Author: Yeek.io

Bitcoin flirted around with the magic $100K number for a couple of months before selling off and falling all the way to $80K this week. This caused some investors to panic and rethink their bullish sentiment, but all’s not lost for crypto enthusiasts. A recent Matrixport analysis says that although the current market dump might last a little bit longer, all the way through March and into April, that’s not exactly an issue considering the long-term potential Bitcoin’s been showing. Let’s unpack why the current Bitcoin correction isn’t necessarily negative, or even unprecedented. Reasons for Bitcoin Falling Right off the…

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…

On February 28, 2025, the U.S. Securities and Exchange Commission (SEC) made an announcement that has had a significant impact on the crypto market: meme coins are not classified as securities. The SEC’s Official DeclareSEC announcement marks a significant moment for the crypto community, particularly for fans of popular meme-based digital assets like Dogecoin and Shiba Inu.According to SEC, meme coins do not include the offering and selling of securities under federal securities regulations. This decision suggests that these tokens, often created as jokes or internet phenomena, lack the characteristics typically associated with securities. The decision offers guidance for developers, investors,…

The hacker behind the $1.4 billion Bybit exploit has laundered more than $335 million in digital assets, with investigators continuing to track the movement of stolen funds. Crypto investor sentiment was hit by the largest hack in crypto history on Feb. 21, when Bybit lost over $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH (mETH) and other digital assets.Onchain data shows that the hacker has moved 45,900 Ether (ETH) — worth about $113 million — in the past 24 hours, bringing the total amount laundered to more than 135,000 ETH, valued at $335 million.That leaves the hacker with about…

AI agent token creation rate dropped by 99.5%, signaling a cooling market for AI-driven projects Memecoins, buoyed by SEC clarity, are regaining traction, with Solana’s ecosystem set to benefit AI agent tokens, once the darlings of the crypto world, have taken a nosedive – Daily token creation is down a staggering 99.5% since December. Meanwhile, memecoins are making a sneaky comeback, riding high on renewed hype and a game-changing SEC ruling that spares them from the securities label. As AI enthusiasm wanes and traders shift gears, Solana’s [SOL] ecosystem seems ready to cash in. Is this a flash in the…

Memecoins, once seen as community-driven digital assets, are increasingly being used to exploit retail investors, with a growing number of scams and failed celebrity-backed tokens raising regulatory concerns.The $4 billion collapse of the Libra (LIBRA) token, which was endorsed by Argentine President Javier Milei, is the latest blow to the sector after eight insider wallets cashed out $107 million in liquidity, leading to a price decline of 94% within hours of its launch.The rise of memecoin-related scams presents significant regulatory challenges, according to Anastasija Plotnikova, co-founder and CEO of blockchain regulatory firm Fideum.Source: Kobeissi Letter“Memecoins have evolved from community-driven social…

Bitcoin may see a brief correction to the $72,000 support as an imminent market recovery remains limited by a lack of crypto investor sentiment, which has dropped to lows not seen since 2022.Bitcoin (BTC) price hit an over three-month low of $78,197 on Feb. 28, falling over 28% from its record high of over $109,000 reached on Jan. 20.Bitcoin may experience a deeper retracement toward the “low $70,000’s range as the market repositions,” according to Iliya Kalchev, dispatch analyst at digital asset investment platform Nexo.BTC/USD, 1-day chart. Source: TradingView/CointelegraphYet, a “significant drop below $75,000 seems less likely,” the analyst told…

Bitcoin may see a brief correction to the $72,000 support as an imminent market recovery remains limited by a lack of crypto investor sentiment, which has dropped to lows not seen since 2022.Bitcoin (BTC) price hit an over three-month low of $78,197 on Feb. 28, falling over 28% from its record high of over $109,000 reached on Jan. 20.Bitcoin may experience a deeper retracement toward the “low $70,000’s range as the market repositions,” according to Iliya Kalchev, dispatch analyst at digital asset investment platform Nexo.BTC/USD, 1-day chart. Source: TradingView/CointelegraphYet, a “significant drop below $75,000 seems less likely,” the analyst told…

As Bitcoin reclaims the $85K level, investors are scrambling to buy a new meme coin called BTC Bull Token ($BTCBULL), which is currently undergoing a presale.The project has already raised $3 million, with investors excited about its industry-first use case: paying holders Bitcoin rewards.Bitcoin traded at what could be its lowest price in 2025 on Friday, tapping $78.4K before bulls quickly swooped in. Now, it’s up 7% in 24 hours, and it’s clear that traders are eyeing the $90K to $100K range again.But as Bitcoin rebounds, smart investors are taking positions in BTC Bull Token, knowing that they will earn…

Roger Ver, also known as “Bitcoin Jesus,” has been at the center of a high-profile case, with many calling for his pardon. In a recent development, Ethereum founder Vitalik Buterin expressed support for Ver, urging the government for his release. However, DOGE agency’s Elon Musk has reversed his stance on Roger Ver’s pardon. He argued that Ver is no longer eligible for a presidential pardon since he renounced his US citizenship. Vitalik Buterin Supports Bitcoin Jesus, Calls for Pardon Notably, Vitalik Buterin, the Ethereum blockchain’s co-founder, is raising concerns over Roger Ver’s politically motivated prison sentence. In his latest X…