Author: Yeek.io

Sygnum, a Switzerland and Singapore based crypto-focused bank, has secured $58 million in an oversubscribed strategic growth funding round. This will push the firm’s post-money valuation beyond $1 billion and seal its unicorn status. This marks another milestone in furthering the firm’s growing influence in the digital asset space and robust market positioning. Fulgur Ventures, the venture capital firm that specializes in Bitcoin technologies and emerged as a cornerstone investor for the final close of this round of funding, led the other strategic and financial investors. Team members also participated on equal terms and will maintain majority ownership together with…

Ontology’s price pump on Monday excited traders looking for opportunities ONT’s on-chain metrics did not show high levels of activity and utility Ontology [ONT] gained by 33.84% in two hours on Monday, 13 January. The Open Interest surged by more than 400% as speculators rushed to try and find profitable trades. Source: ONT/USDT on TradingView However, ONT was quick to retrace from its pump. It still has a bullish outlook for the coming days, since the 78.6% retracement level at $0.246 has been defended upon retests. However, the OBV took a major hit. The RSI was also below neutral 50…

Insiders expect Donald Trump to sign crypto executive orders on his first day of presidency, January 20. Namely, Trump could cancel Joe Biden’s crypto de-banking policies and relax crypto accounting regulations. Republicans have also been resisting the March 2022 SAB 121 bulletin. Could the tables turn for crypto as soon as Monday? The Days of Crypto Terror Are Coming to an End An anonymous person involved with Trump revealed to the Washington Post that crypto regulation is a top priority for the new president. Biden’s administration has a history of aggressive enforcement actions against crypto companies, often without proper warning…

Bitcoin has continued its bearish price action as on-chain data shows the inflows into the cryptocurrency market have seen a sharp decline recently. Cryptocurrency Capital Inflows Have Seen A Notable Drop Recently As explained by analyst Ali Martinez in a new post on X, capital inflows for the cryptocurrency sector have slowed down over the past month. Capital enters (or exits) the digital asset market through mainly three asset classes: Bitcoin (BTC), Ethereum (ETH), and the stablecoins. It’s only once that inflows have made it to these coins that they rotate out into the altcoins. Thus, the flows related to…

I thought it was about time I’d give an update on my side of things for those interested in knowing how we’re doing on the Dutch side. My name is Jeff, a founder of Ethereum and one of the three directors (alongside Vitalik and Gavin) of Ethereum ÐΞV, the development entity building Ethereum and all the associated tech. Over the past months I’ve been been looking for a suitable office space to host the Amsterdam Hub. Unfortunately it takes more work than I initially anticipated and have got nothing to show for so far. I’ve past on this tasks to my…

Intesa Sanpaolo Makes a Bold Move into Bitcoin A commotion was created when Intesa Sanpaolo, the largest bank in Italy, paid over one million euros (US$1 million) to buy eleven Bitcoins. Through this transaction, the bank represents the initial institution in Italy to directly participate in cryptocurrencies, raising the possibility that the country’s traditional financial industry is evolving. Following internet reports, Intesa Sanpaolo’s press office acknowledged the transfer. When a purportedly written internal email by Niccolò Bardoscia, the head of the bank’s Trading and Investment division for Digital Assets, was posted on 4chan, speculation started. Source: Intesa Sabpaolo A New…

Homepage > News > Business > 5 things only massively scalable enterprise blockchains can do After a dark few years in the wake of the FTX collapse and the digital currency winter that followed, there’s light at the end of the tunnel, and optimism is returning to the enterprise blockchain industry. This time, the focus is squarely on utility and scalable ledgers. While niche applications can exist on limited chains like BTC and Ethereum, these low-throughput, high-fee ledgers won’t cut it for genuinely game-changing use cases. Let’s unpack some of those use cases and explore why only unbounded, high-capacity, low-fee…

Robinhood has agreed to a $45 million settlement with the United States Securities and Exchange Commission after its broker-dealer entities were found to have violated multiple securities laws. An SEC order made public on Jan. 13 claims that Robinhood Securities LLC and Robinhood Financial LLC committed over 10 violations of securities law provisions ranging from failures in reporting suspicious activity to safeguarding customer information, among others, “between at least 2018 and April 2024.” According to the commission, “both firms admitted certain findings in the order and agreed to be censured,” with Robinhood Securities consenting to pay a $33.5 million penalty…

  On-chain metrics reveal that exchanges have witnessed an outflow of $54 million worth of DOGE memecoins. DOGE could soar by 25% to reach the $0.40 level if it holds a 0.30 level. Dogecoin [DOGE], the popular and largest crypto memecoin, has been gaining significant attention from crypto enthusiasts amid the current market uncertainty. At the time of writing, the overall cryptocurrency market, including major assets like Bitcoin [BTC], Ethereum [ETH], and others, appeared to be struggling. 81.44% of traders on Binance hold DOGE’s long positions  Amid the market downtrend, traders and investors have shown strong interest and confidence in…

Mit Blick auf die vergangene Woche bleiben Bitcoin und Ethereum im roten Bereich: Gegenüber der Vorwoche sank der Preis des Bitcoin um 7 Prozent, Ethereum um 14 Prozent. Geht es im Laufe der Woche wieder bergauf oder befinden sich die Nummer 1 und Nummer 2 laut Marktkapitalisierung in einer Abwärtsspirale? Bitcoin schwächelt Am 6. Januar durchbrach der Bitcoin wieder die 100.000 US Dollar-Marke und stieg auf über 102.000 US Dollar, dennoch konnte sich die Kryptowährung nicht über der psychologisch wichtigen Unterstützungsmarke halten. Am 9. Januar lag der Bitcoin bei unter 92.000 US Dollar – in Minus von rund 10.000 US…