Author: Yeek.io
In a conversation with Dean Chen, Analyst at Bitunix, we discussed key macroeconomic and crypto market developments after a week of increased volatility and policy speculation. With U.S. private payroll growth missing expectations and U.S. President Trump doubling down on calls for rate cuts, Chen provided thoughtful insights into how these dynamics could impact Bitcoin (BTC) and other digital assets. As markets weigh the prospect of a Fed pivot against rising recession risks, Chen outlined how sentiment-driven price moves could either boost or destabilize crypto in the short term. We also explored Bitcoin’s evolving role during economic downturns, Ethereum’s (ETH)…
IX Swap token price surged for four consecutive days, reaching its highest level since March 4. IX Swap (IXS) climbed to a high of $0.2692, marking a 155% increase from its April low. The rally coincided with a sharp rise in on-chain activity, as the number of active addresses jumped to 300, the highest since February. This spike in engagement likely reflects increased retail participation driven by fear of missing out. A good example of this is that its social dominance soared to 0.024%, the highest point since June last year. Also, the network growth soared to 176, up from…
Quick take: Turnkey co-founders CEO Bryce Ferguson and Jack Kearney are alumni of U.S.-based crypto exchange company Coinbase. The company offers an infrastructure for digital wallets where users store and manage their cryptocurrency. Ferguson said Turnkey’s appeal lies in its ability to add and streamline advanced features to wallets. Former Coinbase employees, Bryce Fergason and Jack Kearney have raised $30 million in a Series B funding round led by Bain Capital Crypto with participation from Sequoia Capital, Lightspeed Faction, Galaxy Ventures, Wintermute and Variant, Fortune reported. The fundraising was structured as equity with token warrants of a yet-to-be-released cryptocurrency. However,…
The 24-hour trading volume for decentralized exchange (DEX) aggregator 1inch has set a new all-time high (ATH), with it surging to a staggering $7.26 billion on 9 June. This milestone has sparked speculation of an impending “DeFi Summer,” echoing the 2021 boom.The volume surge in 1inch coincides with a stark spike in the broader crypto market activity, with Bitcoin marching towards a new all-time high and Ethereum (ETH) continuing its bullish momentum. This kicks better than coffee:24h volume: $7.26B.Another ATH unlocked.Mondays at 1inch be like 🚀— 1inch (@1inch) June 9, 2025 As per Dune analytics data, the 24-hour volume for 1inch…
Shiba Inu price has already dropped 30% from its May high, and ongoing whale activity suggests further sell-off may be ahead this month. Shiba Inu (SHIB) has fallen from its May peak of $0.00001757 to $0.00001260, currently hovering at its lowest level since May 7. On-chain data reveals that whales have continued offloading their SHIB holdings this month—a sign that larger investors expect more downside. Santiment data shows that holders with between 100 million and 1 billion tokens hold 17.96 trillion tokens down from 19.5 trillion in the same period last year. Similarly, holders with between 1 million and 100…
Soneium has launched an incubator program aimed at supporting Web3 projects by providing resources and financial backing to help them scale and gain exposure. Soneium, an Ethereum Layer 2 developed by Sony Block Solutions Labs, has unveiled a new incubator program called “Soneium For All.” The program is designed to help Web3 projects overcome common challenges in the go-to-market process, such as user traction, technical scalability, and visibility. Developers selected for the program will have access to a production-ready, high-traffic network that already supports major IPs. The accepted projects will gain exposure through Soneium’s official marketing channels, including blog features,…
Pepe’s Dog memecoin debuts on KuCoin following its recent partnership with the original artist and owner of real-life Zeus. Pepe’s Dog (ZEUS), the memecoin inspired by Pepe the Frog’s iconic dog, has landed its third major CEX listing with its debut on KuCoin. The listing on KuCoin follows previous listings on Poloniex and LBank. While the token’s on-chain contract remains listed as ZEUS, KuCoin will display it under the ticker ZEUSETH due to a ticker duplication issue. ZEUS’s listing marks another milestone in the memecoin‘s rapid ascent since launch, where it grew from a $50,000 market cap to over $20…
The public listing of USDC issuer Circle has raised questions about whether Tether could pursue an IPO of its own. In response, the latter has made its stance clear. According to recent comments by CEO Paolo Ardoino, Tether, the issuer of the world’s largest stablecoin USDT, has no plans to go public. Ardoino shared the company’s position in a conversation on X, responding to questions about whether plans for an IPO might be in the works. “No need to go public,” Ardoino said. He further commented on a community member’s evaluation of what a potential Tether IPO could look like,…
Whale deposit and Netflow spike hinted at early-stage distribution and shifting large-holder sentiment. Long liquidations and $0.00001114 pressure zone suggested looming volatility and downside risk. A major whale has just deposited 1 trillion Pepe [PEPE], worth $11.65 million, into Binance after 21 days of holding. This whale had initially withdrawn 2.209 trillion PEPE, valued at $27.68 million, and still holds 1.2 trillion tokens worth about $14 million. The move locked in a realized loss of $1.95 million. Such behavior often precedes trend reversals or marks exit phases. Therefore, this high-profile dump may be more than profit-taking. It could be a…
Donald Trump’s crypto brand has been hogging headlines all week, thanks to the public spat between his family and the team behind a wallet project tied to the president. However, following all the drama, tensions seem to be easing. The crypto wallet saga involving Donald Trump’s sons and Gettrumpmemes, the company in charge of the memecoin tied to the president recently took a new turn, when Eric Trump took to social media platform X with a reconciliation post. “I am proud to announce the $TRUMP Meme Coin has aligned with @WorldLibertyFi,” he wrote. Eric’s post came only a few days…