Author: Yeek.io
Synthetix and Infinex are turning up the rewards for sUSD depositors. As of January 30, 2025, we’re doubling weekly rewards to 10,000 SNX and 10,000 OP, just for making a deposit.If you’ve been farming yield or just getting started, now’s the perfect time to deposit and claim your share.Earn More with Boosted RewardsStarting January 30, 2025, at 00:01 UTC, sUSD depositors on Infinex will earn:10,000 OP tokens 10,000 SNX tokensRewards accrue in real-time and are distributed weekly for the next 4 weeks. Current APR estimates are shown below:$2M in total deposits: 79.8% APR$5M in total deposits: 31.9% APR$10M in total…
Sui could rally 4.2x by the end of 2025, per VanEck projection. Sui had strong market interest, third only to Solana and Ethereum. Asset manager VanEck has tipped Sui [SUI] for a whopping 4x potential rally by the end of the year. In a recent comparative analysis report between Sui and Aptos [APT], two top contenders in the smart contract platform (SCP) space, the firm stated, “5.5% of the SCP market, corresponding to a market capitalization of $61 billion. With 3 billion tokens unlocked by January 2025, this equates to a token price of ~$16. This represents a 326% gain…
Dogecoin (DOGE) could be on the verge of an explosive price rally, as recent technical analysis reveals that the popular meme coin may be forming a distinctive Ascending Triangle pattern on its 4-hour chart. This bullish continuation pattern, combined with a rebound from an oversold Relative Strength Index (RSI), suggests that a breakout could occur anytime soon. Dogecoin Eyes Breakout As Ascending Triangle Forms An Ascending Triangle is typically seen as a bullish chart pattern, formed by a horizontal resistance line connecting swing highs and a rising trendline connecting lower lows. Interestingly, a crypto analyst, Trader Tardigrade, has identified what…
Cardano price started a fresh decline from the $1.00 zone. ADA is consolidating and might continue to move down below the $0.9350 support. ADA price started a fresh decline from the $1.00 zone. The price is trading below $0.950 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $0.950 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another decline if it trades below the $0.9350 support zone. Cardano Price Turns Red After struggling to stay above the $1.00 level, Cardano started a…
Homepage > News > Business > Blockchain gaming gained 7.4M daily active wallets in 2024: report A new report from DappRadar has highlighted the uptrend of new gamers in the play-to-earn (P2E) industry, underscored by an increase in daily Unique Active Wallets (dUAW) in 2024. dUAW climbed by 421% over 12 months to reach an all-time high of 7.4 million by the end of 2024. DappRadar analysts disclosed the metric in its Blockchain Gaming Yearly Report, delving into key industry trends in what pundits are describing as a “watershed” year for the industry. DappRadar said the industry has enjoyed sustained growth…
Legal trouble is catching up to Pump.fun. With two lawsuits in motion and fraud allegations flying, is this meme coin casino finally running out of luck? Pump.fun, a platform notorious for launching meme coins on the Solana (SOL) blockchain, is now facing a second class-action lawsuit just days after the first. The legal battle, led by Burwick Law and Wolf Popper LLP, alleges that the platform is violating U.S. securities laws by selling unregistered securities disguised as meme tokens. **LAWSUIT ALERT**Burwick Law and @WolfPopperLLP have filed a second federal class action lawsuit on behalf of investors against the PumpdotFun platform.Full…
The Long/Short Ratio stood at 1.14, indicating strong bullish sentiment among traders. On-chain metrics revealed that exchanges have witnessed an outflow of AAVE worth $2.5 million. Aave [AAVE] appeared bullish and, based on its recent price action on the daily time frame, seems to be preparing for a massive upside rally. During the recent price drop, the asset fell to a crucial support level of $285, which has a history of strong and solid price reversals. Source: TradingView Since the beginning of December 2024, AAVE has reached this support level multiple times, each time experiencing a massive upside rally…
XRP price started a consolidation phase from the $3.20 resistance zone. The price is now consolidating gains and might aim for more gains above the $3.20 zone. XRP price started a downside correction from the $3.220 zone. The price is now trading above $3.050 and the 100-hourly Simple Moving Average. There was a break above a bullish flag pattern forming with resistance at $3.10 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it clears the $3.20 resistance zone. XRP Price Eyes Fresh Gains XRP price started a fresh…
Este artículo también está disponible en español. In the past few days, Bitcoin (BTC) has withstood two key developments that could have derailed the cryptocurrency’s bullish momentum. Given Bitcoin’s resilience, analysts are now predicting a new BTC all-time high (ATH) in the coming weeks. Bitcoin Defies DeepSeek Sell-Off, FOMC Uncertainty Earlier this week, US stocks took a hit after Chinese AI firm DeepSeek unveiled its open-source LLM, raising concerns over the high market valuation of its American counterparts. As a result, the S&P 500 saw a strong sell-off, with NVIDIA leading the losses, dropping 16% in a single day. Related…
The SEC acknowledges Canary Capital’s Litecoin ETF, potentially the first altcoin ETF outside BTC & ETH. Regulatory shifts under Mark Uyeda boost optimism for broader altcoin ETF approvals in 2025. The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Canary Capital’s Litecoin [LTC] ETF filing, marking a potential milestone in the expansion of crypto-based exchange-traded funds. Under the leadership of Acting Chairman Mark Uyeda, the SEC began reviewing the 19b-4 application submitted by Nasdaq on 29th January. Execs weighs in Bloomberg ETF analyst James Seyffart confirmed the development, noting that this filing could pave the way for Litecoin to…