Author: Yeek.io

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…

TRUMP was unable to maintain its bullish H4 structure and shifted bearishly once more Liquidation levels at $14, $16, and $18 could reverse the current price bounce In a recent analysis, AMBCrypto observed that Official Trump [TRUMP]’s rally to $17.75 on Sunday mirrored its mid-February rally. As such, the move was anticipated to be a liquidity grab, and the odds of a reversal were high. This has come to pass. Since the weekend pump, the memecoin has fallen by 24.23%, making a lower low on the 4-hour timeframe as well. The selling volume has been sizeable, with Bitcoin [BTC] continuing…

The cryptocurrency market has experienced a sharp downturn, with Bitcoin’s price dropping below $83,000. This decline has led to a wave of liquidations totaling $1 billion over the past 24 hours, as leveraged traders faced significant losses amid the market correction. According to Coinglass, a total of 305,170 traders were liquidated during this period, reflecting the impact of Bitcoin’s latest decline in price on investor positions. Detailing The Total Liquidations The majority of liquidations came from long positions, where traders had bet on Bitcoin’s price increasing. As the market moved against them, forced sell-offs occurred, accelerating the downward momentum. Data…

Este artículo también está disponible en español. Over the last week, Ethereum (ETH) has dropped 13.8%, currently trading at the critical $2,000 support level. While the digital asset’s weekly Relative Strength Index (RSI) has hit its lowest point in three years, analysts warn that further downside may still be ahead. Ethereum RSI At Lowest Levels In Years US President Donald Trump’s trade tariffs on Canada and Mexico took effect earlier today, fueling fears of an impending recession. According to the latest data from Kalshi, there is a 39% probability of a recession occurring in 2025. Related Reading The broader crypto…

As Alexis Ohanian announced on his X, he officially joined Project Liberty’s bid to acquire TikTok in the U.S. and stated he would bring it “on-chain.”.Reddit Co-Founder announcement“He has that broad portfolio of experience… of where social media was and, I think, a keen understanding of where it’s evolving,” Frank McCourt, billionaire American businessman and Project Liberty founder, told Reuters of the Reddit co-founder. Right after that, Ohanian shared his thoughts on X after McCourt welcomed the Reddit co-founder to the team of TikTok Acquisition. According to McCourt, Ohanian brings valuable experience that could play a key role in the…