Author: Yeek.io
In a surprising development, Emirates NBD bank, owned by the Dubai government, is making its footsteps in the crypto market. The Dubai government-owned bank has taken the initiative to offer crypto services via its digital bank subsidiary Liv. Through its subsidiary Liv, customers can now buy, hold, and sell digital assets directly on the Liv X app, thanks to a partnership with Aquanow, a licensed crypto service provider. Dubai Emirates NBD Bank Offers Crypto Services According to a recent Bloomberg report, Dubai’s Emirates NBD bank offers crypto trading services. Aligning with the city’s crypto-focused endeavors, the government-owned bank has begun…
Ondo Finance, a key player in real-world asset tokenization, remains in a bear market, having fallen more than 45% from its November 2024 high. Ondo (ONDO) price was trading at $1.60 on Thursday, marking a 30% increase from its lowest level this year. However, strong technical and fundamental indicators suggest a potential rebound in the coming weeks. A key factor supporting a potential recovery is the continued growth of Ondo Finance’s ecosystem. According to DeFi Llama, the total value locked in Ondo’s ecosystem has surpassed $1 billion for the first time. This marks a significant increase from $541 million at…
The memecoin market saw a 5% boost in overall market cap not long after a prosecutor said he wants to freeze $110 million as part of an investigation into the LIBRA meme coin scandal. On March 6, the overall market cap for memecoins nearly reached $62 million, surging by 5% in the past 24 hours of trading. Among the top traded tokens, FARTCOIN (FARTCOIN) rose by nearly 27% to a price of $0.35 while the official Trump coin (TRUMP) went up by 2.3%. TRUMP is currently trading hands at $13.70. The meme coin market went through a major slump following…
ETH staking deposits hit an all-time high, now accounting for 28.5% of the circulating supply, reflecting strong investor confidence. The announcement of ETH’s inclusion in the U.S. Crypto Reserve may have fueled increased staking demand and institutional interest. Ethereum [ETH] staking has reached an all-time high, with the number of ETH deposits into staking contracts surging significantly. This increase has sparked questions about its driving forces and underlying factors. With staking now representing a significant portion of Ethereum’s circulating supply, it is crucial to examine whether this trend is linked to recent price changes or external factors influencing the market.…
As the United States crypto administration gradually shifts to a more favorable stance, US authorities have begun releasing previously seized Chinese-made cryptocurrency mining equipment. These machines which happens to be vital for the blockchain infrastructure, had been held up at various ports for months, leaving thousands of units in limbo. Detailing The Release And Reason Behind The Initial Seizures The crypto mining equipment, equipped with advanced chips, supports blockchain networks by solving complex mathematical problems, earning operators digital currency rewards. Latest report citing Taras Kulyk, CEO of Synteq Digital, explained that “thousands of units have been released,” but also noted…
How Free-to-Play NFT Games WorkFree-to-play NFT games allow players to access the game without a fee. The games reward players with digital assets, such as tokens or NFTs, for participating in missions, battles, or contests. Players can sell or exchange the assets on different marketplaces.Many games offer both free and premium items. Free players can still earn valuable NFTs, but it might take more time and effort.Top 10 Free-to-Play NFT GamesBelow is a list of the best free-to-play NFT games based on user reviews and expert analysis. These games let you earn rewards without initial investments.Game NameGenreBlockchainPlatformUnique FeatureGods UnchainedTrading Card…
Ethereum is trading at low levels after failing to reclaim the $2,500 mark, leaving the market uncertain about its next move. Analysts remain divided, with some calling for a continued drop as ETH’s price action remains unstable, while others see signs of a potential recovery forming at key support levels. Top analyst Ali Martinez shared on-chain data from Glassnode, revealing that the number of Ethereum addresses holding more than 10,000 ETH has dropped to 919, down from 999 in late February. This suggests that whales have been selling heavily during the latest correction, likely driven by fear and liquidity issues. The…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Artificial intelligence is growing at a rate considered wondrous by some and frightening by others—yet there seems to be no question that this rate of growth will increase. What started as a curious and interesting experiment with basic commands and questions, as well as fun reworkings of classical paintings, has grown into what could plausibly become a trillion-dollar industry in the foreseeable future. It is unquestionable that the creation of large language models like OpenAI’s ChatGPT has…
Dogecoin price prediction model stands at a crossroads. Strong network activity boosts confidence, but volatility threatens support. Can it hold steady or face a pullback? Dogecoin [DOGE] stands at a crucial inflection point. Its 1-day chart is flashing strong signs of accumulation at the $0.18 support level, propelling the memecoin 10.69% higher at press time. Adding to the momentum, the total number of Dogecoin addresses has hit an all-time high of 83.48 million, signaling growing adoption. With DOGE at a make-or-break level, will this surge lead to a sustained rally, or will volatility trigger another pullback? AMBCrypto investigated Dogecoin price…
Despite Bitcoin’s presence since 2009, many still view cryptocurrencies as a risky venture. Even those familiar with crypto remain very cautious, a hesitancy rooted in a long history of market challenges. Crypto PR specialist Mike Ermolaev has recently elaborated on this issue, noting that digital currencies are increasingly perceived as a modern-day Wild West – marked by sensational headlines and promises of breakthrough innovations that often fail to deliver. In this context, Ermolaev argues that crypto PR has reached a crossroads. Traditional “quick-fix” branding efforts, he suggests, won’t suffice in an industry struggling to gain mainstream trust amid market volatility,…