Author: Yeek.io
Strategy founder Michael Saylor has proposed that the United States government aims to acquire up to 25% of Bitcoin’s total supply over the next decade for its Strategic Bitcoin Reserve.“Acquire 5-25% of the Bitcoin network in trust for the nation through consistent, programmatic daily purchases between 2025 and 2035, when 99% of all BTC will have been issued,” Saylor wrote in a document titled “A Digital Assets Strategy to Dominate the 21st Century Global Economy.” Saylor reiterates to the US government, “Never sell your Bitcoin”Saylor presented the document to US President Donald Trump, government executives, and global crypto leaders at…
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. Ethereum (ETH) has been struggling around the $2,200 level, with bulls unable to reclaim higher prices despite multiple attempts. The market sentiment remains bearish, as ETH continues to face selling pressure even after Thursday’s announcement of the US Strategic…
At press time, MKR was testing support at $1,279 as cost basis clusters hinted at heavy investor positioning between $1,300 and $1,500 MFI at 29.04 hinted at oversold conditions and by extension, a potential bounce on the charts Maker’s [MKR] price action over the past few weeks has been volatile, with the crypto noting a reversal on the charts after hitting a mid-February low. In fact, the token rallied to $1,700, only to retrace back to $1,350 – A sign of heavy engagement from investors at key price levels. Using the Cost Basis Distribution metric, we can analyze how MKR…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin and Shiba Inu prices have been recovering since their significant declines at the end of February. This recovery trend has been sparked by macro factors, which provide a bullish outlook for the foremost meme coins in the long term. Why Dogecoin And Shiba Inu Prices Are Gaining Momentum CoinMarketCap data shows that the Dogecoin and Shiba Inu prices have recorded gains in the last seven days, which is a positive considering that the foremost meme coins had significantly crashed a week earlier. This recovery trend is…
Network economist Timothy Peterson warns that if the US Federal Reserve holds off on rate cuts in 2025, it may cause a broader market downturn, potentially dragging Bitcoin back toward $70,000.“What it needs is a trigger. I think that trigger may be as simple as the Fed not cutting rates at all this year,” Peterson said in a March 8 X post. Peterson’s comment comes just a day after Federal Reserve chair Jerome Powell reiterated that he’s in no hurry to adjust interest rates.Fed rate cut delay may spark bear market”We do not need to be in a hurry and…
The cryptocurrency community keenly awaits the first-ever White House Crypto Summit on March 7, which is expected to provide more details on the planned crypto reserve announced by US President Donald Trump on March 2. Although the initial announcement included Bitcoin (BTC), Ether (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA), several critics slammed the idea of adding centralized altcoins alongside Bitcoin in the reserve. US Commerce Secretary Howard Lutnick clarified in an interview with The Pavlovic Today that Bitcoin is likely to have a special status in the nation’s crypto reserve.Crypto market data daily view. Source: Coin360Bitwise chief investment officer…
Network economist Timothy Peterson warns that if the US Federal Reserve holds off on rate cuts in 2025, it may cause a broader market downturn, potentially dragging Bitcoin back toward $70,000.“What it needs is a trigger. I think that trigger may be as simple as the Fed not cutting rates at all this year,” Peterson said in a March 8 X post. Peterson’s comment comes just a day after Federal Reserve chair Jerome Powell reiterated that he’s in no hurry to adjust interest rates.Fed rate cut delay may spark bear market”We do not need to be in a hurry and…
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. Dogecoin has been trading in a bearish momentum in the past few weeks, which has caused its price to break below critical resistance levels around $0.3 and now struggling around $0.2. This downtrend has seen the Relatice Strength Index…
New crypto projects pop up all the time, each trying to solve problems like speed, scalability, or cost issues of the Ethereum blockchain. Some are simple to use, while others are built for dapps or games. Sui is a similar layer-1 blockchain with a unique “Move” programming language.In this guide, we will review what Sui crypto is, how it works, its working architecture, its use cases, and how it competes with other blockchains.What is Sui?Sui is a layer-1 blockchain built for speed, scalability, and low-cost transactions. It launched its mainnet on May 3, 2023. Unlike Ethereum or Bitcoin, which process…
Surge in XRP whale activity hinted at potential accumulation or redistribution, raising market speculation Ripple defended its XRP sales strategy amid concerns over inflation Whale activity on the XRP network has surged over the past three weeks, sparking speculation about major investors’ strategies. The spike coincided with Ripple CTO David Schwartz defending the company’s right to sell its XRP holdings amid inflation concerns. With institutional transactions rising, Ripple is insisting its sales won’t destabilize prices. As expected, this has intensified the debate over XRP’s long-term outlook. Whale activity in XRP sees a steady hike XRP’s whale activity has steadily risen,…