Author: Yeek.io

Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.Two Weeks Left to Vote!Your voice matters in shaping the future of DeFiChain! Only two weeks remain to cast your vote in the latest DFIP & CFP voting round ending July 15th.Make sure to review the proposal carefully and have your say.DeFiChain News Show: Tokenomics, Website, And More!Welcome to the DeFiChain News Show summary – your go-to source for all the latest happenings in the DeFiChain ecosystem.In this edition, we cover the…

PEPE recorded major gains in the past day as institutional entities began purchasing the asset in bulk. Price action showed PEPE is trading within a bullish pattern, but the rally depends on the current support level holding firm. Pepe [PEPE] rallied in the past 24 hours following an influx of large entities buying into the asset. Its 9.9% gain, however, hinges on several market dynamics, particularly a key support level it’s currently testing. While holders’ conviction remains strong, liquidation maps show both opportunity and risk for a sustained rally. Entities accumulate as long-term investors join Large investors are once again…

More than $1 billion in BTC was moved from a long-dormant “Satoshi era” wallet, reactivated just as Bitcoin edges toward a new all-time high. According to blockchain analytics platform Spot On Chain, the wallet moved 10,000 BTC, valued at approximately $1.09 billion, to a new address after lying untouched for 14.3 years.  On-chain records indicate that the BTC was originally acquired on April 3, 2011, for just $109,246, translating to an average acquisition price of $0.78 per coin. As such, the whale is looking at returns of over 140,000x on the initial investment. While the exact motivations behind the massive…

The city of Detroit has filed a sweeping lawsuit against crypto-based real estate firm RealToken LLC and its affiliates for public nuisance violations across more than 400 residential properties. RealToken LLC uses blockchain technology to tokenize real estate and sell fractional ownership to investors. However, what city officials describe as widespread neglect of housing standards has prompted Detroit to pursue legal action, alleging that the firm failed to meet basic health and safety obligations as a landlord According to the complaint filed in Wayne County Circuit Court, the defendants, named as RealToken LLC, co-founders Remy and Jean-Marc Jacobson, and 165…

Derivatives activity spikes as Dogecoin rebounds from demand zone, targeting $0.19. Whale inflows and improving MVRV support this bullish outlook despite falling network activity. Dogecoin [DOGE] has rebounded sharply from the lower boundary of its multi-month trading channel, igniting renewed bullish sentiment.  This technical bounce coincides with a 15.78% surge in Open Interest to $2.09 billion and an explosive 402% increase in Options volume—signaling that traders are aggressively positioning for further upside.  The move suggests growing speculative interest, likely targeting the $0.19 mid-range resistance, with potential continuation toward $0.26 if momentum holds.  Source: X/Ali Strong enough to flip resistance? DOGE’s…

Dogwifhat price rose for the second consecutive day as Bitcoin and most Solana meme coins jumped. Dogwifhat (WIF) token rose to around $0.92 on July 3, up by 43% from its lowest level this week. Other top Solana (SOL) meme coins like Bonk, Fartcoin, and Pudgy Penguins have also rebounded.  WIF may have further upside, as on-chain data points to increased whale accumulation. According to data compiled by Nansen, Dogwifhat whales now hold 39 million tokens, up from 38.4 million last month, their highest level since June 28. This suggests that larger holders expect the rally to continue. Additional data…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum price action on the 1-day chart continues to unfold in line with prior expectations, showing steady progress within its established bullish setup. The price remains well-structured with ETH holding above key support and respecting trend dynamics. Ethereum’s Next Key Targets — Where Price Could Be Headed Ethereum is facing resistance from a tight cluster of EMAs, which is acting as a ceiling and compressing price action. Crypto Devil highlighted on X that ETH needs to show strength and break above these EMAs to shift short-term momentum…

Quick take: The announcement comes as tokenised real-world assets become more popular amid rising interest from crypto companies to tokenise treasuries, stocks and private credit. The value of on-chain tokenised real-world assets has already surpassed $24 billion, up from about $10 billion in April last year, according to RWA.xyz. The investment is part of Ondo Finance’s bid to grow its exposure to tokenised assets after launching its tokenisation platform earlier this year. Ondo Finance, the RWA tokenisation firm, has linked up with crypto venture firm Pandera Capital to launch a $250 million fund focused on tokenised real-world assets. According to…

Bonk rallied 21.22%, hitting a 3-week high of  $0.0000174.  Buyer volume outpaced seller volume by 167.31 billion tokens.  Bonk [BONK] rallied 21.22% by bouncing off its recent bottom of $0.000013, rising to a local high of $0.0000175 by press time.  Over the same time, the memecoin’s trading volume spiked by 332% to $548 million, reflecting considerable demand.  Demand for Bonk soars  After taking a step back in the market, buyers have returned, signalling newfound demand. On the 3rd of July, Bonk saw $1.61 trillion in buy volume compared to $1.44 trillion in sell volume, according to Coinalyze.  Source: Coinalyze The…

Amid heightened market activity in decentralized finance (DeFi), the total stablecoin supply on Ethereum has soared to an all-time high of $135.4 billion. This surge underscores renewed interest in decentralized finance (DeFi) while also signaling increased confidence in Ethereum’s growing ecosystem.The market data from TokenTerminal shows that Ethereum tops all other blockchain networks in stablecoin supply and it is largely dominated by Tether’s USDT stablecoin. However, the growth is also driven by other emerging stablecoin issuers, including Circle (USDC), Ethena (USDe), First Digital (FDUSD) and PayPal (PYUSD). Designed to maintain their value pegged to fiat currencies, stablecoins have become the backbone…