Author: Yeek.io
Texas state lawmakers have introduced a second Bitcoin reserve bill that would allow the state Comptroller to invest up to $250 million in Bitcoin or other cryptocurrencies. On March 11, a document on the Texas state government site reveals another Bitcoin (BTC) reserve bill, HB 4258, has entered the ring. This is the second Bitcoin reserve bill to be introduced in the state, following Senate Bill 778, which is currently being reviewed by the House after passing a majority vote in the Senate. Unlike the first bill, HB 4258 would grant the Comptroller, Texas’ chief accountant and financial watchdog, the…
BNB Chain sets the 20th of March for the Pascal Hardfork to boost Ethereum compatibility on its mainnet. Binance has introduced a community co-governance model that allows users to vote on token listings and delistings. Binance Chain has set the Pascal Hardfork for the 20th of March, which allows Ethereum [ETH] compatibility on mainnet. After a successful testnet, Ethereum’s EIP-7702 enables smart contract wallets to function with gasless transactions, batch approvals, and multi-signature support. These aim to improve the user experience and easier onboarding to Web3 through support for dApps to pay for gas fees. BNB Chain on X (formerly…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows the cryptocurrency derivatives market has witnessed a mass liquidation event as Bitcoin and other digital assets have plunged. Crypto Liquidations Have Exceeded $680 Million In Last 24 Hours According to data from CoinGlass, a large amount of liquidations have occurred on the derivatives platforms during the past day. “Liquidation” here refers to the forceful closure that any open contract has to go through after it has amassed losses of a certain degree (the exact value of which may depend on the exchange). Here is a…
Solana network revenue and total value locked onchain have collapsed in the past two months as interest in memecoins has continued to taper off. Weekly network revenue on the Solana blockchain hit a record high of $55.3 million in mid-January amid the height of the memecoin minting frenzy. However, revenue has since tanked 93% to around $4 million in the past week, back to levels not seen since September, according to DefiLlama data. Solana weekly decentralized application (DApp) revenue has also slumped around 86% from $238 million in mid-January to $32 million for the past week. Meanwhile, DeFi total value locked on Solana has…
Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Pudgy Penguins 586.67 ETH 68 ethereum View 2 Uniswap v4 Positions NFT 514.09 ETH 18 ethereum View 3 Bored Ape Yacht Club 344.29 ETH 27 ethereum View 4 Milady Maker 275.02 ETH 84 ethereum View 5 Fluid Vault 210.61 ETH 9 ethereum View 6 Doodles 189.22 ETH 69 ethereum View 7 CryptoPunks 159.49 ETH 4 ethereum View 8 Lil Pudgys 122.20 ETH 131 ethereum View 9 Azuki Elementals 110.45 ETH 93 ethereum View 10 SMB Gen2 0.00 ETH 58…
Ozean, a blockchain for Real-World Assets (RWA) yield launched by Clearpool, is joining forces with First Digital, a Hong Kong-based group offering global multi-asset custodial, trust, payments and stablecoin solutions, as part of WakeMaker, Ozean’s accelerator programme.Following the partnership, the accelerator programme will provide projects on Ozean access to First Digital’s licensed digital asset custody and the First Digital USD (FDUSD) stablecoin ecosystem.WaveMaker offers an end-to-end solution for tokenising RWAs by streamlining the process with expert support and guidance. It fosters an ecosystem of issuers, investors, and service providers to promote liquidity, accessibility, and capital efficiency.First Digital Labs is building…
A controversial rule that expanded the definition of exchanges to include crypto firms may be abandoned as U.S. Securities and Exchange Commission Acting Chairman Mark Uyeda calls for a reassessment. The regulation in question is a 2020 rule originally designed to refine oversight of Alternative Trading Systems but was later broadened under former SEC Chair Gary Gensler to cover crypto platforms. Speaking at the Institute of International Bankers’ Washington Conference on March 10, Uyeda said the rule’s expansion was a mistake and has asked SEC staff to explore dropping the crypto-related provisions. Uyeda explained that the rule was initially meant…
Despite recent market volatility, TRUMP could be poised for a price uptrend in the long term. Technical analysis signaled a bullish reversal, and a move past $11.50 could trigger a rally toward $17.95. Official Trump’s [TRUMP] has surged in trading volume despite the crypto market crash and price fluctuations. TRUMP surged 70.74% in trading volume and was trading at $11.33 per CoinMarketCap data, at press time. With the market facing bearish pressure, traders question whether TRUMP’s successful breakout could start its uptrend rally. TRUMP’s breakout on the chart After prolonged bearish momentum, TRUMP tested and bounced off the $10.23-$10.50 demand…
Solana network revenue and total value locked onchain have collapsed in the past two months as interest in memecoins has continued to taper off. Weekly network revenue on the Solana blockchain hit a record high of $55.3 million in mid-January amid the height of the memecoin minting frenzy. However, revenue has since tanked 93% to around $4 million in the past week, back to levels not seen since September, according to DefiLlama data. Solana weekly decentralized application (DApp) revenue has also slumped around 86% from $238 million in mid-January to $32 million for the past week. Meanwhile, DeFi total value locked on Solana has…
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’s price has continued its downward trend, struggling to regain momentum after reaching its all-time high of $109,000 in January. Over the past week, Bitcoin has declined by 14.6%, with its price dropping an additional 4.4% in the last…