Author: Yeek.io

Floki price has rebounded in the past few days, reaching its highest level in almost a month as its social sentiment score improved and exchange reserves dipped. Floki (FLOKI), one of the biggest meme coins in the cryptocurrency industry, rose to a high of $0.000089, up by over 45% from its lowest level in June. The rebound happened in a high-volume environment, with its 24-hour volume jumping by 83% to $211 million. The Floki token’s jump coincided with a big increase in its social volume. Santiment data shows that the volume jumped to 21, the highest level since June 5.…

Quick take: The company plans to use the funds to accelerate the development of its hybrid decentralised exchange platform that blends centralised limit ordering with automated market making. The platform is built on the high-performance Ethereum-compatible layer-1 blockchain Monad. Kuru Labs also raised $2.2 million in a seed round led by Electric Capital in July 2024. Kuru Labs, a crypto startup building on Monad, has raised $11.5 million in a Series A funding round led by Paradigm.  The fundraising also attracted participation from multiple angel investors, including 0xDesigner, Viktor Bunin, Zagabond, Tristan Yver, Kevin Pang, Will Price, Alex Watts, Jordan…

In 2021, the global cryptocurrency market cap soared past $3 trillion, drawing millions of new participants eager to capitalize on skyrocketing token prices. Stories of early Bitcoin adopters turning modest investments into millions fueled a modern-day gold rush. Today, there are over 560 million crypto users worldwide, with daily trading volumes regularly exceeding $100 billion across major exchanges.Despite these impressive figures, the market remains characterized by extreme volatility, rapid boom-and-bust cycles, and a dominant focus on short-term gains. For instance, the “Central & Southern Asia and Oceania: 2024 Geography of Crypto” report highlights that Indonesia’s crypto market is significantly driven…

Months after peaking at $74 per token, TRUMP has slid to $8.59 and expanded to a new network in a bold pivot. Its leap to Tron adds complexity to an already polarizing project where memes, money, and power blend awkwardly. On July 7, the team behind TrumpMeme (TRUMP) announced that it will launch the memecoin on the Tron blockchain, marking the latest twist in the token’s turbulent journey. Originally launched in January as a Solana-based memecoin tied to Donald Trump’s political brand, TRUMP now joins a network backed by Justin Sun, a controversial crypto mogul with his own legal entanglements…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto market expert has predicted that Ethereum (ETH), the largest altcoin, is about to flip the script on Bitcoin (BTC), the number one cryptocurrency. According to the forecast, ETH could significantly outperform BTC in this bull cycle—but the opportunity won’t last long. The analyst warns that the key window to buy in is before mid-August, when Ethereum could start showing real strength in the market.  Ethereum To Overtake Bitcoin By Mid-August  Experienced crypto analyst Polaris_xbt presented a macro analysis of the ETH/BTC chart on a recent…

What if Uniswap’s model isn’t the endgame? Kuru Labs, backed by Paradigm’s latest investment, is testing that theory with an audacious plan to replace AMMs entirely with an on-chain orderbook. Success could redefine DeFi’s trading infrastructure. On July 7, Kuru Labs, the startup building a decentralized exchange on Ethereum-compatible Monad, announced an $11.6 million Series A funding round led by Paradigm. The raise, which follows a $2 million seed round last year, will fuel the development of what could be the first fully functional on-chain central limit orderbook for the EVM. The round included participation from notable angel investors like…

SPX is looking to capitalize off the memecoin market gains and break above $1.37. Derivatives data showed $23.65 million in new long positions, pushing Open Interest up 17% to $139.17 million. In the past 24 hours, SPX6900 [SPX] rallied significantly, gaining over 10% and extending its four-week bullish streak to a cumulative 16%. Market analysis indicated a high probability of the rally continuing, though certain established barriers could still limit upward movement. Meme-fueled madness The recent surge in SPX appears linked to the strong performance of the memecoin sector over the past seven days. Per Artemis, memecoins have been the…

PiChain Global has recently released a significant update to its PCM Wallet, with the new feature of passkey authentication. The new method of logging in simplifies access to the user’s wallet and makes it more secure.The newest update adds passkey authentication, a secure, passwordless way of logging in. Users no longer need to remember complex passwords and may instead log in using their fingerprint, facial ID, or device PIN.  The passkeys are securely stored on the device and encrypted using advanced encryption.Old-school passwords are vulnerable to phishing, hacking, and keylogging.  However, Passkeys provide a more secure and user-friendly method of…

Dogecoin price formed a double bottom pattern, pointing to an eventual rebound as whale accumulation continues.  Dogecoin (DOGE) was trading at $0.1700 on July 7, a few points above the year-to-date low of $0.1467. It has dropped by 35% from its highest point this May. On-chain data shows that whales have continued adding to their positions in the past few months. Holders with between 1 million and 10 million tokens now hold over 10.5 billion, up from 10.32 billion in February. Similarly, those with between 10 million and 100 million coins now hold over 24.8 billion, up from last year’s…

A Bitcoin wallet holding billions just came back online after more than a decade of silence, and it’s now shifting its assets across fresh addresses. Blockchain intelligence platform Arkham recently spotlighted the re-mergence of a long-dormant Bitcoin whale, which moved roughly $8.6 billion worth of Bitcoin across eight different wallets after 14 years of dormancy. Each of the wallets had originally received BTC between April and May 2011, back when Bitcoin was still trading below $1. The funds were split into various portions and transferred into eight new addresses, where they currently remain untouched. A single entity moved $8.6 BILLION…