Author: Yeek.io

Size Credit, a rapidly growing lending protocol, saw its total value locked (TVL) cross the $2 million mark on Monday, January 27, and is currently inches away from breaking the $3 million mark, as per DefiLlama.  The lending platform started the year with less than $400,000 in its pools, as the ecosystem had slowly but steadily gained traction since its July 2024 launch.  Last week, the protocol’s TVL accelerated its growth. Size has expanded by nearly 400% in the past week alone and more than 600% over the month, making it one of the best-performing dapps tracked by DefiLlama.  Size…

Homepage > News > Business > BTC unsure after stockpile diss, Ver sure not getting pardon ‘Bitcoin Jesus’ won’t be getting a pardon from Donald Trump for tax crimes as confusion reigns regarding how the United States intends to tax crypto-based capital gains. • BTC still reeling from Trump’s ‘digital asset’ diss• Will digital assets face capital gains tax?• Coinbase, MSTR no longer want what they asked for• Musk renounces Roger Ver’s pardon plea• Richard Heart’s pardon fantasy• Congress probing Choke Point 2.0• Morgan Stanley wants to be crypto ‘transactor’• Ethereum’s Buterin slams’ politician coins’ Late on January 26, the BTC…

Ki Young Ju, CEO of CryptoQuant, projected that the meme coin market will reach a point of maturation by 2030. In a recent post on X, Ki Young Ju, CEO of CryptoQuant, said that the meme coin hype will fade, but the market will not fizzle out completely. Instead, he says it will go through a gradual phase of maturation over the next five years. He adds that the value in the meme coin sector is legitimized through narrative, similar to the art market, and suggested that it will evolve into a more sustainable market by 2030. The way value…

Quick take: The fundraising follows Bluwhale’s $7 million seed round announced last March. The company plans to use the new investment to expand its Web3 intelligence layer further across multiple L1 and L2 blockchains.  Bluwhale is teaming up with Caldera to build Oceanum, a custom Zk-powered L3 built on Arbitrum to decentralise AI workloads. Bluwhale has announced a new fundraising round, which includes $85 million from token purchase commitments and $8 million from grants and node sale proceeds.  The fundraising attracted participation from Movement Labs and Arbitrum, as well as Cointelegraph, SwissBorg, Awaken Finance, CoinBureau, Altcoin Daily, Master Ventures, DWF…

Leading business leader Jake Claver explains the bold outlook for XRP in 2025. The financial expert’s recent X post outlined several factors supporting an optimistic view for XRP’s future leveraging institutional interest and stablecoins’ prominent and accelerated tokenization.  Will Institutional Interest Trigger XRP Mass Adoption Claver singles out the institutions’ involvement within the XRP ecosystem, which signifies its imminent rise. He notes that Grayscale’s XRP Trust product echoes the early pursuit of the firm in Bitcoin and Ethereum.  The XRP Trust shows growing confidence by Grayscale in altcoin, with a likely bid for the XRP exchange-traded fund (ETF). Grayscale…

Trump has promised to establish a Bitcoin ($BTC) strategic reserve. While his crypto executive order does mention the possibility of a ‘national digital asset stockpile,’ to everyone’s surprise, it isn’t limited to $BTC. Ripple’s CEO Brad Garlinghouse supports Trump’s idea of a diversified reserve – naturally, assuming it includes $XRP. Garlinghouse points out that we live in a multichain world and should create an equitable environment instead of favoring one asset. Just as silver complements gold in a smart investor’s portfolio, meme coins, and altcoins could potentially diversify the Federal Reserve – although it is too early to tell for…

Crypto analyst Marty Party pointed out these transactions, accusing Binance and Wintermute of market manipulation. He called investors to stay calm and consider self-custody of their assets. According to blockchain data, Binance sent 70.9 BTC ($7.2 million) and 1,701 ETH ($5.38 million) to Wintermute on Monday. The next day, they transferred 20,973 SOL ($4.9 million) and another 1,000 ETH ($3.17 million).Critics, including analyst Cryptoblock192.eth, claim Wintermute’s operations harm decentralization and transparency. They compared these activities to controversies surrounding FTX and Alameda Research, known for price manipulation allegations.The crypto community is calling for greater transparency from Binance and other exchanges. Some,…

Abstract Mainnet Goes Live Abstract, a consumer-focused Ethereum layer-2 network developed by Igloo Inc., the parent company of Pudgy Penguins, has officially launched its mainnet. This step marks a move to make crypto more accessible and appealing to everyday users, not just those already familiar with blockchain technology. Source: Abstract In June 2024, Abstract raised $11 million to bring billions of new users on-chain and establish itself as a leading blockchain for consumer crypto products. Luca Netz, Abstract’s co-founder and owner of Pudgy Penguins, emphasized that the industry has often focused on technology at the expense of user experience. Abstract…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Not everything in life benefits from decentralization. P2P marketplaces? Sure. Remittances? Absolutely. Dating apps? Perhaps not. But what about cloud infrastructure itself, the very backbone of the modern internet? On the one hand, just think about all the cool stuff web3 lets you add to this business model in terms of transparency, token incentives, and global access. On the other hand, think about all the important stuff that’s inherent to the cloud’s entire value proposition, such as…

The memecoin sector has performing poorly of late. The deep retracement TRUMP made over the past week has not yet begun to heal. Official Trump [TRUMP] has gained 12% in the past 24 hours, and its trading volume has increased by 14.36% in the same period. It has surpassed the local resistance level at $28, but might not be ready to scale the $30 resistance zone yet. Bitcoin [BTC] was able to defend the local support level from its range formation, but the memecoin sector has suffered over the past month. It was unclear when Official Trump would be ready…