Author: Yeek.io

Two whales exited at a $7M loss as PEPE failed to break resistance. Rising NVT and negative MVRV suggest ongoing bearish pressure despite oversold conditions. Pepe [PEPE] has experienced back-to-back exits by two separate whales, each depositing 600B tokens back to Binance. Combined, these exits represent over $12M in liquidations, both at a loss of approximately $3.5M.  The exits occurred shortly after a failed rebound attempt and may reflect growing caution among large holders.  The whale movements also reflect potential weakness in the memecoin’s long-term conviction, especially as broader metrics and technicals also shift bearish.  Can PEPE be afloat amid…

Aerodrome Finance’s token continued its strong bullish momentum on Thursday, June 19, as network activity and market share surged. Aerodrome Finance (AERO) price rose to a high of $0.9660, its highest swing since February 4, and 235% above its lowest point in April. This surge has brought its fully diluted valuation to over $1.54 billion.  AERO’s breakout coincided with rising market share in the decentralized exchange sector. DeFi Llama data shows that Aerodrome is now the sixth-largest DEX by monthly volume, trailing only PancakeSwap, Uniswap, Raydium, Orca, and Pump. The protocol processed over $14.86 billion in trading volume over the…

The Binance-incubated blockchain, BNB Chain, has once again demonstrated its dominance in the decentralized finance (DeFi) landscape by leading weekly decentralized exchange (DEX) volumes for the fifth consecutive week. This remarkable achievement underscores a significant shift in the DeFi ecosystem, traditionally led by Ethereum and its emerging competitor, Solana.According to data from DeFillama, BNB Chain’s current weekly DEX volume stands at an impressive $27.54 billion, securing the top position with a substantial lead over other major blockchains. In the last 24 hours alone, BNB Chain recorded a DEX volume of $5.97 billion, accounting for nearly 50% of the total $13.30…

We’re proud to welcome GRVT to the Rhino.fi network; world’s first licensed onchain exchange. With this integration, GRVT users can now onboard directly from 30+ chains, starting from BSC, Arbitrum, Solana and TRON, via our API, offering a seamless cross-chain access experience across both EVM and non-EVM networks.Infrastructure without the overheadOnboarding users into a new chain is one of the biggest friction points in Web3, especially when bridging from ecosystems like Solana or TRON. GRVT has now solved this with a fully embedded, guided onboarding experience powered by rhino.fi’s backend infrastructure.Rather than building custom liquidity paths or dealing with fragmented…

Bubblemaps V2 added support for the TON blockchain, expanding its reach across major blockchain ecosystems. Bubblemaps (BMT) has launched Version 2 of its blockchain analytics platform on the Open Network (TON) blockchain, allowing users to track token activity, uncover wallet connections, and verify distribution transparency across the network in real time. Before adding support for the TON blockchain, Bubblemaps supported Ethereum, BNB Chain, Fantom, Avalanche, Cronos, Arbitrum, Polygon, Base, Solana, and Sonic. As a reminder, Bubblemaps V2 comes with advanced analytics features, most notably Time Travel, which lets you scroll through a token’s entire distribution history, and Magic Nodes, which…

One DeFiChain Improvement Proposals (DFIPs) is up for vote in the latest governance voting round.DFIPs:Listing of New Wrapped Crypto TokensA Four-Step Framework to On-Chain ListingsWith the integration of DMC support, DeFiChain users would then be able to move assets seamlessly between DeFiChain and other blockchains. This decentralised process, managed by Crypto Factor, ensures that the wrapped tokens (DATs) will maintain value and usability across both chains, offering real-time access to assets.Initiation by Economy SIG: The specialized Economy Special Interest Group (SIG) identifies a promising asset—say, Partisia’s MPC or Polygon’s POL—and submits a DFIP for Masternode voting.On-Chain Creation: Upon approval, the Development SIG…

Ethereum’s weekly All Core Developer calls are a lot to keep up with, so this “Checkpoint” series aims for high-level updates depending on what’s happening in core development. See the previous update here. This is a special edition of the series! Kicking off Berlin Blockchain Week, ethereum core devs and researchers got together for an interop hacking week to make progress both on long-term research directions and short-term implementation of the Fusaka upgrade and gas limit increases. Two of these days solicited feedback on longer-term research directions from L2 and zk teams. The most recent in-person interop was in Bangkok…

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…