Author: Yeek.io

The largest asset manager in the world is buying the Ethereum dip to custody funds for its ETH-based exchange-traded fund (ETF). According to BlackRock’s data, the firm picked up 100,535 ETH – worth about $276.2 million at time of writing – for its iShares ETHA product. BlackRock holds a total of 1,352,934 ETH worth roughly $3.71 billion, and the financial giant’s total assets under management were reported to be around $11.5 trillion in October of last year. And according to on-chain data, the President of the United States’ crypto project World Liberty Financial (WLFI) is also accumulating Ethereum, with blockchain…

The son of the current President two days ago on Twitter told people it’s time to add Ethereum to their balance sheets. It is mind blowing to see this, given what this cycle represents for Ethereum. For years people have been predicting the outcome we are seeing play out this cycle. Ethereum’s dominant use case has been as a platform for issuing other assets, and building applications focused on assets other than ether itself. This becoming the dominant use of the network has obvious implications for the necessity of the Ethereum network itself to operate these other applications and assets.…

Este artículo también está disponible en español. BNB Chain has been making headlines, setting records, and drawing investors worldwide. With a strong Q4 2024 and a $750 all-time high, its Binance-backed token is proving its mettle in a volatile market. Related Reading The Market Cap Growth Of BNB Chain Although the last year has been somewhat turbulent for BNB, the fourth quarter of 2024 was a pivotal moment. Recent data shows that BNB’s market capitalization reached a solid $100 billion year-on-year (YoY). Messari’s most recent quarterly report indicates that in Q4 2024, BNB Chain grew significantly. The triumph of US…

Empower Oversight has filed a lawsuit against the U.S. Securities and Exchange Commission for failing to disclose a long-awaited report on ethical conflicts and selective enforcement within the agency. The SEC Office of Inspector General completed the report more than a year ago, but the agency has yet to release it despite repeated Freedom of Information Act requests, according to the lawsuit. The lawsuit seeks to compel the SEC to disclose findings related to former SEC Division of Corporate Finance Director William Hinman.  The investigation focuses on potential conflicts of interest involving Hinman’s ties to his previous law firm, Simpson…

The convergence of Web3, NFTs, games, and the metaspace is reshaping how we interact with digital content and assets. As these technologies evolve, QR codes have emerged as a powerful tool for simplifying access, enhancing interactivity, and bridging the gap between physical and digital realms.If creators, gamers, and collectors make qr code, they can easily share, showcase, and interact with their digital assets. From enabling NFT transactions to connecting users in virtual worlds, QR codes are proving to be a versatile asset in the Web3 ecosystem.In the Web3 and metaspace landscape, QR codes serve as an entry point for users…

The Solana (SOL) price is navigating a bearish zone, failing to recover from the recent crypto market crash. Notably, the Solana blockchain demonstrated exceptional performance in Q4 2024 and January 2025, with several key metrics showing significant growth. However, the Solana price is caught within a bearish phase, aligning with the prevailing negative trend in the crypto market. Solana Price Plunges Below $200: What’s Next? Despite SOL trading below the $200 level, the Solana price is poised for a significant breakout. According to an X post shared by Bitcoin enthusiast Lark Davis, Solana is nearing an “inflection point.” This means…

February 5, 2025The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDRSIP-420: Protocol Owned SNAX — This is in its final audit stage. See below for a refresher on the contents of this proposal.Synthetix Leveraged Token Rally rewards program: Week 3 of 5 has just begun, with another 15,000 $OP and 30,000 $USDC up for grabs. See last week’s leaderboard below.Discord alpha about free $OP bets from Overtime: Synthetix struck a deal (thanks Burt!) last week with Overtime Markets so that the first 250 addresses to trade on Synthetix Leverage…

Market cap is one of the most common and effective ways in which investors measure the real value of cryptocurrencies.  In this article, we’ll discuss what is a crypto market cap, how to calculate it, and why exactly is the market cap for any cryptocurrency an important metric to know before investing in it. What is market cap in cryptocurrency? Market cap is the short form of market capitalization and is one of the most followed metrics in both traditional finance and cryptocurrency markets as well. In cryptocurrency, a market that’s relatively new and developing, the market cap is a…

Este artículo también está disponible en español. In an escalation of global economic friction, President Trump’s imposed tariffs have roiled financial markets this week, cutting across both equities, Bitcoin and cryptocurrencies. Yet a new memo from Bitwise Asset Management suggests that these headwinds might ultimately propel Bitcoin to new heights—regardless of whether Trump’s strategy succeeds or fails. At the beginning of the week, the crypto market witnessed a severe sell-off. Bitcoin declined by about 5%, while Ethereum and XRP suffered even sharper losses—17% and 18%, respectively. The immediate catalyst was Trump’s imposition of a 25% tariff on most imports from…

Ethereum has made a recovery to $2,800 during the past day as on-chain data shows the whales have been making massive withdrawals from exchanges. Ethereum Exchange Outflows Spiked After Price Crash According to data from the market intelligence platform IntoTheBlock, investors reacted to the latest crash in the Ethereum price by making outflows from exchanges. The on-chain indicator of relevance here is the “Exchange Netflow,” which keeps track of the net amount of the cryptocurrency that’s entering into or exiting the wallets associated with all centralized exchanges. When the value of this metric is positive, it means the holders are…