Author: Yeek.io

BONK appears poised for a decisive breakout backed by a massive token burn initiative and an uptick in smart money accumulation. Summary BONK has surged nearly 200% from last month’s low. The project plans to burn roughly 1 trillion tokens. BONK is close to breaking out of a symmetrical triangle. According to data from crypto.news, Bonk (BONK) was trading at $0.000034 last check Monday morning, Asian time, up nearly 200% from last month’s low and 266% from its lowest point this year. With a market cap of $2.7 billion, the memecoin is still 40% below its all-time high reached in…

Ethereum traded at $3,908 at press time, gaining 3.2% in the past 24 hours and 61% over the last 30 days. Summary Ethereum is trading above $3,900, up 61% in 30 days. SharpLink bought 77K ETH, raising its total to 438K ETH. Ethereum’s bullish momentum remains intact amid an elevated RSI and Bollinger Bands expansion. The price rebounded from a recent low of $3,530 on July 24 and is now pushing toward $4,000, a key psychological price level. Increasing derivatives and trading activity suggests that investor interest is growing.  Trading volume surged to $32.95 billion in the last 24 hours,…

Tornado Cash co-founder Roman Storm needs $1.5 million in donations to cover legal expenses as his criminal trial enters its third week in New York. Summary Roman Storm is seeking $1.5 million in additional donations to cover legal costs. Over $3.2 million has been raised so far, with a new fundraising target set at $5 million. Storm faces charges of money laundering, sanctions violations, and operating an unlicensed money-transmitting business. Appealing to the cryptocurrency community in a July 26 post on X, Storm said his legal team has been “working around the clock” and that costs are “piling up fast.”…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure There is a large amount of Bitcoin estimated to have been lost over time, but not much has been said about the amount of Ethereum lost as well. This might come down to the fact that Bitcoin has a much lower limited supply compared to Ethereum. Hence, the possibility of so many lost coins does not have much of an impact on its value compared to that of Ethereum, with a much higher supply. Nevertheless, as it is in crypto, there is also a notable number of ETH expected…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Besides storing digital assets, crypto wallets tell stories about the occurrences or trends in the cryptocurrency market. Even more interesting are the stories told by wallets of the bigger participants — the whales. Tracking the transactions of these addresses can offer insight into market sentiment, as they often act as silent signals of future trends. For instance, whales of two of the largest cryptocurrencies — Ethereum and Cardano — seem to be telling some stories at the moment — two different yet related tales. Diverging Paths —…

Since their Ethereum [ETH] debut in July 2021, Pudgy Penguins NFTs have rarely been out of the spotlight, thanks to a passionate community revival, bold moves into mainstream stores, and the creation of their own currency, PENGU. With so much happening, a “$1 target” keeps popping up in conversations. When people speculate about “Pudgy Penguin hitting $1,” those in the crypto know generally agree: they’re almost certainly talking about the future price of the PENGU token, which is a totally different beast than the expensive Pudgy Penguin digital collectibles. Fast-forward to late May 2025, and the Pudgy Penguins’ world shows…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is entering a volatile phase after a powerful multi-week rally. Following a sharp surge that began in late April, ETH recently hit a local high near $3,850 before pulling back slightly and now consolidating below the $3,750 mark. While some investors fear the rally may be losing steam, others see this pause as a healthy step before another leg up. Top crypto analyst Ted Pillows shared data showing that Ethereum’s on-chain volume has skyrocketed by 288% in just three weeks—a signal of growing activity and renewed…

Coinbase Head of Product Conor Grogan has revealed that at least 913,111 Ethereum worth $3.43 billion has been permanently lost due to user errors. Summary 913,111 ETH worth $3.43b is lost forever due to user mistakes and contract bugs Parity Multisig bug in 2017 caused the biggest loss, locking over $1.9b in ETH Total ETH destroyed, including EIP-1559 burns, exceeds 5% of all ETH created The analysis reveals that 0.76% of ETH’s total supply has been destroyed due to various technical errors and protocol vulnerabilities. When including EIP-1559 burned Ethereum (ETH) totaling 5.3 million tokens, over 5% of all Ethereum…

When Fartcoin [FARTCOIN] appeared on the Solana [SOL] blockchain in October 2024, its outrageous name certainly got attention, but the story of its creation and quick market buzz also made people look twice. Born from an AI project called “Truth Terminal,” Fartcoin is a classic memecoin—it’s all about jokes, a lively online following, and riding the waves of internet fads. Let’s get into Fartcoin’s unusual birth, what (if anything) it’s supposed to do, its wild ride on the market, and the usual cloud of questions that hangs over these fast-moving crypto tokens. An AI dream and a ghostly launch Fartcoin…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. On the heels of July 4th celebrations, last Friday, July 18, President Donald Trump signed the GENIUS Act into law, making it the first federal law to regulate stablecoins. Approved by Congress on Thursday, July 17, the bill’s passage saw the digital asset industry assets surge past a $4 trillion market capitalization for the first time.  Summary The GENIUS Act marks a turning point, becoming the first U.S. federal law to regulate stablecoins and boosting crypto’s market.…