Author: Yeek.io

Este artículo también está disponible en español. Everything’s looking bright and rosy for the crypto’s future with good news from the Fed and New York. The Fed’s governor talked about the potential of stablecoins in retail. But he added it might take some work to increase its adoption. New York could also relax its crypto regulations if its senator’s proposed bill passes. This could put the state in a much more competitive position against other financial centers like London, Shanghai, Tokyo, and New York. Of course, scammers are also lurking in the background to spoil the fun for everyone as…

Este artículo también está disponible en español. Amid falling crypto prices, seasoned crypto analyst, Jamie Coutts has words of reassurance for crypto supporters worldwide. And he’s backed them up with some compelling evidence. If he’s correct, here are 4 hot tokens that could soar. Signals of a Breakout Coutts took to X to share various signals suggesting that the crypto market is bottoming out and, therefore, primed for the next bull run. This month’s crypto flush resulted in the highest 365-day new low (NL) reading since mid-2024. While not a definitive bottom signal, it suggests a bottom is forming. Focus…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In 2024, liquid staking became the dominant niche in DeFi. Offering an opportunity to unlock extra liquidity to the crypto industry without minting excessive Ethereum (ETH), the technology rose to the top of the DeFi mountain and crossed the threshold of $60 bln in TVL.  It is to little surprise, as block reward accruing assets are the most productive assets in decentralized finance and should be used as high-quality collateral in DeFi. However, despite the surge in…

Entertainment datasphere Redacted has partnered with digital asset trading platform Mintify.The collaboration will bring Mintify’s 200,000 active users into Redacted’s ecosystem, broadening the reach of both platforms. Mintify, which has seen over $70 million in NFT trading volume, will integrate its services into Redacted’s platform, allowing users to access a wider range of digital assets and experiences.As part of the deal, Mintify has also acquired Magically.gg to bring on a key brand in digital asset trading and expand its consumer focused ecosystem of onchain products and services. Redacted will also receive an equity stake in Mintify as part of this…

Sonic, formerly known as Fantom, was the second-best performing top-100 crypto coin this wee, as it jumped by 25%. Sonic (S) soared to a weekly high of $0.5882 on Thursday, its highest level since January 31 and 75% above its lowest point this year.  The token jumped as third-party data showed that its ecosystem was doing well. According to DeFi Llama, the total value locked in the ecosystem surged to a record high of $400 million, a big increase from the $27.5 million it had at the start of the year. Most dApps in the ecosystem have had a big…

Binance Founder Changpeng “CZ” Zhao called the meme coin ecosystem on BNB Smart Chain “immature” to be able to handle the soaring demand brought on by a sudden surge in meme coin activity.  In his recent post on X, CZ said that the meme coin ecosystem on BNB Smart Chain is “immature.” His comments come in the wake of the recent surge in meme coin activity, driven in part by a frenzy of dog-themed meme coins being launched on the platform after CZ shared a post on X featuring his pet dog named Broccoli.  Earlier, BNB Smart Chain launched its…

A whale withdrew 61,319 SOL from Binance and OKX at $202.53, raising speculation about a potential price shift. SOL price hovered at $193.11 at press time, with key resistance at $211.85 and Open Interest surging to $5.4B. A major Solana [SOL] whale has returned after a two-month hiatus, making a significant move on the 10th of February. The entity withdrew 61,319 SOL, valued at approximately $12.4 million, from Binance and OKX at an average price of $202.53 per token.  This reappearance has sparked discussions in the market, as such large transactions often indicate strategic positioning by experienced traders. A track…

The Virtual Assets Regulatory Authority has issued a public alert cautioning investors against meme coin advertisements due to their high-risk nature. Dubai’s crypto regulator the Virtual Assets Regulatory Authority has issued a warning about meme coin promotions as meme coins show no signs of losing popularity. In a Feb. 13 public alert, VARA, which oversees the virtual asset sector in Dubai, cautioned investors about the risks tied to these tokens, including price manipulation, liquidity issues, and potential fraud. “Meme coins are highly speculative and volatile assets, frequently subject to market manipulation. Many such assets lack intrinsic value and derive their…

Este artículo también está disponible en español. In a market often characterized by sharp swings and unpredictable trends, Polkadot (DOT) has emerged as a beacon of stability, defying broader volatility to hold above the critical $4.8 support level. While other altcoins experience uncertainty, DOT has managed to maintain stability, signaling strong buying interest at this key price zone. This steady performance comes as bulls attempt to build momentum, aiming for a potential breakout. However, with broader market volatility still in play, traders are closely watching whether DOT can sustain its strength and push higher, or if selling pressure will test…

Homepage > News > Business > Coinbase rolls in dough as memecoins boost trading volume The Coinbase (NASDAQ: COIN) digital asset exchange is rolling in cash as memecoins soar and crash, but its reliance on utility-free casino chips doesn’t bode well for its long-term future. Figures released February 13 show Coinbase’s revenue in the final three months of 2024 came to just under $2.3 billion, an 88% rise from its Q3 revenue and a 140% rise from Q4-23. Coinbase booked a nearly $1.3 billion profit in Q4, nearly 5x its bottom line in the same quarter one year prior. For the…