided some optimism with their analysis, which hints at a bullish reversal soon enough.  Bitcoin’s Open Interest Crashes By $4.5 Billion Over The Weekend Coinglass data shows that Bitcoin’s open interest crashed by $4.5 billion over the weekend, dropping from $65 billion to $61.5 billion. This came following the liquidations that occurred due to the BTC price crash. Further data from Coinglass shows that…

Quick take: The fund will back startups building on the TON ecosystem, especially DeFI and PayFi projects. The fund specifically targets early-stage startups valued at $5 million to $10 million as it aims to take the lead position with checks of $500,000 to $1 million. TVM will also provide $5 million in farming liquidity to help protocols establish the minimum liquidity needed for their projects. Former TON Foundation president Steve Yun has launched a new spin-off fund, which comes less than six months following the launch of TON Ventures, last August. Dubbed TVM ventures after the TON Virtual Machine, the…

  With a strong bearish sentiment, ADA could drop by 15% to reach the $0.71 level. On-chain metrics revealed that the exchanges have witnessed an outflow of $30 million in ADA tokens. Amid the bearish market sentiment, Cardano [ADA] is poised for a notable price decline due to bearish confirmation on its daily timeframe. Additionally, the prevailing market sentiment and traders’ bearish activity have further strengthened this negative outlook. Traders heavily shorting ADA According to on-chain analytics firm Coinglass, traders are potentially taking advantage of the current market sentiment by strongly betting on the short side. Data reveals that traders holding…

This election cycle saw a sharp increase in political spending from cryptocurrency companies, positioning the industry to influence U.S. politics. Already several states have begun exploring the creation of strategic Bitcoin reserves. As Bitcoin becomes more institutionalized, its adoption by state treasuries is seen as a victory for the crypto sector.However, this trend raises concerns about the future rights of Bitcoin holders, as greater government oversight and institutional involvement could transform Bitcoin from the cypherpunk’s dream of decentralized, peer-to-peer currency into just another financial asset.In the 2024 election cycle, cryptocurrency corporations have spent over $119 million to influence federal elections,…

Este artículo también está disponible en español. In a dramatic reversal, Dogecoin (DOGE) plunged from around $0.34 as low as $0.20, wiping out nearly 40% of its value before finding tentative stability near $0.25 at press time. However, crypto analyst “Coosh” Alemzadeh (@AlemzadehC) maintains a bullish long-term outlook, sharing a weekly chart of DOGE/USD and remarking, “DOGE: Looking really good here,” despite the recent turmoil. Why Dogecoin Is Still Looking Bullish The unexpected news of new tariffs by the Trump administration on major trading partners like China, Mexico, and Canada on Friday has sent shockwaves across financial markets, including cryptocurrencies.…

The cryptocurrency market keeps growing with profitable investment opportunities for those who want to earn a lot. In February 2025 investors can expect successful price movements from various digital assets. This article showcases the most promising cryptocurrency investments that bring solid foundations to market through practical use and promising growth chances. $AGENTS – AI Agent Pepe $QET – Quant Earth $SYN – SynthAI $AIMX – AI Matrix $MFN – MetaFusion $NRC – NeuroChain $GCAI – GreenChain AI AI AGENT PEPE ($AGENTS) People recognize AI Agent Pepe as a leading development project in the cryptocurrency space. The $AGENTS token enables an…

Kraken’s European expansion accelerated as the crypto exchange obtained a new digital asset license to offer more services. Kraken has secured a Markets in Financial Instruments Directive license through its Cyprus-regulated entity, Cypriot Investment Firm, allowing the exchange to provide derivatives products within the European Union. The Cyprus Securities and Exchange Commission regulates Cypriot Investment Firm, making the acquisition a strategic move for Kraken to strengthen its European presence. The firm prioritized MiFID approval due to strong demand for crypto derivatives trading from European market participants, said Shannon Kurtas, Kraken’s co-general manager of Pro & Exchange. “As we continue to…