Author: Yeek.io

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…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In an announcement yesterday, Nasdaq-listed software company GameSquare Holdings revealed that it had purchased $5 million worth of Ethereum (ETH) as part of its $100 million ETH-focused treasury strategy. With this move, GameSquare joins a growing number of companies diversifying their corporate treasuries by investing in digital assets. GameSquare Embraces Ethereum As Part Of Treasury Strategy As the cryptocurrency market regains bullish momentum – highlighted by Bitcoin (BTC) reaching successive all-time highs (ATHs) over the past few days – mainstream interest in digital assets is once again…

Navigating the Web3 world is supposed to be empowering, but for many, it still feels like solving a puzzle without the picture on the box. From confusing wallet setups to clunky interfaces and endless jargon, the Web3 user experience (UX) just hasn’t caught up with its promise of decentralization and self-sovereignty.That’s where Backpack Web3 wallet comes in. Built by Coral, the same team that created the Anchor framework for Solana, Backpack is more than just a crypto wallet; it’s a bold attempt to fix Web3’s UX problems. By focusing on simplicity, multi-chain functionality, and a new kind of NFT experience…

Solana-based memecoin launchpad Pump.fun has acquired wallet-tracking platform Kolscan in its first-ever buyout, ahead of its upcoming ICO. According to a July 11 announcement, Pump.fun has already begun integrating Kolscan’s features into its platform, describing the acquisition as a move that would “enable better products for both Kolscan and Pump.fun users” while introducing “totally new experiences” to the onchain trading space. we’re excited to announce that pump fun has acquired @kolscanKolscan is a wallet tracker that monitors the activities of top onchain traders. it provides realtime transactions, token PnL, and a leaderboard ranking their performanceour integration will not only enable…