Author: Yeek.io

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. Bitcoin is not the only one that has suffered. Investors are becoming concerned as the flagship cryptocurrency has followed the recent decline in the S&P 500. But if past performance is any indication, Bitcoin might be experiencing a resurgence.…

A Delaware court has granted a temporary reprieve to a Pennsylvanian Bitcoin mining firm currently in a payment dispute with its hosting company — barring the hosting provider from blocking access and otherwise commandeering the miner’s 21,000 rigs at the property. Vice Chancellor Morgan Zurn granted a temporary restraining order on March 12, requested by Bitcoin miner Consensus Colocation and systems owner Stone Ridge Ventures against Mawson Hosting, which provides hosting and colocation services for Bitcoin miners. The firms have been in disagreement over alleged unpaid fees, the terms of their agreement and Consensus’ plan to relocate, allegedly leading to Mawson blocking the…

A proposal to dramatically change Solana’s inflation system has been rejected by stakeholders but is being hailed as a victory for the network’s governance process.“Even though our proposal was technically defeated by the vote, this was a major victory for the Solana ecosystem and its governance process,” commented Multicoin Capital co-founder Tushar Jain on March 14.Around 74% of the staked supply voted on proposal SIMD-228 across 910 validators, but just 43.6% voted in favor of it, with 27.4% voting against it and 3.3% abstaining, according to Dune Analytics. It needed 66.67% approval from participating votes to pass and only received 61.4%.Jain…

The Arkansas Cryptomining Association is suing two Arkansas state officials, arguing that they enforced an unconstitutional and discriminatory state rule prohibiting foreign-born American citizens from engaging in crypto-mining activities, among other things.The complaint was made against Arkansas Attorney General Tim Griffin and the director of the Arkansas Oil and Gas Commission, Lawrence Bengal, on March 13 in the US District Court Eastern District of Arkansas. It follows a federal court ruling last November that temporarily barred Arkansas from preventing a naturalized US citizen of Chinese descent from operating a crypto mining business.The Arkansas state rules concerned are “Rule K” and “Act…

A Delaware court has granted a temporary reprieve to a Pennsylvanian Bitcoin mining firm currently in a payment dispute with its hosting company — barring the hosting provider from blocking access and otherwise commandeering the miner’s 21,000 rigs at the property. Vice Chancellor Morgan Zurn granted a temporary restraining order on March 12, requested by Bitcoin miner Consensus Colocation and systems owner Stone Ridge Ventures against Mawson Hosting, which provides hosting and colocation services for Bitcoin miners. The firms have been in disagreement over alleged unpaid fees, the terms of their agreement and Consensus’ plan to relocate, allegedly leading to Mawson blocking the…

Homepage > News > Finance > Iraq eyes CBDC launch; Israel crafts digital shekel design Iraq has signaled an intention to join the race for a central bank digital currency (CBDC), beginning with a series of experiments aimed at enhancing its payments ecosystem. The digital dinar will complement existing payment options while operating similarly to cash. Iraqi Prime Minister Muzhir Mohammad Saleh’s financial advisor confirmed the government’s plan to roll out a retail CBDC for the country. Saleh said the Central Bank of Iraq (CBI) will spearhead the design of the digital dinar with the intention of harnessing a range…

SHIB’s price is down 25.3% in a month, with Open Interest and whale transactions seeing significant declines. Technical indicators suggest a possible short-term bounce, but lack of whale accumulation raises concerns. Alongside the bearishness in the broader crypto market, Shiba Inu’s [SHIB] price has been on a consistent decline in recent weeks. However, the asset saw an uptick of 0.3% in the past day, rising to $0.00001226 as of press time.  On a larger scale, though, SHIB was still in a downtrend. For instance, over the past week, the memecoin has plunged by 9.4% and even a 25.3% decrease in…

FTX unstaked and offloaded another $22.9 million SOL to different addresses.  So far in March, SOL has seen about $400M in outflows per Coinglass data.   FTX/Alameda offloaded another 185,345 Solana [SOL] ($22.9M) tranche, raising sell-off fears. According to blockchain analytics platform Spot On Chain, the defunct exchange moved the SOL to 38 wallets for distribution, which is part of its monthly unloading.  Source: Spot On Chain The bankrupt exchange still had 5.5 million SOL (worth $696M) staked. Since November 2023, the firm has unloaded about $1B of SOL, added Spot On Chain.  On the 4th of March, FTX unstaked and…

Bitcoin’s price outlook is improving as stablecoin liquidity surges, with USDT market cap expanding by $5.75 billion in the past 60 days. According to CryptoQuant’s Mar. 13 post on X, this increase surpasses its 60-day simple moving average of $3.46 billion. The stablecoin market has also exploded, rising 11% from $203.9 billion to $226.1 billion in the same time frame. Such stablecoin inflows have historically signaled the entry of new liquidity in the cryptocurrency market, frequently paving the way for Bitcoin (BTC) price rebounds. USDT market cap is expanding fast.More liquidity is entering crypto—a trend historically linked to higher Bitcoin…

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. Crypto analyst CW23 has revealed that the XRP price is hinting at a symmetrical triangle, which provides a bullish outlook for the crypto. However, he warned that a price crash could occur before XRP breaks out of this triangle…