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…

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…

Homepage > News > Business > Vietnam taps blockchain to target $3T halal food market As the global halal food market explodes, agricultural exporters in Vietnam are tapping blockchain technology to target expanding markets in the Middle East, Asia, and North Africa. The halal market was valued at $7 trillion in 2020 and is projected to hit $10 trillion by the decade’s end.  The halal food market, in particular, was valued at $3 trillion last year and is expected to grow at a compound annual growth rate (CAGR) of 12.4% to hit $9.5 trillion by 2034. Vietnamese firms are targeting…

A common misconception is that DeFi cannot compete with centralized exchanges in terms of trading efficiency, order execution, and available tools. This perception, however, is entirely outdated.As Mark pointed out:“The stuff that you find onchain, Carbon DeFi included, is already offering tools and services that really embarrass conventional centralized exchanges.”People often ask, “When will DeFi be able to hold its own against centralized exchanges?” But the reality is, DeFi has already left CEXs in the dust. The tools available on Carbon DeFi are more advanced than what centralized exchanges offer, and they function with greater efficiency, automation, and customization. Features…