Author: Yeek.io

Missouri is joining the trend of states embracing Bitcoin by introducing its own Bitcoin reserve bill, known as House Bill 1217. Missouri Representative Ben Keathley introduced the bill, seeking to establish a Bitcoin Strategic Reserve Fund that would allow the state treasurer to invest in and hold Bitcoin.  The bill, filed on February 6, positions Bitcoin as a hedge against inflation and aims to diversify the state’s financial holdings. The bill “creates the ‘Bitcoin Strategic Reserve Fund’ and allows the state treasurer to receive, invest, and hold Bitcoin under certain circumstances,” according to the bill’s summary.  Under the proposed legislation,…

Donald Trump Jr. Calls Crypto the Future of American Dominance Crypto will be a significant factor in determining America’s economic dominance in the world, according to Donald Trump Jr. On Thursday, he discussed his thoughts on the industry’s potential to strengthen the nation’s financial clout at the Ondo Summit in New York City. “In terms of our economic standing and power, I believe it might be the future of American hegemony.” Trump’s son stated. More than just a financial instrument, he believes that cryptocurrency might help the United States continue to dominate the world economy. The nation’s financial leadership has…

The SEC opened a 21-day comment period for the proposed Grayscale Solana ETF listing Analysts see the SEC’s acknowledgment as a potential turning point for Solana ETF approvals The U.S. Securities and Exchange Commission has opened a 21-day comment period on a proposal from NYSE Arca to list and trade the Grayscale Solana Trust. The filing, officially recognized as a 19b-4 submission, is part of efforts to expand crypto-related investment products. As the comment period unfolds, industry participants are closely watching for developments and implications for the broader crypto market. SEC acknowledges 19b-4 filing for Grayscale Solana trust The U.S.…

After dropping from the $102,000 price level earlier this week, Bitcoin continues to struggle to initiate a rebound toward the $100,000 mark. Its weak performance is attributed to a broader bearish action in the general crypto market. However, retail investors’ interest in the flagship asset has increased significantly during this volatile period. Retail Interest In Bitcoin Sees Sharp Growth Bitcoin’s price has been moving in a negative direction in the past few days. Nonetheless, retail sentiment has been showing a positive trend over the same period. Leading market intelligence and on-chain data firm Santiment reported the positive advancement in a…

Este artículo también está disponible en español. A newly released video analysis by crypto commentator asif.eth (@asifeth) makes the case that Dogecoin is currently trading at what he calls a heavily undervalued level. He offered an explanation of why he believes the coin’s ongoing correction may have just concluded—a process he interpreted through an Elliott Wave lens and, more specifically, an ABC corrective pattern. Has Dogecoin Finished Its ABC Correction? In his discussion, the analyst described how Dogecoin had exhibited a pronounced rise, after which he saw “the first A correction and after that we got a B higher high,…

From VR casinos to gamified platforms, over these years, the pace of evolution has been rapid. But the new kid in town is the Non-Fungible Token, or NFT in short. Digital assets, changing the way humans think about ownership, are also being hailed as the next step in rewards for online casinos. But can NFTs really change the game? Let’s dive deep into it.Unlocking the Future: NFTs and Online Casino RewardsNFTs belong to a class of digital assets native to blockchain networks, singularly unique, with traceable ownership and scarcity. The tide is moving them from the earliest association with digital…

A progressive think tank is asking the U.S. Department of Justice (DOJ) to probe the legality of President Donald Trump’s new memecoin. The president launched the Official Trump (TRUMP) memecoin in mid-January, days before he took office. The controversial crypto asset rapidly skyrocketed in value and is now the 41st-largest digital asset by market cap. In a new letter to the DOJ and the Office of Government Ethics, officials at the nonprofit consumer advocacy organization Public Citizen say the memecoin could be a violation of federal law regulating gifts to government officials. Public Citizen officials point out that the TRUMP…

Bitcoin remained resilient during the latest market sell-off, while altcoins faced estimated liquidations of $8 billion to $10 billion, with funding rates turning deeply negative, a survey claims. A sharp spike in volatility shook the crypto market, erasing billions in open interest, with Bybit and Block Scholes reporting that Bitcoin (BTC) stayed steady while altcoins took the biggest hit. In a research report shared with crypto.news, Bybit stated that Bitcoin “outperformed relative to the wider crypto market,” adding that its perpetual swaps fared better as well. In contrast, the Ethereum (ETH) options market experienced a sharp spike in short-term volatility,…

Este artículo también está disponible en español. Ethereum experienced one of the most aggressive sell-offs in its history on Monday, plunging 25% in a single day amid market-wide panic. The rapid decline sent shockwaves through the crypto space, marking one of the most volatile trading sessions ever recorded for ETH.  Related Reading However, within hours, the price rebounded, erasing nearly the entire drop and stabilizing above key support levels. Despite this swift recovery, Ethereum now faces serious risks as it trades slightly below a crucial resistance level, leaving investors uncertain about its next move. Top analyst Daan shared a technical…

Multiple cryptocurrency exchange firms have obtained fresh licenses in compliance with the recently implemented Markets in Crypto-Assets (MiCA) regulation. These companies made official announcements on X, announcing their adherence to the new law and assuring users of their commitment to transparency and security as they continue operations. A MiCA license enables these crypto companies to provide services to hundreds of millions of users across the European Economic Area (EEA). This includes Norway, Lichtenstein, Iceland, and the 27 EU member countries. The introduction of laws like MiCA creates more trust in the industry, a situation that new launches can leverage to…