Author: Yeek.io

The Czech National Bank (CNB) is poised to decide on Thursday whether to allocate up to 5% of its €140 billion in foreign exchange reserves to Bitcoin, an amount totaling roughly €7 billion (roughly $7.31 billion). Governor Aleš Michl revealed the plan in an exclusive interview with the Financial Times, underlining a bold departure from the traditional asset strategies usually favored by major central banks. CNB Eyes Bitcoin For 5% Of €140 Billion Reserves Michl, who previously worked as an investment fund manager, expressed his conviction that introducing BTC into the CNB’s portfolio could serve as a viable way to…

David Bailey, a crypto policy advisor and aide to Donald Trump, shared details of his discussion with the President. According to Bailey, Trump is committed to building a pro-crypto environment in the US through policy management. Trump said that Bitcoin will witness unseen highs, and the US is going to ‘outcompete China or any other country that wants to take that away from us’. This statement confirms Trump’s new approach towards crypto. During his first term, he was quite skeptical about Bitcoin and other crypto assets, deeming them unregulated and volatile. Source: Tradingview However, Trump’s latest presidential campaign was quite…

Homepage > News > Business > India plans ‘Made in India’ chips by 2025, own GPUs in 3-5 years India is planning to manufacture its own ‘Made in India’ chip by the end of 2025, as well as exploring the possibility of having its own graphics processing units (GPUs) in three to five years. While manufacturing its own chips is a significant move towards accelerating India’s semiconductor ambitions, India’s GPUs will help the country boost the development of artificial intelligence (AI) infrastructure instead of solely relying on foreign suppliers. India’s Information Technology Minister, Ashwini Vaishnaw, told CNBC that the construction…

Five DeFiChain Improvement Proposals (DFIPs) are up for vote in the latest governance voting round.DFIPs:Proposal for Increasing DUSD Minting — Automatic Repay of DUSD loanProposal for Adjusted Fee Structure to Enhance DUSD Liquidity and Trading VolumeProposal Special Interest Groups (SIGs) for DeFiChainProposal to Reallocate Funds from DFIP 2201-A for Community Fund and DUSD BurnForce the peg finallyDFIPsDFIP 1: Increasing DUSD Minting — Automatic Repay of DUSD LoanThis proposal introduces an “Auto-Payback with Collateral” mechanism to provide an alternative to immediate liquidation. By automatically repaying DUSD loans with available DUSD collateral, users gain greater security when minting DUSD while ensuring systemic…

dogwifhat has bounced from an 11-month low after recording a 12% gain in 24 hours.  The recent gains caused over $2M in short liquidations, which was the highest in over two weeks. The memecoin market traded lower on the 29th of January, with the total market capitalization of these tokens falling by around 2% to $92 billion. However, Solana [SOL]-based meme coin dogwifhat [WIF] defied these bearish trends after registering a 12% gain in 24 hours to trade at $1.32 at press time.  WIF is rebounding after dropping to an 11-month low below $1. The dip has attracted buyers, as…

Humanity Protocol, the decentralized identity platform, has raised $20 million in funding. It was led by Pantera Capital and Jump Crypto. The fresh financing brings the fully diluted valuation of Humanity Protocol to $1.1 billion according to a company release. It builds infrastructures for humans to verify their digital presence to reduce the number of bots, deepfakes, and other frauds in online spaces. People can use the platform to scan their palms and authenticate their blockchain-based digital identity while maintaining control over their personal data. The funds will be used for scaling operations, integrating itself into other web3 platforms, and…

INX Digital Company, Inc. is excited to announce its strategic listing of three new cryptocurrencies. These groundbreaking cryptocurrencies are $TRUMP, $MELANIA, and Solana ($SOL). This advanced move strengthens the position of INX in the rapidly evolving crypto market. The listing was held on the 27th of January, 2025, demonstrating the platform’s commitment to ensure the provision of multiple assets in the regulated digital landscape. Solana’s INX Listing Shakes Up the Market Solana is one of the most advanced blockchain networks around the globe as $SOL is recognized for high-speed transactions with low costs, now available on the INX platform. With…

The U.S. Senate accepted Donald Trump’s nomination of Scott Bessent, a pro-crypto billionaire hedge fund manager, as the new Treasury Secretary. Bessent had been quite vocal about his positive outlook on the crypto economy, publicly saying that crypto represents freedom and that it is “here to stay.” Interestingly, Scott Bessent’s appointment has also wiped away the despair that DeepSeek brought to the US stock and crypto markets over the last few days. The crypto market seems positive overall, and is showing signs of recovery, with Bitcoin currently hovering just below the $102,000 mark. Moreover, Donald Trump’s appointment as the US…

Este artículo también está disponible en español. Solana has faced significant downward pressure in the past few days, dropping over 15% as the broader crypto market experiences a selloff driven by speculation and uncertainty. Meme coins, which have been a major catalyst for Solana’s recent growth, are now seeing massive losses, raising concerns about the blockchain’s short-term outlook. With meme coin projects struggling, Solana’s ecosystem is taking a hit, as these tokens have contributed significantly to its transaction volume and network activity. Related Reading Top analyst IncomeSharks shared a technical analysis on X, revealing that Solana still has room to…

OpenSea has officially launched its OS2 platform, a major update that introduces a new user interface and an experience points (XP) system aimed at encouraging greater user participation.The platform, which is currently in private beta, offers exclusive early access to holders of Gemesis NFTs, a move that has drawn significant backlash from long-time users.These users, many of whom have been integral to OpenSea’s success, expressed frustration at being excluded from the beta despite their extensive activity and contributions to the platform. Source: OpenSeaWhat’s new with the OS2 Platform?The OS2 platform brings several notable changes to OpenSea’s user interface, aiming to…