Author: Yeek.io

Former Binance CEO Changpeng ‘CZ’ Zhao stressed that he wasn’t launching a meme coin as users demanded a contracted address.  Crypto speculators flooded CZ with messages on X, asking for a contract address to trade the meme coin inspired by Zhao’s Belgian Malinois named Broccoli. Developers often launch canine-themed tokens based on pets owned by popular founders like Zhao. CZ had earlier said he would share details about his dog, including its name and breed, kickstarting a frenzy around the social media posts. Amid the hype, PancakeSwap, native to Binance Chain, outpaced Uniswap, the leading decentralized exchange on Ethereum, as…

Whale activity suggested potential price appreciation for ONDO, but market consolidation persists. Strong holder support and strategic partnership with WLFI pointed to future growth potential. A significant whale recently deposited 5.7 million $ONDO tokens into Coinbase, locking in a $2.9M profit. Initially, this whale withdrew the tokens for $5.12 million over the past year, but their value has surged to $8.02 million.  This dramatic price movement raises questions: Is this whale’s action indicative of a broader trend for Ondo [ONDO], or is it just a short-term fluctuation before another downturn? ONDO chart analysis: Is the breakout imminent? ONDO has been…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI emerges with strong potential, sparking speculation of competing with Shiba Inu’s gains. The cryptocurrency market has seen massive returns from early-stage investments, with projects like Shiba Inu (SHIB) proving that high-growth opportunities exist. Now, a new blockchain contender, Lightchain AI, has investors taking notice as its presale surges past $15.3 million at $0.006 per token. With its focus on high-speed transactions, smart liquidity distribution, and scalable blockchain architecture, many believe that this emerging crypto could be a…

Este artículo también está disponible en español. As large companies increase their engagement in the cryptocurrency sector, the Cardano ecology is changing dramatically. According to recent data, wallets holding over a million ADA have been rapidly growing since November 2023, amassing an additional 1.41 billion ADA tokens. This significant accumulation, which accounts for 2.35% of Cardano’s total supply, conveys a clear statement about the project’s institutional support. Related Reading Cardano: Whale Activities Signal Market Confidence Whale movements have had nothing less than a remarkable outcome: Santiment’s research reveals a solid 107% price increase since these wallets started their accumulation spree.…

Quick take: Plasma is building a blockchain tailored to Tether’s USDT, the world’s most popular stablecoin. The company plans to attract stablecoin users by offering zero-fee USDT transactions. Plasma seeks to make USDT transactions more cost-efficient by eliminating fancy services that other blockchains offer to enable NFT trading, meme coins, or token airdrops. Plasma has closed a $24 million funding round led by Framework Ventures with participation from Bitfinex, Peter Thiel and Tether CEO Paolo Ardoino. The company plans to use the capital to accelerate the development of its layer-2 blockchain built on Bitcoin, specifically for Tether’s USDT stablecoin. According…

Blue Origin, the space company founded by Jeff Bezos, announced on Thursday that it is laying off about 10% of its workforce in a move aimed at cutting costs and increasing the pace of rocket launches. The decision, affecting roughly 1,400 employees across Florida, Texas, and Washington, is part of a broader effort by CEO Dave Limp to make the company more competitive against rivals like SpaceX. “There’s no easy way to communicate this,” Dave Limp told employees in the meeting, which was scheduled the night prior and lasted about 10 minutes. “There’s no question that we’ve had a lot of successes…

Journalist Posted: February 14, 2025 Intraday traders were over-leveraged at $0.0000154 on the lower side and $0.0000176 on the upper side. Shiba Inu’s community burned a substantial 16,479,283 SHIB in the past 24 hours. Shiba Inu [SHIB] is shifting market sentiment following the formation of bullish price action and a significant surge in its burn rate. Another major factor supporting the memecoin is the broader market rebound. Shiba Inu’s recent burn  Recently, blockchain-based transaction tracker Shibburn reported that the memecoin community burned a substantial 16,479,283 SHIB in the past 24 hours and 61,082,353 SHIB over the past seven days. Token…

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.…