Author: Yeek.io

Welcome to our latest weekly crypto and NFT market roundup. This week saw some seriously contrasting signals from potential large-scale Bitcoin auctions by the US government, to NFT sector shake-ups involving leading collections. Whether you trade major tokens or keep an eye on niche projects, staying informed helps you navigate ongoing volatility, regulatory rumblings, and evolving trends across digital assets. Big Bitcoin Dump Coming: Should Traders Worry? Really big dumps are in the news again, and not just because of a certain scatterbrained orange felon set to once again take the wheel in the US. The Department of Justice has…

Corporate accredited investors (corporate AIs) will now be able to purchase bespoke tokenised bonds from OCBC, the Singapore-based bank, as it looks to commercialise and scale the usage of tokenised assets. The tokenised bonds which reference investment grade bonds, are structured based on the client’s desired tenor and yield. They are then minted and transferred to the client’s wallet created on OCBC’s asset tokenisation platform. This is the second commercial use case using the OCBC blockchain infrastructure which was developed in 2022. The first commercial use case was a partnership with LTA to pilot a blockchain-based conditional payment solution for construction…

GoPlus has announced the launch of its revolutionary and native token, $GPS. In the platform’s history, this is a remarkable milestone in reshaping the security of the Web3 landscape. For the GoPlus Security Network, this token launch is the major cornerstone. It further incentivizes decentralized infrastructure, paving the way for an advanced security system. The foundation has further introduced its guiding principle, “Protect your everyday transaction.” In the Foundation of a Secure Universe, GoPlus Integrates Decentralization With the launch of its native token, GoPlus has introduced a transformative shift, redefining centralized service providers into decentralized security ecosystems. With this advancement,…

Bitcoin ATMs are popping up worldwide, with their numbers jumping 6% in 2024, showing how crypto is becoming more mainstream. The number of Bitcoin ATMs keeps growing, making it easier for people to buy and sell cryptocurrencies. Recent reports show this trend is continuing. Just like regular ATMs, Bitcoin ATMs let you add cash to your crypto wallet, so the process is quick and simple. So, what exactly are Bitcoin ATMs? These machines work like regular ATMs but are made for cryptocurrencies. Bitcoin (BTC) and sometimes other tokens can be bought using cash or a bank card. Some machines even…

SUI bearish narrative has gained traction as the price slips below the 4-hour Simple Moving Average (SMA), a critical threshold for gauging market direction. The break below this level underscores mounting selling pressure and raises concerns about the asset’s ability to recover in the short term.  The 4-hour SMA, previously acting as a support level, now poses a significant barrier to any potential bullish rebound, reflecting a clear shift in momentum favoring the bears. With this development, the likelihood of a continued breakdown tends to increase, possibly pushing SUI toward lower support levels.  Traders and investors are closely watching the asset’s…

One of the criticisms that many people have made about the current direction of the cryptocurrency space is the increasing amount of fragmentation that we are seeing. What was earlier perhaps a more tightly bound community centered around developing the common infrastructure of Bitcoin is now increasingly a collection of “silos”, discrete projects all working on their own separate things. There are a number of developers and researchers who are either working for Ethereum or working on ideas as volunteers and happen to spend lots of time interacting with the Ethereum community, and this set of people has coalesced into…

The Animecoin Foundation, in collaboration with Azuki, has revealed plans to launch the $ANIME token in January 2025.The initiative aims to decentralise the anime ecosystem, giving fans and creators greater opportunities to participate in and shape its future. Built on Ethereum and Arbitrum, $ANIME seeks to connect anime enthusiasts, content creators, and industry stakeholders through a shared token economy.With $ANIME, the foundation intends to enable active contributions and foster a community-driven approach to funding, creating, and distributing content. Source: AnimecoinWhat is $ANIME Token?The $ANIME token is a blockchain-based asset designed to create a decentralised, community-owned ecosystem for anime enthusiasts. The…

Homepage > News > Finance > Timechain Labs plans mutual funds tokenization in India India’s Timechain Labs, which has been educating developers and funneling talent into the BSV ecosystem, is looking to partner with mutual funds companies for tokenization. Started by Rohan Sharan, Timechain Labs plans to partner with different issuers of financial instruments, such as mutual funds, and target their tokenization. “The opportunity is huge for whoever is able to capture it,” Sharan told CoinGeek in an exclusive interview.  “And the benefit is that mutual funds, once they are tokenized, you can have them used as easy collateral. Right now, a lot of…

ZRC, the native token of Ethereum layer-2 network Zircuit, rallied over 19% after its listing on a prominent centralized exchange. Zircuit (ZRC) soared to $0.079 on Jan. 13, a 24.8 rally from its weekly low of $0.063, while bringing its market cap to over $160 million at press time. The altcoin’s price rally came as its daily trading volume rose 69% from $32 million early Monday morning to over $56.8 million. ZRC’s sharp rally on Monday followed an announcement by Bithumb, a major South Korea-based crypto exchange, that it would list the altcoin on its platform with a KRW trading…

TRON’s price is at a crucial support level, which could signal a breakout or a correction Market sentiment and institutional activity could play a big role in TRON’s next move TRON finds itself at a crossroads, hovering just above its 1-Year MA +2 Sigma level, a key threshold that has historically marked the tipping point for major price reversals and a psychological battle for bulls and bears alike. As TRON edges closer to testing this crucial support, the question on every trader’s mind is whether history will repeat itself. Or is the market now bracing for an unprecedented breakout? A…