Author: Yeek.io

Whales are aggressively buying DOGE, accumulating over 800M tokens Despite a hike in buying pressure from large entities, a bearish crossover might raise concerns Since recovering to hit a local high of $0.16 on the charts, Dogecoin [DOGE] has struggled to maintain any upward momentum on the charts. In fact, over the last 48 hours alone, the memecoin dropped from $0.16 to a local low of $0.157. At the time of writing, Dogecoin was trading at $0.159 after a 2.71% 24-hour decline. Source: Santiment These struggles on Dogecoin’s price charts have created a buying window, especially for large entities. Hence,…

Quick take: The Trump organisation’s portfolio of crypto projects already includes NFT collections, a memecoin, a stablecoin, a mining firm and the DeFi venture World Liberty Financial. Bill Zanker, a longtime pal of Trump who helped the President launch his memecoin and NFTs, is reportedly behind the crypto game. Kevin Mercuri, a spokesperson for Zanker, confirmed to Fortune about an upcoming crypto game set to launch in late April but denied it was similar to Monopoly Go. The Trump organisation is reportedly about to reveal its next major crypto venture, according to Fortune. Citing two separate sources familiar with the…

Circle will deploy its stablecoin, cross-chain transfer protocol, and wallet on layer 1 blockchain Monad’s mainnet when it goes live. Circle and Monad Foundation have announced that USDC (USDC), the $60 billion stablecoin natively available on most blockchains in the crypto space, will go live on the Monad chain on day 1 of the mainnet. Monad, an L1 blockchain that aims to bring parallel execution to the Ethereum (ETH) Virtual Machine with 10,000 transactions per second, is currently in testnet. As well as the stablecoin, Circle plans to bring its CCTP v2 and Circle Wallets to the blockchain network’s developer…

After the catastrophic 93% price crash in MANTRA (OM) token price, the total value locked (TVL) on Mantra’s RWA-focused blockchain protocol has surged by over 500% within just two days. As per DeFillama data, Mantra’s TVL rose over 500% and reached 4.21 million OM (approximately $3.24 million) in a sudden spike as investors rushed to buy OM token at discount price and stake it on the protocol for expelled rewards. Source: DeFillamaThe spike in TVL came amid chaos in the market as OM’s price plummeted to weekend lows due to what the Mantra team described as “reckless forced liquidations” executed by centralized…

As crypto investors scan the market for high-upside opportunities, attention has turned to a mix of emerging projects and familiar tokens. The PI coin price has started to show early strength, driven by community momentum and renewed interest in mobile mining adoption. At the same time, Stellar (XLM) price analysis reveals signs of a potential breakout as on-chain activity spikes and key technical indicators align. But while both assets offer promising narratives, BlockDAG has established itself as the leading crypto to buy now, combining a 600% presale bonus with an already confirmed 2,380% surge. With $214 million raised, a live Beta…

Key Takeaways: Defense lawyers say the deportation warnings contradict court-ordered conditions requiring the men to stay in Washington state. The defendants plan to ask for time served and return to Estonia after sentencing. Their attorneys raised concerns about miscommunication between DHS and the court. Two Estonian men who pleaded guilty to running a large-scale crypto fraud scheme say U.S. immigration authorities have ordered them to leave the country in defiance of a federal court’s instructions.In a letter to the court on April 11, attorneys for Sergei Potapenko and Ivan Turogin said both received emails from the Department of Homeland Security…

Key Takeaways: Ethena Labs’ exit from Germany and withdrawal from MiCAR approval is part of the mounting regulatory hurdles facing stablecoin issuers in the EU. The company’s swift migration of users and operations to its British Virgin Islands entity shows how crypto firms adapt by shifting jurisdictions to maintain business continuity amid local crackdowns. BaFin’s enforcement action and concerns over unregistered securities are part of a new era of strict oversight, pushing crypto innovators to rethink their European strategies and compliance models. Ethena Labs, the crypto firm behind the synthetic stablecoin USDe, announced on April 15 that it will shut…

Web3 anime-themed franchise Final Bosu has completed a rapid sellout of its public mint, with all 3,445 NFT claimed just six minutes after the sale opened on Monday, April 14 at at 15:00 UTC.This followed two prior pre-order phases in March, where early supporters were able to reserve NFTs at a lower price of $180. Participants from those phases, along with holders of the earlier Bosu Legacy NFTs, can now also claim their NFTs.Held on Abstract, the sale used a first-come, first-served model priced at 0.134 $ETH ($220) each. Source: Final BosuWhat is Final Bosu?Final Bosu is an independent web3…

Homepage > News > Business > Last Week in AI: OpenAI vs Musk legal feud escalates; IEA report OpenAI, the company behind ChatGPT, fired back last week with a countersuit against Elon Musk—marking another chapter in what has become a very public legal battle between Elon Musk, Sam Altman, OpenAI, and a select few others. Musk has been at war with OpenAI and CEO Sam Altman for nearly a year now, accusing the company of abandoning its original mission. Musk’s original lawsuit centers on claims that OpenAI violated its founders’ agreement and broke away from its original nonprofit roots in…

Mantra’s collapse this week is raising questions about the project’s future, but also about the impending risks of low liquidity for other DeFi platforms. Analysts are still examining the Mantra (OM) collapse, which wiped out $5 billion of the token’s value. A recent report by Kaiko, published on Monday, April 14, examines the liquidity conditions that led to the crash. According to Kaiko, low liquidity, compounded by long liquidations, was likely one of the reasons behind the crash. A large price drop overwhelmed the markets, leading to a collapse in market depth from $290 million to just $473,000. Mantra hourly…