Author: Yeek.io

Key Takeaways Pudgy Penguins dropped from $0.45 to $0.42 after insider wallets moved $66.6 million worth of PENGU to exchanges. Can demand overpower insiders? After attempting a breakout, Pudgy Penguins [PENGU] faced a strong rejection at $0.45, leading to a retrace. As of this writing, Pudgy Penguins was trading at $0.42, marking a 0.42% increase over the past 24 hours.  Before this, the memecoin had been on an upward trajectory, hiking on weekly and monthly charts by 8% and 260%, respectively. But why did PENGU’s momentum fade? Deployers dumped $66M Just as PENGU gained traction, the deployer wallet sent 206.9 million tokens…

The decentralized finance (DeFi) market has grown to a new three-year high. On Monday, the total value locked (TVL) in DeFi reached $153 billion, according to DefiLlama. This happened as Ethereum’s price surged above $3,900, nearly reaching $4,000.ETH Price Surge Drives TVL GrowthEthereum has jumped 60% over the past month, rallying from $2,423 to $3,887. Currently, the token is trading for $3,786 after a 3% surge in 7 days. This increase came after institutions started putting money into Ethereum. Ethereum Current Price | Source: CoinMarketCapFor instance, Sharplink Gaming recently added $1.3 billion to its treasury, increasing its total ETH holding to…

Quick take: The company plans to use the capital to enhance its institutional-grade stablecoin payments infrastructure. The announcement comes just over a week after President Trump signed into law the stablecoin-focused GENIUS Act on July 18. With this funding, Standard Chartered’s stake in Zodia markets falls to 60%, down from 84%, according to the Bloomberg report. Zodia Markets, the digital asset trading and brokerage services arm of Standard Chartered, has raised $18.25 million in a Series A round led by Pharsalus Capital, with participation from Circle Ventures, The Operating Group, XVC Tech, Token Bay Capital, and Human Capital, among others.…

Centralized content delivery networks (CDNs) like Akamai and Cloudflare have powered the internet for years, but their dominance also highlights a growing problem: control, cost, and scalability are bottlenecked by a few major players. As demand for high-quality, always-on content surges globally, the limitations of these traditional models are becoming more evident.That’s where AIOZ Network comes in. Founded in 2018 by Erman Tjiputra and designed as a decentralized CDN powered by tens of thousands of nodes around the world, AIOZ blends blockchain incentives with peer-to-peer infrastructure to deliver faster, cheaper, and more censorship-resistant content delivery.This review delves into how AIOZ…

Key Takeaways SPX6900 rallied 12.13% to a new all-time high of $2.27 before slightly retracing to $2.22 by press time. SPX profit takers, however, threaten the rally with Netflow surging to $1 million. After breaking $2.05 resistance, SPX6900 [SPX] rallied 12.13% to a new all-time high of $2.27 before slightly retracing to $2.22 by press time. At the same time, its market cap reached a new high of $2.1 billion, while trading volume jumped 134% to $119 million. Such a spike in market cap and trading volume indicates an increase in capital inflow.  But is this the start of a…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is quietly transforming from a hub of speculative activity into the foundational settlement layer for traditional finance (TradFi). With its secure infrastructure, growing regulatory alignment, and network effects, ETH is proving it can securely and efficiently handle large-scale institutional settlements.  How Ethereum Became the Rails for Tokenized Treasuries In an X post, crypto trader MoonKing recently highlighted a significant trend in the financial world, stating that Ethereum is becoming the settlement layer for traditional finance (TradFi). Since January, the tokenized real-world assets (RWAs) on Ethereum have…

Despite offering radical innovations in finance, ownership, and digital sovereignty, the cryptocurrency industry still grapples with a foundational issue: trust. While sensational scams often dominate headlines, the crypto trust issues go far beyond bad actors. Regulatory uncertainty, technological opacity, and community governance failures have all played a role in undermining public confidence. Let’s explore how these challenges unfold and what’s being done to rebuild trust from the blockchain up.High-Profile Crypto Scams and Their Impact on Public PerceptionThe trust deficit in the cryptocurrency world didn’t emerge overnight, it was carved out by a history of devastating scams, fraud, and high-profile collapses…

Key Takeaways ZORA crypto’s 36% rally coincides with a $105 million Open Interest spike and bullish derivatives activity, but heatmap and FVG signals hint at a trap setup, suggesting a 60–70% correction may soon follow. Zora [ZORA] crypto posted a stunning 36% gain on the 27th of July, extending its four-week surge to 790%. Interestingly, market sentiment suggests ZORA’s rally may not be over yet. Liquidity inflow has risen notably, while outflows have declined. Here’s a full breakdown of the factors that could influence ZORA’s continued rise. Derivatives frenzy as Open Interest explodes According to CoinGlass, ZORA recorded its highest…

Vine Coin is trending as the top-gaining crypto in the 500 largest coins by market capitalization, with a 90% spike extending weekly gains to a triple-digit upside for the memecoin. Summary Vine Coin price exploded 90% in the past 24 hours to extend weekly gains to 275%. The VINE memecoin, launched on Solana in January 2025, skyrocketed amid market reaction to a tweet by Elon Musk. Musk’s posts have previously seen Dogecoin and other memecoins go parabolic. The Vine Coin token, a meme coin on Solana that’s listed on major exchanges such as OKX, Bitget and MEXC, was up 90%…

Hey all, keeping this short and sweet :)I recently got approved for my US visa and moved to Manhattan from Sydney.I’ve been here for about a month and would love to meet up with any tech/crypto folks who’ve been reading this and are NYC-based. If you’re not here but know someone I should meet, I’d appreciate an intro!Will be back to posting more regularly soon as I settle in.Just the standard Times Square photo lol