Author: Yeek.io
United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7.Bessent reiterated the Trump administration’s promise to end the war on crypto and committed to rolling back previous IRS guidance and punitive regulatory measures. Bessent then turned his attention to stablecoins and said:”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, and…
Bitcoin’s price continues to move between bullish and bearish territory, reflecting ongoing uncertainty in the market. After reaching $94,000 earlier this week, the cryptocurrency has since retreated below $90,000, marking an approximately 18% drop from its all-time high (ATH) of $109,000 recorded in January. This latest pullback highlights the shifting sentiment among investors and the increasing influence of large holders, or whales, in the market. Whales Are Finally Back, Data Shows CryptoQuant analyst Darkfost has identified a notable trend in Bitcoin whale behavior, revealing that these influential market participants had been reducing their holdings for over a month, marking the…
Solana (SOL) co-founder Anatoly Yakovenko opposes the idea of the US establishing a crypto strategic reserve. In a post on the social media platform X, Yakovenko cites why he does not support Donald Trump’s decision to create a national reserve of digital assets, a move that the President says will ensure the US becomes the “crypto capital of the world.” “My reserve order of preference: No reserve, because if you want decentralization to fail you’d put the government in charge of it. Or states run their own reserve as a hedge against the Fed making a mistake. Or if there…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Codename:Pepe aims to replicate PEPE’s success, blending humor and tech to attract community support and drive growth. The cryptocurrency market is abuzz with a fresh contender looking to emulate past successes. Codename:Pepe aims to capture attention and achieve gains similar to the remarkable rise of PEPE. With bullish signals on the horizon, the community is curious to see if Codename:Pepe (AGnT) can thrive in the volatile landscape. Excitement builds around the potential of Codename:Pepe, which combines humor with advanced…
Coinbase CEO Brian Armstrong said that United States President Donald Trump’s strong support for crypto has led the exchange to go on a hiring spree in the US.“Coinbase is planning to hire about 1,000 people in the United States this year as a direct result of his actions already in the first 60 days or so,” Armstrong said in a video posted to X on March 7.Hiring spree to significantly grow Coinbase’s headcount“These policies really matter; this is the most pro-crypto Congress we’ve ever seen as well,” he said. Adding 1,000 more employees would increase Coinbase’s total workforce by about…
Ethereum whales have accumulated 1.10 million ETH in 48 hours, sparking market speculation Despite whale buying, Ethereum remains in a downtrend Ethereum’s [ETH] big players are making quick moves! In the past 48 hours, whale wallets have accumulated a staggering 1.10 million ETH, sparking speculation across the market. Are these high-net-worth investors positioning ahead of a major catalyst, or is this just another calculated play in an increasingly volatile landscape? Ethereum’s price action remains in a tug-of-war, while Bitcoin’s dominance strongly influences the overall market sentiment. The significant accumulation by whales raises the question: Could they have insights or information…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Fold Holdings, a US-based Bitcoin (BTC) financial services firm, announced today the addition of 475 BTC to its corporate treasury. This acquisition positions Fold Holdings among the top 10 US public companies with the largest Bitcoin reserves. Fold Holdings Unveils Bitcoin Purchase Bitcoin adoption among corporations continues to snowball, as Nasdaq-listed Fold has acquired another 475 BTC. This latest purchase marks nearly a 50% increase in the company’s total BTC holdings, which now stand at slightly more than 1,485 BTC. Notably, the firm financed its BTC acquisition…
Litecoin’s bullish momentum has cooled off, with the price sliding back to $97.8 after struggling to sustain its recent uptrend. The pullback comes amid increasing selling pressure, raising concerns about whether this is a temporary correction or the start of a deeper decline. While LTC previously showed strength, the inability to maintain higher levels suggests that market sentiment is shifting, leaving traders questioning the coin’s next move. As the price approaches key support levels, traders are closely monitoring market signals to determine the next move. Will buyers step in to defend LTC and spark a rebound, or will bearish pressure…
In the last 24 hours, the price of BNB is attempting to meet buyers’ demand as it surged toward $610. Though buyers are trying to send the price above immediate Fib level, sellers are strongly defending a surge above $610. Additionally, BNB’s trading volume has surged by 1.6% in the past 24 hours, reaching $1.65 billion. Looking at the bigger picture, BNB’s price has been facing increasing downward volatility since the crash on February 3. However, BNB is now recovering toward a bullish rally. In the last 24 hours, its market cap has dropped by 0.72% to $85.4 billion. BNB’s…
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 and other top altcoins like ADA and Ripple’s XRP surged in price minutes after US President Trump issued a statement on a crypto strategic reserve. After languishing below $85k for days, Bitcoin climbed past $90k last Monday and…