Author: Yeek.io

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…

The cryptocurrency market rebounded after a sell-off that drove its overall valuation to the lowest since November 2024.As of March 6, the global crypto market capitalization had reached $3.10 trillion, rising 5% over the last 24 hours. Top coins, Bitcoin (BTC) and Ether (ETH) led the intraday rally with 5.6% daily gains each.Crypto market performance Jan. 30. Source: Coin360Let’s look at the top catalysts driving the crypto market rebound today.Bitcoin leads rebound amid Trump’s auto tariffs delayToday’s crypto market’s recovery aligns closely with similar rebounds in the US stock market, as Donald Trump’s tariff delay eased investor worries, with Bitcoin…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP eyes a $250 billion market cap, Rexas Finance is stealing the spotlight with its RWA tokenization model and 41x surge potential. Recently, the cryptocurrency market has exhibited some positivity. Tokens such as XRP appear to be steadily growing despite investors bracing for the crash. XRP’s recent surge has most bulls wondering if attaining a $250 billion market cap within a month is feasible.  Meanwhile, a new altcoin, Rexas Finance (RXS), is looking to position itself for a…

A crypto wallet holding over $400 million in Bitcoin (BTC) linked to the darknet marketplace Nucleus has awakened after nine years, according to Arkham Intelligence. On March 7, the entity controlling the wallet moved $77.5 million in BTC to three new addresses, leaving $365 million in the primary wallet.The wallet had been dormant since April 2016, when the marketplace shut down with 5,000 BTC from vendor and customer deposits. At the time, the funds were worth roughly $2.1 million, according to Arkham’s tracker.Related: Who is the mysterious Bitcoin creator, Satoshi Nakamoto?Nucleus was one of many darknet marketplaces that proliferated around…