Author: Yeek.io

Bitcoin (BTC) shrugged off gains at the March 13 Wall Street open as US inflation markers continued to fall.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewGood news is bad news? Bitcoin follows stocks lowerData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $81,500, down 2.3% on the day.The February print of the Producer Price Index (PPI) came in below median expectations, copying the Consumer Price Index (CPI) results from the day prior.“On an unadjusted basis, the index for final demand advanced 3.2 percent for the 12 months ended in February,” an accompanying press release from the US Bureau of Labor Statistics (BLS) stated.“In…

Bitcoin (BTC) shrugged off gains at the March 13 Wall Street open as US inflation markers continued to fall.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewGood news is bad news? Bitcoin follows stocks lowerData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $81,500, down 2.3% on the day.The February print of the Producer Price Index (PPI) came in below median expectations, copying the Consumer Price Index (CPI) results from the day prior.“On an unadjusted basis, the index for final demand advanced 3.2 percent for the 12 months ended in February,” an accompanying press release from the US Bureau of Labor Statistics (BLS) stated.“In…

Bitcoin-based digital collectible project Taproot Wizards has confirmed its official mint to take place on March 25 with only 2,121 inscriptions available.Over the past two years, Taproot Wizards has cultivated a community through interactive events and challenges. These activities have contributed to the project’s visibility, particularly after its role in the creation of the first 4MB block on the Bitcoin blockchain.The minting process will involve whitelisted participants, holders of specific assets, and a Dutch auction for remaining inscriptions. Due to the exclusivity of the collection, prospective buyers are advised to prepare ahead of the final eligibility confirmation date on March…

Homepage > News > Business > Coinbase ‘registers’ in India; plans retail services United States-based Coinbase (NASDAQ: COIN), one of the world’s largest digital asset exchanges, has registered with India’s Financial Intelligence Unit (FIU), enabling the exchange to offer “cryptocurrency trading services” in the country in a compliant way. The exchange plans to launch its initial retail services later this year, followed by additional investment and products in India thereafter. “We’re committed to building in markets that believe in the potential of crypto and onchain innovation,” John O’Loghlen, regional managing director for APAC at Coinbase, said in a blog post. “India represents one of the most…

1inch has teamed up with Linea in a mutually beneficial partnership, with 1inch users gaining access to more liquidity and Linea benefiting from better swap rates on DEXes, among other things. 1inch, a decentralized exchange aggregator powering 100 million trades and $500 billion in volume, has partnered with Linea, a fast and low-cost zkEVM layer 2 blockchain developed by ConsenSys. The new partnership will give 1inch users access to liquidity from decentralized exchanges built on Linea, up to 16.6x lower transaction fees, and 6x faster processing speed compared to Ethereum (ETH). As for Linea users, they will be able to…

Fidelity is seeking the SEC’s permission for staking on its ETF ETFs ETF staking could offer an extra 3% yield to investors.  Fidelity, through the CBOE exchange, has filed an application with the SEC, seeking permission on staking provision for its Ethereum [ETH] ETF product. This, after a similar application by 21Shares and Grayscale in February, marking growing optimism around potential staking features in U.S spot ETH ETFs.  The products launched last summer now have about $7 billion in total net assets just locked in custody accounts. These assets could generate extra yield if staked – Delegating part of ETH…

The Trump family has discussed acquiring a stake in Binance.US, the American subsidiary of Binance, the world’s largest cryptocurrency exchange. These negotiations come as Binance founder Changpeng Zhao, known as CZ, seeks a presidential pardon following his guilty plea in 2023 for violating anti-money-laundering laws, according to The Wall Street Journal. The talks reportedly began after Binance reached out to Trump’s allies last year, looking to reestablish a presence in the U.S. market.  The potential deal could involve the Trump family directly or be conducted through World Liberty Financial, a Trump-backed cryptocurrency venture launched in September. However, it remains unclear…

Whales Drive PEPE’s RiseLarge investors, known as whales, have been scooping up PEPE, fueling its surge. On-chain tracker Lookonchain revealed that three whale wallets recently bought nearly 690 billion PEPE, worth around $5 million. The biggest buyer, wallet 0x7A7D, alone spent $2.72 million on 437.7 billion PEPE.The purchases have not only raised questions about the source of the funds but have also increased market excitement. Trading volume for PEPE has jumped 18% in the past day, reaching $1.05 billion. When both price and volume rise, it usually signals strong demand and growing investor interest, possibly driven by fear of missing…

Quick take: The company already has approval to offer various crypto services in Singapore, Ireland, and multiple U.S. states. Overall Ripple has received regulatory approval from over 60 regulatory authorities with the Middle East accounting for 20% of its global customer base. The company plans to use its real-time settlement infrastructure to drive stablecoin adoption in the UAE. Ripple has received a license from the Dubai Financial Services Authority (DFSA) to provide crypto payments and services in the United Arab Emirates. The approval makes Ripple the first blockchain-enabled payments provider licensed by the Authority. Commenting on the announcement, Brad Garlinghouse,…

The latest episode of Hashing It Out dives into one of Web3’s most persistent challenges: usability. Host Elisha Owusu Akyaw speaks with Moe El-Shibib and Selim Sezgin, co-founders of Ponder One, about the hurdles preventing mainstream adoption and the technologies that could make blockchain interactions seamless for everyday users.The UX RoadblockWeb3 continues to grow, but usability remains a major barrier. Many users struggle with onboarding, navigating DeFi platforms and managing assets across multiple chains. In the interview, Sezgin highlights that technical innovation has outpaced user experience, making blockchain interactions complex for newcomers.“While technical innovation has been a driving force, usability…