Author: Yeek.io

Arbitrum gained $381 million in stablecoin inflows over the last week, while Ethereum lost $374 million. Stablecoin users are increasingly flipping out of Ethereum (ETH) and into faster, cheaper layer-2 chains. For the week ending June 2, Ethereum’s layer-2 network, Arbitrum (ARB), led all top chains in stablecoin inflows. The network recorded $381 million in inflows, while Ethereum saw $374 million in outflows. $381M into Arbitrum.🔩 $374M out of Ethereum.In just 7 days.👁️‍🗨️ More than stablecoin rotation this is risk-on capital choosing speed, incentives, and lower friction.If this trend holds, are we watching the early signs of an L2 liquidity…

Markets are unpredictable, and crypto is no exception. One of the more deceptive patterns traders face is the bull trap—a setup that lures in optimistic buyers, only to reverse direction and leave them with losses. For anyone navigating volatile crypto markets, understanding bull traps is essential. This article breaks down what a bull trap is, how it works, how it’s used to manipulate markets, how to spot one, and what you can do to protect yourself. We’ll also look at real examples from crypto history and clarify how bull traps differ from bear traps. What is a Bull Trap, and…

Dogwifhat price has surged by over 250% from its lowest point in April and formed a rare pattern that points to more gains in the coming weeks. Dogwifhat (WIF) rose to $1.0142 on Tuesday as Bitcoin (BTC), altcoins, and the stock market rallied. This surge pushed its market cap to $1.01 billion, making it the fourth-biggest Solana meme coin after Trump, Bonk, and Fartcoin. WIF has strong technicals and fundamentals that may support further upside in the coming weeks. First, Santiment data shows that network growth surged from Monday’s low of 1,690 to over 5,000. This metric tracks the number…

Pepe price rose for four consecutive days as smart money investors bought the recent dip and as Ethereum crossed the resistance at $2,600.  Pepe coin (PEPE) climbed from last week’s low of $0.000011 to a high of $0.00001285. This rebound occurred in a high-volume environment, with 24-hour trading volume surging by 40% to $1.05 billion. Pepe rallied for several reasons. First, the recent crypto market crash has stalled over the past few days. Bitcoin (BTC) has risen from last week’s low of $103,000 to $105,400, while Ethereum (ETH) rose to $2,650 Pepe is highly sensitive to Ethereum price movements because…

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…