Author: Yeek.io

President Trump has officially eliminated a controversial guideline from the U.S. Securities and Exchange Commission that effectively prevented US banks from holding crypto assets. The administration’s new leadership at the SEC just rescinded Staff Accounting Bulletin 121, which forced banks to identify crypto assets held on behalf of their customers as liabilities on their balance sheets. A bill aiming to eliminate the guideline passed both the House and the Senate last year, but President Biden vetoed the bill. Although the issue is a top priority among crypto proponents, the removal of the rule was not a campaign promise. Bank of America CEO…

The US initial public offering (IPO) market is anticipating a substantial recovery in 2025, with a noticeable emphasis on listings pertaining to crypto, as the global economy continues to change. Favorable legislative reforms and increased institutional interest in digital assets are expected to fuel a boom in initial public offerings (IPOs) in the cryptocurrency sector. A strong US economy and low borrowing rates are largely responsible for this recovery, which should create a favorable atmosphere for businesses looking to exit through an IPO. Even with the recent market fluctuations, the medium-term picture is still promising. NYSE VP Upbeat About Crypto…

Este artículo también está disponible en español. Chainlink (LINK) is navigating a turbulent market phase, recently experiencing an 11% decline after reaching a local high of $27 yesterday. This pullback reflects the heightened volatility sweeping through the cryptocurrency market, particularly affecting altcoins. Many altcoins, including Chainlink, are facing sharp declines and aggressive price swings as traders respond to uncertain conditions and Bitcoin’s consolidation near all-time highs. Related Reading Despite the recent dip, optimism remains among analysts and investors. Top analyst Ali Martinez shared a technical analysis on X, highlighting a bullish perspective for Chainlink. According to Martinez, LINK is currently…

Whales have accumulated over 950,000 ETH, signaling strong confidence in its long-term potential. ETH’s key support at $3,044 held firm as analysts eyed $5,000 as the next major price target. Ethereum [ETH] continued to draw significant interest from major investors, with whales accumulating over $1 billion in ETH in recent months. This influx of capital has supported Ethereum’s price recovery, but the critical question remains: Can this accumulation drive ETH toward a $5,000 price target? Ethereum whale accumulation drives bullish sentiment According to a recent analysis of Santiment, there has been a clear trend of whale activity in the Ethereum…

XRP is currently navigating a pivotal phase, trading within a well-defined consolidation range of $2.9 to $3.4. This narrow band reflects a balanced struggle between bullish optimism and bearish caution as neither side has yet mustered the strength to trigger a decisive price movement.  Historically, such periods of consolidation are often precursors to significant market shifts, making this a critical moment for XRP enthusiasts and traders alike. A breakout above the upper boundary at $3.4 will probably act as a bullish catalyst, indicating renewed momentum and attracting fresh buying interest.  Such a move may pave the way for XRP to…

Este artículo también está disponible en español. After a flash crash to $89,256 earlier this month, Bitcoin (BTC) made a swift recovery, reaching a new all-time high (ATH) of $108,786 on January 20. However, according to a crypto analyst, further upside could be limited until the Federal Open Market Committee (FOMC) meeting later this month. Bitcoin To Remain Range-Bound Until FOMC Meeting The world’s largest cryptocurrency has been on a bullish trajectory since November, fueled by Donald Trump’s victory in the US presidential election. Over the past three months, BTC has surged from approximately $67,000 to $104,536 at the time…

Web3 gaming studio Hyve Labs has raised $2.75 million in a pre-seed funding round led by Framework Ventures.This funding round is also join by Volt Capital, Builder Capital, 32 Bit Ventures, and several angel investors from companies like Zynga and InfiniGods. The company’s primary goal is to build a decentralised gaming ecosystem, which will enable easier game development on blockchain platforms.With the latest funding, Hyve Labs plans to expand its team, develop on-chain assets, and create a cross-chain game launcher. Source: Hyve LabsWhat to expect from this latest funding?Hyve Labs plans to use the $2.75 million to accelerate the development…

The Immortal Rising 2 team will reveal the final dates for $IMT’s Token Event Generation (TGE) in the near future. The launch of Season 3 for the Path of Ascension (P2A) Play 2 Airdrop campaign will entail 1% of the total $IMT token supply. Weekly bonuses in Tether USDT will be set aside for the Immortal Rising 2 loyal players Planetarium Labs, a Web3 company heavily backed by Animoca Brands to build immersive GamiFi projects that unify global gaming communities, has announced the onset of the Immortal Rising 2’s Season 3 of the Path of Ascension Play 2 Airdrop (P2A)…

Today, U.S. President Donald Trump signed an executive order (EO) related to Bitcoin and cryptocurrency, titled “Strengthening American Leadership In Digital Financial Technology”. This EO officially banned the creation and issuance of a central bank digital currency (CBDC) in the United States, defining a CBDC as “a form of digital money or monetary value, denominated in the national unit of account, that is a direct liability of the central bank.”“Except to the extent required by law, agencies are hereby prohibited from undertaking any action to establish, issue, or promote CBDCs within the jurisdiction of the United States or abroad,” the…

Este artículo también está disponible en español. Recent developments suggest that crypto investors looking to catch the next quick 5x should be keeping an eye on the Dogecoin price. This is based on both technical and fundamental analysis, which proves that DOGE could record a 500% price surge from its current level.  Analyst Predicts 500% Surge For The Dogecoin Price In an X post, crypto analyst Javon Marks predicted a 500% surge for the Dogecoin price, representing a 5x increase from its current level. The analyst explained that Dogecoin is back showing strength, and by its historical performance, DOGE can…