Author: Yeek.io

In a recent statement, the US Securities and Exchange Commission (SEC) provided insights into the classification of memecoins within the context of federal securities laws.  This move, a part of the SEC’s attempt to make clear how these regulations apply to different assets, could prove to be a significant victory for these altcoins and the exchange-traded funds (ETFs) that have been filed with the regulator. Memecoins Not Subject To Federal Securities Laws According to the SEC’s criteria, a memecoin is generally characterized as a type of cryptocurrency that draws inspiration from internet memes, cultural phenomena, or current events, with promoters…

Este artículo también está disponible en español. In his latest video update, long-time market analyst and self-described “four-year cycle” trader Bob Loukas delivered a breakdown of Bitcoin’s current trajectory. Despite a roughly 22% pullback from its recent all-time high, Loukas asserts that the leading cryptocurrency’s price action remains “nothing we have not seen before.” Loukas opened his video by acknowledging growing anxiety among traders following Bitcoin’s drop from around $110,000 to the mid-$80,000 range. However, he emphasized that such swings are a natural part of Bitcoin’s characteristic volatility. “As I record this video Bitcoin’s at $87,000, down from an all-time high…

Are you watching the price of VeChain VET and doubting whether it is a good investment? As illustrated in Chart 1, on February 27, the VET trading day started with a brief fall. But at 00:30 UTC, the VET price established an upward trajectory, projecting a bullish trend. But at 06:50 UTC, VET attempted to break the $0.02926 key resistance. Conversely, at 07:00, VET encountered an RSI Overbought condition, indicating a possible downtrend. Likely, VET breached a short breakout and pulled back below the key resistance of $0.02926. If VET holds above the key resistance, it could encounter robust bull…

Ripple Labs has signed a strategic partnership with BDACS, a South Korean digital asset custody provider, to support institutional custody for XRP and Ripple USD.The partnership, announced on Feb. 26, will enable BDACS to integrate Ripple Custody, the company’s institutional crypto and digital asset custody solution, to safeguard XRP (XRP), Ripple USD (RLUSD) and other crypto assets for financial institutions in South Korea.Source: RippleRipple president Monica Long highlighted the importance of institutional-grade custody amid growing enterprise interest in crypto.“South Korea is gearing up for a wave of institutional crypto adoption — very excited for Ripple Custody to plant another flag…

The decentralized perpetual futures trading sector has a new leader: Hyperliquid (HYPE). Launched in December 2024, Hyperliquid has its own Layer-1 blockchain, which has surpassed Solana in 7-day fees. What’s fueling its rapid growth, and how does HYPE compare relative to Solana’s native token SOL (SOL)?Protocols ranked by 7-day fees, USD. Source: DefiLlamaHyperliquid’s core offering is its perpetual futures DEX, which enables traders to access up to 50x leverage on BTC, ETH, SOL, and other assets. It features a fully onchain order book and zero gas fees. Unlike Solana, which supports a broad range of decentralized applications (DApps), Hyperliquid’s layer-1 is…

Texas Senate Bill 21 (SB-21), establishing a Bitcoin and cryptocurrency strategic reserve, passed the Texas Senate Banking Committee on Feb. 27 in a 9–0 vote and now advances to the Senate floor for further deliberation.The bill gives the Texas Comptroller of Public Accounts the authority to acquire, sell and trade any investment “that a prudent investor exercising reasonable care, skill, and caution would acquire.” The bill also read:“Bitcoin and other cryptocurrencies can serve as a hedge against inflation and economic volatility, and the establishment of a strategic bitcoin reserve serves the public purpose of providing enhanced financial security to residents…

The decentralized perpetual futures trading sector has a new leader: Hyperliquid (HYPE). Launched in December 2024, Hyperliquid has its own Layer-1 blockchain, which has surpassed Solana in 7-day fees. What’s fueling its rapid growth, and how does HYPE compare relative to Solana’s native token SOL (SOL)?Protocols ranked by 7-day fees, USD. Source: DefiLlamaHyperliquid’s core offering is its perpetual futures DEX, which enables traders to access up to 50x leverage on BTC, ETH, SOL, and other assets. It features a fully onchain order book and zero gas fees. Unlike Solana, which supports a broad range of decentralized applications (DApps), Hyperliquid’s layer-1 is…

Quick take: The crypto lender currently offers home improvement loans, business loans and debt consolidation services. It also allows crypto investors to use the digital assets as collateral for loans. This investment expands Sixth Street’s presence in fintech after backing consumer lending platform Affirm in a $4 billion deal in December. Figure Lending, a fintech platform that offers credit solutions to both traditional and crypto investors, has received a $200 million investment from U.S. investment management firm Sixth Street. Wall Street Journal reported on Thursday that the investment will allow Figure to issue up to $2 billion in loans and…

In the post-mortem of the $1.5 billion Bybit hack, two blockchain research organizations — Nansen and Chainalysis — have revealed the Lazarus Group’s money laundering strategy, which includes swapping illiquid assets for liquid assets, creating a complex money trail, and letting certain wallets sit dormant to let scrutiny die down.According to Nansen, the typical Lazarus Group strategy first involves swapping the illiquid assets into those that are more fungible and, therefore, easier to move. After the Bybit hack, the perpetrator converted at least $200 million in staked tokens into Ether (ETH), which can be moved much more easily onchain.After this…

Online payments giant PayPal is reportedly eyeing to expand the user base of its US-dollar-backed stablecoin by integrating the asset into several of its products this year. Bloomberg reports that the California-based firm is targeting its more than 20 million small-to-medium-sized merchants to use PayPal USD (PYUSD) by giving them the option to use the stablecoin to pay vendors through the company’s bill-pay product that will be launched by the end of 2025. PayPal’s small business and financial services group general manager Michelle Gill says the idea is to encourage merchants to invite their vendors to use the PayPal network…