Author: Yeek.io
ETH ETF flows briefly turned positive on Tuesday but logged $63M outflows on Wednesday. There was an increased interest in ETH as a corporate treasury asset. Ethereum [ETH] ETF flows turned positive after 10 days of an outflow trend, signaling a likely renewed demand for the altcoin. On the 4th of March, the products logged $14.58M inflows, and marched with a relatively stronger trading volume, noted Matthew Sigel, head of digital research at VanEck. He said, “ETH – Yesterday marked the first positive flow day for ETH ETPs in 10 trading sessions. Trading volumes were also strong yesterday at $527mn…
Kraken confirmed it will begin the next round of FTX payouts on May 30, covering claims both below and above $50,000. According to FTX creditor representative Sunil’s recent post on X, Kraken has begun sending emails to FTX users, confirming that the next round of FTX payout distribution will take place on May 30. This distribution, which marks the second round of FTX repayments, will cover claims both below and above $50,000. FTX Claims DistributionDistributor: Kraken@krakenfx has started sending out emailsto FTX customers confirming the Next FTX distribution 30th May 2025Claims <$50k and Claims> $50k are included in this distribution…
The M2 money supply includes cash, checking deposits, and other liquid assets. Historically, Bitcoin’s price often rises when M2 expands, as more liquidity pushes investors toward alternative assets like crypto.Colin Talks Crypto, a popular analyst on X (Twitter), pointed to a sharp increase in global M2. He described the jump as a “vertical line” on the chart, signaling an upcoming surge in asset prices. He believes the rally will benefit stocks, Bitcoin, and the wider crypto market.Vandell, co-founder of Black Swan Capitalist, agrees that global M2 directly impacts Bitcoin. He notes that market downturns often follow M2 declines by about…
Homepage > News > Finance > SEC announces ‘Crypto Task Force’ staff, roundtable series On March 3, a busy day for the United States Securities and Exchange Commission (SEC) saw it announce the members of its new Crypto Task Force, who will immediately get to work by hosting a series of roundtables to discuss key areas of interest in regulating digital assets. The task force was launched back in January by Acting Chairman Mark Uyeda to help the Commission “draw clear regulatory lines, provide realistic paths to registration, craft sensible disclosure frameworks, and deploy enforcement resources judiciously.” It is made up…
MOVE rebounded from its recent drop after Donald Trump’s World Liberty Financial made a significant investment in the altcoin, sparking speculation of a possible inclusion in the government’s strategic cryptocurrency reserve. After hitting an all-time low of $0.391121 on March 4, 2025, amid escalating trade war concerns, Movement (MOVE) rebounded to an intraday high of $0.505 on March 6, posting double-digit gains of roughly 29.1%. As per the last check during the Asian afternoon session, its gains stood at over 33% from its local low on Tuesday. The altcoin’s market cap was seated at over $1.15 billion, while its daily…
The stablecoin market demonstrates expanding user demand through its current $229.98 billion market capitalization. Stablecoins ensure stability in an unpredictable market because they serve as key assets for trading purposes and decentralized finance (DeFi) applications. Stablecoin’s share of the total cryptocurrency market reached 7.75% on March 5, 2025. Tether (USDT) continues to be the biggest stablecoin dominating the market at 63.57%. The extensive use of this stablecoin spans across multiple trading channels which explains its high market percentage. Leading Stablecoins by Market Value The market capitalization of Tether (USDT) reaches $142.4 billion which positions it as the largest stablecoin. USDT…
The United States’ financial regulators are stepping up their discussions about how to regulate crypto. Discussions have been taking place between the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) staff members with the goal of improving coordination. Caroline Pham, the CFTC Commissioner, confirmed the renewed conversations, highlighting the importance of closer cooperation. Through a post on X, FOX Business correspondent Eleanor Terrett disclosed Pham’s responses to the ongoing discussions. A Call for Increased Collaboration The CFTC and SEC have not been able to agree for a long time on how to handle digital assets. Former SEC…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…
On March 5 (U.S. time), Bitcoin surged above $91,000. Notably, all U.S.-related coins, Trump-affiliated tokens, and U.S.-based company projects ranked among the top gainers.Why Are U.S. Coins the Strongest Gainers Today?🇺🇸 BIG WINNERS OF U.S. CRYPTO POLICY: $XRP, $ADA, and $SOL are thriving, with $AVAX awaiting recognition and $SUI, $FIL, $APT, $NEAR, and $MOVE gaining momentum after White House invitations.Meanwhile, $LINK, $LTC, $DOT, and $HBAR are stronger candidates for the strategic… pic.twitter.com/igFyXojJgN— Cointelegraph (@Cointelegraph) March 5, 2025XRP, ADA, and SOL are thriving. AVAX awaits further recognition. SUI, FIL, APT, NEAR, and MOVE gained momentum after invitations from the White House.Meanwhile,…
Pectra upgrade, explained Ethereum’s Pectra upgrade combines two separate upgrades: the Prague upgrade and the Electra upgrade.The Prague upgrade is focused on changes to the network’s execution layer, with the Electra upgrade impacting the consensus layer. These upgrades, when combined, are collectively referred to as the “Pectra” upgrade.The Pectra upgrade will follow “Dencun,” an amalgamation of the Deneb and Cancun upgrades, which occurred in March 2024. Dencun was technically an Ethereum hard fork designed to lower transaction fees for layer-2 solutions and improve Ethereum scalability. Pectra is a new milestone on Ethereum’s development roadmap. Ethereum developer Terence Tsao shared that the…