Author: Yeek.io

Homepage > News > Finance > SEC Crypto Task Force eyes ‘clear’ framework for digital assets Acting United States Securities and Exchange Commission (SEC) Chair Mark Uyeda announced the launch of a Crypto Task Force “dedicated to developing a comprehensive and clear regulatory framework for crypto assets.” In a hint of the agency’s shifting approach to the digital asset sector for the second term of newly sworn-in President Donald Trump, the task force was launched under the heading “SEC Crypto 2.0.” It will be led by SEC Commissioner Hester Peirce, a vocal advocate for the digital asset space. “To date,…

PENGU rallied 20% in the past 24 hours as of press time, ahead of Abstract chain mainnet launch. The token’s DEX trading volume also rose after a sharp decline for the last nine days. Pudgy Penguins [PENGU] rallied more than 20% in the past 24 hours, marking by a significant uptrend on the hourly timeframe. The memecoin moved from $0.021945 to a peak of around $0.026309, ahead of the anticipated Abstract chain mainnet launch. This bullish trend was supported by a spike in buying interest as MACD volume bars depicted in that period. The ADX indicator, at 23.55 at press…

Quick take: The fundraising was closed at a fully diluted valuation of $1.1 billion, Reuters reported. Humanity Protocol plans to use the fresh capital to roll out the product at a larger scale in the coming months. The company also plans to unveil its crypto taken, with preparations for a smooth launch currently in the final stages. Humanity Protocol has announced a $20 million fundraising co-led by Pantera Capital and Jump Crypto. The decentralised digital identity company is building a system that uses palm scans to verify the authenticity of online accounts. The fundraising was closed at a fully diluted…

Elon Musk’s SOL plans have ignited another buzz, with the blockchain potentially being chosen for his plans with DOGE. Is 2025 Solana’s year? Solana’s [SOL] cutting-edge tech and unmatched throughput stole the spotlight, with Donald Trump choosing its network for the TRUMP launch. Now, all eyes are on Elon Musk as speculation heats up about Solana blockchain powering his D.O.G.E venture. Solana: The chosen one? It’s no surprise that SOL’s recent price action has been largely fueled by high-profile use cases. Recently, the Official Trump [TRUMP] memecoin drove SOL to a new all-time high, surging over 19% just hours after…

In a recent interview, Ki Young Ju, the CEO of CryptoQuant, drew interesting parallels between the crypto meme coin market and the art industry. As per Young, both these markets aim to draw valuations of an intangible instrument through narrative and market hype. Meme coins are often based on a popular meme, incident, or personality. Similarly, the value of a painting is derived from the story and artist behind it. Defending the ‘scam’ criticism often associated with meme coins, Young said that if literal comparisons are drawn, the art industry should also be termed as scammy. Memecoins were the most…

Coinbase CEO Brian Armstrong recently suggested that the ‘floodgates are opening’ for TradFi firms to find the best crypto to invest in.  According to Armstrong, Donald Trump’s crypto plans (including a US Bitcoin strategic reserve) and the blockchain’s potential for economic freedom are what’s ‘forcing everyone to up their game.’ As more mainstream players join the blockchain realm, cryptocurrencies could become a goldmine. Amidst the buzz, low-cap coins that offer more than speculative hype – like $WEPE and $BEST – could jump 100x. 1. Wall Street Pepe ($WEPE) – Share Trading Tactics, Reap the Rewards A new crypto to invest…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As the backbone of local economies across the United States, community banks’ futures lie with an unexpected ally: crypto policy.  In rural and underserved areas, local financial institutions are facing enormous pressure to remain competitive as the technological and financial infrastructure quickly evolves around it.  With blockchain technology becoming more mainstream, community banks are being presented with an opportunity to revitalize themselves. By laying blockchain rails and adopting “digital cash” stablecoins, they can improve how people participate…

Bitcoin and most altcoins plunged on Monday, continuing a downward trend that has persisted since Donald Trump’s inauguration. Bitcoin (BTC) fell to a low of $97,855, declining by about 10 percent from its high earlier this month. Other major laggards in the crypto industry included popular names such as Fartcoin, Raydium, Pepe, and Virtuals Protocol, which each dropped by over 20%. Many of these coins are trading significantly below their monthly highs. Fartcoin, a popular meme coin on the Solana (SOL) network, has dropped by 63% from its peak this month. Raydium, the largest decentralized exchange on Solana, has fallen…

The failure of the H4 bullish order block promised new lows for VIRTUAL price prediction. The OBV has made lower lows on the daily, and the CMF signaled bearish dominance. Virtuals Protocol [VIRTUAL] has been trending downward over the past three weeks. While the pullback was considered healthy a week back, the loss of the 78.6% Fibonacci retracement level at 2.67 on the 19th of January was a bearish blow. Since then, the sellers have compounded the bulls’ woes. Bitcoin [BTC] saw heightened volatility in the past three weeks. A BTC pump did not take VIRTUAL considerably higher, but the…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Trump-backed meme coins grab headlines, Lightchain AI quietly emerges as the real game-changer, merging blockchain and AI for transformative, long-term growth. Donald and Melania Trump launched rival meme coins, tapping into the cultural and financial phenomenon of the cryptocurrency world. While these tokens aim to capture attention with their high-profile backing, Lightchain AI is quietly setting the stage for a technological revolution. With its presale raising $12.3 million at $0.005625 per token, Lightchain AI offers a stark contrast…