Author: Yeek.io
Ethereum is leading Bitcoin in ETF flows post-Pectra upgrade, suggesting a coming altcoin season, says Tracy Jin of MEXC. Bitcoin’s (BTC) grip on the crypto market may soon loosen. On Tuesday, June 3, MEXC COO Tracy Jin shared her analysis with crypto.news, highlighting significant signs of an upcoming altcoin season. Notably, Jin explains that Ethereum’s (ETH) performance following the Pectra upgrade is showing strong momentum. “Ethereum is decisively leading the charge for transition and capital rotation into altcoins in this current market cycle, and other coins like XMR, ENA, HYPE, AAVE, and ARB are following suit, posting more than 5%…
“For over a century, it has been recognized that a key technical component making democracy work is the secret ballot: no one knows who you voted for, and furthermore, you do not have the ability to prove to anyone else who you voted for, even if you really want to. If secret ballots were not a default, then voters would be accosted with all kinds of side incentives affecting how they vote: bribes, promises of retroactive rewards, social pressure, threats, and more.” — Vitalik Buterin, “Why I Support Privacy,” 2025 DAOs emerged with the promise of radical transparency — every…
We are excited to announce the Devconnect Scholars Program, as part of Devconnect ARG 2025! The Scholars Program will welcome 100 leaders who are expanding Ethereum’s reach by connecting it to new communities, industries, and ideas. Scholars will co-learn and co-create, building bridges between Ethereum and other worlds. The 2025 cohort will include five categories: (1) Ethereum Community Organizers, (2) Legal & Public Sector Professionals, (3) Journalists, (4) Artists, and (5) Developers & Other Builders of any kind. Applications are now open, until Monday, June 30th! How the Scholars Program Works The Program will begin in late August with online…
A blockchain investigator suggested that crypto laundering by North Korean hackers may account for 15–25% of LiFi activity. LiFi Protocol reported its highest activity figures yet. However, blockchain investigator ZachXBT suggested that much of the cross-chain bridge’s volume was tied to North Korean hackers laundering funds from the Bybit hack. On Tuesday, June 3, ZachXBT highlighted LiFi Protocol’s record-breaking performance. The protocol’s founder, Arjun Chand, shared May data showing $3 billion in volume and 4.37 million executed transactions. Additionally, he claimed that over 510,000 unique users were served. ZachXBT noted that the founder did not address the likely reason behind…
Popcat was up 15.37% over the past day, at press time. Demand was rising in both spot and futures, setting Popcat up for a potential rally to $0.47. Over the past day, Popcat [POPCAT] has experienced significant gains on its price charts to hit a local high of $0.429. In fact, at the time of writing, Popcat was trading at $0.4199. This marked a 15.37% increase over the last 24 hours. As prices surged, the memecoin’s volume followed suit, spiking by 84.8% to reach $72 million, with the total volume rising to $389.7 million. Source: Coinalyze The sharp rise…
SOPH, the native token of the entertainment-focused Layer 2 network Sophon, saw a strong rally today after getting listed on South Korea’s major crypto exchange, Bithumb. According to data from CoinGecko, Sophon (SOPH), the native token of the entertainment-focused Layer 2 network Sophon rallied as high as 445 ot an intraday high of $0.072 on June 3 Asian time while its market cap shot up to $138.5 million. SOPH rallied in a high-volume trading environment, with data showing its daily trading volume surged by 236% over the past 24 hours. As of now, the altcoin has a circulating supply of…
SUI, the native token of the Layer 1 blockchain Sui, has entered a period of steady decline after failing to sustain its recent rally above the $4 level. After briefly breaking above the $4 mark in a May 2025 rally SUI (SUI) has hit a rough patch in recent weeks struggling to maintain its upward momentum. Per recent price performance, the token is down over 7% over the past week, despite recording a modest 1.3% bounce in the last 24 hours. SUI’s price movement| Source: crypto.news Trading at $3.32 at press time, SUI’s price is a slight recovery from its…
ONDO price has dropped 12% this week, breaking its uptrend structure with a lower high and then a deep lower low. Can the critical $0.80 support level stop further breakdwon? Ondo Finance (ONDO) price has recently broken its uptrend structure, forming a lower high and then breaking below the lower trendline of an ascending broadening wedge pattern, resulting in a lower low at $0.78. That pullback also sliced through the key horizontal support zone at $0.90. Buyers stepped in at the $0.78 swing low, driving a recovery that has pushed the price back to $0.85 at press time. Despite this,…
Crypto payment cards have become increasingly popular in recent years as a means of spending digital assets in everyday scenarios. Once seen solely as an investment, cryptocurrencies in 2025 are widely being used for payments, particularly by younger, tech-savvy users who seek convenience without sacrificing control over their finances. A recent study by Coupon Follow reveals that 42% of U.S. millennials have used cryptocurrency for purchases in the past year, marking a 12% increase since 2022. With more people looking to spend their crypto, several new payment cards now make the leap from wallet to checkout much easier. Here are…
The Ethereum foundation has announced a shakeup of its internal structure, including the rebrand of its research and development team. A June 2 release by the Ethereum Foundation has outlined a strategic restructuring of its core development team. The reorganization aims to sharpen focus, improve collaboration, and accelerate progress toward Ethereum’s scaling and usability goals. Key to the restructuring includes laying off several staff members and rebranding the Protocol Research & Development (PR&D) team as simply ‘Protocol.’ The revamped team will focus on three strategic priorities, including scaling Layer 1, improving user experience, and expanding blobspace capacity. “This means some…