Author: Yeek.io

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 Santiment noted that over the last five years, 15.3 million ETH have been withdrawn from centralized trading platforms.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…

BONK remains in a strong bullish trend despite a recent correction, with price now rebounding off key technical support. A breakout could lead to a sharp 77% upside move. BONK (BONK) continues to show signs of strength, even after a recent rejection at a key resistance level. The cryptocurrency is currently holding a major area of technical support, setting the stage for another potential leg higher. With buyers stepping in at the right moment, the bullish market structure remains intact—offering traders an optimistic outlook heading into the week. Key technical points Support Zone: 200MA + Daily Support + 0.618 Fibonacci…

The start of May was filled with key updates and powerful features. From new security partnerships to deeper analytics and reflections on the true value of crypto, we continued pushing forward to make Web3 safer for all DeFiers. Partnership with SushiSwap We announced a partnership with SushiSwap to make Defi safer than ever. SushiSwap integrated the De.Fi Crypto Antivirus API into their platform, to add a critical layer of protection against common threats like: • Transfer locks• Honeypots• Malicious token behaviors• And other hidden traps This collaboration ensures web3 users can trade, swap, and explore with confidence. With SushiSwap now…

After a strong rally over the weekend, Moo Deng is now undergoing a healthy pullback. Despite the recent 13.81% dip, bullish momentum remains intact as price approaches a key support confluence. Moo Deng (MOODENG) has seen a sharp but expected correction after a strong weekend rally that pushed price into resistance. This pullback is not a sign of weakness but rather a natural breather in what continues to be a bullish trend. As price retraces, attention now turns to a key technical zone that could offer the perfect setup for the next leg higher. Key technical points Current Correction: Moo…

Vladimir Smerkis, former regional director for Binance in the Commonwealth of Independent States (CIS) and co-founder of the Telegram-based crypto game Blum, has been arrested in Russia on allegations of extensive fraud.The Zamoskvoretsky District Court in Moscow authorized prosecutors to demand that Smerkis be held under continuous investigation on May 18, 2025.Russian official media TASS claim that the case concerns allegations under Article 159 of the Russian Criminal Code, which pertains to major financial theftAuthorities claim Smerkis was linked to fraud, possibly causing major investor losses. Should he be found guilty, he may spend two to twelve years behind bars.From…

Ethereum price dropped on Monday as risk-off sentiment continued in the crypto and stock markets, and after a whale capitulated at a significant loss. Ethereum (ETH) fell to $2,400 on Monday, down from this month’s high of $2,732. The decline wiped out $35 billion in market capitalization, which dropped from $325 billion on May 14 to $289 billion. ETH retreated after a large holder capitulated. According to Lookonchain, the whale withdrew 7,000 ETH worth $16.8 million at a loss. Previously, the same address had withdrawn 13,479 ETH worth $48.82 million between Dec. 5 and Jan. 13. The whale still holds…

Sonic SVM chain on Solana is introducing a new burn mechanism to boost buying pressure on its token and liquidity. Solana-based (SOL) Sonic SVM (not to be confused with Sonic, formerly Fantom) is making a key change to its tokenomics. On Monday, May 19, in a press release shared with crypto.news, Sonic SVM announced an overhaul to its token burn model. Under the new mechanism, 50% of all transaction fees will be used to buy SONIC tokens on the open market. Sonic SVM is a Solana-based blockchain built using the Solana Virtual Machine. It acts as a sort of layer…

Tatsu Works is pulling the plug on Tatsumeeko: Lumina Fates, ending a three-year journey backed by $7.5 million in venture capital. Blockchain game developer Tatsu Works said it’s stopping the development of its MMORPG-lite title “Tatsumeeko: Lumina Fates,” three years after raising $7.5 million in venture funding. 📜 Embracing What’s Next For TatsuToday, we’d like to share a difficult decision. The Tatsu team has discontinued the development of Tatsumeeko. However, we’re still here. With sharper focus and hard-won lessons, we’re working on Project: Wander, a new experience designed… pic.twitter.com/f5esIasfdt— Tatsumeeko (@tatsumeeko) May 19, 2025 The Singapore-based company said in a…