Author: Yeek.io
Nietzschean Penguin [PENGUIN] launched with thin liquidity, then surged rapidly from below $0.01 to an all-time high near $0.167 on the 24th of January, a move that unfolded in days rather than weeks. The memecoin launched with thin liquidity and minimal price discovery. Thereafter, it accelerated sharply as speculative interest entered the market, a rally that unfolded within a few sessions rather than over sustained accumulation. Source: TradingView This surge implied momentum-driven positioning, supported by hype and concentrated flows instead of organic demand. Shortly after the peak, buying pressure faded and distribution began. Price rolled over and successively lost the…
Pepe [PEPE] has traded within a descending channel since it faced rejection at $0.00000688 two weeks ago. Excerbitated by the recent market crash, the memecoin dropped to a low of $0.0000044. At the time of writing, PEPE traded at $0.000004541, down 5.56%, extending its week-long downtrend. Whale dumps $3.88M worth of PEPE With PEPE under intense bearish pressure, a long-term whale returned to the market and cashed out. After holding 1.7 trillion PEPE tokens since October, a whale offloaded 858 billion tokens worth $3.88 million. This whale started accumulating PEPE in 2023 and has not made any sales. Even after…
Quick take: The announcement makes Oobit the first payments network to make USA₮ spendable in more than 100 million merchants where Visa is accepted. The announcement also comes on the heels of Oobit’s launch in the US, announced earlier this month. Issued by Anchorage Digital, USA₮ launched in November as the first stablecoin token designed to comply with the federal regulations of the U.S. GENIUS Act. Oobit, the crypto payments network enhancing crypto utility by enabling daily usability, has announced support for USD-backed stablecoin USA-Tether (USA₮). The announcement makes Oobit the first payments network to make USA₮ spendable in more…
Quick take: The project has also raised an additional $50 million through Curated, the DeFi platform operated by Impossible Finance, as part of the $200 million fundraising set aside for Impossible. A separate $200 million has also been set asideet aside for Coinlist, and begins next week. The project is also planning more whitelist rounds to fill the remainder of its $1 billion raise. Flying Tulip, the project behind the delta-neutral stablecoin ftUSD, has raised $75.5 million in two separate fundraisings. According to the report by The Block, Amber Group, Paper Ventures, and Fasanara Capital participated in a $25.5 million…
Bearish sentiment around Shiba Inu [SHIB] is intensifying, as whales and large holders continue to offload their positions. This selling activity by major investors mirrors broader market trends, raising the likelihood that SHIB could extend its decline in the days ahead. Data from Santiment shows that whales holding between 100,000 and 100 million SHIB have sold a combined 32.17 billion tokens since the 20th of January 2026. This heavy selling has increased selling pressure and reinforced the meme coin’s downside move. Source: Santiment In addition, the derivatives analytics platform CoinGlass reveals that SHIB’s Futures Open Interest (OI) has continued to…
Quick take: Fund of funds, Cendana, was the biggest investor in the raise, with $15 million, according to a report by Fortune. This is cofounders Salvador Gala and Mahesh Ramakrishnan’s second fund, and at $61.74 million, it is more than triple the size of their first fund. The growth-oriented venture firm plans to use the capital to accelerate decentralized physical infrastructure network (DePIN) projects focused on telescopes, solar energy, and more. Escape Velocity, a growth-oriented crypto venture firm, has raised $61.74 million for its second fund. The fund closed in December and attracted some of the marquee crypto investors, including…
Quick take: The Exchange API Vault employs the same enterprise-grade security best practices for securing private keys, but adjusts them to facilitate seamless, low-latency trading and automated liquidity operations. The API Key management tool also comes with integrated runtime remediation as a kill switch to shut out hackers in the event keys are compromised, and is fully auditable in real time. Some of the crypto platforms already using the Exchange API Vault include leading market making platform, Flow Traders, eToro, Exodus, Flowdeesk, and Raise, among others. Sodot, a crypto key management company specializing in self-hosted MPC and TEE products, has…
While most memecoins declined, Pippin [PIPPIN] surged 69% in 24 hours on the 28th of January. Trading volume spiked over 600%, while Open Interest jumped sharply as speculative demand surged. The rally pushed PIPPIN into a critical decision zone. Momentum traders stayed aggressive, but profit-taking risk rose near resistance. 2 liquidity clusters on Pippin Tracking PIPPIN’s Liquidation Heatmap on CoinGlass revealed two critical clusters at $0.55 and $0.47. A drop toward $0.47 would likely have triggered long liquidations, accelerating downside pressure. By contrast, holding above $0.55 could have forced short liquidations, fueling an upside squeeze. That setup left price action…
Quick take: Plug and Pay runs on Oobit’s fully regulated payments stack, covering card issuing, settlement, KYC, AML, and risk workflows. The new solution allows wallet teams to focus on product and users instead of infrastructure and regulation, cutting the time to market from months to just days. Wallets can choose between white-labeled UI components or fully branded in wallet card experiences. Oobit, the crypto payments-enabled mobile app, has introduced Plug and Pay, a turnkey embedded crypto payments solution that unlocks a new utility layer for wallet providers by enabling in-store and online crypto payments with the same simplicity and…
Dogecoin broke out of a downtrend after a 24% correction earlier this month. After peaking at $0.155 on the 6th of January, the price failed to hold those levels and retraced. Even so, the pullback did not erase January’s gains, following a 35.59% surge. The MACD remained in negative territory but showed early recovery signs as the MACD line approached the signal line. Source: TradingView That setup left traders focused on key reclaim levels. A daily close above $0.128 could have shifted short-term control back to the bulls. Holding above $0.12 remained critical to preserving upside structure. Dogecoin ETF inflows…