Author: Yeek.io
Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), is set to promote its cryptocurrency regulatory workforce in the upcoming fiscal year. In a newly released budget proposal for 2025-26, the SFC outlined plans to introduce 15 additional positions, eight of which will specifically focus on the regulation of virtual assets. According to a statement from the budget plan, the new roles aim to enhance the commission’s ability to oversee market activity, conduct enforcement investigations, and ensure compliance within the crypto sector. Notably, the proposal comes as Hong Kong seeks to position itself as a leading hub for cryptocurrency…
Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Pudgy Penguins 388.97 ETH 37 ethereum View 2 CryptoPunks 382.52 ETH 7 ethereum View 3 Uniswap v4 Positions NFT 320.46 ETH 13 ethereum View 4 Azuki 310.39 ETH 97 ethereum View 5 Milady Maker 173.02 ETH 35 ethereum View 6 Lil Pudgys 137.18 ETH 123 ethereum View 7 Mutant Ape Yacht Club 124.17 ETH 56 ethereum View 8 The Band Bears 114.67 ETH 10 ethereum View 9 Bit Bears by Berachain 106.89 ETH 17 ethereum View 10 Kaito Genesis…
SUI could soar 47% to reach the $5 level if it maintains above $3. SUI was at a crucial support level of $3.3 and has formed a perfect 1:5 risk-to-reward ratio. After a sharp decline in recent days, Sui [SUI] has formed a perfect risk-to-reward ratio for intraday traders, attracting notable attention from Binance users in the past 24 hours. This ideal risk-to-reward setup is driven by bullish price action, which has shifted market sentiment for SUI. 75% of Binance traders go long According to Coinglass, Binance’s SUIUSDT Long/Short Ratio was 2.51. This means for every 2.51 long positions,…
The on-chain analytics firm Glassnode has revealed how the Ethereum futures market is still overheated despite the long squeeze that just occurred. Ethereum Open Interest Still Notably Above The Yearly Average In a new post on X, Glassnode has discussed about how the Ethereum futures market has changed during the past day. ETH, like other digital assets, has witnessed significant volatility inside this window. Sharp price action usually means chaos for the derivatives side of the sector and indeed, a large amount of liquidations have piled up on the various exchanges. Given that the price action has been majorly towards…
Este artículo también está disponible en español. Bitcoin (BTC) enjoyed a brief sigh of relief yesterday as the US delayed its proposed 25% trade tariffs on Mexico and Canada by a month. However, the US proceeded with its 10% tariffs on China, prompting retaliatory measures from Beijing. The escalation has pushed BTC back below the critical $100,000 price level. Bitcoin Suffers Amid Trade Wars After a volatile 24 hours filled with uncertainty surrounding US trade tariffs on Mexico and Canada, BTC experienced a short-lived relief rally to $102,000. This came after US President Donald Trump announced a 30-day delay in…
For years, Ethereum users have struggled with failed transactions due to insufficient gas fees. MetaMask’s new Gas Station eliminates this hassle by covering fees within the swap process itself. On Feb. 5, MetaMask introduced “Gas Station,” a new feature aimed at addressing one of the most frustrating roadblocks in the Ethereum (ETH) ecosystem—insufficient gas fees preventing transactions from going through. Since network fees must be paid in ETH, users without a sufficient balance often find themselves stuck, forced to go through the time-consuming process of purchasing ETH from an exchange and transferring it to their wallet before they can proceed.…
Have you ever wondered if there’s a fresh way to raise money for your blockchain idea? NFTs might be the answer. In this guide, we’ll walk through how NFT fundraising works, why it’s different from traditional methods, and how an Ethereum Layer 2 project managed to pull in $22 million using NFTs. We’ll keep it simple so you can follow along even if you’re new to the crypto space.Overview of NFT FundraisingNFT fundraising lets blockchain startups sell unique digital assets to supporters who want more than just a typical investment. Since each NFT can represent something one-of-a-kind—like special access, collectibles,…
Homepage > News > Finance > Tokenization, stablecoins, institutional adoption take stage The digital asset market doubled its market capitalization in 2024, peaking at $3.7 trillion as exchange-traded funds (ETFs) and the Trump victory in the U.S. elections sparked a bull rally. A new report by New York asset manager WisdomTree predicts another blockbuster year, with stablecoins, tokenization, and institutional adoption set to dominate the sector. The United States Securities and Exchange Commission (SEC) approved BTC spot ETFs in January 2024, and by the end of the year, they had drawn over $120 billion from investors. WisdomTree expects this adoption to continue this…
Raydium maintained its bearish structure, but the CMF showed buying pressure. Traders should remain cautious and look to book profits if already in a long position. Raydium [RAY] was down nearly 20% from the high of the 30th of January. The recent drop and the subsequent bounce were of substantial size, and the volatility has liquidated many perpetual traders and scared investors. The RAY bulls’ struggle with the $6.3-$6.5 resistance zone was set to continue once again. They had breached this level just sixteen days ago—can they do it again? Raydium’s price action was on the verge of… Source: RAY/USDT…
Less than a day after launching Super Bowl betting contracts, Robinhood shut them down at the CFTC’s request. On Feb. 4, Robinhood pulled the plug on its Super Bowl betting contracts just a day after launch, following a request from the U.S. Commodity Futures Trading Commission. The Commodity Futures Trading Commission (CFTC) has formally requested that Robinhood Derivatives, LLC (RHD) “not permit customers to access” sports event contracts.While we continue to work with the CFTC to understand their concerns, we are suspending the rollout of the Pro…— Robinhood Comms (@RobinhoodComms) February 4, 2025 The move comes as regulators grow increasingly…