Author: Yeek.io
Solana gained nearly 6% on Friday, rallying alongside Bitcoin, as the largest cryptocurrency regains $80,000 as support. However, the total value of assets locked in the Solana chain is down $5.26 billion from its peak, a nearly 50% drop. TVL represents demand and relevance for a chain, meaning Solana is negatively affected by the shifting market dynamics. Solana-based meme coins considered the catalyst driving gains in SOL (SOL) this market cycle, are struggling to recover as traders turn fearful. State of Solana The total value of assets locked is a key metric used in DeFi to track investor confidence, a…
The Trump Organization, which is privately owned by President Donald Trump, recently filed a new trademark for several cryptocurrency and NFT-related items. Here’s a look at what the move means and how Trump could be betting on the future growth of the metaverse. What Happened: Trump is not new to the world of cryptocurrency and NFTs. The president changed his previous bearish stance on cryptocurrencies such as Bitcoin BTC/USD ahead of the 2024 presidential election. The cryptocurrency community latched onto Trump in the 2024 election with a bet that he would bring a more pro-crypto-friendly atmosphere to the White House.…
Ethereum dropped 22% despite Eric Trump’s endorsement and increasing whale activity. Whale buying spiked as large investors positioned themselves in the face of a downtrend. On the 4th of February 2025, Eric Trump made waves by endorsing Ethereum’s [ETH] on his X (formerly Twitter) account, urging followers to buy Ethereum. However, since then, Ethereum’s price has dropped massively, by 22%. Despite this decline, a surge in whale activity has been recorded, with 110,000 ETH being accumulated in just 72 hours. Amid mixed signals, one does wonder: Are large investors positioning themselves for a rebound, or is the market still on…
Bitcoin has lost crucial support levels as the market struggles to find demand, allowing bears to gain momentum. Analysts are calling for further corrections, with fear dominating sentiment across the crypto market. Bitcoin has now dropped over 28% from its late January highs, and concerns are mounting that bears could take prices even lower in the coming weeks. The broader financial markets are also facing uncertainty, adding to Bitcoin’s struggles. Data from CryptoQuant reveals that BTC currently has an 80% correlation with the S&P 500 index, meaning that movements in traditional markets are heavily influencing Bitcoin’s price action. This suggests…
Tokenizing Time: The Concept Behind Time.funA company called Time.fun describes itself as a “tokenized time platform.” But what does that actually mean? The concept is simpler than it sounds. According to The Block, Time.fun allows users to buy access to influencers, artists, and experts for a set period. The website features a search tool where users can browse different creators and pay to interact with them.Essentially, the platform functions like a mix of Cameo, OnlyFans, and Fiverr, but with cryptocurrency as the main payment method. Content creators can set their own prices for various services, ranging from social interactions to…
Monrovia, Liberia, February 28th, 2025, Chainwire Chad Leads the Way: AI-Powered Memecoins Are Evolving Memeagent has introduced Chad, an autonomous AI agent designed to bring intelligence and automation to the memecoin ecosystem. While many meme projects rely on fleeting trends, Memeagent is built differently – a fully AI agent-driven ecosystem designed to change the game for good. As AI reshapes the landscape, Memeagent is positioning itself at the forefront of this evolution. Chad: The AI Engine Driving Memeagent’s Evolution Chad is a key figure who represents Memeagent. He’s a fully automated AI agent that helps users to navigate Memeagent. Memeagent…
Homepage > News > Business > SEC dumps more lawsuits but not everyone done with the whip America’s securities regulator may have given up holding crypto crooks to account, but the nation’s law enforcement agencies haven’t given up this fight… yet. On February 27, the Securities and Exchange Commission (SEC) and the Coinbase (NASDAQ: COIN) digital asset exchange submitted a joint application to the U.S. District Court for the Southern District of New York. The application asks that the SEC’s civil complaint against Coinbase be “dismissed with prejudice as to the conduct alleged in the Complaint through the date of the filing of this…
Patrick McHenry, former chair of the House Financial Services Committee, has joined three crypto-focused companies since his pivot from policymaking. The ex-Republican congressman was hired as vice chair of Ondo Finance’s advisory board as the protocol aims to move more real-world assets onto blockchain networks. Ondo Finance is an on-chain protocol that uses cryptographic technology to enable trading for real-world assets like U.S. Treasuries on decentralized venues such as Ethereum. According to DefiLlama, Ondo has nearly $1 billion in tokenized asset deposits. Ondo Finance TVL – Feb. 28 | Source: DefiLlama Private sector grabs pro-crypto Patrick McHenry Crypto companies have…
Dubbed the Immortal Statue NFT, the collectible will grant the lucky few holders exclusive status to transcendence. The Immortal Startue NFT will involve two crafted tiers; The Exalted Immortal Bust and The Divine Immortal Effigy. Immortal Rising 2 players are invited to register for the NFT whitelist application, which runs between February 27 and March 6, 2025. Immortal Rising 2, a dark fantasy web3 idle role-playing game (RPG) developed by Planetarium Labs and Bad Beans, has unveiled its first-ever non-fungible tokens (NFT) mint dubbed Immortal Statue NFT collections. The exclusive NFT airdrop will give Immortal Rising 2 players a chance…
Este artículo también está disponible en español. Amid the market retrace, Ethereum (ETH) has lost its key $2,600 support zone and fallen below the next crucial level. As the second-largest cryptocurrency by market capitalization attempts to hold its current range, some analysts predict a 6% drop could be coming. Related Reading Ethereum Risks Fall To $2,180 Following the $1.5 billion hack of crypto exchange Bybit, the crypto industry experienced a market correction that sent most cryptocurrencies below their key support levels. Bitcoin’s price fell below the $90,000 mark for the first time since November. Meanwhile, Solana, one of the leading…