Author: Yeek.io

Synthethix emerged from 2024 with a renewed sense of purpose. A radical governance shakeup and the acquisitions of TLX and Kwenta transformed the protocol from a suite of tools for DeFi builders to a user-focused derivatives trading platform, aiming to set new standards for onchain UX. Focusing squarely on Base, Synthetix contributors set about reimagining perps and leveraged token offerings as a native product.If you missed a few announcements, or just want to revel in the strides taken at the outset of 2025, this blog will break down the major milestones and works-in-progress.Synthetix Exchange: Scaling Perps on BaseThe transition from…

PEPE faced a critical support test, with $0.0000730 being a key level for recovery. Declining Social Volume and rising NVT Ratio signaled potential overvaluation and bearish pressure. The cryptocurrency market is currently facing a volatile phase, with Pepe [PEPE] testing critical support levels after a recent surge. This shift in momentum has raised concerns among traders, especially as the altcoin finds itself in a pivotal moment. At press time, PEPE was trading at $0.00007297, showing a sharp 14.10% decline in the last 24 hours. The altcoin’s performance over the coming days could shape its future, making it crucial to evaluate…

Bitcoin (BTC) dropped close to $78,000 on Feb. 28, but lower levels attracted solid buying by the bulls. CryptoQuant founder and CEO Ki Young Ju said in a post on X that selling after a 30% correction could be a “noob” mistake as Bitcoin rose to a new all-time high after falling 53% in 2021.Select whales seem to be building a position during the dip. A Bitcoin whale, known as “Spoofy,” bought 4,000 Bitcoin worth roughly $344 million when the price was between $82,000 and $85,000. Crypto analyst Saint Pump said on X that Spoofy builds his position “extremely slowly”…

Bitcoin price bounced back and moved above the key resistance level of $84,000 after tumbling to a multi-month low of $78,200 on Friday. Bitcoin’s (BTC) rebound coincided with a recovery in U.S. equities, which pared back earlier losses. The Dow Jones index rose 165 points, while the Nasdaq 100 gained 80 points. A potential catalyst for the recovery was news that BlackRock maintained its bullish stance on Bitcoin this week. The world’s largest asset manager confirmed plans to allocate about 2% of its model portfolio assets to its IBIT ETF.  Bitcoin also rebounded following the release of an encouraging personal…

BlackRock, a global investment firm with $11.5 trillion in assets under management, has added its Bitcoin exchange-traded fund (ETF) to its model portfolio product, according to a Feb. 28 report from Bloomberg. Portfolios that allow for alternative assets will be able to put a 1%–2% allocation into the firm’s iShares Bitcoin ETF Trust (IBIT), potentially creating new demand for the exchange-traded fund.The 1%–2% allocation is due to Bitcoin’s (BTC) volatility, which the firm called a “reasonable range” in a paper authored by the BlackRock Investment Institute. Anything more would significantly increase the crypto’s share of the total portfolio risk.BlackRock’s $150-billion…

Quick take: The filing lists a range of digital products and services, including TRUMP-branded virtual world that allows users to engage in various activities. The virtual world would allow users to purchase and wear TRUMP-branded clothing, shoes, and hats in a virtual setting. The filing also indicates the metaverse platform would expand into education and professional development, with TRUMP-branded training services. DTTM Operations LLC, the entity that controls all trademarks for Trump Organisation has filed a new Trademark with the United States Patent and Trademark Office (USPTO) for “TRUMP”. According to the report by Josh Gerben, Esq., the filing on…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. POPG, the web3 entertainment ecosystem, is set to launch on KDG and Gempad on March 3, 2025, offering fans a new way to access its utility-driven tokens. POPG, the web3 entertainment ecosystem, has announced its official launch dates on KDG and Gempad. POPG is coming to these launchpads on March 3, 2025, offering fans a new way to access POPG tokens. “This is a new starting point for POPG, bringing our vision to life and expanding our reach,” stated…

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…