Author: Yeek.io

Spot Bitcoin exchange-traded funds in the United States recorded their highest outflow day on Jan. 8 over the last three weeks as Bitcoin briefly dipped under $93k, resulting in market-wide panic among investors. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $582.9 million in outflows on Tuesday, ending a three-day inflow streak that had brought nearly $2 billion into these funds. The outflows on Tuesday also marked the highest since Dec. 19, when these investment products experienced $680 million in outflows. Fidelity’s FBTC led the outflows on Jan. 8, with $258.69 million withdrawn from the fund, followed…

Oklahoma’s Republican Senator Dusty Deevers has introduced the Bitcoin Freedom Act (SB325), a bill that would allow state employees and residents to use Bitcoin as a payment method for salaries and transactions. The legislation also enables vendors to accept Bitcoin payments. “In a time when inflation is eroding the purchasing power of hard-working Oklahomans, Bitcoin provides a unique opportunity to protect earnings and investments,” said Deevers, announcing the bill on January 8. He further emphasized, “As Bitcoin continues to rise and the value of the dollar continues to be printed away in Washington D.C., Oklahoma must act to protect our…

One of the secondary benefits of how the Lightning Network works as a scaling solution is privacy. It’s by no means perfect or undefeatable privacy, but it is a better than naive use of the base layer blockchain itself. It’s also not perfectly balanced. The sender learns a good many details about the receiver, but the receiver learns nothing about the sender. For casual payments it is a big improvement for consumers over on-chain payments. It does have one big problem though, something not unique to Lightning, but a problem for all onion routed systems. Global Passive Adversaries. That means…

This is Trump’s first NFT project on Bitcoin. The full collection will feature 200 cards, with 40 more expected to drop soon. Earlier, Trump introduced NFT projects like “Trump Digital Trading Cards,” including the “America First” series in August 2024. That collection offered unique perks like gold sneakers and meals with Trump but has seen little trading activity since its release.The new Bitcoin-based collection, however, seems to be gaining traction. Reports suggest 29% of the cards have already been minted.The broader NFT market showed mixed results in 2024. Total sales reached $8.8 billion, up by $100 million from 2023. Ethereum…

The foundation is currently in the phase of restructuring its communications activities. Several members of our current communications team in London are soon leaving or reducing their involvement in the Foundation in order to pursue for-profit ventures on top of the Ethereum ecosystem; we wish them the best of luck. And so, we have both the necessity and a unique opportunity to “reboot” that side of the organization and take another look at how the Ethereum foundation interacts with the community. As some initial steps, we are going to do the following: We will make an effort to de-emphasize Skype,…

Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Pudgy Penguins 838.17 ETH 32 ethereum View 2 Azuki 430.10 ETH 32 ethereum View 3 Doodles 408.62 ETH 87 ethereum View 4 Lil Pudgys 319.06 ETH 116 ethereum View 5 Azuki Elementals 211.23 ETH 119 ethereum View 6 CryptoPunks 125.89 ETH 3 ethereum View 7 Bored Ape Yacht Club 118.45 ETH 7 ethereum View 8 BEANZ Official 110.96 ETH 139 ethereum View 9 Milady Maker 104.44 ETH 27 ethereum View 10 Mutant Ape Yacht Club 96.39 ETH 34 ethereum…

Homepage > News > Business > Bitcoin’s 16th birthday: My, how you’ve grown Hands up if you were there on January 9, 2009, to witness Bitcoin’s birth. Oh, just one of you? Bitcoin‘s lonely and humble beginning stands in contrast to its position today as a technological and cultural phenomenon. Do we dare say “household name” yet? In some households, maybe, although not always in the way we’d like. On Bitcoin’s 16th birthday, we can say our favorite peer-to-peer electronic cash system has blossomed, but still has a lot of growing to do. And boy, is it about to grow.…

2025 is getting even more Based as Synthetix extends the Decembrrrr Base LP Incentives for an additional four weeks. Designed to incentivize deep liquidity for the busy perps trading season, liquidity providers can continue to earn boosted yields while traders enjoy reliable liquidity and seamless market access.LP Rewards ExtendedThe rewards program has been extended for 4 weeks, from January 9th, 2025 until February 6th, 2025. These additional rewards support LPs and traders as Synthetix doubles down on the Base ecosystem.Updated Weekly RewardsBeginning now, LPs earn a prorated share each week of:A total of 60,000 SNX and 80,000 USDC has been…

ADA’s resurgence is turning heads in the institutional world, with Grayscale leading the charge This move is likely tied to ADA’s impressive price surge in late 2024, with ADA soaring by over 300% After closing 2024 at $0.80 and trading at $1.14 at press time, Cardano [ADA] has clearly grabbed investors’ attention, especially with the ADA/BTC pair turning green. As altcoins compete for a surge in capital and Bitcoin edges towards a ‘high-risk’ zone, could Cardano emerge as the leader in the next altcoin cycle?  Cardano’s long-term future seems bright There’s no doubt about it – The past week has…

Thailand’s Provincial Electricity Authority has shut down a Bitcoin mining farm for tampering with power meters to steal electricity worth hundreds of millions of baht. According to local media, the PEA, in collaboration with the Crime Suppression Division, has seized 996 Bitcoin mining rigs during a raid on the mining farm located in the Phanat Nikhom district of Chonburi. Authorities discovered the operators of the farm had tampered with their electricity meters to use electricity for mining operations largely free of charge, leading to millions of baht in losses for the Thai state electricity provider. Those responsible for running the…