Author: Yeek.io

SOL price has risen more than 35% from its June low and formed a rare pattern that signals potential gains in the coming weeks. Summary SOL has risen more than 35% from its June low, forming both a golden cross and a cup-and-handle pattern on the daily chart. Public companies, including Bit Mining, Upexi, and DeFi Development Corp, have recently bought additional SOL tokens Daily active addresses on the Solana network have spiked in the past 24 hours. According to data from crypto.news, Solana (SOL) was trading at $176.5 on Aug. 12, up over 9% in the past 30 days…

PENGU has secured first place in Kraken’s Meme Coin Showdown, earning a spot for Pudgy Penguins mascot on the Williams Racing FW47 at the Singapore Grand Prix, while technicals point to a potential bullish breakout. Summary PENGU topped Kraken’s trading contest with over $21.4M in volume, beating DOG and BONK. Winning token’s mascot to debut on Williams Racing’s Formula 1 car in Singapore. Chart setup signals bullish pennant; breakout above $0.0400 could target $0.050. Pudgy Penguins mascot will make its Formula 1 debut in Singapore after the community’s token PENGU clinched the first place in Kraken’s Meme Coin Showdown. The…

Ethereum developer detained: After being detained by Turkish authorities over alleged misuse of the Ethereum network, Ethereum core developer Federico Carrone, who goes by Fede’s Intern on X, has been released and is now in Europe. Summary Ethereum core developer Fede’s Intern has been released after a 24-hour detention in Turkey. Carrone believes the case may be due to a 2022 research paper he authored on privacy protocols and Tornado Cash. His lawyer in Turkey is preparing his defense. Carrone was detained for 24 hours before his close connections from across various countries — including the UAE, UK, US, and…

Japan’s ‘MicroStrategy’ Metaplanet is doubling down on its Bitcoin bet with another major purchase. Summary Metaplanet has purchased 581 BTC for $61 million at an average price of $118,519 per coin. The company is aiming to reach 30,000 BTC on its balance sheet by the end of 2025. Metaplanet’s stock has fallen 37% over the past month amid a broader market cooldown. On August 12, the Tokyo-based Bitcoin (BTC) treasury firm announced the acquisition of an additional 581 BTC, worth roughly $61 million. The purchase was made at an average price of $118,519 per BTC, bringing its total holdings to…

Disgruntled customers of the now-defunct crypto exchange FTX have proposed amending their lawsuit against Fenwick & West, the exchange’s former legal adviser, citing new evidence that the firm played a key role in the exchange’s collapse. Summary FTX customers amended their lawsuit against Fenwick & West, citing new evidence from the exchange’s trial and bankruptcy proceedings. Plaintiffs allege the law firm helped design structures that allowed billions in customer funds to be diverted. The filing adds state securities law claims in Florida and California over Fenwick’s alleged role in FTX Token sales. FTX customers submitted the amended filing in court…

Memecoins SPX6900, PEPE, and MOODENG are all showing strong technical setups, with key resistance levels on the horizon that could be broken as early as this week. Let’s see which one is best primed for the next big move. Summary SPX6900: Price is testing the breakout zone around $1.77 with a potential to surpass $2.28 if momentum continues. PEPE: Coiling within a bullish ascending triangle, with a target price near $0.0000274 after push above resistance. MOODENG: Consolidating in a symmetrical triangle, MOODENG may break out toward $0.47 if it clears $0.25 resistance. SPX6900 price prediction SPX6900 (SPX6900) price is currently…

The global cross-border payments industry moves trillions each year. Yet, transfers can be delayed across multiple banks and intermediaries for days, with fees and FX spreads cutting into the final amount. For many businesses, the process is unpredictable and far too slow for a digital-first world.Riva Money, a London-based startup founded by former Revolut and Wise executives, thinks it’s time to rip up that rulebook. Backed by $3 million in pre-seed funding from Project A and angels from Revolut, Monzo, and J.P. Morgan, the company’s ambition is clear: slash the cost, shorten the wait, and make it crystal clear where the…

Press enter or click to view image in full sizeCarbon DeFi on TAC is now available as a Safe App on TAC — with seamless auto-connection and full multisig support.Safe wallet users on TAC can combine the power of Carbon DeFi’s trading capabilities with the trusted multisig security of Safe — made possible through a successful collaboration with Protofire.Safe is a leading smart contract wallet platform for secure digital asset management. It offers multisignature execution, customizable permissions, and smooth integration with dapps, making it a trusted choice for teams, DAOs, and individuals. Safe wallet users on TAC can now access…

Nansen flagged an unknown entity just parked 33,000 ETH in a freshly minted multisig wallet funded from a BitGo account. Meanwhile, Bernstein says such large-scale ETH moves could herald a broader rally where Coinbase stands to collect the biggest gains. Summary Nansen flagged a new multisig wallet receiving 33,000 ETH (~$143M) from a BitGo hot wallet on August 11. The wallet, likely linked to an institutional or high-net-worth entity, signals renewed large-scale capital flows into Ethereum. Bernstein analysts see such moves as a sign of an ongoing Ethereum “alt rally,” positioning Coinbase to benefit significantly. In a statement shared with…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum surged above the $4,300 mark just hours ago, reinforcing its bullish trend and putting it within striking distance of its all-time high. This breakout comes amid a wave of strong fundamentals, including rising network activity, growing institutional adoption, and record-low exchange reserves—signaling a tightening supply that could fuel further gains. On-chain metrics continue to paint a bullish picture. Exchange reserves for ETH have dropped to unprecedented lows, indicating that more coins are being moved to long-term storage or staking, reducing the available liquidity for traders. This…