Author: Yeek.io

On-chain data shows the Bitcoin long-term holders have shed a significant amount of the cryptocurrency from their holdings recently. Bitcoin Long-Term Holders Have Been Realizing Notable Profits Recently In its latest weekly report, the on-chain analytics firm Glassnode has discussed about how supply has shifted between BTC short-term holders and long-term holders recently. The “short-term holders” (STHs) and “long-term holders” (LTHs) here refer to the two main divisions of the Bitcoin market done on the basis of holding time. The investors who bought their coins within the past 155 days fall in the former cohort, while those who have been…

Homepage > News > Business > Blockchain For Impact forms ties to boost India’s health tech Blockchain For Impact (BFI), a healthcare fund set up during the second wave of the COVID-19 pandemic in India, has signed a pact with CSIR-Central Drug Research Institute (CDRI) to strengthen biomedical research and drive healthcare innovation.  The collaboration is under the BFI-BIOME Virtual Network Program, which aims to tackle the country’s unmet clinical needs, focusing on research in malaria, dengue, and metabolic diseases. The collaboration seeks to create new pathways for translational research that will shape the future of healthcare and revolutionize India’s public health landscape. The BFI is…

Freedx, a newly launched cryptocurrency exchange, has successfully raised $50 million in a funding round aimed at enhancing its trading platform and expanding global operations. The investment of its equity fund reflects strong investor confidence in the vision of providing a user-friendly, transparent, and efficient trading experience. The platform is designed to bridge the gap between institutional-grade trading tools and accessibility for retail traders offering advanced features such as optimized order routing, real-time analytics, and high-speed execution. Regulatory Approvals and Global Expansion: Freedx has secured regulatory compliance permissions in Panama and obtained a BTC license in El Salvador, marking key…

In an exclusive interview with crypto.news, Mohammed AlKaff AlHashmi, talks about Indonesia’s potential as a crypto hub after receiving regulatory approval for the HAQQ’s native token from the country’s FSA. Indonesia is currently ranked as the third-highest country in terms of crypto adoption, according to Chainalysis. Less than 8% of the population is said to hold crypto, according to the latest data. Not only that, Indonesia is also currently at a transition phase when it comes to its crypto industry, with regulatory supervision being transferred to the FSA from its Commodity Futures Trading Agency. Mohammed AlKaff AlHashmi, co-founder of HAQQ…

Ethereum price started a fresh increase above $3,220. ETH is now consolidating and might eye more gains above the $3,270 resistance zone. Ethereum started a fresh increase above the $3,120 zone. The price is trading above $3,200 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it stays above the $3,200 level. Ethereum Price Recovers Ethereum price started a decent increase from the $3,020 zone, like Bitcoin. ETH was able to surpass…

Ethereum appears to be regaining momentum, showing a notable recovery after reclaiming the $3,200 level. The asset has surged over 5% in the past day, pushing its market capitalization and daily trading volume higher. This recent movement has narrowed the gap between Ethereum’s current price and its all-time high to just 33%, giving investors reasons to pay closer attention. Various analysts have weighed in on the potential implications of this price action, offering a mix of short- and long-term outlooks. Analysts Discuss Key Levels and Future Targets Elite, a well-known crypto analyst, pointed out that Ethereum’s resilience came in the…

Synthetix and Infinex are turning up the rewards for sUSD depositors. As of January 30, 2025, we’re doubling weekly rewards to 10,000 SNX and 10,000 OP, just for making a deposit.If you’ve been farming yield or just getting started, now’s the perfect time to deposit and claim your share.Earn More with Boosted RewardsStarting January 30, 2025, at 00:01 UTC, sUSD depositors on Infinex will earn:10,000 OP tokens 10,000 SNX tokensRewards accrue in real-time and are distributed weekly for the next 4 weeks. Current APR estimates are shown below:$2M in total deposits: 79.8% APR$5M in total deposits: 31.9% APR$10M in total…

Sui could rally 4.2x by the end of 2025, per VanEck projection.  Sui had strong market interest, third only to Solana and Ethereum.  Asset manager VanEck has tipped Sui [SUI] for a whopping 4x potential rally by the end of the year.  In a recent comparative analysis report between Sui and Aptos [APT], two top contenders in the smart contract platform (SCP) space, the firm stated,  “5.5% of the SCP market, corresponding to a market capitalization of $61 billion. With 3 billion tokens unlocked by January 2025, this equates to a token price of ~$16. This represents a 326% gain…

Dogecoin (DOGE) could be on the verge of an explosive price rally, as recent technical analysis reveals that the popular meme coin may be forming a distinctive Ascending Triangle pattern on its 4-hour chart. This bullish continuation pattern, combined with a rebound from an oversold Relative Strength Index (RSI), suggests that a breakout could occur anytime soon. Dogecoin Eyes Breakout As Ascending Triangle Forms An Ascending Triangle is typically seen as a bullish chart pattern, formed by a horizontal resistance line connecting swing highs and a rising trendline connecting lower lows. Interestingly, a crypto analyst, Trader Tardigrade, has identified what…

Cardano price started a fresh decline from the $1.00 zone. ADA is consolidating and might continue to move down below the $0.9350 support. ADA price started a fresh decline from the $1.00 zone. The price is trading below $0.950 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $0.950 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another decline if it trades below the $0.9350 support zone. Cardano Price Turns Red After struggling to stay above the $1.00 level, Cardano started a…