Author: Yeek.io
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.…
The airline is teaming up with the crypto exchange to introduce crypto payments in travel, aiming to meet growing customer demand for digital asset options. According to a July 9 announcement, Emirates has signed a Memorandum of Understanding (MoU) with Crypto.com to integrate digital payments into its services. The rollout will begin with Crypto.com Pay, allowing customers to use cryptocurrency as a payment option for flights and other transactions. The agreement was formalized in Dubai, witnessed by Sheikh Ahmed bin Saeed Al Maktoum, Chairman and CEO of Emirates Airline & Group. It was signed by Adnan Kazim, Emirates’ Deputy President…
What if you could buy your way into America with Bitcoin?In February 2025, former President Donald Trump introduced a bold and controversial immigration proposal: the Gold Card. This program would allow high-net-worth individuals from around the world to gain U.S. residency by purchasing a premium “Gold Card” for approximately $5 million. Unlike the traditional green card process, this initiative targets the wealthy elite, especially those from emerging markets, offering them a fast-track alternative to residency through a sizable financial contribution.What makes it of interest is that David Bailey, CEO of BTC Inc. and a close Trump ally, has publicly endorsed…
Shiba Inu’s price has been flat this month, and its chart is sending mixed signals on what to expect. Shiba Inu (SHIB), the biggest Ethereum (ETH) meme coin, was trading at $0.00001200 on June 9, a few points above the year-to-date low of $0.000010. The token is facing several headwinds that could lead to further downside in the near term. First, demand has dried up, as evidenced by its daily trading volume, which stood at $140 million on Wednesday. This figure is significantly lower than volumes for other meme coins, including Pepe (PEPE), Official Trump, Bonk (BONK), and Fartcoin. The…
Despite selling pressure from whales, ADA continues to struggle in its attempt to reclaim the $1 level. According to data from crypto.news, Cardano (ADA) was trading at $0.58, marking a 6.6% gain over the past week that pushed its market cap over $21 billion. Despite this, the broader picture remains mixed with ADA still down 11.9% over the past 30 days and trading nearly 50% below its $1 peak from March 3. While bulls have attempted to revisit that level multiple times since, each effort has ultimately fallen short. Some market analysts view July as a potential turning point. With…