Author: Yeek.io

Immutable X token rallied as high as 56% today, driven by buzz around a potential mega partnership and Bitcoin’s strong upward momentum. According to data from crypto.news Immutable X (IMX), a Layer-2 network focused on gaming and NFTs, surged to an intraday high of $0.687 on April 23, nearly 100% higher than its lowest level this month. Its market cap has climbed to around $1.16 billion, and trading volume has exploded by more than 760% to $432 million, signaling a wave of new buying activity. The price rally was supported by a sharp rise in trading activity in IMX’s derivatives…

Bitcoin has surged to $94,000, fueled by a confluence of bullish macroeconomic signals and robust market activity. With open interest shattering records and institutional inflows pouring in, the cryptocurrency market is buzzing with optimism, signaling potential for a sustained upward trajectory.Bitcoin Recovery with the Open Interest Breaking RecordsToday, with the green color spreading over the market after Trump’s speech, Bitcoin’s price BTC skyrocketed to $94,000, its highest level in recent weeks, marking a significant recovery from its previous close of $84,400.Source: TradingViewThis rally aligns with unprecedented market activity, particularly in derivatives. Open interest, the total value of unsettled futures contracts,…

Homepage > News > Business > Paul Atkins officially sworn into office as SEC chairman The United States Securities and Exchange Commission (SEC) announced that Paul Atkins was officially sworn into office as the 34th chairman of the commission. Atkins, a vocal supporter of the digital asset space, was nominated by President Donald Trump on January 20, 2025, and confirmed by the U.S. Senate on April 9, 2025. “I am honored by the trust and confidence President Trump and the Senate have placed in me to lead the SEC,” said Atkins. “As I return to the SEC, I am pleased to join with my…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In just five years, stablecoins have grown from niche instruments to a $250 billion market. These digital assets now form essential infrastructure for crypto adoption, enabling transactions and providing the foundation for DeFi protocols. Yet, beneath this growth lies a troubling reality: dominant stablecoins carry hidden risks that contradict crypto’s foundational principles. Recent history tells a cautionary tale. When TerraUSD collapsed in 2022, it erased billions overnight. Meanwhile, Tether’s (USDT) peg has wavered during market stress, and…

Since its launch in January 2025, the TRUMP token has quickly become a focal point in the crypto investment space, attracting both interest and skepticism from the market. With its highly volatile price movements and strong political undertones, the key question remains: can this politically charged token sustain its appeal and achieve long-term growth?Currently, TRUMP is trading around $8 – down more than 90% from its all-time high of approximately $75, when its market capitalization briefly approached $30 billion.As of the end of April 2025, its market cap has dropped significantly to around $1.67 billion. This sharp decline has raised…

Investments in Bitcoin exchange-traded funds (ETFs) rebounded to levels last seen in January, signaling a recovery in investor sentiment from concerns about global trade tariff escalations.US spot Bitcoin (BTC) ETFs had over $912 million worth of cumulative net inflows on April 22, marking their highest daily investment in more than three months since Jan. 21, Farside Investors data shows.Bitcoin ETF Flow, millions. Source: Farside Investors“Bitcoin ETPs just saw the largest daily inflows since 21st January in a dramatic improvement in sentiment,” according to James Butterfill, head of research at CoinShares.Related: Bitcoin still on track for $1.8M in 2035, says analystInvestor…

Monad has partnered with Chainlink to integrate its oracle services as its mainnet launch looms. Monad, an EVM-compatible Layer 1 blockhain, has announced a partnership with a leading decentralized oracle provider Chainlink (LINK). When the mainnet launches, developers on Monad will have immediate access to Chainlink’s full suite of Web3 services, including Data Feeds, Data Streams, and the Cross-Chain Interoperability Protocol. Thanks to Chainlink’s Data Feeds and Data Streams integrations, Monad developers will be able access accurate, tamper-proof market data—such as asset prices and exchange rates—enabling them to build DeFi apps like lending platforms and DEXs. Chainlink’s CCIP will enable…

Crypto market maker DWF Labs is partnering with Mask Network in a $5 million token deal to push decentralized social media into the mainstream. Cryptocurrency market maker and investor DWF Labs has invested $5 million in Mask Network, a decentralized social platform bridging web2 and web3, as part of its push to support user-owned internet technologies. In a Wednesday blog announcement, DWF Labs’ managing partner Andrei Grachev explained that the decision to back Mask Network comes as the project “has consistently demonstrated both vision and execution in this space.” Following the announcement, the price of MASK (MASK) rose 14% to…

Cantor Fitzgerald is reportedly preparing to launch a multibillion-dollar Bitcoin investment vehicle in partnership with SoftBank, Tether and Bitfinex, as institutional interest in digital assets intensifies under the pro-crypto stance of the Trump administration. The initiative comes at a moment when Bitcoin continues to trade near historic highs and investors seek exposure to the next phase of the cryptocurrency cycle.The Financial Times reported Wednesday that the deal would see the creation of a new entity called 21 Capital, backed by $3b worth of Bitcoin contributed by the crypto firms. Tether would contribute $1.5b in Bitcoin, while SoftBank would add $900m…

Decentralization reached a significant milestone for DeFiChain with the recent transition of its Light Wallet app.Previously one of the remaining centralized aspects of the network, the Light Wallet on the Apple Store has now been officially handed over to the community, specifically to a dedicated group around the Dex Trading Live (DTL) team. Why the Light Wallet MattersThe DeFiChain Light Wallet is an essential tool for users to manage digital assets, swap tokens, and actively participate in decentralized finance (DeFi) activities.By transferring control of this critical infrastructure to the community, DeFiChain takes a decisive step towards achieving its vision of a…