Author: Yeek.io

India’s contribution to the global Web3 ecosystem — primarily in software development, gaming, investments and startup funding — increased year-on-year despite an absence of locally tailored crypto regulations.India’s share of global Web3 developers grew from 5% to 12% in the last 10 years, second only to the United States as of 2024, according to the India Web3 Landscape Report 2024 by Hashed Emergent, shared with Cointelegraph.Developer growth in India since 2015. Source: Hashed EmergentSpeaking to Cointelegraph, Tak Lee, CEO and Managing Partner at Hashed Emergent, pointed out four key factors driving India to the top of global crypto adoption: retail…

Cardano faced a critical test at $0.80–$0.66, with volatility keeping traders on edge. Large transactions were declining, signaling reduced whale interest—Will ADA regain momentum? Cardano [ADA] is trading within a crucial support zone between $0.80 and $0.66, a level that has historically played a major role in price movements.  The crypto market continues to show volatility, with ADA recording a 2.65% decline in the past 24 hours and a 20.20% drop over the past week. ADA’s key support and resistance levels ADA’s price has returned to the $0.80–$0.66 support range, a level that has previously served as both resistance and…

Mt. Gox, the defunct crypto exchange, has transferred 11,833.6 Bitcoin, worth approximately $931 million, to new addresses, sparking fears of potential sell-offs. According to on-chain data from Arkham Intelligence, the Bitcoin transfers, which took place on Mar. 11, saw 11,501.58 Bitcoin (BTC) (~$905 million) moved to an unidentified wallet, while 332 BTC (~$26.1 million) was transferred to a warm wallet. This follows a string of recent actions by Mt. Gox, such as the transfer of more than $1 billion in Bitcoin to a wallet with the name “1Mo1n” on Mar. 6. Today’s transactions were made by that wallet, which is…

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. Bitcoin price started a fresh decline from the $90,000 zone. BTC is back below $82,500 and might continue to move down below $78,000. Bitcoin started a fresh decline below the $82,000 zone. The price is trading below $80,000 and…

Homepage > News > Business > Dubai acknowledges USDC, EURC; AFS partners with Ternoa Stablecoin issuer Circle has confirmed the approval of USDC and EURC stablecoins by the Dubai Financial Services Authority (DFSA), making them the first to be recognized by the city’s special economic trade zone. The stablecoins are the first to receive full approval from the Dubai International Financial Centre (DIFC), according to a press release. The DIFC is an economic-free zone and home to hundreds of financial institutions, with a distinct legal and tax system from the rest of Dubai. Following the DFSA’s approval, financial institutions operating…

The current trading price of Pepe Coin (PEPE) is $0.000006242, which comes on the heels of a modest 1.42% gain in the last 24 hours. This short-term uptick suggests that buyers have recently entered the market, possibly driven by speculative interest or positive social media sentiment. However, the broader picture is less optimistic, as PEPE has experienced a significant 33.52% decrease over the past 30 days. This long-term decline indicates that, despite occasional rallies, the overall market sentiment remains bearish. Pepe Coin Price Analysis Chart patterns offer additional clues about potential future price movements. Over the past month, Pepe Coin…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Utah’s State Senate has exited the Strategic Bitcoin Reserve (SBR) race after amending the proposed bill allowing the state treasury to invest in digital assets. The amended legislation is now headed to Utah Governor Spencer Cox’s desk to be signed into law. Utah Passes Bitcoin Bill Without Key Clause On March 7, Utah’s senate passed House Bill 230 (HB230), also known as the “Blockchain and Digital Innovation Amendments.” However, the state lawmakers amended the legislation to scrap the clause allowing the state to invest in digital assets.…

A proposed rule change pushing for some crypto firms to register as exchanges could be abandoned under a new directive from the acting chairman of the US Securities and Exchange Commission. During a March 10 speech at the Washington Conference of the Institute of International Bankers, acting SEC Chairman Mark Uyeda said he had “asked SEC staff for options on abandoning” part of the proposed changes that would expand regulation of alternative trading systems (ATSs) to include crypto firms.“In light of the significant negative public comment received on the definition of exchange with respect to crypto, I have asked SEC staff…

Global markets plunged overnight as investors braced for key inflation data and potential shifts in Fed policy. Crypto also saw sharp declines, with Bitcoin and Ethereum leading the downturn amid regulatory and economic uncertainty.Stock and Crypto Markets Drop as Investors Await Inflation DataWall Street continued its decline on Monday as investors prepared for key inflation data and reassessed the Federal Reserve’s policies. Meanwhile, the crypto market remained under pressure despite positive regulatory developments.Source: BRICS NewsRising trade tensions and inflation fears are driving risk-averse sentiment. This has led to a decline in Bitcoin and Ethereum, mirroring stock market trends. The S&P…

Uniswap’s newly launched Ethereum layer-2 network, Unichain, was the fastest-growing blockchain in its debut month, according to blockchain data firm Nansen.Unichain, which launched its mainnet on Feb. 11, saw 236,452 active addresses in its first month, according to blockchain analytics firm Nansen. While impressive for a new network, Unichain’s user base remains small compared to Solana’s 112 million total users and the roughly 19 million active users on Base and BNB Chain.Berachain has more active addresses, but Unichain’s DEX volume dominates. Source: NansenHowever, Unichain has already emerged as a major player in decentralized exchange (DEX) volume, recording $217.7 billion —…