Author: Yeek.io
MatterFi has partnered with layer1 blockchain Trrue to integrate its wallet and custody infrastructure into Trrue’s ecosystem. According to the press release received by crypto.news, AI fintech solutions firm MatterFi has established a strategic partnership with layer1 blockchain Trrue. The collaboration will start by bringing together Brinks Global-backed MatterFi’s secure wallet and Trrue’s native token on Ethereum (ETH). Users will be able to make transactions through a private, chain-agnostic “send-to-name” system with local AI agents powered by MatterFi. Furthermore, the collaboration will also expand to include the upcoming launch of the Trrue Chain mainnet, which will come equipped with MatterFi’s…
Pixelverse, which created Pixeltap, a web3 game in the Telegram mini-apps ecosystem, raised $5.5 million in a seed round. What’s the significance: The funding highlights increased confidence in web3 projects and indicates potential upcoming airdrop campaigns, a common industry practice post-funding. Check out Pixeltap by Pixelverse on Telegram here. How it works: In Pixelverse, players complete tasks to earn FI, an in-game off-chain token that can be converted to $PIXFI. The numbers: Players: 15 million since launch less than a month ago. Daily active users: 4.5 million. Advertisement Key quote: “Our vision is to build the largest and most accessible…
Fed Chair Powell dismissed quantitative easing, reinforcing commitment to ongoing quantitative tightening. Bitcoin dominance may persist unless monetary policy shifts in Q2 2025. The highly anticipated Federal Reserve meeting, expected to provide economic relief, has instead dealt a fresh blow to market optimism. Jerome Powell’s bold move In his testimony on the 11th of February, Fed Chair Jerome Powell dismissed the possibility of renewed Quantitative Easing (QE), emphasizing that such measures are only considered when interest rates are at zero. He further reinforced the central bank’s commitment to ongoing Quantitative Tightening (QT), signaling that any policy shift remains distant. This…
US-based investment management firm ARK Invest’s CEO, Cathie Wood, predicts that Bitcoin (BTC) is on track to reach $1.5 million by 2030. In a recent YouTube video, Wood stated that despite the market’s temporary pullback, the odds of BTC hitting this ambitious price target have increased. Wood Doubles Down On Bitcoin After a spectacular 2024 in terms of price appreciation, BTC is currently trading within a tight range of $92,000 to $104,000. At the time of writing, the flagship cryptocurrency is valued at $95,575. Despite recent price fluctuations, Wood remains bullish on BTC’s long-term potential. In a YouTube video published…
How Real Yield Ensures Sustainable and Predictable Returns in DeFiReal yield often comes from decentralized exchanges, lending platforms, and staking services. Exchanges collect fees from trades and distribute them to liquidity providers. Lending protocols earn interest from borrowers and share it with depositors. Some staking models reward participants with a share of platform fees instead of inflating token supply. These approaches reduce reliance on artificial incentives and help maintain token value.A major advantage of real yield is its sustainability. Inflationary rewards eventually dilute token value, leading to lower returns over time. When rewards come from real revenue, they remain independent…
Looking to invest in Bitcoin but doubting whether it is the right time? No worries, you are on the right page. Let’s briefly analyze the price movement of Bitcoin to see if this is the right time to invest in BTC. On February 13, Bitcoin trading day started with a brief fall. However, at UTC 00:20, Bitcoin encountered a short-term rise in its price movement. This was confirmed by the Golden Cross on MACD at UTC 00:40. At UTC 01:40, a pin bar, followed by a full-body red candle, signaled a sharp decline in price. If this downtime continues and…
Sui has seen a market cap rebound of over 10% in the past 24 hours as a result of its growing presence in DeFi and gaming sectors. According to on-chain analytics platform Santiment, Sui’s market cap growth is supported by new partnerships, staking rewards, and an increasingly bullish social media sentiment, which is at its highest since September. Sui’s price has surged an impressive 259% over the past five months. Santiment warns that rising FOMO could derail long-term price growth as pushing the token’s price up too quickly could lead to large retracements. 💧 Sui’s market cap has enjoyed a…
Former Binance CEO Changpeng ‘CZ’ Zhao is mulling over the crypto community’s offer to turn his dog into a meme coin. On Feb. 13, CZ replied to a series of posts on X by crypto traders asking for the name and photo of his pet dog, which he revealed is a Belgian Malinois breed. He then began to question how the meme coin transformation process worked and how people can identify which meme coin is official. “Got the answers now. Pretty interesting how things work. Will mull it over for a day or so, as usual for big decisions,” said…
The new NFT allowlist verification system ensures real players, not bots, gain access to Confiction Labs’ upcoming XPSR-24 collection. Confiction Labs launched Proof of Exposure, an in-game NFT allowlist verification system, to identify and reward genuine users, combating the growing problem of botting in web3 gaming. What’s the significance: The system emphasizes the importance of authenticity in the gaming community and is a strategic move to ensure that real players are being rewarded. As bot activity grows in web3 gaming space, the new system sets a standard for verifying users, protecting NFT allowlists, and ensuring real community engagement. 70% of…
Bitcoin’s strength was evident as ERC-20 altcoins saw sharp declines, with the sector shedding $234 billion in just 14 days. Altcoin markets faced a rare historical devaluation. Bitcoin [BTC] continued to showcase its resilience amid a broader market downturn, significantly outperforming ERC-20 altcoin sectors over the past week. The latest data revealed a pronounced decline across multiple subsectors, emphasizing a stark divergence in market performance. With altcoin valuations experiencing one of their largest devaluations in years, the broader crypto market is facing heightened volatility. Bitcoin holds firm while altcoins plunge Despite market-wide weakness, Bitcoin has maintained a stable position, outperforming…