Author: Yeek.io

COLLAT price has surged over 240% in just two days, breaking through major resistance levels and opening the path for further upside, with its low market cap signaling potential for multiple-X growth. Collaterize (COLLAT) is up 37% in the past 24 hours, continuing its breakout rally that began two days ago on May 17, when the price decisively pushed through the $0.27 resistance level with a spike in trading volume. Since that breakout, COLLAT continued climbing, reaching an intraday high of $0.89 today. This marks an approximate 240% gain at its peak in just two days. However, the price has…

Dogecoin price remains under pressure this week as a risk-off sentiment prevailed in the crypto and stock markets. Dogecoin (DOGE) dropped to $0.2200 on Tuesday, down by 15% from its highest point this month. This decline, however, could be a calm before the storm ahead of an eventual rebound.  Whale accumulation is continuing One of the top leading indicators in crypto fundamental analysis is whale activity. Whales, or large investors, are often seen as being more sophisticated and experienced players in the crypto market.  In most cases, these whales accumulate when they expect that an asset’s price will bounce back…

KuCoin Pay has partnered with AEON to expand crypto payment solutions, enabling users to make transactions with digital assets at both physical and online merchants. Launched in January this year, KuCoin Pay, a crypto payment solution developed by global crypto exchange KuCoin, has announced a strategic partnership with AEON to advance Web3 mobile payment solutions. The integration with AEON’s chain-agnostic platform now allows KuCoin Pay users to spend Tether (USDT), USDC Coin (USDC), Ethereum (ETH), Ton (TON), and Binance Coin (BNB) in both physical stores and on digital platforms. The system also enables automated recurring payments, such as subscriptions and…

Usual stablecoin issuer just launched its USD0/USDC liquidity pool on Fluid DeFi protocol, allowing liquidity providers to earn dual yields from both lending and trading APRs. On May 19, an RWA-backed stablecoin protocol Usual announced the launch of its USD0/USDC liquidity pool on the DeFi protocol Fluid. The integration allows liquidity providers to earn lending APR, trading APR, and USUAL rewards on top. The launch is powered by Fluid’s advanced architecture, which optimizes liquidity ranges and enables deeper, more efficient markets for stablecoin trading. This results in tighter spreads and better execution for users interacting with the USD0/USDC pair. However,…

Anza, a Solana-focused blockchain infrastructure firm, has proposed a major overhaul to Solana’s core protocol with the introduction of a new consensus mechanism dubbed Alpenglow. According to a May 19 blog post, Anza described Alpenglow as the “biggest change” to Solana’s architecture since its inception, calling it a “turning point for Solana.” The protocol would replace Solana’s existing TowerBFT and Proof-of-History (PoH) systems with a new architecture built around two key components, namely, Votor and Rotor.  Votor handles the voting and block finalization process, while Rotor serves as the data dissemination protocol. Unlike the current design, which relies on gossip-based…

AI startup Succinct has introduced its PROVE token as part of a new protocol designed to enhance legal contract analysis and verification using zero-knowledge proof technology. Succinct, an AI startup which raised $55 million to build tools that automate and improve the review of complex legal agreements, is launching its PROVE token in its efforts to transform how legal contracts are analyzed and verified. In a blog post Monday, the startup said the token is part of a wider plan to build a protocol using zero-knowledge proof technology to speed up contract reviews. Succinct aims to be a decentralized marketplace…

AAVE rallied as much as 25% today, fueled by growing optimism across its ecosystem and a spike in trading activity. Aave (AAVE) soared to an intraday high of $269 on May 20 afternoon Asian time, marking its highest level since February and making it one of the top-performing cryptocurrencies in the market right now. From its April low, AAVE has now climbed more than 132%. The surge came alongside a spike in trading volume. According to data from crypto.news, over $800 million worth of AAVE changed hands today, its most active day since early March. Meanwhile, AAVE’s futures open interest…

Banking giant JPMorgan will allow clients to buy Bitcoin, CEO Jamie Dimon said at the firm’s annual investor day. Speaking to CNBC, Dimon said clients would soon be able to buy Bitcoin, though the bank itself won’t hold the asset.  “We’re not going to custody it,” he noted, adding only that Bitcoin will appear “in statements for clients.” No additional details were disclosed. The move marks a notable shift for the largest U.S. bank, particularly as rival Morgan Stanley already offers access to spot Bitcoin ETFs for qualifying clients. JPMorgan is expected to offer access to Bitcoin exchange-traded funds (ETFs),…

Ethereum’s supply on centralized exchanges has dropped to its lowest level in over 10 years, as large holders and institutions continue to accumulate the asset.  According to a May 19 update by Santiment, less than 4.9% of Ethereum’s (ETH) total supply is now held on exchanges, a record low in the network’s 10+ year history. Santiment noted that over the last five years, 15.3 million ETH have been withdrawn from centralized trading platforms. 📉 Ethereum has under 4.9% of its supply on exchanges for the first time in its 10+ year history. And Bitcoin’s supply on exchanges is down to…

Memecoins are once again dominating headlines as PEPE and WIF spearhead a strong sector-wide rally. This strength aligns with a broader uptick in crypto market activity.  While the broader crypto market dips 1.41%, the memecoin sector is bucking the trend. It is up 7.28% at press time, now sitting at a hefty $71.14 billion in market cap.  This kind of divergence has historically hinted at the start of a “memecoin supercycle”, where speculative momentum goes parabolic.  According to AMBCrypto, several early-stage indicators suggest the setup is “very much in play.” PEPE and WIF lead speculative rotation The memecoin space is…