Author: Yeek.io

Cryptocurrency traders are pleased as Bitcoin reclaims the $80K range today, but one project that stands out is Solaxy ($SOLX). It’s showing considerable strength as its ongoing token presale nears the $26 million total raised milestone.The project is raising funds to build the world’s first Solana layer 2 blockchain to make the network more scalable and user-friendly.With a use case that could revolutionize one of the world’s most popular blockchains, experts believe Solaxy is set for substantial price growth, with some saying it could see up to 1,000x gains.Currently, investors can buy $SOLX at its ground floor presale price of…

In this week’s newsletter, check out non-fungible token (NFT) gaming project Axie Infinity’s new trailer for its upcoming Web3 game, Atia’s Legacy. In other news, luxury fashion giant LVMH has been sued for NFT patent infringement, and NFT sales have tumbled by 63% since December 2024. Axie Infinity teases new Web3 game as NFT outlook turns positiveBlockchain gaming project Axie Infinity released a trailer for its new Web3 game Atia’s Legacy. The game is a massively multiplayer online (MMO) video game in the Axie universe. Axie Infinity developer Sky Mavis gave a sneak peek of the game’s next chapter, highlighting that…

One layer-1 altcoin is surging after a surprise listing by Binance, the world’s largest crypto exchange by trading volume. In a new announcement, Binance says that it is launching futures contracts with up to 75x leverage for Viction (VIC), formerly known as TomoChain. As the listing announcement went out, VIC exploded and is currently up 81% in the last 24 hours, trading for $0.36 at time of writing. With a market cap of $42.3 million, VIC is the 694th largest crypto project. Viction aims to create a network of apps on its blockchain by offering zero-gas transactions, enhanced security and…

Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.”Glassnode also projected a similar target in its March 11 market report. The onchain analytics firm said the recent sell-off had been triggered by the short-term holders who may have purchased near the peak in January. Glassnode added that Bitcoin could bottom out near $70,000 if selling persists.Crypto…

The US Securities and Exchange Commission may be preparing to end its enforcement action against Ripple Labs after more than four years.According to a March 12 X post from Fox Business reporter Eleanor Terrett, the SEC’s case against Ripple was “in the process of wrapping up” after the parties filed an appeal and cross-appeal, respectively, over a $125-million court judgment in August 2024. The civil case against the blockchain firm filed in December 2020 alleged Ripple and certain executives used XRP (XRP) as an unregistered security to raise funds.Ripple chief legal officer Stuart Alderoty told Cointelegraph on March 11 that…

Binance is expected to launch Viction Token ($VIC) on the Perpetual Market on 2025-03-12 at 17:00 (UTC).Token DetailsTotal Supply: 210,000,000 VICCirculating Supply: 120,220,000 VIC (57.2% of Total Supply)Viction (VIC) Perpetual Contract DetailsLaunch Time: 2025-03-12 17:00 (UTC)Ticker: VICCapped Funding Rate: +2.00% / -2.00%Funding Fee Settlement Frequency: Every Four HoursMaximum Leverage: 75xTick Size: 0.0001About VictionPrice change after the listing announcementImediately,  VIC experienced a remarkable jump at 133% in just 2 hours!Source: CoinGeckoAbout VictionViction is a rebranded project originating from TomoChain (TOMO), a blockchain developed since 2018. It utilizes a unique Proof-of-Stake Voting (POSV) consensus mechanism to power its operations, providing high speed,…

The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.In a statement shared with Cointelegraph, Rausis said that the US government will punish stablecoin issuers that do not comply with the new regulatory framework, similar to the European Union Markets in Crypto-Assets (MiCA) regulations. The executive added:“The government realizes that if they control stablecoins, they control financial transactions. Working with centralized stablecoin issuers means they can freeze funds anytime they want — essentially what a CBDC…

DOGE’s daily candle closed and reacted with a rebound from the key level given at $0.143, forming a lower wick low at $0.14297. DOGE key liquidation above current price between $0.16 — $0.17 as SEC extends the ETF decision. Dogecoin [DOGE]  daily chart confirmed a bounce off the key support at $0.143 with a lower wick at $0.14297. The rejection of price at this level suggested potential accumulation at this point. The recent red candles indicate continued downside momentum, suggesting that further downward tests are likely before a reversal occurs. While the latest green candle highlights short-term buying interest, DOGE…

  The SEC has delayed decisions on multiple altcoin ETF filings, extending reviews until May. Polymarket data showed rising approval odds for Solana, Ripple, Cardano, and Dogecoin ETFs. Despite growing anticipation for altcoin ETF approvals in 2025, the U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on multiple filings. SEC delays ETF approval In a series of notices issued on the 11th of March, the agency announced it would take additional time to review proposed rule changes for Ripple [XRP], Solana [SOL], Litecoin [LTC], and Dogecoin [DOGE] ETFs. Grayscale’s XRP ETF and Cboe BZX Exchange’s spot…

Bitcoin, Ethereum, and XRP face carnage in response to Trump’s policies and announcements. The total market capitalization of crypto is down to $2.784 trillion on Wednesday.  Bitcoin’s correlation (BTC) with the S&P 500 is 0.75 in the 30-day timeframe, signaling to traders that the top crypto is behaving like U.S. equities. Trumpism, or what U.S. President Donald Trump believes in a particular moment on a particular day about a subject that has ushered a steep correction in crypto within the first fifty days of his administration.  Why is crypto losing while Trumpism wins? U.S. stocks are facing a slump, the…