Author: Yeek.io

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 has faced massive selling pressure and volatility over the past month as the entire crypto market trends downward, pushing ETH toward crucial demand levels. With uncertainty dominating the market, traders remain cautious as Ethereum struggles to reclaim lost ground.…

Solana (SOL) has dropped by 7.50% in the last 24 hours to reach around $142 on March 7, mirroring losses across the cryptocurrency market.SOL/USD four-hour price chart. Source: TradingViewTop reasons driving the SOL prices lower today include:Digital Asset Stockpile fails to impress SOL bullsSolana’s price tumbled today as crypto markets reacted to President Donald Trump’s executive order establishing a US strategic Bitcoin reserve and digital asset stockpile.What to know: Investors had expected the US government would actively purchase Bitcoin and other cryptocurrencies, but the order specified no new acquisitions beyond assets already forfeited.Trump fulfilled his campaign promise to establish a…

Bitcoin is making an effort to stage a comeback after dipping to $85,211, but a lack of strong momentum is casting doubt on the recovery. While buyers are attempting to regain control, technical indicators suggest that bullish strength remains fragile, raising concerns about whether BTC can sustain its rebound or face another pullback. With key resistance levels ahead and market sentiment still uncertain, Bitcoin’s next move remains unpredictable. If buyers fail to build enough momentum, BTC could struggle to push higher, leaving it vulnerable to renewed selling pressure.  Bitcoin Tries To Bounce Back BTC’s current price action indicates that bulls…

White House crypto and AI czar David Sacks rejected the idea of taxes on each cryptocurrency transaction as a method of filling the US strategic Bitcoin (BTC) reserve and crypto stockpile with digital assets.During a recent appearance on the All In Podcast, host Jason Calacanis proposed charging a 0.01% tax on every cryptocurrency transaction, which would be denominated in the asset that is transferred, bought or sold. Sacks responded:“That’s always how taxes start. They are described as being very modest. You know, when the income tax started, it only applied to like a thousand Americans, and the legislators swore up…

Surge in XRP’s NVT ratio hinted at a hike in whale activity, suggesting potential volatility XRP’s consolidation within a symmetrical triangle pointed to an imminent breakout or breakdown A massive transfer of 150 million XRP, valued at over $380 million, recently took place between two unknown wallets. As expected, this has sparked significant curiosity across the crypto market.  This whale activity has caught the attention of many traders and analysts too, many of whom are now questioning whether this will trigger a major price shift or if it is simply a routine transaction. At press time, XRP was trading at…

The Bitcoin (BTC) community voiced mixed reactions to the March 7 White House Crypto Summit, with some investors characterizing it as a historic day for Bitcoin and cryptocurrencies, while others called the event underwhelming.Crypto trader Miles Deutscher said the event was a “massive net positive” for Bitcoin, despite the mixed reactions.Kyle Samani, the managing partner at Multicoin Capital and an attendee of the summit, characterized it as a “historic moment” for the cryptocurrency industry.Following the event, Coin Bureau founder and CEO Nic Puckrin asked, “Just looking at the charts, I can assume that nothing groundbreaking came from the White House…

NFT Market Fall: A Short OverviewNFT markets developed incredibly rapidly towards the close of 2023. The trend swiftly turned, however. NFT trading volume hit $1.36 billion, based on data by DappRadar. By January, it dropped by 26%. The decline accelerated in February, with another 50% drop.Here’s how the numbers look:MonthTrading VolumePercentage ChangeDecember$1.36 Billion–January$1 Billion-26%February$500 Million-50%This dramatic drop signals a shift in investor interest and overall market health.What’s Behind the NFT Market Decline?Several factors contribute to the market slump:Global Economic Uncertainty: The US introduced tariffs on its allies and trading partners, affecting investor confidence.Market Speculation: Many NFT projects failed to deliver…

Web3 culture is forever changing. Created by degens, innovators and the curious minds that have ventured into blockchain technology, Web3 culture is thoroughly unique – and one NFT brand condenses, lives and represents Web3 culture more than any other. That NFT brand is Rektguy.Built around the story of an eponymous translucent skull character that’s a real blockchain degen, Rektguy quickly grew from its humble beginnings as a gift to the community into an emblem of artistic expression, boundless creativity, and a de-facto representation of honest Web3 culture.With Rektguy, holders, believers and fans can experience a true slice of the Web3…

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…

Gemini, the cryptocurrency exchange and custodian founded by billionaire twins Cameron and Tyler Winklevoss, has confidentially filed for an initial public offering (IPO), according to a Bloomberg report. The company is working with Goldman Sachs Group Inc. and Citigroup Inc. to explore the listing, which could take place as soon as this year. The move follows the resolution of regulatory issues, including the closure of a U.S. Securities and Exchange Commission investigation into the exchange, as noted by Cameron Winklevoss in a February post on X (formerly Twitter). Earlier this year, Gemini paid $5 million to settle a lawsuit with…