Author: Yeek.io

Homepage > News > Finance > India’s UPI sees phenomenal growth as digital payments soar India’s Unified Payments Interface (UPI) stood out as the most popular digital payment method, reporting a remarkable rise in transactions in 2024. Throughout the year, India pushed for its international expansion and domestic adoption for everyday purchases. Introduced in 2016, UPI offers instant money transfers and is a single mobile application for accessing different bank accounts. “Hands down, UPI remains the backbone of India’s digital payments ecosystem,” Raj Kapoor, founder of India Blockchain Alliance (IBA), told CoinGeek. “As of 2024, UPI processed over 12 billion transactions monthly, with a year-on-year…

Decentralized exchange platform PancakeSwap had a remarkable 2024 as growth across decentralized finance drove trading volume to over $310 billion. In a report summarizing the DEX platform’s year-over-year performance, PancakeSwap (CAKE) said its global trading volume reached $310.6 billion. The protocol achieved the milestone across nine blockchains, representing a growth of 179% by year. Notably, PancakeSwap’s total trading volume in 2023 hit $111.3 billion. According to PancakeSwap, the huge jump in its 12-month trading volume came amid staggering increases for layer-2 networks Arbitrum and Base. Meanwhile, PancakeSwap recorded its single largest daily trading volume of $3.47 billion on December 16, 2024. The…

Pepe coin price joined other meme coins in a rebound as the Santa Claus rally happened on Christmas Eve. Pepe (PEPE), the third-biggest meme coin, surged in a high-volume environment as investors bought the recent dip. This rally happened as Bitcoin (BTC) jumped to $98,500, and the crypto fear and greed index approached the greed zone.  Most cryptocurrencies rallied, with the market cap of all coins tracked by CoinGecko hitting a high of $3.60 trillion.  Pepe had a 24-hour volume of $2.2 billion, while the futures open interest rose for the third consecutive day, reaching a high of $151 million.…

Crypto markets have again seen a sheer retracement at the start of this week. As per Santiment, this growing correction has escalated fear, uncertainty, and doubt among retail crypto investors, especially those newly entering the market. The intelligence platform used social media to highlight the increasing fear among the retail investors. 📉 Crypto markets have opened the week retracing further, instilling panic toward the retail crowd. Particularly Bitcoin and Ethereum are seeing massive FUD from newer traders who joined markets in the past 2-3 monthsThese new traders have not seen mid-sized corrections before,… pic.twitter.com/L7yHMPLCNR— Santiment (@santimentfeed) December 23, 2024 Further…

Bitcoin has been struggling to reclaim the $100,000 mark, facing persistent resistance while finding strong support around $94,000. Yesterday brought an interesting twist to the crypto market. While BTC grappled with selling pressure and volatility, Altcoins stole the spotlight, with many posting impressive gains of over 10%. This shift hints at a potential change in market dynamics. Top analyst Jelle recently shared insightful data on X, highlighting a significant development in the Bitcoin dominance chart. According to Jelle, BTC dominance has broken down, and the breakdown has been confirmed, signaling a possible shift of capital flow toward Altcoins. This trend…

Analysts and investors alike have Dogecoin under the lens, particularly in light of recent forecasts indicating a possible price spike. Market analyst Javier Santini has made headlines with his forecast that Dogecoin could hit $4 within a week after an ongoing correction phase. Analyst’s Take Javier Santini, founder of Elemento Cripto, bases his prediction on how prices have changed since Dogecoin’s start in 2017. He says that drops below all-time highs are likely to last for a month or more before the coin starts to rise again. Every mid cool-off (below ATH) since the beginning of $DOGE has exactly 1…

Important Update On July 21, 2021, a consensus issue was identified on the Ropsten network, where the go-ethereum, Erigon and Nethermind implementations had different transaction validation logic than Besu and OpenEthereum. New versions of the affected clients have been released and are linked in the “Client Versions” table below. The block number for London is unchanged, and still is 12 965 000. Node operators using an affected client MUST upgrade to the latest version. An overview of the issue is provided in the “Ropsten Consensus Issue” section. London After a successful testnet deployement, the London upgrade is now ready to…

Are you looking to find the best crypto presales for your next investment? Crypto presales are a unique chance to get in early on exciting projects before they go public. In these presales, you can buy tokens at lower prices, with the potential for big rewards as the projects grow.  But with so many options out there, it can be tough to know which presales are worth your time and money. In this guide, we’ll dive into some of the most promising crypto presale projects, what they offer, and how to pick the right one for you. Key Takeaways: Crypto…

Floki has announced that its crypto education platform University of Floki is now live. The Floki (FLOKI) crypto project revealed the launch of its University of Floki as part of a major roadmap in March. After months in the making, the educational platform has launched amid bullish projections for what it can achieve in the quest to “bridge the knowledge gap for the next wave of crypto users.” Floki says the official opening of the platform will help make blockchain technology and web3 accessible to the global community. Experts will bring courses across decentralized finance, smart contracts, non-fungible tokens and…

contributor Posted: December 24, 2024 Traders are over-leveraged near $0.000158 on the lower side and $0.000186 on the upper side. Floki (FLOKI) could soar by 15% to reach the $0.00021 mark. Floki [FLOKI]  is set to reverse its downward trend following the formation of a bullish price pattern. FLOKI, along with Cardano [ADA], Ripple[XRP], and Shiba Inu (SHIB), has shown a similar price recovery as of the 24th of December 24 2024. Rising Open Interest Amid the ongoing price recovery, interest from traders and long-term holders appears to be rising, as reported by the on-chain analytics firm Coinglass. Data revealed…