Author: Yeek.io

Stablecoin issuers worldwide should be required to register with US authorities, according to Jeremy Allaire, co-founder of Circle, the company behind the world’s second-largest stablecoin.US legislators should introduce mandatory registration requirements for firms issuing US dollar-based stablecoins, such as Circle’s USD Coin (USDC), regardless of the company’s physical location, Allaire said.Citing consumer protection, Allaire argued that US dollar-based stablecoin issuers should not get a “free pass,” enabling them to “ignore the US law and go do whatever the hell you want wherever and sell into the United States.” Allaire told Bloomberg:“Whether you are an offshore company or based in Hong…

A popular crypto strategist says that the altcoins currently showing market strength despite Bitcoin’s (BTC) downturn may spearhead the next digital asset rally. Pseudonymous analyst Credible Crypto tells his 463,000 followers on the social media platform X that payment tokens Litecoin (LTC) and XRP may soon be top market performers as they hold key support levels above recent low prices despite Bitcoin’s price collapse this week. “At this time, for the the first time in a while, select alts are holding their own against prior lows while BTC has nuked below its own relative range lows. Look for those alts…

Head of Macro Research at Global Market Investor Julien Bittel has provided an interesting insight into the Bitcoin market following a major price loss in the past week. In a bold move, the financial analyst has backed the premier cryptocurrency to soon pull off a rebound linking the recent price fall to broader macroeconomic conditions. Why Bitcoin’s Drop Below $80,000 Could Have Marked The End Of The Sell-Off Over the past week, the BTC market registered a significant bearish price action, with prices falling from over $96,000 to below $80,000. In an X post on February 28, Bittel attributed this…

Bitcoin’s price continues its decline, falling farther from its March all-time high of $109,000. Currently trading below $82,000, the cryptocurrency has experienced a significant 24.6% drop. Amid this bearish trend, CryptoQuant contributor EgyHash has highlighted a troubling development on Binance that could further pressure Bitcoin’s price. Bearish Sentiment Takes Hold EgyHash notes that Binance, one of the world’s largest crypto exchanges, is seeing a steady rise in key metrics that indicate growing sell-side activity. According to EgyHash, the 7-day moving average of mean coin inflows into Binance is increasing, signaling that investors are making larger, more frequent deposits. This uptick…

Everyone’s looking for the next crypto to hit $1, and if you’re serious about finding a gem before it takes off, let’s talk about Dawgz AI. This meme coin isn’t just for laughs – it’s got real world utility with AI trading bots that run 24/7 to maximize gains. With a strong loyal community, low market value, and solid future growth potential, it’s got all the key factors of a breakout token.“$DAGZ is only the start. I love watching my bag grow while doing nothing!” – Jake S.Let’s dive into why this could be the next crypto to hit big! The Crypto World…

Ethereum-based cryptocurrency wallet MetaMask is expanding its fiat off-ramp services to support 10 additional blockchain networks. The move, in partnership with payments provider Transak, is aimed at simplifying the process of converting digital assets into traditional currency.MetaMask users were previously forced to swap assets into Ether (ETH) tokens before being able to convert them into fiat money, adding extra steps and transaction fees.However, as part of MetaMask’s ongoing partnership with Transak, the wallet will add support to a total of 10 new networks: the Arbitrum mainnet, Avalanche C-Chain mainnet, Base, BNB Chain, Celo, Fantom, Moonbeam, Moonriver, Optimism and Polygon.The first…

An additional decline is underway as TRUMP breaches a consolidation phase. On-chain and technical indicators add to the tendency of a likely price drop. Official Trump [TRUMP] recorded one of the steepest losses in the market, dropping 13.46% and bringing its price to the $11 region, at press time. This follows an extremely poor performance from the asset over the past week and month, with declines of 32.07% and 59.41%, respectively. Interestingly, a fractal pattern TRUMP has been trailing suggests the asset’s price could slide even lower, below the $10 region. TRUMP’s fall to a single-digit figure—$8 At the time…

Este artículo también está disponible en español. Earlier today, Bitcoin (BTC) dropped below $80,000 for the first time in over three months. According to data from Binance, BTC hit a low of $78,258, filling the Chicago Mercantile Exchange (CME) gap between $78,000 and $80,000. Bitcoin Fills CME Gap, Is It Time For Rebound? With today’s dip, BTC has now filled every CME gap since March 2024. At the time of writing, the leading cryptocurrency is trading in the low $80,000 range. Related Reading For the uninitiated, the CME gap refers to the price difference that occurs on the CME Bitcoin…

States are likely to adopt Bitcoin (BTC) reserves before the US federal government does, Senator Cynthia Lummis reportedly said on Feb. 28 during the Bitcoin Investor Week conference in New York. “My bets are that you’ll see a state have a Bitcoin strategic reserve before the federal government,” Lummis said, according to a Bloomberg report. In July 2024, Lummis, a Wyoming Republican, proposed legislation that would require the US federal government to create a national Bitcoin stockpile. Her bill, dubbed the BITCOIN Act, calls for the US Treasury Department to gradually accumulate 1 million BTC, ultimately acquiring “a total stake of approximately 5%…

Even when the market is down, some cryptocurrencies have the potential for huge returns. Finding the right digital coins now could lead to extraordinary gains later. This article looks at three promising tokens that might turn a small investment into a remarkable profit. Discover which assets could be the hidden gems that defy the bear trend.XYZVerse: The Meme Coin Powerhouse You Can’t Afford to Sit Out!XYZ is your all-access pass to the most electrifying sports-meets-memes revolution in crypto. It’s the MVP of the XYZVerse ecosystem, where meme coin enthusiasts can score big as demand skyrockets.But every movement needs a leader—a…