Author: Yeek.io
Ripple’s XRP (XRP), the third-largest cryptocurrency by market cap, gained national recognition after President Donald Trump mentioned the “valuable cryptocurrency” alongside BTC, ETH, SOL, and ADA as part of a planned US strategic crypto reserve. Trump’s executive order on March 6 established a new structure for the altcoins — the Digital Asset Stockpile, managed by the Treasury. While the crypto community remains divided on whether XRP is truly as valuable as President Trump suggests, a closer look at the altcoin’s utility is warranted. XRP’s potential role in bankingLaunched in 2012 by Ripple Labs, the XRP Ledger (XRPL) was designed for interbank settlements.…
A Bitcoin whale has closed over half a billion in short positions, betting on Bitcoin price’s decline ahead of the much-awaited Federal Open Market Committee (FOMC) meeting this week.A large crypto investor, or whale, made nearly $10 million profit after closing a 40x leverage short position for 6,210 Bitcoin (BTC) — worth over $516 million — which functions as a de facto bet on Bitcoin’s price fall.Leveraged positions use borrowed money to increase the size of an investment, which can boost the size of both gains and losses, making leveraged trading riskier compared to regular investment positions.Bitcoin whale closed shirt…
Ethereum Foundation now appears to be shifting focus toward founder-driven growth and capital formation after facing criticism from investors and builders. Ethereum‘s leadership seems to be reconsidering its growth strategy as criticism mounts, with signs of a shift toward a more founder-driven and ecosystem-focused approach, according to Dragonfly Capital’s managing partner Haseeb Qureshi. After meeting with several EF people at ETH SF, I’m more optimistic about Ethereum.There’s a real urgency and an understanding that things need to change. It’s not 2020 anymore, and they get it—they want Ethereum to matter. They’re taking input from investors, from builders,…— Haseeb >|< (@hosseeb)…
Think about how almost every news story seems to be about AI these days. This is a boom time for anyone involved in the industry, as politicians and companies alike strive to figure out how to harness these new opportunities and also become major players in what seems to be looking like an AI-dominated future.It could be said that the current AI-mania is nothing compared to the way that we all got very excited about NFTs in the first few years of the 2020s. Non-fungible tokens, or NFTs, ruled the online world back then and everyone wanted to be involved.…
Traditional finance (TradFi) and decentralised finance (DeFi) are merging, bringing about innovative solutions that challenge how we think about banking.In this week’s In Profile, Simon McLoughlin, CEO of the Web3 financial platform Uphold, shares how these advancements are shaping the future.His recent work also includes the launch of the RLUSD stablecoin with Ripple and introducing Topper, a platform supporting over 230 cryptocurrencies to facilitate easier and cost-efficient currency conversions.McLoughlin predicts that by 2025, stablecoins will be so integrated into our daily transactions that they’ll simply be known as ‘money’, demonstrating their potential to reshape global payment systems.Simon, tell us more…
Aergo, a hybrid blockchain platform, has addressed Binance’s decision to place its token, AERGO, on a monitoring list, attributing the move to delays in its roadmap rather than any financial or technical concerns.On March 4, Binance, the world’s largest cryptocurrency exchange by trading volume, added AERGO alongside nine other tokens to its monitoring list.Aergo Responds to Binance Monitoring List PlacementAccording to Binance, tokens with this designation are subject to heightened scrutiny due to their increased volatility and risks. The exchange also noted that such tokens could be delisted if they fail to meet its listing standards. Update from @aergo_io team…
Dogecoin’s institutional interest surged, with Wall Street giants like Goldman Sachs and Grayscale on board. Memecoins saw a market resurgence, with top assets like DOGE, PEPE, and SHIB leading the charge. Dogecoin [DOGE], once dismissed as crypto’s class clown, is now rubbing shoulders with Wall Street’s finest. Institutional giants like Grayscale, Goldman Sachs, and Webull were referencing the token in SEC filings, proving skeptics wrong. With all the top eight memecoins in the green, the market is shifting from Bitcoin-focused investments to a diverse, meme-driven landscape—led by Dogecoin, dressed for success. Dogecoin tops SEC mentions Institutional interest in Dogecoin is…
Despite sizeable gains since November, the daily chart revealed a bearish price structure Long-term holder unrealized profit/loss metric revealed similarities to the 2021 cycle top The on-chain signals behind the strong XRP gains in the past six months have been mixed so far. The supply in profit was high, as expected, but the sentiment behind the token was negative. In fact, the net unrealized profit/loss revealed similarities to April 2021 and this could be eerie for the bulls. Source: XRP/USDT on TradingView The altcoin’s 1-day price action showed a bearish structure on the daily chart. This shift, highlighted in red,…
The ad was up for only nine hours before Solana pulled it down. Even so, clips are still circling around online, and people keep arguing about it. Big names like Adam Cochran characterized it as a dumb move. Some people thought it was pandering to one side instead of keeping things open for everyone.The Base blockchain also agreed, saying Solana only ditched the ad to save money. The drama hit Solana’s token, SOL, which dropped almost 4% in a day, landing at $124.05..Not everyone’s angry, though. Some fans think the hate’s overblown and accuse the Base folks of stirring the…
Hyperliquid is redefining DeFi by thriving without relying on Binance listings or venture capital funding. With record-breaking trading volumes, unique tokenomics, and explosive growth, discover why Hyperliquid is attracting traders and investors – and why it could be the next big opportunity in 2025.What is Hyperliquid?Hyperliquid is a decentralized exchange (DEX) that runs on its own Layer-1 blockchain, HyperEVM, which is designed for high performance and scalability. The platform focuses on providing a high-speed, low-fee trading experience for perpetual futures contracts, offering advanced features like scale orders and copy trading.Learn more: What is Hyperliquid?Why Hyperliquid Doesn’t Need to List on…