Author: Yeek.io

Onchain activity for Tether has hit a sixth-month high, possibly indicating traders are gearing up to jump back into the market, according to analysts.  Data shared by the blockchain data platform Santiment in a March 12 X post shows Tether’s (USDT) onchain activity has been on the rise, peaking with over 143,000 wallets making transfers on March 11, the highest in six months.“When USDT & other stablecoin activity spikes during price drops, traders are preparing to buy. Added buy pressure aids in crypto prices recovering,” Santiment said.Onchain activity for Tethers USDT has spiked, reaching a sixth-month high. Source: SantimentIt comes as…

Ethereum’s value against Bitcoin has hit its lowest level since mid-2020, with a crypto trader suggesting that it might be time to shift into higher-performing altcoins.“If still stuck on ETH, it is likely a good time to dump it to buy a higher beta altcoin,” economist and crypto trader Alex Kruger said in a March 12 X post.ETH/BTC ratio is an altcoin season indicator“If the market goes down, you’ll likely lose equally in both cases, but if it goes up, you’ll likely outperform significantly and can then swap into BTC,” Kruger opined.The ETH/BTC ratio — which shows Ether’s relative strength…

Solana started a recovery wave above the $120 resistance zone. SOL price is now consolidating and might struggle to recover above the $132 resistance. SOL price started a fresh decline below the $150 and $140 levels against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a short-term rising channel forming with support at $124 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $132 zone. Solana Price Faces Resistance Solana price struggled to clear the…

Investment firm MGX (Abu Dhabi) has invested $2 billion in Binance, marking the first institutional investment in the world’s largest cryptocurrency exchange. This is also the largest crypto deal ever conducted using stablecoins. The investment not only strengthens Binance’s position but also reflects the growing synergy between blockchain, AI, and digital finance.MGX Injects $2 Billion into Binance – The World’s Leading Crypto ExchangeOn March 12, 2025, MGX, a tech-focused investment firm based in Abu Dhabi, invested $2 billion in Binance. This marks the largest stablecoin-based investment ever and the first time a major financial institution has funded Binance. However, they…

Blockchain payment provider Ripple received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE).The company announced on March 13 that it had secured its DFSA license, allowing it to operate in the Dubai International Financial Center (DIFC), a UAE free-economic zone with its own tax policies and regulatory framework.The announcement came almost six months after the company announced its receipt of an in-principle approval of the DFSA license. On Oct. 1, 2024, Ripple revealed that it was working to become licensed by the DFSA as it aimed…

The global investment management giant VanEck has filed for a new Avalanche (AVAX) exchange-traded fund (ETF) in the US. Documents submitted to the state of Delaware this week hint at the new possible ETF, which presumably would be tied to the price of the Ethereum (ETH) layer-1 rival. VanEck currently offers ETH and Bitcoin (BTC) ETFs and has filed for a Solana (SOL) exchange-traded fund, which has yet to be approved. Matthew Sigel, the firm’s head of digital assets research, said last summer that the SOL filing was a bet on Donald Trump winning the presidency. The investment giant has also…

SIMD-228 proposal, which aims to cut SOL inflation by 80%, has gained 35.7% support from Solana validators so far. According to data from Dune Analytics, 701 out of the 1327 active Solana (SOL) validators have voted. 1.2% have abstained, 17.2% are against the proposal, and 37.5% are in favor. If SIMD-228 were approved, it would drastically cut staking rewards, reducing the amount of fresh SOL tokens entering circulation. There have been some concerns about how this would affect the network’s decentralization, even though it might lessen selling pressure. Currently, Solana’s inflation models depend on striking a balance between transaction fee…

Hardware wallet provider Trezor has patched up a security flaw in two of its latest models after competitor firm Ledger’s open-source research arm discovered a vulnerability in their microcontrollers. Ledger Donjon acknowledged Trezor has made several security advancements of late but found cryptographic operations could still be performed on the microcontroller of Trezor’s Safe 3 and 5 models, which could make them “vulnerable to more advanced attacks.”Fortunately, Trezor has since addressed the vulnerabilities found, Ledger’s chief technology officer Charles Guillemet said in a March 12 X post.“We believe that making the ecosystem more secure helps everyone, and is critical as we…

Homepage > News > Business > Kia, Samsung explore IoT; T-Systems dips into metaverse South Korea-based companies Kia and Samsung have signed a deal to collaborate on Internet of Things (IoT) technologies in automobiles, unveiling new consumer use cases. KIA will begin integrating its purpose-built vehicles (PBVs) into Samsung’s AI-powered IoT platform, SmartThings Pro. Both entities signed the Memorandum of Understanding (MoU) at the 2025 Kia EV Day event in Spain, signaling a complete acceptance of emerging technologies. Beginning with its PV5 model, Kia will retrofit SmartThings Pro to enhance business mobility, ensuring seamless connectivity between its vehicles and commercial…

ADA price prediction looks bullish after retracing all the gains it made following the strategic reserve announcement. The obstacles overhead were significant, and the sentiment across the market meant buyers were reluctant to enter. Cardano [ADA] saw a 17.8% price gain in the past 36 hours. Speculation that Gemini might list Cardano on their exchange, combined with the U.S. crypto strategic reserve news from earlier this month, could have changed investor sentiment in the past two days. While the co-founder of Gemini didn’t think Cardano was a suitable asset for the strategic reserve, he didn’t downplay the listing possibility either.…