Author: Yeek.io
Arbitrum could be positioned for a major rally if it confirms a breakout from a long-forming bullish reversal pattern. According to data from crypto.news, Arbitrum (ARB) surged nearly 46% to an intraday high of $0.38 before retracing slightly to $0.35 at press time. Its market capitalization climbed above $1.7 billion, overtaking tokens like Sky (SKY), Render (RENDER), and Sei (SEI) in the rankings. The rally occurred in a high-volume trading environment. CoinGecko data shows that ARB’s daily spot trading volume jumped over 450% in the past 24 hours, with $658 million worth of tokens changing hands. Derivatives activity also surged,…
South Korea’s central bank digital currency project has been put on hold as the regulators turn their attention to fast-tracking the issuance of won-backed stablecoins. According to a Bloomberg report citing an unnamed Bank of Korea official, the central bank has suspended plans for the second phase of its CBDC pilot, which had been scheduled for the fourth quarter of 2025. Participating banks have reportedly been informed that discussions would be temporarily paused. Authorities are reevaluating the role of a CBDC as they are pivoting toward regulating private stablecoin issuers, the official noted. The Bank of Korea had been preparing…
The latest weekly recap includes a flurry of major developments, from Vitalik Buterin’s critique of Worldcoin’s digital identity ambitions to the final curtain in the Ripple-SEC legal drama. Robinhood made waves by introducing micro crypto futures, while state governments and treasury firms continued doubling down on Bitcoin. With regulatory shifts, tech upgrades, and institutional plays unfolding simultaneously, the crypto landscape is evolving faster than ever. Here’s your roundup of the biggest stories you need to know. Buterin raises concerns about World’s digital identity approach Ethereum (ETH) co-founder Vitalik Buterin published a Saturday post expressing reservations about digital identity projects like…
The rise of cryptocurrencies has ignited a global conversation around financial freedom in the digital age. With the total crypto market cap surpassing $2 trillion, according to CoinGecko, digital assets are increasingly viewed as a pathway to wealth creation that bypasses the limitations of traditional financial systems. However, this influx of interest and capital hasn’t necessarily translated into widespread financial empowerment. Despite crypto’s promise of decentralization, the industry continues to wrestle with issues of manipulation, fraud, and systemic instability. These contradictions raise an urgent question: is cryptocurrency truly delivering on its promise of financial freedom, or is it simply recreating…
If you’ve used Ethereum long enough, you’ve probably encountered a stuck transaction—one that sits in a “pending” state far longer than expected. This issue is especially common during periods of high network activity or when gas fees are set too low. When this happens, you’re left wondering if the transaction went through, whether you need to resend it, or if your funds are safe. The good news is: stuck transactions are fixable, and in many cases, preventable. Whether you’re sending ETH, minting NFTs, swapping tokens, or interacting with smart contracts, understanding how Ethereum transactions work can save you time, money,…
DOGE was consolidating in a tight range with repeated bounces off a key support. Is the current compression phase the calm before a volatility breakout? Dogecoin [DOGE] may be priming for its next directional move. After spending the past week coiling between $0.14 and $0.17, price action is mimicking prior compression phases that have often preceded sharp breakouts. Notably, DOGE rebounded at the start of the final week of Q2, bouncing off a key support zone last tested in early April. This level could serve as a springboard for a push toward $0.20 if bulls regain momentum. But the setup…
As XRP struggles to hold the $2.20 level and blue-chip tokens like Bitcoin and Ethereum trade flat, several lesser-known altcoins are stealing the spotlight with explosive gains. Meme coin Hosico Cat (HOSICO) is up nearly 44% in 24 hours, buoyed by a $2.2 million Solana giveaway campaign. Meanwhile, Everscale (EVER) spiked on the back of a high-profile conference and ecosystem upgrades, and Shentu (CTK) soared despite a lack of clear catalysts. The rally among these altcoins suggests traders are chasing momentum and community-driven projects while waiting for a breakout in larger-cap assets. Hosico Cat Hosico Cat has surged 43.7% in…
In digital finance, two players are increasingly shaping the future of money: Stablecoins and Central Bank Digital Currencies (CBDCs). While they share some surface similarities—both are digital assets often tied to fiat currencies—their roles, intentions, and implications are very different. Interestingly, while some governments are pushing aggressively for CBDCs, they are simultaneously clamping down on stablecoins. Why? Let’s dive deep into the reasons behind this contrasting treatment — and answer key questions like what is the difference between CBDC and stablecoins and how are CBDCs different from cryptocurrency. Regulatory Concerns About Stablecoins Stablecoins, while popular for enabling fast and borderless…
BONK spot Buy Volume beat sell pressure by 127 billion tokens. BONK must reclaim $0.000015 or risk sliding back toward its recent $0.000013 support. Bonk [BONK]rebounded from its recent low of $0.000013, tapping $0.00001480 before mildly retracing to $0.00001446 by press time. Over the same period, the memecoin’s volume surged by 98.33% to $160.5 million, reflecting higher on-chain activity. But was this just a technical bounce or the start of something bigger? Bonk buyers make a strong comeback After taking a step back in the market amidst higher selling pressure, buyers returned to displace sellers. According to Coinalyze, BONK saw…
Crypto fund flows indicate that stablecoins surge to nearly 30% in sell-offs, while Bitcoin and Ethereum remain steady at around 50% across cycles. When markets turn bullish, risk appetite often follows. That’s arguably one of the clearer takeaways from a recent allocation breakdown based on trading activity on Finestel, a crypto trading and portfolio-management platform that appears to help asset managers automate trading and oversight across Binance, Bybit, KuCoin, OKX, and Gate.io. According to data compiled by the platform and shared with crypto.news, top managers tend to lean into “core” cryptocurrencies — mainly Bitcoin (BTC) and Ethereum (ETH) — when…