Author: Yeek.io

Cumberland withdrew a total of 386.45 billion PEPE tokens. PEPE broke below a descending trend channel, with the price approaching a level that saw PEPE surge 112%. Cumberland accumulated a whopping 386.45 billion Pepe [PEPE] tokens worth $3.45 million from Bybit, OKX, and Coinsquare. The most notable transfers were: 247.83 billion PEPE worth $2.22 million from OKX and 138.6 billion PEPE worth $1.24 million from Bybit, as per The Data Nerd. These inflows followed a previous outflow of 88.53 billion PEPE from the same wallet, suggesting a possible strategic rebalance or OTC accumulation. While smaller outbound transfers were made to…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto analyst who accurately forecasted the Ethereum price decline from $2,800 has reaffirmed the bearish breakdown, projecting fresh rallies on the horizon. While the cryptocurrency navigates this downtrend, the market expert highlights ETH’s significant upside potential and encourages traders to consider dip-buy opportunities.  Expect An Ethereum Price Rally Next Following his recent prediction of a major dump in the Ethereum price, market expert Crypto Patel took to X (formerly Twitter) to share insights on the second-largest cryptocurrency’s next move. According to the analyst, the pullback had…

Nansen’s research analyst points out that exchange outflows likely mean investors are buying the dip. Israel’s war with Iran has triggered a significant dip in the price of Bitcoin (BTC). However, Nicolai Søndergaard, Research Analyst at Nansen, explains that many investors appear to be buying the dip. In a statement shared with crypto.news on Monday, June 23, Søndergaard also revealed what the whales are accumulating. “We are seeing exchange outflows so it is likely that people, regardless of being retail or institutions are buying the dip,” Nansen’s Søndergaard said in a note. Generally when it comes to war and other…

Whale accumulation and Open Interest surge suggested rising confidence in FARTCOIN’s short-term upside. Oversold RSI and dense short liquidations below $0.90 could amplify breakout potential. A strategic whale entry has reinvigorated sentiment around Fartcoin [FARTCOIN], as 2.4 million tokens were acquired for $2.25 million USDT at $0.93 each. This wallet has now accumulated over $4.7 million in FARTCOIN trades, signaling long-term interest.  At press time, FARTCOIN traded at $0.9134, up 6.95% in the past 24 hours. This move comes amid shifting market conditions, where large traders appear to be positioning early.  Whether this accumulation fuels a broader rally or reflects…

DeFi’s complexity has long been a barrier to mainstream adoption. Veda, which hit $3.5 billion in TVL within eight months by abstracting that complexity, just raised $18 million to scale its vault system across a broader class of financial platforms. On June 23, DeFi infrastructure firm Veda announced an $18 million funding round led by CoinFund, with participation from Coinbase Ventures, Animoca Ventures, GSR, Mantle EcoFund, BitGo, Draper Dragon, and other heavyweight investors. https://twitter.com/veda_labs/status/1937130381465039310 The capital injection comes as Veda sharpens its focus beyond crypto-native ecosystems, aiming to embed its vault-based infrastructure into a wider range of financial platforms. Since…

Quick take: Built on MegaETH, an Ethereum Virtual Machine (EVM)-compatible blockchain, GTE follows a concept more akin to the NYSE than its fellow blockchain-based exchanges. Its platform uses a central order book (CLOB) to match buy and sell orders based on price and time priority. GTE seeks to fix two major issues found on DEXes: blind trust and high-order latency that is accompanied by unfeasible transaction costs. GTE, a decentralised crypto exchange (DEX) platform, is seeking to become the “ world’s fastest DEX, hand as raised $15 million in a Series A funding round solely anchored by Paradigm, according to…

Quick take: Veda offers a DeFi vault infrastructure platform that abstracts the complexities of DeFi transactions. The platform allows developers and institutions to create vaults for different DeFi use cases, including restaking tokens, yield-generating products, and savings accounts, among others. Since launching in March 2024, Veda claims to have amassed over 100,000 users, while its TVL stands at $3.38 billion, according to DeFiLlama. Veda, a decentralised finance (DeFi) vault infrastructure layer, has raised $18 million in a funding round led by CoinFund, with participation from Coinbase Ventures, GSR, Maelstrom, Animoca Ventures, Mantle EcoFund, BitGo, Credibly Neutral, Draper Dragon, Heartcore, PEER…

The recent crypto crash continued on Monday, June 23, as investors embraced a risk-off sentiment amid an ongoing geopolitical crisis. Bitcoin (BTC) was trading at $101,000, up from Sunday’s low of $98,230, while Ethereum (ETH) rose to $2,250.  Total liquidations dropped to $624 million, with over 181,384 traders being liquidated. Here are the top three reasons Bitcoin and other altcoins may rebound soon. 1. Iran – Israel crisis could moderate The first reason Bitcoin and other altcoins could recover is that the crisis between Israel and Iran may have reached its peak. Israel stated its objective was to prevent Iran…

Activity on Kraken’s Ethereum Layer 2 network, Ink, has picked up sharply in the last few days, right before its token launch. The jump comes after the Ink Foundation announced the INK token, which will have a fixed supply of 1 billion. There’s also a community airdrop planned, set to go live through a liquidity pool on Aave.Since the announcement, the network has recorded more than 500,000 daily transactions. The number of active smart contracts on Ink has nearly doubled since May, hitting a high of 6,000 on June 18, according to Dune Analytics.Despite the rise in usage, the total…

A strong trend of inflows into crypto investment products is showing that investor confidence remains high despite recent price drops and global tensions. According to CoinShares’ Digital Asset Fund Flows Weekly report published on June 13, 2025, these products saw a total of US$1.24 billion in inflows last week. The positive run marks the 10th consecutive week of gains for the funds, bringing year-to-date (YTD) inflows to a new record of $15.1 billion. Bitcoin (BTC) led the influx with $1.1 billion, followed by Ethereum with $123.8 million. The strong numbers come despite recent price declines for both assets, triggered by…