Author: Yeek.io

The AAVE token has surged by 135% from its April low, forming a V-shaped recovery and suggesting a potential 50% rally toward its 2024 high. AAVE (AAVE) price soared to $270 on Tuesday as Bitcoin (BTC) and other altcoins jumped. Its rally pushed its market capitalization to over $4 billion. AAVE jumped as the total value locked in its network rose to $25.5 billion. IThis figure has increased by over 24% in the last 30 days, reinforcing AAVE’s status as the largest protocol in the decentralized finance sector. Active loans on the platform climbed to $16.2 billion, up from the…

A Trump-branded crypto trading app and wallet is reportedly in development, according to a new website.  The site — TrumpWallet.com — invites users to join a waitlist for what it calls the “Official $TRUMP Wallet by President Trump,” created in partnership with Magic Eden and the team behind the TRUMP (TRUMP) memecoin.  Crypto journalist Molly White first reported the site’s existence, noting the application is designed to allow trading of the TRUMP token, Bitcoin (BTC), and other digital assets. SCOOP: Trump to launch branded crypto wallet and trading application, encouraging his supporters to purchase his memecoin and other crypto assets.…

Arbitrum gained $381 million in stablecoin inflows over the last week, while Ethereum lost $374 million. Stablecoin users are increasingly flipping out of Ethereum (ETH) and into faster, cheaper layer-2 chains. For the week ending June 2, Ethereum’s layer-2 network, Arbitrum (ARB), led all top chains in stablecoin inflows. The network recorded $381 million in inflows, while Ethereum saw $374 million in outflows. $381M into Arbitrum.🔩 $374M out of Ethereum.In just 7 days.👁️‍🗨️ More than stablecoin rotation this is risk-on capital choosing speed, incentives, and lower friction.If this trend holds, are we watching the early signs of an L2 liquidity…

Markets are unpredictable, and crypto is no exception. One of the more deceptive patterns traders face is the bull trap—a setup that lures in optimistic buyers, only to reverse direction and leave them with losses. For anyone navigating volatile crypto markets, understanding bull traps is essential. This article breaks down what a bull trap is, how it works, how it’s used to manipulate markets, how to spot one, and what you can do to protect yourself. We’ll also look at real examples from crypto history and clarify how bull traps differ from bear traps. What is a Bull Trap, and…

Dogwifhat price has surged by over 250% from its lowest point in April and formed a rare pattern that points to more gains in the coming weeks. Dogwifhat (WIF) rose to $1.0142 on Tuesday as Bitcoin (BTC), altcoins, and the stock market rallied. This surge pushed its market cap to $1.01 billion, making it the fourth-biggest Solana meme coin after Trump, Bonk, and Fartcoin. WIF has strong technicals and fundamentals that may support further upside in the coming weeks. First, Santiment data shows that network growth surged from Monday’s low of 1,690 to over 5,000. This metric tracks the number…

Pepe price rose for four consecutive days as smart money investors bought the recent dip and as Ethereum crossed the resistance at $2,600.  Pepe coin (PEPE) climbed from last week’s low of $0.000011 to a high of $0.00001285. This rebound occurred in a high-volume environment, with 24-hour trading volume surging by 40% to $1.05 billion. Pepe rallied for several reasons. First, the recent crypto market crash has stalled over the past few days. Bitcoin (BTC) has risen from last week’s low of $103,000 to $105,400, while Ethereum (ETH) rose to $2,650 Pepe is highly sensitive to Ethereum price movements because…

Ethereum is leading Bitcoin in ETF flows post-Pectra upgrade, suggesting a coming altcoin season, says Tracy Jin of MEXC. Bitcoin’s (BTC) grip on the crypto market may soon loosen. On Tuesday, June 3, MEXC COO Tracy Jin shared her analysis with crypto.news, highlighting significant signs of an upcoming altcoin season. Notably, Jin explains that Ethereum’s (ETH) performance following the Pectra upgrade is showing strong momentum. “Ethereum is decisively leading the charge for transition and capital rotation into altcoins in this current market cycle, and other coins like XMR, ENA, HYPE, AAVE, and ARB are following suit, posting more than 5%…

“For over a century, it has been recognized that a key technical component making democracy work is the secret ballot: no one knows who you voted for, and furthermore, you do not have the ability to prove to anyone else who you voted for, even if you really want to. If secret ballots were not a default, then voters would be accosted with all kinds of side incentives affecting how they vote: bribes, promises of retroactive rewards, social pressure, threats, and more.” — Vitalik Buterin, “Why I Support Privacy,” 2025 DAOs emerged with the promise of radical transparency — every…

We are excited to announce the Devconnect Scholars Program, as part of Devconnect ARG 2025! The Scholars Program will welcome 100 leaders who are expanding Ethereum’s reach by connecting it to new communities, industries, and ideas. Scholars will co-learn and co-create, building bridges between Ethereum and other worlds. The 2025 cohort will include five categories: (1) Ethereum Community Organizers, (2) Legal & Public Sector Professionals, (3) Journalists, (4) Artists, and (5) Developers & Other Builders of any kind. Applications are now open, until Monday, June 30th! How the Scholars Program Works The Program will begin in late August with online…

A blockchain investigator suggested that crypto laundering by North Korean hackers may account for 15–25% of LiFi activity. LiFi Protocol reported its highest activity figures yet. However, blockchain investigator ZachXBT suggested that much of the cross-chain bridge’s volume was tied to North Korean hackers laundering funds from the Bybit hack. On Tuesday, June 3, ZachXBT highlighted LiFi Protocol’s record-breaking performance. The protocol’s founder, Arjun Chand, shared May data showing $3 billion in volume and 4.37 million executed transactions. Additionally, he claimed that over 510,000 unique users were served. ZachXBT noted that the founder did not address the likely reason behind…