Author: Yeek.io
A bill tightening oversight on cryptocurrency ATMs to curb fraud has been signed into law in Nebraska. According to a March 12 press release from Nebraska Governor Jim Pillen, the new law, called the Controllable Electronic Record Fraud Prevention Act, introduces stricter licensing and reporting requirements for crypto ATM operators. It was introduced as a part of Legislative Bill 609, introduced by Senator Eliot Bostar on January 22. Companies running crypto ATMs must now be licensed under Nebraska’s Money Transmitters Act and get approval from the state’s Department of Banking and Finance before setting up machines. Further, the legislation also…
TRUMP has a bearish structure, but the bullish divergence could lead to a price bounce Consistent selling pressure recently meant recovery would be difficult and traders must be wary of going long Official Trump [TRUMP] has reversed from the $13.84 resistance level. In an analysis piece last week, AMBCrypto pointed out that the $14-level would likely rebuff the bulls and send the memecoin’s price further south. This has come to pass though, and the 23.6% extension level at $11.59 has recently been flipped to resistance. What’s next for TRUMP? TRUMP’s bullish divergence could see short-term gains Source: TRUMP/USDT on TradingView…
New addresses created on the ONDO blockchain network reached 4,559 after increasing by 390% during the 24-hour period up from its original 935 addresses. The massive increase demonstrates greater investor interest in ONDO cryptocurrency and potentially greater confidence among them. Crypto Analyst Ali Martinez has observed that the substantial rise in new addresses comes from various market conditions that likely fueled this surge. Experts examine potential causes linked to recent network updates combined with strategic business agreements and market-based announcements affecting these upward trends. When the number of new addresses in a blockchain increases the user base grows stronger and…
California Legislators have endorsed bitcoin nonprofit founder Dom Bei in his campaign for a seat on the board of the California Public Employees’ Retirement System (CalPERS). CalPERS oversees a massive $500 billion pension fund serving over 2 million public sector retirees. If elected, Bei would be the first openly pro-bitcoin voice on the 13-member board. Bei is a 16-year veteran firefighter who founded Proof of Workforce, a nonprofit providing bitcoin education to workers, unions and pension funds. He previously served on Santa Monica’s pension advisory board and played a key role in the city’s firefighters union, becoming one of the…
Bitcoin must close the week above $89,000 to signal an end to the short-term downtrend, says a crypto analyst.“The only way for Bitcoin to confirm that the bottom is actually in would be to close a weekly back above $89K,” crypto analyst Matthew Hyland said in a video posted to X on March 13. Without $89,000 close, Bitcoin may head toward $69,000Bitcoin (BTC) last traded at $89,000 on March 7, a level Hyland considers crucial since it was the support area where Bitcoin ultimately ended up “breaking down below.” After falling below $89,000, it dropped to $78,523 on March 11…
Hyperliquid is a decentralized perpetual futures trading platform with low fees and instant order matching. The best Hyperliquid referral code is “NFTE” to get a 4% lifetime discount on trading fees.This guide will explore what the Hyperliquid referral code is, its benefits, and how to use it to get rewards and trading fee rebates.What is Hyperliquid Referral Code?Hyperliquid referral code is a unique promo code, like “NFTE”, that you can use when signing up on the Hyperliquid platform. It gives you a 4% discount on trading fees for life, meaning every trade you make costs less forever. The exchange uses these…
Homepage > News > Finance > Vietnam pushes for ‘crypto’ adoption; Colombia eyes new bill Vietnam is set to introduce a digital asset legal framework this year as the country’s ruling party pushes for adoption. The push is led by Prime Minister Phạm Minh Chính, who called on the country to capitalize on blockchain and digital assets to achieve its ambitious national gross domestic product (GDP) growth rate target for 2025. Chính called on the Finance Ministry and the country’s central bank to submit the new proposals by the end of March. The premier’s order was followed up by the…
Onchain activity for Tether has hit a sixth-month high, possibly indicating traders are gearing up to jump back into the market, according to analysts. Data shared by the blockchain data platform Santiment in a March 12 X post shows Tether’s (USDT) onchain activity has been on the rise, peaking with over 143,000 wallets making transfers on March 11, the highest in six months.“When USDT & other stablecoin activity spikes during price drops, traders are preparing to buy. Added buy pressure aids in crypto prices recovering,” Santiment said.Onchain activity for Tethers USDT has spiked, reaching a sixth-month high. Source: SantimentIt comes as…
Ethereum’s value against Bitcoin has hit its lowest level since mid-2020, with a crypto trader suggesting that it might be time to shift into higher-performing altcoins.“If still stuck on ETH, it is likely a good time to dump it to buy a higher beta altcoin,” economist and crypto trader Alex Kruger said in a March 12 X post.ETH/BTC ratio is an altcoin season indicator“If the market goes down, you’ll likely lose equally in both cases, but if it goes up, you’ll likely outperform significantly and can then swap into BTC,” Kruger opined.The ETH/BTC ratio — which shows Ether’s relative strength…
Solana started a recovery wave above the $120 resistance zone. SOL price is now consolidating and might struggle to recover above the $132 resistance. SOL price started a fresh decline below the $150 and $140 levels against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a short-term rising channel forming with support at $124 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $132 zone. Solana Price Faces Resistance Solana price struggled to clear the…