Author: Yeek.io

Fartcoin bounced 12% in the past 24 hours, though trading volume slipped 6%. The memecoin attempted a short-term reversal as whales added positions through the week. This move placed traders between two paths: a continuation toward resistance or a return to the former accumulation zone. FARTCOIN forms a potential bottom  After the rally, the price action charts showed Fartcoin [FARTCOIN] reclaimed the $400 million market cap for the first time since the 30th of October. FARTCOIN’s potential bottom on the four-hour chart formed an inverted head-and-shoulders pattern that has been developing since early November. On top of that, the second…

Quick take: MoneyGram claims that more than 50 million people rely on its services each year to move money across borders quickly, affordably, and securely. To meet the needs of so many people, the company navigates complex regulatory requirements in every market. Fireblocks’ secure crypto infrastructure facilitates more than $5 trillion in annual digital asset transfers. MoneyGram, the global payment network, has announced a partnership with the crypto payments infrastructure provider, Fireblocks, to accelerate global payments.  According to the press release seen by NFTgators, the collaboration will also advance MoneyGram’s stablecoin-based settlement and multi-asset treasury operations across its retail and…

Quick take: Upon completion, the deal will transform Solmate from a passive digital asset treasury into an integrated infrastructure, liquidity, and asset management business. The deal will see Solmate purchase all of the equity of RockawayX in an all-stock transaction. The combined company will continue to trade under the ticker name SLMT on the Nasdaq, with RockawayX’s infrastructure, liquidity, and asset management units folded into Solmate. Solmate, the Abu Dhabi, UAE-based Solana infrastructure company, has announced the acquisition of Web3-focused venture capital firm RockawayX. The two companies said Thursday that they have signed a non-binding term sheet for a business…

Shiba Inu’s [SHIB] ecosystem turns energetic after the burn rate jumps 1,822%, removing more than 35 million SHIB in 24 hours.  The sharp reduction in circulating supply attracts traders who monitor periods where supply tightens while demand starts building.  Moreover, the surging burns align with improving market participation, which strengthens expectations of short-term stability for SHIB.  The supply drop creates natural pressure on sellers because reduced tokens increase the cost, pushing the price downward.  However, the market waits to confirm if burn activity maintains its pace, since isolated spikes rarely shift long-term direction.  The current surge, therefore, injects momentum into…

Quick take: Axis says it deployed $100 million in capital from existing limited capital during the protocol’s closed beta testing.  It claims that its stress-testing market-neutral strategies have already achieved a Sharpe ratio of 4.9. The company currently supports yield-generation across USD, Bitcoin, and Gold. Axis, the on-chain yield protocol that uses quantitative strategies to generate yield, has raised $5 million in a funding round led by Galaxy Ventures. The fundraising also attracted participation from FalconX, OKX Ventures, CMT Digital, Maven 11, GSR, CMS Holdings, and Marc Zeller of the Aave Chan Initiative, among others. According to the press release…

Quick take: The latest funding brings the total raised to $28 million, with the blockchain-based derivatives platform having previously raised $8 million. Ostium’s decentralised perpetual future trading platform allows users to trade real-world assets like stocks, metals, oil, and some cryptocurrencies. Co-founder and CEO Kaledora Kiernan-Linn said his platform is more comparable to the likes of eToro, Robinhood, and IG than it is to Hyperliquid, Lighter, and Aster. Ostium, a decentralised crypto exchange platform co-founded by Harvard graduates, has raised $20 million in a funding round led by General Catalyst and Jump Trading. The fundraising also attracted participation from Coinbase…

Pepe has continued to rally over the past day as it gains dominance in the memecoin market. However, the rally has not been without its hiccups, as several bearish signals suggest the market condition is not fully bullish yet. Pepe face hurdle of a 39% drop Pepe [PEPE] has now traded into a cautious position as price rallies into a key resistance zone on the chart. This level is concerning, particularly due to price reactions here in previous market instances. The last two times price reached this level, it experienced a 19.39% decline on both occasions, suggesting strong selling pressure.…

With the broader crypto market signaling recovery, Pudgy Penguins [PENGU] successfully held $0.01 support, rising to a local high of $0.012. In fact, at press time, PENGU was trading at $0.01221, up 25.47% on daily charts. Over the same period, the memecoin’s trading volume surged 153.5% to $333 million, indicating growing on-chain activity.  But is this the start of a sustained recovery? PENGU retail buyers stage a comeback The recent price uptick was largely fueled by a resurgence in retail buying, as PENGU traders returned once the market cooled. According to Coinalyze, the memecoin recorded 3.2 billion in Buy Volume…

Dogecoin’s price performance in recent weeks has been uninspiring. In an altcoin market that has been suffering heavy losses, the memecoin sector was one of the worst-performing. The total altcoin market cap (excluding Ethereum) has shrunk 28.46% within the past two months. The memecoin market cap has fallen by 50% in the same period. Dogecoin [DOGE] was also down by 49%. This deep price drop has led to analysts pointing out how the next DOGE run could blindside the market. Source: X Perhaps the cup and handle pattern would come to fruition. The performance over the past year did not…

Quick take: The crypto exchange company previously partnered with Backed to launch the tokenized stocks product, xStocks, in May 2025. The xStocks product was later adopted by other crypto exchanges, including Bybit and Bitrue, to support tokenized stocks on their platforms. Backed Finance’s real-world asset tokenization service gained popularity earlier this year amid the buzz around tokenizing publicly listed stocks. Karken has announced the acquisition of the real-world asset tokenization platform Backed Finance. The crypto exchange company said on Tuesday that the acquisition allows it to integrate Backed’s digital tokens representing stocks and ETF shares more deeply into its platform.…