Author: Yeek.io

XMR rallied over 9% on Feb. 6 after the privacy protocol showcased the strong performance of its Rust-based Cuprate node. Monero (XMR) surged to an intraday high of $238.55, extending its gains to 24% since the beginning of the year. The privacy-focused coin’s market cap surpassed $4.4 billion, briefly making it the 28th largest crypto asset per CoinMarketCap, before settling at $4.28 billion as of the last check during the afternoon Asian session. Why did XMR rally today? XMR surged after the project confirmed that its Rust-based Monero node, Cuprate, delivered a strong performance, completing a fast sync in 4…

scotcoin In a bold move that’s raising eyebrows across the cryptocurrency landscape, Scotland’s indigenous digital currency Scotcoin is targeting a $250 million valuation ahead of its February 2025 exchange listing. But unlike typical crypto launches focused on speculation and profit, this unique digital token has a surprising mission: using blockchain technology to combat poverty and social inequality. The Scotcoin Project, operating as a Community Interest Company (CIC), represents a dramatic departure from traditional cryptocurrency models. While Bitcoin and other major cryptocurrencies have become synonymous with volatile trading and wealth accumulation, Scotcoin has positioned itself as an “ethical cryptocurrency” with a…

Standard Chartered envisions a $200K target for Bitcoin by the year’s end. Their analysis suggests that $BTC’s volatility is going to reduce massively now that the US ETF market matures and turns one year old. Another reason the banking group is bullish on Bitcoin is the improving ease of access to $BTC under the pro-crypto Trump regime. Bitcoin is quickly becoming a corporate golden goose, with the likes of Michael Saylor racing to own as much Bitcoin as possible. Even better, Standard Chartered believes that Trump’s stay in the White House could be a very merry one for crypto right…

On February 5, Strategy revealed its Q4 revenue was $120.7 million. This was down 3% from the previous year and missed analyst predictions by about $2 million. Meanwhile, expenses surged nearly 700%, reaching $1.1 billion. The increase was driven by the firm pushing ahead with its “21/21 Plan.” This initiative aims to secure $42 billion in capital over three years to fund further Bitcoin purchases.The company has already raised $20 billion for its plan, mainly through senior convertible notes and debt financing. CEO Phong Le stated that Strategy is ahead of schedule and remains confident in its Bitcoin-focused strategy.Today, Strategy…

Shifting Priorities in Family Savings According to Bloomberg, parents usually focus on building 529 college savings plans, brokerage accounts, or high-yield savings for their children. Recently, some have moved away from traditional methods, choosing to accumulate Bitcoin as a future asset for their kids. Some believe stock market gains aren’t impressive enough, while others see it as a smart diversification strategy. Many are strong advocates, confident that despite Bitcoin’s 500% rise since the last “crypto winter,” its growth journey is far from over. In December, Bitcoin crossed the $100,000 mark, a huge leap from under $16,000 in November 2022. A…

Homepage > News > Business > More bad news for Tether Things are going from bad to worse for Tether lately. After it learned only “lawful and legitimate” stablecoins would be considered worthy under the Trump administration’s upcoming digital currency rules, Crypto.com announced it would stop supporting USDT in Europe as of January 31. The move comes in response to the European Markets in Crypto-Assets (MiCA) regulation, which requires strict anti-money laundering (AML) controls, among other obligations. Crypto.com announced it would delist USDT, PayPal USD, PaxDollar, and several other digital assets in Europe. As of January 31, users cannot deposit…

Ethena’s synthetic stablecoin USDe held up well despite market conditions. ENA investors should be wary of further losses. Ethena [ENA] was down 6.5% in the past 24 hours and its daily trading volume had been slashed nearly in half. The losses on the 3rd of February saw some bidding, but the drop in volume indicated a lack of market conviction. The bearish signs do not end there. The token unlocks in the coming months would likely add to the selling pressure already on ENA. Close to 8% of the total supply of ENA is still locked, which was bad news…

South Korean exchanges Upbit and Bithumb will add Berachain to its listings on Feb. 6, in time for the upcoming launch of Berachain mainnet. Two South Korean crypto exchanges announced that they will start providing trading support for new layer1 blockchain Berachain’s upcoming token, BERA. Trading support on both exchanges will start simultaneously on Feb. 6 at 22:00 KST. Users can only deposit and withdraw BERA through the new Berachain mainnet that will be launched on the same day as its token. Berachain is an Ethereum (ETH) Virtual Machine-compatible layer 1 blockchain which is equipped with a Proof-of-Liquidity consensus mechanism.…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

Community & educationAleph de VeranoCrecimiento2-week event in Buenos Aires, Argentina featuring a ZK and fully homomorphic encryption (FHE) bootcamp, hackathon, demo day, and talks on DeFi, infrastructure, governance, and regulation.Community & educationAleph ZK Week3-day conference hosted during the Aleph pop-up city in Buenos Aires, Argentina, that provided a deep dive into programmable cryptography, multi-party computation (MPC), FHE, and decentralized identity systems.Community & educationAlgebraic Aspects in the Design and Cryptanalysis of Modern Symmetric Cryptography (ALPSY) 2025Research workshop that unites experts in arithmetic oriented symmetric-key primitives and their cryptanalysis to foster collaborations on significant research problems, including special sessions on Poseidon.Community &…