Author: Yeek.io
Dolomite, a multi-chain lending dapp launched in 2022, saw its total value locked (TVL) skyrocket nearly 600% in the past week to a record $392.4 million, as per DefiLlama. The platform’s TVL growth is associated with the recent launch of the much-anticipated Berachain – an EVM-compatible layer 1 chain that uses a Proof of Liquidity (PoL) consensus mechanism. Dolomite operates as a DeFi money market, enabling users to lend and borrow a wide range of assets, positioning itself as the only platform that supports over 1,000 crypto assets. The app is available on Arbitrum, Mantle, Polygon zkEVM, X Layer, and…
Homepage > News > Finance > ‘Could Trump seize Tether’s T-bills’ and other tales from Crypto America’s stablecoin plans are proceeding swiftly as regulators and legislators display a new willingness to ignore all guardrails. On February 6, House of Representatives’ Financial Services Committee Chairman French Hill (R-AR) and Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee Chair Bryan Steil (R-WI) released a discussion draft of a new bill to “provide for the regulation of payment stablecoins.” The draft has since been rechristened the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act of 2025. STABLE closely follows both the…
IOTA’s price climbed for a second consecutive day after developers shared an important update about Rebased, its upcoming upgrade. IOTA (IOTA) surged to a high of $0.2500 on Tuesday, marking a 40% increase from its lowest level this month. In a statement, the IOTA Foundation announced it will award up to €100,000 ($103,398) to qualified developers working on the network. Recipients will also receive technical, marketing, and strategic support to help implement their projects. IOTA is targeting developers in areas such as real-world asset tokenization, decentralized identities, and supply chain management. For example, the foundation is seeking solutions for supply…
Journalist Posted: February 11, 2025 Dogecoin was holding strong above the upper boundary, thus keeping the path open for a potential rally toward $4. DOGE’S MACD was showing a bullish trend with the MACD line positioned above the signal line. Dogecoin [DOGE], initially created as a meme cryptocurrency, has proven its resilience over time. Recent technical analysis suggests that Dogecoin was maintaining a strong position above a critical threshold, which could pave the way for a rally toward the $4 mark. Can Dogecoin keep climbing? DOGE has been holding above the upper boundary of its trading channel, signaling positive momentum.…
Jayson Hobby, the former CEO of crypto lending and borrowing platform Compound, dedicated five years to making it easier for investors to leverage their crypto holdings. Last year, he departed to build a new venture alongside two other former Compound executives. Now, the trio is preparing to launch Legend, a decentralized finance (DeFi) platform that aims to improve upon the foundation they established at Compound. On Tuesday, Legend announced the successful completion of its first funding round, securing $15 million from prominent investors, including Andreessen Horowitz (a16z) and Coinbase Ventures. A More Accessible DeFi Experience: Hobby explained that it is…
More dormant smart whales returned to accumulate and stake SOL, and buy Solana memecoins. If SOL fails to hold above $199, it could signal weakening momentum, possibly leading to lower prices. Recently, more dormant smart whales returned to accumulate Solana [SOL] anticipating a surge in the whole ecosystem. A two-month dormant whale withdrew 61,319 SOL valued at $12.4M from both Binance and OKX at around $202.53 per SOL. This whale had previously executed two profitable trades from December 2023 to November 2024, earning $8.47M with a 38.9% return and a perfect win rate. Following this whale’s success rate, buying now…
Este artículo también está disponible en español. Investors are once again becoming drawn to Dogecoin (DOGE). This time, analysts have found a pattern that could send the famous meme coin soaring past the long-awaited $1 mark. DOGE hit its all-time high of $0.74 during the 2021 bull run, but it has since had a hard time getting back to that level. But now, one market expert thinks that the past might be about to happen again, this time with even bigger gains. Related Reading A Pattern That Points To Rapid Growth Chandler, a crypto analyst, says that Dogecoin has been…
Este artículo también está disponible en español. Bitcoin has experienced a quiet weekend, with the price remaining stagnant around the $96,500 level for five consecutive days. This prolonged period of consolidation highlights the current indecisive nature of the market. Bulls have been unable to reclaim control and push Bitcoin above the critical $100K mark, while bears are also struggling to drive the price lower toward key demand levels. Related Reading The lack of direction has left investors and analysts watching closely for signals of the next major move. The broader market sentiment remains cautious, with many questioning whether Bitcoin can…
New York, United States, February 11th, 2025, Chainwire GameFrog ($GMF), a new entrant in the memecoin sector, integrates artificial intelligence-driven market strategies with a staking rewards system. Drawing inspiration from the cultural influence of GameStop and the Pepe the Frog meme, the project aims to offer token holders automated staking mechanisms and liquidity management tools. With the presale nearing $250,000, participants are acquiring $GMF tokens at presale prices before public trading begins at $0.10 per token Key Features of GameFrog ($GMF) GameFrog incorporates AI-powered market optimization and staking functionalities, with a focus on sustainability and liquidity support. Presale Model: GameFrog’s…
Total venture capital investments in the crypto space exceeded $105 million this week. Infrastructure and AI solutions secured decent capital across different funding stages. TNFT marketplace Taproot Wizards secured $30 million while the rest of the funding industry this week showed particular attention to DePIN, gaming infrastructure, and AI integration in blockchain technology. Let’s look into the investments in the first week of February, per data from Crypto Fundraising. Taproot Wizards, $30 million Standard Crypto, Cyber Fund, and Colludere took part in the $30-million round The project, founded by Udi Wertheimer and Eric Wall, is building an NFT marketplace on…