Author: Yeek.io

Kaito surged by 26%, fueled by its listing on Upbit, adding to its growing presence on major centralized exchanges. Upbit has just listed Kaito (KAITO) on its KRW, BTC, and USDT markets, with deposits only available through Base—other networks are not supported. Buoyed by the listing, KAITO is up 25% in the past 24 hours, trading at $1.82 at press time, with 24-hour trading volume of $996 million, up by 108%. Though the Upbit listing is a significant milestone for Kaito, it’s not the first major exchange to list the token. Binance, Coinbase, Kraken, OKX, Gate.io, Bybit, and MEXC all…

Este artículo también está disponible en español. On Tuesday, Ethereum (ETH) retested the $2,000 support zone, falling below this level for the first time in over a year. Some analysts suggested the second-largest crypto risks a 40% correction as its price attempts to hold its support level “between heaven and hell.” Related Reading Monday Dump Sends Ethereum To 15-Month Low Ethereum has fallen to a yearly low of $1,993, according to Binance market data. The cryptocurrency has dropped below $2,000 for the first time in 15 months, hitting its lowest price since late November 2023. Amid the February market retraces,…

Homepage > News > Finance > Is another global financial crash coming? Across the world, investors and pundits are asking the same question: Are we on the brink of another 2008-style financial crash? One need only look at the S&P 500, the prices of stocks in top companies like Nvidia (NASDAQ: NVDA) and Tesla (NASDAQ: TSLA), or the digital currency markets to see what’s happening: a mass-scale selloff in risk assets and a rush for the exits. With United States President Donald Trump launching a diplomatic blitzkrieg in the two short months since he took power, uncertainty looms large, and…

Spot Bitcoin exchange-traded funds in the United States saw their net outflows nearly double as market experts expressed concerns over U.S. President Donald Trump’s proposed crypto reserve plan. According to data from SoSoValue, the 12 Bitcoin ETFs recorded $143.43 million in net outflows on March 4—almost double the previous day’s net inflows of $74.19 million. Fidelity’s FBTC and ARK 21Shares’ ARKB saw outflows of $46.08 million and $43.92 million, respectively. Franklin Templeton’s EZBC followed with net redemptions of $35.71 million. Other BTC ETFs contributing to the negative momentum included Bitwise’s BITB, Invesco Galaxy’s BTCO, and WisdomTree’s BTCW, which recorded outflows…

The European Securities and Markets Authority (ESMA) clarified the status of custody and transfers of stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA).On March 3, Binance announced plans to delist nine non-MiCA-compliant stablecoins, including Tether’s UDSt (USDT), for users in the European Economic Area (EEA).Despite removing the affected tokens for trading, Binance said it will support deposits and withdrawals of non-MiCA-compliant stablecoins after the delisting on March 31.According to ESMA, a key regulatory body overseeing MiCA compliance in Europe, providing custody and transfer services for non-compliant stablecoins does not violate the new European cryptocurrency laws.USDt custody…

US President Donald Trump’s White House Crypto Summit is taking shape. Scheduled for this Friday, March 7, the attendee list, however, remains unexpectedly exclusive and relatively small, with only roughly 20 to 25 invitees reportedly taking part. According to newly shared information by FOX Business journalist Eleanor Terrett, details are still in flux, but several high-profile industry participants have confirmed their attendance. Here’s Who Attentending Trump’s Crypto Summit She attributed this to the roundtable format and the participation of the Presidential Working Group on Digital Assets, which reportedly includes Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, Attorney General Pam…

The European Securities and Markets Authority (ESMA) clarified the status of custody and transfers of stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA).On March 3, Binance announced plans to delist nine non-MiCA-compliant stablecoins, including Tether’s UDSt (USDT), for users in the European Economic Area (EEA).Despite removing the affected tokens for trading, Binance said it will support deposits and withdrawals of non-MiCA-compliant stablecoins after the delisting on March 31.According to ESMA, a key regulatory body overseeing MiCA compliance in Europe, providing custody and transfer services for non-compliant stablecoins does not violate the new European cryptocurrency laws.USDt custody…

3Yuga Labs announced that the U.S. Securities and Exchange Commission (SEC) has closed its investigation into the company. The NFT firm shared the update on March 3 in a post on X (Twitter), stating that after more than three years, “the SEC has officially closed its investigation into Yuga Labs.”The post also described the decision as “a huge win for NFTs and all creators pushing our ecosystem forward,” adding, “NFTs are not securities.”The SEC began investigating Yuga Labs in 2022 to determine whether certain NFTs qualified as securities under U.S. law. At the time, regulators were scrutinizing several major players in…

Japan’s Metplanet has become the largest corporate holder of Bitcoin in Asia after its latest purchase. According to the company’s CEO, Simon Gerovich, Metaplanet grabbed another 497 BTC at around $88,448 per coin, investing nearly $44 million in the process on March 5. This latest buy bumps its total stash to 2,888 BTC, worth over $251 million, with Bitcoin hovering around $87,198 at press time. The Japanese firm bought the dip as Bitcoin dropped over 8% on March 4 as concerns regarding a potential trade war and fresh tariffs from the U.S. continued to rattle markets. Metaplanet has dethroned Chinese…

WIF’s value has dropped by nearly 86% from its November 2024 peak While the RSI flashed a mild bullish divergence, overall derivatives data still underlined a bearish edge Despite brief optimism after Trump announced plans for an upcoming U.S Crypto Reserve, the crypto markets saw more sideways movement over the last 48 hours. Dogwifhat’s (WIF) price peaked at around $4.8 in November 2024. However, since then, it has been making lower highs and lower lows on the charts. At press time, the altcoin was trading below its 20 EMA, 50 EMA, and 200 EMA – A sign of strong bearish…