Author: Yeek.io
February 19, 2025The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDRBase LP Incentives EXTENDED: Rewards for liquidity providers on Base have been extended by another 4 weeks. Split into 2 phases, see below for details.Synthetix Static aUSDC Liquidity Vault on Base: Enjoy Aave yield while earning fees from Synthetix Perps markets.“Watch” feature on Synthetix Exchange: Track Synthetix Leverage strategies in real-time. See below for instructions.Reminder about ongoing rewards programs:Synthetix Leveraged Token Rally: 1 week remaining! Traders can get their share of OP and USDC tokens by minting…
The memecoin market continues to gain traction, with 85% of U.S. crypto holders now investing in these highly speculative assets. A new Kraken survey highlights that 76% of investors believe the potential rewards justify the risks, despite memecoins’ notorious volatility. The survey found that the primary reasons for investing in memecoins include price volatility, FOMO, recommendations from friends and family, and the entertaining nature of these assets. Nearly 29% of holders are drawn to memecoins for their potential short-term returns, while 23% see them as a way to diversify their portfolio, and another 23% view them as a source of…
Journalist Posted: February 19, 2025 ADA dipped by 10% in 48 hours as it approached a key flag support. Whale activity has seen an 8.24% decline in the last 24 hours, adding to the bearish sentiment Cardano’s [ADA] sharp 10% price drop at press time has carried the altcoin bulls by storm, sparking concerns among its market participants. Technically, with the bearish momentum still accumulating, the altcoin could dip further to test its flag support level, potentially pushing the price below the $0.6 price level. Adding to the downward pressure, ADA whale activity has also shrinked by 8.24% in the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse, a new meme coin, raises $7m in presale, prompting projections of a 100x surge and comparisons to Shiba Inu. A new meme coin has captured investor attention by raising $7 million during its presale. Speculation is mounting that this digital asset could surge in value by 100 times. This cryptocurrency is generating buzz within the community, leaving many curious if it will replicate the remarkable success of previous sensations like Shiba Inu (SHIB). XYZVerse sets a new trend:…
Panel Discussion: What’s Next for DeFi Scaling?The panel, titled “What’s the Next Leap in DeFi Scaling?”, will take place from 06:40 to 07:10 UTC. Jennifer Kong, Head of Ecosystem at Manta Network, will moderate the session. The discussion will focus on the latest challenges and innovations in DeFi scalability.Key Topics to Be DiscussedThe panel will cover several important topics, including:The biggest challenges slowing down DeFi scaling and how to solve them.Innovations beyond rollups and Layer 2 solutions.Growth strategies for liquid restaking protocols.The future of rollup technologies and modular blockchain architectures.Ways to improve yield and liquidity in DeFi.How exchanges can reduce…
Ronin Network is redefining Web3 gaming in 2025 with iconic titles, innovative gameplay, and developer-friendly tools for immersive blockchain experiences. Ronin Network‘s gaming scene is changing, and 2025 looks to be a game-changing year. Some of the most well-known game franchises in history are among the big games that will be coming to the platform. These games are introducing imaginative gameplay and immersive experiences to the Web3 ecosystem. Forgotten Runiverse Based on a popular IP, Forgotten Runiverse is a fantasy MMORPG. In addition to facing mythical creatures and exploring a vast open environment, players can immerse themselves in crafting and…
Quick take: Fluent Labs is building an Ethereum L2 that blends WebAssembly, EVM and SVM to create an extended execution network. The new L2 allows developers to create applications leveraging multiple blockchain ecosystems without compatibility concerns. The firm claims that 60 blockchain projects are already building on its ecosystem. Fluent Labs has raised $8 million in seed and extended funding round led by Polychain Capital. Primitive, dao5, Symbolic Capital, Builder Capital, Nomad Capital, and Public Works also participated in the fundraising. Balaji Srinivasan, Mustafa Al-Bassam, Jason Yanowitz, Santiago Santos, Dingaling, Cristian Manea, and Will Price were among the angel investors…
Over the past day, the price of Hedera has risen nicely, increasing from $0.194 to $0.215, an increase of over 3%. It briefly reached a high of $0.215 but struggled to maintain that level. Additionally, Hedera’s trading volume has jumped 8.3% in the last 24 hours, reaching $240.5 million. Looking at a longer timeline, Hedera’s price dropped below $0.39 on December 3 and has been decreasing since then. On February 3, the price of HBAR crashed heavily as it dropped below $0.2. However, the price is now on a minor recovery path. Consequently, its market capitalization has grown by 2.48%…
Howard Lutnick, the former CEO of Cantor Fitzgerald and a vocal proponent of Bitcoin, has been confirmed as the United States Secretary of Commerce. With a tight 51-45 vote, the Senate confirmed his appointment, putting him in charge of a department that oversees critical economic areas such as trade, economic data, and industry regulation. His leadership is expected to be consistent with US President Donald Trump’s views, particularly on trade enforcement and tariff rules. Key Function In American Trade Policy Lutnick’s confirmation assigns him responsibility for about 50,000 Department of Commerce staff members. His impact will reach important areas including…
Este artículo también está disponible en español. Dogecoin has once again dipped into oversold territory on its 4-hour chart on Tuesday, marking the most pronounced level of selling pressure since the sudden capitulation on February 3. During that episode, the price plunged to around $0.20 before rebounding by 45% within the same trading day—a move that underscored how quickly Dogecoin can rally from oversold conditions. Dogecoin Price Plunges Into Oversold Zone In an analysis today, crypto Analyst Cas Abbé (@cas_abbe) highlights an RSI reading that has dipped to 30 on Tuesday, indicating that selling pressure may be nearing its limit.…