Author: Yeek.io

Despite growing competition from emerging issuers, the stablecoin market remains largely dominated by a few key players. According to data from Web3 research firm Nansen, Tether’s USDt continues to lead among US dollar-pegged stablecoins, even as competition intensifies.As of April 25, Tether (USDT) has a roughly 66% market share among stablecoins, compared to around 28% for USDC (USDC), Nansen said in the April 25 report. Ethena’s USDe stablecoin ranks a distant third, touting a market share of just over 2%. Nansen expects Tether’s lead to endure even as rivals such as USDC clock faster growth rates. “With nearly 3x as many…

The United States House Committee on Financial Services is slated to host a hearing focused on digital asset innovation next Tuesday, according to the committee’s schedule listed on its website.Digital Assets On HFSC DocketTitled “American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century,” the hearing is expected to cover crypto market structure at large amid broader regulatory changes toward the digital asset sector. 1) This week in Congress and crypto: We are entering a pivotal period for crypto in DC. Stablecoin bills waiting for a vote, market structure legislation releasing soon, Trump calling for a…

Homepage > News > Business > Treechat adds AI for media creation, NFT minting to follow Treechat is set to roll out new features for creating and minting NFTs, assisted by artificial intelligence (AI). The threaded-chat social media and art creation network runs on scalable BSV, and its built-in economic model makes it the place for creators and their audiences. The hottest new feature is AI generation on request. Users can choose the model they prefer from a drop-down list, type a prompt for an image or video, and post the results. Currently, this is free to use, but Treechat…

Gold-backed cryptocurrencies have spiked in value amid the global trade war unleashed by US President Donald Trump’s April 2 tariffs.Tether Gold (XAUT) and Paxos Gold (PAXG) reached all-time highs on April 22, with Tether Gold touching $3,529 and Paxos Gold recording a peak of $3,520, according to data from CoinMarketCap. Two other gold-backed cryptocurrencies — Quorium (QGOLD) and Kinesis Gold (KAU) — have seen rises of 8.5% and 7.6%, respectively, in the past 30 days. All four tokens are up 40% or more in the past 12 months, CoinGecko data shows.Related: Tether clocks $13B in 2024 profits, US bond holdings…

Tether has published its first official attestation for Tether Gold (XAUT) for the first quarter of 2025, confirming that every token in circulation is fully backed by physical gold. As of April 28, 2025, the company reported that more than 7.7 tons of gold, equivalent to 246,523.33 troy ounces, are securely backing the tokens. Tether Reports XAU₮ Grows Amid Shifting Monetary Landscape, Releases its First Attestation for Q1 2025, More Than 7.7 Tons of Physical Gold Backing the Token in CirculationRead more @tethergold https://t.co/GM2ngyVFO6— Tether (@Tether_to) April 28, 2025 Tether’s XAUT Surpasses $770M, Driven by Demand for Inflation HedgesXAUT, each…

The Pudgy Penguins-themed meme coin Pengu PENGU/USD has surged over 123% in the past seven days, becoming one of the best-performing meme coins on the market. CryptocurrencyPrice   24-Hour Trend7-Day TrendPengu PENGU/USD $0.01158+8.5%+123%Dogecoin DOGE/USD $0.175-3% +8.5%Shiba Inu SHIB/USD $0.00001337-1.4%+5.8% Trader Notes: Pseudonymous trader ‘fuel’ sees the breakout “confirmed” and “a clear road” to a valuation of $1 billion. Trader ‘BullishBanter’ says Pengu “pulled a god candle” and predicts consolidation below “the old imbalance zone” below 1.8 cents. Trader ‘Don’ was equally bullish, targeting 2.5 cents as his next take profit before a final target of over 4 cents. Statistics: Coinglass data shows open interest increased to over $100 million,…

Ethereum is now facing a critical test as it trades within a tight range, sitting below the $1,850 resistance and above the $1,750 support. After a strong recovery from the $1,400 level earlier this month, bulls have managed to stabilize price action, but the real challenge is now unfolding. To confirm a sustainable bullish structure, Ethereum must decisively reclaim the $2,000 level in the coming days. Market sentiment remains cautious as Ethereum consolidates below resistance while macroeconomic uncertainty continues to weigh on risk assets. Top crypto analyst Big Cheds shared insights on X, highlighting a technical concern: Ethereum is displaying…

Key Takeaways: Switzerland now has over 600 crypto-friendly merchants. Bitcoin payments settle instantly via Lightning QR codes. After successful tests in Zug and Kreuzlingen, Spar Switzerland plans to let shoppers pay with Bitcoin at all its stores.Cashiers will scan a static Lightning Network QR code from DFX Swiss’s OpenCryptoPay platform. Payments settle in seconds, and the system prints a confirmation receipt.Why Switzerland Continues to Lead in Crypto AdoptionSpar will become the country’s first major grocer to include Bitcoin at every checkout. The grocer’s locations already appear on BTC Map, the community directory of crypto-friendly businesses. The move strengthens Switzerland’s reputation…

In an uncertain week for the meme coin market, FARTCOIN has defied the odds, surging 27% over the past seven days, according to CoinGecko.Source: CoinGeckoAt the same time, meme coin market volume soared to $8.42 billion, marking a 14% jump despite a general downturn that saw the total meme coin market cap fall 3.7% to $59 billion.Source: CoinGeckoOver the past 30 days, FARTCOIN has rocketed an astounding 170%, firmly establishing itself as the best performer among the top 100 cryptocurrencies. FARTCOIN’s price currently sits at $1.16, edging closer to key resistance points at $1.27 and $1.52.If momentum holds, a breakout…

Quick take: The two companies have partnered to bring Lombard’s liquid-staked bitcoin LBTC to the EigenLayer ecosystem, for restaking. Lombard and Eigen Foundations also plan to bolster BTC restaking security and slashing design in the coming months. The partnership will contribute to Lombard’s long-term plan of expanding Bitcoin utility through more use cases. Bitcoin liquid staking platform Lombard has partnered with Eigen Foundation to bring BTC restaking to the EigenLayer ecosystem. The partnership allows Bitcoin holders to to earn yield by staking BTC on the Babylon protocol and further rewards through restaking on Eigenlayer. EigenLayer is the leading crypto restaking…