Author: Yeek.io

The Brazilian Senate will hold a public hearing on crypto regulation after a lawmaker launched a fresh bid to “update” the nation’s legislation.Per the official news agency of the Brazilian Senate (via Vamos Adiante), the hearing will be hosted by the upper house of parliament’s Economic Affairs Committee.Brazilian Senate Wants to Hear from Regulators, Crypto IndustryThe hearing comes after Senator Soraya Thronicke of the Podemos Party unveiled a private member’s bill that seeks to police the way virtual assets service providers (VASPs) issue coins, hold tokens, and process settlements.The Brazilian Senator Soraya Thronicke. (Source: Senado Federal do Brasil [CC BY…

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. According to a recent X post by crypto entrepreneur Arthur Hayes, Bitcoin (BTC) probably hit its bottom during the plunge to $77,000 on March 10. However, Hayes cautioned that while BTC may have bottomed, stock markets could face more…

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 has experienced a crucial surge above the $2,000 mark, a key level that bulls have struggled to reclaim since March 10. This breakout brings renewed optimism, as analysts believe a stronghold above this level could trigger a rally…

Homepage > News > Business > Bank of Korea rejects BTC reserve, announces CBDC tests A busy couple of days for the Central Bank of South Korea saw it announce a large-scale payment test for its central bank digital currency (CBDC), a day after it rejected the idea of a BTC reserve, citing high volatility and liquidity concerns. The Bank of Korea (BoK), the central bank of South Korea, will launch a real-world transaction experiment for its retail central bank digital currency (CBDC) starting next month. Around 100,000 participants will be able to convert their bank deposits into a digital currency…

Marco Santori, former chief legal officer at crypto exchange Kraken, praised the political campaign donations made by industry firms during the 2024 election as “democracy at work.”In an exclusive interview with Cointelegraph, the former Kraken executive argued that crypto voters tilted the election in favor of then-candidate Donald Trump and the Republican Party.The executive also said that the donations from crypto firms, many of which are now having regulatory lawsuits dismissed, do not represent conflicts of interest. Santori told Cointelegraph:”Detractors only call it a conflict of interest when it is a cause they do not believe in, otherwise, it’s just…

The US Securities and Exchange Commission’s Division of Corporation Finance has clarified its views on proof-of-work mining, arguing that such activities do not constitute “the offer and sale of securities” as outlined in the Securities Act of 1933, so long as they meet certain criteria.In a March 20 statement, the SEC division addressed the “mining of crypto assets that are intrinsically linked to the programmatic functioning of a public, permissionless network” and determined that decentralized PoW networks should not be treated as securities.Although the SEC’s statement did not name any specific blockchain, its views on certain PoW activities apply to…

Fetch.AI (FET) is turning heads as it steadily regains momentum after a strong rebound from the $0.452 level. This key support held firm, allowing bulls to regain control and drive prices higher. With buying pressure gradually increasing, FET’s recovery is gaining traction, hinting at a potential breakout if momentum continues to build. As FET’s price action begins to reflect renewed confidence, the market is buzzing with speculation about its next move. With technical indicators pointing to upward strength and trading activity on the rise, its resurgence could mark the beginning of a significant turnaround. Will this rebound be the catalyst…

Key Takeaways: Platforms are broadening onchain services to mix finance with lifestyle elements. Collaborations with sports and entertainment offer new, relatable entry points. Efforts focus on streamlining interactions across multiple blockchain networks. This shift reflects a broader evolution in digital finance approaches. Cryptocurrency exchanges are focused more than ever on bringing new users onchain.This shouldn’t come as a surprise, though. Going onchain often results in organic, exponential growth. For example, Dogecoin (DOGE) recently saw a surge in its user engagement. According to CryptoQuant data, Dogecoin saw a 400% rise in active user addresses this week. Dogecoin is ranked #1 in…

Key Takeaways: Zero-cost migrations shift liquidity in-house, streamlining token launches and redistributing fee revenues. Enhanced creator incentives and revenue-sharing could redefine funding and growth in Solana’s memecoin sphere. Traditional platforms face a competitive shakeup, pushing them to rethink fee structures and user engagement strategies. Pump.fun, the Solana-based meme coin launchpad, has officially launched its own decentralized exchange (DEX), PumpSwap. Tokens that complete their bonding curve on Pump.fun will now migrate directly to PumpSwap instead of relying on external liquidity pools like Raydium. The new platform seeks to provide a more frictionless trading environment, cutting out previous inefficiencies and high migration…

DOGE was at a crucial juncture, with the $0.20 resistance level in focus. This price movement is drawing parallels to the 2017 bull cycle. With a 32.25% spike in volume across the memecoin market, Dogecoin [DOGE] has surged 5%, now nearing the key $0.20 resistance level. This price action is drawing strong parallels to the 2017 bull cycle, as traders anticipate a potential breakout. A strong push above $0.20 could ignite a rally, while failure to hold this level might trigger a pullback.  Back in 2017, DOGE experienced a 115-day pause between two explosive pumps, ultimately surging 112% by year-end. …