Author: Yeek.io

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…

Interest in memecoin ETFs is growing as more investors and market watchers eye their potential launch, and analysts are highlighting why they could be on the horizon. Bloomberg analyst Eric Balchunas recently expressed optimism about the potential launch of a memecoin exchange-traded fund. His comments came in an X thread, where he responded to an earlier post that suggested a memecoin ETF could be a promising idea. Balchunas explained that the crypto ETF market is expected to see a wave of actively managed funds towards the end of 2025, after which a memecoin focused era is likely to follow in…

The Bitcoin-based CeDeFi platform, Avalon Finance, has announced the burning of over 80 million tokens, representing nearly 44% of its circulating supply. Following the move, the price of the AVL token jumped by 16% as it caught widespread attention from the crypto community. Avalon Labs noted that a total of $20 million of airdropped AVL tokens were claimed by more than 100K users over the past year, and the burning, which took place on June 9, particularly included unclaimed tokens, worth approximately $16 million at the time. Avalon Labs has officially burned 80M $AVL, representing 44% of the circulating supply. These unclaimed…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As the dust settles from the latest wave of phishing attacks, breaches, and increasing regulatory pressure, one thing is becoming abundantly clear: the era of centralized custody in crypto is reaching an inflection point. Coinbase may still stand tall as the poster child of exchange-driven adoption, but its growing vulnerabilities expose a systemic flaw. Users are still being asked to trust a third party with their assets, privacy, and safety. In a post-Coinbase world, this trust model…