Author: Yeek.io
The cryptocurrency market faced a turbulent start to the week, with Bitcoin (BTC) leading a broad sell-off that wiped out $700 million in long positions and sent major altcoins like Dogecoin (DOGE) and Cardano (ADA) tumbling by as much as 7%. The downturn, reported by CoinDesk on May 13, 2025, reflects a cooling of risk appetite among traders, driven by macroeconomic uncertainty and shifting capital flows. Here’s a deep dive into today’s market dynamics, price movements, and the forces shaping the crypto landscape.Sell the news action hit bitcoin today, which pulled back below $102K after challenging $106K hours ago. Further underperformance…
LAUNCHCOIN, a token associated with the SocialFi platform Believe, rallied as high as 500% today amid ecosystem growth. Formerly known as PASTERNAK, named after Believe founder Ben Pasternak, Launch Coin on Believe (LAUNCHCOIN) hit an all-time high of $0.093 on May 13 during the afternoon Asian trading hours. Its market cap climbed past $81 million as of writing. Fueling the surge was a sharp spike in trading activity. CoinGecko data shows that daily volume soared over 500% compared to the previous day.. The community widely expects LAUNCHCOIN to become the official native token of the Believe platform, though no formal…
DeFi Development Corp. (DFDV), a Nasdaq-listed firm formerly known as Janover, has made headlines with its aggressive pivot into the cryptocurrency space, particularly through its substantial investment in Solana SOL.Deep Focus on SolanaOn May 12, 2025, DeFi Development announced a $23.6 million purchase of 172,670 SOL tokens at an average price of $136.81, pushing its total Solana holdings to 595,988 tokens, valued at nearly $105 million.1/ We just made our BIGGEST $SOL purchase yet! 🚀Today, we announce that DeFi Dev Corp. has purchased another 172,670 $SOL ($23.6M) as part of our crypto-forward treasury strategy.Total treasury holdings have officially surpassed $100M…
Dive into the world of blockchain with Dr. Weijia Zhang, EEA Regional Head of China and Vice President of Engineering at Wanchain Foundation, in our latest podcast episode! With over 30 research papers, 20 patents, and a knack for turning complex smart contracts into “coding poetry,” Zhang shares his journey from Tsinghua University to pioneering cross-chain interoperability, connecting Bitcoin, Ethereum, and 16+ other blockchains. Discover how Wanchain’s decentralized bridges are revolutionizing DeFi and why education is the key to unlocking blockchain’s potential. You can also listen to our podcast on Apple Podcasts, Spotify, and Deezer. Anthony Patrick: Hello again, welcome to the latest…
In a bold move underscoring its unwavering commitment to Bitcoin BTC, Strategy, led by Michael Saylor, acquired 13,390 BTC for approximately $1.34 billion between May 5 and May 11, 2025. $1.34B Bitcoin Adding to TreasuryThis purchase, detailed in a filing with the U.S. Securities and Exchange Commission on May 12, comes as Bitcoin’s price surged past the psychological $100,000 mark, reinforcing Strategy’s position as a leading institutional Bitcoin holder. The acquisition, made at an average price of $99,856 per Bitcoin, brings the company’s total holdings to 568,840 BTC, further solidifying its Bitcoin treasury strategy.Strategy has acquired 13,390 BTC for ~$1.34 billion…
RDAC, the native token of Redacted, a Web3 startup accelerator and ecosystem supporting early-stage blockchain projects, is set to be listed on Binance Alpha following an exclusive TGE campaign hosted through the platform. In a May 12 official announcement, Binance revealed that RDAC will be available for trading on Binance Alpha, a spotlight section within crypto exchange Binance designed to highlight early-stage or trending crypto projects to users on May 13, 2025, at 10:00 AM UTC. Prior to the listing, the exchange will hold an exclusive TGE campaign hosted through Binance Alpha where Alpha users who meet a certain Alpha…
Wondering if XRP is a good investment in 2025? Discover everything you need to know about XRP‘s price outlook, technology, risks, and investment potential in this in-depth guide.About XRPXRP, the native cryptocurrency of the XRP Ledger developed by Ripple Labs, has long been one of the most debated digital assets in the crypto world. While some see it as a bridge currency for global remittances, others dismiss it due to its prolonged regulatory struggles with the U.S. Securities and Exchange Commission (SEC). Now in 2025, with Ripple’s expanding partnerships and a clearer legal status, many investors are reassessing the core…
Willemstad, Curaçao, May 12th, 2025, Chainwire “Canelo chooses victory, while 1win chooses the best!” said the owner and CEO of 1win.com. 1win.com proudly announced its global partnership with boxing superstar Canelo Álvarez. The news comes after Álvarez’s high-stakes historic IBF super middleweight title win. On May 3, 2025, Álvarez delivered a commanding performance, reclaiming the IBF belt and solidifying his status as the undisputed super middleweight champion. Already holding the WBA, WBC, and WBO titles, Álvarez’s victory marks a major moment in boxing history—one that 1win.com is thrilled to be part of. With this deal, 1win.com steps into Canelo’s corner…
Tron has officially surpassed Ethereum in total circulating USDT, marking a major shift in the stablecoin space. According to a May 12 post by CryptoQuant contributor Maartunn, on May 6, Tron’s (TRX) USDT supply reached $73.8 billion, exceeding Ethereum’s (ETH) $71.9 billion. Tron is now leading in USDT issuance for the first time after almost two years of steady growth, propelled by cheap fees, quick settlement times, and a stable network. TRON $73.8B USDT Supply Overtakes Ethereum’s USDT Supply“For the first time ever, the total supply of USDT on TRON (TRC-20) surged past that on Ethereum (ERC-20), reaching $73.8B versus…
In the fast-paced world of crypto, traders are always looking for new ways to gain an edge. One of the most effective approaches is through crypto arbitrage strategies. By taking advantage of price differences between exchanges, arbitrage allows traders to profit from market inefficiencies without needing to predict long-term market trends. These opportunities can appear frequently, especially during times of high volatility.Although the concept is straightforward: Buy low on one exchange and sell high on another, successful execution depends on speed, timing, and understanding the risks involved. In this guide, we break down the essentials of crypto arbitrage and highlight…