Author: Yeek.io

The US push to maintain the dollar’s global dominance through stablecoin adoption could have unintended benefits for Bitcoin as it emerges as a potential national reserve asset.During the White House Crypto Summit on March 7, US Treasury Secretary Scott Bessent said the American government would use stablecoins to ensure the US dollar remains the world’s global reserve currency.“We are going to put a lot of thought into the stablecoin regime, and as President Trump has directed, we are going to keep the US [dollar] the dominant reserve currency in the world,” Bessent said.The treasury secretary also repeated the Trump administration’s…

XRP’s current trading price of $2.20 is the result of recent market dynamics where short-term selling has recently pushed the price down by 1.67% in the last 24 hours. Although this drop might seem concerning, it’s important to note that over the past 30 days, XRP is down by only 8.07%—a relatively moderate decline compared to many other cryptocurrencies. Volume trends have been a critical factor in analyzing this performance. Higher trading volume during the recent decline indicates that significant players may be taking profits or repositioning their portfolios. However, the moderate 30-day decline suggests that the overall sentiment isn’t…

The total value of cryptocurrencies locked (TVL) in decentralized finance (DeFi) protocols has lost all its gains since Donald Trump was elected US president in November 2024.Following the US election, DeFi TVL rose to as high as $138 billion on Dec. 17, but had retracted to $92.6 billion by March 10, as noted by analyst Miles Deutscher.Solana has borne the brunt of criticism as its memecoin popularity fades, but Ethereum has faced its own challenges in recent cycles, with Ether (ETH) failing to reach a new all-time high despite Bitcoin (BTC) soaring past $109,000 on Jan. 20, the day Trump…

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. A cheaper and faster blockchain network, Litecoin is widely used for payments and remittances, as well as a store of value. Great news for Litecoin investors is that institutional investors have jumped in big time. Considering ‘smart money’ is…

2The PGA Tour is expanding into the metaverse with the launch of the “Ultimate Golf Simulator” on Roblox. This new experience, created in partnership with PING, First Tee, and The Gang, allows users to participate in a virtual “hole-in-one” challenge alongside PGA TOUR professionals Viktor Hovland and Austin Eckroat. The game offers an in-game competition where players try to score as many holes-in-one as possible. Those who succeed will earn virtual rewards and exclusive wearables inspired by PGA TOUR tournaments. There will also be a virtual merchandise store offering themed apparel, including limited-edition items from creators like Bob Does Sports and Breezy…

Homepage > News > Business > Tech of Tomorrow: How innovative techs can be used in practice Staying on top of the latest tech and what it can do for your business can feel like an impossible task, especially when there are so many events to choose from. I’ve always got my eye out for tech events to cover for CoinGeek, especially from a perspective of helping startups, entrepreneurs, and businesses get comfortable with how they can harness blockchain and other future technology. As I was browsing LinkedIn a few weeks back, this one video post on Tech of Tomorrow caught…

DOGE continues to post lower lows, breaking another key support level as market-wide fear grips investors.  Is this the ideal “buy-the-fear, sell-the-greed” moment? The memecoin market has plunged 8.15%, erasing over $4 billion in value in the last 24 hours. Dogecoin [DOGE], the sector’s leader, has lost its key $0.20 support, dropping 8.57%, with analysts now eyeing $0.16 as the next critical level. Amid the sell-off, large whales are aggressively accumulating, pushing trading volume up 115.68% to $2 billion. With this surge in buying pressure, could DOGE find a floor here? Big money moves After peaking at $0.48 post-election, DOGE…

On March 7, President Donald Trump hosted the first-ever Crypto Summit at the White House, a momentous gathering where key figures from the cryptocurrency industry met with government officials to discuss the future of blockchain technology and its regulation. Trump addressed the executives, telling them, “This is a very important day in your lives,” and emphasized his commitment to supporting the growing industry. The summit marked a significant shift in the relationship between the government and the cryptocurrency world, leaving many participants feeling empowered and optimistic about the future. Sergey Nazarov, co-founder of Chainlink, who attended the summit, reflected on…

Ethereum’s native token, Ether (ETH), witnessed its lowest weekly close since November 2023, highlighting just how much the top altcoin has struggled over the past few months. Ethereum 1-day chart. Source: Cointelegraph/TradingViewIn the past 83 days, it declined by 51%, translating to an average daily loss of approximately 0.61%. If the losses are compounded daily, the rate increases to about 0.84%.Ethereum exchange outflows hit 27-month highAccording to IntoTheBlock, a crypto analytics platform, Ethereum witnessed significant outflows worth $1.8 billion over the past week. It was the highest weekly outflow since December 2022, and in an X post, the platform added,…

Thailand’s Securities and Exchange Commission has approved Tether’s USDT as a recognized cryptocurrency, allowing its trade on regulated exchanges. Thailand has granted regulatory approval to Tether’s (USDT), allowing its listing on licensed exchanges and potential use in payments, the company announced. In a March 10 press release, Tether said the approval comes as part of updated digital asset regulations set to take effect on March 16. With the approval, USDT now has access to one of Asia’s largest markets, as the country ranks among the top 20 globally in crypto adoption, with Tether’s stablecoin accounting for around 40% of trading…