Author: Yeek.io

Synthetix is keeping the sUSD rewards program on Infinex for another 6 weeks! Yield farmers who deposit sUSD on Infinex from February 27, 2025, onwards will be eligible to earn rewards and may also win prizes. This is the second phase of the rewards program, and it has a new structure.How to ParticipateFrom February 27, 2025, at 00:01 UTC, for six weeks, sUSD depositors on Infinex will earn a pro-rata share of 10,000 OP tokens every week. Rewards accrue continuously and are distributed weekly. Yields will vary based on the total value of sUSD deposits, but we’ve put together some…

XRP has failed to hold the crucial $2.25 support level, and historical patterns suggest the price could drop 13.5% to reach $1.90. Despite positive developments, short-term market sentiment remains bearish. Ripple[XRP] has been experiencing a continuous decline in Futures Open Interest (OI) since reaching an all-time high. According to the on-chain analytics firm Coinglass, on the 18th of January 2025, XRP’s Futures OI was $7.62 billion. However, at the time of writing, it has dropped to $3.02 billion, nearing the lowest level of 2025. This marked a decline of more than half from its all-time high. Source: Coinglass This drop…

Crypto investigators have flagged suspicious transactions linked to wallets associated with MELANIA and LIBRA memecoins. Blockchain data shows that these wallets moved large sums of money, raising concerns about potential money laundering. Around 19,846 SOL, worth about $2.76 million, was used to purchase the POPE memecoin. However, the tokens were later sold for just 175 SOL, or roughly $24,000. This unusual trading pattern suggests that funds may have been funneled through different wallets in an attempt to obscure their origins. Crypto Wash Trading Or Coordinated Dump? The transaction history raises several questions. Large buys followed by immediate sell-offs at a…

Ether (ETH) price stabilized near $2,300 after a sharp 20% drop over three days, hitting a low of $2,255. This decline shook market sentiment, as Ether hadn’t traded at these levels since October 2024. However, the ETH derivatives market is showing early signs of recovery and strength, suggesting a potential rebound to $2,800.Ether 30-day futures premium, annualized. Source: Laevitas.chThe 30-day ETH futures are now trading at a 7% premium over the spot market, up slightly from 6% two days ago. Premiums between 5% and 10% are considered neutral, as traders typically expect higher returns for the longer settlement period. This…

Watching Solana’s price movements and wondering where it’s headed next? With key support and resistance levels in focus, recent volatility has traders closely monitoring SOL. Let’s analyze the past 24 hours to gauge its momentum and potential direction.Solana Price Analysis of the Last 24 HoursSolana began with a slight downtrend, but an oversold condition at 00:55 UTC hinted at a reversal. A golden cross at 1:25 UTC pushed the price up to $145.19 resistance. A downtrend at 4:40 UTC kept fluctuations, with another oversold phase at 11:50 UTC. A golden cross at 14:35 UTC spurred an uptrend, but a death…

Journalist Posted: February 28, 2025 DOGE’s total futures trading volume has dropped from $58.2 billion in November to just $992 million. Dogecoin’s network activity significantly declined despite bullish signals from DOGE’s price action. Dogecoin [DOGE] futures market saw a contraction in trading volume over the past few months, with figures plummeting from a high of $58.2 billion in November to a modest $992 million. This steep decline confirmed a significant reduction in market speculation. Starting in mid-November, the volume peaked impressively, coinciding with a price of $0.308, suggesting a frenzy of trading activity. However, subsequent weeks saw a gradual yet persistent…

At the moment, XRP is trading at $2.2138 following a modest 0.71% gain in the last 24 hours. This slight uptick suggests that buyers have stepped in after a recent period of consolidation, though overall market sentiment remains cautious. As with many cryptocurrencies, XRP is subject to rapid fluctuations influenced by both technical factors and broader market conditions. Understanding these technical aspects is crucial for anticipating short-term movements. XRP Price Analysis Recent trading data shows that XRP finds robust support around the $2.20 level. This zone has historically acted as a floor during previous corrections, where accumulated buying interest has…

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…

Este artículo también está disponible en español. The Dogecoin price may be in for more pain, as a crypto analyst has projected another significant breakdown to new lows. On the bright side, the analyst suggests that this retracement will offer a discount for traders who aim to capitalize on the buy-dip opportunities and accumulate ahead of a potential increase.  If it fails to break a key resistance area, the Dogecoin price could see another major drop to new lows at $0.125. According to TradingView crypto analyst Dave Hunter, this bearish outlook is a more likely scenario for Dogecoin, considering its…

Quick take: The companies will collaborate to build an infrastructure to deliver open AI services, NFTgators has learned. The alliance’s primary goal is to create an ecosystem that provides access to secure, open, economical and fair AI services. The alliance draws parallels to the Open Metaverse Alliance formed in July 2022. Leading crypto companies Coinbase, NEAR and others have come together to form the Open Agents Alliance (OAA), an organisation dedicated to developing “Open AI Services”, NFTgators has learned. Formed by NEAR AI, Coinase’s payments and AI arm and several other blockchain and AI companies, the organisation will collaborate to…