Author: Yeek.io

Quick take: The latest fundraising brings the total raised to $6 million following a seed round announced in December. The fundraising was closed at a flat token value of $100 million. The company sold 400 million tokens (200 million each to VCs and through Echo) accounting for 4% of its yet-to-launch $HOME token. DeFi.app has raised $4 million in an extended seed round split across two factions. The VC faction which raised $2 million was led by Mechanism Capital, with participation from DCF Capital Partners, Balaji Srinivasan and Pentoshi. The remaining $2 million was raised via Echo’s Comfy Capital and…

Journalist Posted: February 13, 2025 Traders were over-leveraged at $2.399 on the lower side and $2.50 on the upper side.  On-chain metrics revealed that exchanges have witnessed an outflow of $75.55 million worth of XRP tokens. It has been a week since Ripple [XRP] started consolidating at a crucial level, which could determine whether the asset will rally or decline in the coming days. In this make-or-break situation, XRP is gaining significant attention from crypto enthusiasts, leading to its stability at a critical level despite the ongoing market sell-off. $75 million worth of XRP outflow The asset has maintained its…

Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, has gone on record to suggest that recent developments at the gold market might trigger a mass exodus to Bitcoin. Notably, the Bank of England is under scrutiny for extended delivery times on physical gold, fueling renewed debate about the reliability of gold-backed assets. As a reaction, Park writes via X: “I’m counting down the days until a logistical disaster (or outright fraud) in the physical delivery of these assets shatters the faith of even the most devout gold believers, driving them straight into Bitcoin’s arms,” Park wrote via X.…

Este artículo también está disponible en español. Cardano is trading below the $0.80 mark as it flirts with a potential rebound after weeks of volatility and selling pressure. The broader crypto market is finding strong demand at current levels, and investors are cautiously optimistic about a quick recovery rally into multi-year highs. Despite the bearish sentiment that has gripped the market recently, many believe that Cardano could lead the charge in reversing the downtrend. Related Reading Top analyst Ali Martinez has shared a compelling technical analysis, revealing that Cardano appears to be following a similar pattern to its 2020-2021 price…

The world of cryptocurrency presales experiences rapid growth as it continues to evolve. For crypto investors fair launch projects stand out because they distribute tokens fairly and honestly to everyone equally. During fair launches everyone takes part on equal terms because developers don’t benefit first. Your investment journey starts here with these crypto presales that adopt the fair launch model. AI Agent Pepe ($AGENTS) Quant Earth ($QET) $SYN – SynthAI $AIMX – AI Matrix $DBN – DeepBrain Network $AIC – AI-Chain $NCC – NeuroChain $MIND – MindAI $ECOAI – EcoAI $ROBO – RoboCoin AI Agent Pepe ($AGENTS) The $AGENTS token…

In a significant pivot from its roots as a premier NFT marketplace, OpenSea has unveiled OS2, a new platform designed to integrate both NFT and fungible token trading. This move marks a strategic diversification for OpenSea, aiming to capture a broader segment of the cryptocurrency market amid fluctuating interest in NFTs. OpenSea expanding beyond NFTs OpenSea’s journey from a dedicated NFT trading platform to a more expansive digital asset marketplace underscores a response to the evolving landscape of digital finance. The introduction of OS2 allows for the aggregation of various marketplaces, enabling cross-chain purchasing and initially offering lower trading fees…

Dogecoin price is stuck in a bear market after crashing by over 47% from its highest level in December.  Dogecoin (DOGE) token was trading at $0.255 on Thursday as the recovery after last week’s crash eased.  Many crypto investors believe that the Securities and Exchange Commission will approve a spot DOGE ETF later this year. According to Polymarket, the odds of a spot Dogecoin ETF rose to 62% on Thursday from a low of 27% in January. Companies like Rex Osprey and Bitwise have filed for a Dogecoin ETF so far, and several others may follow. Meanwhile, many traders believe…

The Trump family-affiliated decentralized finance (DeFi) project World Liberty Financial (WLFI) has unveiled a strategic token reserve designed to bolster top crypto projects like Bitcoin (BTC) and Ethereum (ETH). World Liberty Financial says it plans to form partnerships with traditional financial institutions that will contribute tokenized assets to the reserve, which the DeFi project is calling “Macro Strategy.” “The Macro Strategy will serve as a robust financial backbone for WLFI, enabling us to: Enhance Stability: By diversifying our holdings across a spectrum of tokenized assets, we aim to mitigate market volatility and ensure a resilient financial ecosystem. Foster Growth: The…

Este artículo también está disponible en español. Last year, Ripple CEO Brad Garlinghouse revealed that his company has partnered with 10 governments to develop their respective Central Bank Digital Currencies. Working with the central banks of countries like Colombia, Georgia, Montenegro, and Palau could speed up the adoption of digital currencies globally. The news can only be good for Ripple’s own $XRP token. It plays a critical role in Ripple’s payments network as it standardizes bank transactions. If a bank in Georgia wants to send funds to Colombia, for example, it can do so using $XRP, eliminating conversion fees and…

Este artículo también está disponible en español. XRP has been forming a red bearish candle since the beginning of February, which is a result of a price crash that took place at the start of the month. Although THE ALTCOIN has since recovered slightly, it has yet to return to its January open. Nonetheless, the majority of crypto investors remain bullish on the long-term prospects for XRP, with analysts doubling down on optimistic price targets ranging from $2 to $5. However, a crypto analyst on the TradingView platform has presented a compelling bearish case for XRP, warning that the asset…