Author: Yeek.io
BONK’s bullish structure remains intact despite a corrective move from daily resistance. Price is now retesting a major confluence support zone that could fuel a reversal and drive price back toward the highs. Summary BONK is holding a major confluence support zone combining the point of control, 200 EMA, and 0.618 Fibonacci retracement. Bullish structure remains intact with higher highs and higher lows despite recent correction. A confirmed reversal with increased volume could drive price back toward daily resistance and the swing high. After an extended bullish run, BONK (BONK) has entered a healthy corrective phase, retracing from its daily…
The attacker responsible for last year’s Radiant Capital hack recently made an interesting play, turning the stolen funds into nearly double their original value. Summary The Radiant Capital hacker has grown the $53 million stolen in the October exploit into about $102.5 million. Gains came from converting the stolen assets into ETH and holding for nearly ten months before cashing out amid the ongoing price pump. Over $3.1 billion has been lost to crypto hacks and scams so far in 2025, underscoring the need for stronger security measures. In an August 14 X post, blockchain intelligence platform Lookonchain highlighted that…
After an incredible rally that has put Ethereum on the path to possible new all-time highs, the altcoin is now facing something that could hinder its newfound path. This comes down to a CME gap that had formed on its way up, and historically, CME gaps tend to be filled before there is a bullish continuation. In this case, the CME gap is sitting almost 15% below its current price, and could mean that ETH is in for a crash. The CME Gap Waiting At $4,080 A crypto analyst has pointed out that the Ethereum price could be facing heavy…
As cryptocurrencies and Web3 platforms grow in popularity, so do the methods used by scammers and hackers to exploit users. While phishing emails, fake token giveaways, and malicious browser extensions once dominated the crypto scam space, attackers are now taking a far more invasive and dangerous route: counterfeit smartphones.These fake phones, often marketed as high-end Android devices at steep discounts, come preloaded with malicious software designed to steal crypto credentials, drain wallets, or reroute transactions. Unlike traditional malware that users might accidentally download, these threats are baked into the firmware or pre-installed apps, making them nearly impossible to detect or…
OKB token price could be headed for a reversal following its 200% rally, as sentiment turns negative amid whale sell-offs. Summary OKB surged nearly 200% to an all-time high of $125.88 before retreating to $104.4 as sentiment turned bearish. Santiment data shows negative weighted sentiment and increased short positions. Fibonacci analysis highlights $81.96 as a key support level from current levels. According to data from crypto.news, OKB (OKB), the native token of crypto exchange OKX, rallied nearly 200% to an all-time high of $125.88 yesterday, Aug. 13, with its market cap soaring to $7.4 billion at the time. However, the…
A compromised device from a North Korean IT worker has exposed the inner workings of the team behind the $680,000 Favrr hack and their use of Google tools to target crypto projects. Summary A compromised device belonging to a North Korean IT worker exposed the inner workings of threat actors. Evidence shows operatives used Google powered tools, AnyDesk, and VPNs to infiltrate crypto firms. According to on-chain sleuth ZachXBT, the trail began with an unnamed source who gained access to one of the workers’ computers, uncovering screenshots, Google Drive exports, and Chrome profiles that pulled back the curtain on how…
Recent portfolio shuffles and asset dumps pointed to its old habits, but the foundation has officially denied involvement in the sales. Summary The Ethereum Foundation has denied selling 2,975 ETH from an ICO-era wallet. Co-executive director says the wallet is no longer under Foundation control despite past connections. Corporate ETH treasuries have surged past $14B, concentrating supply in public company hands. In a recent X post, Ethereum Foundation co-Executive Director Hsiao-Wei Wang debunked claims that the foundation was behind a recent $12.8 million ETH (ETH) sell-off. “It was not the Ethereum Foundation’s operation,” she wrote. Wang’s disclaimer came after on-chain…
Canary Capital has registered the Canary Trump Coin ETF in Delaware, laying the foundation for what could become the first U.S. exchange-traded fund tracking the Official Trump memecoin. Summary Canary Capital registered the Canary Trump Coin ETF trust in Delaware, signaling a possible move toward a U.S. ETF for the Official Trump token. TRUMP price jumped over 10% to $10.13 after news of the registration. On Wednesday, Canary’s registration for the Canary Trump Coin ETF went live on the Delaware State Department’s website. The filing sets up a statutory trust, the legal structure commonly used to launch crypto ETFs under…
Bitcoin price has hit a new all-time high above $124k, fueled by increasing odds of a Fed rate cut in September, boosted by July’s U.S. CPI reading. Summary Bitcoin hit an alltime high of $124,000 as odds of a Fed rate cut in September rose. Spot Bitcoin ETFs drew over $1 billion in net inflows over the past five sessions. An ascending channel pattern has formed on the BTC 4-hour chart. According to data from crypto.news, Bitcoin (BTC) rose over 8.5% in the past 7 days to $124,128 on Friday, morning Asian time, setting a new all-time high. It has…
Maple Finance, the largest on-chain asset manager by assets under management, has introduced syrupUSDC as collateral for perpetual futures trading on Drift Protocol. Summary Maple launches syrupUSDC as yield-bearing collateral on Drift, offering 7–8% APY. $100,000 in incentives and a $50M supply cap aim to boost adoption. Drift integration enhances capital efficiency and expands Solana DeFi use cases. According to a press release shared with crypto.news on Aug. 13, the integration enables traders on the Solana-based decentralized exchange to earn between 7% and 8% APY on margin collateral while actively trading. Boosting capital efficiency in DeFi trading Drift (DRIFT), the…