Author: Yeek.io

Dogecoin’s whale accumulation and bullish structure pointed to a potential breakout above $0.20 On-chain metrics and S2F ratio alluded to growing user activity and long-term scarcity Dogecoin [DOGE] has seen a significant accumulation phase, with whales acquiring over 80 million DOGE in just 24 hours. This aggressive buying spree by major holders seemed to coincide with a fresh wave of bullish sentiment. Especially as the memecoin rebounded from its local lows.  At press time, DOGE was trading at $0.1638, up 4.07% in the last 24 hours. This, on the back of a significant recovery on the charts amid market-wide volatility.…

An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market.A whale, or large cryptocurrency investor, sold a CryptoPunk NFT for 4,000 Ether (ETH) worth more than $6 million at the time of writing.The investor originally purchased the NFT for 4,500 ETH, or roughly $15.7 million, a year ago, according to blockchain analytics firm Lookonchain.“Did he only lose 500 $ETH($774K)? No—he actually lost $9.73M!” Lookonchain wrote in an X post. “When he bought it, $ETH was trading at $3,509. By the time he sold, $ETH…

Bitcoin remains on track to surpass $1.8 million by 2035 despite recent price corrections and waning investor appetite caused by ongoing global trade tensions, according to Joe Burnett, director of market research at Unchained.Speaking during Cointelegraph’s Chainreaction live show on X, Burnett said that Bitcoin is still in a long-term bullish cycle and could potentially rival or surpass gold’s $21 trillion market capitalization within the next decade.Despite tariff uncertainty limiting risk appetite among investors, research analysts remain optimistic about Bitcoin’s (BTC) long-term prospects for the next decade.“When I think about where Bitcoin will be in 10 years, there are two…

Homepage > News > Business > India’s Assam province brews blockchain, AI-driven tea auction India, the world’s second-largest tea producer after China, is set to implement a blockchain and artificial intelligence (AI)-powered auction system to enhance transparency and streamline operations within the tea industry. The northeastern state of Assam has announced its plans to collaborate with various tea industry stakeholders to establish India’s first AI-driven, blockchain-based tea auction platform. This innovative system is poised to transform the tea trade by ensuring secure transactions and promoting fair pricing practices. By leveraging these advanced technologies, the platform is expected to not only boost the efficiency of…

A New York lawmaker has introduced legislation that would allow state agencies to accept cryptocurrency payments, signaling growing political momentum for digital asset integration in public services.Assembly Bill A7788, introduced by Assemblyman Clyde Vanel, seeks to amend state financial law to allow New York state agencies to accept cryptocurrencies as a form of payment.It would permit state agencies to accept payments in Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH), according to the bill’s text.Source: Nysenate.govAccording to the bill, state offices could authorize crypto payments for “fines, civil penalties, rent, rates, taxes, fees, charges, revenue, financial obligations or…

Key Takeaways: The lawsuit seemingly accuses Musk of launching a multi-front attack to derail OpenAI’s progress. According to the filing, Musk allegedly walked away from OpenAI after it refused to absorb into Tesla, failed to fulfill a $1B pledge, and swiftly founded xAI. The legal battle is unfolding against a backdrop of Musk’s growing political entanglements with Trump’s administration. OpenAI is countersuing Elon Musk after the Department of Government Efficiency (DOGE) head pursued litigation against the organization last week, an April 9 filing in the Northern District of California shows.OpenAI Pushes BackAccording to the Wednesday court filing, Musk attempted to…

In just over two months since going live, Monad’s testnet has become one of the most explosive growth stories in Web3, and it’s not even on mainnet yet. With nearly 100 NFT collections already deployed, a rapidly growing community of builders, collectors, and artists is turning Monad into a creative gold rush for those paying attention early.Testnet Momentum and Airdrop HypeIn a market eager for early-stage momentum plays, Monad has captured outsized attention. Community-led campaigns, a frictionless testnet experience, and rising speculation around a potentially massive airdrop have turned the network into a live laboratory for NFT experimentation and opportunity.Millions…

Homepage > News > Finance > This Week in Crypto: SEC says some stablecoins are not securities SEC declares certain stablecoins are not securities This week, the Securities and Exchange Commission (SEC) made a formal declaration that stablecoins, particularly “covered stablecoins,” are not securities, meaning they do not need to be registered with the SEC before entering the market. That clarification, while probably unnoticeable to most crypto users, could mark a significant step forward for the institutional adoption of stablecoins. The SEC defines a “covered stablecoin” as one that’s backed by U.S. dollars and/or other low-risk, highly liquid assets, like treasury bills,…

Sidechain developer StarkWare and Weizmann Institute of Science researchers claim to have created a workaround for multiple Bitcoin script limitations.According to a recent research paper, the new design claims to allow the deployment of complex smart contracts on Bitcoin in a more capital-efficient manner. The new system may also be vastly more efficient from a computing standpoint.ColliderVM is a protocol designed to enable stateful computation on Bitcoin, allowing multi-step processes to be securely executed over multiple transactions. Traditionally, Bitcoin script output is not accessible to other scripts, making complex calculations nearly impossible.The researchers argue that ColliderVM could allow the use…

The blockchain gaming sector experienced a mixed performance in the first quarter of 2025, with a notable rise in deal volume but a sharp decline in total funding.Web3 gaming projects raised $91 million in Q1 2025, marking a 71% drop from the previous quarter and a 68% decline year-over-year, according to DappRadar’s latest State of Blockchain Gaming report.DappRadar analyst Sara Gherghelas noted that the significant downturn highlights growing challenges for early-stage startups, especially in the current macroeconomic environment.“Unless broader market conditions improve, 2025 may prove more difficult than previous years,” she wrote.Blockchain Gaming Deals Rise 35% in Q1 Despite Drop…