Author: Yeek.io

The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds.In a slew of filings on March 11, the agency said it has “designated a longer period”  to decide on the proposed rule changes that would allow the ETFs to proceed.Among the affected ETFs are Grayscale’s XRP (XRP) and Cboe BZX Exchange’s spot Solana (SOL) ETF filings, with the decisions on them pushed until May.The SEC has delayed making a decision to approve several altcoin ETFs. Source: SECBloomberg ETF analyst James Seyffart said in a March 11 X post that while…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows that Bitcoin miner exchange inflows have shot up recently, something that could extend BTC’s price drawdown. Bitcoin Miner To Exchange Flow Metric Has Seen A Spike As pointed out by an analyst in a CryptoQuant Quicktake post, miners are upping their selling pressure. The on-chain indicator of relevance here is the “Miner to Exchange Flow,” which, as its name implies, keeps track of the total amount of Bitcoin moving from the miner entities to exchange-associated wallets. When the value of this metric is high,…

Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn’t ruling out that Bitcoin could slide to $70,000.Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss realization and a moderate capitulation event.”Short-term holders fled as Bitcoin dropped from peakThe surge in buyers paying higher prices for Bitcoin (BTC) in recent months is reflected in the short-term holder realized price — the average purchase price for those holding Bitcoin for less than 155…

Homepage > News > Business > Namibia defies IMF’s report, presses on with CBDC project Namibia is marching on with its retail central bank digital currency (CBDC) project despite skepticism from the International Monetary Fund (IMF), which called on the country to explore other digital finance options. The Bank of Namibia (BoN)’s director for international relations, Kazembire Zemburuka, revealed this week that the bank is in the “preparation phase” of the digital Namibian dollar project. It primarily targets financial inclusion and improving cross-border payments with the CBDC. BoN is currently exploring whether Namibians would embrace retail and wholesale CBDCs, the challenges and risks they…

Lawmakers in the United States have voted to scrap the Internal Revenue Service’s controversial rule that would have forced decentralized finance platforms to report user transactions. The motion against the IRS DeFi broker rule saw bipartisan support, with the U.S. House of Representatives voting 292-132 in favor of repealing the rule on March 11. While all 132 opposing votes came from Democrats, 76 from the party crossed the aisle to join Republicans in backing the repeal. The DeFi broker rule would have required decentralized exchanges and other DeFi platforms to report transaction details, including user information and gross proceeds from…

Sony’s Soneium blockchain is partnering with LINE to bring four mini-apps on-chain in the next few months, in hopes of expanding web3 adoption among the social platform’s users. According to a press release sent to crypto.news, Soneium is preparing to launch a series of mini-apps on LINE in the next few months. This collaboration opens up new opportunities for web3 expansion, especially in regions where LINE is the dominant digital platform. By bringing blockchain-powered applications to LINE, Soneium hopes to simplify access to popular web3 gaming apps for users through a seamless integration. The firm hopes to onboard new users…

TRX whales are moving large amounts, indicating potential volatility in the market TRX has been testing critical support levels recently, with a balanced market between bulls and bears A massive transfer of 92.9 million TRX, valued at approximately $21.4 million, has been moved from an unknown wallet to Binance. Such significant transactions typically signal upcoming volatility, which could influence the TRON [TRX] market in the near future.  At the time of writing, TRX was trading at $0.2242, following a 3.07% fall over the last 24 hours. The market is now on alert, with investors closely watching to see if this…

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 price started a fresh decline below the $86,000 zone. BTC is now correcting losses and might struggle near the $84,000 and $85,000 levels. Bitcoin started a fresh decline below the $85,000 zone. The price is trading below $84,000…

Bitcoin continues to face challenges in regaining upward momentum, with the cryptocurrency still trading below $82,000 as of today. The asset remains 25.1% below its all-time high of $109,000, recorded in January. Over the past 24 hours, BTC has seen an additional 0.7% decline, reflecting ongoing market hesitation and uncertainty among investors. Amid this price performance, CryptoQuant analyst Avocado Onchain has identified a notable trend in Bitcoin’s price channel. Bitcoin Coinbase Premium and Market Sentiment Despite Bitcoin’s downward trajectory, the Coinbase premium has been forming higher lows, indicating potential underlying demand. However, the CryptoQuant analyst warns that no clear signals…

After hosting its first crypto summit last Friday, the Trump administration has confirmed that it will not organize another large-scale event of this kind. Instead, the White House will focus on smaller, more specialized meetings to discuss specific issues within the crypto industry.The White House Crypto Summit: A Landmark Event with Notable StatementsThe first-ever White House crypto meeting under President Donald Trump will take place on Friday, bringing together top industry leaders. This event replaces an earlier plan to establish a permanent “crypto council,” which was scrapped due to internal conflicts within the industry.An anonymous source called the decision to…