Author: Yeek.io

Bitcoin dropped below $80,000, landing at $79,856—a nearly 3% slide since Tuesday. It’s been a rough ride lately, with the crypto losing 35% of its value in just three months. The broader crypto market isn’t faring much better, shedding $1.3 trillion since its December 2024 peak.Trump’s words suggested he’s okay with short-term pain if it means big reforms down the road. But that’s cold comfort for traders right now. The Federal Reserve’s recent warnings about a possible recession only made things worse. Wall Street’s feeling it too—the S&P 500 has lost $5 trillion in just 13 days.Risky investments are getting…

Clearstream plans to offer Bitcoin and Ether custody and settlement services to its 2,500 institutional clients starting April. Clearstream, the central securities depository arm of Deutsche Börse Group, will launch cryptocurrency custody and settlement services for institutional clients starting April, Bloomberg reports, citing executive at the company. The Luxembourg-headquartered depository will initially support Bitcoin (BTC) and Ethereum (ETH), with plans to expand into other cryptocurrencies and services like staking, lending, and brokerage. According to the report, Clearstream’s 2,500 clients will be able to access these services through their accounts with Clearstream Banking SA, while the offering itself will be facilitated…

Changpeng Zhao (CZ), the founder of Binance, is stepping into new territory beyond cryptocurrency. He recently launched Giggle Academy, a non-profit education platform designed to make learning fun and accessible. At the same time, he introduced Pay-to-Reach, a concept that could reshape online communication by filtering valuable connections. Both initiatives reflect CZ’s evolving vision and his focus on creating real-world impact.Pay-to-Reach: A New Approach to Meaningful CommunicationSource: CZ’s Binance SquareIn the digital age, communication is easier than ever, but it also comes with challenges. Social media platforms like LinkedIn and X allow users to connect instantly, but this low barrier…

Homepage > News > Business > How Elon Musk is hacking bureaucracy with DOGE This post is a guest contribution by George Siosi Samuels, managing director at Faiā. See how Faiā is committed to staying at the forefront of technological advancements here. Elon Musk has a long history of hacking slow-moving, bureaucratic systems—whether it’s SpaceX competing with the National Aeronautics and Space Administration (NASA), Tesla (NASDAQ: TSLA) disrupting legacy automakers, or Twitter/X taking on media institutions. Now, he’s using the Department of Governmental Efficiency (DOGE) in a way that’s less about digital currency speculation and more about weaponizing memes, decentralization, and…

United States Senator Bill Hagerty has introduced an updated version of the Guiding and Establishing National Innovation for US Stablecoins Act ahead of a key Senate Banking Committee vote on March 13. According to a March 10 announcement, the revised bill strengthens regulatory standards for stablecoin issuers, refining rules on consumer protections, reserve requirements, and oversight.  One of the biggest shifts is its tougher stance on non-US stablecoin issuers, imposing what Web3 app founder Dom Kwok, in a March 11 X post, described as “extra high standards” for reserves, liquidity, and compliance checks. This move is expected to give US-based…

SHIB’ s price broke the ascending trendline that had held its price action since the crash on 5 August Altcoin’s active accounts number per period dropped while the number of new transactions has been flat since mid-February Shiba Inu’s [SHIB] price broke the ascending trendline that had held its price action since the 5 August crash. Owing to the same, the second largest memecoin now might be poised for more dips to perhaps to its Q1 2024 lows. The uptrend line, which supported the price between $0.00001095 and $0.00003315, dipped to the press time $0.00001160-level. The $0.00000837-low from Q1 2024…

Global investment firm VanEck registered an Avalanche exchange-traded fund (ETF) in the United States, hinting at a forthcoming filing for a spot AVAX ETF.VanEck, on March 10, registered a new cryptocurrency investment product called VanEck Avalanche ETF in Delaware, according to public records on the official Delaware state website.Similar to other crypto ETF filings by VanEck, the potential new product under filing number 10125689 was registered as a trust corporate service company in Delaware.VanEck Avalanche ETF registration in Delaware. Source: Delaware.govThe filing comes amid a major market sell-off, with Avalanche (AVAX) dropping 55% year-to-date, while Bitcoin (BTC) is down around 17% in…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. WhiteRock’s XRPL-powered testnet has shown strong performance, drawing attention ahead of its live launch and upcoming AMA on March 11. WhiteRock’s recent testnet, conducted through its integration with XRPL, has delivered strong results. The testnet recorded a network latency of 4.2 milliseconds and $324.5 million in 24-hour market activity. To discuss this XRPL integration and answer the public’s questions, WhiteRock has organized a LIVE AMA with its founder Maxime Pizzolitto on March 11 at 12 pm (EST). WhiteRock is…

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. The crypto market is experiencing a significant downturn this week, driven by growing concerns over a potential trade war and disappointment surrounding the US government’s crypto reserve plans. A recent interview with President Donald Trump, in which he hinted…

A proposed rule change pushing for some crypto firms to register as exchanges could be abandoned under a new directive from the acting chairman of the US Securities and Exchange Commission. During a March 10 speech at the Washington Conference of the Institute of International Bankers, acting SEC Chairman Mark Uyeda said he had “asked SEC staff for options on abandoning” part of the proposed changes that would expand regulation of alternative trading systems (ATSs) to include crypto firms.“In light of the significant negative public comment received on the definition of exchange with respect to crypto, I have asked SEC staff…