Author: Yeek.io

Coinbase co-founder and CEO Brian Armstrong believes the US crypto strategic reserve recently announced by President Donald Trump should exclusively consist of Bitcoin (BTC). On the social media platform X, Armstrong says having “just Bitcoin” in the US crypto strategic reserve “would probably be the best option.” According to the Coinbase CEO, Bitcoin comes with the “simplest and [clearest] story as successor to gold” relative to other crypto assets. “If folks wanted more variety, you could do a market-cap-weighted index of crypto assets to keep it unbiased.” On Sunday, President Trump confirmed that the US will set up a “crypto…

South Africa Reserve Bank(SARB) governor’s question, “Why not strategic beef reserve?” at the 2025 World Economic Forum in Davos may have been rhetorical, but Lesetja Kganyago’s seemingly sarcastic remark about “strategic bitcoin reserves” inadvertently underscored the need for Africa to rethink its economic strategies in the face of global financial shifts. In a world increasingly defined by digital transformation, the concept of money and value storage is evolving rapidly. Africa is no stranger to commodity-based economies. From oil to gold, beef to cocoa, the continent has long relied on natural resources for economic sustenance. However, these commodities are fraught with…

Este artículo también está disponible en español. A well-known market analyst believes Bitcoin is on track to reach new highs this year. Tom Lee, the co-founder of Fundstrat Global Advisors, expects the cryptocurrency to do “better than $150,000” by the end of 2025. Related Reading His latest comments come as Bitcoin struggles with recent volatility but remains a popular investment choice among institutional and retail traders. The co-founder of Fundstrat expressed his opinions on CNBC’s Squawk Box, referencing a variety of favorable fundamentals for the price of Bitcoin. Bitcoin Volatility And Market Movements In recent months, the top coin has…

Bitcoin (BTC) mining stocks are struggling as declining cryptocurrency prices add further pressure to business models strained by the Bitcoin network’s April halving, according to a JPMorgan research note shared with Cointelegraph. Mining stocks tracked by JPMorgan collectively shed 22% in market capitalization in February as Bitcoin’s falling price eroded mining economics, the March 3 report said. Mining stocks such as Riot Platforms (RIOT), Bitdeer (BTDR), Marathon Digital (MARA) and Core Scientific (CORZ) reported their fourth-quarter 2024 earnings in February. Virtually all of them saw post-earnings stock price declines, including Core Scientific, which reported better-than-expected Q4 revenues. Bitcoin’s price versus the network’s…

On Mar. 4, the U.S. Senate released the Congressional Review Act to rescind a Biden-era regulation commonly known as the Broker DeFi Rule. This rule required decentralized finance platforms to share user data with the Internal Revenue Service. The CRA is set to cancel Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Assets Sales (or simply “Broker DeFi Rule”) was created by Sen. Ted Cruz and 13 cosponsors. The voting on the Rule cancellation was scheduled for Mar. 5, but it may occur later due to schedule conflicts. According to Cruz’s Statement of Administration Policy, the rule…

FLOKI has broken out of a year-long range and the price action looks headed towards a key support zone at $0.00002650. The most significant level is between $0.000024 and $0.000036, where 5.9K addresses hold 4.57T FLOKI. The memecoin market continues to face significant drops, with Floki [FLOKI] breaking out of a year-long range and now trending downward toward the key support level at $0.00002650. This level previously triggered a 913.93% rally in March 2024. The price is currently at $0.00007118, significantly lower than its last major peak, and appears to be testing structural weaknesses. Given the price’s consistent downward trajectory,…

New U.S. tariffs on China, Mexico, and Canada trigger geopolitical tensions, prompting retaliatory trade restrictions. VIX surges 54%, signaling heightened market fear and risk-off sentiment among investors. The cryptocurrency market took a sudden dive today, with Bitcoin [BTC] slipping to around $83,591 and losing most of the gains it made after Donald Trump announced plans for a U.S. strategic crypto reserve.  This downturn unfolded as financial markets reacted to heightened geopolitical tensions, newly imposed American trade tariffs, and China’s retaliatory measures against U.S. businesses. Tariff trouble: Was a crash inevitable? Trump’s suggestion of a U.S. crypto reserve had initially sent…

Bitcoin (BTC) mining stocks are struggling as declining cryptocurrency prices add further pressure to business models strained by the Bitcoin network’s April halving, according to a JPMorgan research note shared with Cointelegraph. Mining stocks tracked by JPMorgan collectively shed 22% in market capitalization in February as Bitcoin’s falling price eroded mining economics, the March 3 report said. Mining stocks such as Riot Platforms (RIOT), Bitdeer (BTDR), Marathon Digital (MARA) and Core Scientific (CORZ) reported their fourth-quarter 2024 earnings in February. Virtually all of them saw post-earnings stock price declines, including Core Scientific, which reported better-than-expected Q4 revenues. Bitcoin’s price versus the network’s…

Web3 TCG Parallel is set to expand with a mobile launch on iOS and Android on March 18.The announcement came alongside the conclusion of the Parallel League Championship in Las Vegas, where professional player Jaromír “Jarla” Vyskočil claimed victory and a $100,000 prize. The championship, held at the HyperX Arena, featured 16 top players competing for a $250,000 prize pool after months of qualification matches.Parallel Studios also used the event to unveil Parallel: Sanctuary—formerly codenamed Project Tau Ceti—a third-person extraction shooter set in the same universe as the trading card game. The expansion signals a broader strategy to grow the…

Story Protocol has announced a partnership with Oxford University on a research initiative to advance AI agent communication and negotiation capabilities.  The collaboration will focus on improving clarity in AI interactions and optimizing agent-to-agent negotiations, with developments feeding into Story’s Agent TCP/IP framework. Agent TCP/IP is designed to facilitate AI-driven transactions of intellectual property, enabling autonomous agents to exchange, license, and manage digital assets.  By integrating research from Oxford, Story aims to refine how AI agents communicate, ensuring smoother and more transparent exchanges. “We are able to accelerate towards a future where AI agents can collaborate and exchange IP autonomously,”…