Author: Yeek.io

Smart money outflows topped $5M as whale took a $1.98M contrarian bet. Bullish structure persists, but rising liquidations and negative funding hint at fading confidence. Fartcoin [FARTCOIN] faced intense selling, crashing 16.57% to $0.7592 in 24 hours. This steep drop follows a massive exit by smart money, which sold off over $5 million worth of the token in a single day. As a result, Fartcoin ranked as the most offloaded token by institutional and seasoned wallets.  However, in contrast to this wave of selling, a high-profile whale made a surprising move. Despite previously losing $701K on the token, the whale…

An Aptos community member submitted a proposal on April 18 to slash staking rewards for the network’s native token, Aptos (APT), by nearly 50%The proposal, submitted by a community member called MoonSheisty, aims at reducing reward yields from 7% to 3.79% in a three-month period, aligning Aptos staking rewards with other layer-1 blockchains and encouraging capital efficiency.The proposal has sparked curiosity on X, but early comments on GitHub show some initial resistance.A community member going by ElagabalxNode noted that reducing the staking reward without “compensatory mechanisms like a robust delegation program” could push smaller validators out of the network, thus…

MoonPay co-founder and CEO Ivan Soto-Wright has issued a formal letter to the U.S. Congress dated April 17, urging lawmakers to maintain a level playing field for both state and federal stablecoin issuers in upcoming legislation. Stablecoin rules shouldn’t play favorites.I’ve just sent a letter to Congress backing @CSBSNews’s push to keep state-regulated issuers in the game.The GENIUS & STABLE Acts should support fair competition, consumer protection, and innovation.My full letter:… pic.twitter.com/NxSnwj5NYt— Ivan Soto-Wright (@ivanhodl) April 18, 2025 Addressed to the leadership of the Senate Banking Committee and the House Financial Services Committee, the letter advocates for parity in the…

Arizona’s Digital Asset Reserve bill is heading to a final House vote after clearing the Committee of the Whole. On April 17, Arizona’s State Bill 1373, also referred to as the Strategic Digital Asset Reserve Bill, moved one step closer to becoming law after being approved by the full House in a preliminary review. SB 1373, also known as the Strategic Digital Assets Reserve Bill, proposes the creation of a fund composed of digital assets seized in criminal proceedings.  The state treasurer would manage the fund and be authorised to invest up to 10% of its total value in digital…

Homepage > News > Business > Ian Grigg on blockchain concepts, Triple Entry Accounting On this special episode of the CoinGeek Weekly Livestream, Kurt Wuckert Jr. welcomed legendary financial cryptographer and inventor of the Ricardian Contract, Ian Grigg. The conversation covered accounting, identity, and blockchain’s potential role in both. title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen=””> Welcome, Ian Grigg! Wuckert introduces Grigg, telling us how he was an early pioneer of the concepts many think are new in blockchain today. Grigg was involved in the early Internet and helped shape some of its culture…

The synthetic stablecoin sUSD, long pegged to the U.S. dollar and core to the Synthetix ecosystem, has dramatically lost its peg, falling as low as $0.68. What initially appeared to be a minor deviation has since spiraled into a month-long crisis, exposing deep structural vulnerabilities and unsettling the broader DeFi community. #PeckShieldAlert $sUSD has depegged, falling below $0.7 pic.twitter.com/e5FnOodSeV— PeckShieldAlert (@PeckShieldAlert) April 18, 2025 The root of the issue lies in the protocol’s transition to a new debt and collateralization mechanism under SIP-420, a change designed to improve capital efficiency that has inadvertently dismantled one of the key forces that…

Crypto investor sentiment took another significant hit this week after Mantra’s OM token collapsed by over 90% within hours on Sunday, April 13, triggering knee-jerk comparisons to previous black swan events such as the Terra-Luna collapse.Elsewhere, Coinbase’s report for institutional investors added to concerns by highlighting that cryptocurrencies may be in a bear market until a recovery occurs in the third quarter of 2025.Mantra OM token crash exposes “critical” liquidity issues in cryptoMantra’s recent token collapse highlights an issue within the crypto industry of fluctuating weekend liquidity levels creating additional downside volatility, which may have exacerbated the token’s crash.The Mantra…

EPT, the native token of Balance, an AI-powered Web3 gaming and social platform, is set to debut on Binance’s Alpha and Futures platforms next week. Binance’s announcement comes ahead of the project’s long-awaited Token Generation Event, which is expected to take place shortly before the listings go live.  While the exact timing hasn’t been confirmed, the Balance team hinted in an X post on April 14 that the TGE is “just around the corner.” As per Binance’s official announcement on April 18, EPT will go live on Binance Alpha on April 21 at 12:00 PM UTC. Binance Alpha is an…

Ethereum’s price was in a tight range this week as crypto investors remained on the sidelines and exchange-traded fund outflows rose. Ethereum (ETH) was trading at $1,580 on Friday, where it has remained throughout the week. It has risen by 14% from its lowest point this month. Ethereum continues to face many challenges, especially the rising competition from layer-2 networks like Base and Arbitrum (ARB). Other layer-1 networks like Sui (SUI) and Solana (SOL) have continued to gain market share in industries like decentralized finance and gaming.  Most tellingly, spot Ethereum ETFs have continued to shed assets this year. These…

The crypto market in April 2025 is buzzing with early-stage opportunities. But with so many tokens vying for attention, how do you separate hype from actual potential? The answer lies in identifying projects with working products, active presales, and strong fundamentals. These are the investments that deliver not just speculation, but scalable value. If you’re seeking short-term gains with long-term vision, these are the Leading 5 Cryptos to Watch in April 2025. Leading the pack are five standout tokens: BlockDAG, Web3Bay, Cold Wallet, Dragoin, and Web3 ai. Each is solving a unique problem in the Web3 space—whether it’s blockchain speed, e-commerce decentralization,…