Author: Yeek.io

Hyperliquid, a decentralized exchange (DEX) specializing in perpetual futures, has marked a record-breaking open interest of $4.9 billion, a significant all-time high milestone for the platform. Amid the bullish market sentiment, this achievement underscores the growing traction of decentralized finance (DeFi) platforms in the crypto industry with the surge in open interest sparking excitement within the crypto community. Open interest, which represents the total value of outstanding derivative contracts, reflects heightened trading activity and liquidity on Hyperliquid’s Layer 1 blockchain, known for its zero gas fees and high-speed transactions.Hyperliquid’s token, HYPE, has also seen a remarkable surge of 100% in the past…

Bulls are stepping into PEPE again as it sets up to record a market breakout to the upside. A whale has accumulated 500 billion PEPE, fueling its potential to see a rally. Pepe [PEPE] has been on the upside in the past 24 hours, gaining 11.38%, placing it among the top gainers, according to data from CoinMarketCap. The rally for PEPE is likely just beginning, potentially multiplying its current daily gain tenfold, based on analysis of technical indicators and the chart pattern. A breakout on the horizon on the chart AMBCrypto’s analysis of the chart showed that the current price…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. It’s 2025, and nearly half of the world still doesn’t have adequate extreme weather alert systems. Seriously, some parts of the world are pretty much completely left in the dark—that’s according to the World Meteorological Organization. Such statistics should worry everyone. As storms grow more violent and unpredictable (yes, the rise in greenhouse gases has increased the frequency and intensity of extreme weather events), the ability to forecast and act on severe weather isn’t a luxury—it’s a…

Predicting the next major narrative in crypto is always a challenging task, but those who succeed often reap massive rewards for being early. In 2024 and the early months of 2025, two asset classes have dominated the spotlight: meme coins and AI tokens. So which one is more likely to fuel the next wave of growth in the market?Meme Coins: The Rise of Internet CultureThe resurgence of meme coins became increasingly evident from mid-2024, particularly within the Solana ecosystem. Tokens like BONK, WIF, and more recently BOOP, have all experienced explosive growth. According to CoinGecko, the total market capitalization of…

Meme coins have been thrust into the spotlight once again as the controversial MELANIA token makes headlines once again. A Fortune report shows a group of traders that bought millions of dollars worth of MELANIA gained nearly $100 million in profits by selling the meme coin at its peak.  Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) rallied alongside Bitcoin (BTC) as the largest cryptocurrency beat the $100,000 milestone and climbed past the resistance on Thursday. DOGE, SHIB and PEPE’s price dipped slightly, down 2%, 1.60% and 3.51% on the day.  Dogecoin, Shiba Inu and Pepe rally The top three…

Hong Kong, May 9, 2025, | via Chainwire In a bold move that signals the next evolution in blockchain-powered consumer experiences, T-Rex, a purpose-built blockchain for entertainment, content, and online cultural virality, today announced it has raised $17 million in funding. The capital injection, accompanied by the creation of a dedicated Incubation Fund, aims to radically transform how online users are rewarded for everyday actions, while addressing persistent engagement issues within Web3 ecosystems. Slated to launch in Summer 2025, T-Rex’s innovative built-in distribution engine introduces a refreshingly simple, yet powerful concept: seamlessly rewarding people for the activities they already love…

Centrifuge, a leading tokenization ecosystem, experienced a significant expansion of its decentralized protocol over the last three months, culminating in a major spike earlier this week. The total value locked (TVL) of the Centrifuge Protocol rose from $237 million on Tuesday to a record $437 million as of this writing, as per DefiLlama. Centrifuge has been a leading real-world asset tokenization (RWA) platform for years, helping users tokenize assets through non-fungible tokens (NFTs) and DeFi tools. One of its flagship products is Tinlake, a decentralized open marketplace and investment venue for tokenized assets. The decentralized application enables users to tokenize…

Ethereum has officially completed the Pectra upgrade on its mainnet as of May 7, 2025. This is widely regarded as the most significant Ethereum upgrade since The Merge in 2022.How will the price of ETH react in the weeks and months ahead following this upgrade? This article will analyze the market impact and investor sentiment surrounding Pectra, based on the latest available data and developments.What Is the Pectra Upgrade?Pectra is the combined name for two simultaneous Ethereum upgrades: Prague (targeting the execution layer) and Electra (targeting the consensus layer). This hard fork incorporates a total of 11 Ethereum Improvement Proposals…

Ethereum has surged 20% in the past 24 hours, trading at $2,209 as of press time, in one of its sharpest short-term moves this year. The rally was backed by a sharp rise in trading activity, especially in the derivatives market, whose volume jumped 184%, as per Coinglass data. Open interest in Ethereum (ETH) futures has climbed 20% in the past 24 hours, signaling a wave of fresh capital entering the market. Rising open interest alongside price usually points to the start of a new trend, as traders build long positions rather than simply covering shorts. Meanwhile, more than $265…

Hong Kong, Hong Kong, May 9th, 2025, Chainwire Launching Summer 2025, T-Rex’s built-in distribution engine introduces a radically simple idea: rewarding people seamlessly for doing what they already love online. T-Rex, a purpose-built blockchain for entertainment, content, and cultural virality, today announced a $17 million fundraise and Incubation Fund to revolutionize online content publishing by seamlessly rewarding consumers for everyday interactions on social platforms such as YouTube, TikTok, or X (formerly Twitter) and reshape how consumer-facing decentralized applications (dApps) are discovered, published, distributed and scaled across Web3. Backed by strategic investors including Portal Ventures, North Island Ventures, Framework Ventures, Arbitrum Gaming…