Author: Yeek.io
Synthetix and Infinex are delivering big opportunities for sUSD holders. Starting January 16, 2025, sUSD yield farmers can earn rewards just for depositing sUSD on Infinex. SNX stakers and other sUSD holders can enjoy 6 weeks of rewards with a velvety smooth experience in the Infinex app.Here’s what you need to know.Earning RewardsFrom January 16, 2025, at 00:01 UTC, for a duration of six weeks, sUSD depositors on Infinex will earn rewards every week:5,000 OP tokens5,000 SNX tokensRewards accrue continuously and are distributed weekly. Yields will vary based on the total value of sUSD deposits, but we’ve put together some…
FLOKI has dropped to a three-week low amid bearish pressures across the memecoin market Derivative traders have remained active, with declining funding rates and long/short ratio showing a surge in short positions The total memecoin market capitalization dropped by 17% over the past week alone, with the same hitting $94 billion as per CoinMarketCap. FLOKI, the sixth-largest memecoin by market cap, has mirrored these bearish trends given that at press time, it was trading at a three-week low of $0.000155 after a 5% drop in 24 hours. This drop has stirred a spike in activity across both the spot and…
Binance’s reserves have risen by 34 million XRP, with this likely to be a potential sell-off signal If XRP’s daily candle closes below $2.30, further downside towards $1.92 may be likely Amid the ongoing struggles in the cryptocurrency market, a crypto whale was found dumping a significant amount of XRP tokens, attracting massive attention from crypto enthusiasts. Whale offloads 30 million XRP According to blockchain transaction tracker Whale Alert, a crypto whale dumped approximately 30.17 million XRP tokens, worth nearly $76.34 million, on 12 January. This massive dump triggered bearish activity and led to the buildup of significant short positions,…
Este artículo también está disponible en español. Solana (SOL) finds itself at a critical juncture as the broader crypto market weathers a bearish consolidation phase. Since January 6, Solana has shed over 20% of its value, with losses extending to more than 33% since late November, reflecting the challenging conditions across the sector. Related Reading This downturn has placed Solana under the spotlight as both investors and analysts closely monitor its next move. Top analyst Ali Martinez recently shared a technical analysis on X, revealing that Solana is currently consolidating within a symmetrical triangle pattern—a formation often seen during periods…
Pasar kripto di awal tahun 2025 mengalami awal yang lambat, dengan Bitcoin jatuh di bawah $100k dan altcoin mengikuti tren penurunan. Namun, para analis memprediksi bahwa tahun ini akan menjadi puncak bull market. Jika prediksi tersebut benar, ini mungkin menjadi waktu yang sempurna untuk menambah kripto baru ke dalam portofolio Anda. Berikut adalah 5 kripto terbaik untuk dibeli demi potensi keuntungan hingga 100x tahun ini: Wall Street Pepe Wall Street Pepe adalah proyek baru yang menghadirkan angin segar bagi sektor meme coin. Proyek ini menghidupkan kembali semangat pergerakan Wall Street Bets tahun 2021, membangun komunitas pedagang sehari-hari yang bersatu untuk…
Proof of stake continues to be one of the most controversial discussions in the cryptocurrency space. Although the idea has many undeniable benefits, including efficiency, a larger security margin and future-proof immunity to hardware centralization concerns, proof of stake algorithms tend to be substantially more complex than proof of work-based alternatives, and there is a large amount of skepticism that proof of stake can work at all, particularly with regard to the supposedly fundamental “nothing at stake” problem. As it turns out, however, the problems are solvable, and one can make a rigorous argument that proof of stake, with all…
Quick take: This is MoonPay’s biggest acquisition yet as it expands its crypto payment services amid a looming regulatory breakthrough in the Trump administration. The acquisition follows MoonPay’s partnership deals with PayPal and Venmo announced last year. As of 2024, MoonPay had overseen a crypto transfer of more than $2 billion overall, according to Fortune. MoonPay has announced the acquisition of crypto processing firm Helio in a deal worth $175 million. The crypto payments company will integrate Helio’s technology that is used by popular e-commerce and community network platforms Shopify and Discord to process cryptocurrency transactions. This is MoonPay’s biggest…
Let’s dive into the current situation with BNB. Right now, BNB is trading around $671, and it’s taken a bit of a hit lately, down about 3.5% from the last close. It peaked today at $702 but dropped to as low as $656, so there’s been some volatility in the short term. If we look back over the last week, it’s down nearly 5%, and in the past month, it’s lost a little over 7%. But, here’s the good news—if we zoom out to the past year, BNB has actually grown by more than 124%. BNB Price Analysis When we…
Follow Nikolaus On 𝕏 Here For Daily Posts Last year on May 25, Donald Trump vowed to commute the sentence of early Bitcoin pioneer and Silk Road founder Ross Ulbricht to time served if elected president. As we all know, Trump won the election and will take office one week from today. This leaves a major question on the minds of Bitcoiners: Will Trump actually pardon Ross?I believe Trump will 100% stay true to his word and free Ross from prison. I have not seen anything to suggest that Trump would do otherwise and have only seen things that make…
As we enter January 2025, Dogecoin (DOGE) is once more piquing the interest of investors and crypto aficionados. With a market capitalization of more than $50 billion, this meme-inspired coin—which is presently trading at around $0.34—has grown to be a key participant in the cryptocurrency market. Given recent price swings, many are guessing about the direction of Dogecoin. Historical Patterns And Future Growth There is considerable cause for excitement around Dogecoin. Analyst Cephii has concentrated on historical trends, particularly the notable 1,107% increase in Dogecoin following the January 2021 inauguration of US President Joe Biden. Cephii speculates that something like…