Author: Yeek.io

The long-defunct Mt. Gox exchange has shifted a massive $1 billion worth of Bitcoin, marking its first major transaction in over a month. On Mar. 6, blockchain analytics firm Arkham Intelligence flagged the movement of 12,000 Bitcoin (BTC) from a Mt. Gox-linked wallet (1PuQB). The transaction, which cost just $1.64 in fees, distributed 166.5 BTC (~$15 million) to the exchange’s cold storage (1Jbez), while the remaining 11,834 BTC was sent to an unknown wallet (1Mo1n). Mt. Gox-affiliated wallets now hold around 36,080 BTC, valued at approximately $3.26 billion, according to Arkham Intelligence data. This is the first activity from these…

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…

Ethereum’s price has mirrored Bitcoin’s recent market movements. ETH experienced a rollercoaster performance earlier this week before rebounding with a 10% increase in the past 24 hours. This recovery follows a broader market correction that initially led to fear among investors. While Ethereum’s performance remains closely linked to Bitcoin’s price action, recent on-chain data suggests that ETH may enter a renewed accumulation phase. MVRV Ratio and Institutional Accumulation Trends A post uploaded on the CryptoQuant QuickTake platform by a contributor known as Mac has particularly pointed out Ethereum’s Market Value to Realized Value (MVRV) ratio, which suggests the asset is…

Who is Changpeng Zhao? He is the founder and former chief executive of Binance, known worldwide as the largest cryptocurrency exchange by trading volume. Known more commonly by his sleek initials, CZ, Changpeng Zhao has been instrumental in shaping the crypto exchange landscape, drawing both admiration and controversy.From fast-paced growth to legal scrutiny, his journey reflects the broader challenges of the cryptocurrency market. In this article, we explore CZ’s background, his impact on crypto projects, and the high-profile legal issues that have recently shaped his public image.Who is Changpeng Zhao?Changpeng Zhao, also known as CZ, is an entrepreneur who emerged…

Australia’s next federal election, set for mid-May, could be a key inflection point for institutional crypto participation, according to crypto exchange OKX Australia’s newly appointed CEO.Speaking to Cointelegraph, OKX Australia CEO Kate Cooper said one of her hopes for the upcoming election is the introduction of the crypto legislation that’s already been designed and consulted on for the last two years.In August 2022, the Australian government announced that it would initiate a series of consultations with industry players, investors and stakeholders to start drafting a regulatory framework for the cryptocurrency sector. Source: Kate Cooper “I think the industry as a whole has…

The stablecoin issuer Tether has hired a new chief financial officer (CFO) and committed to completing a full audit. The veteran finance executive Simon McWilliams will now serve as CFO for Tether, which issues the dollar-pegged USDT, the top stablecoin by market cap. McWilliams will lead the stablecoin issuer toward a full audit and “spearhead Tether’s further commitment to transparency and regulatory readiness,” according to a press release from the firm. Tether didn’t provide a timeline for the audit. The firm already releases quarterly attestation reports with the accounting giant BDO, but it says a full audit will “ensure greater…

On-chain data shows the Bitcoin investors have participated in a massive amount of loss taking as the asset’s price has gone through a crash. Bitcoin Entity-Adjusted Realized Loss Observed A Sharp Spike Recently In a new post on X, the on-chain analytics firm Glassnode has talked about the latest trend in the Realized Loss for Bitcoin. The “Realized Loss” here refers to an indicator that measures the total amount of loss that the investors are ‘realizing’ through their transactions on the network every day. The metric works by going through the transfer history of each coin being sold on the…

A New Hampshire House committee passed the US state’s Bitcoin reserve bill in a 16-1 vote on March 5 — making it the latest US state to send a Bitcoin bill to the House for a full floor vote.The House Commerce and Consumer Affairs Committee’s passing of House Bill 302 makes it one of seven live US state bills to have made it to the House, according to Bitcoin Laws.If passed, the bill would allow New Hampshire’s treasurer — at their discretion — to invest 5% from the general fund, the revenue stabilization fund or any other funds authorized by…

Monad NFT Week is officially underway, bringing a series of exclusive NFT drops, collaborations, and whitelist opportunities. Hosted on the Monad Testnet, this event is a major opportunity for collectors and creators to engage in premium mints. Here’s a breakdown of everything happening this week.Source: NFTevening.comLearn more: Monad Airdrop Guide1. Testnet Juice – Monad NFT Mint Week Unique NFTSource: Magic EdenTestnet Juice is a unique 1/1 NFT collection celebrating the launch of Monad NFT Mint Week, powered by Magic Eden x Krito.Status: Live nowSupply: UnlimitedPrice: 1 $MONMint Platform: Magic Eden LaunchpadEligibility: PublicMint Date: March 7, 2025, 7:00 UTCSupply: 4,444 NFTs…

Homepage > News > Business > E-commerce market cap poised for growth; GTA 6 eyes metaverse While blockchain technology has recently expanded its presence in e-commerce, a new report suggests that the metaverse will boost its market share within the ecosystem. The metaverse is expected to clinch a market valuation of $255 billion by 2033, buoyed by several factors. From $9.5 billion in 2025, the push to $255 billion translates to a compound annual growth rate (CAGR) of 39% over an eight-year period. The metaverse allows users to interact in an immersive virtual world, leveraging next-gen solutions like virtual reality…