Author: Yeek.io

Ethereum price continued its strong downward trend against the US dollar and Bitcoin as its linear weekly futures moved into backwardation. Ethereum (ETH) crashed to 0.023 against Bitcoin (BTC), its lowest level since May 2020 and 74% below its highest level during the pandemic.  Similarly, the coin dropped to a low of $1,770, its lowest point since October 2023, and 57% from its highest level in December of last year.  The ongoing Ethereum price crash is attributed to several factors like the ongoing ETF outflows, increased competition from layer-1 and layer-2 networks, and the fact that it is no longer…

Quick take: The acquisition follows MoonPay’s recent purchase of crypto payments processing infrastructure provider Helio in January. Iron’s purchase allows MoonPay to offer stablecoin payments to enterprises, whilst unlocking “instant, low-cost, and borderless transactions.” Iron’s developer-first APIs allow companies to move money in real-time, manage multi-currency treasuries, and generate new revenue streams from yield-bearing assets like U.S. treasuries. MoonPay has announced the multi-million dollar acquisition of API-driven stablecoin infrastructure platform Iron. According to reports on Thursday, the deal is worth at least $100 million, making it the second major acquisition by the crypto payments firm over the past two months.…

Homepage > News > Finance > EU banking regulator seeks public feedback on AML, CFT rules The European Banking Authority (EBA), an independent regulatory body focusing on financial stability across the European Union’s banking sector, has launched a public consultation on new anti-money laundering (AML) and countering the financing of terrorism (CFT) rules. The consultation, announced on March 6, seeks feedback on four draft Regulatory Technical Standards (RTS) that will be part of the EBA’s response to a ‘call for advice’ it received from the EU’s executive arm, the European Commission, last Spring. On May 30, 2024, the EU adopted its package of new AML/CFT rules, which included extending AML…

The Dogecoin (DOGE) network activity has experienced substantial growth during the previous month suggesting growing interest in this cryptocurrency. The Dogecoin network active addresses grew 47% based on Glassnode data which now stands at 163,000 following a rise from an initial 110,000 count. Market dynamics along with anticipated rise in activity demonstrate positive market prospects for the meme-based cryptocurrency system. According to Crypto Analyst Ali Martinez, This chart presents Dogecoin active addresses data that demonstrates an upward trend along with its price movement line. The rising volume during the last weeks coincided with growing number of active addresses in the…

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. A popular meme coin has shown signs of recovery as it entered bullish territory with analysts showing optimism for the future of the crypto in the upcoming months. Analysts predict that Dogecoin’s current momentum will push it to a possible…

The US Department of Justice (DOJ) indicted Besciokov and his co-founder, Aleksandr Mira Serda, on March 7. Authorities accuse them of violating US sanctions, running an unlicensed money transfer business, and laundering money through the exchange. The US is now seeking Besciokov’s extradition to Virginia for trial.In a coordinated move, the US Secret Service, along with Germany and Finland, seized three Garantex domains and froze $28 million in cryptocurrency. Authorities claim Besciokov, as Garantex’s technical administrator, knowingly processed transactions linked to cybercriminals, including North Korea’s Lazarus Group.Garantex, a Russian cryptocurrency exchange, has been under US and EU sanctions since 2022.…

Dubai, United Arab Emirates, March 13th, 2025, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, recently celebrated the second anniversary of the Bybit Card, a digital native solution for the borderless crypto community, at an event at Bybit’s Dubai headquarters on Mar. 7. Since its launch in Sep. 2023, the Bybit Card has rapidly become one of the fastest-growing cryptocurrency payment solutions worldwide, with over 1.5 million cards issued globally. During the event, Bybit announced new product innovations, market expansion plans, and user experience upgrades including: The upcoming launch of a customizable, limited-edition Premium Metal Card for selected…

Opinion by: Slava Demchuk, co-founder and CEO of AMLBotAll virtual asset service providers (VASPs) registered in the EU before 2025 must comply with Markets in Crypto-Assets Regulation (MiCA) requirements this year. Not all will be able to do so. The MiCA regulation is, in essence, a good legal framework for the crypto industry, but it also has some disadvantages, especially for crypto startups and small businesses. Looking at the case of Estonia and its implementation of crypto licenses in 2017, it is possible to predict that around 75% of VASPs will need to cease their operations in the EU. What happened in Estonia…

Decentralized finance protocol Compound is marching ahead with plans to tap into its competitor Morpho with the launch of new lending vaults on Polygon. The new vaults went live on March 13 at 11:30 a.m. Eastern Time. It comes after a governance proposal aimed at bringing Morpho (MORPHO)-powered vaults to Polygon (POL). Gauntlet and Compound (COMP) are launching the new lending vaults with $3 million in incentives – $1.5 million each from Compound and Polygon. While this move has already been a major talking point for COMP holders and the broader DeFi community, the announcement signals a significant shift in…

Solana (SOL) price completed a “death cross” on the one-day chart on March 12, as the altcoin consolidated near its long-term support level at $125. This could potentially accelerate the SOL price sell-off in the near term for a drop below $100 for the first time since February 2024. Solana’s 1-day chart. Source: Cointelegraph/TradingViewA death cross occurs when a bearish crossover occurs between the 50-day and 200-day simple moving averages (SMAs), with the long-term indicator above the short-term indicator. Last month, the 50-day and 200-day exponential moving averages (EMAs) triggered a death cross on Solana’s one-day chart, after which prices…