Author: Yeek.io

Ripple Labs has unveiled its roadmap for building an institutional decentralized finance (DeFi) ecosystem on the XRP Ledger blockchain network, according to a Feb. 25 blog post. The blockchain developer is prioritizing applications that position XRP Ledger as “a safe, secure, and scalable layer 1 for financial institutions looking to use blockchain in a regulated environment,” the developer said. They include a permissioned decentralized exchange (DEX), a credit-based DeFi lending protocol and a new token standard, multi-purpose token (MPT), Ripple said. Each of these will rely on XRP Ledger’s “decentralized identifiers” to integrate compliance checks into the application’s smart contracts, it said. XRP Ledger’s…

The world’s largest decentralized exchange Uniswap partnered with Robinhood and payment platforms MoonPay and Transak to make crypto-to-fiat transactions easier. Users across more than 180 countries can now sell supported crypto assets through the platform to receive direct bank deposits starting from Feb. 27. The Uniswap wallet now supports the new feature on Android and iOS platforms, while the Uniswap extension and web app integration will become available soon. Turn your crypto into cash with Uniswap wallet 👀Fiat offramping is now live, making it easier than ever to move between crypto and cashNo extra steps. No hassle. pic.twitter.com/mIL5ZtFLPD— Uniswap Labs 🦄 (@Uniswap)…

Social media mentions of crypto dip buying have rocketed to their highest level since last July amid a crypto market rout that recently sent Bitcoin under $80,000.Santiment’s social sentiment tracker found that traders’ discussions on various social media channels like X, Reddit and Telegram between Feb. 25 and 26 are “showing a very high level of confidence” that this dip is the “the one to buy,’” the platform said in a Feb. 28 post to X.It’s the highest level of crypto dip-buying interest in seven months, it added. Bitcoin dropped below $90,000 on Feb. 25, a day after US President Donald…

Bitcoin’s price will continue to experience volatility until genuine buyers start entering the market, rather than traders seeking arbitrage opportunities, according to a crypto venture capitalist.“This is a classic case of liquidity games. ETFs didn’t just bring in long-term holders — they brought in hedge funds running short-term arbitrage,” Master Ventures founder Kyle Chasse said in a Feb. 27 X post. Hedge funds were pursuing “low-risk yields” on Bitcoin“For months, hedge funds were exploiting a low-risk yield trade using BTC spot ETFs & CME futures,” Chasse added. He said that volatility will continue for Bitcoin (BTC) as leveraged positions get liquidated and…

Bitcoin’s price will continue to experience volatility until genuine buyers start entering the market, rather than traders seeking arbitrage opportunities, according to a crypto venture capitalist.“This is a classic case of liquidity games. ETFs didn’t just bring in long-term holders — they brought in hedge funds running short-term arbitrage,” Master Ventures founder Kyle Chasse said in a Feb. 27 X post. Hedge funds were pursuing “low-risk yields” on Bitcoin“For months, hedge funds were exploiting a low-risk yield trade using BTC spot ETFs & CME futures,” Chasse added. He said that volatility will continue for Bitcoin (BTC) as leveraged positions get liquidated and…

As a leading innovator in graphics processing units (GPUs), the backbone of AI computing, NVIDIA’s quarterly earnings reports have become pivotal events, not just for traditional tech investors but also for the crypto market, particularly AI-focused tokens. This article will explore how NVIDIA’s reports act as a catalyst, driving tangible impacts on AI token valuations based on historical examples and performance.Overview of NVIDIA’s Q4 FY2025 EarningsNVIDIA reported Q4 revenue of $39.3 billion, a remarkable 78% increase from the $22.1 billion recorded in the same quarter a year ago. Meanwhile, income soared to $22.1 billion, up 80% year-over-year from $12.29 billion.Source:…

Homepage > News > Finance > Ghana launches CBDC; BIS says CBDCs will keep stablecoins at bay Five years ago, Ghana was among the frontrunners in Africa’s central bank digital currency (CBDC) race, with its digital currency research more advanced than most nations. However, it has since fallen behind its neighbor Nigeria, whose eNaira launched over three years ago. The Bank of Ghana (BoG) now intends to introduce its CBDC this year. Meanwhile, the head of the Bank for International Settlements (BIS) has continued his attack on digital assets, this time stating that stablecoins will be phased out by CBDCs…

Journalist Posted: February 28, 2025 BNB’s break of structure and change of character confirmed that bears were in control. A reclaim of $650+ could shift momentum to bullish, while failure could send price towards $550. Binance Coin [BNB] continues to face correction, with price being down about 2.21% in the last 24 hours. However, the price action revealed a compelling narrative of dynamics over recent weeks, encapsulated by critical support and resistance levels. After BNB saw an instant rejection at the $725 resistance level, it signaled a clear shift in market structure. This pivotal point initiated a bearish trajectory, confirmed…

The hacker behind the $1.4 billion Bybit exploit has already laundered more than 50% of the stolen Ethereum, primarily using THORChain to swap ETH for Bitcoin. According to blockchain analytics firm Spot On Chain’s Feb. 28 post on X, the attacker has laundered 266,309 Ethereum (ETH), about $614 million, in the past 5 days at an average rate of 48,420 ETH per day. If this pace continues, the remaining 233,086 ETH could be fully laundered within another five days. The hacker’s money-laundering rampage has caused a record-breaking spike in THORChain (RUNE) activity. crypto.news reported on Feb. 27 that daily transaction…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…