Author: Yeek.io

Este artículo también está disponible en español. Litecoin is on the verge of breaking multi-year highs at the $147 level, defying the overall negative sentiment in the crypto market. While selling pressure and uncertainty have slowed the broader market, LTC has held strong, just below key supply levels. This resilience has fueled optimism among investors, with many anticipating a potential breakout in the coming days. Related Reading A crucial factor contributing to Litecoin’s strength is growing speculation around a Litecoin ETF. According to key data from IntoTheBlock, the number of short-term LTC traders has increased by over 12% in the…

Quick take: Ethena plans to use the funds to launch a similar token to ENA aimed at traditional financial institutions. According to a Bloomberg report, a foundation supporting the project sold ENA tokens at 40 US cents in December, but the funding has yet to be announced. Leading Web3 VCs Dragonfly Capital Partners, Polychain Capital LP and Pantera Capital Management LP also joined the round. Ethena has raised $100 million in an ENA private token sale backed by leading asset management firm Franklin Templeton and Fidelity Investments’ venture arm F-Prime Capital. The fundraising also attracted participation from popular Web3 venture…

Homepage > News > Finance > Round-up of the week’s biggest blockchain news The blockchain industry is moving at a breakneck pace. Every week, dozens of stories worldwide show how blockchain technology, digital currencies, tokenization, and related technologies are being tested, piloted, and used to create game-changing solutions. The following is a roundup of some of the most significant stories in blockchain for the week ending on February 21. Last week saw one of the biggest exchange hacks in history, several stablecoin stories, and some significant moves by governments and institutions. The Bybit Hack: $1.4 billion gone in minutes Over…

In December Ethena raised $25 million through a private sale of its ENA tokens. Major investment firms including Franklin Templeton and F-Prime Capital participated in the round. F-Prime Capital, formerly known as Fidelity Biosciences, is affiliated with FMR Inc. the parent company of Fidelity Investments through Devonshire Investors. Other notable investors in the round included Pantera Capital Partners, Polychain Capital and Dragonfly Capital Partners all of which have a strong track record of backing innovative blockchain projects. The funds will be directed to the development of a novel token specifically designed for traditional financial institutions. Ethena plans to leverage the…

SOL declined by 35.5% over the past months. Solana’s daily Active Addresses and on-chain activity declined, signaling downward pressure. Since hitting a local high of  $195 three weeks ago, Solana [SOL] has experienced strong bearish pressure. Over this period, Solana has declined to hit a three-month low. With such a strong downtrend, the question is what’s causing Solana to decline? Analysis suggests that Solana is struggling fundamentally with low on-chain activity. Solana’s On-chain activity decline Solana’s chain activity has been on a steady decline over the past months. As such, the network’s number of daily active addresses has declined to…

Strategy, formerly MicroStrategy, has purchased over 50,000 Bitcoin so far in 2025 as of late February. The dotcom-era software developer acquired 20,356 Bitcoin (BTC) for $1.99 billion last week, according to a disclosure filing with the U.S. Securities and Exchange Commission. Strategy executive chairman and BTC evangelist Michael Saylor noted that the firm purchased the tranche at an average price of $97,514. By publication time, Bitcoin was trading at $94,305 due to a market-wide correction. Strategy’s at-the-market equity program once again financed its BTC acquisition plan. Last week, Saylor announced $2 billion worth of convertible notes to buy more BTC.…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…

The U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its lawsuit against Coinbase Global Inc., marking a significant progress in the ongoing debate over cryptocurrency regulation.The lawsuit, originally filed in 2023, accused Coinbase of operating as an unregistered securities exchange. Coinbase has consistently denied these allegations, asserting that its business practices adhere to existing legal standards.The case has been dismissed pending final approval, expected next week. Source: CoinbaseWhat was the lawsuit all about?The SEC filed its lawsuit against Coinbase in 2023, alleging that the exchange facilitated the trading of unregistered securities.The agency argued that Coinbase should have registered…

  An analyst stressed that HYPE could fall to $13 as it breached a symmetrical price action pattern. Intraday traders are over-leveraged at $21.17 on the lower side and $22.79 on the upper side. With a notable price drop in the past 24 hours, Hyperliquid [HYPE] tops the loser list and has now reached a crucial level. This decline in HYPE appears to have shifted overall market sentiment to the bearish side due to the formation of bearish price action. HYPE’s technical analysis and price action  According to AMBCrypto’s technical analysis, HYPE has recently broken down from a symmetrical price action…

Legal expert Jeremy Hogan has predicted that the Ripple vs. SEC saga could end in the first half of this year. This came as the analyst commented on the Commission’s agreement to end its lawsuit against Coinbase and how this could also impact the Ripple case.  Legal Expert Reveals Timeline For Potential Ripple Vs. SEC Settlement In an X post, Hogan predicted a settlement in the Ripple vs. SEC could happen sometime in April or May. However, the legal expert admitted that an earlier resolution could definitely be in play following the Commission’s agreement to drop its two-year legal battle…