Author: Yeek.io

The price of AAVE held steady above the 50-day moving average as its role in decentralized finance grew, whales accumulated, and exchange reserves plunged. Aave (AAVE) price was trading at $272 on Sunday, July 6. That’s up by 140% from its lowest level in April. This rebound has brought its market cap to $4.1 billion and its daily volume to over $250 million. On-chain metrics compiled by Nansen indicate that whales have continued to buy AAVE over the past few days. Whales have increased their holdings by 3.4% over the last 30 days to 198,535, a sign that they expect…

GCC countries such as the United Arab Emirates (UAE) and Bahrain have jumped out of the blocks with progressive crypto regulations, attracting global talent, investments, and cutting-edge blockchain projects. Meanwhile, Saudi Arabia, the region’s economic heavyweight, seems to be hesitating, potentially losing ground in this digital sprint.This piece examines whether Saudi Arabia is falling behind due to the lack of unified GCC regulations, exploring the economic, technological, and strategic implications of its cautious approach.Regulatory Fragmentation in the GCC – Understanding the Current LandscapeWhat is the main purpose of GCC? The Gulf Cooperation Council (GCC), comprising Saudi Arabia, the UAE, Bahrain,…

ai16z saw strong short-term bullish sentiment during the rally to $0.175, which was quickly reversed. The CMF indicator showed which way traders should expect the price to swing next. AI agent token ai16Z [AI16Z] saw strong short-term bullish sentiment. After the pullback to $0.134 on the 1st of July, the token has rebounded strongly. It rallied 30% in under four days, reaching a local high of $0.175, before volatility kicked in again. Source: Coinalyze The AI agent token saw a remarkable uptick in Open Interest, with an 18.2% increase within the past 24 hours. Accounting for the swift pullback from…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum (ETH) market registered a modest 4.1% gain in the past week amidst a general price rebound in the broader crypto market. However, the prominent altcoin and second largest cryptocurrency continues to trade $2,600 which has acted as an efficient price barrier over the past month. Interestingly, recent technical data shows Ethereum is still likely to experience significant price growth in the current market cycle, despite its ongoing price struggles. 2.25 MVRV Emerges As Critical Exit Point For Ethereum Investors – Analyst In an X post…

Solana, Ethereum’s most significant rival, leads among cryptos with the highest dApp (decentralized application) revenue. In June, Solana clocked over $146 million in revenue from decentralized applications in its ecosystem. Solana has consistently led in dApp revenue and metrics, outpacing Ethereum and BNB.  Solana vs. Ethereum comparison  The two competing smart contract platforms have rivaled each other’s performance in metrics like DEX volume, revenue collected from dApps, TVL and DeFi dominance since mid 2024.  Data from TheBlock shows that Solana (SOL) has maintained its dominance in DEX volume, with the largest share of Solana-based DEXes in the ecosystem, since October…

The price of Ethereum remains in a consolidation phase, but is showing signs of accumulation, which may lead to a bullish breakout.  Ethereum (ETH) was trading at around $2,500 at the last check on Saturday, July 5, within a narrow range it has maintained since May.  Third-party data shows that whales and Wall Street investors have increased their Ethereum positions in the past few months. SoSoValue shows that spot ETH ETFs added over $219 million in assets this week, continuing a trend that started in May. It was the eighth consecutive week of inflows, a sign that these investors expect…

Another round of rewards has been approved for sUSD depositors on Infinex. This campaign extension comes as we near the much awaited phase 0 of Synthetix Mainnet. Infinex users who deposit sUSD from July 4th, 2025 until Aug, 15th, 2025 will be eligible to earn rewards and will be in the running for other onchain prizes. For those with sUSD already deposited, congratulations! You’ll continue to earn. If you’re not yet participating, we’ve put together everything you need to know.How to ParticipateFrom July 4th, 2025, at 00:01 UTC, for six weeks, sUSD depositors and holders on Infinex will earn a pro-rata share of 12,000 OP…

USELESS surged 27.52% in 24 hours, touching $0.2918 before retracing slightly. The memecoin’s Top addresses increased their supply held to 529 million, accounting for 52.96% of the total supply.  Useless Coin [USELESS] surged by 27.52% in 24 hours, hitting a new all-time high of $0.2918 before retracing slightly to $0.2819 at the time of writing. Naturally, this explosive move pushed its market cap to $291.79 million, a 31% increase, while trading volume spiked 34.62% to reach $25.44 million—clear signs of fresh capital inflow. But what’s fueling this climb: smart money conviction, or just another speculative pump? USELESS’ top addresses are…

Coinbase’s Layer-2 network, Base, has shed more than $4 billion in net outflow past this month as users move funds back across cross-chain bridges. Meanwhile Ethereum has amassed over $8.4 billion in net inflows. The reversal comes after Base led all blockchains for inflows in 2024. Data compiled by analytics dashboard Artemis show Base sitting on net outflows of about $4.3 billion this year (YTD), compared with a $3.8 billion net inflow last year. Over the same period, Ethereum has swung from a $7.4 billion outflow to an $8.5 billion inflow, regaining its position as the main destination for bridged…

PENGU rallied 68% as spot volume surged and SuperTrend flashed a fresh buy signal. Short pressure builds near $0.018 as technicals and liquidations align for breakout potential. Pudgy Penguins [PENGU] has surged over 68% in the past seven days, flipping the SuperTrend indicator to a bullish signal for the first time in months.  This rally follows an extended accumulation phase and has brought the token near a critical resistance at $0.018.  At the time of writing, PENGU traded around $0.0162, showing strong upward momentum. The question now is whether bulls can sustain this rally and trigger the next leg toward…