Author: Yeek.io

In a recent statement, European Central Bank (ECB) board member Piero Cipollone emphasized the necessity for Eurozone banks to adopt a digital euro in light of US President Donald Trump’s initiative to promote stablecoins.  These cryptocurrencies, pegged to the US dollar, are part of a broader strategy outlined by Donald Trump in an executive order issued last Thursday. Stablecoins Vs Digital Euro Cipollone expressed concern that Trump’s focus on fostering the development of dollar-backed stablecoins could further divert customers away from traditional banks, thereby strengthening the argument for the ECB to introduce its own digital currency.  “The key word here…

NFTs have regained a lot of their momentum recently, but a growing number of collectors and creators now focus on NFT utility, which is practical, usable functionality that reaches far beyond digital collectibles. Instead of serving solely as unique digital assets, these utility NFTs can grant holders tangible benefits, from exclusive events and merchandise to governance rights and revenue-sharing models. By weaving in perks such as community engagement, on-chain identity verification, or direct connections to physical products, utility NFTs elevate the ownership experience and the core value of that NFT. This means that whether you’re a hardcore investor or an…

Arbitrum whales have accumulated 10M ARB in the last two days  Network activity has been rising too after dApp volumes climbed by 121% in 24 hours  Arbitrum (ARB), at press time, was trading at $0.729 after its gained by over 5% in 24 hours. Trading volumes also rose by 89% to $414M, with the same highlighting growing interest in the altcoin.  Despite these gains, however, ARB remains under bearish pressure on the charts. In fact, according to IntoTheBlock, 80% of ARB holders seem to be Out of the Money (in losses) after a 55% year-over-year price decline.  And yet, several bullish…

On-chain data shows that Bitcoin shark-sized wallets have climbed to a new all-time high recently, a sign that could be bullish for BTC. Key Bitcoin Investors Have Been In Accumulation Mode Recently According to data from the on-chain analytics firm Santiment, the total number of sharks on the Bitcoin network has registered an increase recently. The indicator of relevance here is the “Supply Distribution,” which tells us about the amount of BTC wallets that belong to a particular group. Addresses or investors are categorized into these cohorts based on the number of coins that they are carrying in their balance.…

Este artículo también está disponible en español. Following Donald Trump’s inauguration on January 20th, Bitcoin (BTC) has remained range-bound, trading between $101,000 to $110,000. However, a new report by CryptoQuant states that behind this routine price action, Bitcoin ‘whales’ are quietly back to accumulating the premier cryptocurrency. Bitcoin Whales Back In Accumulation Mode According to the report, large BTC holders – commonly referred to as Bitcoin ‘whales’ – have re-entered the accumulation phase. Recent data shows a significant uptick in the monthly percentage growth of BTC holdings among these large investors. Related Reading Notably, Bitcoin whale holdings increased from a…

In the last 24 hours, the price of BNB has significantly increased, going from $678 to over $690, which is a 0.99% rise. The price is now similar to what it was in early January, due to increased buying interest. Also, BNB’s trading volume has gone up by 5.05% in the past 24 hours, reaching $2.08 billion. Looking at the bigger picture, BNB’s price has been steady for the last few weeks. However, with strong buying interest and more active trading, the price of Binance Coin is smoothly progressing towards its December high of $793. As a result, its market…

Yesterday, President Trump signed an Executive Order (EO) entitled “Strengthening American Leadership In Digital Financial Technology.”The document outlines the ways in which the U.S. government will embrace “digital assets” and support the rights of citizens and businesses to engage with “cryptocurrencies” and “blockchain technology.”Bitcoin isn’t mentioned once in the document.Most concerningly, it’s not mentioned in the portion of the document that addresses the potential for the President’s Working Group on Digital Asset Markets (also established via the EO) to create a “stockpile” of digital assets.Here’s exactly how it reads:“The Working Group shall evaluate the potential creation and maintenance of a…

Este artículo también está disponible en español. As the Ethereum price lingers below its all-time highs (ATHs), TRON founder Justin Sun has emerged with a bold vision aimed at revitalizing the altcoin’s value.  Sun’s Vision For The Ethereum Price In a recent social post on X (formerly Twitter), Sun proposed a plan that he believes could propel the Ethereum price to unprecedented heights, targeting a price of $10,000. Sun’s strategy hinges on a radical overhaul of the Ethereum Foundation (EF) and the Ethereum protocol itself.  Related Reading The TRON founder asserts that under his leadership, immediate and decisive actions could…

Ethereum‘s price performances in the ongoing bull cycle may be lagging behind other notable crypto assets like Bitcoin, Solana, and XRP, which have formed new all-time highs. However, optimism about its price prospects still lingers as evidenced by a persistent accumulation of the digital asset Confidence In Ethereum Growin Among Investors Despite Ethereum’s price struggling to initiate a major rally, an encouraging sentiment has been spotted among investors. Recently, ETH investors have ramped up accumulation at a significant rate over the last two weeks. Kyle Doops, a technical expert and host of Crypto Banter Show shared the development after examining…

The co-founders of market intelligence platform Glassnode are identifying two catalysts that need to line up for altcoin season to officially kick off. In a new thread on the social media platform X, Glassnode and Swissblock co-founders Jan Happel and Yann Alleman – who together share the handle Negentropic – say that based on historical precedent, altcoin season could start if Bitcoin’s (BTC) dominance levels start to fell and its price stabilizes above $100,000. “Flashback to February 2021. In the last cycle, February kicked off altcoin season. Could it happen again? Two key factors must align: 1) Bitcoin dominance must…