Author: Yeek.io

Homepage > News > Finance > Iran opts for digital asset regulation than restrictions The Iranian government is exploring digital asset regulations as an alternative to restrictions, according to Economic Affairs and Finance Minister Abdolnaser Hemmati, as reported by state-run news agency Nour News on December 7.  Speaking at a symposium in Tehran, Hemmati said that the government aims to control the negative economic impacts of digital assets, while leveraging their benefits.  The minister added that digital money falls under the jurisdiction of the Iranian central bank, reaffirming it as the primary authority overseeing the sector. Central bank oversight The Central Bank of Iran (CBI) recently introduced a comprehensive…

December 11, 2024The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDRDecembrrrr Base LP incentives: Synthetix is rolling out a four-week program to boost liquidity for the busy perps trading season (see below for details of the program).87,000 KWENTA tokens were burned last week by the Synthetix Treasury, retiring the entire non-circulating supply of KWENTA.New Perps markets: MORPHO, AERO, and CHILLGUY.Synthetix made the cut as one of only five assets in the Grayscale DeFi Fund.Synthetix has officially acquired TLX (see below for details of the acquisition).Burt announced the…

PEPE’s near-term trajectory will depend heavily on its ability to hold the $0.000018-$0.00002 support zone The memecoin’s derivates data highlighted mixed sentiment with a slight edge for bulls PEPE recently saw an exponential rally of over 250%, hitting a new all-time high (ATH) of $0.0000284 on 9 December. This explosive growth coincided with the broader memecoin supercycle and Bitcoin’s sustained bullish sentiment on the charts.  At press time, PEPE was trading at $0.0000239, with its 20-day EMA providing strong support to the recent correction. A consistent rebound from this level could propel the price into a price discovery phase, potentially…

Optimism positions itself as a low-cost and lightning-fast Ethereum Layer 2 blockchain. Its development framework, OP Stack, extends even further. The Optimistic framework is creating The Superchain as a scalable network of interconnecting L2s. At Layer3, we’re building a multichain gateway with a focus on OP Stack chains. Our interactive Quests span Optimism, Base, and most recently Zora. Our Quests span the Superchain, driving: 6.5M+ Optimism transactions 300K+ Active Optimism wallets 200K+ Active Base & Zora wallets We recently worked with Base for highlighting Onchain Daily, while also being vital to its historic Onchain Summer campaign. Our partner, Antonio García…

A widely followed cryptocurrency analyst and trader is predicting one top 20 altcoin will soon have an explosive breakout. The analyst pseudonymously known as Bluntz tells his 304,200 followers on social media platform X that Ethereum (ETH)-based decentralized oracle Chainlink (LINK) may surge after completing an ABC correction on the 12-hour chart. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to see more rallies after concluding an ABC wave pullback. “LINK continues to look strong here against USD and BTC pair. Working real hard on the range breakdown reclaim, I think this will be at…

Este artículo también está disponible en español. In a price prediction shared on X, Tom Dunleavy, Chief Investment Officer (CIO) at MV Global—formerly known as Master Ventures—outlined his bullish projections for major cryptocurrencies in 2025. MV Global is a blockchain-focused venture studio renowned for building infrastructure companies aimed at advancing blockchain adoption, with investments spanning prominent entities such as Coinbase, Kraken, Ripple, Circle, and Bitfinex. Dunleavy’s forecast positions Bitcoin (BTC) at a target of $250,000 and Ethereum (ETH) at $12,000 by the end of 2025. Additionally, he anticipates Solana (SOL) reaching $700. These projections are underpinned by an analysis that…

Market sentiment is also shifting, with TON’s supply on exchanges decreasing from 1.91 million to 1.85 million. This trend suggests reduced selling pressure, possibly as holders move tokens off exchanges for long-term holding or staking. Such a decline in exchange supply often supports upward price momentum.Technically, TON faces key resistance near $6.3, with further targets at $6.6 and $6.99 if the rally continues. However, challenges remain. The recent formation of a death cross on the Exponential Moving Average (EMA) lines signals bearish sentiment. Still, short-term EMAs hint at a potential reversal if current momentum holds.If the rally stalls, it could…

Geth v1.13 comes fairly close on the heels of the 1.12 release family, which is funky, considering it’s main feature has been in development for a cool 6 years now. 🤯 This post will go into a number of technical and historical details, but if you just want the gist of it, Geth v1.13.0 ships a new database model for storing the Ethereum state, which is both faster than the previous scheme, and also has proper pruning implemented. No more junk accumulating on disk and no more guerilla (offline) pruning! ¹Excluding ~589GB ancient data, the same across all configurations.²Hash scheme…

Even though some big brands have stepped back from the NFT world—as Nike did with its RTFKT project—adidas is showing that it’s still eager to explore what’s possible. Their recent final reveal of ALTS by Adidas avatars seems to signal a belief in the future of digital avatars, digital collectibles, and Web3. Instead of retreating, adidas is pressing forward, hoping to give fans and collectors something fresh. The Birth of ALTS by adidas The ALTS by Adidas NFT avatar reveal arrived on December 10, 2024, nearly three years after its first mint in 2021. This collection includes 20,066 unique digital…

Crypto payments provider Alchemy Pay has announced plans to launch its own layer-1 blockchain, which the company says will target large-scale business applications. Alchemy Pay (ACH) notes that the layer-1 blockchain will be dubbed Alchemy Chain and built on the Solana (SOL) Virtual Machine architecture. Per an announcement on Dec. 11, the new L1 will offer a payment system allowing users to transact with fiat and crypto. The platform will also offer a user-friendly ecosystem bridging on-chain and off-chain processes, chain abstraction, a stablecoin revenue mechanism, and yield generation. Additionally, the blockchain network will integrate a layer-2 solution, as outlined…