Author: Yeek.io

Amid growing discontent among investors in established cryptocurrencies like AVAX and Chainlink, attention is shifting toward new prospects with the allure of significant returns. A fresh player in the market, XYZVerse, is stirring interest with claims of potential fivefold growth. This emerging opportunity is prompting a closer look from those seeking substantial gains in the evolving crypto landscape.$XYZ Eyes a Stunning 99,900% Rise, Claiming G.O.A.T. GloryXYZVerse ($XYZ) introduces a revolutionary twist to meme coins by fusing the adrenaline of sports with crypto’s explosive energy. Tailored specifically for passionate fans of basketball, football, esports and MMA, XYZVerse is more than just…

Blockchain analytics tool Bubblemaps has concluded its Token Generation Event for its native token BMT with 13,500% oversubscription. On March 11, Bubblemaps (BMT) concluded its TGE for its BMT token, which was hosted on Binance Wallet. The project intended to sell 40 million BMT tokens (4% of the total supply) at a price of $0.02 each, hoping to raise 1503.42 BNB. However, they received subscriptions totaling approximately 202,990 BNB, which is over 13,500% more than their initial goal. The TGE event followed Bubblemaps’ recent $3.2 million funding round, led by INCE Capital, according to Cryptorank.io. The fact that the TGE was…

1,200+ web3 startups, billions in investment, yet zero regulatory clarity — how long can India’s blockchain industry survive without clear rules? India’s web3 boom A few years ago, India’s blockchain scene was a playground for retail traders testing the waters with crypto assets. Today, it’s a different story. The India Web3 Landscape Report 2024, published by Hashed Emergent, unpacks key shifts in startup funding, enterprise adoption, developer activity, and regulatory trends, offering a clearer view of how the industry has matured. One standout insight is India’s unrivaled position in crypto adoption. For the second year in a row, the country…

The Solana (SOL) token surpassed its realized price threshold for the first time in over three years, which presents a major turning point in market opinion. The token currently sells for $124, which represents an 8% decrease compared to the $134 realized price, indicating the average on-chain movement price of Solana tokens. The unique market situation has prompted contradictory trading responses since some traders view it negatively and others see it as an advantageous time to accumulate. Why Does the Realized Price Matter? Market participants use this price level as both a psychological and technical support point. Historical data shows…

While panic selling has seen Bitcoin’s price slip below $80,000, whales looking to leverage the potential opportunity have aggressively accumulated over 65,000 BTC. On Mar. 11, as Bitcoin (BTC) struggled near the $80,000 mark, on-chain data and analytics platform CryptoQuant shared details showing that large holders, dubbed whales, have been busy buying on the cheap over the past month. CryptoQuant’s on-chain data indicates that despite the selling pressure leaving small holders in wreck mode, Bitcoin whales have used the 16% pullback over the past 30 days to accumulate more than 65,000 BTC. https://twitter.com/cryptoquant_com/status/1899464577966018585 “Although this does not mean immediate effects…

Cryptocurrency exchange Coinbase is one step closer to relaunching its services in India after securing a license with the country’s Financial Intelligence Unit (FIU). On March 11, the crypto exchange revealed on social media that “we’re approved to launch in India,” which prompted a follow-up from Coinbase’s chief legal officer, Paul Grewal.“Coinbase is now FIU-registered,” said Grewal. “It’s a major step towards empowering Indian entrepreneurs to build, innovate and scale global onchain businesses — all from home.”A Coinbase blog post confirmed that the exchange plans to offer cryptocurrency trading services in the country but did not specify a timeline for service…

Sony’s entertainment robot, Aibo, is entering the web3 space through a blockchain initiative on Soneium, an Ethereum Layer-2 network developed by Sony Block Solutions Labs. This introduces a collection of Soulbound Tokens (SBTs) that serve as digital representations of Aibo’s history.Aibo, first released in 1999, was designed to be an interactive robotic pet with AI-driven features. It quickly became known for its ability to engage with owners, learn behaviours, and develop unique personality traits over time.Now, rather than releasing new hardware, Sony is focusing on bringing Aibo’s legacy to the blockchain, ensuring its presence continues in a new digital format.…

Homepage > News > Business > India appoints CoinDCX to manage custody of seized assets For the first time in India’s digital asset sector, the Enforcement Directorate (ED), the nation’s law enforcement and economic intelligence agency, has appointed a digital asset exchange to handle custodian services for seized ‘cryptocurrency.’ The ED has entrusted CoinDCX with the responsibility of managing asset forfeiture and providing a secure custody infrastructure for storing and supervising these assets. This partnership is expected to ensure a compliant and secure solution for handling seized assets, CoinDCX said in an emailed statement. In July 2024, CoinDCX, India’s first…

BONK broke out of an ascending trend channel that has held its price action since the launch of the memecoin. Despite price-sweeping liquidity, there’s no substantial urge to move higher, which could set it for a further drop if buyers delay. The daily chart of Bonk [BONK] displayed a simple breakout out of an uptrend channel that had dictated price action since the meme token’s launch. The channel with a rising resistance and support had earlier held back price with multiple tests and bounces in 2024. BONK recently dipped below the channel bottom at $0.00000933, sweeping liquidity below and causing…

US lawmakers are set for a heated debate on stablecoin regulation, with key industry leaders expected to outline their vision for the future of digital asset oversight.Charles Cascarilla, co-founder and CEO of stablecoin issuer Paxos, is scheduled to testify before the House Financial Services Committee, where he will urge lawmakers to establish “cross-jurisdictional reciprocity” in stablecoin regulations.In his prepared testimony, Cascarilla flagged concerns about the existing hurdles in the adoption of Paxos’ Global Dollar (USDG) stablecoin due to it being issued via a regulated affiliate in Singapore.“We fear that products like Paxos’ Global Dollar (USDG) stablecoin, issued by a regulated…