Author: Yeek.io

In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has officially rescinded Staff Accounting Bulletin (SAB) No. 121, a controversial rule that had long hindered banks from offering bitcoin and crypto custody services. This move, announced on Thursday, signals a significant shift in the SEC’s approach to regulating bitcoin and crypto and paves the way for greater financial integration.BREAKING: 🇺🇸 SEC OFFICIALLY RESCINDS SAB 121, WHICH PREVENTED BANKS FROM CUSTODYING #BITCOIN pic.twitter.com/VCnggkCGmL— Bitcoin Magazine (@BitcoinMagazine) January 23, 2025 Introduced in March 2022 under former SEC Chair Gary Gensler, SAB 121 required institutions holding bitcoin and crypto assets for customers…

In this article, we will analyze why Trump’s victory might be the most significant event in cryptocurrency history.Two weeks after surviving an assassination attempt, Trump addressed a Bitcoin conference, declaring the U.S. would become the world’s cryptocurrency and Bitcoin capital. He announced that the U.S. government would never sell a single Bitcoin, that pro-crypto regulations would be implemented, and most notably, that the U.S. would establish strategic Bitcoin reserves, modeled after existing gold and oil reserves.Pro-crypto politics significantly contributed to Trump’s victory, especially given that the crypto community is younger, tech-savvy, urban, and, by definition, has historically leaned toward Democrats.…

The world of blockchain is expanding every day, and BNB Chain wants to lead the charge as an “AI-first” platform. In simple terms, BNB Chain wants to bring artificial intelligence (AI) into Web3, making it easier for decentralized applications to learn, adapt, and run autonomously. We look at the growing importance of AI Agents in the Web3 space and highlight how developers can leverage BNB Chain AI Agents to build, launch, and scale their next big idea. What Are AI Agents? AI Agents are software entities that act and make decisions without needing as much human oversight. In the Web3…

GOAT may be getting ready for a massive breakout from a falling trend channel Whales have been selling FARTCOIN and buying GOAT instead At the time of writing, the price of Goatseus Maximus (GOAT) was trading within a falling trend channel. This was evidenced by the fact that its peak of $1.30+ underlined the potential for a significant breakout. Especially if certain conditions are met. The altcoin was trading at around $0.278 at press time, with a crucial support established at $0.23. This support level must hold to keep the bullish scenario viable, emphasizing the importance of not dropping below…

A widely followed trader is issuing a warning on altcoins in the artificial intelligence (AI) crypto sector. The trader pseudonymously known as Bluntz tells his 312,000 followers on the social media platform X that the “big” AI-related crypto assets are signaling the possibility of the bullish run coming to an end over the short term. According to the analyst who regularly applies the Elliott Wave theory in his technical analysis, lots of the AI-related altcoins have retraced from the peak of the final wave of a bullish trend that started months ago. The Elliott Wave theory states that the main…

A recent study by Cornerstone Research indicates that in 2024, the US Securities and Exchange Commission (SEC) witnessed a notable decrease in enforcement actions related to crypto. The number of cases dropped by 30% in Gary Gensler’s final year as SEC chairman, from 47 in 2023 to just 33 in the previous year. In spite of this reduction, the monetary fines rose to an all-time high of nearly $5 billion. A Year Of Record-Breaking Penalties Though enforcement numbers dropped, the SEC gathered penalties never seen before. The majority of this entire amount came from a single multi-billion dollar settlement. It…

Este artículo también está disponible en español. Donald Trump winning the elections has ushered in an unprecedented amount of bullish sentiment in the crypto market. With tons of crypto-friendly regulatory changes expected in the coming weeks, Morgan Stanley is among the first banks to openly explore crypto market expansion. Ted Pick, CEO of Morgan Stanley, has said that the banking giant will closely work with US regulators. It’s also worth noting that Morgan Stanley was the first major US financial institution to offer Bitcoin funds to its clients. With the biggest businesses in the world now looking at crypto as…

Homepage > News > Business > This week in AI: OpenAI’s ‘Operator’; US invests $100B in data center OpenAI launches AI agent ‘Operator’ On January 23, OpenAI unveiled “Operator,” its AI agent designed to execute complex, multi-step tasks autonomously. In a live demonstration, Operator handled tasks such as making restaurant reservations, ordering groceries, and purchasing event tickets from start to finish, with minimal user interaction beyond entering the initial prompt. title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen=””> Operator runs on OpenAI’s Computer Using Agent Model (CUA), built on GPT-4o. This system allows artificial intelligence (AI)…

Meme coins in the Base layer-2 blockchain were among the top performers on Friday as the ecosystem continued to gain traction. Toshi (TOSHI) surged by over 70%, pushing its market cap to more than $237 million and making it the third-largest meme coin on Base, following Brett and Akuma Inu. Its rally came after being listed on Coinbase, the largest exchange in the U.S. This listing boosted TOSHI’s 24-hour trading volume to $165 million. According to Nansen, a whale purchased Toshi tokens worth over $3.16 million. Whale bought TOSHI tokens worth $3.16 million | Source: Nansen Keyboard Cat (KEYCAT) was…

THORChain paused BTC & ETH withdrawals, citing insolvency risks Amid restructuring and debt concerns, RUNE’s price dropped by 37% in just 7 days THORChain, a cross-chain swap protocol, has paused withdrawals for its Bitcoin (BTC) and Ethereum (ETH) lending and savings services under its THORFi platform. The decision follows growing concerns about the platform’s financial health, with allegations of insolvency and mounting debt raising red flags within the crypto community. This suspension is part of a 90-day restructuring initiative aimed at stabilizing the protocol, addressing debt, and preventing a potential liquidity crisis. For now, other services such as trading and swaps…