Author: Yeek.io

Shiba Inu’s price has already crashed by over 60% from its November highs, and both technical and fundamental factors point to further downside in the near term. Summary Shiba Inu price has crashed by over 60% from its highest level in November. It has formed a bearish flag pattern, pointing to a strong bearish breakdown in the coming weeks. Top metrics like burn rate and Shibarium TVL have all plunged this year. Shiba Inu price at risk as crucial metrics dip Shiba Inu, the biggest meme coin on Ethereum (ETH) continues to experience weak metrics that puts its performance at…

Sui is drifting under the $4 mark as fading bullish momentum and an upcoming token unlock raise concerns of deeper losses. Summary SUI is down 4.6% in the past 24 hours, trading at $3.67. The token has fallen 16.3% from July’s peak of $4.30 and 32% from its $5.30 all-time high. Daily token unlocks in the coming week could keep the downward pressure on SUI’s price. According to crypto.news market data, the SUI (SUI) token has dropped 4.6% in the last 24 hours. Trading at $3.67 at the time of writing, SUI has remained under pressure over the past few…

Ethereum price rallied over 19% in the past week. With the price now only 12% below its all-time high, traders are watching for potential signs to gauge direction as the market heads into a pivotal week. Summary Ethereum has gained over 19% in the past week, and is trading just 12% below its all-time high. Spot Ethereum ETFs recorded a record $1 billion in net daily inflows Key U.S. economic data set to be released this week could shape ETH price trajectory. Ethereum (ETH) breached the $4,000 resistance level earlier this week for the first time since December last year.…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. I remember when the call came in at 2 am. Another friend and founder, very stressed, asked whether they should launch their token now or wait another six months. Determining the best time to launch a token is harder than ever. Three years ago, it seemed simple to many. Launch fast, create hype, and ride the wave. But today, that approach quickly kills projects and sometimes entire companies.  Summary The days of launching a token on hype alone…

If you own cryptocurrency or are considering it, one of the first questions you’ll face is: Where should I store it? While software wallets and exchanges offer convenience, they also come with risks like hacks, phishing, and platform failures. That’s why hardware wallets have become a go-to for serious holders who want security without compromise.A crypto hardware wallet is a physical device that stores your private keys offline, making it nearly impossible for hackers to remotely access your funds. This cold storage method is widely regarded as the gold standard for security in the cryptocurrency world for long-term holders.We’ve created…

Nasdaq-listed Safety Shot will launch a BONK treasury strategy by integrating $25 million in BONK tokens, following earlier memecoin treasury moves last month from Bit Origin and Everything Blockchain. Summary Nasdaq-traded Safety Shot will issue $35 million in convertible preferred shares for BONK tokens. BONK chosen for its fast, low-cost Solana blockchain and deflationary “burn” mechanism. The memecoin treasury trend is gaining momentum, as highlighted by Bit Origin’s $500 million DOGE acquisition plan and Everything Blockchain’s MemeStrategy spin-off managing multiple meme tokens. Nasdaq-listed Safety Shot, maker of the patented Safety Shot beverage that rapidly reduces blood alcohol content, has formed…

U.S.-listed exchange-traded funds tracking Ethereum have marked yet another major milestone, extending a month-long run of gains. Summary Spot Ethereum ETFs saw $1.02 billion in net inflows in their latest trading session, the highest since launch. ETH is trading at $4,278, around 8% below its all-time high. Large-scale acquisitions and positive on-chain signals are strengthening a bullish outlook for ETH. Spot Ethereum ETFs recorded a total net inflow of $1.02 billion on August 11, according to SoSoValue data. The numbers mark the funds’ largest single-day inflow since their debut, extending a month-long run of positive momentum. BlackRock’s ETHA pulled the…

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…