Author: Yeek.io

The United States Senate will vote this week on a resolution seeking to overturn the Internal Revenue Service’s crypto reporting rule, which industry players argue threatens the decentralized finance sector. Reports that U.S. senators were looking to overturn the IRS rule emerged at the end of February. In addition to the IRS crypto rule, lawmakers are also targeting the Consumer Financial Protection Bureau rule, which focuses on digital payment applications, for removal. Senator Ted Cruz recently introduced the resolution against the IRS rule under the Congressional Review Act, while Senator Pete Ricketts introduced a separate resolution to challenge the CFPB…

Cryptocurrency markets surged following US President Donald Trump’s announcement of a potential strategic crypto reserve, but analysts cautioned that the rally may be short-lived.On March 2, Trump said his Working Group on Digital Assets had been directed to include three altcoins — XRP (XRP), Solana (SOL) and Cardano’s ADA (ADA) — in the US crypto reserve, Cointelegraph reported. The reserve will “obviously” also include Bitcoin (BTC) and Ether (ETH), Trump added in another post on Truth Social.The announcement triggered a marketwide rebound, with the global crypto market cap rising nearly 7% to $3.04 trillion, while Bitcoin breached the $95,000 psychological…

Este artículo también está disponible en español. Cardano recent price surge has been nothing short of impressive, with ADA climbing steadily to challenge the $1.17 resistance level, a key psychological and technical barrier. Overbought conditions often precede a period of consolidation or correction, as traders take profits and the market seeks equilibrium. For ADA, this could mean a temporary slowdown or pullback from the $1.17 resistance, especially if buyers fail to muster enough strength to break through this stubborn level. On the other hand, a successful breach could open the door for further gains, potentially propelling ADA toward higher price targets.…

Bitcoin (BTC) sold off at the Mar. 3 Wall Street open as US trade tariffs kept risk-asset traders on their toes.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin braces for Trump “investment announcement”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping below $90,000, shedding up to 5% on the day.Initial excitement over the prospect of a US strategic crypto reserve saw weekly highs before sell-side pressure kicked in as TradFi returned.A suggestion from US Commerce Secretary Howard Lutnick on CNN that President Donald Trump should decide on tariffs against Canada later on in the day contributed to a nervous open for stocks.Bitcoin’s…

Ethereum has experienced a massive price surge, jumping from the $2,200 level to $2,500 in just a few hours. This comes after a period of extreme selling pressure that saw ETH drop as low as $2,080 on Friday, leading analysts to expect further declines. However, the market quickly reversed following a major announcement from President Trump regarding a U.S. Crypto Strategic Reserve, which includes Ethereum. This unexpected news triggered a strong reaction across the crypto market, with ETH reclaiming key levels and fueling optimism among investors. The move has shifted sentiment, as traders now speculate on whether Ethereum can continue…

Homepage > News > Business > Last Week in AI: DOGE uses AI for gov’t; Amazon launches Alexa How DOGE is using AI to downsize the government Elon Musk’s DOGE is allegedly using artificial intelligence (AI) in its mission to reduce the size of the federal government. According to recent reports, Musk—who recently sent an email to federal employees asking them to list five things they accomplished that week—plans to feed those responses into a large language model (LLM) to determine whether their work is mission critical. The email request was utterly trivial, as the standard for passing the test…

Fartcoin has surged by 32.69% over the past 24 hours. Amidst a surging speculative demand with good news for crypto markets, FARTCOIN has capitalized. As the crypto market recovered following Trump’s announcement of a crypto reserve, Fartcoin [FARTCOIN] made a strong upswing. Notably, the memecoin spiked from a low of $0.23 to $0.36, rising by 32.69% in 24 hours. This has left Fartcoin as the top gainer among memecoins. Over the same period, the memecoin’s trading volume surged by 266.51% to $193.91 million, while Open Interest surged by 14% to $157.8 million. Prior to these gains, Fartcoin had been under…

After BNB broke an ascending trendline, the price saw a sharp drop that touched the $500 level. An insider on Ronaldinho’s STAR10 meme on the BNB chain made a profit of $4.94 Million. Binance Coin [BNB] recently broke it’s ascending trendline, triggering a sharp decline that tested the $500 level before bouncing back to the $560 support zone. The breakdown of the trendline led to rapid price swings between $732 and $500, where BNB currently trades. The price is now forming a potential double-bottom pattern, indicating a possible trend reversal if it can sustain levels above $560 and push toward…

Bitcoin (BTC) sold off at the Mar. 3 Wall Street open as US trade tariffs kept risk-asset traders on their toes.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin braces for Trump “investment announcement”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping below $90,000, shedding up to 5% on the day.Initial excitement over the prospect of a US strategic crypto reserve saw weekly highs before sell-side pressure kicked in as TradFi returned.A suggestion from US Commerce Secretary Howard Lutnick on CNN that President Donald Trump should decide on tariffs against Canada later on in the day contributed to a nervous open for stocks.Bitcoin’s…

How SocialFi WorksDecentralized social networking websites enable Web3 content authors and crypto personalities to monetize their audience independently without the aid of third-party advertises. Decentralized websites usually incentivize users with token rewards for authoring, sharing, or posting comments about material.Social Tokens and Community EngagementOne popular feature of SocialFi platforms is the introduction of social tokens. These are virtual resources tied to a creator or community. They can be bought by fans to support their favorite creators or access special content and events. Social tokens also let creators raise funds directly from their community without sponsorships or ads.Tokenized communities foster increased…