Author: Yeek.io

PENGU gained by 9.6% in 24 hours, backed by a long/short ratio of 54.01% favoring bulls If spot selling continues, PENGU may struggle to maintain momentum despite bullish leverage In the last 24 hours,  Pudgy Penguins [PENGU] recorded a decent price rally, gaining by 9.6% within this period. Analysis also indicated that buying activity in the derivatives market has been high – A sign that these traders may be anticipating the memecoin’s rally. And yet, spot traders continue to offload the asset, expecting a downtrend. What are derivatives traders up to? At the time of writing, derivative traders appeared to be…

AI-powered crypto trading bots are reshaping how trading is done in the crypto market. These bots, powered by machine learning and data analytics, are designed to make faster, more efficient, and emotion-free decisions compared to human traders.  AI crypto trading bots excel at analyzing massive datasets and spotting patterns that might elude even the most experienced traders. They digest historical data, real-time market movements, sentiment analysis from news or social media, and execute trades based on defined strategies—often within milliseconds. This speed and objectivity make them powerful tools, especially in volatile environments where timing is everything. Beyond speed, one of…

Pepe coin price retreated this week as whales continued selling and the crypto market sell-off intensified.  Pepe (PEPE), the second-biggest meme coin on Ethereum (ETH), plunged to a low of $0.00001043, down by 36% from its highest point in May.  This decline happened as Bitcoin (BTC) and most meme coins plunged because of profit-taking and geopolitical issues.  Pepe’s crash also happened as whales continued exiting their positions, signaling that they expected the downtrend to continue. The supply held by whales has dropped to 137.4 trillion, down from the year-to-date high of 166 trillion. Their holdings have fallen to the lowest…

Hyperliquid reached a new all-time high in monthly perpetual futures trading volume in May, processing over $248 billion in trades. This marks a 51.5% increase from April’s total of $187.5 billion.Hyperliquid’s fast rise is not only about big numbers; it also means centralized exchanges are losing their grip and challenging their dominance. The protocol’s monthly increase of 51.5% from $187.5 billion in April shows that traders are increasingly interested in decentralized trading platforms that do not slow down.The difference between this year and last year is even more noticeable. The rise from $26.3 billion in May 2024 to the current…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. When Satoshi wrote that “participants can be anonymous,” he also built in the assumption that the rules are enforced by software, not by people. Most of today’s decentralized exchanges keep that promise: once a trade hits the mempool, no custodian can halt or reverse it. Yet, the certainty that a smart contract will execute does not translate into certainty that the overall game is fair. The $ 110 million Mango Markets exploit in October 2022 was executed…

TRUMP’s Open Interest surged after Eric Trump’s tweet revealed WLFI’s stake acquisition Is this another manipulative play, or will it spark real, lasting attention? The Official Trump [TRUMP] memecoin is back in the spotlight. Not for another unlock event or whale shuffle, but for a strategic move that’s split the market in two. On one side, you’ve got the bulls calling it the ignition spark TRUMP needed. On the other side? The skeptics. They’re calling it textbook memecoin theater, echoing the rinse-and-repeat cycles we’ve seen play out before.  Still, with sentiment turning, liquidity heating up, and the potential for a…

On June 6, 2025, ALEX, the leading Bitcoin DeFi platform on Stacks, was exploited because of a bug in its self-listing verification process. They managed to steal assets worth more than $8.37 million, including 8.4 million STX, 21.85 sBTC, 2.8 WBTC, and several types of stablecoins like USDC/USDT.According to the official announcement from ALEXLabBTC, the issue stemmed from an on-chain limitation on Stacks, which allowed the exploit to bypass listing rules. Even though there was a breach, ALEX is covering the losses and will pay back all affected users 100% in USDC from the ALEX Lab Foundation’s funds.On June 6,…

PEPE has recorded one of the most significant market declines, but still holds key support levels. Rrising accumulation in the spot market increases the likelihood of a PEPE rebound. In the past 24 hours, Pepe [PEPE] has experienced one of the steepest market drops, falling by 9.37%. This decline comes amid a broader market correction, with the memecoin sector seeing an overall drawdown of 3.03%, while trading volume surged by 67% to $9 billion. Currently, market analysis indicates that PEPE has a strong potential to rebound, returning profits to investors, as key market conditions shift toward a bullish outlook. Bullish…

Binance Research highlighted several major developments that suggest that crypto is breaking into mainstream finance. Crypto is no longer on the fringes of the financial world. On Friday, June 6, Binance Research released its weekly report, emphasizing that crypto is becoming increasingly integrated with traditional finance. Still, it noted that crypto was among the hardest-hit market segments last week, largely due to political turmoil. Both Bitcoin (BTC) and Ethereum (ETH) entered negative territory this week, weighed down by the public split between Donald Trump and Elon Musk. Their public arguments have significant implications for crypto, as Musk has been a…

Zebec Network, a decentralized real-time payment streaming platform, has acquired Gatenox to integrate native KYC, KYB, and AML compliance into its payment infrastructure. Zebec Network (ZBCN) has just announced its acquisition of Gatenox, a digital identity infrastructure company specializing in KYC, KYB, and AML compliance. The move is aimed at enhancing Zebec’s AI infrastructure by embedding native identity verification and risk assessment tools directly into its ecosystem. 🚨 Zebec Network has acquired @Gatenox — bringing native KYC, KYB, and AML directly into our infrastructure to enhance Zebec AI’s existing real-time screening.Built to serve the evolving needs of both Web3 and…