Author: Yeek.io

FARTCOIN outpaced DOGE on the volume, liquidity, and Q2 performance fronts Is the memecoin market quietly seeing a shift in power? FARTCOIN has wrapped up Q2 with a sharp 148% hike in valuation, breaking through the $1-mark. In fact, it is a key psychological level, one it dropped below twice earlier this month. Dogecoin [DOGE], on the contrary, has been flat lately. Right now, it’s trading at the same level it was when April started, with the memecoin still struggling to break through $0.20. Now, both are memecoins on the surface. However, is FARTCOIN starting to leave the “just a…

Ripple’s EVM-compatible sidechain launched, integrating Ethereum dApps and smart contracts with XRP. Ripple (XRP) is making a major move toward blockchain interoperability. On Monday, June 30, XRP Ledger, in collaboration with Peersyst, launched its long-anticipated Ethereum Virtual Machine-compatible sidechain. The new chain allows XRP to interact with Ethereum decentralized applications, while using XRP as gas. The integration aims to bring XRP into the heart of Ethereum’s (ETH) DeFi ecosystem. It will also benefit from cheaper transactions and faster speeds compared to Ethereum, making it particularly suited for high-volume dApps. “With the launch of XRPL EVM, we’re unlocking a new era…

Resupply, a stablecoin DeFi platform, has unveiled a recovery plan that includes burning six million reUSD tokens from its insurance pool following a $10 million hack. The platform has decided to burn 6 million ewUSD tokens to compensate for the loss of 10 million. The stablecoin-focused protocol, which utilizes lending market liquidity, suffered a $10 million exploit earlier this week. According to a June 28 postmortem report, the attacker targeted a vulnerability in the crvUSD-wstUSR pair, manipulating the share price and solvency check mechanism by exploiting an edge case in the platform’s oracle and exchange rate calculations.To address this issue, Resupply…

Ethereum has rallied into a major confluence zone near $2,550, where multiple high time frame indicators and technical resistances converge. With declining volume and previous range behavior suggesting exhaustion, this zone is critical for the next directional move. After bouncing from an oversold condition, Ethereum (ETH) has retraced into a region packed with resistance, the same zone that previously capped price action for over 40 days. This region includes the point of control from the prior range, high time frame resistance, VWAP resistance, and a golden Fibonacci retracement, all pointing to a likely rejection unless volume surges. Key technical points…

Kadena has launched Chainweb EVM, a new execution layer aimed at easing long-standing constraints in blockchain development. With dozens of projects already live on testnet, the rollout signals a broader shift in how Kadena is approaching infrastructure and the protocol’s CEO has shared what the launch means for builders. In an exclusive interview with crypto.news, Kadena CEO and co-founder Stuart Popejoy explained that the new EVM-compatible environment is designed to remove long-standing trade-offs developers face when building complex applications. Built on Kadena’s braided proof-of-work architecture, Chainweb EVM executes transactions in parallel across multiple chains, boosting throughput while preserving the security…

Cardano is aiming to position itself as the go-to smart contract layer for Bitcoin-based DeFi, but founder Charles Hoskinson says the lack of a strong executive voice is hurting its growth.In a recent post on X, Hoskinson emphasized the importance of a strong narrative to guide the market sentiment. He believes Bitcoin DeFi is Cardano’s biggest opportunity, especially with recent advances like Leios, Hydra, and the Midnight Glacier Drop. We got Leios, Hydra, Midnight, and Bitcoin DeFi alongside governance, security and decentralization. Bitcoin DeFi is indeed the largest opportunity, but the single biggest issue is that we are missing a competent…

PENGU rallied for the fourth consecutive day, driven by bullish technical indicators and rising adoption trends. According to data from crypto.news, Pudgy Penguins (PENGU) surged to a high of $0.0154 on June 30 during afternoon trading in Asia, its highest level since May 15. The token has now climbed nearly 80% from its seven-day low and is up over 300% from its year-to-date bottom. The latest leg of PENGU’s rally began after the Chicago Board Options Exchange (CBOE) filed a Form 19b-4 with the U.S. Securities and Exchange Commission on June 26, seeking approval to list and trade the Canary…

For years, the crypto market was a no-go zone for institutions—too wild, too risky, and too unpredictable. High-profile collapses and regulatory uncertainty kept Wall Street’s biggest players on the sidelines. Fast forward to today, and the big suits are moving in. Hedge funds, pension funds, and even governments are sliding their chairs up to the table.  With a new U.S. administration setting the stage for clearer regulations and financial giants like BlackRock and Fidelity doubling down on crypto, institutional investors aren’t just testing the waters—they’re getting ready to take the plunge bringing deep pockets, strict regulations, and long-term strategies. For…

Despite strong institutional demand and steady inflows, Bitcoin has failed to break past the $100,000 mark in recent weeks, raising questions about what’s driving the stall. Weighing in on BTC’s (BTC) performance, Capriole Investments founder Charles Edwards said the sideways action reflects a major rotation between long-term holders and new institutional buyers. According to Edwards, many long-term Bitcoin holders, the “OGs,” have been offloading their positions since the launch of spot exchange-traded funds (ETFs) in January, dumping large portions of their holdings on Wall Street buyers. “People are wondering why Bitcoin has been stuck at $100K for so long,” Edwards…

Authorities in the United States have sentenced a man to 97 months in prison for his role in defrauding investors out of more than $40 million via a crypto Ponzi scheme. According to the U.S. Department of Justice, 57-year-old Dwayne Golden was sentenced on June 27 by U.S. District Judge William F. Kuntz II in Brooklyn federal court. Golden had pleaded guilty in September 2024 to conspiracy to commit wire fraud and money laundering. Golden, alongside co-defendants Gregory Aggesen, Marquis Egerton (also known as “Mardy Eger”), and William White, operated three fraudulent digital asset firms—EmpowerCoin, ECoinPlus, and Jet-Coin. Prosecutors said…