Author: Yeek.io

Al Abraaj Group has become the first publicly listed company in the Middle East to adopt Bitcoin as a treasury asset, following in the footsteps of MicroStrategy and Tesla. Bahrain’s Al Abraaj Group has become the first public company in the Middle East to add Bitcoin to its corporate treasury, kicking things off with a purchase of 5 Bitcoin (BTC) and saying it plans to buy more in the future as part of a new long-term strategy. In a Thursday press release, Abdullah Isa, head of the Bitcoin Treasury Committee at Al Abraaj, said the initiative reflects the company’s “forward-looking…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Ethereum Exchange Netflow has remained negative during the past week, a sign that could be bullish for ETH. Ethereum Exchange Netflow Suggests Trend Of Withdrawals In a new post on X, the institutional DeFi solutions provider Sentora (formerly IntoTheBlock) has talked about the latest trend in the Exchange Netflow of Ethereum. The “Exchange Netflow” here refers to an on-chain metric that keeps track of the net amount of the cryptocurrency moving into or out of the wallets associated with centralized platforms. When the…

Tallin, Estonia, May 15th, 2025, Chainwire Sportsbet.io, the crypto-led sportsbook, has launched a major giveaway offering users the chance to win 1 million stablecoin, USDT, as the UEFA Champions League enters its decisive final stages. Open to all verified users of the platform, the initiative requires a 1 USDT entry fee. Participants must correctly answer a set of twenty football-focused questions. Those who submit all correct answers may be eligible to claim the full 1 million USDT prize. The launch is timed to coincide with the conclusion of the 2024/25 UEFA Champions League season, one of the most-watched sporting events globally.…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Ethereum’s (ETH) dominance as the foundational layer faces a nuanced challenge. While it focuses on making its underlying tech better and faster, other networks, primarily Solana (SOL) in this case, have seen a huge growth in the number of apps people can use. This makes us wonder whether Ethereum’s current way of doing things is helping or hurting its ability to attract and keep the people who build these apps. New app ideas face many tough questions…

Ukraine may soon be reviewing a legislative proposal to create a state Bitcoin reserve with backing from cryptocurrency exchange Binance. According to local media, Ukrainian MP Yaroslav Zhelezniak, who also serves as First Deputy Chairman of the Finance Committee, has confirmed plans to introduce the draft bill in parliament soon. “We will soon submit a draft law from the industry allowing the creation of crypto reserves,” Zhelezniak was quoted as saying. While the final version is still being refined, Zhelezniak has clarified that the initiative will focus exclusively on Bitcoin, shifting from earlier mentions of broader crypto reserves. If the…

One of the most popular Ethereum wallets, MetaMask, is still considering launching its native token for users, further magnifying its presence in the fast-moving crypto industry.  In a recent podcast with TheBlock, MetaMask co-founder Dan Finlay revealed that the Ethereum wallet is still considered a native token. While replying to this long-standing question regarding the native token launch, Dan has hinted that his firm “maybe” has some plan.  When asked in the interview when the company is planning to launch its token, Dan said, “Maybe, if the token is issued, it will be directly promoted in the wallet, and users…

DAR crypto saw a massive price pump ahead of its scheduled delisting from Coinbase. According to CoinGecko, the token, originally tied to the blockchain game Mines of Dalarnia, shot up nearly 690% to hit an intraday high of $0.48 on the morning of May 15 morning Asian time, before cooling off to around $0.39 at press time. The rally happened in an extremely high-volume environment, with daily trading volume spiking 14,600% from the previous day to cross $64 million. This kind of activity clearly shows traders were piling in, possibly due to fear of missing out (FOMO). The sharp uptick…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Over the past few weeks, Ethereum has performed remarkably well, reclaiming the $2,500 price mark, a level not seen in months due to the heightened bearish pressure that hampered the asset’s growth. ETH’s renewed upward trend is believed to be triggered by several key factors, but one factor tends to stand out in the notable price growth. Key Driver Behind Ethereum’s Recent Surge As the market improves, Ethereum witnessed a surge past the $2,500 level in a decisive move that put the asset in the spotlight. However,…

The Ethereum Foundation has launched the “Trillion Dollar Security” (1TS) initiative, a sweeping plan aimed at enhancing Ethereum’s security architecture to support trillions in on-chain value. According to a May 14 official announcement, the goal is to make Ethereum (ETH) secure enough to support trillions of dollars in value held by individuals, companies, and even governments. Ethereum is already one of the most secure blockchains and powers thousands of decentralized apps.  But the Foundation says this isn’t enough. To support the next wave of users and real-world adoption, Ethereum needs stronger protections across every part of its system, from wallets…

Melania jumped 27.8% as volume rose 49% and Open Interest climbed over 35%—a clear demand spike. Longs now dominate with 68% positioning, but $0.53 could become a key resistance for short-term profit-takers. After struggling on its price charts, hitting a new all-time low, Official Melania Meme [MELANIA] has made a strong upswing. For the first time in two weeks, the memecoin has recorded gains for three consecutive days. In fact, as of this writing, MELANIA was trading at $0.47. This marked a 27.8% increase over the past 24 hours. Over the same period, its volume was up by 49.44%, reaching $124.19…