Author: Yeek.io

Betting against Ether has been the best performing exchange traded fund (ETF) strategy so far in 2025, according to Bloomberg analyst Eric Balchunas.Two ETFs designed to take two-times leveraged short positions in Ether claimed (ETH) first and second place in a Bloomberg Intelligence ranking of the year’s top-performing funds, Balchunas said in a post on the X platform.  In the year-to-date, ProShares UltraShort Ether ETF (ETHD) and T Rex 2X Inverse Ether Daily Target ETF (ETQ) are up approximately 247% and 219%, respectively, Bloomberg Intelligence data showed. The implications for Ether are “brutal,” Balchunas said. Ether itself is down approximately 54% year-to-date on…

Key Takeaways: Fraudsters have used false claims to lure victims into scams involving fake promotions, phishing, and unauthorized “conversions.” Tactics include impersonating official channels, offering high-yield investments, and staging fake recruitment for digital yuan promotion. The central bank reiterated that digital yuan distribution occurs only through approved banks and platforms. The People’s Bank of China Digital Currency Research Institute has denied claims circulating online about the launch of a “Digital Yuan Bank” and related recruitment efforts, according to a report by The Securities Times published on April 11.The report states that various platforms have spread false information alleging new pilot…

Homepage > News > Business > Washington to weather data: Alexander Mann on Weekly Livestream Alexander Mann is a blockchain entrepreneur and Junior Public Affairs Advisor at the BSV Association. He founded Smart Grow Agritech to utilize Internet of Things (IoT) devices to improve agriculture, something he has a background in and is deeply passionate about. title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen=””> Introducing Alexander Mann Mann tells us a little bit about himself to kick things off; he has both tech and agriculture backgrounds, having been raised in rural America and worked in…

The OKX x Babylon Trade and Earn Campaign allows you to claim a share of a 700,000 $BABY prize pool! Open to both new and existing users, this event rewards you for depositing, trading, and referring friends. Whether you’re new to crypto or a seasoned trader, the Babylon campaign offers exciting opportunities to earn $BABY tokens.How to Join the EventFeaturing a total prize pool of 700,000 $BABY, rewards will be shared among all participants, with exclusive benefits for new users. The “Babylon Trade and Earn” campaign kicks off on April 10, 2025, at 10:15 UTC and concludes on April 24,…

In a significant win for decentralized finance (DeFi) protocols, US President Donald Trump overturned the Internal Revenue Service’s DeFi broker rule, which would have expanded existing reporting requirements to include DeFi platforms.Increasing US crypto regulatory clarity will attract more tech giants to the space, requiring existing crypto projects to focus on more collaborative tokenomics to survive, according to Cardano founder Charles Hoskinson.Trump signs resolution killing IRS DeFi broker ruleTrump signed a joint congressional resolution overturning a Biden administration-era rule that would have required DeFi protocols to report transactions to the Internal Revenue Service.Set to take effect in 2027, the IRS…

XRP price has lost momentum this year despite benefiting from notable headlines like the end of the SEC case.  Ripple (XRP) was trading at $2 on Friday, down 41% from its highest point this year, dragging its market cap from $190 billion to $118 billion. Still, there are rising odds that XRP will overtake Ethereum (ETH), whose price has crashed by over 61%. As we have predicted, there are rising odds that Ether will plunge below $1,000 this year.  This year’s price action has narrowed the spread between their two market caps to just $45 billion. Here are some of…

Cryptocurrency exchanges offer exciting ways to trade and grow digital assets. Many platforms now include referral programs to attract new users and reward loyal ones. These programs provide bonuses, fee discounts, or extra perks when you invite friends to join. A referral code acts as your ticket to these benefits, making trading more affordable and fun.This guide will cover what the Phemex invite code is, what the benefits of using an invitation code are, and a step-by-step guide on how to use the Phemex referral code.What is Phemex Referral Code?A Phemex referral code is an invite code shared with new…

Key Takeaways: Trade wars and a 2.30% dollar decline now fuel Schiff’s prediction of BTC collapse in 2025. Bitcoin ETFs lost $871.6 million over six days despite BTC’s slow recovery. China imposes a 125% retaliatory tariff, intensifying market uncertainty. Peter Schiff, a staunch advocate for gold, has reignited the debate about Bitcoin’s future, asserting that “the financial crisis of 2025 will kill” the cryptocurrency. Schiff, who has long been a Bitcoin critic, argues that the digital asset is too volatile to survive another major economic downturn.Satoshi Nakamoto’s Bitcoin Design Flaws Projected to be ExposedIn an X post on April 10,…

Fartcoin price gained momentum on Friday as it jumped by over 26%, making it one of the best-performing tokens in crypto.  Fartcoin (FARTCOIN), the third-largest Solana meme coin, rose to $0.9192—its highest point since January 31. The token has now climbed 332% from its lowest level this year.  The ongoing surge coincides with a sharp increase in futures open interest, which hit a record high of $422 million. This is a significant rise compared to the $95 million recorded on the same day last month. Rising open interest often signals growing demand and speculative activity from traders. The rally also…

BlackRock’s BUIDL fund has seen rapid growth in the past few weeks, showing growing recognition of blockchain’s role in tradFi. The investor appetite for blockchain-based securities is growing, despite a market downturn. On Friday, April 11, BlackRock’s BUIDL fund surpassed $2.1 billion in assets under management on Ethereum (ETH). These funds account for 90.5% of all BUIDL tokens across the seven chains it supports. BREAKING: The BlackRock BUIDL fund’s AUM on @ethereum surpassed $2 billion.BUIDL is currently available on 7 chains, with ~90.5% of the fund’s AUM tokenized on Ethereum. pic.twitter.com/V3WeHVDp9Y— Token Terminal 📊 (@tokenterminal) April 11, 2025 The BUIDL…