Author: Yeek.io

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…

ETH’s funding volume chart from 2023 to March 2025 showed price fluctuations and trading activity. The peak of 160.89K new addresses in early 2021 mirrored the recent 17,855.3 ETH purchase, suggesting fresh investor interest. Ethereum’s [ETH] market remains highly reactive to large purchases and institutional activity, which can influence price trends and overall sentiment. The recent acquisition of 17,855.3 ETH by “7 Siblings” raised speculation about a potential market rebound or strategic investor positioning. The mysterious entity, “7 Siblings,” acquired 17,855.3 ETH for $36.68M in DAI, USDC, and USDT, averaging $2,054 per ETH. This entity reportedly held over 1,169,015 ETH…

Este artículo también está disponible en español. Ethereum price started a recovery wave from the $2,000 support zone. ETH is now rising and might aim for a move above the $2,350 resistance zone. Ethereum started a fresh upward move above the $2,220 support zone. The price is trading above $2,220 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $2,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,275 and $2,350 resistance levels to start a decent increase. Ethereum Price Eyes A Comeback Ethereum price started…

Bitcoin price started a recovery wave from the $82,000 zone. BTC is back above $88,500 and might revisit the $95,000 resistance zone. Bitcoin started a fresh upward move from the $82,000 zone. The price is trading above $90,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $90,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it fails to clear the $95,000 resistance zone. Bitcoin Price Starts Recovery Bitcoin price started a fresh decline below the $92,000 level.…

Ethena, a stablecoin protocol built on Ethereum with synthetic dollar USDe, will open their first major native token unlock of 2.07 billion $ENA today.What is Ethena ($ENA)?Ethena ($ENA) is a decentralized stablecoin protocol backed by Ethereum derivatives that offers a secure and scalable solution through its synthetic dollar, USDe. Ethena aimed to create a reliable alternative to traditional stablecoins like USDT and USDC, which depend heavily on banks or other real-world finance institutions. In a short time, USDe’s market capitalization surged to $6 billion, surpassed DAI and became the third-largest stablecoin (Source: Cointelegraph). Some key factors drive Ethena’s rapid growth:Instead of…

Australia’s finance watchdog has charged Brendan Gunn, the brother of Olympian breaker Rachael Gunn, for allegedly dealing with money suspected to be proceeds of crime while operating a fiat-to-crypto conversion company.In a March 5 statement, the Australian Securities and Investments Commission said Gunn was charged with one count of dealing with money that could be reasonably suspected to be the proceeds of crime.“It is alleged that Mr Gunn dealt with two bank cheques, which contained the proceeds of four investment amounts totaling $181,000 made by three victim investors who deposited funds for conversion to cryptocurrency,” ASIC said in its statement.Rachael…