Author: Yeek.io

Four new cryptocurrency-related bills were introduced in the Michigan legislature this week, covering public pension investments in crypto, mining, income tax exemptions, and restrictions on CBDC support. As of May 23, four new proposed legislations, House Bills 4510, 4511, 4512, and 4513, have been introduced in the Michigan legislature, marking a coordinated push to define the state’s approach to cryptocurrency. https://twitter.com/Bitcoin_Laws/status/1925295585718149632/?20 House Bill 4510, introduced by Representative Bill Schuette, seeks to amend Michigan’s Public Employee Retirement System Investment Act to allow the state treasurer to invest in cryptocurrencies. The bill restricts eligibility to digital assets with an average market capitalization…

Stake More, Earn More: 5 million SNX up for grabs with the re-launch of SNX stakingSynthetix is re-launching SNX Staking, featuring 5M SNX in incentives to rewards dedicated SNX holders and welcome a new wave of SNX enjoyooors. By staking SNX, depositors will not only secure a share of these substantial incentives but also gain access to future revenue distributions with the upcoming launch of Synthetix V4, alongside exclusive Exchange benefits. Stake today to be part of the next chapter of Synthetix’s future!What you need to knowStake SNX from now in the 420 Pool on Ethereum MainnetEarly exit incurs a…

Jupiter has just revealed plans to launch its advanced lending platform, Jupiter Lend, later this summer—sending its token JUP soaring 14% as investors welcomed the protocol’s expansion into DeFi lending. On May 23, Jupiter (JUP), a leading DEX aggregator on Solana (SOL), announced that it will launch its new lending product, Jupiter Lend, later this summer. https://twitter.com/JupiterExchange/status/1925614551162138901?t=_sj_hs8M-A7ABYFGEWJWyA&s=19 Jupiter Lend aims to be “most advanced money market on Solana,”, offering loan-to-value ratio as high as 90%. This is significantly higher than the typical 75% found on most crypto lending platforms. Th fees for using Jupiter Lend are expected to be as…

WIF saw its bullish momentum stalled at the $1.18-$1.2 resistance Liquidity around $1.2-$1.25 could drag WIF higher within a day or two dogwifhat [WIF] has rallied to the highs of its 10-day-old range formation. At a time when Bitcoin [BTC] was hitting new ATHs, the altcoin market has only kept pace with the king of crypto. In fact, many tokens have posted double-digit percentage gains over the past week. However, it’s worth noting that the major memecoins are not running wild yet. With this in mind, WIF’s challenge of the range highs might not see immediate success. The crypto market…

The Official Trump token is facing new volatility as Donald Trump doubles down on crypto, recently hosting a private dinner for the token’s biggest investors.  The token is trading at $14.47 as of press time, down 1.9% over the last 24 hours, though it’s still up 53% in the past month. Despite the recent momentum, it’s currently 80% below its January high of $73.43. On May 22, Reuters reported that Trump welcomed major TRUMP token holders to a black-tie event at his golf club in Sterling, Virginia. 220 investors attended the exclusive dinner. These attendees were the top holders of…

BONK’s bullish momentum was intact unless the price drops below key moving averages Short sellers may rejoin the market if BONK slips below $0.000018 BONK, at the time of writing, seemed to be in a great position to post extra gains, despite a +140% recovery since April.  Notably, the memecoin has maintained its uptrend on the charts, as shown by the rising channel (white). That’s not all though as the price action tagged key pivotal levels – A sign that the rally may be far from over.  BONK defends key support Source: BONK/USDT, TradingView On the daily chart, the 200-day…

Rewards are back for sUSD depositors! Infinex users who deposit sUSD from May 23rd, 2025 will be eligible to earn rewards and will be in the running for other onchain prizes. For those with sUSD already deposited, congratulations! You’ll continue to earn. If you’re not yet participating, we’ve put together everything you need to know.How to ParticipateFrom May 23rd, 2025, at 00:01 UTC, for six weeks, sUSD depositors and holders on Infinex will earn a pro-rata share of 12,000 OP tokens every week. Rewards accrue continuously and are distributed weekly.OP RewardsYields will vary based on the total value of sUSD…

Dogecoin began to climb higher after a retest of the $0.212 support level. The consolidation near the November lows, followed by a breakout, indicated a long-term uptrend was in play. Dogecoin [DOGE] saw a breakout from a 2-month range formation earlier this month. This breakout took the memecoin’s price to $0.26, just below the $0.264 resistance. Since January, Dogecoin has been in a downtrend. The bullish performance of Bitcoin [BTC] in the past six weeks has helped revitalize the leading memecoin, as well as the rest of the altcoin market. BTC was still leading the market, and altseason was not…

FARTCOIN rallied 23% in 24 hours, testing the $1.60 resistance zone after Bitcoin’s breakout past $111K. A top trader with a 70.59% win rate bought nearly $500K worth of FARTCOIN at a $1.52B market cap. Fartcoin [FARTCOIN] continues to maintain its upside momentum for the third consecutive day and is poised to rise further in the coming days. As of press time, sentiment across the crypto market remained positive, with Bitcoin [BTC] breaking past $111,000 for the first time. Current market sentiment This substantial growth in BTC’s price has primarily influenced other cryptocurrencies, which have also registered notable price surges.…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Given the growing bullish momentum across the general crypto market, Ethereum is showing early signs of an upward movement as it draws close to key resistance levels. While ETH is gaining traction, a crypto analyst underlined a particular price level where the altcoin could muster enough strength for its next major rally. Technical Level To Ignite Ethereum’s Rally Ethereum is preparing for a notable upward move following the renewed market surge, mainly triggered by Bitcoin’s significant growth in the past few days. Technical and on-chain analyst, Ali…