Author: Yeek.io
US Securities and Exchange Commission Commissioner Caroline Crenshaw issued a dissenting opinion on the SEC’s recent stance that memecoins are not securities.According to the commissioner’s Feb. 27 statement, memecoins could satisfy the Howey test’s condition of profiting from the managerial efforts of others due to the coordination between developer teams and promoters.The commissioner added that most, if not all, cryptocurrencies could be defined as memecoins under the SEC’s recent guidance, which was released on the same day. In this guidance, the agency stated that memecoins represent online social trends with speculative value and high volatility — and are not securities.…
The year 2025 has not exactly gone as planned for the crypto industry, as bearish pressure continues to envelop the market. Following the recent downturn that shook the crypto market, the Bitcoin price is now trading nearly 25% beneath its all-time high. According to data from CoinGecko, the price of Bitcoin is down by roughly 12% in the past seven days. What’s worse is that the latest price data suggests that the decline might not yet be over for the premier cryptocurrency. The Current Outlook For BTC Price In a February 28 post on social media platform X, crypto analyst…
Tron (TRX) is demonstrating its status as a dominant force in the realm of altcoin transactions. The network has established itself as one of the busiest blockchain networks by capturing a significant 42% proportion of all altcoin transactions. Tron’s dominance is becoming increasingly apparent due to its expanding role in decentralized finance (DeFi) and its efficient system for managing Tether (USDT) transfers. Tron’s Position In The Altcoin Market Tron has established itself as the foundation for stablecoin transfers, processing millions of transactions each day. The blockchain is a critical factor in the growth of its market share, as it processes…
HBAR’s 10% hike was contrary to the broader market’s pullback If bullish sentiment continues to prevail, HBAR could head to $0.25 While most of the crypto market saw a slight pullback during the last trading session, Hedera [HBAR] emerged as one of the few assets maintaining its upward trajectory. Over the last 24 hours alone, HBAR gained significant traction by climbing by 27% on the charts. All while other altcoins struggled to hold their positions. HBAR’s price action – Sustained gains in a weak market HBAR’s latest price movement highlighted its strength against the broader market’s downturn. At the time…
The US spot Bitcoin exchange-traded funds recorded a $94.3 million inflow on Feb. 28 — breaking eight consecutive days of outflows as Bitcoin made a partial recovery toward $85,000.The ARK 21Shares Bitcoin ETF (ARKB) and Fidelity Wise Origin Bitcoin Fund (FBTC) led the way with $193.7 million and $176 million in net inflows respectively, Farside Investors data shows.ARKB and FBTC’s combined $369.7 million inflow more than covered the $244.6 million outflow from BlackRock’s iShares Bitcoin Trust ETF (IBIT), while the Bitwise Bitcoin ETF (BITB) and the Grayscale Bitcoin Mini Trust ETF (BTC) saw $4.6 million and $5.6 million in net…
The US spot Bitcoin exchange-traded funds recorded a $94.3 million inflow on Feb. 28 — breaking eight consecutive days of outflows as Bitcoin made a partial recovery toward $85,000.The ARK 21Shares Bitcoin ETF (ARKB) and Fidelity Wise Origin Bitcoin Fund (FBTC) led the way with $193.7 million and $176 million in net inflows respectively, Farside Investors data shows.ARKB and FBTC’s combined $369.7 million inflow more than covered the $244.6 million outflow from BlackRock’s iShares Bitcoin Trust ETF (IBIT), while the Bitwise Bitcoin ETF (BITB) and the Grayscale Bitcoin Mini Trust ETF (BTC) saw $4.6 million and $5.6 million in net…
Ronin Network is an EVM-compatible Layer 1 blockchain focused on gaming backed by Sky Mavis, well-known for Axie Infinity P2E game. It aims to become the ultimate all-in-one infrastructure that helps blockchain games thrive. Ronin Review: Key Features Ronin infrastructure is built for scalability, affordability and smooth user experience, making it the go-to platform for in-game transactions. Scalability & Gaming Optimization Ronin is designed to handle massive in-game transactions smoothly, making it a top pick for Web3 games. At its peak, it processed 15% of the world’s NFT trading volume and supported millions of daily users in the Axie Infinity…
At present, Dogecoin (DOGE) is trading at $0.20233 after a 0.25% increase over the last 24 hours, although it has fallen by 18.36% in the past week. This mixed performance shows the volatile nature of meme coins, where short-term gains can be quickly offset by longer-term corrections. Dogecoin Price Analysis Dogecoin’s current price of $0.20233 shows a short-term recovery, as indicated by a slight 0.25% gain in the last 24 hours. However, the token has experienced an 18.36% drop over the past 7 days—a signal that the broader trend remains bearish. This week-long decline may be attributed to profit-taking and…
Tezos has experienced big price dips but investors are still optimistic in this blockchain network’s native token. Will it survive and recover its price in the future, let’s find out. The native token of Tezos (XTZ) is currently trading at $0.765 which is about a 21.90% drop from its previous weekly high of $0.920. Its current market cap stands at $801.94 million with a 24-hour trading volume of $34.63 million. Tezos chart, March 01 2025 | Source: crypto.news In this article, we’ll discuss the Tezos price prediction by giving you its short and price forecasts, and explore whether this coin…
Whale behavior in the Solana market is causing yet another ruckus, but in a good way. The token’s value climbed 9%, reaching roughly $137. A large numbers of moneyed people, “whales” they are called, is gobbling up huge amounts of the Solana crypto. Technical signals suggest a strong momentum and growing open interest, keeping traders upbeat and glued on their celphone or PC screens. Whale Invests Millions Of Dollars In SOL One major investor purchased 50,000 SOL, worth nearly $7 million, data from Lookonchain shows. There were other whales that staked 41,096 SOL, or $6.90 million. By reducing the amount…