Author: Yeek.io

Pepe coin price continued its sell-off on Saturday, moving to its lowest point since May 9, as the crypto sell-off accelerated. Pepe (PEPE) dropped to a low of $0.00001096, down by 32% from its highest point this year.  On the positive side, the supply of Pepe coins on exchanges has crashed to 105.33 trillion, its lowest level since 2022. It has also fallen from last year’s high of 215 trillion, a sign that holders are not selling their coins.  Nansen data shows that the number of Pepe coins whales hold has increased this month. These investors now hold 9.71 trillion…

After a euphoric surge that saw meme coins on the Solana blockchain skyrocket earlier this year, the hype is beginning to unravel. Solana’s native token, SOL, has dropped for four straight days—falling nearly 18% from its May highs—as meme coin valuations across its ecosystem collapse. Once riding high with a combined market cap north of $15 billion, Solana’s meme assets like Dogwifhat (WIF), SPX6900 (SPX), and Popcat (POPCAT) have shed billions in value in just days. The broader sell-off mirrors a risk-off shift in the crypto market, amplified by geopolitical tensions and technical breakdowns, casting doubt on how much steam…

Trump memecoin fell 16.47% this week, with prices dipping as low as $10.43 before stabilizing near $10.74. Spot Sell Volume surged to 1.91 million, outpacing Buy Volume and leaving a -288k Delta. After rallying to a high of $15.93 during Trump’s dinner, Official Trump [TRUMP] has struggled to make any more gains. Inasmuch, the memecoin has sharply declined over the past week. After peaking at $15.93, the memecoin has slipped steadily, falling as low as $10.43. As of press time, it was trading near $10.74, down 7.24% this week and 16.47% on the weekly chart. The trend suggests mounting bearish pressure…

Ethereum price pulled back in the past three days as traders adjust their positions for June, its historically worst month. Ethereum (ETH) has declined for three consecutive days, hitting a low of $2,500. That’s a 9.8% drop from its monthly high. Despite the pullback, it has outperformed most altcoins, many of which have fallen more than 15% from their highs this month. ETH retreated ahead of June, which is usually its worst month, because of the start of summer. CoinGlass data shows that the average monthly performance in June since 2016 is minus 7.4%. Its median monthly return in June…

In a pivotal shift for U.S. crypto policy, the Securities and Exchange Commission clarified on May 29 that most staking activities on proof-of-stake (PoS) blockchains do not constitute securities transactions—marking a major departure from the agency’s previously aggressive stance under former Chair Gary Gensler. The move, issued in a statement titled “Providing Security is not a ‘Security’,” alleviates legal uncertainty that had long stifled innovation and discouraged American participation in network staking. While the clarification is not a binding rule, it signals a more open regulatory posture under the current administration. It could also unlock significant growth in staking-related infrastructure,…

Uphold, a leading crypto trading platform, has shared some exciting news for XRP holders. The firm has taken the initiative to bring decentralized finance, also known as DeFi, opportunities to XRP holders. The firm has taken the initiative to collaborate with Flare Networks. The firm is using its FAssets tool to try out a new feature for XRP owners. This feature lets people “stake” their XRP, which means they can lend their XRP coins to the network and earn extra money as a reward for doing so.This project will also let XRP work with smart contracts, which are like automatic digital…

Shiba Inu price continued its strong downtrend on Saturday as whale investors sold and sentiment in the crypto industry worsened. Shiba Inu (SHIB), the biggest meme coin in Ethereum’s (ETH) chain, dropped for four consecutive days, reaching a low of $0.00001238, its lowest level since April 22. It has moved into a technical bear market, falling by almost 30% from its highest point in May.  Shiba Inu’s decline is mostly because of the ongoing crypto sell-off that has affected all types of coins. Bitcoin (BTC) has dropped from an all-time high of $111,900 last week to $103,000. SHIB has also…

Cetus Protocol, a platform on the Sui blockchain for trading digital money, provided an important update after a major hack of $223 million. The firm revealed that it relocated $162 million of the stolen funds, previously frozen, to a secure digital wallet. This wallet is managed by three groups: Cetus, the Sui Foundation, and OtterSec, a trusted company that checks for safety. The Sui community voted to approve this step, making sure the money stays safe until it can be given back to the people who lost it. This move is a big step toward fixing things for Cetus and its…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In crypto and web3, money can be created, lost, or multiplied within seconds. It’s the polar opposite of old money, which grew slowly, accruing value over years or even decades. Crypto accelerates that, posting double-digit moves before TradFi wakes up and has breakfast. This hyper-cycle of onchain value creation—and eradication—compels us to reconsider what money truly is and how it functions in a decentralized future. While traditional money was based on nation-states and central banks, web3 money…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Trading in the mid-$2,000 range, Ethereum (ETH) has repeatedly teased a move toward $3,000, only to fall short and retreat back into its current range. However, several crypto analysts remain confident that ETH’s ascent to $3,000 and beyond is only a matter of time. Ethereum Showing Signs Of Renewed Strength In a recent X post, crypto analyst Titan of Crypto highlighted ETH’s bullish price action. The analyst shared the following daily ETH chart, showing the cryptocurrency breaking out of a bullish flag following a period of consolidation…