Author: Yeek.io
Aavegotchi, a non-fungible token (NFT) protocol focused on Web3 gaming, has opted to abandon blockchain network Polygon and “go all-in” on Base, an Ethereum layer-2 scaling chain, according to the results of an onchain vote. On April 8, Aavegotchi’s community members voted 93.5% in favor of a proposal to “Make Aavegotchi Based Again” by deprecating the protocol’s smart contracts on Polygon and re-deploying on Base, according to Aavegochti’s governance page. “Given our close relationship with the Base team, as well as recent developments in the Base ecosystem […] we believe the most +EV move for Aavegotchi (for this cycle, at least) is…
Bitcoin, Ethereum, and most altcoins are down amid an unprecedented US tariff hike on China. Crypto markets are still reeling from the latest US tariff hike. On Tuesday, April 8, the White House confirmed that the tariff on all goods from China will increase to 104%, effective on April 9, 12:01 AM, Eastern Time. Shortly after this announcement, Bitcoin (BTC) dropped to a daily low of $76.508, while Ethereum (ETH) bottomed at $1.454. The drop was likely due to fears of the negative effects these unprecedented tariffs would have on the global economy. The White House’s decision came after China…
The meme coin space is buzzing once again, and this time, it’s not just about dogs, cats, or frogs. Enter Dragoin ($DDGN)—a fire-breathing contender bringing fantasy, fun, and function to the blockchain. While others are stuck in passive speculation, Dragoin is actively building something bigger: a meme coin powered by real-time gameplay, a deflationary token model, and a fast-moving 25-stage presale that’s already heating up.So what makes Dragoin stand out in a sea of meme coins? Let’s break it down.Presale Frenzy: 25 Stages, One OpportunityDragoin’s public presale is live now, giving early investors the rare chance to buy in at…
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…