Author: Yeek.io

Homepage > News > Finance > Namibia doesn’t need a CBDC: IMF There isn’t a strong case for issuing a retail central bank digital currency (CBDC) in Namibia, and the central bank should focus on promoting existing payment improvements, the International Monetary Fund (IMF) says. A mission from the IMF was in Namibia in January, and in a recent report, it advised against pursuing a sovereign digital currency for retail consumers. “As the mission did not find a strong support for rCBDC issuance to address gaps in payments, it recommends against pursuing advanced technological exploration beyond proof-of-concept until tangible benefits…

Journalist Posted: February 19, 2025 BONK’s breakout targets a 271% rally—will buyers step in, or is another drop coming? Traders eye $0.0000091 support as analysts predict a potential bounce for BONK’s next move. Memecoins have struggled in recent weeks, and BONK has been no exception, experiencing a -8.61% decline over the past seven days. However, recent price action suggested a possible shift in momentum.  BONK was trading at $0.00001584 at press time, with a 24-hour trading volume of $115.73 million and a market cap of $1.22 billion. BONK breaks out of downtrend The BONK/USDT daily chart showed a breakout from…

Journalist Posted: February 19, 2025 SUI’s price action on the daily chart showed the $3 support was a must-defend zone. The steady losses in recent weeks and a lack of bullish conviction could see prices fall to $2.43. Sui [SUI] was retesting the psychological $3 support level once again. It had previously tested this level as support a week ago, before bouncing nearly 20% to reach the $3.6 supply zone. Such a bounce might not repeat itself immediately, given the state of the rest of the market. Liquidity beckons SUI lower Source: SUI/USDT on TradingView The price action on the…

The Elon Musk-led US Department of Government Efficiency (DOGE) has set its eyes on conducting an in-depth investigation on the Securities and Exchange Commission (SEC) as part of the agency’s target to cut government wastage of funds. Some analysts speculated that the DOGE’s scrutiny of the regulatory body could impact the lawsuit faced by crypto firm Ripple, which might end up with SEC withdrawing the case against the firm.   Probe On SEC The official DOGE-SEC account on X announced that the government efficiency department would initiate an investigation against the SEC, seeking public assistance in reporting possible wrongdoing of the…

What Are Blockchain Domains?Blockchain domains work just like regular web domains, however they are stored on blockchain networks rather than being controlled by a centralized body like ICANN. Blockchain domains serve as virtual identities that let users access decentralized websites and send and receive cryptocurrency more easily.The two most well-known blockchain domain extensions are:.ETH – Managed by the Ethereum Name Service (ENS), .ETH domains operate on the Ethereum blockchain..BTC – Used within Bitcoin-based decentralized applications, though less common than .ETH domains.These domains are stored as smart contracts, meaning once purchased, the owner has full control over them without relying on…

A crypto strategist known for making timely altcoin calls believes that the top meme token Dogecoin (DOGE) is gearing up for a breakout surge. Pseudonymous analyst Bluntz tells his 316,700 followers on the social media platform X that DOGE appears to be carving a local bottom en route for a bullish reversal. The trader shares a chart suggesting that DOGE seems to be printing an Adam and Eve pattern while flashing a completed ABC corrective move. “DOGE looking pretty solid here in my opinion after consolidating for two weeks after that capitulation event. If there’s one saying that’s always stuck…

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…

Este artículo también está disponible en español. Solana’s recent price behavior has sparked anxiety in the the digital currency market. The once-soaring blockchain has fallen significantly as a result of a widespread slump. Solana native token (SOL) has been down 32% in the last four weeks, trailing Bitcoin’s 10% decline and Ethereum’s 15% dip. As the network suffers with the fallout from a meme currency frenzy that left investors reeling, a sudden sell-off occurs. Related Reading Meme Coin Mania Turns Into Disaster Solana has been the epicenter of an explosive meme coin growth. Although this initially stimulated trading volume and…

Sanctions remain the top illicit crypto category at 33% of illicit volume, as overall blockchain transactions surged to $10.6 trillion in 2024. Crypto transactions jumped 56% in 2024 to $10.6 trillion, while illicit activity fell 24% to $45 billion, now just 0.4% of total volume, down from 0.9% in 2023, TRM Labs reports. In a Feb. 18 blog post, the blockchain forensic firm said sanctions-linked transactions made up the largest share of illicit crypto activity, accounting for 33% of the total. Blocklisted funds followed at 29%, with scams and fraud at 24%. The analysts expect the illicit volume figures to…

Homepage > News > Business > The Elon Musk vs Sam Altman Feud part 3 There’s no doubt that Elon Musk’s $97.4 billion bid to buy OpenAI was a serious offer. But was it really about acquiring the company, or did Musk have other objectives? As this story develops, it’s becoming clear that Musk’s intentions may have been less about ownership and more about disrupting OpenAI’s transition into a for-profit entity. Shortly after making the bid, Musk announced that he would withdraw the offer if OpenAI ceased its transition to a for-profit model and remained a nonprofit. Through legal filings,…