Author: Yeek.io
Hyperliquid’s native token, HYPE, has been launched on the OKX pre-market futures platform, enabling customers to trade futures contracts a week after its token generation event. On Dec. 4, crypto exchange OKX announced that it had listed pre-market futures for the HYPE/USDT pair, allowing users to speculate on the altcoin’s price before its listing for spot trading on centralized exchanges. Shortly after its listing, HYPE surged to a high of $19.65 on the pre-market futures platform. However, the altcoin was later trading at $13.70, down 14.38% from its all-time high. Pre-market trading delivery contracts are USDT-margined delivery contracts, typically delivered…
PEPE has continued its positive uptrend after its decline on 05 December Memecoin’s market remains torn between longs and shorts PEPE’s funding rate has seen dramatic shifts over the last 24 hours, underscoring the heightened volatility across the memecoin’s market. Despite these fluctuations, however, the token’s price has moved positively on the price charts. In fact, analysts are closely watching its funding rates, Open Interest (OI), and broader market sentiment to anticipate its next moves. PEPE’s funding rate swings and price correlation An analysis of PEPE’s funding rate data revealed significant spikes, coinciding with its price hovering near the $0.000002200-mark.…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The advent of web3 presented an opportunity to change the world of customer loyalty programs. The idea was that by using blockchain technology, companies could offer tokenized rewards that give customers more control. No more points expiring, no more being stuck in one brand’s ecosystem—just pure freedom. At least, that was the promise. The reality? It’s a lot more complicated. Visa, for example, launched its own web3 loyalty pilot in early 2024, trying to bring this idea…
Aptos’ all-time transactions climbed to 2 billion Altcoin’s long/short ratio indicated rising bullish sentiment Aptos [APT] not only performed well on the price front, but the blockchain’s DeFi space also hit a new milestone recently. While there were several factors that allowed this achievement, much can be attributed to recent developments that happened in Aptos’ ecosystem. Aptos’ DeFi space is booming Aptos recently shared a tweet revealing quite a few intriguing developments that happened in the blockchain’s ecosystem. First of all, the tweet mentioned a massive hike in Aptos’ TVL. In fact, over the last 2 months alone, the protocol’s…
In a world where digital assets are quickly becoming a cornerstone of global finance, the United States stands at a crossroads. The Trump administration has repeatedly emphasized its dedication to making everyday Americans more prosperous. From pledging to restore economic strength on the campaign trail to appointing forward-thinking advisors, the White House seems poised to usher in a new era of financial freedom. But if President Trump truly wants to supercharge wealth creation for average citizens—and establish the U.S. as the world’s leading “Bitcoin Superpower”—his administration must embrace a bold, transformative policy: eliminate capital gains taxes on Bitcoin. This global…
Key Developments in Solana’s Metrics Daily Volume IncreaseThe $13 billion daily volume represents heightened interaction with Solana. Higher volume usually signals strong market activity, which can lead to significant price moves. But everything is a question of context of volume increase:Rising Volume with Price Increase: Indicates potential strength in the upward trend.Rising Volume with Price Decrease: May point to continued selling pressure.In Solana’s case, both volume and price are rising, which suggests optimism in the market. Open Interest GrowthOpen Interest (OI) is another key indicator. It shows the sum of all open contracts in the market.Increasing OI with Price Increase:…
Crypto analyst BallaJi has provided insights into how the Ethereum price breakout could happen and even raised the possibility of ETH reaching $18,000. Ethereum currently boasts a bullish outlook, having recently broken above $4,000 for the first time since March of this year. How The Ethereum Price Could Reach $18,000 In a TradingView post, BallaJi predicted that the Ethereum price could reach $18,000. The crypto analyst explained that based on logarithmic projections, the measured move of this HVF could send Ethereum to the target. He provided a caveat, stating that the price rally to the target might not happen in 2025. However,…
Since its emergence, Non-Fungible Tokens (NFTs) have revolutionized the digital world, providing investors the chance to own and trade unique digital assets. Now, residing in 2024, it’s only natural to see the NFT market developing, with more pros for lovers and financial investors alike. In this article, we will look at the advantages of NFT investments and why this asset class still remains a great opportunity. 1. The rise of Digital Ownership The digital age has created new ways to perceive ownership, and NFTs are doing just that. Announced, these tokens provide verifiable proof of authenticity and ownership on the…
Ponke, launched in December 2023, quickly grew its market cap to over $300 million, becoming the tenth-largest meme coin. What is the main secret of success? In a recent interview with Decrypt, Ponke’s marketing lead, speaking in a gambling monkey costume, discussed how the product has succeeded in the Solana meme coin market. What is Ponke about? Ponke is another meme coin created on the Solana blockchain, which has already become one of the leading ones for the release of such assets in 2023-2024. Ponke is a meme monkey, similar in appearance to the world-famous frog Pepe. Apparently, the creators wanted…
SushiSwap is taking a bold step to reshape its financial foundation with its “Treasury Diversification Proposal.” Spearheaded by Jared Grey, the platform’s “Head Chef,” the plan aims to create a stable and sustainable treasury by diversifying its holdings and reducing reliance on SUSHI tokens. The proposal outlines a three-pronged strategy: minimizing volatility, boosting liquidity, and generating passive income. Currently, the Sushi DAO treasury is heavily reliant on its native SUSHI tokens, exposing it to market instability. Grey’s plan involves liquidating the treasury’s SUSHI holdings and reallocating them into a diversified mix of assets. The new structure proposes a 70% allocation…