Author: Yeek.io

Homepage > News > Business > Blockchain gaming gained 7.4M daily active wallets in 2024: report A new report from DappRadar has highlighted the uptrend of new gamers in the play-to-earn (P2E) industry, underscored by an increase in daily Unique Active Wallets (dUAW) in 2024. dUAW climbed by 421% over 12 months to reach an all-time high of 7.4 million by the end of 2024. DappRadar analysts disclosed the metric in its Blockchain Gaming Yearly Report, delving into key industry trends in what pundits are describing as a “watershed” year for the industry. DappRadar said the industry has enjoyed sustained growth…

Legal trouble is catching up to Pump.fun. With two lawsuits in motion and fraud allegations flying, is this meme coin casino finally running out of luck? Pump.fun, a platform notorious for launching meme coins on the Solana (SOL) blockchain, is now facing a second class-action lawsuit just days after the first. The legal battle, led by Burwick Law and Wolf Popper LLP, alleges that the platform is violating U.S. securities laws by selling unregistered securities disguised as meme tokens. **LAWSUIT ALERT**Burwick Law and @WolfPopperLLP have filed a second federal class action lawsuit on behalf of investors against the PumpdotFun platform.Full…

  The Long/Short Ratio stood at 1.14, indicating strong bullish sentiment among traders. On-chain metrics revealed that exchanges have witnessed an outflow of AAVE worth $2.5 million. Aave [AAVE] appeared bullish and, based on its recent price action on the daily time frame, seems to be preparing for a massive upside rally. During the recent price drop, the asset fell to a crucial support level of $285, which has a history of strong and solid price reversals. Source: TradingView Since the beginning of December 2024, AAVE has reached this support level multiple times, each time experiencing a massive upside rally…

XRP price started a consolidation phase from the $3.20 resistance zone. The price is now consolidating gains and might aim for more gains above the $3.20 zone. XRP price started a downside correction from the $3.220 zone. The price is now trading above $3.050 and the 100-hourly Simple Moving Average. There was a break above a bullish flag pattern forming with resistance at $3.10 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it clears the $3.20 resistance zone. XRP Price Eyes Fresh Gains XRP price started a fresh…

Este artículo también está disponible en español. In the past few days, Bitcoin (BTC) has withstood two key developments that could have derailed the cryptocurrency’s bullish momentum. Given Bitcoin’s resilience, analysts are now predicting a new BTC all-time high (ATH) in the coming weeks. Bitcoin Defies DeepSeek Sell-Off, FOMC Uncertainty Earlier this week, US stocks took a hit after Chinese AI firm DeepSeek unveiled its open-source LLM, raising concerns over the high market valuation of its American counterparts. As a result, the S&P 500 saw a strong sell-off, with NVIDIA leading the losses, dropping 16% in a single day. Related…

The SEC acknowledges Canary Capital’s Litecoin ETF, potentially the first altcoin ETF outside BTC & ETH. Regulatory shifts under Mark Uyeda boost optimism for broader altcoin ETF approvals in 2025. The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Canary Capital’s Litecoin [LTC] ETF filing, marking a potential milestone in the expansion of crypto-based exchange-traded funds. Under the leadership of Acting Chairman Mark Uyeda, the SEC began reviewing the 19b-4 application submitted by Nasdaq on 29th January. Execs weighs in Bloomberg ETF analyst James Seyffart confirmed the development, noting that this filing could pave the way for Litecoin to…

I was recently having a conversation with a friend in Kenya who described how difficult it was for women in that country to stand in local elections due to the complexity of setting up a bank account. The first challenge is to obtain identification documents, which is a process that is complicated by cultural attitudes in certain communities in which the men may object to women seeking independent documents. Many women also live far from registration centres, have limited literacy to complete the forms and may not be able to afford the journey and the documentation fees. Furthermore, many women…

Bitcoin price started a fresh upward move above $103,200. BTC is now correcting gains and might revisit the $102,000 support zone. Bitcoin started a decent upward move above the $103,200 zone. The price is trading above $103,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $103,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $102,000 zone. Bitcoin Price Recovers Above $102,000 Bitcoin price started a decent increase above the $101,500 resistance zone. BTC was able…

Ever wondered why blockchain gaming is blowing up right now? You might have heard terms like “play-to-earn” and “NFTs” frequently but are unsure which platforms are truly worth exploring. As someone who’s been following this space for a while, I’ve seen a few gaming-focused blockchains popping up in conversations, Discord chats, and Twitter threads. In this article, we’ll take a relaxed yet thorough look at the top five by market cap, see where each one shines, and point out any trade-offs you might want to consider. Why Compare Gaming Blockchains in the First Place? Before diving in, it helps to…

Homepage > News > Finance > Hong Kong legislators discuss new stablecoin bill In December 2024, the Hong Kong government submitted a proposed stablecoin bill to the Legislative Council as it seeks to better police the $220 billion industry. Legislators recently convened to discuss the bill for the first time, with some key officials from the government invited to share their views on the future of stablecoins in the city-state. The dedicated LegCo stablecoin committee invited Francis Ho and Tanna Chong, deputy secretaries for financial services at the Treasury, to offer their views on stablecoin regulations. Daryl Ho and Ernest…