Author: Yeek.io

PENGU uptrend has been undefeated, despite the short-term volatility over the past four days A retest of the $0.012-$0.013 region could offer a buying opportunity Pudgy Penguins [PENGU] was on a strong uptrend at press time, with its momentum firmly bullish too. The swift rally on 28 June was likely the byproduct of bullish enthusiasm following the ETF hype. The official token of the Pudgy Penguins NFT collection seemed to be challenging the $0.015 resistance zone, which had rebuffed the price back in May. Source: PENGU/USDT on TradingView The market structure was bullish, and the local high at $0.0125 has…

PENGU defies the broader memecoin sell-off, reclaiming key levels with a 50%+ weekly rally. Is the memecoin setting up a breakout fractal similar to PEPE’s 2024 run? The memecoin market has been a bloodbath lately.  However, one outlier is defying the trend — Pudgy Penguins [PENGU]. The token has surged over 50% in the past week, breaking away from sector-wide weakness. In fact, the rally has pushed PENGU back to its mid-May levels, effectively reclaiming all losses from the recent monthly downtrend. So, anyone who bought the top and held through the dip is basically back in profit. But the…

July 2, 2025The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDRSynthetix is coming home: launching a perp DEX on Ethereum Mainnet.No bridges, no extensions, no wallet switching, just seamless UX with Infinex Connect.SNX staking is back, better, and live for Infinex patrons.Phase 0 of “The Relaunch” is underway: sUSD/sUSDe vaults.Orderbook > AMM: high-performance off-chain matching, L1 custody & settlement.sUSD and SNX reclaim their roles at the heart of Synthetix.Mainnet Perp Summer is here☀️Spartan Council and SIP updatesSince part of the team has been traveling to Cannes or…

XRP, the native token of the XRP Ledger, has made headlines in the aftermath of the SEC’s lawsuit against Ripple and the withdrawal of the payment giant’s appeal. The crypto payments firm looks set to expand its stablecoin partnerships and boost XRP utility, both of which could push the altcoin higher. Why the end of Ripple’s appeal and SEC lawsuit matters The SEC vs. Ripple lawsuit has been a decisive legal battle that dragged on for several years, contributing to the altcoin’s de-listing from major crypto exchanges and a prolonged price slump. Ripple Labs CEO Brad Garlinghouse recently tweeted about…

First, it was gold and oil. Now, BounceBit is targeting stocks, ETFs, and bonds, all onchain, all DeFi-ready. If successful, this could be the blueprint for a fully tokenized global financial system. In an X post on July 1, BounceBit announced that it will launch tokenized stock products in Q4, covering equities, exchange-traded funds, and bonds from major markets including the U.S., Europe, Hong Kong, and Japan. Coming Q4: Tokenized Stocks on BounceBitGlobal equities – onchain, 24/7, and ready for DeFi.Issued by BounceBit. Designed not just to be held – but to be used.Tradable. Composable. Borderless. pic.twitter.com/FIhZh3QmZP— BounceBit (@bounce_bit) July…

Dogwifhat continues to trade within a defined range as price action compresses between $1.35 resistance and $0.30 support. A breakout looms, but weak volume suggests more consolidation first. Dogwifhat (WIF) is currently experiencing prolonged sideways movement, caught within a well-defined range between the $1.35 range high and the $0.30 range low. The asset has yet to make a decisive move in either direction, with price continuing to rotate between support and resistance. As traders look for signs of a breakout, volume remains the most important metric to watch for confirmation of trend direction. Key technical points Range Resistance at $1.35:…

Shiba Inu’s price has crashed this year, erasing billions of dollars in value and mirroring the broader decline across the altcoin market. Shiba Inu (SHIB) was trading at $0.00001130 on July 2, slightly above its year-to-date low of $0.00001035. This article explores four key reasons why SHIB may be poised for a rebound. 1. Shiba Inu price has formed a double-bottom pattern One major reason for potential upside is the formation of a double-bottom pattern on the daily chart. This is a common bullish reversal setup characterized by two distinct lows and a neckline, which in SHIB’s case is at…

Schuman Financial founder Martin Bruncko says that the rise of euro stablecoins is “inevitable”, as Europe pushes to digitize its financial systems while strongly resisting dollarization. Speaking at EthCC in Cannes on July 1, Schuman Financial founder Martin Bruncko projected that euro stablecoins will surpass €100 billion in market cap, and potentially reach €1 trillion, despite currently lagging far behind dollar stablecoins. As more of traditional finance moves on-chain, Brunchko argues, demand for euro-denominated digital assets is inevitable. Stablecoins already settle more than €25 trillion a year, which is more than Visa or Mastercard. Moreover, financial institutions are increasingly exploring blockchain-based payments.…

At the EthCC, Vitalik Buterin mentions a number of tests that can be used to prove whether a company in the crypto space is truly secure and durable enough to withstand various attacks. During his speech at the Ethereum Community Conference or EthCC, Ethereum (ETH) co-founder Vitalik Buterin highlights several ways users and builders alike can judge whether a crypto firm is truly as secure and decentralized as they claim to be. The first test he mentioned was the “walkaway test,” which involved the question of whether users’ assets are still safe if the company and all its servers were…

The native token of the layer-1 blockchain Sui has traded sideways over the past few weeks, raising questions about whether it will rebound or extend its losses into July. Trading around $2.71 at press time, SUI (SUI)has struggled to regain bullish momentum since slumping from its highs earlier this year. Despite recording a modest 1.4% uptick in the past 24 hours, SUI remains under pressure, dropping 15.5% over the past 30 days, approximately 22.9% from this month’s peak of $3.50, and 48.1% below its all-time high of $5.20. SUI’s decline appears to be driven by a mix of technical and…