Author: Yeek.io

Homepage > News > Finance > HK fast-tracks digital assets licensing; S. Korea delays regulation Hong Kong’s Financial Services and the Treasury have issued a reply to the region’s Legislative Council on the state of BTC and other digital assets amid rising global interests. The Legislative Council had previously sent a raft of questions to the financial regulator to ascertain Hong Kong’s strategy toward digital currencies in the face of impressive adoption rates and price spikes. The parliamentarians, led by Johnny Ng, sent four questions to the regulator to obtain a clear report on the government’s stance toward digital currencies. The first one sought…

Fartcoin, the Solana meme coin getting massive traction amid new market buzz around AI agents, has seen its token’s price explode as Binance Futures announces listing. The Fartcoin (FARTCOIN) token rocketed to a market capitalization of $1 billion earlier in the day as fresh upside momentum helped cryptocurrencies stem the latest price downturn. The milestone on Dec. 20 came as the meme coin’s price spiked to new all-time high of $1.30. Gains in the past week stood at over 50%, while the parabolic performance seen over the past month meant FARTCOIN trended more than 370% up. Notably, the meme coin’s…

Instead of acquiring users through ads, the best web3 companies grow by turning users into contributors and owners. Web2: grow with ads For more than a decade, there has been one default way to acquire new users for a project: paid advertising. Whether through Facebook, Amazon, Instagram, or Google Search, startups have set aside large budgets to engage and retain new customers using these platforms. Facebook alone is responsible for over a quarter (!) of global advertising spend. This playbook for growth is very well established, but makes it difficult for newer players to break through a crowded market. Web2.5:…

Top US-based crypto exchange platform Coinbase is removing support for Wrapped Bitcoin (wBTC) as the crypto king crashes below six figures. In a new thread on the social media platform X, Coinbase Assets says it has disabled trading services for wBTC, the tokenized representation of Bitcoin (BTC) on the Ethereum (ETH) blockchain, as the digital asset no longer meets the firm’s listing standards. “We have disabled trading for wBTC. Your wBTC funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time.” Coinbase – which first announced its decision to…

Este artículo también está disponible en español. The Bitcoin price has dropped below the $100,000 psychological level and is now holding between the $96,000 and $98,000 range. Crypto analyst Ali Martinez provided insights into why Bitcoin could be holding well within this range.  Why The Bitcoin Price Is Holding Steady Between $96,000 And $98,000 In an X post, Ali Martinez noted that one of the most important support levels for the Bitcoin price is between $98,830 and $95,830, where 1.09 wallets bought over 1.16 million BTC. This explains why Bitcoin is holding steady between $96,000 and $98,000 as investors who…

Este artículo también está disponible en español. The entire crypto market has been riddled with a notable decline in the past 24 hours, led by Bitcoin’s break below the $100,000 price level again. Dogecoin wasn’t left out of this decline, which saw its price crashing by almost 15% and eventually reaching below $0.31. However, technical analysis suggests that this price decline is very natural in Dogecoin’s current trajectory. This technical analysis offers a silver lining for Dogecoin enthusiasts, as it frames the pullback as a natural phenomenon within the broader ongoing bull cycle. Weekly Golden Cross And Its Implications For…

Reminder: the Gray Glacier upgrade is scheduled for block 15,050,000, expected June 29, 2022The Kiln Merge testnet, launched earlier this year, will be shut down shortly after the Ethereum mainnet’s transition to proof-of-stake.Ropsten, Ethereum’s longest-lived proof-of-work testnet, has transitionned to proof-of-stake. It will be shut down in Q4 2022.Rinkeby, a geth-based proof-of-authority testnet, will not transition to proof-of-stake and will be shut down in Q2/Q3 2023.Users and developers are encouraged to migrate ASAP to Goerli or Sepolia to test Ethereum in a post-merge context. After The Merge, Rinkeby will not be a suitable testing environment for the Ethereum mainnet. Unplanned…

Three years ago, the digital economy and the art world experienced one of the most extraordinary crazes in recent history as NFTs (nonfungible tokens) skyrocketed in popularity and value. These unique digital assets became both a financial and cultural phenomenon, with wealthy individuals and major organizations investing millions into a new market that promised to be both widely innovative and exclusive. NFT’s boom was largely driven by the rising value of cryptocurrencies. However, the NFT market and digital art sector weren’t the only industries experiencing a transformative era as a result of the rising adoption of crypto; so too were…

Homepage > News > Finance > UK’s FCA releases paper on digital asset disclosures, abuse The United Kingdom is on track to see comprehensive digital asset regulation by 2026, according to a new discussion paper from the Financial Conduct Authority (FCA) on admissions, disclosures and market abuse regulation. On December 16, the FCA, the U.K.’s top financial markets regulator, published a discussion paper on the future market abuse regime for cryptoassets (MARC) and the digital asset admissions and disclosures regime (A&D), which together it described as “crucial to improving the integrity and cleanliness of our crypto markets, as well as…

contributor Posted: December 20, 2024 MOODENG has formed a double-top pattern on its one-day chart after dropping by 35% in the last seven days.  If buyers fail to step in, the memecoin could drop further towards $0.134.  Moo Deng [MOODENG], a memecoin based on the Solana [SOL] blockchain, has dropped by 7% in 24 hours and was trading at $0.256, at press time. MOODENG dipped by more than 35% in the last seven days.  MOODENG’s decline mirrors the drawdown across the broader market, which has led to more than $1.5 billion being liquidated within two days per Coinglass. This pullback…