Author: Yeek.io

Trump Pauses Tariffs on Canada and Mexico, but China Faces Trade War EscalationIn a high-stakes trade negotiation, former U.S. President Donald Trump has agreed to delay imposing 25% tariffs on Canada and Mexico for 30 days, temporarily easing tensions between North America’s largest trading partners. However, China was not granted the same reprieve, as a 10% tariff on Chinese imports officially took effect, prompting swift retaliation from Beijing.Temporary Relief for Canada and MexicoThe breakthrough with Canada came after last-minute calls between Trump and Canadian Prime Minister Justin Trudeau. In exchange for pausing tariffs, Trudeau committed to bolstering border security, particularly…

Homepage > News > Business > Japan eyes public services modernization Japanese authorities have expressed a keen intent to integrate emerging technologies into the nation’s public services, eyeing modernization and efficiency for residents within three years. According to a report, the country is focused on improving its water supply and sewage systems with next-generation technologies to ensure consumer safety. Administrators prioritize the wholesale integration of artificial intelligence (AI), the Internet of Things (IoT), and blockchain. The government’s stance was disclosed following a digital administrative and fiscal reform panel meeting with Prime Minister Shigeru Ishiba, who led the group. Minutes of…

Over $600 million worth of SUI have been withdrawn from protocols as the market turned bearish. Technical analysis of the chart suggested a massive plunge back to the $1 region. In the past 24 hours, Sui [SUI] dropped by 17.77%, bringing its price to $2.43 at press time. This sentiment has been driven by the overall bearish market conditions. The market reaction remains negative, with massive liquidity outflows and the possibility of further price declines in the coming trading sessions. Massive outflows—Is $1 near? There has been a massive liquidity outflow from SUI in the last 24 hours across different…

Bybit’s CEO, Ben Zhou, has provided updates on the recovery of funds stolen during a major hack on the exchange. The incident, which occurred on February 21, involved approximately $1.4 billion worth of cryptocurrency, making it one of the largest hack on a centralized exchange in the crypto market. The attack, attributed to the Lazarus Group, resulted in the loss of 400,000 ETH-related tokens and other assets. Zhou stated that around 20% of the stolen funds have “gone dark,” while 77% remain traceable, and 3% have been frozen. Rising Concerns Over Decentralized Protocols Bybit CEO Zhou emphasized that the upcoming…

Bitcoin may struggle to move above $94,000 after its failed attempt to reclaim the price level two days ago, Bitfinex analysts say.“Any recovery to take the price back above $94,000 might face significant resistance,” Bitfinex analysts said in a March 3 markets report. Bitcoin (BTC) fell below $94,000 on March 2 and has yet to bounce back.Strong spot Bitcoin market sell-pressure nulls Trump gainsThe Bitfinex analysts linked this prediction to the recent volatility following US President Donald Trump’s March 1 announcement pledging a crypto reserve, which saw Bitcoin quickly surge 12% from $85,000 to $95,000.However, the analysts said that intense…

Trump’s Tariff Announcements Shake Markets: Stocks and Crypto PlummetRecent statements from former U.S. President Donald Trump regarding tariffs have sent shockwaves through both the traditional and crypto markets. Trump firmly declared:“There is no room for negotiation on tariffs with Mexico and Canada anymore.”As a result, the stock market experienced a sharp downturn:Dow Jones: -1.7%S&P 500: -2%NASDAQ: -2.6%Meanwhile, the crypto market took an even harder hit:Bitcoin (BTC): -8%Ethereum (ETH), Solana (SOL), XRP, Cardano (ADA): -14% to -16%Notably, even the Mexican peso and Canadian dollar declined following the announcement.The turmoil doesn’t stop there. Trump also revealed that tariffs on agricultural imports will…

The US Senate has passed a resolution to repeal a Biden-era rule that would require decentralized finance (DeFi) protocols to report to the Internal Revenue Service (IRS).The Senate voted 70 to 27 on March 4 to approve a motion to repeal the rule that would expand existing IRS reporting requirements to include decentralized exchanges and require brokers to disclose gross proceeds from crypto sales, including information regarding taxpayers involved in the transactions.The resolution now moves to the House, where it will need to be passed before being sent to President Donald Trump. The White House’s AI and crypto czar David…

Dogecoin’s cup-and-handle pattern suggested a breakout, with resistance levels at $0.50, $0.75, and $1.00. Bitwise files for a Dogecoin ETF, sparking speculation on institutional interest and a potential price surge. Dogecoin [DOGE] is forming a classic cup-and-handle pattern, a bullish continuation formation often associated with long-term accumulation before a potential breakout.  Meanwhile, the pattern began taking shape following a prolonged downtrend from its all-time high in May 2021, where DOGE experienced a rounded bottom that extended into late 2023. A breakout above the descending trendline in early 2024 saw Dogecoin climb to $0.2408 before pulling back to $0.1934, a 19.28%…

Investing in cryptocurrencies priced below $0.50 presents a thrilling chance to tap into undervalued assets teeming with growth potential. While the future of any investment carries uncertainty, certain projects are making waves due to their solid real-world applications and expanding user base. Here’s your guide to the top crypto gainers to buy for 1000x returns. 1. Web3Bay (Web3BAY) Web3Bay is swiftly catching the eye of investors, having raised over $1.6 million in its early fundraising stages. Now in stage 5, it has sold over 400 million tokens at $0.005247 each, signaling strong interest from savvy investors and major players in…

Este artículo también está disponible en español. Bitcoin price started a fresh decline below the $90,000 zone. BTC is back below $88,500 and might struggle to regain bullish momentum. Bitcoin started a fresh decline below the $92,000 zone. The price is trading below $90,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $91,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it fails to stay above the $85,000 zone. Bitcoin Price Faces Resistance Bitcoin price started a fresh decline…