Author: Yeek.io
Key Takeaways The recovery from the range low reinforced the idea that DOGE traders should play the range. A 27% rally could arrive over the next week or two, but demand needs to increase. Dogecoin [DOGE] was in a bullish trend over the past two weeks. Since the 7th of July, Dogecoin rallied 19.7% while Bitcoin [BTC] was up 8.75% during this time. It’s fair to say that the bullish sentiment around Bitcoin — as it set new all-time highs against the U.S. Dollar — has positively impacted the altcoin market. Bitcoin added $11k this week after moving above a…
In a week when Bitcoin set a fresh record high, the crypto crowd reminded everyone it still has a strong taste for absurd and irreverent coins with zero utility. On Saturday, Pump.fun—a Solana-based platform that lets users create their own custom memecoins—raised a jaw-dropping $600 million in just 12 minutes during a public token sale, according to Bloomberg. That figure brings the platform’s total raise to a staggering $1.32 billion, after already offloading 180 billion tokens to private investors at the same $0.004-per-token price. The sale ranks among the largest initial coin offerings (ICOs) in crypto history. Pump.fun announced the…
Traditional streaming platforms like YouTube, Netflix, and Twitch dominate the digital media space, but not without problems. These centralized giants control content discovery, profit from user data, and often leave viewers unrewarded. Add in algorithmic censorship and profit-driven decisions, and it’s clear the system serves platforms more than people.That’s why Myco, a series A company based in Dubai, built the Myco decentralized media platform on Web3 technology to shift power back to creators and viewers. By using blockchain, Myco aims to reward engagement, resist censorship, and foster a more transparent, community-driven ecosystem.Myco promises a new kind of streaming experience, one…
Memecoins have taken the crypto world by storm, often rising to popularity through viral marketing, community hype, and internet culture. Coins like Dogecoin, Shiba Inu, and PEPE have shown how a strong meme and dedicated community can drive massive value. Their appeal lies in accessibility, humour, and a break from the traditional financial system, attracting retail investors looking for quick gains.However, most memecoins struggle with longevity. While many experience explosive price pumps, without continuous innovation or strong fundamentals, interest wanes, early investors cash out, and prices decline.One potential solution for long-term sustainability is decentralized governance. By giving the community a…
The DeFi space is full of innovation, but with so many protocols promising faster trades, deeper liquidity, and better user experiences, it’s easy to get lost in the noise. One area drawing serious attention is decentralized derivatives, where traders can access futures and perpetuals without giving up custody or control.Drift Protocol is one of the most talked-about names in this space. Built on Solana by Cindy Leow and David Lu, Drift aims to bring speed, capital efficiency, and professional-grade trading tools to on-chain derivatives. Its latest upgrade, Drift Protocol v2, promises even tighter spreads, improved risk management, and new features…
Ethereum gained momentum this week, crossing a key resistance level as exchange-traded fund inflows surged and exchange supply decreased. Ethereum (ETH) jumped to a multi-month high of $3,037 this week, up by over 120% from its lowest point this year. This surge increased its market capitalization to $356 billion, solidifying its position as the second-largest cryptocurrency. Ethereum ETFs maintained their strong momentum this week, with inflows crossing the $5 billion metric. They added over $907 million in assets this week, much higher than the previous week’s $219 million. The weekly inflow jump was the highest since their approval in September…
The DeFi space is no stranger to big ideas and bold promises, but with numerous new concepts emerging, it’s challenging to determine which ones will stand the test of time. One of the most intriguing innovations to come out of DeFi is tokenized yield, an approach that promises to revolutionize how we earn and manage returns on our crypto assets. Pendle Finance is at the forefront of this shift, offering a unique way to tokenize and trade yield-generating assets. But is tokenized yield the next big thing, or just another hype-driven trend? Pendle’s strategy has the potential for high yields, but…
Elon Musk’s artificial intelligence startup, xAI (short for “x Artificial Intelligence”), has quickly become one of the most ambitious AI ventures on the planet. Founded in March 2023, the company’s stated mission is to “understand the true nature of the universe” and to build artificial intelligence that accelerates scientific discovery. xAI’s first public product was Grok, a chatbot launched in November 2023. Unlike traditional AI assistants, Grok connects to X (formerly Twitter) and web search in real-time, enabling it to answer current events and trending queries with a uniquely dynamic tone. But perhaps the most remarkable feat by xAI so far is…
Key Takeaways PENGU crypto rallied 50% on Bitcoin’s breakout, but rising sell pressure and bearish divergences hint at a possible short-term retracement. Liquidity maps show $0.0225 and $0.0175 as key zones for next price moves. Pudgy Penguins [PENGU] rallied 50% from its low of $0.0143 on the 7th of July. The Fibonacci extension levels plotted the $0.02 and $0.026 as the 23.6% and 61.8% extension levels, respectively. The first target has been met, spurred by Bitcoin [BTC] making a new all-time high. Source: PENGU/USDT on TradingView The 1-day chart showed strong bullish impetus. In late June, when PENGU token prices…
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 tech, abstraction has long been synonymous with progress. We moved from physical servers to the cloud. From local files to APIs. From self-hosting to “serverless.” Infrastructure became invisible—outsourced, simplified, and abstracted into someone else’s computer. And for a time, it worked. The cloud brought speed, scale, and convenience to millions of developers and enterprises. But that abstraction came with a cost: control. Today, we’re seeing the limits of that trade-off. The AI boom demands compute that’s…