Author: Yeek.io
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…
Over the past 24 hours, Ethereum has rejected from its $2,550 resistance zone, triggering a structural breakdown. This region includes the 0.618 Fibonacci retracement, the point of control, and a major high time frame resistance level that has held for more than a week. If momentum fails to return, Ethereum may be setting up for a deeper rotation toward $2,220. Ethereum’s (ETH) recent attempt to push beyond $2,550 has once again failed, reinforcing this level as a key battleground for bulls and bears. The rejection has resulted in a short-term market structure break and the formation of a new local…
Circle, the issuer of USDC stablecoin, has launched ‘Circle Gateway,’ a solution built to unify USDC access and use across multiple chains.Currently, users have to jump through blockchain bridges to use their digital assets on another chain. That usually means sending coins across networks using third-party bridges, which isn’t always quick, cheap, or safe.To mitigate this, Circle launched its native tool called Gateway on 1st July. According to the announcement, “Circle Gateway is a new cross-chain primitive that enables a unified USDC balance for instant cross-chain liquidity.” The founding idea behind this launch is to enable users to move their money…
Useless Coin’s price continued its strong rally this week, reaching a record high even as the broader crypto market retreated. Useless Coin (USELESS), a Solana (SOL)-based meme coin, rose to a high of $0.25, up nearly 1,000% from its May low. The surge has pushed its market capitalization to $240 million. As crypto.news wrote recently, the rally has been fueled by fear of missing out among retail traders and whales. Such speculative pumps are common among newly launched tokens. However, data from Nansen suggests that a reversal may now be underway. Smart money investors have significantly reduced their holdings, which…
At the EthCC, Vitalik Buterin says that crypto has reached a significant turning point, signified by mainstream adoption from big players and political figures. As a result, the focus for building in the space must also change. During his annual talk at the Ethereum Community Conference or the EthCC on July 2, Ethereum (ETH) co-founder Vitalik Buterin declared that the crypto space has reached what he calls “an inflection point” throughout its 10-15 year run. He said that crypto is no longer a niche space where people can come up with “crazy stuff” that make it difficult to navigate. “We’re…
Two whales offloaded 8.2 million FARTCOIN worth $8.43 million. Can Fartcoin bulls defend the $1.00 level, or will it collapse toward $0.95? Since hitting a local high of $1.5, Fartcoin [FARTCOIN] has stalled. In fact, for nearly a week, it hovered around the $1.0 level, unable to regain steam. This price freeze has stirred up panic exits, led first by whales, and now retail holders are following suit. FARTCOIN whales dump $8.4M According to Lookonchain, two whales unloaded 8.2 million FARTCOIN worth $8.43 million during the lull. Source: Lookonchain/X As per the on-chain monitor, one whale sold 5.9 million FARTCOIN…
The internet revolutionized how we communicate and work together. Before we had standard protocols like HTTP for websites and SMTP for email, companies struggled with custom integrations and broken systems. Each organization built their own solutions, and nothing worked together smoothly. Today, AI agents face the exact same problem. These powerful digital assistants can analyze data, write code, and automate business processes. But they work alone, trapped in their own digital silos. One agent might discover important insights about customer behavior while another agent handles support tickets for the same customers, yet they cannot share information or coordinate their efforts.…