Author: Yeek.io

Shiba Inu, the popular Ethereum-based meme coin, has dropped to a critical support level as the broader cryptocurrency market remains under pressure. Shiba Inu (SHIB) price rebounded to $0.00001199 on Wednesday after trading at $0.00001145, its lowest level since February 27, and 65% from its lowest level this year.  This crash is because of the ongoing performance of the crypto market as Bitcoin (BTC) and most altcoins have retreated.  Both SHIB’s fundamentals and technical indicators suggest further downside in the coming days. One key metric is the Mean Dollar Invested Age, which tracks the average time that each dollar’s worth…

Quick take: The Squad will continue to operate as an independent brand under the Goldfinch umbrella. The studio is renowned for introducing the “Film3” concept — an ownership, funding and distribution framework centered around artists rather than traditional studio structures. The framework leverages community-powered funding, AI-enhanced production workflows and direct-to-audience distribution channels. Goldfinch has partnered with Web3 Studio The Squad to build a creator-focused framework for film production and financing. The UK-based entertainment financier will leverage The Squad’s Web3 expertise, generative AI and engagement technologies to create a pipeline of film, TV and immersive experiences. According to the report by…

Prediction marketplace Kalshi has started taking Bitcoin (BTC) deposits in a bid to onboard more crypto-native users.The company that lets users bet on events ranging from election outcomes to Rotten Tomatoes film ratings has seen a strong uptake among crypto traders, Kalshi told Cointelegraph on April 9. For instance, event contracts for betting on Bitcoin’s hour-by-hour price changes have seen $143 million in trading volume to date, a spokesperson said.Kalshi is a derivatives exchange regulated by the US Commodity Futures Trading Commission (CFTC). As of April 9, it listed some 50 crypto-related event contracts, including markets for betting on coins’…

Ethereum developer and early contributor Virgil Griffith has been granted early release from prison after serving nearly five years for violating U.S. sanctions on North Korea. Griffith, 41, was arrested in 2019 following a controversial trip to North Korea, where he gave a presentation at a cryptocurrency conference in Pyongyang. U.S. prosecutors alleged that his talk, titled “Blockchain for Peace,” explained how the country could use crypto to evade sanctions and launder money. Griffith pleaded guilty in 2021 to one count of conspiracy to violate the International Emergency Economic Powers Act and was sentenced to 63 months in prison and…

Key Takeaways: Europe’s first regulated Dogecoin ETP is expected to attract institutions that previously shied away from direct crypto purchases. The joke cryptocurrency would gain further legitimacy through regulated products. Launch timing aligns with the growing global demand for crypto ETPs across several markets. Leading asset manager 21Shares announced on April 9 that it’s partnering with the House of Doge to launch Europe’s first Dogecoin ETP. The House of Doge is the corporate division of the Dogecoin Foundation.The Dogecoin ETP will trade on the SIX Swiss Exchange under the ticker DOGE, making the cryptocurrency more accessible to traditional EU investors.European…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. An Ethereum whale has dumped its ETH holdings after holding them for over two years, even through a bull market. This capitulation from the ETH whale suggests it might be a good time to offload the leading altcoin, with…

It is official, meme coins are about to start paying rent, and for the first time ever, memes are being monetized at scale.The CartelFi presale promises real DeFi revenue, and market appetite is red hot with this presale igniting wild speculation, raising $505k in 1 day. It is solving meme coins’ central flaw of idle speculation and is about to unlock real revenue for billions of dollars in dormant capital while allowing hodlers to keep 100% upside exposure. The CartelFi team has figured out how to make a meme coin pay—read on to discover why this crypto could quickly become a…

Homepage > News > Business > India backs Sri Lanka’s tech modernization under new deal India has reached an agreement with Sri Lanka to extend its successful digital initiatives that have been implemented on a large scale to drive digital transformation. This partnership aims to share effective digital solutions that have proven successful in India and support Sri Lanka’s efforts to enhance its digital infrastructure and services. Prime Minister Narendra Modi traveled to Sri Lanka to strengthen the countries’ defense and energy relations. During his visit, Modi finalized ten agreements with Sri Lanka, one of which focused on advancing Sri Lanka’s digitalization. Among other key agreements were those related to defense collaboration, integrating electric grid systems, and developing an energy hub at…

US-developed web3 video game Shrapnel has been granted approval to operate on China’s state-backed RWA Copyright Chain, allowing the game to distribute tokenised in-game items under Chinese law and making it the first foreign blockchain-based title to achieve this level of legal recognition in the country.By obtaining this licence, Shrapnel gains access to one of the world’s largest gaming markets—worth over $40 billion—under full regulatory compliance.The game’s Chinese launch will involve local partnerships, new distribution channels, and integration with the country’s asset verification systems. Source: ShrapnelWhat can we expect from this latest development?The Chinese version of Shrapnel will differ from…

Opinion by: Sergej Kunz, co-founder of 1inchInstitutional players have been closely watching decentralized finance’s growth. Creating secure and compliant DeFi platforms is the only solution to build trust and attract more institutions.Clear waters attract big shipsOver the past four years, institutional DeFi adoption has gone from 10% of hedge funds to 47%, and is projected to rise to 65% in 2025. Goldman Sachs is reaching their arms to DeFi for bond issuance and yield farming. Early adopters are already positioning themselves in onchain finance, including Visa, which has processed over $1 billion in crypto transactions since 2021 and is now testing…