Author: Yeek.io
News of the U.S. Treasury engaging with XRP has led to speculation and excitement among investors and traders. Social media reactions indicated a rapid increase in the XRP held in this supposed Treasury wallet, which could contribute to bullish sentiment. The market might react positively in the short term due to increased visibility, credibility, and potential use cases for XRP. However, the long-term impact would depend on adoption, regulatory clarity, and how XRP’s technology is integrated into broader financial systems. Given the speculations, the announcement could also lead to increased volatility. If the community sees this as a strong endorsement,…
Follow Aaron on Nostr or X. Technically, Donald Trump broke his campaign promise by not freeing Silk Road founder Ross Ulbricht on day one of his presidency. (No, inauguration day is not “day zero.”) But as I explained in my previous Take, I wasn’t expecting a literal first day pardon anyways. Even day two exceeds my expectations. Trump delivered, and I’m very glad he did.When I first heard about Silk Road in early 2013, I was immediately intrigued by the concept of buying and selling drugs anonymously online. To this day, I think darknet markets are the best intermediary step before…
Este artículo también está disponible en español. Bitcoin price settled above the $100,500 resistance zone. BTC is consolidating gains and might aim for a fresh increase above the $105,000 zone. Bitcoin started a downside correction from the $106,800 zone. The price is trading below $104,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $102,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $102,000 support zone. Bitcoin Price Eyes Fresh Increase Bitcoin price started a decent…
Have you ever wondered if there’s a fresh way to raise money for your blockchain idea? NFTs might be the answer. In this guide, we’ll walk through how NFT fundraising works, why it’s different from traditional methods, and how an Ethereum Layer 2 project managed to pull in $22 million using NFTs. We’ll keep it simple so you can follow along even if you’re new to the crypto space. Overview of NFT Fundraising NFT fundraising lets blockchain startups sell unique digital assets to supporters who want more than just a typical investment. Since each NFT can represent something one-of-a-kind—like special…
Homepage > News > Business > South Korea issues digital IDs secured by blockchain South Korea is testing a digital identity card that digitizes a system that has been used for nearly six decades, with blockchain being used to enhance security. According to local reports, the new digital identity will be tested in nine regions, including the cities of Sejong and Yeosu and Geochang and Yeongnam counties. It will be available to all residents in these regions aged 17 or older. The new system digitizes a national ID card system that has been in use since 1968. However, in 2021, the South…
Coinbase is officially listing a new memecoin that uses the name and likeness of the top US crypto exchange’s CEO’s pet dog. According to a new announcement, Coinbase is officially supporting Toshi (TOSHI) starting today. “Coinbase will add support for Toshi (TOSHI) on the Base network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on Coinbase and Coinbase Exchange in the regions where trading is supported.” Coinbase is adding support for TOSHI on Base, an Ethereum (ETH) layer-2 network incubated by the exchange. The announcement was made yesterday around…
After being pardoned by President Trump, Ross Ulbricht tweeted for the first time in over 11 years, expressing gratitude for second chances and support, while his associated cryptocurrency token experienced a price drop following a three-month surge. On Jan. 24, Ross Ulbricht made his appearance on X for the first time after 11 years in prison. Ross Ulbricht took to X to thank President Donald Trump, who fully pardoned his sentencing of life without parole and called the sentencing ‘Ridiculous.’ In the X post, Ulbricht emphasized the importance of ‘second chances’ and thanked all his supporters, saying “it is a victory,…
Dogecoin started a downside correction from the $0.400 zone against the US Dollar. DOGE is now consolidating and might attempt a fresh increase if it stays above $0.3350. DOGE price started a fresh decline below $0.3880 and $0.3650. The price is trading below the $0.3550 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.3520 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.3520 and $0.3550 resistance levels. Dogecoin Price Dips To Support Dogecoin price started a…
Sonic whales have been selling the asset for weeks, causing the asset to drop. Spot traders in the market are beginning to counter the whales’ moves as they change the narrative. Sonic [S] has been on a downturn for an extended period, with a weekly loss of 27.11% as market participants turn bearish. The bearish wave appears to have continued to intensify as the asset has dropped by 9.53%, with whale’s mounting pressure. AMBCrypto has since found that spot traders could play a role in preventing further price declines. Whales continue to sell Sonic Large investors, otherwise known as whales—who…
Guess who’s back and buying more Bitcoin? It’s Blackrock taking a bolder approach to the world’s top digital asset. According to Arkham Intelligence’s recent tracking, BlackRock reportedly bought $600 million worth of Bitcoin on January 22nd, the most significant buy this year. Arkham added that this latest acquisition pushed the company’s holdings to 569,343 Bitcoins, currently valued at $58.32 billion. In addition to Bitcoin, BlackRock holds other digital assets, including 74.5 million USDC tokens, $3.7 billion worth of Ether, and coins like UBXS, Colle AI, MOG, TUA, and SPX6900. Source: Arkham Intelligence BlackRock Leads Bitcoin Purchases In Last 7 Days…