Author: Yeek.io

API3, the native token of decentralized oracle solution Api3 surged as high as 102% in the past 7 days, largely fueled by its listing on one of the largest crypto exchanges in Korea. Summary API3 has soared over 100% after securing an Upbit listing. The token may target $2.45 next as it has broken out of a symmetrical triangle. According to data from crypto.news, Api3 (API3) rallied to a 7-month high of $1.69 yesterday, Aug. 19, before settling at $1.55 at press time. At its current price, it remains nearly 200% higher than its year-to-date low. API3 token rallied along…

xStocks, tokenized U.S. equities issued by Backed, have surpassed $2 billion in trading volume within just six weeks of their launch on Solana. Summary Since launch, Backed’s xStocks on Solana reached $2.1B in cumulative trading volume. xStocks are SPL tokens that represent fractional ownership of real U.S. stocks and ETFs, backed 1:1 by shares. Tradable globally 24/7 via CEXs (Kraken, Bybit), wallets (Phantom, Solflare), and on-chain venues (Raydium, Jupiter, Kamino) with full self-custody and DeFi integration. According to a recent case study by Solana Foundation, xStocks—the tokenized U.S. equities launched by Backed on Solana (SOL)—have achieved rapid adoption since their…

SUI price may continue to see more losses ahead as technicals remain bearish for the asset despite its recent listing on Robinhood. Summary SUI price remained on a downtrend a day after trading went live on Robinhood. The token recorded $5.64 million in long liquidations yesterday. Stablecoin supply on the blockchain has dropped over the past week. Sui (SUI) token has been in a downtrend since Aug. 17 before entering a consolidation phase in the $3.40–$3.50 range on Aug. 20. As of press time, it was trading at $3.47, down 16% from this month’s high and 34% from its highest…

Key Takeaways BONK lost its launchpad dominance as Pump.fun reasserted its control. Will bonk_fun’s new Points Tab strategy recover its volume share? After an 80% surge in July, BONK’s hype is finally cooling off.  The memecoin is down 13% over the month, losing its $2 trillion market cap. In July, it spiked to $0.000040, bouncing back to its Q1 levels. With its RSI topping out, it created a classic reset setup. However, at a price level of $0.000020, BONK gave up 50% of its value in under a month. In fact, it hit its fourth lower low, keeping the market…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Nasdaq-listed SharpLink Gaming continues to expand its Ethereum (ETH) reserves. In the latest development, the firm purchased 143,593 ETH over the past week, bringing its total digital asset holdings to over $3 billion. SharpLink Gaming Increases Ethereum Holdings, Again According to a statement issued today, Minneapolis-based SharpLink Gaming acquired 143,593 ETH between August 10 and August 17. The firm raised $537 million in net proceeds during the same period to finance the ETH purchase. Specifically, SharpLink Gaming raised $390 million through a registered direct offering, which closed…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

Valantis has taken a decisive step in the liquid staking market with its acquisition of stHYPE, the second-largest staking protocol on Hyperliquid’s HyperEVM. Summary Valantis acquired stHYPE, the second-largest liquid staking token on Hyperliquid. The deal integrates stHYPE with Valantis’ DEX, targeting deeper liquidity and modular yield features. Competition with kHYPE sets the stage for an expanding liquid staking market. Announced on Aug. 19, the deal unifies stHYPE under the Valantis ecosystem. It sets the stage for expanded yield opportunities, deeper liquidity, and a stronger roadmap for Hyperliquid’s (HYPE) decentralized finance environment. Integration and roadmap Following the acquisition, Valantis takes…

Be the first to experience the future of perpsSynthetix is launching the first perp exchange on Ethereum Mainnet, and pre-deposits are now live. This is your chance to earn a spot on the Synthetix Mainnet alpha whitelist and be among the first to trade and earn Synthetix Points. Each week, 60 depositors will gain early access to the Synthetix Mainnet alpha. Find out how you can be among the first.Deposit Early, Get RewardedPre-deposits allow you to commit sUSD or sUSDe ahead of the Synthetix Mainnet launch.sUSD is used to fund the SLP vault, a protocol-operated liquidity pool that provides liquidity…

Ethereum is under pressure as volatility spikes, with the price recently slipping below the $4,300 mark. After weeks of strong momentum and multi-year highs, bulls are now struggling to defend support zones. The loss of this level raises concerns about a potential deeper correction, though fundamentals remain firmly bullish. Related Reading Institutional adoption continues to provide strong tailwinds, with major firms increasing exposure to Ethereum through ETFs, treasury strategies, and on-chain accumulation. This steady demand reflects growing confidence in ETH’s long-term role within the digital asset ecosystem. At the same time, Open Interest has been rising sharply, highlighting a surge…

Quick take: One of the two funds to be tokenized specializes in assets that have not been deemed as securities by the U.S. SEC, like Bitcoin. The second one is a fund of funds composed of SkyBridge’s other investment vehicles, including both its venture and crypto funds, Fortune reported. SkyBridge is partnering with real-world asset tokenisation platform Tokeny to put its funds on Avalanche. SkyBridge Capital, the investment management firm founded by Anthony Scaramucci, is planning to tokenize $300 million of its funds on the Avalanche blockchain. The company has chosen the real-world asset tokenisation firm, Tokeny, to tokenise the…