Author: Yeek.io

Iran’s currency, the rial (IRR), has been losing value quickly as the country struggles with economic problems. To slow down this decline, the Central Bank of Iran (CBI) recently banned rial payments on all cryptocurrency exchanges. This move has left over 10 million Iranians unable to buy digital currencies like Bitcoin using their local currency. The government says this ban is necessary to protect the rial from further devaluation and to stop people from exchanging it for foreign currencies, which could make the situation worse. However, this crackdown raises an important question: Is cryptocurrency really causing Iran’s economic problems, or…

Fartcoin has short-term bearish sentiment, based on the negative Funding Rates in recent weeks Its price action showed a bullish outlook after the past month’s gains Popular memecoin Fartcoin [FARTCOIN] fell 22% in two days, but has climbed higher from the 18th of April low at $0.717.  On the 1-day and 4-hour timeframes, the token has bullish potential. The lower timeframe chart showed that a pullback to $0.67 was possible, but also highlighted a key S/R level that traders fought to control. Fartcoin traders can be bullish, but… Source: FARTCOIN/USDT on TradingView The 1-day chart showed a bullish market structure…

Most blockchains struggle to balance security, speed, and decentralization. Many are either too slow and expensive or too centralized, handing too much power to a few dominant players. This makes it difficult for developers to build efficient apps and for users to enjoy a seamless experience. Proof-of-Stake (PoS) blockchains aim to address these issues, but they often favour large token holders, making governance skewed and decision-making less democratic. Liquidity is another major concern—funds often get siloed within ecosystems, making it harder to move assets around and reducing overall efficiency. Berachain was created by three pseudonymous developers to tackle these problems.…

Cryptocurrency exchange Bitget discovered “abnormal trading activity” on the VOXEL/USDT perpetual futures contract on April 20, between 8:00 to 8:30 UST, and paused accounts that the exchange suspected of market manipulation.According to an April 20 announcement from the exchange, Bitget will roll back the accounts suspected of market manipulation within 24 hours, clawing back gains made from the trades.Bitget CEO Gracy Chen told Cointelegraph the trades were between individual market participants and not the platform itself. Chen also said that the losses are not platform-wide and that user funds remain safe.VOXEL-USDT perpetual futures contract spikes by over 138% in a…

Dogecoin is stirring intrigue at $0.1560, with a slight 0.32% daily uptick, a 3.20% weekly dip, and a 10.45% monthly drop, holding a $23.23 billion market cap.  Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A crypto analyst, Ali,  reveals that a striking 72.13% of Binance users are long on Dogecoin (DOGE) futures, dwarfing the 27.87% short positions, while Surf flags a volatile chart pattern.  As this bullish bias unfolds, altcoins like Minotaurus (MTAUR) ride the market’s hum. Are DOGE supporters onto a breakout, or is their optimism…

AVAX is back in the spotlight as traders revisit old highs and fresh chart patterns, with the AVAX price prediction showing signs of a possible move. Meanwhile, Binance just completed a massive BNB token burn, pulling over $900 million worth of BNB out of circulation—something that could tighten supply in the long run.Then there’s BlockDAG, the quiet climber that’s now front and center. After jumping 2,380% during presale, it still holds a potential 3,932% return if the $1 projection plays out. So why are analysts so confident? A lot of it comes down to the soaring demand for the BDAG…

Ethereum co-founder Vitalik Buterin has proposed replacing the current Ethereum Virtual Machine (EVM) contract language with the RISC-V instruction set architecture to improve the speed and efficiency of the Ethereum network’s execution layer.Buterin’s April 20 proposal outlined several long-term bottlenecks for scaling the Ethereum network including, stable data availability sampling, ensuring block production remains competitive, and zero-knowledge EVM proving.The Ethereum co-founder argued that implementing the RISC-V architecture in smart contracts would keep block production markets competitive and improve the efficiency of zero knowledge functions for the execution layer. Buterin wrote:”The beam chain effort holds great promise for greatly simplifying the…

ai16z has made a strong upswing on its price charts, rising by 16.5% as demand for long positions soars. The altcoin is experiencing strong demand for long positions, risking a long squeeze. ai16z [AI16Z] experienced a massive uptick on its price charts in the last 24 hours, surging from a low of $00.129 to a high of $0.157. This marked a 16.5% increase on its daily charts. Over the same period, the memecoin saw a 16.31% increase in its volume, reaching $118.4 million. Equally, ai16z’s Open Interest has surged by 17.8% hitting $61.19 million. When both volume and OI rise,…

Opinion by: Henry Duckworth, founder and CEO of AgriDexWe all need and buy it. Food is a common, universal ground across the planet. It should come as no surprise then that the agricultural industry is enormous. In 2023, the European Union alone imported 154 million tonnes of agricultural products and exported 134 million tonnes more. The market is growing too, projected to expand by 3.45% annually from this year to reach $5.52 trillion by 2029. Yet, farmers and agricultural traders are confronted with a serious problem. They need to export food abroad and interact with foreign currencies. The financial system —…

Bitcoin holders are celebrating one year since the 2024 Bitcoin halving by praising BTC’s resilience amid a global trade war and suggesting an accelerated market cycle due to a growing institutional presence.The 2024 Bitcoin halving reduced block rewards from 6.25 Bitcoin (BTC) to 3.125 BTC, slashing new BTC issuance in half.Despite rising concerns over a global trade war and escalating tariff tensions between the United States and China, BTC has climbed more than 33% since April 2024, Cointelegraph Markets Pro data shows.BTC/USD, 1-year chart. Source: Cointelegraph Markets Pro“So, even though Bitcoin’s showing resilience, I think the mix of past experiences,…