Author: Yeek.io

Cryptocurrency is gaining a foothold in a Southeast Asian country after several local banks team up to launch a new stablecoin for its citizens to invest into digital assets. Four Philippine banks are preparing to introduce a multi-bank stablecoin to further allow Filipinos to become part of the cryptocurrency landscape, revolutionizing the country’s cross border transactions. New Stablecoin A new Philippine Peso-backed cryptocurrency would allow real-time cross-border remittances within the year. Blockchain analyst Ledger Insights revealed that UnionBank of the Philippines, Rizal Commercial Banking, Cantilan Bank, and Rural Bank of Guinobatan collaborated to launch a multi-issuer Philippine stablecoin, leading the…

Bitcoin (BTC) remains the center of investors’ attention and concern especially following the latest nonfarm payrolls data from the US Bureau Of Labor Statistics (BLS). While the general market sentiment remains bullish, recent developments in the US economy indicate that macroeconomic factors may be against the premier cryptocurrency in 2025.  Currently, Bitcoin trades above $94,000 following another turbulent price performance which produced a loss of 3.45% in the past seven days. Fed’s Pivot To Rate Cuts Is Dead – Analysts In an X post on December 10, market experts at global capital market analysis firm The Kobeissi Letter dissected the…

Hello, fellow Ethereans. I am Mihai Alisie, one of the Ethereum founders, and for the past year I’ve served as the vice president of the Ethereum Foundation and as director of Ethereum Switzerland. During the last few months I’ve been researching and testing a number of collaborative tools, constantly assessing the usefulness and applicability of each tool in the context of our community. Why? Because I think there is a lot of untapped potential in this community, and I think part of the reason that potential is untapped is the lack of a streamlined collaboration system. This article is a…

Ethereum’s funding rate has sharply declined since rejection at $4k On the price front, ETH has declined by 10.08% over the last 7 days Over the last 3 weeks, Ethereum [ETH] has struggled to maintain any upward momentum on the charts. In fact, over this period, the altcoin has seen extreme price fluctuations while trading sideways. At press time, Ethereum was trading at $3,232. This marked a 10.08% decline on the weekly charts, with an extension to this bearish trend by another 1.85% dip on the daily timeframe. With ETH struggling to record any sustained gains, the crypto community has…

Heritage Distilling is just the latest company to integrate Bitcoin into their operations, either by accepting it as a payment method or by holding it as part of their corporate treasuries. The Gig Harbor, Washington-based craft spirits producer will implement Bitcoin (BTC) payments through its direct-to-consumer e-commerce platform. The move follows the creation of the company’s Technology and Cryptocurrency Committee, led by digital payments expert Matt Swann. Heritage’s policy highlighted Bitcoin’s growing adoption among consumers, financial institutions, and policymakers. The company points to the Financial Accounting Standards Board’s 2023 policy change, which allows public companies to mark Bitcoin to fair…

The recent attempt of Dogecoin to recover lost ground has faced a significant hurdle as the price struggles to break above the crucial 4-hour Simple Moving Average (SMA). This resistance level has proven a formidable barrier, with bearish pressure consistently preventing any meaningful breakout.  Despite initial signs of a potential rebound, DOGE’s inability to surpass this key threshold suggests that bullish momentum remains fragile, leaving the meme coin in a precarious position. The rejection at the 4-hour SMA highlights the growing dominance of sellers in the market, casting doubt on whether buyers can regain control to push the price higher. …

Few would argue against the fact that Ethereum has been gifted with one of the most diverse and thoughtful communities ever gathered around any open source project. Fueled by what can only be described as impassioned determination, developers from all walks of life have risked their time and credibility to pioneer in this radical and largely unknown domain of innovation. Indeed, even before genesis, Ethereum already boasts hundreds of projects covering everything from self-stabilizing currency to potential replacements for government services. Today we are launching a new program to support and thank those who continue to take this journey with us.…

Gary Gensler claimed that most altcoin projects with no fundamentals will fail.  The outgoing chair was proud of his legacy and called for appropriate disclosures in the space.  In a recent Bloomberg interview, Gary Gensler stated,  ‘This field is Bitcoin, Ethereum and everything else… These 10K-15K crypto projects, many of them will not survive. They’re like venture capital investment and a fair number of small pump-and-dump schemes’  Will the altcoin sector fail? Gensler noted that markets are moved by fundamentals and sentiment. However, most of the 10K-15K altcoin projects depend only on sentiment and may not survive. He added that…

German policymakers are ramping up their efforts to integrate the blockchain and Bitcoin into its financial system. In a recent Blockchain Roundtable hosted by Fraktion der Freien Demokraten and Frank Schäffler, parliament members and resource persons explored a few key proposals that can help the government achieve its objective. The roundtable discussion held in the German Parliament attracted the attendance of key German policymakers, including Christian Lindner, a former Finance Minister and Patrick Hansen, a Circle executive. Germany’s Bitcoin Initiative: Lindner Recommends The Next Steps Former Finance Minister Christian Lindner was one of the guests at the Blockchain Roundtable and…

Este artículo también está disponible en español. Dogecoin has faced a challenging period amid the recent market selloff, experiencing a sharp 20% decline from its local highs. Despite this setback, the meme coin leader still maintains a bullish structure, holding above a crucial demand zone.  Related Reading Renowned crypto analyst Ali Martinez recently shared compelling on-chain data, revealing that whales have been actively accumulating DOGE during this downturn. In the last 48 hours alone, over 470 million DOGE tokens have been acquired by large holders, suggesting confidence in the asset’s potential recovery and long-term value. This significant accumulation indicates strong…