Author: Yeek.io
Bitcoin and XRP posted gains, while Ethereum and Dogecoin dragged Grayscale portfolios lower over the year. Memecoins like Dogecoin lost appeal, with the sector declining 44.3% year-to-date. The crypto market regained momentum following a prolonged downtrend, with its press time valuation going to $2.96 trillion. Remarkably, it hovered just $40 billion shy of its previous peak of $3 trillion. Crypto assets such as Bitcoin [BTC], Ethereum [ETH], Ripple [XRP], and Dogecoin [DOGE] have maintained their positions in the market, contributing to the market’s growth. However, Grayscale, an institutional investment platform for traditional finance investors, revealed that only a few of…
WIF is roaring back, up 62.83% in just a week. $1 isn’t just a dream anymore – it’s starting to feel inevitable. dogwifhat [WIF] was looking like it might be headed for a Mantra [OM]-style disaster, dropping 95% to $0.20 from its $4.80 high. But just when it looked doomed, the bulls showed up swinging. In just a week, WIF has bounced 62.83%, and the cavalry might not be done yet – around 3,000 fresh wallets have jumped in since the bottom. Sure, RSI’s heating up and there’s 50%+ unrealized profits floating around, but the vibe’s still bullish. If anything,…
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. Ethereum is now holding above critical support levels after a volatile few weeks, but it continues to struggle with reclaiming key resistance zones. Bulls have managed to regain some momentum, helping ETH stabilize above the $1,700 level. However, to…
Solana decentralized finance (DeFi) protocol Loopscale has temporarily halted its lending markets after suffering an approximately $5.8 million exploit. On April 26, a hacker siphoned approximately 5.7 million USDC (USDC) and 1200 Solana (SOL) from the lending protocol after taking out a “series of undercollateralized loans”, Loopscale co-founder Mary Gooneratne said in an X post. The exploit only impacted Loopscale’s USDC and SOL vaults and the losses represent around 12% of Loopscale’s total value locked (TVL), Gooneratne added. Loopscale is “working to resume repayment functionality as soon as possible to mitigate unforeseen liquidations,” its said in an X post. “Our team is fully mobilized…
On-chain metrics signaled a potential sell-off brewing beneath the surface. Traders remained over-leveraged between $13.09 and $15.19. The Official Trump [TRUMP] memecoin has been making waves with its impressive upside rally. The memecoin soared over 70% in a few days, hitting a crucial $15 mark. Naturally, exchanges also recorded $28.51 million in inflows, hinting at brewing sell pressure. Market sentiment and TRUMP price momentum The price boom, of course, followed news that TRUMP’s top 220 holders could join a private gala with the president. Scheduled for the 22nd of May, the announcement triggered a breakout beyond multiple resistance levels. At…
US federal prosecutors have asked a district judge to sentence Avraham “Avi” Eisenberg, the crypto user convicted of the $110 million exploit of the decentralized exchange Mango Markets in 2022, to at least six and a half years behind bars.Ahead of Eisenberg’s May 1 sentencing hearing, US prosecutors are petitioning US District Judge Arun Subramanian for Eisenberg to face between 78 and 97 months in prison, according to an April 22 filing in a New York district court.Prosecutors argue it’s an appropriate sentence for Eisenberg’s April 2024 conviction for committing wire fraud, commodities fraud and commodities manipulation in connection with…
The DePIN project Grass (GRASS) is gaining strong attention from the investor community. Having already been featured on Binance Alpha, entered the “Vote to List” campaign, and delivered impressive market performance across several major exchanges, GRASS is emerging as one of the top contenders for an official Binance listing in the near future.What is Grass?Grass, developed by Wynd Network and deployed on Solana, operates through a model that allows users to share their unused internet bandwidth via a browser extension or node device. In return, they earn GRASS tokens. They use the collected bandwidth for large-scale web scraping, which fuels…
South Korean exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) tokens after it was flagged by the Digital Asset Exchange Alliance (DAXA) for potential risks.DAXA, the self-regulatory organization establishing industry standards for South Korean exchanges, designated SNX as a cautionary item. Assets receiving this designation typically undergo rigorous evaluations to determine whether trading can continue or if delisting is necessary.Exchanges may take action, such as adding a warning tag to the asset and urging investors to take caution when engaging with it. Trading platforms can also perform additional measures, like blocking deposits or suspending trading support temporarily. Upbit and Bithumb…
The search for the leading new crypto presale is heating up, and investors are scrambling to secure their spot in projects with high potential before prices skyrocket. As fresh opportunities roll out, a few standout names are dominating conversations. From major price rollbacks to unique utility-driven ecosystems, these presales are shaping up to be the year’s biggest opportunities. Here’s a closer look at the hottest projects investors are rushing to join right now.1. BlockDAG: The Presale Powerhouse with Record GrowthBlockDAG is creating serious FOMO in the crypto community. Entering presale batch 27, BlockDAG has rolled back its token price to an…
United States Senator Jon Ossoff expressed support for impeaching President Donald Trump during an April 25 town hall, citing the President’s plan to host a private dinner for top Official Trump memecoin holders. “I mean, I saw just 48 hours ago, he is granting audiences to people who buy his meme coin,” said Ossoff, a Democrat, according to a report by NBC News. “When the sitting president of the United States is selling access for what are effectively payments directly to him. There is no question that that rises to the level of an impeachable offense.”Senator Ossoff said he “strongly” supports impeachment…