Author: Yeek.io

Bitcoin could face increased downside volatility if it closes the week below the key $82,000 support level as investor sentiment remains subdued following short-term disappointment in the US Strategic Bitcoin Reserve.President Donald Trump’s executive order, signed on March 7, outlined a plan to create a Bitcoin reserve using cryptocurrency forfeited in government criminal cases rather than actively acquiring Bitcoin (BTC) through market purchases.The lack of direct federal Bitcoin investment has “led to a near-term negative market reaction and a decline in Bitcoin’s price,” according to Bitfinex analysts.Bitcoin needs to close the week above the key $82,000 support to avoid a…

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…

Bitcoin could face increased downside volatility if it closes the week below the key $82,000 support level as investor sentiment remains subdued following short-term disappointment in the US Strategic Bitcoin Reserve.President Donald Trump’s executive order, signed on March 7, outlined a plan to create a Bitcoin reserve using cryptocurrency forfeited in government criminal cases rather than actively acquiring Bitcoin (BTC) through market purchases.The lack of direct federal Bitcoin investment has “led to a near-term negative market reaction and a decline in Bitcoin’s price,” according to Bitfinex analysts.Bitcoin needs to close the week above the key $82,000 support to avoid a…

Bitcoin could face increased downside volatility if it closes the week below the key $82,000 support level as investor sentiment remains subdued following short-term disappointment in the US Strategic Bitcoin Reserve.President Donald Trump’s executive order, signed on March 7, outlined a plan to create a Bitcoin reserve using cryptocurrency forfeited in government criminal cases rather than actively acquiring Bitcoin (BTC) through market purchases.The lack of direct federal Bitcoin investment has “led to a near-term negative market reaction and a decline in Bitcoin’s price,” according to Bitfinex analysts.Bitcoin needs to close the week above the key $82,000 support to avoid a…

An artificial intelligence (AI)-based altcoin and a decentralized finance (DeFi) token have soared in price after being added to Coinbase’s listing roadmap. In a post on the social media platform X, Coinbase Assets announces the additions of AI-focused project Aethir (ATH) and DeFi protocol Maple Finance (SYRUP) to its listing roadmap, causing the digital assets to spike in price. Coinbase’s listing roadmap is typically used for transparency and to prevent the front-running of tokens prior to them being listed. Being added to the roadmap means the crypto exchange may add support for the crypto asset soon. News of the addition…

Some US government agencies continue to deny transparency regarding their role in Operation Chokepoint 2.0, a period during the Biden administration when crypto and tech founders were allegedly denied banking services, according to Coinbase chief legal officer Paul Grewal.The collapse of crypto-friendly banks in early 2023 sparked the first allegations of Operation Chokepoint 2.0. Critics, including venture capitalist Nic Carter, described it as a government effort to pressure banks into cutting ties with cryptocurrency firms.Despite recent regulatory shifts, agencies like the Federal Deposit Insurance Corporation (FDIC) continue to “resist basic transparency” efforts, Grewal wrote in a March 8 post on…

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. Ryan Rasmussen, head of research at Bitwise Asset Management, believes that a strategic Bitcoin reserve could be a fundamental move in the accelerated global adoption of the digital asset. It will increase Bitcoin’s legitimacy and remove fears of government…

Bitcoin’s market correction Bitcoin was experiencing a pullback at press time, trading at $86,047 and reflecting a 0.25% daily decline. The correction followed BTC’s rejection at the $92,000 mark, with a series of lower highs pointing to weakening bullish momentum. The RSI was 40.54 at press time, hovering near oversold territory — suggesting increased bearish pressure but also a possible reversal zone. Source: TradingView Meanwhile, the OBV fell, indicating reduced buying pressure and fading investor confidence. If BTC fails to hold current support, further downside toward the $80,000-$82,000 range is possible. Still, historical price cycles suggest that corrections at this…

From crypto queen to global fugitive: OneCoin’s Ruja Ignatova disappeared with billions, leaving a mystery still unsolved. For eight years, the world has speculated about the fate of Ruja Ignatova: the so-called “Cryptoqueen” who vanished with billions after pitching OneCoin, a classic Ponzi scheme, leaving behind a trail of lies, lawsuits, and a mystery that refuses to die. Crypto.news spoke with those who have dug deep into her story to get their take on where she might be now. Shortly on her background as context: born in May 1980 in Bulgaria, Ruja Ignatova moved to Germany with her family at…

Solana native token, SOL (SOL), is up by 17% after falling to a low of $125 on Feb. 28. However, it encountered strong resistance near the $180 mark. More significantly, the current price of $145 represents a 50% decline from its all-time high of $295 on Jan. 19, raising concerns among traders about SOL’s ability to regain bullish momentum.While analysts attribute the sharp decline in SOL’s value to the memecoin market crash, onchain activity has declined across various sectors, including liquid staking, tokenized assets, yield aggregators, synthetic perpetuals, NFT marketplaces, and artificial intelligence infrastructure.Solana 7-day blockchain fees, USD. Source: DefiLlamaDecreased…