Author: Yeek.io
Onyx Protocol has launched a Layer 1 blockchain, powered by XCN token, to drive institutional blockchain adoption for transaction processing. Onyx Protocol (XCN) has just launched the Onyx Goliath Project, a Layer 1 blockchain network built for banks, financial system providers, and financial institutions. The main objective of the Goliath Project is to provide a blockchain solution that meets the financial sector’s strict requirements while offering near-instantaneous transaction speeds to institutions that are interested in using blockchain for payment processing. Specifically, the Goliath Layer 1 aims to achieve transaction speeds comparable to traditional networks like Visa. To put it into…
A crypto strategist known for making timely Bitcoin calls believes that a deeper drawdown is now on the table for BTC. Pseudonymous analyst Credible tells his 464,800 followers on the social media platform X that he now expects Bitcoin to go below its recent low of $78,000 after failing to reclaim $90,000 as support. While the trader is short-term bearish on BTC, he says that the pullback will be a golden opportunity for long-term investors. “At the moment, it’s looking like we may get a full retracement on BTC which should result in similar pullbacks across the board and some…
Bitcoin (BTC) price has declined by more than 8.5% over the last 24 hours days after rallying to $95,000 on Sunday, March 2.Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin suddenly dropped from a high of $94,422 on March 3 to an intra-day low of $82,450 on March 4.BTC/USD daily chart. Source: TradingViewBitcoin’s price drop coincides with a marketwide drawdown fueled by the implementation of trade tariffs imposed by US President Donald Trump’s administration on imports from Mexico, Canada and China. Related: Bitcoin no longer ‘safe-haven’ as $82K BTC price dive leaves gold on topThe ensuing…
Este artículo también está disponible en español. In a swift and dramatic reversal, crypto markets have shed hundreds of billions of dollars in the space of just one day, raising questions about the sustainability of recent gains spurred by the surprise announcement of a new US Crypto Reserve. At the peak of the initial rally—shortly after former President Donald Trump’s Sunday statement unveiling the Reserve—total crypto market capitalization soared from approximately $2.7 trillion to $3.1 trillion. But, as of the latest readings, those gains have not just evaporated; the market now stands at around $2.6 trillion, even lower than it…
Homepage > News > Business > BRICS challenges the world order and blockchain will play a role Over the past several years, CoinGeek has been reporting on how BRICS is challenging the existing world order and financial system. While the hype about a BRICS digital currency didn’t come to anything at this year’s summit in Kazan, the alliance’s nations made one thing abundantly clear: it’s full-steam ahead on de-dollarization and alternatives to the Western financial system. So far, in 2025, we’ve seen Russia calling the G7 outdated and signaling that it will focus on the G20, SCO, and BRICS. ASEAN…
Ethereum tumbled 15% to $2,000 as whales unload, despite its inclusion in strategic reserves. Is a drop to $1,900 now a real possibility? Ethereum’s [ETH] price action turned brutal as ETH plunged 15% to $2,000 – its lowest level since November. The breakdown shattered key support as whale-driven sell-offs erased all post-election gains. Even the “anticipated” boost from Ethereum’s inclusion in strategic reserves failed to halt the outflows, with ETH ETFs bleeding $51.36 million. With elevated sell-side liquidity and “extreme” fear dominating the market, defending key levels remains a challenge. If bulls fail to hold the line, a drop to…
The crypto market is back on the decline only a day after it received a much-needed boost from Trump’s crypto reserve announcement. Here’s why crypto is down today. According to data from crypto.news, the top six largest tokens by market cap have gone down in value in the past 24 hours, ranging from 7% to a 20% decline. The overall crypto market cap has plummeted by 10.4% to $2.8 billion. Just a day before, the crypto market cap surged to as high as $3.2 billion after President Donald Trump reaffirmed his commitment to establishing a national crypto reserve with major…
Bitcoin (BTC) faces ongoing bearish catalysts as traders run to safe havens such as gold, new analysis warns.In a dedicated X thread on March 4, trading resource The Kobeissi Letter announced a “global move” away from risk assets.Bitcoin “no longer viewed as safe haven play”Bitcoin and altcoins suffered as the US confirmed the start of fresh trade tariffs against Canada and Mexico, following stocks downhill.BTC/USD fell $10,000 over a 24-hour period, data from Cointelegraph Markets Pro and TradingView shows, erasing its entire relief rally amid buzz over a US strategic crypto reserve.While details of the latter are set to be…
Futures open interest in key cryptocurrencies has fallen sharply, indicating traders are reducing positions amid macroeconomic uncertainty. Crypto traders are scaling back long positions as uncertainty builds, with futures open interest dropping sharply amid trade war worries and the Fed’s tough stance. In a March 4 post on X, Singapore-based blockchain firm Matrixport revealed that Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) futures have seen a huge drop in open interest. “Notably, Ethereum’s open interest has dropped back to levels last seen in the summer of 2024. Despite Trump’s recent tweet about a potential Strategic Bitcoin Reserve and the upcoming…
The rise of artificial intelligence has led to countless new applications and use cases, from automated chatbots to complex robotics. MyShell aims to revolutionize the AI space by creating a decentralized AI consumer layer, bridging the gap between creators, users, and investors. With MyShell, developers can build sophisticated AI agents for various tasks, and everyday users can benefit from interactive experiences and open-source innovation. In this post, we’ll dive into what MyShell is, how it works, and why the SHELL token is central to its rapidly growing ecosystem.What is MyShell?MyShell is a decentralized AI ecosystem where creators, consumers, and open-source researchers…