Author: Yeek.io

AVAX price finds itself at a critical technical juncture, with price action flashing bearish signals despite strong on-chain activity on Avalanche. After a steep downtrend that bottomed in mid-March, Avalanche (AVAX) price reversed from a double bottom pattern and began consolidating within an ascending channel, maintaining bullish momentum through the end of the month, as confirmed by a rising RSI. Since then, however, the price action has developed into what looks like a descending triangle pattern, with price now hovering near key horizontal support. Importantly, AVAX price has also broken below the ascending channel’s lower boundary, suggesting a potential shift in market structure from bullish…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. If you’d told me last year that the United States Securities and Exchange Commission commissioners would be defending self-custody of assets and talking about innovation sandboxes for DeFi, I would have raised an eyebrow. But here we are. At the SEC’s recent Crypto Task Force roundtable, something unexpected happened. Regulators showed a level of openness that would have sounded impossible even a year ago. They talked about the importance of self-custody, acknowledged that publishing smart contract code…

HYPE could see an 80% upside move if it follows through on a bullish setup targeting the 1.618 Fibonacci extension. According to data from crypto.news, Hyperliquid (HYPE) was trading at $37.96, 270% above its year-to-date lows, with a market capitalization of $12.6 billion. The token reached an all-time high of $45.57 earlier this week, buoyed by significant traction across the Hyperliquid Layer-1 ecosystem. While the broader crypto market has recently turned risk-off due to escalating geopolitical tensions and the Federal Reserve’s decision to keep interest rates unchanged, HYPE has seen a 16.7% pullback from its peak. However, the mid-term trend…

For the first time, institutional and decentralized finance users can now swap between BlackRock’s tokenized U.S. Treasury fund, BUIDL, and Ethena’s USDtb stablecoin around the clock. The new capability, announced by Securitize on June 18, marks a step forward in connecting traditional finance with DeFi. It sets a new standard for how tokenized assets are accessed and composed on-chain. Thanks to a new liquidity fund smart contract, qualified users onboarded through Securitize can now perform atomic swaps between BUIDL and USDtb around the clock. As a result, holders of BUIDL, or BlackRock USD Institutional Digital Liquidity Fund, now have unlimited access…

Pudgy Penguins has launched Pengu Clash, a skill-based 1v1 multiplayer game on Telegram that brings its popular NFT characters into fast-paced minigame battles. Pudgy Penguins (PENGU) has launched its first Web3 game, Pengu Clash, a Telegram-based 1v1 multiplayer battler that brings its signature cartoonish seabird NFTs into the competitive mini-game space. In Pengu Clash, players dress up their penguin characters and face off in a variety of quick-play challenges, including curling, darts, and football. Built on The Open Network (TON) blockchain by crypto gaming infrastructure firm Elympics, the game is designed to emphasize real gameplay rather than crypto gimmicks, in…

Over $440,000 in stolen crypto funds has been secured by New York officials in an ongoing fraud investigation that targeted locals. Authorities from the Brooklyn District Attorney’s Office, the New York State Attorney General’s Office, and the New York State Department of Financial Services jointly disrupted a multi-layered cryptocurrency scam operation that had primarily targeted Russian-speaking residents in Brooklyn and across the United States. As part of the enforcement action, $140,000 in digital assets was seized, while an additional $300,000 was frozen in crypto accounts linked to the scheme. The scammers operated a malicious advertisement network across social media platforms…

Whale inflows and token burns surged while the NVT ratio hinted at overvaluation risk Network growth declined, but SHIB could still eye a breakout from its bullish wedge formation Shiba Inu [SHIB] has been witnessing a remarkable rebound in investor engagement lately, one fueled by a 6,306% hike in whale inflows after the Shibarium upgrade introduced multi-gas token support and smart contract enhancements.  At the time of writing, SHIB was trading near $0.00001160, on the back of an uptick in speculative interest. In fact, large holders may be repositioning too, especially as Futures volumes spiked past $147.27 million, primarily from…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is navigating intense volatility as global tensions rise, particularly with the escalating conflict between Israel and Iran. Markets are on edge amid growing fears that the United States could become directly involved, further increasing uncertainty across risk assets. Despite these headwinds, Ethereum has managed to hold above the $2,500 level, showing resilience even as price action remains stuck within a range that began forming in early May. The $2,700 level stands out as a key resistance that bulls must reclaim to spark momentum toward the $3,000…

DOGE remained below the 200-day EMA, meaning the broader bearish trend still holds. Social sentiment turned bullish, with analysts predicting a possible rally to $0.60. Dogecoin [DOGE] has reached a familiar support zone, sparking renewed interest after a sharp market pullback. With prices down 20% from recent highs, the technical structure now reveals a textbook bullish divergence — hinting at a potential bounce. Calm before the storm? DOGE shows signs of… At press time, DOGE traded at $0.169, logging a modest 1.45% dip in the past 24 hours. Interestingly, Trading Volume dropped over 15% during this decline. This drop in…

Ethereum has amassed $425 million in capital from SharpLink Gaming’s treasury allocation. The largest altcoin has attracted large volumes of institutional capital inflows to ETFs in the past week. Whales and institutions have attempted to reinstate confidence among traders, however the process has proven painfully slow.  We dive deeper and find out why traders are not buying Ethereum’s (ETH) new narrative and what it will take for ETH to break out of the consolidation and hit a new all-time high this cycle.  Ethereum ETF flows and whale accumulation  Ethereum Spot ETFs have attracted consistently large inflows from institutional investors in…