Author: Yeek.io

Internet Computer’s ICP token rallied for the fourth day, outperforming the broader crypto market amid hype over the announcement of its new AI-driven platform, Caffeine. According to data from crypto.news, Internet Computer (ICP) rose 8% to an intraday high of $5.66, pushing its market capitalization above $3 billion. The token is now trading 32% above its year-to-date low. Today’s gains, supported by a notable increase in daily trading volume, came as the broader cryptocurrency market slumped, with total market capitalization falling 2.2% to $3.4 trillion over the past 24 hours. ICP’s recent rally was driven by excitement around Caffeine, an…

Bitcoin-focused decentralized finance platform Alex Protocol has launched a Treasury Grant Program to reimburse users affected by a recent exploit that resulted in over $8 million in losses. According to a June 8 announcement, the program will provide financial support through a combination of original tokens and USDC equivalents, depending on the type of asset lost. Affected users must connect their impacted wallet to the official grant interface, review their specific compensation offer, and sign a confirmation message to accept the terms and conditions. Alex Protocol was exploited on June 6, targeting several liquidity pools on the platform. Alex Protocol…

SUI may be setting up for a rebound, with momentum returning across both technical and on-chain fronts. As of Monday afternoon Asian time, Sui (SUI) was trading at $3.20, down about 25% from its peak last month. Its market cap sat at around $10.8 billion, according to data from crypto.news. One of the setbacks weighing on SUI recently was the SEC’s decision to delay its ruling on the proposed Canary SUI ETF, a move that would’ve given investors regulated exposure to the token. While ETF delays are pretty standard in the approval process, they often dent market sentiment, especially in…

Table of Contents Realizing the Onchain Cash Opportunity: ANZ and Fidelity International Use Case Enabled by Chainlink What Are The Opportunities for Institutions? What Critical Infrastructure Is Needed To Unlock Digital Payment Rails? Realizing the Onchain Cash Opportunity: ANZ and Fidelity International Use Case Enabled by Chainlink Next Steps

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,…