Author: Yeek.io
The price of Pepe Coin remains in a bear market after crashing by double digits from its highest level in May. Pepe (PEPE), the second-largest Ethereum (ETH) meme coin, has dropped to $0.000010 — down 40% from its highest point in May. Here are the top three reasons why it will bounce back soon. Pepe Coin price forms falling wedge The first main reason why the Pepe token may rebound soon is that it has formed a falling wedge, a popular bullish reversal pattern. A falling wedge comprises two descending and converging trendlines, which have neared their confluence levels. A…
Liquidity provision in Decentralized Finance (DeFi) is the backbone of Decentralized Exchanges (DEXs) and lending protocols. Simply put, it involves users, known as Liquidity Providers (LPs), depositing pairs of tokens (like ETH/USDC or SOL/USDT) into smart contract-based pools to facilitate trading or borrowing. In return, LPs earn a share of the fees generated by the protocol, plus additional rewards in some cases.What sets DeFi apart is its dynamic reward structure. Top platforms like Uniswap, Curve, PancakeSwap, and Balancer offer varying Annual Percentage Yields (APYs) depending on market demand, trading volume, and incentive programs. For instance, some volatile token pairs or…
Saudi Arabia’s economic might has long been defined by its vast oil reserves, but as the global economy shifts towards digital innovation, the Kingdom stands at a pivotal crossroads. Investing in digital assets presents a strategic opportunity to future-proof its economy, align with Vision 2030, and cement its status as a global financial powerhouse. Here’s a comprehensive look at why Saudi Arabia should consider digital assets alongside its oil wealth.Digital Diversification and Economic ResilienceSaudi Arabia’s Vision 2030 is a bold blueprint designed to transform the Kingdom from an oil-dependent economy into a diversified, knowledge-driven powerhouse. Central to this vision is…
The price of AAVE held steady above the 50-day moving average as its role in decentralized finance grew, whales accumulated, and exchange reserves plunged. Aave (AAVE) price was trading at $272 on Sunday, July 6. That’s up by 140% from its lowest level in April. This rebound has brought its market cap to $4.1 billion and its daily volume to over $250 million. On-chain metrics compiled by Nansen indicate that whales have continued to buy AAVE over the past few days. Whales have increased their holdings by 3.4% over the last 30 days to 198,535, a sign that they expect…
GCC countries such as the United Arab Emirates (UAE) and Bahrain have jumped out of the blocks with progressive crypto regulations, attracting global talent, investments, and cutting-edge blockchain projects. Meanwhile, Saudi Arabia, the region’s economic heavyweight, seems to be hesitating, potentially losing ground in this digital sprint.This piece examines whether Saudi Arabia is falling behind due to the lack of unified GCC regulations, exploring the economic, technological, and strategic implications of its cautious approach.Regulatory Fragmentation in the GCC – Understanding the Current LandscapeWhat is the main purpose of GCC? The Gulf Cooperation Council (GCC), comprising Saudi Arabia, the UAE, Bahrain,…
ai16z saw strong short-term bullish sentiment during the rally to $0.175, which was quickly reversed. The CMF indicator showed which way traders should expect the price to swing next. AI agent token ai16Z [AI16Z] saw strong short-term bullish sentiment. After the pullback to $0.134 on the 1st of July, the token has rebounded strongly. It rallied 30% in under four days, reaching a local high of $0.175, before volatility kicked in again. Source: Coinalyze The AI agent token saw a remarkable uptick in Open Interest, with an 18.2% increase within the past 24 hours. Accounting for the swift pullback from…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum (ETH) market registered a modest 4.1% gain in the past week amidst a general price rebound in the broader crypto market. However, the prominent altcoin and second largest cryptocurrency continues to trade $2,600 which has acted as an efficient price barrier over the past month. Interestingly, recent technical data shows Ethereum is still likely to experience significant price growth in the current market cycle, despite its ongoing price struggles. 2.25 MVRV Emerges As Critical Exit Point For Ethereum Investors – Analyst In an X post…
Solana, Ethereum’s most significant rival, leads among cryptos with the highest dApp (decentralized application) revenue. In June, Solana clocked over $146 million in revenue from decentralized applications in its ecosystem. Solana has consistently led in dApp revenue and metrics, outpacing Ethereum and BNB. Solana vs. Ethereum comparison The two competing smart contract platforms have rivaled each other’s performance in metrics like DEX volume, revenue collected from dApps, TVL and DeFi dominance since mid 2024. Data from TheBlock shows that Solana (SOL) has maintained its dominance in DEX volume, with the largest share of Solana-based DEXes in the ecosystem, since October…
The price of Ethereum remains in a consolidation phase, but is showing signs of accumulation, which may lead to a bullish breakout. Ethereum (ETH) was trading at around $2,500 at the last check on Saturday, July 5, within a narrow range it has maintained since May. Third-party data shows that whales and Wall Street investors have increased their Ethereum positions in the past few months. SoSoValue shows that spot ETH ETFs added over $219 million in assets this week, continuing a trend that started in May. It was the eighth consecutive week of inflows, a sign that these investors expect…
Another round of rewards has been approved for sUSD depositors on Infinex. This campaign extension comes as we near the much awaited phase 0 of Synthetix Mainnet. Infinex users who deposit sUSD from July 4th, 2025 until Aug, 15th, 2025 will be eligible to earn rewards and will be in the running for other onchain prizes. For those with sUSD already deposited, congratulations! You’ll continue to earn. If you’re not yet participating, we’ve put together everything you need to know.How to ParticipateFrom July 4th, 2025, at 00:01 UTC, for six weeks, sUSD depositors and holders on Infinex will earn a pro-rata share of 12,000 OP…