Author: Yeek.io
Ethereum price remained inside a tight range this week as inflows into its exchange-traded funds slowed. Ethereum (ETH) dropped to a low of $2,400 this week as the crypto market crash continued. Its lowest level was down by 16% from its highest level this month, meaning it is in a technical correction. SoSoValue data shows that spot Ethereum ETFs added $40 million in inflows this week, down from $528 million a week earlier. It was the smallest increase since the week of May 16. There are two likely reasons for the significant drop in ETF inflows. First, these inflows slowed…
On-chain investigator ZachXBT has accused decentralized finance (DeFi) protocol Garden Finance of earning over 80% of its recent $300,000 in fees from laundering funds stolen in the record-breaking $1.4 billion Bybit hack. The accusation, claimed on X earlier today, has gained notable attention from the crypto community, with it raising urgent questions about the integrity of decentralized platforms and their role in illicit financial flows.The Bybit hack, which occurred on February 21, 2025, saw North Korean state-sponsored hackers from the Lazarus Group exploit vulnerabilities in Bybit’s multi-signature authentication process. The attackers reportedly siphoned off 401,347 Ethereum (ETH), valued at over $1.4…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Stablecoins may be the most underappreciated financial infrastructure of our time. In the West, discourse on stablecoins remains trapped between compliance and innovation, despite their quiet role as an indispensable financial tool for millions across emerging markets. From remittances and cross-border trade to on-chain yield and enterprise-grade payments, the most meaningful and scalable stablecoin use cases are no longer incubated in Silicon Valley or on Wall Street but on the streets of Lagos, Buenos Aires, and Ho…
Pump.fun’s rapid growth and $700M in protocol revenue highlight its strong fundamentals. Can retail investors really benefit from PUMP? Pump.fun, a memecoin launchpad that launched in early 2024, has grown rapidly by making it easy for anyone to create and trade tokens with almost no technical knowledge. Now, the team is planning to sell its own token, PUMP, at a $4 billion valuation, aiming to raise $1 billion. The move, while ambitious, has drawn mixed reactions. Critics argue that the high price limits meaningful gains, especially for retail buyers who enter at peak valuation. So, does the PUMP launch represent…
With a record 35 million Ether now staked, liquidity is tightening as investors opt for passive yield over short-term trades. Corporate treasuries, led by firms like SharpLink, are accelerating the trend. According to Dune Analytics data, the total amount of staked Ether (ETH) surged past 35 million tokens this week, marking a new all-time high for Ethereum’s proof-of-stake network. This figure now accounts for over 28% of the cryptocurrency’s circulating supply of more than 120 million tokens. With more than a quarter of all Ether locked into staking contracts, the available liquid supply on exchanges is shrinking fast, and may…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As Thursday drew to a close, Ethereum appears to be slowly regaining strength as the second-largest digital asset stabilizes above the $2,500 level once again. With predictions about an impending major rally swelling in the community, this gradual recovery might be setting the stage for the anticipated bullish move. A Record-Breaking Surge For Ethereum Building Ethereum has begun to witness bullish movements once again after a period of robust volatility that capped previous upside attempts. Meanwhile, Batman, a crypto expert and trader, highlighted that ETH is currently…
Quick take: Stackup co-founder and CEO John Rising believes his company can help businesses avoid “catastrophic failures”. The company aims to give businesses centralised control using “account abstraction”. Based in Los Angeles, Stackup previously built “account abstraction” technology for the likes of Coinbase and Trust Wallet. Stackup, a business operations platform for crypto companies, has raised $4.2 million in a seed round led by 1kx, with participation from Y Combinator, Digital Currency Group and others. The announcement comes just weeks after Stackup launched on Avalanche. Founded by CEO John Rising, a former SpaceX manager and CTO Hazim Jumali, an Ethereum…
Whale profit-taking, negative sentiment, and outflows signal weakening confidence in FARTCOIN. Long liquidations dominate as bulls fail to defend key levels near $1.02. Fartcoin [FARTCOIN] saw a major shift in market dynamics as a whale offloaded $2.3M worth of tokens, shaking confidence across traders and triggering cascading effects. A whale sold 2.18M FARTCOIN just two months after buying in, securing a ~$251K profit. This strategic profit-taking came at a time when investor sentiment was already fragile. The large selloff not only added direct sell pressure, but also likely triggered panic among smaller holders, setting off a bearish reaction across exchanges.…
Status has held a constant bull trend despite many altcoins dumping to new lows. It has pumped almost 100% this week, and many still believe there is more upside. Is that the case, or is a retracement due? Let’s find that out in detail in this Status price prediction. Since its launch, Status (SNT) has reached an all-time high of $0.7386, followed by a 1412% price drop. At the time of writing, it is currently trading at $0.03934 and closing in on its previous monthly price of $0.05708. SNT 1D chart | source: crypto.news In this article, we’ll discuss SNT price…
The TikTok official X account denies accusations from Congressman Brad Sherman alleging its ‘Chinese owners’ have bought $300 million worth of TRUMP memecoins to get Trump to prolong its extension. In a recent post, the official account replied to Sherman that appears to criticize President Donald Trump’s Executive Order to extend the deadline for TikTok’s closure in the U.S for another 90 days to find a buyer or be banned in the U.S. This marks the third time TikTok has been granted an extension to its deadline. Sherman argues that the White House is only allowed to offer up one extension,…