Author: Yeek.io

Solana is back in the spotlight as it reclaims the $180 mark for the first time since mid-February amid rising decentralized finance metrics. Thanks to a solid technical setup and growing interest in its DeFi ecosystem, the price has increased 6% over the last day and 22% over the last week. Solana’s (SOL) open interest has also risen by 11.08%, as per Coinglass data. This implies that there are more traders entering the market with new contracts, which usually indicates growing investor confidence. According to DeFiLlama data, Solana’s total value locked increased from $7.5 billion at the beginning of May…

GDC plans to raise $300 million to build a crypto treasury with Bitcoin and TRUMP tokens. Solana pushes for on-chain equity, rivaling traditional exchanges like Nasdaq and NYSE. GD Culture Group (GDC) has announced plans to raise up to $300 million for a cryptocurrency treasury reserve. The Nasdaq-listed firm operates in livestreaming, e-commerce, and AI-driven digital human technology. It revealed the funding initiative through a stock purchase agreement with a British Virgin Islands-based entity. According to its statement on the 12th of May, proceeds will be used to acquire leading digital assets. These assets include Bitcoin [BTC] and the Official Trump…

In another major move, today a proposal has been raised for the acquisition of Derive, a leading decentralised options platform and former Synthetix ecosystem project. The transaction, outlined in SIP-415, marks a major step in consolidating product, talent and token economy into a single, unified derivatives protocol on Ethereum mainnet.Pending approval by the Spartan Council and Derive governance, the deal will be structured as a token exchange at a 27:1 DRV-to-SNX ratio, valuing the deal at approximately $27 million USD. To facilitate this, Synthetix will issue up to 29.3 million SNX tokens (3-month lock-up and 9-month linear vesting) in order…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Ethereum price has crossed the $2,400 mark for the first time since March of this year, marking a significant recovery for the second-largest cryptocurrency by market capitalization.  This surge represents a remarkable 50% increase over the past month,…

Ethereum is following the broader crypto market rally with renewed momentum, registering a 38.2% increase in the past week. At the time of writing, ETH is trading above $2,400, continuing its upward trajectory and narrowing the gap between its current price and its all-time high of $4,878 recorded in 2021. The asset’s recent performance has placed it firmly in line with Bitcoin and other major cryptocurrencies, benefiting from revived market confidence. On-chain activity is also beginning to reflect these price movements, especially among Ethereum stakers. According to data shared by CryptoQuant contributor Carmelo Alemán, Ethereum stakers have returned to a…

If you’ve been in the crypto space for a minute, you’ve probably heard about Bitcoin halving, but it’s not exactly the clearest concept. While it’s integral to the Bitcoin blockchain and Bitcoin mining, it’s not uncommon for novice users to have no idea what it is. If you’ve been wondering what Bitcoin halving is, you’re in the right place.We’re going to dig into exactly what a halving event is, when Bitcoin halving occurred in the past, and even when the next upcoming Bitcoin halving may happen. Along the way, we’ll look at how halving events impact the Bitcoin market price…

As of May 2025, Bitcoin (BTC) continues to demonstrate its dominance in the cryptocurrency market, outpacing traditional fiat currencies like the US dollar (USD) in multiple metrics. A recent advertisement from Coinbase highlighted that, in contrast to the limit of Bitcoin supply, the Fed prints out new dollars every day. If Bitcoin is not a true store of value, what should it be?JUST IN: Coinbase releases new #Bitcoin commercial showcasing how much fiat is being printed out of thin air 👀♾/ 21 million pic.twitter.com/Ar2UNfpdDF— Bitcoin Magazine (@BitcoinMagazine) May 12, 2025No Limit on The USD Money SupplyThe Federal Reserve expands the money…

  Amid price correction, 75.08% of traders on Binance are long on DOGE. DOGE could soar by 20% if it closes a daily candle above the $0.255 level. After a notable 50% rally, Dogecoin [DOGE] appears to be consolidating near the key resistance level of $0.25 for the past three days. This ongoing consolidation is attracting significant attention from traders and investors, as reported by on-chain analytics tools Coinglass and IntoTheBlock. Whale activity soars 41%, bullish signal? IntoTheBlock data shows that Dogecoin’s large transaction volume—often tied to whale and institutional activity—has surged 41.12% in the past 24 hours. This sharp…

When it comes to blockchain applications, DeFi is one of the most prominent. Short for decentralized finance, DeFi has grown exponentially over the last few years, with billions of dollars spent and invested thus far and more prominence in the mainstream than ever before.Despite all of this, it is clear that the DeFi space is ruled by Ethereum and Ethereum killer tokens, leaving Bitcoin mostly on the sidelines. But some enthusiasts speculate that we could see the rise of Bitcoin in DeFi spaces in the next few years. But is this possible?An Introduction to DeFiDecentralized finance, at its core, essentially…

Less than 24 hours after Rohun Vora – better known as Frank DeGods, announced his resignation as CEO of DeLabs, the company behind the high-profile NFT projects DeGods and y00ts, the NFT market witnessed a sharp and unexpected price surge.Both collections, DeGods and y00ts, saw increases in trading volume and floor prices across Ethereum and Solana. This wasn’t just a simple price rebound, but rather a vivid sign that sometimes communities respond more positively when an outsized personal influence steps away from a project.A Surprise Move, but Not a ShockFrank DeGods, whose real name is Rohun Vora, is the founder…