Author: Yeek.io

California Legislators have endorsed bitcoin nonprofit founder Dom Bei in his campaign for a seat on the board of the California Public Employees’ Retirement System (CalPERS). CalPERS oversees a massive $500 billion pension fund serving over 2 million public sector retirees. If elected, Bei would be the first openly pro-bitcoin voice on the 13-member board. Bei is a 16-year veteran firefighter who founded Proof of Workforce, a nonprofit providing bitcoin education to workers, unions and pension funds. He previously served on Santa Monica’s pension advisory board and played a key role in the city’s firefighters union, becoming one of the…

Bitcoin must close the week above $89,000 to signal an end to the short-term downtrend, says a crypto analyst.“The only way for Bitcoin to confirm that the bottom is actually in would be to close a weekly back above $89K,” crypto analyst Matthew Hyland said in a video posted to X on March 13. Without $89,000 close, Bitcoin may head toward $69,000Bitcoin (BTC) last traded at $89,000 on March 7, a level Hyland considers crucial since it was the support area where Bitcoin ultimately ended up “breaking down below.” After falling below $89,000, it dropped to $78,523 on March 11…

Hyperliquid is a decentralized perpetual futures trading platform with low fees and instant order matching. The best Hyperliquid referral code is “NFTE” to get a 4% lifetime discount on trading fees.This guide will explore what the Hyperliquid referral code is, its benefits, and how to use it to get rewards and trading fee rebates.What is Hyperliquid Referral Code?Hyperliquid referral code is a unique promo code, like “NFTE”, that you can use when signing up on the Hyperliquid platform. It gives you a 4% discount on trading fees for life, meaning every trade you make costs less forever. The exchange uses these…

Homepage > News > Finance > Vietnam pushes for ‘crypto’ adoption; Colombia eyes new bill Vietnam is set to introduce a digital asset legal framework this year as the country’s ruling party pushes for adoption. The push is led by Prime Minister Phạm Minh Chính, who called on the country to capitalize on blockchain and digital assets to achieve its ambitious national gross domestic product (GDP) growth rate target for 2025. Chính called on the Finance Ministry and the country’s central bank to submit the new proposals by the end of March. The premier’s order was followed up by the…

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…