Author: Yeek.io

Cardano has managed to outshine a large percentage of the digital asset market this week amid news that the crypto asset management firm Grayscale wants to create a spot ADA exchange-traded fund (ETF) for the smart contract platform. The ETF and securities exchange NYSE Arca, a subsidiary of the New York Stock Exchange, submitted a filing with the U.S. Securities and Exchange Commission (SEC) on Monday to propose listing the Grayscale Cardano Trust, which, if approved, would be the first-ever ADA ETF. ADA is trading at $0.804 at time of writing. The 9th-ranked crypto asset by market cap is up…

Following the United States Consumer Price Index (CPI) data release, Bitcoin‘s price witnessed a rebound to the $98,000 level, raising investors’ hopes once again. However, this rebound was brief as BTC’s price began to drop a few hours after the upward move. As prices see bearish movements, crypto analysts believe that the drop could extend toward key support levels. Downside Risks Mounts For Bitcoin Bitcoin’s price action is under renewed pressure post-US CPI data release on Wednesday as revealed by a recent analysis by Negentropic, a market expert and co-founder of the world-leading on-chain data and financial platform Glassnode. The…

Este artículo también está disponible en español. The number of Shiba Inu millionaires continues to decline as the recent market crash puts a damper on holder’s profits. Notably, on-chain data reveals that the total number of Shiba Inu millionaires has fallen below 1,000. However, they still control a significant portion of the meme coin’s supply.  SHIBMillionaires Drop Below 1,000 Following a broader market crash that significantly impacted meme coins like SHIB and DOGE, new reports reveal that the number of Shiba Inu millionaires, with wallets between $100,000 and $10 million, has declined severely. IntoTheBlock, a blockchain analytics company, has reported…

The blockchain environment keeps changing quickly as fresh Layer 1 blockchain networks emerge to compete with existing networks while adding special features. The basic blocks of decentralized networks provide scalability and protection while bringing fresh industry solutions to businesses. As we move toward 2025 multiple Layer 1 crypto projects stand ready to control the market landscape. This research evaluates the main Layer 1 crypto projects particularly $AGENTS and $QET which add AI elements plus reviews additional promising blockchain solutions. AI Agent Pepe ($AGENTS) Quant Earth ($QET) $ETH – Ethereum 2.0 $SOL – Solana $ADA – Cardano $AVAX – Avalanche $DOT…

Journalist Posted: February 15, 2025 SOL prices held firm above the $190 demand zone as it eyes $225 and $260 as potential targets. Deutsche Bank-backed Taurus integrates Solana for enterprise-grade custody and tokenization. At press time, Solana [SOL] was holding firm above the critical $190 demand zone, positioning the altcoin for a potential rally toward $225 or even $260.Technical indicators and growing institutional adoption are fueling bullish sentiment. With Deutsche Bank-backed Taurus integrating Solana for enterprise-grade custody and tokenization according to its latest tweet, confidence in the ecosystem is growing. Could this fuel SOL’s next major price surge?  Technical sentiments…

Inversion Capital, led by angel investor Santiago Roel Santos, is launching a custom Layer 1 blockchain on Avalanche to bring businesses onchain.  Inversion will use the new blockchain to execute a private equity strategy — acquiring traditional businesses and integrating them with blockchain technology. This is comparable to private equity firm KKR’s financial engineering approach — but with crypto engineering.  Inversion’s approach to crypto adoption differs from traditional methods. Instead of convincing businesses to adopt blockchain, Inversion will buy companies and integrate blockchain into their operations, according to a note shared with crypto.news  The company plans to use blockchain to…

Este artículo también está disponible en español. Dogecoin is trading at critical supply levels as the broader crypto market begins to show signs of life. Over the past few weeks, DOGE has faced significant volatility and uncertainty, with the price dropping to lower demand zones. This period of turbulence has left analysts divided on its next move. Some predict a bearish continuation, while others anticipate a swift reversal driven by renewed market interest. Related Reading Top analyst Bluntz has weighed in on Dogecoin’s price action, sharing a technical analysis that suggests a potential bullish setup. According to Bluntz, DOGE is…

Get Ready for the Unbox Date The much-awaited unbox date for NFT Legends Season is finally here. Mark your calendars for February 16, 2025, at 12 PM UTC. This is your chance to join an exciting celebration of NFT pioneers with Mint Blockchain. NFT Legends Season promises rewards, surprises, and a journey that honors the legacy of those who shaped the NFT ecosystem. NFT Legends Season is more than just an event. It’s a tribute to the contributors, creators, and OGs who helped build the NFT space. To honor these legends, Mint Blockchain is dedicating 1% of its total $MINT…

HyveDA, a high-throughput middleware data availability protocol secured by Symbiotic, has successfully gained $50 million from early contributors through pre-deposits during its first two weeks after implementation. After Symbiotic mainnet activation on January 28, the pre-deposit phase began allowing $50 million in total deposits distributed across participating vaults. In the first four hours of operation, the protocol earned $25 million worth of total value locked (TVL) from investors. The new tariff policies caused market instability but investors successfully met the contribution maximum amount within the set timeframe. HyveDA implements pre-deposit systems to establish its cryptoeconomic security and provide admission control…

US President Donald Trump’s administration may be shelving plans for a formal “Crypto Council” in favor of a series of informal summits featuring a rotating cast of industry leaders. The change, first reported by Unchained Crypto on February 13, is thought to reflect both strategic policy considerations and an attempt to defuse growing internal tensions across the digital asset industry. Crypto Council On Ice, Summits In Play According to Unchained, three anonymous sources familiar with the administration’s decision-making process revealed that these proposed summits would likely tackle distinct policy issues, ranging from banking and payments to data centers and Bitcoin…