Author: Yeek.io

Federal Reserve and Bitcoin: No Interest in Stockpiling Federal Reserve Chair Jerome Powell clarified that the U.S. central bank has no intention of stockpiling bitcoin. During a press conference following the latest policy meeting, Powell stated that the Fed is not allowed to own bitcoin. He made it clear that this issue is something for Congress to address, not for the Fed. This marks a firm stance against the idea of the U.S. government accumulating large amounts of bitcoin, particularly in the context of a potential government-backed Bitcoin reserve. The idea of a “Strategic Bitcoin Reserve” has gained traction since…

Another savvy investor has bought Unicorn Fart Dust (UFD) tokens, a meme coin that was launched three days ago. The purchase shows that UFD has huge support from the crypto community. Onchain Lens spotted a whale who had accumulated massive amounts of UFD tokens in the last 48 hours. According to the on-chain metrics tracker, the trader spent 9,422 Solana tokens (worth $1.79 million) and 2.53 million First Convicted Raccon (FRED) tokens (worth $6,740) to buy 13.98 million UFD tokens. As per the blockchain analytics platform, currently, the trader is enjoying an unrealized profit of $831,000. In the past 48…

In the latest insight report by blockchain analytics firm CryptoQuant, Binance presently holds the best leverage ratio as the crypto bull run prepares to take off. Despite a major general price crash in the past week, investors and market analysts remain expectant of massive gains by several digital assets over the next year in line with historical data. The leverage ratio of centralized exchanges presents a crucial factor ahead of this potentially highly bullish period that promises high market activity. Binance, OKX Present Low Leverage Ratio As Other CEXs Show Potential Liquidity Risks In the crypto market, the leverage ratio…

What’s the Game About?Captain Laserhawk: The G.A.M.E. is a top-down shooter set in the Blood Dragon universe. It stars familiar characters like Rayman, who serves as a commentator. But to play, you need to purchase an NFT. This NFT is a “Niji Warrior” card that evolves as you play, potentially increasing in value. Ubisoft suggests that you might sell it later for profit.The NFT PitchThe game’s promotions heavily focus on NFT features rather than gameplay. According to the official site, players can:Shape and transform the game world.Earn exclusive rewards with significant value.Influence the game’s plot and participate in key decisions.Despite…

Note: this post was updated on April 4, 2022 to include a full copy of the Client Incentive Program details. A diverse set of clients is key to the Ethereum network’s health and decentralization. Diversity ensures that innovation continues at the base layer of the protocol, that the network is resilient in the face of potential attacks or bugs, and that a broad set of participants are engaged in debating potential changes to core protocol. While clients provide an essential service to the network (without them, there is no network!), it has historically been difficult for them to capture value.…

Understanding how to secure your cryptocurrency is essential, especially as the digital landscape evolves and online threats grow more sophisticated. Whether you’re storing crypto on an exchange, using mobile wallets, or exploring hardware wallets, this guide will ensure you have the information you need to protect your digital assets. In this post, we’ll walk you through legal considerations, best security measures, and explore strategies like using password managers, two-factor authentication, and cold storage solutions. By the end, you’ll have easily actionable steps to keep your crypto safe, maintain peace of mind, and trade confidently in the coming year. Is Crypto…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The speed at which AI is outgrowing regulation poses a risk to data, identity, and reputation verification and, if left unchecked, may increase the prevalence of misinformation and slow the progress of scientific innovation. The march towards super-intelligent AI is represented by its most fervent leaders as a push towards a scientific golden age. However, this push increases the chances of an existential risk of our society hitting a degradative tech plateau where widescale adoption of immature…

Dogecoin whales purchased 250 million DOGE, highlighting strong institutional interest in the memecoin Whale transactions could signal market-moving potential, raising questions about Dogecoin’s price direction In a noteworthy move, Dogecoin [DOGE] whales have acquired an additional 250 million DOGE – valued at $80 million – signaling strong interest from large investors. Despite recent market volatility, these massive purchases suggest that whales are positioning themselves for potential price movements, raising speculation about the future direction of Dogecoin’s value. With such significant accumulation, the question arises: Are these whales anticipating a rally, or is this just another phase in the ongoing price…

Bitwise CIO Matt Hougan says a wave of institutional interest in altcoins is coming next year, largely due to potential regulatory clarity and more exchange-traded funds (ETFs). In a new interview with Bloomberg, Hougan says that institutional money is in the early stages of broadening out to other crypto assets besides just Bitcoin (BTC). Hougan forecasts that 2025 will be the year that institutional investors will begin to incorporate more diversification in their crypto-investing strategies the same way they do in other asset classes like equities or bonds. “You’re already seeing it broaden out actually. A lot of people were…

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…