Author: Yeek.io
Several cryptocurrency-related news stories from Russia dominated the first weeks of March. Some indicate the sector’s ongoing development, while others point to weak spots that require more action. Let’s examine them to see if the Kremlin will embrace crypto. Crypto investment testing The current status of crypto in Russia is far from loose—residents are allowed to buy and hold crypto, but they cannot pay with it. Crypto holdings are subject to taxation. Also, crypto mining is allowed and regulated but temporarily banned in select regions. On March 12, the Bank of Russia offered to allow a limited number of “particularly…
0The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into cryptocurrency exchange Crypto.com without pursuing any enforcement action, as announced by the company on March 27.In October 2024, Crypto.com filed a lawsuit against the SEC after receiving a Wells Notice — a communication indicating that the agency was considering enforcement action. The notice suggested that the SEC viewed certain tokens traded on Crypto.com’s platform as securities. In response, Crypto.com sued the SEC, arguing that the agency was overstepping its jurisdiction and improperly classifying most cryptocurrencies as securities. This lawsuit was withdrawn in December 2024.Nick Lundgren, Chief Legal Officer of…
According to a latest tweet from BNB Chain on X, a new $100M Permanent Liquidity Program has been launched.A Goal to Bring BNB Chain Great Again?Binance has announced the third Liquidity Program after the success of the first and second programs, which support every sector in the BNB Chain ecosystem. With this campaign, native BNB Chain projects could handle more momentum to thrive for reaching out to mass adoption.Over the past period, Binance has consistently shown interest in various projects, incorporating them into its observation lists under Binance Alpha, Wallet Initial Offering (WIO), or directly launching them on Binance Spot…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Bitcoin (BTC) has always been the face of crypto, the first thing that comes to mind when you think of this market. But for years, its role has been largely static—held as a store of value, yet rarely used for anything else. Then BTCFi entered the scene: unlike traditional DeFi, which has been dominated by Ethereum (ETH) and other smart contract platforms, BTCFi is built around Bitcoin as the core asset. In the last quarter of 2024,…
Over the past day, Pepe declined by 6.5% as bearish sentiments took hold. A Pepe whale has sold 150 billion tokens worth $1.14 million. Over the past day, Pepe [PEPE] has been the latest victim of the strengthening negative sentiments across the crypto markets. The current conditions have seen whales turn to selling. According to Lookonchain, a Pepe whale has made a massive deposit to exchange. As per the report, this whale has sold 150 billion Pepe tokens worth $1.14 million. The whale had spent only $2,184 to buy 1.5 trillion tokens at $43 million in the early stages. So…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is now trading above the $2,000 mark after several days of struggle, marking a potential turning point for the second-largest cryptocurrency by market cap. ETH had plunged over 38% since late February, sparking panic among investors when the price broke below the critical $2,000 level and briefly fell under $1,800. This sharp drop led many to question whether the broader altcoin market was entering a prolonged bear phase. However, the recent recovery and price stabilization above $2,000 have renewed optimism among Ethereum holders. Many investors believe…
Concerns over a global trade war continue to pressure traditional and cryptocurrency markets as investors brace for a potential tariff announcement from US President Donald Trump on April 2 — a move that could set the tone for Bitcoin’s price trajectory throughout the month.Trump first announced import tariffs on Chinese goods on Jan. 20, the day of his inauguration as president.Global tariff fears have led to heightened inflation concerns, limiting appetite for risk assets among investors. Bitcoin (BTC) has fallen 18%, and the S&P 500 (SPX) index has fallen more than 7% in the two months following the initial tariff…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum is facing mounting pressure after weeks of relentless selling and underwhelming price action. Since January, bulls have failed to regain control, and ETH has continued to bleed value in a market increasingly dominated by fear and uncertainty. With…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Multiple crypto analysts suggest that Ethereum (ETH) may have already reached the bottom for this market cycle. However, the second-largest digital asset by market cap is expected to encounter significant price resistance in the near term. Ethereum Has Likely Hit This Cycle’s Bottom According to an X post by crypto analyst TraderPA, ETH has likely found this market cycle’s bottom. The analyst shared the following chart showing ETH repeatedly bouncing off a five-year-old support level. Source: TraderPA on X The last time ETH touched this support line,…
A savvy cryptocurrency trader reportedly turned $2,000 into more than $43 million by investing in the memecoin Pepe at its peak valuation, despite the token’s extreme volatility and lack of underlying technical value.The trader made an over 4,700-fold return on investment on the popular frog-themed Pepe (PEPE) cryptocurrency, according to blockchain intelligence platform Lookonchain.“This OG spent only $2,184 to buy 1.5T $PEPE($43M at the peak) in the early stage. He sold 1.02T $PEPE for $6.66M, leaving 493B $PEPE($3.64M), with a total profit of $10.3M(4,718x), Lookonchain wrote in a March 29 X post.Source: LookonchainThe trader realized over $10 million in profit…