Author: Yeek.io

Key Takeaways: Over half of Singapore’s crypto owners use digital currencies for regular purchases. Gen Z and millennials lead adoption with 40% ownership and frequent retail use. Companies like Sony now accept crypto payments despite ongoing user challenges. Cryptocurrency is becoming a practical payment method in Singapore, driven by tech-savvy youth and increasing transaction volumes. While adoption grows steadily, challenges like complexity and limited acceptance remain. More people own crypto in Singapore, with younger users leading the way: Survey https://t.co/KLbagxDvF0— The Straits Times (@straits_times) April 8, 2025 According to a Straits Times report published on April 8, ownership rates in…

When blockchain technology first emerged, trading virtual coins was relatively simple. Buyers and sellers either used dedicated cryptocurrency exchanges or negotiated deals directly through the OTC (over-the-counter) market. This straightforward approach suited the early days of crypto when it was a niche interest primarily among tech enthusiasts. As cryptocurrency gained broader adoption, the market’s complexity grew, and so did the demand for more advanced trading tools. Traditional methods of buying and selling became insufficient for an asset class characterized by rapid price swings and speculative trading.  That’s where Contracts for Difference (CFDs) come in. CFD is a trading instrument used…

Ethereum price has been on a freefall this year, making it one of the worst-performing major cryptocurrencies.  Ethereum (ETH) has dropped for three consecutive weeks, falling to its lowest level since March 2023. It has lost over half of its value from its November peak, costing investors billions. This article breaks down the ongoing Ethereum price crash using key charts. Spot Ethereum ETFs have had substantial outflows One reason why the ETH price has plunged is that spot ETFs have had substantial outflows this year, pointing to weak demand in the United States. The chart below shows that these funds…

Homepage > News > Business > Microsoft signs pact with India’s Maharashtra for AI centers Technology giant Microsoft (NASDAQ: MSFT) has partnered with the Maharashtra state government in western India to leverage artificial intelligence (AI) in improving government operations and public service delivery. Three AI Centres of Excellence will be set up throughout Maharashtra as part of this collaboration. “With this collaboration, Maharashtra strengthens its commitment to ‘Digital India, Self-reliant Maharashtra,’ ensuring that governance becomes more capable, citizen-centric, and transparent,” Devendra Fadnavis, chief minister of Maharashtra, announced in an X post. “AI will enable better decision-making in sectors like agriculture,…

Investing in cryptocurrency can feel like a rollercoaster ride—thrilling, unpredictable, and sometimes nerve-wracking. One of the most crucial skills in this volatile market is knowing when to sell your crypto assets. Timing your exit can mean the difference between securing significant profits and watching gains disappear as the market shifts. Selling too early can protect you from losses but also cause you to miss out on future gains—like selling Bitcoin at $1,000 in 2013, only to see it rise above $60,000 later. However, holding for too long carries risks as well. A market downturn could turn unrealized gains into losses,…

Quick take: The deal was structured as mostly cash, XRP token allocation and stock, Fortune reported. The acquisition is set to close in the coming months pending regulatory approval. As part of the deal, inject billions of dollars of capital to provide immediate scale and satisfy the demand for Hidden Road’s prime brokerage. Ripple has announced the acquisition of crypto-friendly prime broker Hidden Road in a deal worth $1.25 billion. According to the announcement on Tuesday, the deal was structured as mostly cash, XRP token allocation and stock. The acquisition represents another strategic move by the crypto payments infrastructure company…

Ripple’s $1.25 billion acquisition of prime broker Hidden Road is a “defining moment” for the blockchain payments company, potentially unlocking more use cases for the XRP Ledger among institutions, said David Schwartz, Ripple’s chief technology officer. “Ripple’s acquisition of Hidden Road is a defining moment for the XRP Ledger and XRP,” Schwartz said on social media on April 8. Hidden Road is a prime brokerage and credit network with more than 300 institutional customers. On a typical day, it clears more than $10 billion and processes more than 50 million transactions across traditional rails. “Now imagine even a portion of that activity on…

Love signing transactions? Neither do we. Synthetix Accounts are here. Login, deposit, and trade over 100 perps markets with no confirmation, and no hassle.Powered by Alchemy’s embedded wallet tech, Synthetix Accounts bring gasless 1-click trading to Synthetix Perps. Just use your email or Google account to get started—no seed phrases, no browser extensions, no wallet pop-ups, and no gas.What is a Synthetix Account?Your Synthetix Account is a smart wallet built for onchain perps trading. Open a Futures Account, deposit straight from a centralized exchange, and start trading instantly. Your funds stay onchain and in your control.Synthetix Accounts are powered by…

Cap, a bold new player in the stablecoin space, has secured $11 million in a seed funding round led by Franklin Templeton, Triton Capital, and Susquehanna International Group, with strong backing from prominent crypto-native firms like Superscript, Rockaway X, GSR, IMC Trading, Laser Digital (Nomura), and Flow Traders. This raise comes shortly after Cap’s successful $1.1 million community round via Echodot, which saw participation from Omega, Patrons, and Crab Notes, along with contributors from the “Mega Mafia” ecosystem—including MegaETH Labs, Hop Network, and Euphoria Finance. It is tackling one of the most pressing challenges in crypto today: creating sustainable, risk-managed…

The crypto market has just experienced a significant downturn, pushing the prices of BTC, ETH, and SOL far below their all-time highs. In this context, many investors are wondering whether the present is a good time to “buy the dip” or if the market will continue to decline before staging a recovery.As of April 8, 2025, BTC is trading around 79,466 USD, ETH is priced at 1,570 USD, and SOL has dropped to 108 USD.When Trump Puts Pressure on the Crypto MarketThe wave of tariff imposition disrupted global trade flows and dampened investor risk sentiment. Risk assets such as tech…