Author: Yeek.io

Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.DeFiChain News Show: Tokenomics, Interchain Development, And More!Welcome to the DeFiChain News Show summary – your go-to source for all the latest happenings in the DeFiChain ecosystem.In this edition, we cover the ongoing tokenomics discussion, the upcoming voting, and the interchain development progress.Read more about it here. Four Days Left to Vote!Your voice matters in shaping the future of DeFiChain! Only four days remain to cast your vote in the latest DFIP &…

Hyperlane’s native token, HYPER, extended its rally for a second consecutive day following its listing on two premier South Korean exchanges. According to data from crypto.news, Hyperlane (HYPER) rallied to an all-time high of $0.66 on July 11, morning Asian time, before stabilizing near $0.61 at the time of writing. This marks a 100% gain in the past 24 hours and a cumulative increase of over 450% over the last two trading sessions. The rally unfolded in a markedly high-volume trading environment, with daily turnover exceeding $4.1 billion, an increase of more than 3,000% from prior averages. Concurrently, open interest…

Key Takeaways dogwifhat surged 13.69%, attracting strong buyer momentum, rising futures interest, and profit-taking, with bullish signals pointing to a potential rally toward $1.18, if selling pressure eases. dogwifhat [WIF] rallied 13.69% by bouncing off its recent bottom of $0.82, reaching a monthly high of $0.982 before retracing to $0.968, at press time.  This price surge propelled the memecoin’s market cap to $978 million, representing a 14.2% increase. At the same time, dogwifhat’s trading volume spiked by 105% to $500 million, signalling increased capital flow.  Buyers make a strong comeback  After sitting on the sidelines, dogwifhat investors have returned to…

Key Takeaways DOGE rebounded from $0.14 support, showing bullish momentum. Rising spot demand, exchange outflows, and Futures interest suggest a potential breakout toward $0.25 if resistance is cleared. Dogecoin [DOGE] rebounds from $0.14 support, gaining momentum after forming a rounded bottom and confirming a cup-and-handle breakout. This move placed the price back inside a parallel channel, with current price action hovering around $0.182.  If DOGE breaks above $0.198, bulls could push for the $0.25 level in the coming weeks. However, any rejection near the mid-channel zone may cause consolidation.  The pattern’s symmetry and previous response to support suggest bulls are…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bullish sentiment is noticeably returning to the crypto market once again, and Ethereum has made a remarkable upward move. With the fresh wave of optimism, ETH’s price has reclaimed the key $2,700 mark, which has captured investors’ attention. While prices have strongly increased, recent reports reveal that ETH’s open interest also witnessed a notable uptick. Traders Are Doubling Down On Ethereum Ethereum’s price appears to have regained upside traction, and its derivatives market is heating up. This notable uptick in the derivatives market is attributed to a…

Key Takeaways PEPE underperformance has been in sharp contrast to BONK’s, with the latter leading the market’s legacy memecoins. It’s being driven by Bonk.fun-fueled momentum. However, with risk appetite returning, is capital rotation about to flip the setup? After weeks of range-bound chop, the memecoin market has snapped back to life. At press time, it had reclaimed the $60 billion market cap, rising by 7.10% with the 24-hour volume up by nearly 80%. In fact, BONK has emerged as the clear outlier among legacy memecoins, posting 30% monthly gains. On the contrary, peers like PEPE might be lagging behind. Does…

Shiba Inu price has inched higher this week as investors return to the crypto market, but key fundamentals and technical indicators suggest the rally may be short-lived. Shiba Inu (SHIB) rose to $0.000012 on Thursday, with its 24-hour volume jumping to over $270 million. This rebound lagged behind that of the top meme coins like Dogecoin (DOGE) and Pepe (PEPE).  There are several reasons why Shiba Inu’s rally may be short-lived. First, whales have remained on the sidelines this year, with many selling their coins in a sign of capitulation. Santiment data shows that holders of between 10 million and…

Quick take: Agora offers a white label stablecoin service, helping other companies launch self-branded versions of its AUSD stablecoin. The company plans to use the fresh capital to build up the AUSD stablecoin ahead of a potential regulatory breakthrough for the sector in the U.S. Launched in April last year, Agora’s market cap stands at about $128.86 million. Agora, the stablecoin startup co-founded by Nick van Eck—the son of the prominent investment management CEO Jan van Eck—along with crypto veterans Drake Evans and Joe McGrady, has raised $50 million in a funding round led by Paradigm. The fundraising comes more…

Digital payments have become a major part of everyday life, with Big Tech companies like Apple Pay, Google Pay, and Samsung Pay leading the charge. These platforms offer quick, easy, and widely accepted ways to pay using smartphones and other devices, reshaping how consumers and businesses manage their finances. Their growing influence has given these private companies significant control over global payment systems. In response to this shift, the European Central Bank (ECB) has launched plans to introduce a digital euro in 2028, a state-backed digital currency designed to provide a secure, public alternative to private payment options. The ECB’s…

Bonk is pressing into a multi-layered resistance zone. Without a breakout, price risks a pullback toward the lower boundary of its pennant structure, in line with the 0.618 Fibonacci and value area low. Bonk (BONK) is trading at a critical resistance region, one that is stacked with multiple technical confluences. The current price zone includes the point of control, value area high, high time frame resistance, and the upper dynamic trendline of a potential larger pennant structure. With price tightening and momentum slowing, Bonk faces a pivotal moment. A breakout would mark a shift in structure, but failure to do…