Author: Yeek.io

Quick take: Some of the investment came from unlocked AXL tokens from Axelar Foundation’s community programs allocation, a spokesperson told The Block. The sale occurred during the past six-12 months. The company plans to use the new investment to expand into RWA tokenisation for institutional adoption. Axelar Foundation has disclosed a $30 million token sale backed by Arrington Capital, Distributed Global, Electric Capital, Laser Digital, C² Ventures, Plassa Capital and Wagmi Ventures. A spokesperson told The Block that some of the investment came from unlocked AXL tokens from Axelar Foundation’s community programs allocation. The Foundation did not disclose the pricing…

Ether is struggling to reverse a near three-month downtrend as macroeconomic concerns and continued selling pressure from US Ether exchange-traded funds (ETFs) weigh on investor sentiment.Ether (ETH) has fallen by more than 53% since it began its downtrend on Dec. 16, 2024, after it had peaked above $4,100, TradingView data shows.The downtrend has been fueled by global uncertainty around US import tariffs triggering trade war concerns and a lack of builder activity on the Ethereum network, according to Bitfinex analysts.ETH/USD, 1-day chart, downtrend. Source: Cointelegraph/ TradingView “A lack of new projects or builders moving to ETH, primarily due to high operating…

Once upon a time, memecoins were the Internet’s inside joke – Digital playthings conjured in the depths of Reddit and Telegram, fueled by irony, and driven by the belief that nothing really matters. But it’s 2025, and everything matters now. Politicians and celebrities aren’t just endorsing crypto; they’re turning themselves into tradable assets. A viral name, a headline, a tweet – They’re all liquidity now. These tokens have evolved beyond digital gimmicks. Instead, they’ve become status symbols, political statements, and financial wildcards. But are they a legitimate new asset class? And if they are, who’s really pulling the strings? When…

Solana’s network activity is fading fast, with transaction fees plunging to a six-month low. Unless activity rebounds, Solana risks deeper price corrections. Solana [SOL] has dropped to a seven-month low, losing the $120 support with a 10% weekly decline.  With the FTX unlocking flooding supply and weak hands exiting, clearly the sell-side pressure has dominated.  Notably, no strong demand zones have formed on Solana’s 1D price chart since its fall from $270, making deeper corrections almost inevitable. But the pain may not be over yet. Solana’s network activity hit multi-month lows Solana’s network activity is fading fast, with transaction fees…

Bitcoin (BTC) dropped to a four-month low of $76,700 on March 11, following a 6% weekly decline in the S&P 500 index.The stock market correction pushed the index to its lowest level in six months as investors priced in higher odds of a global economic downturn.Despite Bitcoin’s 30% drop from its all-time high of $109,350, four key indicators suggest that the correction may be over.Bitcoin bear market needs 40% drop, strong USDSome analysts argue that Bitcoin has entered a bear market. However, the current price action differs significantly from the November 2021 crash, which started with a 41% drop from…

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. Crypto analyst ElmoX has asserted that the XRP price is still bullish despite the recent crypto market crash. His analysis revealed that XRP is set to face major resistance at $2.9, although he is confident that the crypto will…

Amid growing discontent among investors in established cryptocurrencies like AVAX and Chainlink, attention is shifting toward new prospects with the allure of significant returns. A fresh player in the market, XYZVerse, is stirring interest with claims of potential fivefold growth. This emerging opportunity is prompting a closer look from those seeking substantial gains in the evolving crypto landscape.$XYZ Eyes a Stunning 99,900% Rise, Claiming G.O.A.T. GloryXYZVerse ($XYZ) introduces a revolutionary twist to meme coins by fusing the adrenaline of sports with crypto’s explosive energy. Tailored specifically for passionate fans of basketball, football, esports and MMA, XYZVerse is more than just…

Blockchain analytics tool Bubblemaps has concluded its Token Generation Event for its native token BMT with 13,500% oversubscription. On March 11, Bubblemaps (BMT) concluded its TGE for its BMT token, which was hosted on Binance Wallet. The project intended to sell 40 million BMT tokens (4% of the total supply) at a price of $0.02 each, hoping to raise 1503.42 BNB. However, they received subscriptions totaling approximately 202,990 BNB, which is over 13,500% more than their initial goal. The TGE event followed Bubblemaps’ recent $3.2 million funding round, led by INCE Capital, according to Cryptorank.io. The fact that the TGE was…

1,200+ web3 startups, billions in investment, yet zero regulatory clarity — how long can India’s blockchain industry survive without clear rules? India’s web3 boom A few years ago, India’s blockchain scene was a playground for retail traders testing the waters with crypto assets. Today, it’s a different story. The India Web3 Landscape Report 2024, published by Hashed Emergent, unpacks key shifts in startup funding, enterprise adoption, developer activity, and regulatory trends, offering a clearer view of how the industry has matured. One standout insight is India’s unrivaled position in crypto adoption. For the second year in a row, the country…

The Solana (SOL) token surpassed its realized price threshold for the first time in over three years, which presents a major turning point in market opinion. The token currently sells for $124, which represents an 8% decrease compared to the $134 realized price, indicating the average on-chain movement price of Solana tokens. The unique market situation has prompted contradictory trading responses since some traders view it negatively and others see it as an advantageous time to accumulate. Why Does the Realized Price Matter? Market participants use this price level as both a psychological and technical support point. Historical data shows…