Author: Yeek.io

Homepage > News > Business > The institutions are coming (but not like you think) Last month, I wrote about how institutional traders are not coming to save digital currency traders. 71% of institutional traders have no intention of getting involved in digital currency markets anytime soon. However, that piece deserves a follow-up, showing that the institutions are coming into blockchain technology and digital assets in a big way. While the big banks’ trading desks have realized most coins are worthless, the biggest financial institutions in the world are waking up to just how powerful blockchain technology, digital currencies, and…

The Australian Federal Police have kicked off an investigation into a major crypto scam where fraudsters posed as Binance representatives to defraud locals. In a joint statement, the AFP, National Anti-Scam Centre, and Binance Australia revealed that the scam was uncovered through Operation Firestorm, a global crackdown on digital fraud. They warned that over 130 potential victims had already been targeted in the scheme. Scammers posed as Binance representatives and contacted victims with fake warnings, claiming that their Binance accounts had been breached.  Using encrypted messaging platforms and SMS, the bad actors sent “spoofed” messages that looked like they came…

ETH/BTC is a strong indicator of a trend reversal in Ethereum’s favor against Bitcoin. Volume indicators confirm seller exhaustion—will it translate to a price increase? Following the recent Federal Open Market Committee (FOMC) meeting, which signaled a slowing economy, both Bitcoin [BTC] and Ethereum [ETH] have successfully reclaimed critical resistance levels.  This development raises whether ETH, currently at a five-year low against BTC in the ETH/BTC pair, could outpace Bitcoin in an impending market rebound. Market dilemma: Execution or speculation? Amid concerns about the economic impact of tariffs, the Federal Reserve maintained the borrowing rate at 4.25%-4.5%, unchanged since December.…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin (BTC) has surged nearly 4% in the past 24 hours amid the ongoing volatility. As the price retests the $85,000 resistance, some analysts suggest a jump to $90,000 could be around the corner. Related Reading Bitcoin Retests $85,000…

Key takeawaysPoR audits are cryptographic verifications used by cryptocurrency exchanges to prove they hold sufficient assets to cover customer deposits. Using methods like Merkle trees and zero-knowledge proofs, PoR ensures transparency, similar to how capital reserves are mandated in traditional finance for stability.Coinbase’s cbBTC uses PoR to verify that for every wrapped Bitcoin, an equivalent amount is securely held in Coinbase’s custody. PoR audits can verify asset holdings but do not account for liabilities, which can mislead users about an exchange’s solvency. Proof-of-reserves (PoR) audits have become a vital tool in the cryptocurrency industry to promote transparency and security, especially in the wake…

The modular DeFi oracle RedStone has denied circulating rumors of partnering with web3 acceleration platform Web3Port and market maker Whisper. RedStone (RED) has dispelled false rumors of partnering with Web3Port and Whisper, stating that neither of these entities have influence on their market activities and have never provided services to RedStone. According to RedStone’s announcement, any claims of the said partnership were false and made without their consent and knowledge. The company demanded that these false claims be removed, but some traces might still be circulating online. Important Clarification: RedStone Does Not Work with Web3Port & Whisper.We want to address…

SHIB may be eyeing a breakout above its $0.00001260 key resistance level Technical analysis revealed a potential rally towards $ 0.00001280 in the short term Popular memecoin Shiba Inu has struggled to record any significant price recovery following a sustained downtrend since the start of the year. However, at the time of writing, SHIB saw its price rise by 2.20% as trader participation and Open Interest surged across the board. At the time of writing, Shiba Inu was trading at $0.00001255. Thanks to a high correlation to Bitcoin’s price movement and the anticipated hike in network adoption, can SHIB mimic…

As of now, Pepe Coin (PEPE) is trading at $0.000007216 after registering a 7.10% increase over the past 24 hours, although it has experienced a significant 27.28% decline over the last 30 days. This mix of short-term gains and medium-term corrections reflects the inherent volatility of meme coins. Pepe Coin Price Analysis This divergence between short-term gains and medium-term losses is common in the meme coin sector, where prices are heavily influenced by social media sentiment, speculative trading, and broader market conditions. Moving Averages and Trendlines Analyzing PEPE’s charts across different timeframes reveals a complex yet informative picture: Short-Term (4-Hour…

The Dubai government has started the pilot phase of a project that will convert real estate assets into digital tokens on the blockchain. The Dubai Land Department (DLD), a government entity responsible for registering, organizing and promoting Dubai real estate, announced that it started the pilot phase of its real-estate tokenization project. The project was launched in collaboration with the Dubai Future Foundation (DFF) and the Virtual Assets Regulatory Authority (VARA), Dubai’s crypto regulator. The token launch makes the DLD the first real-estate registration entity in the UAE to implement tokenization on property title deeds. DLD expects the sector to grow $60 billion by…

Pakistan is moving to create a clear regulatory framework for cryptocurrency trading, aiming to attract international investment and boost economic growth. In a bold shift from previous caution, the country is working to formalize digital-asset activities.Bilal bin Saqib, CEO of the Pakistan Crypto Council and the newly appointed chief advisor to the finance minister for digital assets, told Bloomberg recently that this initiative is a necessary step toward unlocking Pakistan’s vast potential.“Pakistan is done sitting on the sidelines,” Saqib declared. “We want to attract international investment because Pakistan is a low-cost high-growth market with 60% of the population under 30.…