Author: Yeek.io

Homepage > News > Finance > Will Trump’s crypto plans boost or break the US dollar? Crypto bros are hoping that Donald Trump’s second term will continue to boost the BTC token’s fiat value, while others fear that Trump’s desire for a strong U.S. dollar could undermine the dollar’s status as the world’s reserve currency. While last month’s re-election of Trump to a second term as U.S. president added significant fiat value to the BTC token, many crypto bros won’t be satisfied until Trump makes good on his vow in July to establish a “strategic national [BTC] stockpile.” Trump said the ‘core’ of this stockpile would be the…

Bitcoin miner MARA Holdings has completed an $850 million debt offering through a private issuance of zero-coupon convertible senior notes due 2031. According to a Dec. 4 announcement, the firm has secured approximately $835.1 million in net proceeds after deducting initial purchasers’ discounts and commissions. The offering involved $850 million of zero-coupon convertible senior notes due 2031, with an additional $150 million option granted to initial purchasers. The notes feature no regular interest or principal accretion and are convertible into cash, MARA common stock, or a combination of both at the company’s discretion.  The initial conversion rate is set at…

Pump.fun’s monthly revenue hit $93M in November, reflecting a 207% growth. The platform suspended its livestream feature amid concerns over harmful content. The memecoin market has experienced a remarkable resurgence in 2024, with platforms like Solana [SOL]-based Pump.fun leading the charge. According to DefiLlama, Pump.fun’s monthly revenue soared to an impressive $93 million in November, marking a 207% increase from October’s $30.5 million—a figure that was itself a record. This rebound follows a challenging period in August and September when the platform’s revenues dropped by an average of 29% each month. Pump.fun growth statistics analyzed As of the latest update,…

Free-to-play web3 video game Chainers announced a closed playtest for its multiplayer shooter, offering rewards in NFTs and CFB tokens. Chainers.io, which claims to have over 25 million NFTs distributed and a community of more than 350,000 players, aims to tap into web3 gaming momentum by offering a blockchain-based gaming experience that combines familiar mechanics with tokenized rewards. The free-to-play Minecraft-style MMORPG web3 video game, with its own sidechain powered by Polygon, has announced a closed playtest for its upcoming multiplayer shooter mode, dubbed “Chainers Arena Playtest.” The playtest, which will run from Dec. 5-6, will offer a select group…

Yeti Ouro (YETIO), an Ethereum-based ERC-20 token, is gaining widespread attention as it approaches a huge milestone in its presale phase. With almost 77% of the first stage of the presale already completed, the project has raised an impressive $923,210, nearing the crucial $1 million milestone. This strong momentum shows growing interest in the Yeti Ouro ecosystem, which combines the viral appeal of meme coins with solid utility-driven initiatives. Yeti Ouro Redefines The Meme Coin Space Yeti Ouro aims to revolutionize the meme coin space by integrating advanced blockchain features with a fun, community-driven approach. Unlike traditional meme coins, Yeti…

Russian President Vladimir Putin has made headlines with his recent remarks on using Bitcoin and the need for his country to reconsider its reliance on foreign currency reserves.  Russian President Emphasizes Bitcoin’s Role  Speaking at an investment conference in Moscow, Putin argued that the current geopolitical climate, particularly following the West’s freezing of approximately $300 billion in Russian reserves due to the Ukraine conflict, raises legitimate questions about the wisdom of holding state reserves in foreign currencies. Putin emphasized that the ease with which these assets can be confiscated for political reasons makes domestic investments in infrastructure, logistics, science, and…

1. Department of Government Efficiency (DOGE(GOV))Performance Highlights:All-Time High (ATH): $0.545 in November24-hour increase: 46%DOGE(GOV) has surged due to heightened interest in the upcoming U.S. Presidential Elections. Its association with Elon Musk and Donald Trump has created a unique buzz. Musk’s appointment as head of the Department of Government Efficiency under Trump’s anticipated administration has fueled this hype.Future Outlook:Could breach $1, provided the current momentum is maintained.Political news and endorsements could further boost its popularity.Risks:High dependence on political events.Unpredictable market conditions might disrupt the upward trend.2. Bonk (BONK)Performance Highlights:ATH: $0.00006230 earlier this month.Current Price: $0.00004607BONK, a Solana-based meme coin, benefits from…

Ethereum community friends, We’re excited to share that the Devcon Supporter Program, which explores new ways to fund Ethereum-related public goods and impactful projects, is BACK for Devcon 7 in SEA. Originally launched at Devcon VI in Bogotá as an alternative to traditional event sponsorships, we’re excited to share more information about this year’s Supporter Program ahead of our journey to Southeast Asia! Inclusivity by design The Devcon Supporter Program is for everyone. When applying, you’ll be able to select to participate either as a Supporter or as an Impact Team. Which is which? If you are a Supporter, seeking…

The Legacy of Daimakyo and the Birth of Daizen In November 2024, the NFT space witnessed a groundbreaking debut with the launch of the Genesis collection, “Daimakyo” on the Apechain blockchain. This marked the start of an artistic journey intertwining storytelling, technology, and digital artistry. Building on that innovative foundation, the Daizen collection emerges, offering 888 exclusive NFTs that promise to redefine sophistication and narrative depth within the Web3 universe. What is Daizen? Daizen isn’t just another NFT drop; it’s a multiversal narrative experience. Each NFT within the collection encapsulates a unique character, complete with interconnected backstories. Drawing visual inspiration…

Solana’s Frankendancer upgrade, which incorporates elements of the Firedancer validator client, is live on the network’s Mainnet. Network validator Jump Crypto gave a live demo of this upgrade at the ongoing 2024 Solana Breakpoint conference. This provides a bullish outlook for the SOL price, which is already enjoying a bullish reversal.Solana Frankendancer Upgrade Goes LiveJump Crypto showed proof of life of the Frankendancer on the mainnent at the Solana Breakpoint conference. Github data also indicates that the network upgrade is ready for mainnet release, with validators set to adopt the network upgrade. The Solana Frankendancer is a major step in…