Author: Yeek.io
SEC punted on XRP and DOGE ETFs until mid-June. XRP’s market position was relatively strong, but DOGE was yet to reverse its downtrend. On the 20th of May, the U.S. Securities and Exchange Commission (SEC) delayed a decision on Grayscale’s spot Ripple [XRP] and Dogecoin [DOGE] ETF (exchange-traded funds). The regulator asked for additional time to review the applications and solicit public comments until the 17th of June. In April, the agency extended the deadline for similar applications for Bitwise DOGE ETF and Franklin Templeton’s XRP ETFs to mid-June. According to Bloomberg’s ETF analyst James Seyffart, the delays were expected,…
Quick take: World claims that more than 26 million people participate in the World Network and more than 12.5 million people have an Orb-verified World ID. The company plans to use the capital to meet the increasing demand for Orb-verified World IDs and support its expansion in the U.S. and beyond. World Network believes its technology will become even more necessary to help distinguish humans from machines in the age of AGI. World Network has raised $135 million in a token sale to Andreessen Horowitz and Bain Capital Crypto at the [prevailing market price. The decentralised ID protocol plans to…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum‘s ongoing bullish action hasn’t fully faded yet as the general crypto market builds momentum. While Ethereum’s price has displayed a brief surge, the network continues to show weakness in user engagement, even with recent key updates meant to boost the network’s performance and appeal. On-Chain Engagement With Ethereum Lagging A leading on-chain data analytics platform, Glassnode, shared a recent worrying report about the Ethereum network. ETH’s price may have displayed signs of resilience in the midst of ongoing market fluctuations, but the network activity tells a…
Maple Finance token retreated on Wednesday even after Bitcoin soared to a record high and the developers announced major changes to its network. Maple (SYRUP) price dropped for three consecutive days, reaching a low of $0.3460—down 9.40% from the year-to-date high of $0.3845. In a statement, Maple said it would consolidate all its institutional and permissionless offerings under the Maple brand. This change means that Syrup will no longer operate as a standalone protocol. Instead, its syrupUSDC asset will become a Maple product available to all eligible on-chain participants. The Blue Chip and High Yield Secured Lending offerings will continue…
VILNIUS, Lithuania, May 21st, 2025, Chainwire BTCC, one of the world’s longest-serving cryptocurrency exchanges, today announces the appointment of Dan Liu as its new Chief Executive Officer. Liu, who previously served as Chief Research Officer at BTCC, brings extensive expertise in both traditional finance and cryptocurrency markets to his new role. As BTCC approaches its 14th anniversary in June, Dan Liu’s appointment as CEO marks a new chapter for the exchange. Under his leadership, BTCC aims to build upon its legacy as the world’s most established crypto exchange while pursuing sustainable growth. This vision will carry BTCC confidently into the…
The exclusive Trump dinner for the top 220 meme coin holders is scheduled to take place on May 22 at 7:00 PM. Here are some of the names reportedly attending. According to an email sent to invitees, guests are expected to arrive at the Trump National Golf Club in Washington, D.C. around 5:30 PM local time, with dinner scheduled to begin at 7:00 PM. The dress code requires formal attire, including “Evening Dress for Ladies.” Before attending the invite-only dinner, all guests were required to pass a background check. According to a report from Bloomberg, the top 25 holders will…
The newest DFIP governance proposal marks a decisive advance in enabling native cross-chain asset movement. It taps into Crypto Factor’s INTERCHAIN infrastructure to seamlessly integrate wrapped crypto assets, streamlining transfers and enhancing interoperability across blockchains.A Four-Step Framework to On-Chain ListingsWith the integration of DMC support, DeFiChain users would then be able to move assets seamlessly between DeFiChain and other blockchains. This decentralised process, managed by Crypto Factor, ensures that the wrapped tokens (DATs) will maintain value and usability across both chains, offering real-time access to assets.Initiation by Economy SIG: The specialized Economy Special Interest Group (SIG) identifies a promising asset—say, Partisia’s…
Fartcoin was up 10.62% over the past 24 hours, at press time. The memecoin was seeing significant demand as buyers re-entered the market. Over the past day, Fartcoin [FARTCOIN] has made considerable gains on its price charts, rising from a local low of $1.18 to $1.359. At the time of writing, Fartcoin was trading at $1.34, marking a 10.62% increase in 24 hours. Before this surge, it retraced to $1.2, successfully testing the level before rebounding. Meanwhile, the memecoin’s derivatives market has turned bullish. Open Interest (OI) jumped by 17.62% to $616.28 million, indicating growing futures demand. This demand is…
KAITO price has surged 20% as it prints a second leg up as bullish momentum builds – is another 100% move on horizon? Kaito (KAITO) price is up 20% in the past 24 hours, currently trading at $2.19 with trading volume picking up 50%. The surge comes as the price appears to be printing another leg up after clustering in a tight range between $1.70 and $1.90 for about a week. That clustering followed a sharp rally between May 6 and May 10, during which KAITO surged from an opening price of $0.79 on May 6 to close at $1.98,…
Bonk, the second-biggest Solana meme coin after Trump Coin, may be at risk of a significant drop as whales and smart money investors reduce their positions. Bonk (BONK) was trading at $0.00002053 on Wednesday, down 20% from its monthly high. Data from Nansen and Santiment shows that both smart money investors and whales have trimmed their Bonk holdings, a potential signal that they expect a reversal in price. Bonk holders with between 1 million and 10 million coins have offloaded 500 million tokens since December. Similarly, wallets holding between 10 million and 100 million coins now hold 1.44 trillion tokens,…