Author: Yeek.io

Key Takeaways PENGU surged 14% as long interest and Funding Rates spiked. Can $0.015 hold as a new base for Pudgy Penguins? In a market drowning in red, Pudgy Penguins [PENGU] defied gravity, climbing 14% in 24 hours, at press time. While many might be quick to dismiss it as meme-driven noise, several underlying data points suggest that this could be more than just a fleeting spike. Longs pile showing buyers are committed One of the more telling signs of strength is PENGU’s Funding Rate, which has climbed above its weekly average. In simpler terms, traders are paying a premium…

Cantor Fitzgerald is reportedly in talks with Adam Back co-founded blockchain company Blockstream, to acquire over $3 billion in Bitcoin through a SPAC deal. According to multiple news reports citing unnamed sources, Blockstream is expected to contribute up to 30,000 Bitcoin to Cantor Equity Partners 1, a special purpose acquisition company (SPAC) that raised $200 million in January. In return, Blockstream would receive shares in the Cantor-backed vehicle, which is set to be renamed BSTR Holdings. Notably, the deal is close to finality and could be signed by the end of this week, although sources say terms are still subject…

The native token of Solana-based meme coin platform Pump.fun surged nearly 20% on July 16, briefly reaching a new all-time high following the launch of a large-scale buyback campaign. After reaching a high of $0.00681, PUMP is trading at about $0.0063 at the time of writing, up about 14% on the 24-hour timeframe. The rally was driven by news that Pump.fun has begun buying back tokens using platform-generated fee revenue. According to on-chain data shared by Lookonchain, the platform allocated 187,770 Solana (SOL), worth about $30.6 million, from its fee reserves to fund the buyback. So far, 118,351 SOL, about…

As the crypto market continues its upward trajectory – with total market capitalization briefly surpassing $3.8 trillion yesterday – institutional interest in Ethereum (ETH) has grown increasingly evident. A growing number of corporations are now accumulating ETH at an unprecedented pace. Ethereum Demand Showing No Signs Of Exhaustion According to an X post by crypto entrepreneur Kyle Reidhead, current demand for ETH has been “insane.” Specifically, ten Ethereum treasury firms have collectively accumulated more than 550,000 ETH – worth approximately $1.65 billion – over the past 30 days. Reidhead emphasized that this momentum is accelerating, with no signs of slowing.…

Stablecoins have evolved from a niche innovation to a critical pillar of the digital asset economy, bridging the gap between blockchain technology and traditional finance. Today, this sector boasts a total market capitalization of over $241 billion.No longer just a side note in the crypto world, stablecoins now form a foundational layer for global financial infrastructure, supporting a wide range of use cases, from cross-border payments and decentralized finance (DeFi) to remittances and institutional treasury management. This growth underscores their rising importance, with some experts even predicting a “ChatGPT moment” for blockchain, potentially pushing the stablecoin market to a staggering…

As the crypto world evolves, the race between crypto mining and crypto staking continues to intensify. These two validation mechanisms underpin some of the largest blockchain networks in existence. But as concerns around energy, decentralization, and ROI grow, one big question looms: What’s the difference between staking and mining? And more importantly, is staking more profitable than mining?Let’s break down the difference between crypto mining vs. staking, analyze their environmental and economic impact, and explore which one is set to thrive in the years ahead.The Basics: What Is Mining vs. Staking?Mining and staking are two methods used to validate transactions…

Jim Chalmers, Australia’s current Treasurer and a key figure during the Global Financial Crisis (GFC), has issued a stark warning: “If crypto is allowed to play a prominent role in our financial system, we will be counting entirely on luck to avoid a future disaster.” His comments reflect growing concern that the integration of cryptocurrencies into the mainstream financial system, especially under shifting global policies like those expected from a second Trump presidency, could expose Australia to the systemic risks it avoided during the GFC. With rising crypto collateralization, expanding institutional exposure, and opaque stablecoin structures, is Australia’s financial system sleepwalking into…

In crypto, HODLing, a misspelt version of “hold” that became a meme, has grown into a cultural and strategic pillar for long-term investors. Originally coined in a 2013 Bitcoin forum post during a steep market drop, HODLing came to symbolize a defiant refusal to sell, no matter how volatile the market. For early crypto adopters, Bitcoin HODLing proved remarkably effective. Those who resisted panic-selling during bear markets often reaped significant returns as the market rebounded and matured. The approach gained even more traction after the 2017 and 2020 bull runs, when HODLers saw their patience pay off.But in 2025, the crypto…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Following its recent rally, Ethereum, the second-largest crypto asset, is presently drawing notable attention and interest from both institutional and retail investors. One of the latest companies that has purchased ETH in a significant amount is BTCS Inc., a publicly traded firm. BTCS Inc. Makes Major Ethereum Play Ethereum’s adoption is growing strong in the crypto sector, cementing its position as a leading digital asset. BTCS Inc., a blockchain technology company, recently bought a huge chunk of ETH, ramping up its crypto strategy. The reports show that…

Aave has surpassed $50 billion in crypto deposits, becoming the first DeFi protocol to rival mid-sized U.S. banks in scale. When it comes to finance, banks have long held the top spots for managing people’s money. Yet Aave, a decentralized finance protocol, has quietly crossed a major milestone that even some banks would envy. The blockchain-based lending protocol has surpassed $50 billion in net deposits in mid-July, becoming the first DeFi protocol to reach such a scale, a sign of how digital finance is potentially reshaping money management. To put it in perspective, Aave’s deposits now rival some mid-sized banks…