Author: Yeek.io

A senior White House official has confirmed that US President Donald Trump’s crypto summit on March 7 will not cover taxes but instead focus on rolling back the anti-crypto policies pursued by the former Biden administration. “There’s not going to be anything on taxes. You know, the crypto internet is rife with rumors. […] I don’t know how some of these things get started,” a senior White House official said in a virtual preview of the crypto summit held on March 7 at 2:00 pm UTC. Instead, the summit will be a venue for industry leaders to provide feedback on…

Michael Saylor, CEO of MicroStrategy, Vlad Tenev, CEO of Robinhood, and Zach Witkoff, co-founder of Trump’s cryptocurrency business, World Liberty Financial, are among those attending. The White House did not release the complete list of guests or the agenda.The meeting comes after Trump signed an executive order on Thursday to create a strategic crypto reserve. The reserve will hold bitcoin and four other cryptocurrencies, using assets seized from criminal and civil cases. The goal is to build the reserve without burdening taxpayers.Crypto leaders expect the reserve plan to spark debate. Some, like Exodus CEO JP Richardson, argue bitcoin should be…

YZi Labs is bullishing on decentralized AI through their expanded investment in Tensorplex Labs, aiming to foster the combination of AI and Blockchain.Newest funding from YZi Labs: Tensorplex LabsToday morning, March 07, YZi Labs (formerly Binance Labs) announced an investment in Tensorplex Labs – a pioneer project of decentralized AI. They are leading at the intersection of blockchain and AI, aiming to speed up innovation of AI.Tensorplex AI currently has two flagship products:Backprop Finance: A comprehensive DeFi platform for the Bittensor (TAO) ecosystem, operating as a DeFi hub and trading analytics center for dTAO tokens (subnets of Bittensor). Additionally, it…

Sui price continues to trade below the $3 mark, struggling to gain momentum despite a recent partnership with Trump’s World Liberty Financial. What’s next? Currently trading at $2.75 according to crypto.news price tracker, Sui (SUI) is experiencing weak momentum. At 42.39, the relative strength index indicates that the asset is not oversold but is still in bearish territory. The 50-day EMA at $3.35 and the 200-day EMA at $3.02, both signal a bearish trend. If selling pressure increases, support is located around $2.70 and $2.50, while resistance is at $3.57. Sui technical analysis. Credit: crypto.news In the meantime, rising trader…

  TON has declined by 19.97% over the past month. Toncoin’s on-chain activity dipped, with revenue and market cap hitting a yearly low. Over the past two months, Toncoin [TON] has experienced significant struggles on its price charts and in fundamentals. In fact, TON is currently experiencing considerable challenges fundamentally. Inasmuch, AMBCrypto’s analysis shows that Toncoin’s on-chain activities have seen a sustained decline over the past year. Source: Artemis For starters, Toncoin’s revenue has fallen to a yearly low of $9.1k, indicating a significant decline in the blockchain’s economic activity. This downturn suggests reduced transactions, DeFi activity, and trading, pointing…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse and Shiba Inu are poised for significant gains this March, with analysts predicting XYZ’s explosive rise and SHIB’s potential breakout amid shifting market trends. March may bring surprising shifts in the cryptocurrency market as analysts forecast XYZVerse and Shiba Inu to outpace other leading altcoins. With potential for stronger gains, these two digital assets are drawing significant investor interest. What factors are fueling this predicted rise, and could they truly surpass their competitors in the coming weeks? XYZ…

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. The first-ever White House Crypto Summit takes place today, Friday, March 7. A bevy of industry powerplayers are participating, and while the agenda has yet to be announced, the conversation will undoubtedly include the national crypto reserve, the Digital…

Homepage > News > Finance > Japanese exchange gets its hands on a USDC license Japanese traders will soon gain access to Circle’s USDC stablecoin, which gives them an easy option to hold United States dollar-denominated balances. It’s a first for the Japanese market, where local regulators have hesitated to bring stablecoin trading to the masses. The country’s strictly regulated digital asset exchanges generally do not (or cannot) support USD stablecoins. Therefore, SBI VC Trade’s move could facilitate JPY/USD exchanges and have interesting effects on the wider foreign exchange trading world and the Japanese economy. JPY is the world’s third…

REZ crypto surged by as high as 60% after being listed on Coinbase. What is REZ, and is it headed towards more potential gains? According to data from CoinGecko, Renzo (REZ) rallied to an intraday high of $0.032, over 145% higher than its lowest point this year. The altcoin’s market cap was seated at $63 million, while its daily trading volume more than doubled over the previous day at nearly $281 million. REZ’s gains were accompanied by a surge in demand from derivatives traders. According to CoinGlass data, open interest in its futures market jumped 92% to an all-time high…

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