Author: Yeek.io

After analyzing BTC’s historical pattern, Matrixport analysts predict that the largest cryptocurrency by market cap could reach as high as $116,000 in the next few weeks. In a recent report, Matrixport analysts state that the month of July has always “historically favored Bitcoin,” as patterns of strong gains for BTC (BTC) have been consistently shown every year during the same period. Due to this strong pattern, analysts predict that it may be able to reach a new all-time high at $116,000. “If historical seasonality holds, Bitcoin could be poised for another move higher — potentially reaching $116,000 in the coming…

Australian crypto exchange Swyftx is set to acquire digital asset brokerage Caleb & Brown in a major move to establish a foothold in the U.S. market. Brisbane-based crypto exchange Swyftx is set to acquire Caleb & Brown, a Melbourne-based boutique digital asset brokerage with a reported $2 billion in digital assets under custody, in a deal reported to be worth over AU$100 million (over $65.8 million). The agreement, which was formally disclosed to employees last week, marks what is believed to be the largest crypto acquisition to date in Australia and New Zealand. The merger is expected to give Swyftx…

Global banking institutions are stepping deeper into crypto, and among them, Germany’s Deutsche Bank is laying out timelines for launching its new services. According to a Tuesday Bloomberg report, the Frankfurt-based institution is gearing up to launch its crypto custody service in 2026.  Citing people familiar with the matter, the report stated that Deutsche Bank is working with Bitpanda Technology Solutions, the tech arm of crypto exchange Bitpanda, to build the service. Deutsche Bank’s crypto initiative was first unveiled in 2022 and has gained traction as more global banks explore ways to offer regulated access to crypto and other digital…

Robinhood’s partnership with Arbitrum failed to boost investor interest, instead triggering a sharp downturn in ARB’s price despite the initial hype. According to data from crypto.news, Arbitrum (ARB) fell over 13% over the past 24 hours, trading at $0.32 while its market cap was seated at $1.61 billion. ARB’s price tumbled shortly after U.S.-based trading platform Robinhood confirmed its highly anticipated partnership with Arbitrum during an event it was hosting in Cannes. The collaboration will see the Layer-2 network project build the Robinhood Chain, a blockchain infrastructure that will reportedly enable EU-based users to trade U.S. equities onchain. Much of…

On-chain investigator ZachXBT has raised concerns over USDC stablecoin issuer Circle’s compliance standards and its growing use among malicious actors. According to ZachXBT, North Korean IT workers have been using USDC (USDC) to move millions in illicit payments. The on-chain analyst’s comments came in response to Circle’s recent filing for a national trust bank charter, which would authorize the firm to manage the reserves backing USD Coin. ZachXBT criticized Circle’s handling of the situation, alleging that despite the scale and visibility of the fund flows, the company has taken no steps to curb the activity or freeze any of the…

Memecoins BONK, FARTCOIN, and NOBODY are all hovering at key technical levels, with recent price action hinting at possible bullish reversals if key resistance zones can be broken in the days ahead. Bonk (BONK) is currently trading around $0.000014, having recently tested the upper boundary of a months-long descending channel. The price is now pulling back and may soon retest the $0.000010 support level, which coincides with both the lower boundary of the descending channel and a key horizontal support zone. If BONK price holds that level and rebounds, it could form the second leg of a giant double bottom…

Solana experienced a short-lived rally following confirmation that the first-ever Solana ETF featuring staking capabilities is scheduled to launch on July 2, 2025. According to data from crypto.news, Solana (SOL) surged nearly 6% to an intraday high of $158.30 on Monday before paring gains and settling around $152.60 at press time. Despite the retracement, the token remains approximately 44% above its year-to-date low, with a current market capitalization exceeding $81.6 billion. SOL’s rally was driven by renewed investor hype surrounding the upcoming exchange-traded fund launch set to go live tomorrow. The product, branded as the REX-Osprey SOL + Staking ETF,…

DOGE traders sat on $132 million in unrealized losses, yet short volumes remained dominant. Whale-driven accumulation has slowed, leaving retail traders to battle out the current directional pressure. Dogecoin [DOGE] saw barely any movement on the surface on the 30th of June, but underneath, tension brewed. While the memecoin’s weekly gains hovered around 5.47%, it has bled over 14% in the past month, and signs point to more downside. Analysis showed that a clear direction for DOGE remains uncertain, as both bulls and bears continue to battle over the memecoin’s next move. Shorts stay in the game despite heavy losses…

U.S. Senator Cynthia Lummis wants to add a crypto tax amendment to President Donald Trump’s Big Beautiful Bill to exclude small transactions from capital gains and resolve double taxation for miners and stakers. On June 30, Lummis announced her push to insert language into the sweeping budget reconciliation bill that would overhaul how digital asset activity is taxed. “It’s time to stop this unfair tax treatment and ensure America is the world’s Bitcoin and Crypto Superpower,” Lummis wrote on X. Trump’s Big Beautiful Bill, a more than 1,000-page reconciliation package central to President Trump’s economic agenda, includes sweeping fiscal and…

Hike in NFT sales over the past week plus whale accumulation hinted at bullishness Liquidation heatmap and the FVG together gave swing traders a long setup Pudgy Penguins [PENGU] saw a sizeable rally over the past five days. At the time of writing, the native token of the Pudgy Penguins NFT project was up 48.6% from the low of $0.0095, set on 25 June. These explosive gains followed the filing of the Canary PENGU ETF. Positive exchange netflows, negative weighted sentiment, and negative funding rates highlighted bearish expectations in the market. Could the PENGU market be poised for a bearish…