Author: Yeek.io

The Movement Network Foundation has launched Movement Public Mainnet Beta, featuring permissionless smart contract deployment and a canonical Movement bridge. According to a press release sent to crypto.news, the Movement Public Mainnet is the first Move-based chain that settles to Ethereum (ETH). It offers users permissionless smart contract deployment and full user onboarding, allowing developers to freely build on and use Movement. The mainnet went live on March 10 at 8:00 AM PST (15:00 UTC), giving users access to key features, including the canonical bridge powered by LayerZero. With the bridge, users can transfer the network’s native gas token MOVE…

The contrasting influences of China and the United States on the crypto industry create a complex landscape. As the US emphasizes regulation and oversight, China continues to invest heavily in AI, shaping the future of AI-driven crypto projects.Challenges Facing AI Development in the US Crypto SectorSince Donald Trump took office, threats to AI research agencies have increased in the US. His administration laid off several employees at the National Science Foundation (NSF) specifically chosen for their expertise in artificial intelligence.The layoff of 170 NSF employees in February severely impacted AI development in the US. Among those let go was Courtney…

Homepage > News > Business > The Elon Musk vs Sam Altman Feud part 4 The feud between Elon Musk from xAI and Sam Altman from OpenAI continues to play out in the courts, and the latest development in this case seems to be both good news and bad news for each party. Court rejects Musk’s preliminary injunction requests The court has denied all four of Musk’s requests for a preliminary injunction against OpenAI, including efforts to block its conversion to a for-profit entity, prevent potential conflicts of interest involving Microsoft (NASDAQ: MSFT), prevent OpenAI and Microsoft from restricting investments…

The market has experienced a sharp increase in liquidations, with Bitcoin, Ethereum, and Dogecoin being the most affected. Over the past 24 hours, total liquidations have amounted to $614.63 million, impacting more than 224,000 traders. Bitcoin accounts for the largest share, with $236.87 million in liquidations, followed by Ethereum at $106.85 million. Source: X Dogecoin has suffered the most among the top 10 cryptocurrencies, with $21.79 million in liquidations following a 13% price drop. The largest single liquidation order, valued at $32.09 million, occurred on Binance in the BTCUSDT pair. Uncertainty surrounding Trump’s Bitcoin Reserve order and broader market conditions…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin continues to face massive selling pressure, with its price dropping below the $84,000 mark, marking a 15% decline since the start of March. This downturn has fueled panic selling and rising fear, with many investors now speculating whether Bitcoin is entering a bear market. The recent decline has left the market in a state of uncertainty as BTC struggles to reclaim key levels that could restore bullish momentum. According to on-chain data from CryptoQuant, the percentage of Bitcoin supply in profit has dropped from 99% to 76%,…

According to Coinglass, 225,381 traders were liquidated. Long positions suffered the most, losing $529.4 million, while short positions faced $91.1 million in losses. Bitcoin alone saw $239.5 million in liquidations, with the biggest single order—a BTC/USDT trade worth $32 million—wiped out on Binance.CryptoQuant data shows Bitcoin’s long liquidations reached 14,714, surpassing previous crises like the Celsius and FTX crashes. The market downturn coincided with President Donald Trump’s Strategic Bitcoin Reserve executive order, which unexpectedly pressured BTC prices.Analysts have warned that if Bitcoin is unable to hold $78,000, it will drop to $75,000. Arthur Hayes noted unusually high open interest in…

Ethereum has suffered a massive decline, losing over 50% of its value since late December, fueling fear and panic selling across the market. The downturn has led many analysts to question the possibility of an altseason this year, as Ethereum and most altcoins struggle to reclaim key bullish levels. With ETH failing to break above critical resistance zones, investors remain uncertain about its short-term direction, and market sentiment continues to lean bearish. Despite the pessimism, there are signs of potential recovery. On-chain data from IntoTheBlock shows that $1.8 billion worth of ETH left exchanges last week, marking the largest weekly…

Quick take: The collection of 10,000 high-quality 3D profile pictures (PFPs) features a revenue sharing mechanism and other benefits. The company is using proof-of-conviction and a year of non-transferrable lockup for the tokens to ensure early supporters are not priced out of the market. Buyers also receive 20% discount on any purchase on the NodeOps platform and up to 5% revenue share. NodeOps has introduced a new NFT launch mechanism that focuses on inclusivity. Dubbed a proof-of-conviction, it ensures everyone gets a fair chance when participating in NFT launches, eliminating the bias that often favours whales or sybils. The effectiveness…

The US push to maintain the dollar’s global dominance through stablecoin adoption could have unintended benefits for Bitcoin as it emerges as a potential national reserve asset.During the White House Crypto Summit on March 7, US Treasury Secretary Scott Bessent said the American government would use stablecoins to ensure the US dollar remains the world’s global reserve currency.“We are going to put a lot of thought into the stablecoin regime, and as President Trump has directed, we are going to keep the US [dollar] the dominant reserve currency in the world,” Bessent said.The treasury secretary also repeated the Trump administration’s…

XRP’s current trading price of $2.20 is the result of recent market dynamics where short-term selling has recently pushed the price down by 1.67% in the last 24 hours. Although this drop might seem concerning, it’s important to note that over the past 30 days, XRP is down by only 8.07%—a relatively moderate decline compared to many other cryptocurrencies. Volume trends have been a critical factor in analyzing this performance. Higher trading volume during the recent decline indicates that significant players may be taking profits or repositioning their portfolios. However, the moderate 30-day decline suggests that the overall sentiment isn’t…