Author: Yeek.io

TRUMP has traded within a defined range for the past three weeks. Persistent selling near the $15 mark reinforced bearish dominance and limited short-term upside momentum. Official Trump [TRUMP] saw a strong rally in April, climbing from $7.14 to $16.44, but it failed to sustain its momentum. The memecoin rallied in April on the news that the top 220 holders will get the chance to meet President Trump for dinner on the 22nd of May. Over the past three weeks, demand has weakened, and TRUMP was unable to rally beyond $14.4. Technical analysis highlighted key support and resistance levels for…

The United States Securities and Exchange Commission has delayed its decision on Grayscale’s proposed spot ETFs for Avalanche and Cardano, extending the review period to 15 July 2025. A May 28 press release from the Commission said it was appropriate to designate a longer period to consider the proposed rule change. The SEC made the designation under Section 19(b)(2) of the Securities Exchange Act of 1934, which allows for extensions beyond the initial 45-day review window. Nasdaq filed the Avalanche ETF proposal on 27 March 2025 and seeks to list and trade shares of the Grayscale Avalanche Trust under Nasdaq…

Blockchain networks are bleeding casual users, with four out of five low-engagement accounts going inactive within three months, a Flipside study reveals. A recent study reveals a hard truth about blockchain ecosystems: most users lose interest quickly. Data from Flipside, which analyzed user behavior across networks such as Solana, Ethereum, Arbitrum, and Avalanche, shows that user retention is extremely low. The majority of users disappear within months unless they were already highly active from the start. Flipside took a hard look at how wallets behave over time. They sorted users into three categories: low-value (scores 0-3), medium-value (4-7), and high-value…

WCT jumped 11% following news that Jupiter stakers will be eligible for a token claim tied to WalletConnect’s Solana expansion. WalletConnect Token (WCT) jumped on Thursday as buzz spread about an upcoming airdrop tied to Solana (SOL), and some Jupiter stakers are now on the list. Following the news, the price of WCT rose 11.6% and is trading at $1.06, according to data from CoinGecko. The token has gained 276.8% over the past month, rising from $0.2814 on April 15. The price rally followed growing anticipation around WCT’s expansion to Solana. At the Solana Accelerate event, WalletConnect Foundation founder Pedro…

Ethereum has crossed $2,700 for the first time since February, rising nearly 5% over the past 24 hours to trade at $2,736 at press time.  The move extends its impressive recovery, with Ethereum (ETH) now up 53% over the past month after a rough Q1 that saw prices drop more than 45%. A major driver behind the rally appears to be growing institutional interest.  U.S. spot Ethereum exchange-traded funds have attracted $402 million in inflows over the past month, according to SoSoValue data. BlackRock’s iShares Ethereum Trust alone brought in $53 million in the past 24 hours, pushing its cumulative inflows…

Shiba Inu flashed a sign of bullish intent in the speculative markets, but the sentiment quickly turned neutral. The triangle pattern development threatened a bearish trend reversal. Shiba Inu [SHIB] broke out of a lower timeframe channel last week. This move sparked bullish hopes, but turned out to be a false alarm. The memecoin saw increased speculative activity less than 24 hours ago, but technical indicators showed that demand had slowed down. The descending triangle pattern and liquidation data showed that a price drop was imminent. The question was, how deep would the drop be? Shiba Inu bears threaten a…

Nearly $58 million in USDC has been frozen in connection with the LIBRA memecoin scandal, deepening the legal and political fallout from one of this year’s biggest crypto scandals. On May 29, blockchain analytics firm Arkham reported that Circle, the issuer of USD Coin (USDC), froze two Solana (SOL) wallets tied to the LIBRA deployer and project team. The wallets held a combined $57.65 million in USDC, which is now immobile. The action was carried out by Circle’s multisig freeze authority. ALERT: $57M OF USDC ASSOCIATED WITH LIBRA FROZEN BY CIRCLETwo Libra accounts have just been frozen by Circle, including…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum founder Vitalik Buterin has made a case for ETH to be used as a cash substitute amid growing concerns of cash extinction in some Nordic nations. However, Buterin noted what needs to happen before the altcoin can achieve such a level of adoption.  Ethereum Founder Proposes ETH To Replace Cash In an X post, the Ethereum founder put forward the idea of ETH replacing cash in nations that are adopting a cashless system. This came while he was commenting on how the Nordics are reversing their…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has gained bullish traction with the crypto asset reclaiming and surging past the $2,600 price level as Tuesday drew to a close. ETH’s recent upward performance has been attributed to several key factors in ETH’s market dynamics, including the Open Interest (OI). A Sharp Uptick In Ethereum Open Interest As Ethereum’s price shows signs of upside strength, a crucial shift has occurred in its market dynamics. During this recent upside performance, ETH’s derivatives market is heating up as evidenced by a sharp rise in its open…

BIMA, a decentralized finance protocol focused on Bitcoin-backed stablecoins and yield strategies, has partnered with exSat, a Bitcoin banking provider and layer-2 network, to help accelerate the adoption of Bitcoin-based DeFi. The two platforms announced their strategic partnership on May 28, 2025 amid the high-profile Bitcoin (BTC) conference in Las Vegas, BIMA and exSat’s quest to bolster Bitcoin’s decentralized finance ecosystem begins with an initial deployment of $100 million in BTC. Growth will see the platforms scale this deployment from 1,000 BTC to over 5,000 BTC worth $500 million. The partnership follows BIMA’s recent mainnet launch, during which it introduced…