Author: Yeek.io

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Ethereum price has not been able to maintain its red-hot start to the year’s second quarter, with the altcoin’s value still pretty much around where it was at the start of June. This sluggish performance comes despite the consistent capital inflows witnessed by the US-based…

With stablecoins gaining traction worldwide, Hong Kong is pushing forward with its licensing framework in a bid to position itself as a global leader in the thriving sector. According to Financial Secretary Paul Chan, Hong Kong is speeding up plans to launch its new stablecoin licensing rules by August 1, 2025. His comments, shared in a June 15 blog post, reaffirm the timeline confirmed earlier this month by the Hong Kong Hong Kong Special Administrative Region Government. Chan said the push to fast-track the framework is part of a broader plan to boost Hong Kong’s influence in digital finance, highlighting…

Shiba Inu’s price structure was bearish, with the local lows emerging as attractive short-term price targets A divergence or reversal signal on the lower timeframes, combined with greater demand, might be necessary for a trend reversal Since March, Shiba Inu [SHIB] has traded within a range that reached from $0.0000115 to $0.0000142. After recording a successful breakout in the first half of May, the memecoin fell below the $0.0000152 support. In doing so, it formed a descending triangle pattern. An analysis from AMBCrypto pointed out that this pattern would likely be accompanied by a downward price move. This has come…

Brazil is taxing cryptocurrency profits at a flat rate, having scrapped the monthly exemption previously granted to small-scale investors. Starting June 12, a 17.5% capital gains tax applies to all crypto transactions, regardless of the value or volume, as part of Provisional Measure 1303, introduced by the federal government to increase revenue from financial market activities. Under the new regulations, taxation applies to crypto assets held in self-custody wallets and digital assets stored overseas. Brazilian investors must now declare all gains quarterly, with the ability to offset losses from the previous five quarters. However, this offset window will be reduced…

Memecoins PENGU, BONK, and POPCAT are all setting up for a potential leg higher, having recently pulled back to key support zones and now showing early signs of momentum shift. Pudgy Penguins (PENGU) price recently bounced from a confluence support zone, formed by the rising trendline and a horizontal support range around $0.0088–$0.0090. Momentum indicators are showing early signs of a potential reversal, with a bullish divergence on the RSI and flattening MACD histogram with the signal lines nearing a potential bullish crossover. However, PENGU price remains below the 20-day EMA and 50-day SMA, and the broader downtrend from May…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure With the Ethereum price still trending low at $2,500, there is a lot of uncertainty surrounding the altcoin and where it could be headed. Mostly, expectations have fallen into the negative territory, with many predicting that it will continue its decline from here. However, there are some who continue to hold out hope for the second-largest cryptocurrency by market cap to end up outperforming the likes of Bitcoin, and reaching the 5-figure territory this year. Crypto Analyst Puts Ethereum Price At $10,000 Amid the prevalent bearish sentiment…

Cardano may be nearing a bullish reversal as it forms a falling wedge pattern on the daily chart, a structure commonly associated with trend reversals. According to data from crypto.news, Cardano (ADA) was priced at $0.6404 with a market cap of $23.12 billion as of press time. At its present price, the token is down 15% over the past 30 days and remains 44% below its year-to-date highs. Cardano earlier hit its 2025 high on March 3, when it surged 75% within a single day, largely driven by its inclusion in U.S. President Donald Trump’s proposed crypto strategic reserve, announced…

The AI world has a new player that’s making waves. DeepSeek has released an updated version of their popular R1 model, called DeepSeek R1-0528. This new model promises to deliver premium AI performance without the hefty price tag that comes with other top-tier models. What Makes DeepSeek R1-0528 Special? DeepSeek R1-0528 builds on the success of the original DeepSeek R1 model. The company trained this new version on a massive dataset of 671 billion tokens, which helps it understand and respond to complex questions better than before. The model keeps the open-source approach that made DeepSeek popular. This means developers…

Ethereum is showing fresh signs of strength as more big investors enter the market.  The second-largest cryptocurrency by value is trading at $2,575, up 1.5% in the past 24 hours. Over the last week, its price has moved between $2,473 and $2,869, during a time when global markets have been uneasy due to the ongoing conflict between Israel and Iran. Trading activity around Ethereum (ETH) has picked up sharply. In the past day, daily spot trading volume rose over 32% to $14.27 billion. At the same time, data from Coinglass shows that futures trading volume is up 26.46% to $53.09…

Ethereum co-founder and Consensys founder Joseph Lubin predicts Wall Street will soon make its foray into DeFi and crypto amidst the recent spike in institutional demand for BTC and ETH. In a recent post, Lubin highlighted the increasing demand for Bitcoin (BTC) and Ethereum (ETH) coming from institutional investors. He believes that the spike in corporations that stock up on ETH and BTC by adopting a digital asset treasury strategy is a big indicator that the financial system is shifting to DeFi. Therefore, he predicts that Wall Street will soon dive into decentralized protocols and digital assets as more and…