Author: Yeek.io

Top 10 losers in the market include memecoins like BONK, FARTCOIN, PENGU, and WIF Analysis revealed that weak sector performance and the Altcoin Index have significantly influenced this decline A review of the memecoin market sector highlighted a 5.59% drop across the board, at the time of writing. In fact, as the memecoin market fell, four leading tokens – BONK, FARTCOIN, PENGU, and WIF – emerged as the top losers. AMBCrypto has since analyzed the reason behind the fall in the memecoin market and where these assets could be heading next. Low sector and altcoin performance affects memecoins Interest in…
Bitcoin is hovering near $110,000 on Tuesday, and on-chain data suggests capital is rotating from the leading cryptocurrency into altcoins like XRP, Solana, and Cardano. Ethereum-rival Solana and top-five crypto XRP are now competing for dominance in both retail and institutional portfolios this cycle. Legendary trader Peter Brandt recently reignited the debate on X, asking followers to choose between XRP and Solana (SOL) for a hypothetical $100,000 investment. The statement led to an intense debate, with latest catalysts supporting the price trend for both altcoins, it rages on. XRP vs. Solana XRP, the native token of the XRP Ledger, currently…
Cryptocurrency has emerged as one of the most exciting financial innovations of the last decade. Millions have joined the movement—some chasing gains, others drawn to the ideals of decentralization. Yet despite the buzz, the hard truth remains: most people fail at crypto investing. Why? It’s not just the volatility or the scams—those are symptoms. The root cause is deeper: most people do not understand crypto. That lack of understanding explains almost every misstep: emotional investing driven by hype and fear, weak security habits, and blind trust in influencers and trends. People make poor decisions without a solid grasp of how…
DeFi’s promise of decentralized money, as we have painfully seen, comes with the peril of irreversible code vulnerabilities, poor architecture, and inadequate auditing. So it is not just as a magnet for investors and developers but also for sophisticated cybercriminals. Since Bitcoin’s inception, the crypto space has seen a long line of hacks, from simple phishing scams to highly sophisticated smart contract exploits. According to Chainalysis, DeFi protocol hacks were a major driver behind the surge in stolen cryptocurrency during 2021 and 2022, with cybercriminals stealing over $3.1 billion in DeFi-related breaches in 2022 alone. Yearly total value stolen in…
When evaluating any crypto project, its token is the ultimate measure of its success. After all, a project’s value is tied directly to the demand and utility of its token. If the token fails, so does the project. This is especially true for storage tokens, which claim to revolutionize data storage by offering decentralized, censorship-resistant, and cost-effective alternatives to traditional cloud services. But do these tokens truly deliver on their promise, or are they just another overhyped speculative asset? Let’s break down the reality behind storage tokens and whether they are worth the attention they receive. What Are Storage Tokens…
Whale accumulation and rising mid-size transactions hinted at growing confidence in PEPE’s price potential Short liquidations and bullish trend strength suggested price could extend beyond $0.000015 A massive transfer of 2 trillion PEPE tokens, worth over $27.8 million, was recently executed from Bybit to an unknown wallet. As expected, such a significant move has raised speculation about potential accumulation by a large holder, rather than preparation for a sell-off. Interestingly, the transaction seemed to be in line with rising market participation and bullish sentiments across the broader PEPE ecosystem. Whale actions often foreshadow key trend shifts. With this move occurring…
As top cryptocurrencies look to break above key levels amid fresh market optimism, ether.fi, the liquid staking protocol on Ethereum, saw its native token soar more than 21% to hit two-week highs. The price of ether.fi (ETHFI) outpaced most top altcoins, including Ethereum (ETH) that surged over 5% amid adoption news as SharpLink Gaming announced plans to buy $425 million of Ethereum. ETHFI also outpaced Bitcoin (BTC), with the decentralized staking protocol’s 21% spike to above $1.51 outshining Bitcoin’s modest 0.7% gain as BTC hovered near $110,000. Notably, the $2.5 billion fundraising announcement from Trump Media to acquire Bitcoin had…
Ethereum’s Layer 2 (L2) solutions play a critical role in scaling the network. By offloading transactions while inheriting Ethereum’s security, L2s reduce costs and boost throughput. Arbitrum, Optimism, and zkSync are leading this charge. But as L2s grow, they’re no longer forming in isolation. A clustering trend is emerging, where new L2s align around dominant ecosystems and shared tech stacks. As Blockscout’s Ulyana Skladchikova and Kirill Fedoseev observed, these clusters often standardize infrastructure and tooling, improving internal interoperability—but potentially at the cost of broader connectivity. Even Ethereum co-founder Vitalik Buterin has flagged this risk, warning that clustering could undermine Ethereum’s…
The Blockchain Group, a Paris-listed decentralized technology development company, has completed a €63.3 million convertible bond issuance to add more Bitcoin to its treasury. In a May 26 announcement, the firm confirmed that the issuance was carried out through its wholly-owned Luxembourg subsidiary, The Blockchain Group Luxembourg SA. The operation will enable the company to acquire approximately 590 BTC based on current prices, raising its total potential holdings to around 1,437 BTC. According to data from Bitcointreasuries, the firm currently holds 847 BTC. According to the Blockchain Group, 95% of the proceeds will be allocated for Bitcoin purchases, while the…
Dogecoin’s price could be on the verge of a strong breakout as a bullish flag forms, whale accumulation accelerates, and the funding rate remains positive. Dogecoin (DOGE), the biggest meme coin in crypto, was trading at $0.2280 on Tuesday, up by 75% from its lowest level in April. Technical analysis points to Dogecoin price surge The daily chart suggests DOGE may be approaching a bullish breakout. It is forming a bullish flag pattern, characterized by a vertical rally followed by a consolidating rectangle. This setup is typically associated with continuation to the upside. Dogecoin is also about to form a…