Author: Yeek.io
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is trading below the $1,900 level after weeks of persistent selling pressure, and signs suggest that the downside momentum could continue. Bulls lost control back in late February when ETH failed to hold the $2,500 mark — a key level that many viewed as critical for sustaining a bullish outlook. Since then, Ethereum has continued to underperform, disappointing investors who had anticipated a strong 2025 rally fueled by growing institutional interest and market optimism. Instead, macroeconomic uncertainty, global tensions, and weakening market sentiment have weighed heavily…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is trading below the $1,900 level as selling pressure continues to mount, raising concerns that the recent downtrend could extend further. After losing the critical $2,500 support in late February, bulls have struggled to regain control. What began as a minor pullback has turned into a broader correction, disappointing investors who had anticipated a bullish 2025 for ETH. The failure to reclaim key levels has eroded market confidence, and price action remains weak across both short and mid-term timeframes. Ethereum’s inability to sustain even brief recoveries…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The cryptocurrency market was fairly stable despite the global macroeconomic headwind that rocked the traditional markets during the past week. The Ethereum price didn’t enjoy the same relief as other large-cap assets, beginning the month of April almost as it ended the first quarter of 2025. The second-largest cryptocurrency is on the verge of losing the $1,800 level, having declined in value by almost 5% in the past week. However, the latest on-chain data suggests that the Ethereum price might be close to a bottom and might…
Social messaging apps tend to make major news headlines a few times per year for either their use in planning some sort of crime or, more routinely, for users’ privacy concerns over how companies like Meta — which owns WhatsApp, Instagram and Messenger — handle user data. In a somewhat separate event, the Trump administration became the focus of national discussion after members of US President Donald Trump’s cabinet were found to be using Signal to plan military actions in Yemen. While a hack, backdoor access or misuse of user data was not the source of criticism in this scenario, the…
Several startups at the intersection of AI, blockchain, and fintech announced funding rounds this week. Codex raised the most capital, filling its coffers with $15.8 million. Dragonfly Capital led the seed round. According to Fortune, which first broke the news, the effort was part of a seed round with roughly $14 million coming from Dragonfly. Coinbase and Circle also took part in the fundraising, alongside Cumberland, Wintermute and Selini Capital. That was just one of several funding rounds announced in the past week. Read on for more. Ultra Luxembourg-based multi-family office NOIA Capital led the round through its NOIA Digital…
Opinion by: James Strudwick, executive director, Starknet FoundationThe outlook surrounding the use of new technologies has shifted in Washington. Tesla CEO and presidential adviser Elon Musk’s proposition to incorporate blockchain technology into the US Treasury has placed blockchain and its use for state finances at the forefront of the global debate. According to Musk, much of this drive is rooted in the concern over the unsustainability of current government spending. With its immutable ledgers and transparent audit trails, blockchain is waiting in the wind, offering a potential solution to managing vast public finances. Musk advocates for a unified information system that…
Binance co-founder Changpeng “CZ” Zhao donated over half a million dollars worth of crypto to the earthquake disaster relief effort in Thailand and Myanmar, in another testament to the growing utility of blockchain-based emergency charity efforts.Zhao donated 1,000 BNB (BNB) tokens worth almost $600,000 to the disaster relief funds for the region on March 3, blockchain data shows.Zhao donates 1,000 BNB. Source: BscScan“Sent 1000 BNB for the donation for Myanmar and Thailand,” wrote Zhao in an April 3 X post.The crypto donation comes after Thailand and Myanmar were hit by a 7.7 magnitude earthquake on March 28, causing severe damage…
The US Treasury Department sanctioned eight cryptocurrency wallet addresses linked to Russian crypto exchange Garantex and the Yemeni political and military organization the Houthis.The United States Office of Foreign Assets Control (OFAC) sanctioned eight crypto addresses that data from blockchain forensic firms Chainalysis and TRM Labs had linked to the organizations. Two are deposit addresses at major crypto platforms, while the other six are privately controlled.Visualization of transaction flow related to OFAC sanctions. Source: ChainalysisThe addresses in question reportedly moved nearly $1 billion worth of funds linked to sanctioned entities. Most of the transactions funded Houthi operations in Yemen and…
Traders on the Kalshi prediction market place the odds of a US recession in 2025 at 61%, following the sweeping tariff order signed by President Donald Trump on April 2.Kalshi uses the standard criteria of a recession, two business quarters of negative gross domestic product (GDP) growth, as reported by the United States Department of Commerce.Odds of a US recession on the prediction platform have nearly doubled since March 20 and mirror the current 2025 US recession odds on Polymarket, which traders on the platform currently place at 60%.The macroeconomic outlook for 2025 deteriorated rapidly following US President Donald Trump’s…
Cryptocurrency listings have outperformed the average of traditional stock listings, despite recent community criticism regarding the manipulation potential of token listings on centralized exchanges.Token listing procedures on centralized cryptocurrency exchanges (CEXs) drew significant controversy after Changpeng “CZ” Zhao, co-founder and former CEO of Binance, called the process flawed after disappointing performances of some token listings.Despite the criticism, crypto exchanges have outperformed traditional stock exchanges in terms of listings with positive returns on investment (ROI) and average ROI, according to an April 3 CoinMarketCap report shared exclusively with Cointelegraph.Over the past 180 days, crypto exchange listings had an average return of…