Author: Yeek.io

Key Takeways Memecoins are losing steam as whale holdings signal smart money is stepping away. Utility tokens are gaining ground, with indicators pointing to a clear capital rotation. Memecoins have always sat in that gray zone between hype and real utility. Projects like Floki [FLOKI], with initiatives like FlokiFi (aiming to break into DeFi) are clearly trying to flip the script. But are these efforts actually generating yield? And should VCs (venture capitalists) even be touching memecoins? Interestingly, that came up at a recent DAS panel with two sharp but opposing takes. However, according to AMBCrypto, maybe it’s not that…

Ethereum price has staged a strong comeback in the past few days as the crypto market rally intensified.  Ethereum (ETH) surged to $3,050 on Monday, its highest level since February 2 and 120% above its lowest point in April. This article highlights four charts that explain why it is soaring. 1. Ethereum price forms a golden cross pattern The daily chart shows why ETH has rebounded strongly. The rally followed the formation of a bullish flag pattern, which includes a vertical pole and a rectangle-shaped consolidation. ETH has now broken above the upper boundary of the flag. Ethereum has also…

XLM price has surged over 85% in a week and could push toward $1 and $1.50 if bullish momentum continues. Stellar (XLM) price exploded over 80% in the past week, breaking out of the descending channel that had constrained the price action since December last year. The breakout above the channel’s upper trendline occurred around the $0.26 level and coincided with a bullish double bottom pattern, with lows near $0.23 and a neckline at approximately $0.33. Since clearing that neckline, XLM price has rallied over 85%, exceeding the measured move target from the double bottom ($0.45) and confirming a strong…

The crypto market is continuing its parabolic rally, and short sellers are paying the price. According to Coinglass data, the industry has seen a whopping $748.3 million in total liquidations over the past 24 hours, wiping out more than 130,000 traders.  Short positions took the biggest hit, with roughly $623.3 million wiped out in under a day. The bulk of the pain came from Bitcoin shorts, which accounted for $475 million in liquidations as the market giant powered through the $120,000 mark.  Crypto liquidation data | Source: Coinglass Ethereum wasn’t spared either.  Bearish bets against ETH lost around $52.7 million,…

Nasdaq-traded Click Holdings plans a $100M crypto treasury in BTC and SOL, joining a growing list of public firms adopting alternative crypto treasury strategies. Click Holdings Limited, a Hong Kong-based HR and senior care platform traded on Nasdaq in the U.S., plans to explore a crypto-based treasury strategy to modernize operations and tap into the growing “Silver Economy.” According to the official press release, CLIK intends to build a crypto treasury that could scale up to $100 million, beginning with Bitcoin (BTC) and Solana (SOL). The funds will support CLIK’s broader efforts to integrate cryptocurrency into its financial infrastructure, including…

The Minneapolis-based iGaming firm is picking up its accumulation pace as it goes all in on the second largest crypto asset. SharpLink Gaming has made a series of large-scale Ethereum (ETH) purchases in the past 24 hours, investing roughly $113 million, according to EmberCN data. Conducted in two parts, the purchases included 21,487 ETH worth $64.26 million bought through Galaxy Digital and Coinbase Prime on Monday, and an additional 16,374 ETH at $48.85 million on the same day.  The latest acquisition follows a separate 10,000 ETH buy from the Ethereum foundation just days ago, worth $25.7M at an average price…

Key Takeaways PENGU soared nearly 90% after Justin Sun’s viral post and ETF speculation boosted momentum. TRON’s Sun slashed gas fees by 30% via STRX staking, with more network upgrades underway. Pudgy Penguins [PENGU] is back in the spotlight after a surprise endorsement from Tron [TRX] founder Justin Sun sent the memecoin soaring. The double-digit rally came alongside fresh plans to cut TRON gas fees  —  a move aimed at making the network faster, cheaper, and more competitive. A meme, a moment, and a market surge PENGU, the Solana-based memecoin inspired by the Pudgy Penguins NFT collection, exploded nearly 90%…

Ethereum has returned to the $3,000 mark after a six-month slump, as Bitcoin slowly slips below $123,000 after briefly touching the threshold. According to data from crypto.news, Ethereum (ETH) has managed to beat out its tariff-induced slump and reclaim the $3,000 threshold on July 14, 2025. The last time ETH managed to reach that level was in early February, where it stood at the edge of $3,125 right before falling deeper below $2,862. At press time, Ethereum has gone up by 3.2% in the past 24 hours. The second largest cryptocurrency is currently trading hands at $3,040 per token. In…

A flood of institutional capital into U.S. spot Bitcoin ETFs helped Bitcoin push past all-time highs multiple times, as net inflows surged 250% week-on-week. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $2.72 billion in net inflows last week, a 250% surge from the prior week’s inflows of nearly $770 million. The week from July 7-11 began with $216.6 million in net inflows on Monday, followed by a drop to $80 million on Tuesday. Momentum recovered midweek, with inflows of $218 million on Wednesday. Inflows on Thursday and Friday stood much stronger, as the ETFs drew in…

Wintermute may be one of the market makers behind Pump.fun’s PUMP token, with on-chain data showing test transfers ahead of its expected launch on open markets. Wintermute, one of the most active market makers in the crypto space, appears to be involved in supporting the expected open-makret launch of PUMP token by the Solana (SOL) memecoin launchpad Pump.fun. According to on-chain investigator @ai_9684tpa, a test transaction of 10 PUMP tokens was sent to a wallet linked to Wintermute, suggesting the firm may be providing liquidity or preparing for larger market-making operations. More token transfers tied to market makers are expected…