Author: Yeek.io

Bybit, a globally recognized second-ranked crypto exchange in terms of trading volume, has recently made a significant move to ensure regulatory compliance. As per the announcement, it has temporarily modified the provision of its services and products in the European Economic Area (EFA) to cope with the evolving regulations. Bybit Adjusts Products for EEA Compliance The prominent crypto exchange has taken the difficult decision to provisionally adjust the product availability to ensure regulatory compliance. In the meantime, the platform is actively endeavoring to get a Markets in Crypto-Assets Regulations license within the Austrian jurisdiction. Hence, this decision reflects Bybit’s priority…

Bitcoin investors received a jolt of optimism on Fox Business’ Mornings With Maria on December 13, 2024, when Digital Chamber founder and CEO Perianne Boring unveiled a staggering price prediction. Speaking with host Maria Bartiromo, Boring suggested that bitcoin could surge to $800,000 in 2025 under economic proposals set forth by President-elect Donald Trump.Personnel is policy: Perianne Boring pic.twitter.com/52IPUr2owR— Mornings with Maria (@MorningsMaria) December 13, 2024 Boring’s insights underscore how policy-driven macroeconomic factors could catalyze bitcoin’s ascent to historic highs. With its fixed supply, bitcoin’s unique scarcity positions it to thrive under conditions of increased adoption and favorable policy environments—a scenario…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…

TL;DR: The EPF concluded its third cohort and is preparing for the fourth cohort. Applications will be open soon. Sign up here to get notified when they open. The Ethereum Protocol Fellowship recently completed its third successful cohort in February 2023. Its completion marked 4 months of immersive learning, research and contribution to the Ethereum core ecosystem from a group of talented and dedicated fellows. Before we look into the third cohort, let’s recap what Ethereum core development is and how EPF fits into its landscape. Protocol development At the heart of the Ethereum ecosystem lies core development, the work…

Web3 gaming platform Treasure has launched its own Ethereum layer-2 scaling network via ZKsync, shifting away from its earlier use of Arbitrum.The platform seeks to address gaming-specific requirements and enhance the ecosystem with tailored features for both developers and players alike.To mark its launch, Treasure has introduced the “Decentralized Entertainment System: Cartridges” campaign, featuring daily NFT mints based on games within its ecosystem. Source: TreasureWhy is Treasure switching to ZKsync?Treasure decided to transition to ZKsync after evaluating its technical requirements.Whilst the company initially planned to continue with Arbitrum, advancements in ZKsync’s capabilities, including account abstraction and Elastic Network interoperability, prompted…

Five promoters behind the IcomTech Ponzi scheme have been ordered to pay $5 million in civil penalties and restitution for defrauding investors via a fake cryptocurrency trading platform. According to a Dec. 11 statement, IcomTech founder David Carmona, along with four promoters of the scheme, namely Juan Arellano Parra, Moses Valdez, and David Brend, for violations of the Commodity Exchange Act and Commodity Futures Trading Commission regulations. The court ordered them to jointly pay over $1 million in restitution to defrauded customers and imposed a $1 million civil monetary penalty on each of the four individuals.  Additionally, Marco A. Ruiz…

The double bottom chart pattern positions $0.47 as a critical breakout level. Network activity surges with a 102.4% increase in new addresses and steady transactions. Dogecoin [DOGE] is making headlines as it forms a compelling double bottom chart pattern, often a precursor to bullish momentum. At press time, Dogecoin was trading at $0.4043, reflecting a 2.68% decline in the last 24 hours.  However, its recent surge in network activity and a strong technical setup suggest growing interest among traders and investors, raising the question of whether a breakout is imminent. DOGE chart outlook: Can $0.47 be breached? The double bottom…

Blockchain AI company imgnAI has launched NAIFU, a new meme coin tied to its virtual AI companion, Naifu.  Introduced on the Base network, NAIFU is exclusively paired with imgnAI’s native token, IMGNAI, according to a press release shared with crypto.news.  Naifu, powered by advanced large language and multimodal models, offers real-time interactions and creative customization. Users can generate custom images, reply to tweets with live data, and explore unfiltered conversations through Naifu’s capabilities. Her functionality includes premium subscription features like unlimited messaging and interactions. Interacting with Naifu  The NAIFU token supports Naifu’s ecosystem, allowing users to engage with her features…

A widely followed crypto analyst is highlighting whale activity surrounding popular crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during this week’s market dip. In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 98,300 followers that deep-pocketed investors have loaded up on smart contract platform Cardano during the last two days. “Cardano whales bought over 80 million ADA in the last 48 hours!” Source: Ali Martinez/X Cardano is trading for $1.14 at time of writing, a 6.22% decrease during the last 24 hours. Moving on to the dog-themed meme…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP steadies above $2 as Cardano (ADA) eyes a breakout and XYZVerse (XYZ) gears up for a 99,900% surge. Amid a surging crypto market, industry analysts are spotlighting significant momentum in select altcoins. Ripple’s XRP is demonstrating robust stability, maintaining support above key price levels. Simultaneously, emerging projects like XYZVerse (XYZ) and established networks such as Cardano (ADA) are poised for potential breakout moves, capturing the attention of investors eager to capitalize on new opportunities.  XYZVerse, a meme coin…