Author: Yeek.io

Bitcoin (BTC) recrossed $82,000 into the Feb. 28 Wall Street open as analysis pointed to a March BTC price comeback.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price pushes past $82,000 on PCE reliefData from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing more than 5% from its latest multimonth lows of $78,197 on Bitstamp.Ongoing selling pressure only eased as the latest US macroeconomic data conformed to expectations on inflation.The January print of the Personal Consumption Expenditures (PCE) index, known to be the Federal Reserve’s “preferred” inflation gauge, came in at 0.3% and 2.5% month-on-month and year-on-year, respectively.Markets immediately sensed relief after several…

Bitcoin (BTC) recrossed $82,000 into the Feb. 28 Wall Street open as analysis pointed to a March BTC price comeback.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price pushes past $82,000 on PCE reliefData from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing more than 5% from its latest multimonth lows of $78,197 on Bitstamp.Ongoing selling pressure only eased as the latest US macroeconomic data conformed to expectations on inflation.The January print of the Personal Consumption Expenditures (PCE) index, known to be the Federal Reserve’s “preferred” inflation gauge, came in at 0.3% and 2.5% month-on-month and year-on-year, respectively.Markets immediately sensed relief after several…

The Ethereum Foundation has announced that the audit of the Pectra system contracts has resolved all identified issues.The Ethereum Foundation has just revealed the results of the audit conducted on the Pectra system contracts, covering three of its Ethereum Improvement Proposals (EIPs)—EIP-2935, EIP-7002, and EIP-7251—out of the 11 included in Pectra. According to the foundation, all significant issues identified during the review have been resolved. The primary objective of the audit was to assess potential vulnerabilities within the contracts and ensure that the contract logic aligns with the intended functions outlined in the Ethereum Improvement Proposals. The Pectra upgrade, which…

As Ethereum gears up for security updates, co-founder Vitalik Buterin draws the community’s attention to crypto losses caused by non-theft issues. Buterin asserts that wallet providers must develop solutions to prevent and mitigate losses resulting from traders’ negligence and accidents. Notably, Vitalik Buterin’s reminder comes amid Ethereum’s Pectra upgrade updates and the recent security audit release. Ethereum conducted a major security review through multiple audits and a formal verification process. Wallet Solutions Must Address Non-Theft Crypto Losses, Says Vitalik Buterin In a recent X post, Vitalik Buterin, the co-founder of Ethereum blockchain, emphasized the significance of mitigating crypto losses caused…

Pump.fun’s protocol fee revenue has plummeted by 92% as activity on the platform waned in the wake of the recent controversies. Pump.fun’s protocol fee revenue has declined by 92%, falling from its peak of $15.38 million on Jan. 25 to just $1.1 million today, according to DefiLama. This sharp decline in revenue comes as the broader activity on Pump.fun and the Solana (SOL) network has slowed in the wake of the recent events in the meme coin space, most notably the LIBRA fiasco involving Argentine President Javier Milei.  Source: DefiLama Apart from the fee revenue, token launches on Pump.fun have…

Following LINK’s latest drop, only 24.96% of holders were in profit, while 74.74% were facing losses Intraday traders might be over-leveraged at $13 on the lower side and $14.82 on the upper side Following a 12% price drop, Chainlink’s native token lost a crucial support level at $14.85. This level was where 17,000 investors and long-term holders accumulated 73.5 million LINK tokens. Now, their holdings have turned red, according to the on-chain analytics firm IntoTheBlock. 75% of LINK investors see red After the loss of the $14.85-level, LINK has paved the way for a further price drop on the charts.…

DekaBank has partnered with Boerse Stuttgart Digital to launch cryptocurrency trading services for institutional investors. The collaboration enables DekaBank to leverage Boerse Stuttgart Digital’s regulated brokerage and custody infrastructure, ensuring a secure and compliant entry into the crypto market. The partnership follows Boerse Stuttgart Digital Custody’s recent approval under the EU’s Markets in Crypto-Assets framework. The regulatory clarity provided by MiCA allows financial institutions like DekaBank to integrate digital assets into their service offerings while maintaining strict compliance standards. DekaBank, a key player in Germany’s financial sector and part of the Sparkassen group, has received a crypto custody license from…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…

Ethereum price has crashed, making it one of the worst-performing blue-chip cryptocurrencies in February. Ethereum (ETH) dropped to a low of $2,075, its lowest level since January 2024 and about 50% below its highest level in November 2023. The ongoing decline has broken the second-largest cryptocurrency’s six-year track record. This marks the first February decline for Ethereum since 2018 and its worst February performance on record. Ethereum seasonality | Source: CoinGlass Ethereum’s decline has been more severe than that of its largest rivals. Bitcoin (BTC) has fallen by 25% from its highest level this year, while Ripple (XRP) is down…

The Hong Kong arm of ChinaAMC has introduced a tokenized money market fund in a bid to expand blockchain-based investment options for retail investors. China Asset Management (Hong Kong), a subsidiary of one of China‘s largest fund houses, has launched Hong Kong‘s first retail tokenized money market fund in a collaboration with Hong Kong-based crypto exchange OSL. The so-called ChinaAMC HKD Digital Money Market Fund, approved by the Securities and Futures Commission, offers retail investors blockchain-based access to money market assets, the South China Morning Post reports. Standard Chartered Bank (Hong Kong) serves as the tokenization agent, digital platform operator,…