Author: Yeek.io

PENGU appears poised to extend its ongoing rally after successfully breaking above the neckline resistance of a cup and handle pattern on the daily chart. Pudgy Penguins (PENGU) rose over 23% intraday to hit $0.0177, its highest price since January 29. The latest move brings the token’s gains to over 125% since last month’s low and approximately 370% above its year-to-date bottom.  The token’s rally has propelled it to become the top performer among the top 100 crypto assets by market capitalization, with PENGU now ranking as the 89th largest crypto asset. Its market cap has reclaimed the $1 billion…

The decentralized perpetual trading platform, Hyperliquid, has launched trading for PumpFun’s unreleased PUMP token, enabling users to speculate on the token’s potential launch price.  The perp-DEX announced in a latest X post that it is listing PUMP-USD hyperp following the community request. Traders can now long or short the token with up to 3x leverage. Within hours of the launch, Hyperliquid traders have bet millions of dollars on PUMP’s price movement with the token seeing significant volatility.   At the time of writing, the PUMP-USD pair has already amassed over $40 million in 24 hour trading volume. The token opened at…

Monad Foundation has acquired Portal Labs, the stablecoin wallet infrastructure startup, in a move to strengthen its payments offering ahead of Monad’s upcoming mainnet launch.  The acquisition was announced in a July 9 press release via Business Wire. Portal, which provides embedded stablecoin payment tools for developers and businesses, will become a wholly owned subsidiary of the Monad Foundation. The deal gives Monad access to Portal’s payment rails and stablecoin settlement infrastructure, which powers millions of dollars in daily onchain volume. Raj Parekh, Portal’s chief executive officer and co-founder, will join the Monad Foundation as head of payments and stablecoins.…

Key Takeaways Whale wallets accumulated over $5.3 million in TRUMP despite unrealized losses, while rising exchange inflows and indecisive Open Interest hint at shifting sentiment. A move above $8.80 could trigger liquidations and decide TRUMP’s short-term breakout. A major Official Trump [TRUMP] whale accumulated 625,765 tokens worth $5.33 million over 40 days and recently withdrew $1.7 million from OKX, despite facing nearly $1 million in unrealized losses.  This address has steadily built its position despite drawdowns, and its latest withdrawal of 200,000 TRUMP tokens suggests strategic offloading or long-term confidence. Naturally, the whale’s pattern of buying into dips hasn’t gone…

Key Takeaways Whales dumped millions in FARTCOIN holdings, triggering bearish sentiment across retail traders. The memecoin risks breaching $1 unless bulls re-enter with force. After attempting a breakout a week ago, Fartcoin [FARTCOIN] faced a strong rejection at $1.27. Price action has stayed bearish for six straight days, plunging to a local low of $1.04. The bulls, it seems, are losing control. Let’s analyse! FARTCOIN whales make their exit Naturally, this extended drawdown has sparked panic among major holders. Source: Lookonchain As per Lookonchain, a whale who spent 4.53 million USDC to buy FARTCOIN three days ago dumped the entire stash…

July 9, 2025The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDROP rewards are back for sUSD depositors on Infinex: 12,000 OP/week up for grabsDeposit 1,000 sUSD or more by August 15 to qualify for weekly yield and raffle prizes5 lucky winners every week: Prizes include ETH, SNX, and Patron statusMainnet Phase 0 is almost here!Spartan Council and SIP updatesSNXweave will be publishing the Quarterly Report shortly, so we’ve got a quick update for you guys today. As we approach the launch of Synthetix Mainnet Phase 0, another round…

The proposal to make the Trump-backed $WLFI token tradable is now officially open for community voting. After receiving strong support on the WLFI forums, the team believes the time is right to move from a closed system to an open and tradable token model. The vote will run until July 16, 2025.This proposal comes just days after a major announcement on July 4, 2025, U.S. Independence Day. The WLFI team used the symbolic date to highlight the project’s goal of financial freedom and community ownership. WLFI Token Trading Vote 99% Say YesThe proposal lays out a number of steps to be…

Trump Coin is hovering at yearly lows near $7.14, representing the bottom of a multi-month range. A bullish rotation from this zone could trigger a 200% rally toward $22.98 if confirmed. Trump Coin (TRUMP) is once again trading at a critical support region near $7.14, a level that marks the low of its long-term trading range. This zone previously sparked a powerful rally toward the value area high before a corrective phase took over. Now, with price revisiting this key support and volume steadily declining, traders are watching closely for signs of either accumulation or breakdown. The structure remains rotational…

Islamic finance, rooted in principles of fairness, risk-sharing, and ethical responsibility, is increasingly finding common ground with blockchain in Islamic finance. Decentralized finance is redefining traditional banking, increasing the potential for a more transparent, secure, and inclusive financial ecosystem. However, aligning the foundational ethics of Islamic finance with the evolving blockchain sector presents unique challenges and opportunities. The Islamic finance market, valued at USD 3178.2 billion in 2024, is projected to grow to USD 9301.41 billion by 2033, meaning there’s a lot of room for innovation.This article explores the intersections of these two worlds, addressing the ethical challenges, potential synergies,…

Continuing its crackdown on North Korea’s efforts to infiltrate U.S. companies, the Treasury Department has sanctioned two individuals and four entities for aiding malicious IT workers in infiltrating crypto firms. A North Korean national, Song Kum Hyok, and a Russian national, Gayk Asatryan, have been sanctioned by the Treasury’s Office of Foreign Assets Control for their roles in supporting North Korean IT worker operations targeting the crypto sector. According to OFAC, Song Kum Hyok has ties to North Korea’s Reconnaissance General Bureau (RGB) and its subordinate hacking unit Andariel. He has been accused of creating fake identities using stolen U.S.…