Author: Yeek.io
Homepage > News > Business > Cantor has ‘no equity’ in Tether, Trump makes $250M crypto bet U.S. President Donald Trump has found yet another way to make ‘crypto’ bank while Tether’s biggest Wall Street fan says artificial intelligence (AI) will scrub away its crypto crime stains. On January 29, Howard Lutnick, the boss of Wall Street financial services firm Cantor Fitzgerald (NASDAQ: ZCFITX) and Trump’s nominee for Secretary of Commerce, sat for a Senate confirmation grilling that only briefly questioned his ties to Tether, the issuer of the largest stablecoin by market cap (USDT). On January 27, Sen. Elizabeth…
A Chinese artificial intelligence (AI) model called DeepSeek has taken the tech world by storm, soaring to the top of Apple‘s App Store downloads and shaking up the global AI industry. Its rapid rise has caught the attention of investors, AI experts, and even political leaders, triggering shifts in financial markets and raising questions about China’s growing dominance in AI development. The latest version of DeepSeek was released on January 20, 2025, it has been making waves among AI professionals and immediately drew the entire tech industry into its spotlight. Today, it is a global phenomenon, triggering debates on innovation,…
The percentage of SHIB wallets that are in profits has dropped to 47%, marking the lowest level in three months. The declining MVRV ratio also indicated that traders were seeing reduced unrealized profits on their holdings. Shiba Inu [SHIB] was trading at $0.0000186, at press time, after a slight 0.9% gain in 24 hours. Despite this, the meme coin remains down nearly 7% in the last seven days. One factor affecting SHIB’s performance could be a decline in wallet profitability, which has dampened investor sentiment. Wallets in profit hit a 3-month low The number of profitable Shiba Inu wallets has…
Este artículo también está disponible en español. Once more, the price movement of Dogecoin draws attention. An analysis shows that DOGE may climb by 30% should positive momentum continue, therefore guiding the meme coin towards $0.43. Given Dogecoin’s signals of strength, traders are monitoring key technical levels to see whether a breakout is about to happen. Related Reading Dogecoin Gains Bullish Momentum In recent weeks, Dogecoin has been consolidating, but there are indications that a breakout is imminent. According to analysts, DOGE has set up solid support levels, and growing purchasing pressure suggests that the price may be about to…
Investors Stay CautiousRecent data from On-chain metrics indicated that around 122,000 ETH worth around $390 million flowed into exchanges. That would suggest that investors booked profits on Ethereum’s breakthrough above $3,000 amid some caution. Despite the heavy selling pressure, ETH hasn’t seen any violent sell-off yet. That should mean investors do not expect any prolonged downturn, but rather have secured their gains in the short term.Ethereum remains in a consolidation phase, with traders looking for signals of renewed buying interest. The MVRV Score, which measures market valuation, is still below 1.0. This suggests ETH is undervalued but has room for…
ABN AMRO, the third-largest bank in the Netherlands, has completed on-chain trading with stablecoins in a pilot with German exchange 21X. Netherlands‘ third-largest bank ABN AMRO has completed a trading trial with 21X, a Frankfurt-based digital asset exchange, which tested on-chain settlement for tokenized securities using stablecoins. In a Jan. 30 announcement, 21X said the test involved listing a tokenized asset on its on-chain market. ABN AMRO issued an ERC-3643 token on the Polygon Amoy Testnet, while 21X paired it with an ERC-20-based “E-Money Token,” without naming the asset. “As part of our launch preparations we are now in the…
Alchemy Pay has integrated the MOVE token from Movement Network onto its fiat on-ramp solution. In a recent post on X, Alchemy Pay announced that it has integrated the MOVE (MOVE) token from Movement Network onto its fiat on-ramp solution, making it possible to purchase MOVE through regular payment methods such as Visa, MasterCard, mobile wallets, and bank transfers. By accepting payments in fiat, Alchemy Pay is making the MOVE token more accessible to a broader audience. https://twitter.com/AlchemyPay/status/1884849828255117524 Founded in 2017, Alchemy Pay is a trusted global payment gateway which operates in 173 countries and supports over 300 payment channels.…
Whale activity remains flat after shedding 180M ADA, signaling a wait-and-see stance post-hard fork. Cardano’s DeFi TVL holds steady at $500M, with investor focus on governance adoption and future network participation. Cardano [ADA] has officially implemented the Plomin Hard Fork, marking a shift in its governance model. The upgrade empowers ADA holders with direct on-chain governance, bringing the blockchain closer to full decentralization. As Cardano takes this pivotal leap, market participants closely watch its impact on ADA’s price action, whale activity, DeFi performance, and broader adoption. Cardano Plomin Hard Fork reshapes governance model The Plomin Hard Fork represents one of…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As AI coins take center stage in 2025, iDEGEN stands out as a viral, community-driven coin with presale success and a controversial, unpredictable future. While 2024 was the year of the meme coin, 2025 is the year of AI coins. Set to be the big winners this year, with AI agents predicted to be a dominant narrative, new AI coins could offer some of the most lucrative opportunities right now. Few are attracting as much attention as iDEGEN, the…
SUI has surged past the key $3.9 resistance level, sparking renewed optimism among traders and investors. This breakout marks a crucial shift in momentum, signaling that bulls are gaining control after a period of consolidation. The increasing buying pressure and strong trading volume indicate growing confidence in SUI’s potential for further upside. If the uptrend continues, SUI could set its sights on higher resistance levels, fueling speculation of a sustained rally. However, maintaining this breakout is essential, as failure to hold above $3.9 might invite selling pressure and lead to a retest of lower support zones. A Step Toward A…