Author: Yeek.io

MGX , the Abu Dhabi-based investment firm, has announced a $2 billion investment in Binance, the world’s largest crypto exchange. This deal marks the single-largest investment ever made in a cryptocurrency company and Binance’s first-ever institutional investment. A Landmark Investment in Digital Finance: On March 12, Binance confirmed that MGX, a state-owned UAE investment firm specializing in AI and advanced technology, is acquiring a minority stake in the exchange. The investment, reportedly made in stablecoins, reinforces MGX’s commitment to the future of blockchain and digital finance. Ahmed Yahia, CEO of MGX, highlighted the significance of this move: “MGX’s investment in…

Crypto trading volumes and dwindling digital asset prices are flashing signs of trader exhaustion and potentially weaker market momentum, according to analysts. Crypto-wide trading volume has been dropping since it peaked in February amid dip-buying opportunities. According to CoinGecko data, daily trading volume hit its highest level this year in early February when it reached $440 billion. It has since sunk by 63% to $163 billion on March 12. Market data firm CoinMarketCap has slightly lower figures but they show the same trend — that volume peaked in 2025 in early March before falling back 52% to current levels.  Analytics firm Santiment said…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a post on X, tech entrepreneur and podcast host Jason Calacanis leveled pointed criticism at Michael Saylor’s aggressive Bitcoin strategy. According to Calacanis, “Saylor’s relentless pumping of bitcoin, and his high-risk accumulation techniques, are damaging the Bitcoin ecosystem and brand. Too much centralization, too much hyperbole and too many conflicts. He’s actually setting up the perfect opportunity for someone to launch ‘a better bitcoin.’ I don’t know what that would look like, but he’s set the stage perfectly.” These remarks come on the heels of Saylor’s…

Ether (ETH) fell 13% between March 8 and March 11 as investors moved to short-term fixed-income and cash positions, seeking safety amid a global tariff war and rising fears of an economic downturn. ETH price needs 29% gains to reclaim $2.5KMarket concerns escalated after the United States responded to Canada’s electricity surcharge with retaliatory measures.S&P 500 futures (left, magenta) vs. Ether/USD (blue). Source: TradingView/CointelegraphTypically, traders tend to overreact, increasing the likelihood that Ether will rebound faster than other assets once market sentiment improves. While some argue that risk assets are driven by inflation and economic growth data, others believe gains…

On March 12, 2025, MEXC Ventures announced a $36 million investment into Ethena and its stablecoin USDe. This strategic move highlights the drive to revolutionize stablecoin technology, aiming to bridge traditional finance and DeFi while accelerating cryptocurrency adoption globally.Overview of the caseMEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, has announced a significant $36 million investment into Ethena ENA and its innovative stablecoin, USDe. This move, revealed on March 12, 2025, underscores a growing trend in the crypto industry toward advancing stablecoin technology to bridge traditional finance and decentralized systems. Stablecoins have become critical in decentralized finance (DeFi),…

At least three crypto founders have reported foiling an attempt from alleged North Korean hackers to steal sensitive data through fake Zoom calls over the past few days. Nick Bax, a member of the white hat hacker group the Security Alliance, said in a March 11 X post the method used by North Korean scammers had seen millions of dollars stolen from suspecting victims. Generally, the scammers will contact a target with a meeting offer or partnership, but once the call starts, they send a message feigning audio issues while a stock video of a bored venture capitalist is on the screen;…

An Argentine lawyer has requested an Interpol Red Notice against Hayden Davis, the co-creator of LIBRA. According to a March 12 report from local media outlet Página 12, attorney Gregorio Dalbon, known for having represented former Argentine president Cristina Fernández de Kirchner, filed the request with prosecutor Eduardo Taiano and Judge María Servini. For those unaware, an Interpol Red Notice is essentially a global alert requesting law enforcement agencies worldwide to locate and provisionally arrest someone. Similar notices have been asked for in high-profile crypto cases, including for Terraform Labs’ Do Kwon. In court documents, Dalbon reasoned that Davis played…

Google has introduced Gemma 3, the latest iteration of its lightweight open AI models, built on the same research and technology as its Gemini 2.0 models. Announced in a blog post, Gemma 3 is available in 1B, 4B, 12B, and 27B parameter sizes, offering improved portability, performance, and responsible development. Advancing AI Accessibility: The Gemma family has seen remarkable adoption, surpassed 100 million downloads and inspired a community-driven ecosystem known as the Gemmaverse, with over 60,000 model variants. With Gemma 3, Google aims to empower developers by providing models that run efficiently on various devices, from phones and laptops to…

Bitcoin’s price movements in March 2025 have been more stable, compared to altcoins Divergence is a sign of Bitcoin’s maturity as a stable asset, while altcoins face greater speculative pressure In March 2025, altcoins like Cardano [ADA], Solana [SOL], and XRP saw a sharp spike in realized volatility, with ADA hitting a record 150%, and SOL and XRP surpassing 100%.  Meanwhile, Bitcoin [BTC] also saw significant volatility, but it remained relatively subdued at 50% – Well below its historical highs. Realized volatility reflects price variation over a set period. The hike in ADA, SOL, and XRP volatility is a sign…

Bitcoin has continued its downward trajectory when observed over weekly and monthly timeframes, recording an 8.4% decline in the past week and a 16.2% drop over the past month. However, in the shorter time frame, signs of potential reversal are emerging. Over the past 24 hours, Bitcoin has seen a slight recovery, with its price rising to $81,647. This shift has led analysts to closely examine whale activity and exchange trends to determine whether the correction phase may be nearing an end. Binance’s Whale Activity and Its Impact on Bitcoin’s Trend One of CryptoQuant’s analysts, Darkfost, has identified a key…