Author: Yeek.io

The crypto market is back on the decline only a day after it received a much-needed boost from Trump’s crypto reserve announcement. Here’s why crypto is down today. According to data from crypto.news, the top six largest tokens by market cap have gone down in value in the past 24 hours, ranging from 7% to a 20% decline. The overall crypto market cap has plummeted by 10.4% to $2.8 billion. Just a day before, the crypto market cap surged to as high as $3.2 billion after President Donald Trump reaffirmed his commitment to establishing a national crypto reserve with major…

Bitcoin (BTC) faces ongoing bearish catalysts as traders run to safe havens such as gold, new analysis warns.In a dedicated X thread on March 4, trading resource The Kobeissi Letter announced a “global move” away from risk assets.Bitcoin “no longer viewed as safe haven play”Bitcoin and altcoins suffered as the US confirmed the start of fresh trade tariffs against Canada and Mexico, following stocks downhill.BTC/USD fell $10,000 over a 24-hour period, data from Cointelegraph Markets Pro and TradingView shows, erasing its entire relief rally amid buzz over a US strategic crypto reserve.While details of the latter are set to be…

Futures open interest in key cryptocurrencies has fallen sharply, indicating traders are reducing positions amid macroeconomic uncertainty. Crypto traders are scaling back long positions as uncertainty builds, with futures open interest dropping sharply amid trade war worries and the Fed’s tough stance. In a March 4 post on X, Singapore-based blockchain firm Matrixport revealed that Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) futures have seen a huge drop in open interest. “Notably, Ethereum’s open interest has dropped back to levels last seen in the summer of 2024. Despite Trump’s recent tweet about a potential Strategic Bitcoin Reserve and the upcoming…

The rise of artificial intelligence has led to countless new applications and use cases, from automated chatbots to complex robotics. MyShell aims to revolutionize the AI space by creating a decentralized AI consumer layer, bridging the gap between creators, users, and investors. With MyShell, developers can build sophisticated AI agents for various tasks, and everyday users can benefit from interactive experiences and open-source innovation. In this post, we’ll dive into what MyShell is, how it works, and why the SHELL token is central to its rapidly growing ecosystem.What is MyShell?MyShell is a decentralized AI ecosystem where creators, consumers, and open-source researchers…

The U.S. Securities and Exchange Commission’s new cryptocurrency task force will kick off a series of roundtables this month to clarify the “security status” of digital assets. Dubbed the “Spring Sprint Toward Crypto Clarity,” the series will begin on March 21 with a discussion titled “How We Got Here and How We Get Out – Defining Security Status,” a March 3 SEC press release from the agency said. The event will take place at the SEC’s Washington, D.C., headquarters and will be open to the public, though space for in-person attendance is limited. The roundtables are part of a broader…

Manchester health and sports tech startup Prorizon has raised £400K in a pre-seed funding round, led by GC Angels in partnership with an Innovate UK Investor collaboration with the Department for Digital, Culture, Media, and Sport (DCMS) and other angel investors. The funding will speed up the development of Prorizon’s AI-driven Digital Twin platform aimed at optimizing mental and physical performance management through data-driven, personalized interventions. AI-Powered Stress and Performance Management: Prorizon’s pioneering platform utilizes biopsychosocial information in offering real-time analytics and prescriptive interventions for enabling people to track and tackle both physical as well as mental stress. Integrated with…

PI faced resistance near $1.75 amid weak buying pressure. Market uncertainty persisted as Binance’s listing delays affected sentiment. Pi Network [PI] showed increased price fluctuations at press time, reflecting shifts in market sentiment. The token traded at $1.67, with a 2.28% daily increase and a market cap of $11.41 billion. Despite a 2.15% drop in trading volume, PI has remained stable within a key price range. Support was forming between $1.51 and $1.66, with signs of accumulation. If buyers gain momentum, the price could break above $1.75, potentially pushing toward $1.90. However, failure to sustain support might lead to another…

US presidential son Eric Trump urged the traditional financial sector and Wall Street to evolve and embrace cryptocurrencies before they get left behind. Trump made the remark after his father, US President Donald Trump, announced that the US government is moving towards the creation of a Strategic Crypto Reserve. Cryptos Are Imperative Trump believed that it is imperative for traditional financial institutions to adopt cryptocurrencies, arguing that the evolution of finance revolves around digital assets. The Executive Vice President of the Trump Organization told Wall Street that it should adopt cryptocurrencies or “become extinct,” adding that cryptos like Bitcoin are…

Despite the drop, a CryptoQuant analyst known as Banker believes this pullback could signal a bullish rebound. The analyst pointed to three key indicators suggesting Bitcoin might recover soon.One of the leading indicators is a decline in Bitcoin’s open interest. Figures show open interest decreased by 14.42% on March 1. This is evidence of fewer traders with futures or options contracts, which is perhaps a sign of a reducing market leverage. Historically, these declines provide the buyers with the chance to buy at lower prices.The other pointer is the Crypto Fear and Greed Index that reads 15 currently, meaning investors…

MetaMask has issued a statement on platform X, making it clear that any project related to the trading or pre-market trading of the MetaMask token ($MASK) is not affiliated with Consensys.No MetaMask Airdrop or Token ExistsMetaMask has firmly stated that it has not launched any official token. On its verified X account, the company emphasized that there is no such thing as a MASK token and warned users about fraudulent claims suggesting otherwise. Despite these clarifications, misleading advertisements and promotions continue to circulate, promoting speculative platforms that have no official ties to Consensys.Please be aware that projects indicating trading, or…