Author: Yeek.io

Bitcoin (BTC) has risen back above the 200-day simple moving average ($83,754), indicating that the bulls are attempting a comeback. The failure of the bears to capitalize on the drop below the 200-day SMA shows that selling dries up at lower levels.However, Bitcoin may not be out of the woods yet. Crypto analyst Matthew Hyland said in a video posted to X that Bitcoin needs a weekly close above $89,000 to confirm a bottom. A move above $89,000 could liquidate roughly $1.60 billion in short positions, according to CoinGlass data. If that does not happen, Hyland warns that Bitcoin will…

Shiba Inu’s price has crashed into a bear market this year, wiping out $12 billion as its market cap dropped to $7.4 billion. Shiba Inu (SHIB) retreat happened as Bitcoin (BTC) and other meme coins amid concerns about a potential self-inflicted recession in the U.S. There are signs that the ongoing SHIB price crash may be nearing its end. First, the amount of SHIB coins being burned has surged in recent weeks. According to ShibBurn, the burn rate jumped by over 62,000% in the last 24 hours. The surge in the burn rate was driven by a single user who…

1. AptosSector: Layer-1 BlockchainFounded: 2021Aptos is a high-speed layer-1 blockchain designed for scalability, security, and decentralization. It uses the Move programming language to improve performance. Aptos aims to provide faster transactions and a better developer experience than older blockchains.The company has raised $400 million to support its vision. Avery Ching, now CEO, leads the company toward its next phase of growth.Why Watch?Aptos could compete with Ethereum and Solana by offering fast transactions and improved scalability. It’s a strong contender for dApps and DeFi development.2. LayerZeroSector: Cross-Chain InteroperabilityFounded: 2020LayerZero is building a blockchain protocol for seamless cross-chain communication. Its decentralized interoperability…

Ripple gained approval from the Dubai Financial Services Authority to offer regulated crypto payments and services in the UAE. This marks Ripple as the first blockchain-enabled payments provider licensed by the agency and strengthens Ripple’s presence around the world.Ripple received the approval from DFSAOn Thursday, Ripple, a leading digital asset infrastructure, received in-principle approval from the Dubai Financial Services Authority (DFSA). This allows Ripple to expand its services from the Dubai International Financial Centre (DIFC) and the Middle East (UAE) area as well. As a result, this milestone strengthens Ripple’s global presence as a regulated entity. It also enables the…

Homepage > News > Business > Nebraska governor signs bill to regulate digital asset ATMs On March 12, the Republican governor of Nebraska, Jim Pillen, signed legislation to protect against digital asset fraud, particularly in relation to digital asset ATMs. The bill, titled LB 609, was introduced on January 22 by Nebraska State Senator Eliot Bostar. The bipartisan and “law-enforcement-supported” legislation establishes the ‘Controllable Electronic Record Fraud Prevention Act’ to help combat fraud and protect users of digital asset kiosks and ATMs. “Cryptocurrency is an important, emerging industry — and we’ve been working hard to build Nebraska into a cryptocurrency leader,” said Governor…

Solana has seen a significant decline in trading volume, with the same falling to its lowest level of 2024 On the charts, SOL might be at the risk of dropping lower, especially if total value locked (TVL) falls further Over the past month, Solana’s price has exhibited some sluggish market performance, dropping by 36% on the charts. At the time of writing, martket sentiment seemed to be hinting at a further decline as more sellers stepped in. An analysis of liquidity movement revealed a hike in SOL outflows over the past month. This is a trend that appears to be…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A federal jury has convicted Rowland Marcus Andrade, the creator of AML Bitcoin, on charges of wire fraud and money laundering. The verdict was delivered after a five-week trial in a case that exposed false claims about the cryptocurrency and its supposed technological capabilities. Andrade, 47, now faces up to 30 years in prison. AML Bitcoin: False Claims And Misleading Investors Prosecutors revealed that Rowland Marcus Andrade made false statements about AML Bitcoin’s development, business partnerships, and its future use. He claimed that the Panama Canal Authority…

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. Although it may seem like crypto dominated world markets for the better portion of the last half year, it’s actually the artificial intelligence industry that took home a significantly large proportion of institutional funding. According to Pitchbook, crypto venture…

Ethereum’s vision appears to be so messy that it leaves EVM changes in limbo, says a former Ethereum Foundation engineer. Frustrated by the lack of direction and stalled progress in Ethereum’s development, a former Solidity expert and compiler engineer claims there is a “lack of a clear and cohesive vision” for Ethereum (ETH) and the Ethereum Virtual Machine, making progress in the latter “impossible.” This is why I left the Ethereum Foundation.There is a lack of a clear and cohesive vision for Ethereum and EVM, making progress in EVM impossible.I’ve seen EVM changes repeatedly shut down because they don’t check…

The Karrat Foundation has announced a partnership with the Arbitrum Foundation to launch Studio Chain, a blockchain network designed for gaming and entertainment.Built on Arbitrum’s Ethereum layer-2 scaling technology, Studio Chain will integrate blockchain elements into video games, with My Pet Hooligan as its flagship title.The collaboration aims to introduce web3 capabilities to gaming, allowing players to engage with digital assets and transactions within a structured ecosystem. Source: My Pet HooliganWhat is My Pet Hooligan?My Pet Hooligan is a multiplayer action game developed by AMGI Studios. It combines battle royale-style combat with interactive storytelling, allowing players to engage in dynamic…