Yield Basis, a new project by Curve Finance founder Michael Egorov, has successfully raised $5 million in a funding round, valuing the tokenised Bitcoin and Ethereum yield-earning initiative at $50 million. The project is designed to address the issue of impermanent loss in DeFi, a situation where liquidity providers' returns fall short compared to simply holding their assets.
Yield Basis plans to sell 10% of its 1 billion YB token supply, with a vesting schedule that includes a six-month cliff followed by two years of linear vesting. The project allocates 30% of tokens for community incentives, 25% for the team, and 15% for development, with the remainder divided between Curve technology licensing and collaborations.
🚀 Crypto enthusiasts, get ready! Wall Street Pepe's listing is creating buzz, but Pepeto, the "God of Frogs," is stealing the show with a $4.6M presale! 🐸
- Wall Street Pepe promises up to 10x returns, but Pepeto's unique narrative and tech focus make it a standout.
- Priced at $0.000000111, Pepeto's zero-fee PepetoSwap is drawing attention.
- Rumors link Pepeto to a former Pepe co-founder, adding intrigue.
Will Pepeto surpass Wall Street Pepe? Share your thoughts below!
According to Bloomberg, crypto custody firm BitGo Inc. plans to launch a global over-the-counter (OTC) trading desk offering spot and options trading, as well as lending services. BitGo aims to leverage its custody network, enabling investors to trade assets directly without the need for third-party custodians. In addition to the U.S., the OTC platform will be available in multiple jurisdictions, including Hong Kong and the Middle East.
⚡️Crypto News Digest: Key Updates You Need to Know
The current report features updates of Hyperliquid, Pyth Network, Moonveil, Clearpool, Abstract, Tether, pSTAKE, FTX, Robinhood, AIvalanche DeFAI Agents, Monad, Lumia, Bybit, Linea, and The Game Company.
$HYPE $PYTH $CPOOL $PSTAKE $FTT $AVAXAI $LUMIA $GMRT
You must have seen this care package being posted around by some gamooors. Not only that, @Immutable also changed their pfp to this green goblin, what is it?
In short, Marble X is a gaming ecosystem with a few games built on Immutable in their roadmap.
Topic of this post:
Marble X just announced their Staking Campaign with 300,000 MBX(~$85K) in the reward pool.
i) How to participate:
- Go to MBX Swap.
- From the top menu bar, click Staking.
- Stake MBXL (more info in the link below)
ii) Requirements:
- First-time stakers only
- Must stake at least 10 MBXL
- Must hold them for 15 days
iii) Deadlines:
- Feb 17th- 23rd
This post is brought to you by @MARBLEXofficial
$15 Support: Trump's Critical Level
Over 70% of the value of the OFFICIAL Trump (Trump/USDT) coin has disappeared in the last month. The bitcoin has declined from $75.35, a peak, to $16.17, which begs questions over whether the $15 support level will remain constant.
Data from CoinMarketCap shows that the Trump coin shot to an all-time high of $75.35 on January 19 before starting a protracted declining trend. Rising value accompanied more volatility, which caused a consistent drop.
Press time finds Trump's market capitalization at $3.23 billion, while 24-hour trading volume is $1.31 billion. Notwithstanding this, the volume of the cryptocurrency has plummeted from its January high of $66.5 billion to $1.26 billion, suggesting that fewer traders are either actively purchasing or selling the token.
Assuming the $15 support, the token may experience a relief rebound with a first goal at the 0.786 Fibonacci retracing level of $16.64. This zone would be the first proof of a probable recovery. Rising over it would enable Trump to attack two levels that have served as obstacles to further ascent: $18.34, the 0.618 Fib level, and $19.54, designated as the 0.50 Fib mark.
A continuous increase beyond these might provide the ground for a comeback to the $24 top, last hit on February 14. Still, the stakes are really high. With the $14.47 level in sight as the next significant support, failure to maintain support above $15 might expose Trump to further negative pressure. A more intense sell-off might cause the price of the bitcoin to go near the 1.414 Fibonacci extension at $10, thereby attesting to a new bottom.
Coinglass' data shows that open interest for futures is right now $515.56 million. Although traders are still keeping positions, the general trend suggests a drop in speculative activity when compared to previous highs.
With only $2.83 billion noted on February 18 compared to $69.15 billion in January, trading activity has also dropped dramatically.
#TRUMP #BNBChainMeme #AIandStablecoins #GeopoliticalImpactOnBTC #BinanceAlphaAlert $TRUMP $BTC $BNB
🚀 Crypto Buzz: Cardano & Panshibi Update! 🚀
- Cardano might face a price dip as traders shift focus to short-term gains. Despite being a top contender for a crypto ETF, its 2025 performance lags behind XRP & Litecoin. Yet, new partnerships & a community constitution could spark a rally!
- Panshibi, an Asian-inspired meme coin, is gaining traction in its presale. With its unique blend of communities & perks like stake-to-earn, it's poised for a potential surge post-launch.
Join the conversation! What are your thoughts on these trends? Drop a comment below! 💬
🚨 Crypto market slides 4.3%, with the total cap at $3.22T.
📉 $BTC – $94,742 (-1.1%)
📉 $ETH – $2,642 (-3.8%)
📉 $SOL – $163.79 (-8.6%)
📉 #BNB, #XRP, #ADA & #DOGE drop 5-7%
Will buyers step in, or is more downside ahead? 🤔
"ETH. Neat."
Let's clarify this reference and the difference between "neat," "up," "straight up," and a "straight."
Neat—straight pour, no ice, room temp.
Up—chilled, strained, no ice.
Straight Up—Same as "Up."
Straight can mean neat, chilled, or a shot.
🚀 Bitcoin's Wild Week Ahead! 🚀
Bitcoin's taken a dip to $95,800, but don't fret just yet! With its market cap at $1.907 trillion and a 56.8% dominance, Bitcoin's influence is undeniable. This week, three key events could shake things up!
💸 FTX Payouts Begin! 💸
FTX kicks off creditor payouts, potentially injecting $3 billion into the market. Will this boost Bitcoin's liquidity, or will small creditors eye other assets like Solana? Share your thoughts below!
🤔 Trump & Musk Chat! 🤔
Tomorrow's Trump-Musk interview might stir the crypto pot. Will their chat sway market sentiment? Let's hear your predictions!
📈 Fed Minutes Incoming! 📈
Wednesday's Fed minutes could impact Bitcoin. A hawkish tone might pressure prices, but a dovish hint could spark a rally. What's your take? Comment below!