Author: Yeek.io

Solana price has dropped to a crucial support level as momentum in its ecosystem fades following the recent meme coin pump-and-dump cycles. Solana (SOL) price was trading at $200 on Friday, down by 32% from its highest level in 2024, a sign that it is in a bear market. The recent decline occurred as third-party data shows that network growth has lost momentum over the past few months. Most meme coins in its ecosystem have crashed, bringing their total market cap from $25 billion in January to $12 billion. One of Solana’s key challenges is its association with viral meme…

Journalist Posted: February 14, 2025 70 million ADA tokens moved among whales, sparking speculation and price movements. Grayscale’s ADA Spot ETF application could fuel institutional interest and impact ADA’s price trajectory. In the last 96 hours, over 70 million Cardano [ADA] tokens have shifted hands among whales, igniting a flurry of speculation. This surge in whale activity comes on the heels of Grayscale’s application for the first-ever Cardano Spot ETF. With institutional interest now on the table, the big question looms: Are these whale movements connected to the potential ETF launch? And what impact might this have on ADA’s price?…

The US Securities and Exchange Commission (SEC) has made a noteworthy advancement in the potential introduction of new altcoin-based financial products by acknowledging several filings for Solana ETFs.  Solana ETFs Potential In a regulatory filing, the SEC opened up the floor for public comments on the proposed “Canary Solana Trust,” aimed at facilitating mainstream investment in SOL. This filing indicates that both the Exchange and the Sponsor believe the proposal, along with its accompanying analysis, is adequate to demonstrate compliance with the Act.  Specifically, they argue that there are sufficient measures in place to prevent fraud and manipulation, which would…

Este artículo también está disponible en español. The former BitMEX CEO, Arthur Hayes, is making a bold prediction for the TRUMP meme coin: it will outperform Bitcoin if market sentiment continues improving and politicians start leveraging meme cryptos. Related Reading The TRUMP token was launched to coincide with US President Donald Trump’s inauguration and, in just a short time, became the fourth-largest meme coin by market capitalization. However, after hitting a peak of $75, the TRUMP meme coin dropped to below $20. Now, the asset is getting a second look, with Hayes offering a prediction on its next movement. Immediately…

The Pectra network upgrade is scheduled to activate on Ethereum testnets! Pectra Overview It will go live on Holesky at epoch 115968 (Feb. 24, 21:55 UTC) and then on Sepolia at epoch 222464 (Mar. 5, 7:29 UTC). The Pectra testnet client releases are listed below. Once both testnets have successfully upgraded, a mainnet activation epoch will be chosen. Pectra follows last year’s Dencun upgrade. It introduces features to augment Ethereum accounts, improve the validator experience, support L2 scaling, and more! This post explores these three major improvements in detail. For a more comprehensive overview, see ethereum.org’s guide to the upgrade.…

The cat-themed token Popcat remains in bullish territory following its Coinbase listing yesterday, as whale activity and bullish price charts fuel growing speculation of a potential revival. Popcat (POPKAT) has seen significant gains following its recent listing on Coinbase on Feb. 13. On the day of the Coinbase debut, Popcat enjoyed a nearly 30% hike in price, reaching $0.34. The bullish momentum continued on Feb. 14, with the token climbing to an intraday high of $0.37. However, the price has since retraced back to $0.34, according to Coinmarketcap.  The recent surge in Popcat’s price coincides with renewed whale interest in…

Journalist Posted: February 14, 2025 JUP surged 8.82% after announcing a buyback plan, aiming to lock tokens for three years and reduce circulating supply. With a TVL of $2.7 billion and rising protocol fees, Jupiter’s buyback could provide long-term price stability. Jupiter [JUP] has announced a strategic buyback initiative, with 50% of all protocol fees allocated to purchasing JUP and locking it for three years. This move aims to reduce circulating supply, potentially driving up the token’s value. With buybacks set to begin on the 17th of February, investors are closely watching how the market will react. Market reaction and…

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…