Author: Yeek.io

Spot Bitcoin exchange-traded funds in the United States returned to an inflow streak on Jan. 16 as Bitcoin cemented its position above $100K ahead of President-elect Donald Trump’s inauguration ceremony. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $626.15 million in inflows on Thursday, extending their inflow streak for the second consecutive day, with over $1.3 billion entering the funds during this period. BlackRock’s IBIT attracted the lion’s share of inflows yesterday, drawing in $527.87 million from investors following a day of relatively weak inflows experienced by the fund. The asset manager’s spot Bitcoin ETF currently holds…

Fantom surged 20% in 24 hours, reaching $0.836 amid its Sonic rebranding and a 186% spike in active addresses. All eyes are on the critical $0.84 resistance level. Fantom [FTM]has come into the limelight after surging about 20% in the last 24 hours, propelling its price to $0.836, at press time. On the daily chart, altcoin is approaching a critical resistance level at around $0.84, with speculation high on its next move. The market is abuzz with a combination of technical and on-chain metrics fueling optimism for a potential breakout. Source: TradingView What is behind the recent FTM rally? FTM’s…

Digital art platform to wind down services, reflecting broader challenges in the NFT market. On Jan. 17, MakersPlace, a digital art platform founded in 2018, announced its decision to shut down. The platform operated as an NFT marketplace, allowing artists and collectors to create, buy, and sell digital artworks. However, ongoing challenges in the NFT industry and difficulties in securing additional funding prompted the decision. 1/6 MakersPlace Announces Market Exit 🔳After 6 incredible years of supporting digital art, MakersPlace is ceasing operations. Here’s what it means for our artists, collectors, and supporters—and how we’re ensuring a smooth transition. 🧵↴— MakersPlace…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

With a focus on developer tools and user-friendly apps, Base is aiming for $100 billion in assets and a stronger global presence by 2025. On Jan. 17, the Base blockchain outlined its plan for the year, targeting $100 billion in on-chain assets by October 2025. The roadmap focuses on increasing developer participation, expanding its user base, and improving the scalability of its blockchain infrastructure. The platform has set specific goals, including bringing in 25,000 developers, onboarding 25 million users, attaining $100 billion on-chain assets, and increasing blockspace capacity to 250 million gas units per second (Mgas/s). In blockchain terminology, “gas”…

HeLa Space and Funton.ai have announced their strategic collaboration to push the boundaries of gaming and Web3 experiences. This partnership aims to reshape the future of gaming with Web3 innovations by providing mini-app games in a variety of personalized T2E (Token-to-Earn). HeLa Space, a decentralized digital ecosystem platform, has witnessed the partnership via its official X account. The other ally, Funton.ai, is a leading multi-game platform on Telegram and LINE. This platform has also announced the collaboration through its official X account.  Funton.ai to Lead GameFi-as-a-Service Funton.ai presents its groundbreaking GameFi-as-a-Service (Funton GaaS) model. Funton GaaS model is a platform…

Bitcoin has finally reclaimed the $100K mark, sparking renewed excitement across the cryptocurrency market. After a swift and unexpected liquidity sweep into the $89K level earlier this week, BTC staged an impressive recovery, surging over 13% to breach this psychological milestone. This rally has injected fresh momentum into the market, with many altcoins following BTC’s lead. Top analyst Axel Adler shared insights on X, revealing a critical metric that may shape the next phase of Bitcoin’s price action. The metric, which reflects the ratio of long-term holders (LTH) to short-term holders (STH), indicates potential volatility ahead. Historically, significant shifts in…

Este artículo también está disponible en español. In a significant development for the ongoing discourse surrounding the digital asset sector, US Senator Cynthia Lummis (R-WY) has raised serious allegations against the Federal Deposit Insurance Corporation (FDIC).  In a letter directed to FDIC Chair Marty Gruenberg, Lummis claims whistleblowers from within the agency have reported efforts to destroy documentation related to the FDIC’s digital asset activities. The senator’s letter demands an immediate cessation of these alleged actions in anticipation of Congressional oversight. FDIC Staff Threatened Over Digital Asset Oversight Senator Lummis has positioned herself as a strong advocate for Bitcoin (BTC)…

NFT trading volumes have dropped by 19% in 2024, highlighting significant challenges faced by the NFT market. Despite the initial buzz, many people, creators, and businesses are still struggling to embrace NFTs fully. Why? Because a mix of regulatory questions, complicated user experiences, high fees, and environmental concerns are making even the most enthusiastic supporters step back. This article covers the biggest obstacles to NFT adoption and how to overcome them. Whether you’re brand new to NFTs or already in the community, you’ll find something useful. Understanding NFTs and Their Potential NFTs are digital assets—sometimes images, sometimes videos, sometimes items…

Homepage > News > Finance > OCBC fractionalizes assets; Turkish bank gets into ‘crypto’ trading Singaporean-based multinational bank OCBC has announced a solution for corporate entities seeking to diversify their assets using blockchain technology. The Web 3-based solution involves tokenizing corporate assets and eventually selling them to accredited investors in the ecosystem, according to local reports. OCBC’s solutions differ from digital bonds by going a step further and offering “custom tokenization” for their corporate clients. The blockchain-based tokenization solution will be available to corporate clients holding assets above SGD10 million ($7.3 million). Despite the steep figure, the offer has streaks…