Author: Yeek.io

Crypto exchange Gemini to file for initial public offeringGemini is reportedly mulling an initial public offering this year, with Goldman Sachs and Citigroup involved in the process.The exchange, founded by billionaire twins Cameron and Tyler Winklevoss, has not made a final decision about the details of the listing, according to a March 7 Bloomberg report, which cited people familiar with the matter.Gemini did not immediately respond to Cointelegraphs request for comment. This comes as the United States Securities and Exchange Commission closed its investigation into Gemini on Feb. 26, adding to a growing list of firms that have escaped the…

Ethereum’s price history reflected resilience in the latest percentage drawdown. The altcoin’s resilience hinged on navigating volatility, supported by the 2024 Dencun upgrade and ETF approvals. Ethereum [ETH] has long been a dominant force in the cryptocurrency market, demonstrating resilience through multiple market cycles. Despite extreme volatility, ETH has shown an ability to recover from steep declines, making it a crucial asset for traders and investors. Analyzing percentage drawdown from ATH chart Ethereum’s price history reflected resilience in the latest percentage drawdown. During the 2022 bear market following the FTX collapse, ETH saw a sharp -80% decline. However, as of…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin (BTC) market is showing an extended sideways movement with no significant price action over the past day. Notably, the premier cryptocurrency has lost all market gains from its sudden 11% price surge from last week returning to previous consolidation levels around $86,000. According to popular crypto analyst Burak Kesmeci, Bitcoin is now set between two important price levels wielding sufficient potential for a substantial price swing. Bitcoin Faces Make-Or-Break At $84k And $87k Liquidation Zones Using a liquidation heatmap, Burak Kesmeci has highlighted two critical…

A weakening US dollar could be bullish for Bitcoin, but two metrics could be cause for concern in the short term, according to Real Vision crypto analyst Jamie Coutts.“While my framework is turning bullish as the dollar plunges, two metrics still raise alarms: Treasury Bond volatility (MOVE Index) and Corporate Bond spreads,” said Coutts in a March 9 post on X.The analyst framed Bitcoin as a “game of chicken” with central banks, presenting a “cautiously bullish” outlook despite these concerning metrics.The US Dollar Index (DXY) has declined to a four-month low of 103.85 on March 10, according to Market Watch.…

Homepage > News > Business > Blockchain in gov’t expected to reach $791.5B market While private sector players are keen on utilizing blockchain technology, governments could be the biggest adopters of Web3, pushing the market capitalization to new highs. According to a Research and Markets report, the market capitalization for blockchain applications in government is expected to reach $791.5 billion by 2030. In 2024, the market size stands at a modest $22.5 billion, with the projection representing a compound annual growth rate (CAGR) of 81%. The spike in valuation for the sector will be driven by several factors including a…

The current price of Solana (SOL) is around $128.11, which shows the recent volatility in the market. Over the past 24 hours, SOL has seen a 6.58% decrease, indicating that short-term sellers have dominated trading sessions. This recent drop, combined with a 34.63% decline over the past 30 days, highlights a persistent bearish trend. Despite these setbacks, periods of high trading volume during recent sell-offs suggest that there is active participation by both retail and institutional traders. High volume can sometimes show a potential bottoming process if buyers begin to step in at attractive price levels. Solana Price Analysis At…

Crypto exchange Gemini to file for initial public offeringGemini is reportedly mulling an initial public offering this year, with Goldman Sachs and Citigroup involved in the process.The exchange, founded by billionaire twins Cameron and Tyler Winklevoss, has not made a final decision about the details of the listing, according to a March 7 Bloomberg report, which cited people familiar with the matter.Gemini did not immediately respond to Cointelegraphs request for comment. This comes as the United States Securities and Exchange Commission closed its investigation into Gemini on Feb. 26, adding to a growing list of firms that have escaped the…

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 from the $92,000 zone. BTC is back below $85,500 and might continue to move down below $80,000. Bitcoin started a fresh decline below the $85,000 zone. The price is trading below $85,000 and…

A centralized exchange, or CEX, is a digital marketplace where a single, centralized entity manages trades, user accounts, and custodial wallets. This setup simplifies the buying and selling of cryptocurrencies, making CEXs popular among newcomers seeking convenience.In this guide, we’ll explain what a CEX is, trace its origins, and outline the pros and cons of using one. Unlike peer-to-peer or decentralized platforms, CEXs handle transactions on behalf of users, verifying identities and storing funds in their own wallets.What is a CEX?A centralized exchange (CEX) is a platform where individuals can trade digital assets like Bitcoin or Ethereum using services provided…

The US Department of Housing and Urban Development is reportedly looking to experiment with using blockchain and a stablecoin for some of its functions.The department, whose duties include overseeing social housing, has so far discussed the possibility of using blockchain to monitor grants, ProPublica reported on March 7, citing a meeting recording, documents and three officials familiar with the matter. Also discussed was the idea of experimenting with paying a HUD grantee using a stablecoin, which could first be tested in one of the department’s offices before being applied broadly across other offices.HUD, headed by Trump pick Scott Turner, has also…