Author: Yeek.io
North Carolina is making a significant stride toward the integration of Bitcoin into its financial strategy. A recently introduced bill aims to enable the state treasurer to allocate a portion of public funds to digital assets, with a particular emphasis on BTC exchange-traded products (ETPs). North Carolina has become the 20th state in the United States to investigate legislation that pertains to Bitcoin reserves as a result of this action. 10% Of Budget To Bitcoin Investments The intent of House Bill 92 (HB 92), also known as the “NC Digital Assets Investments Act,” is to empower the state treasurer to…
Japan is making a dramatic shift in its stance on cryptocurrency. The Financial Services Agency (FSA), which once imposed a steep 55% tax on crypto income, is now considering lowering it to a more manageable 20%. Additionally, Japan is exploring the approval of Bitcoin ETFs, potentially reversing its previous ban on the asset. This move likely comes as a result of SoftBank’s foray into crypto. Nevertheless, the country now looks keen to align itself with the rest of the world as far as the crypto consensus is concerned. With yet another major economy changing its stance on crypto and wanting…
Este artículo también está disponible en español. According to a crypto analyst, the Ethereum price is on the verge of a breakout, and investors who don’t buy it now could be left with regrets later. With technical indicators pointing towards a significant price surge, the analyst forecasts that Ethereum (ETH) could climb as high as $12,000 this bull cycle. Ethereum Price Headed To $12,000? Prominent crypto analyst Captain Faibik has issued a stark warning to investors, urging them to buy Ethereum at a particular price low or risk entering the market late and regretting it. With Ethereum’s current price action…
Dolomite, a multi-chain lending dapp launched in 2022, saw its total value locked (TVL) skyrocket nearly 600% in the past week to a record $392.4 million, as per DefiLlama. The platform’s TVL growth is associated with the recent launch of the much-anticipated Berachain – an EVM-compatible layer 1 chain that uses a Proof of Liquidity (PoL) consensus mechanism. Dolomite operates as a DeFi money market, enabling users to lend and borrow a wide range of assets, positioning itself as the only platform that supports over 1,000 crypto assets. The app is available on Arbitrum, Mantle, Polygon zkEVM, X Layer, and…
Homepage > News > Finance > ‘Could Trump seize Tether’s T-bills’ and other tales from Crypto America’s stablecoin plans are proceeding swiftly as regulators and legislators display a new willingness to ignore all guardrails. On February 6, House of Representatives’ Financial Services Committee Chairman French Hill (R-AR) and Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee Chair Bryan Steil (R-WI) released a discussion draft of a new bill to “provide for the regulation of payment stablecoins.” The draft has since been rechristened the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act of 2025. STABLE closely follows both the…
IOTA’s price climbed for a second consecutive day after developers shared an important update about Rebased, its upcoming upgrade. IOTA (IOTA) surged to a high of $0.2500 on Tuesday, marking a 40% increase from its lowest level this month. In a statement, the IOTA Foundation announced it will award up to €100,000 ($103,398) to qualified developers working on the network. Recipients will also receive technical, marketing, and strategic support to help implement their projects. IOTA is targeting developers in areas such as real-world asset tokenization, decentralized identities, and supply chain management. For example, the foundation is seeking solutions for supply…
Journalist Posted: February 11, 2025 Dogecoin was holding strong above the upper boundary, thus keeping the path open for a potential rally toward $4. DOGE’S MACD was showing a bullish trend with the MACD line positioned above the signal line. Dogecoin [DOGE], initially created as a meme cryptocurrency, has proven its resilience over time. Recent technical analysis suggests that Dogecoin was maintaining a strong position above a critical threshold, which could pave the way for a rally toward the $4 mark. Can Dogecoin keep climbing? DOGE has been holding above the upper boundary of its trading channel, signaling positive momentum.…
Jayson Hobby, the former CEO of crypto lending and borrowing platform Compound, dedicated five years to making it easier for investors to leverage their crypto holdings. Last year, he departed to build a new venture alongside two other former Compound executives. Now, the trio is preparing to launch Legend, a decentralized finance (DeFi) platform that aims to improve upon the foundation they established at Compound. On Tuesday, Legend announced the successful completion of its first funding round, securing $15 million from prominent investors, including Andreessen Horowitz (a16z) and Coinbase Ventures. A More Accessible DeFi Experience: Hobby explained that it is…
More dormant smart whales returned to accumulate and stake SOL, and buy Solana memecoins. If SOL fails to hold above $199, it could signal weakening momentum, possibly leading to lower prices. Recently, more dormant smart whales returned to accumulate Solana [SOL] anticipating a surge in the whole ecosystem. A two-month dormant whale withdrew 61,319 SOL valued at $12.4M from both Binance and OKX at around $202.53 per SOL. This whale had previously executed two profitable trades from December 2023 to November 2024, earning $8.47M with a 38.9% return and a perfect win rate. Following this whale’s success rate, buying now…
Este artículo también está disponible en español. Investors are once again becoming drawn to Dogecoin (DOGE). This time, analysts have found a pattern that could send the famous meme coin soaring past the long-awaited $1 mark. DOGE hit its all-time high of $0.74 during the 2021 bull run, but it has since had a hard time getting back to that level. But now, one market expert thinks that the past might be about to happen again, this time with even bigger gains. Related Reading A Pattern That Points To Rapid Growth Chandler, a crypto analyst, says that Dogecoin has been…