Author: Yeek.io
Ethereum has slipped back into a familiar range that previously capped price action for nearly two years. With key support levels now under pressure, the market faces a critical moment that could define Ethereum’s (ETH) direction for the months—or even years—ahead. The second largest crypto by market cap has fallen back into its previous 2022 trading range, a zone that historically led to a long period of sideways movement. As the price now trades within familiar territory, traders must pay close attention to key support and resistance levels that will likely dictate the next macro move. Source: Tradingview Key points:…
Trading leverage allows you to make large trades with a small deposit. It can enhance your profits, but it also raises the risk. If you’re considering using leverage, you must know how it works and how to control the risks. This blog will discuss high leverage in trading so you can trade wisely and steer clear of common mistakes.What is Leverage in Trading?Leverage is borrowing funds from your broker to expand your trading capacity. It is described as a ratio, such as 10:1, 50:1, or even 100:1. A 10:1 leverage implies that you have control over $10 worth of trades with…
Homepage > News > Business > Binance’s $81B trial in Nigeria pushed to April 30 A Nigerian court has pushed the start of the $81 billion trial of global exchange Binance by three more weeks, Reuters reports. In February, Nigeria filed a lawsuit against the exchange, demanding $79.5 billion for sabotaging its economy and an additional $2 billion in back taxes after operating for over five years without paying any. The lawsuit was set to commence at the start of April. However, according to Reuters, a court in Abuja adjourned the trial to April 30 to give the Federal Inland Revenue Service (FIRS) time…
The cryptocurrency industry has always been heavily focused on crypto community building. From Bitcoin’s early days of grassroots adoption to the rise of meme coins and decentralized autonomous organizations (DAOs), “community” has been a driving force behind many projects. However, this intense focus on community sometimes comes at the expense of actual product development, leading to a cycle of hype-driven investments rather than sustainable innovation. In this article, we will explore why community engagement remains central to crypto, the risks of overhyping projects without real substance, and whether Web3 can strike a balance between community-driven crypto growth and tangible execution.…
Cryptocurrency, or crypto for short, has opened up a whole new world for traders in 2025. What started out as an obscure alternative currency project has quickly become a household name, and the offerings surrounding crypto have grown exponentially. While traders and investors who first got into crypto would have to handle assets like Bitcoin or Ethereum directly, now investors can take advantage of crypto ETFs, crypto trusts, and even crypto derivatives. But if you’re new to investment vehicles like crypto derivatives, you might not know exactly what these are, how to incorporate them into your investment strategy, or what…
Opinion by: Roman Cyganov, founder and CEO of AntixIn the fall of 2023, Hollywood writers took a stand against AI’s encroachment on their craft. The fear: AI would churn out scripts and erode authentic storytelling. Fast forward a year later, and a public service ad featuring deepfake versions of celebrities like Taylor Swift and Tom Hanks surfaced, warning against election disinformation. We are a few months into 2025. Still, AI’s intended outcome in democratizing access to the future of entertainment illustrates a rapid evolution — of a broader societal reckoning with distorted reality and massive misinformation.Despite this being the “AI era,”…
BPay Global, a subsidiary of Binance, secured a Payment Service Provider license from the Central Bank of Bahrain, as confirmed in an announcement on April 9.The license allows Binance to expand its fiat services through BPay Global, operating as a regulated entity in Bahrain.BPay Global is authorized to provide fiat top-ups, withdrawals, custodial services, and e-wallet functions. Binance users can now conduct fiat transactions through bank transfers and debit or credit cards directly on the platform. The Central Bank of Bahrain (CBB) has granted a payment service provider license to BPay Global, a subsidiary of Binance, to operate in the…
Quick take: Block has agreed to pay a penalty of $40 million for inadequate compliance. The company is also required to undergo a comprehensive performance evaluation of its compliance with the department’s regulations and remediation efforts conducted by an independent monitor. The department said its investigations reportedly revealed that Block failed to conduct adequate customer due diligence and implement sufficient risk-based controls against money laundering. Jack Dorsy’s fintech company, Block, has agreed to a settlement of $40 million with the New York Department of Financial Services (NYDFS) for having inadequate anti-money laundering controls. According to the press release on Thursday,…
Crypto exchange Kraken is joining forces with Mastercard to allow digital asset holders in the UK and Europe to spend their cryptocurrencies at over 150 million merchants worldwide.As part of the partnership, Kraken will soon launch both physical and digital debit cards that enable users to spend crypto and stablecoins for everyday purchases, according to a recent press release.These cards will integrate directly with Kraken Pay, the exchange’s cross-border payment platform introduced earlier this year.Kraken Pay Enables Transactions in 300+ CurrenciesKraken Pay supports transactions in more than 300 crypto and fiat currencies, expanding the real-world utility of digital assets.According to…
For those who know, before spot Bitcoin Exchange Traded Funds (ETFs) became the thing, there was Bitcoin Futures ETFs. In fact, as far back as October 2021, the first U.S. Bitcoin Futures ETF—ProShares Bitcoin Strategy ETF (ticker: BITO)—began trading on the New York Stock Exchange. Within just two days, it amassed over $1 billion in assets. Since then, Bitcoin Futures ETFs have remained a key financial instrument, especially for institutional investors looking to gain exposure to Bitcoin without directly holding the asset. Even with the launch of spot Bitcoin ETFs in early 2024, futures-based funds continue to attract interest, as…