Author: Yeek.io
Key Takeaways What’s behind the weakness in price of DOGE? Losing the critical accumulation zone at $0.18 put the memecoin into a downturn. Will Dogecoin hit $0.07? Dogecoin could hit this price mark if bear conditions are extended for a longer period and bulls failed to defend accumulation zones before this zone. Dogecoin’s [DOGE] price fell by almost 8% in the past 24 hours as of press time, with bearish sentiment continuing to surge. The memecoin has been confined in a bear structure since hitting $0.30 mark, when more than 75 altcoins were performing better than Bitcoin [BTC]. The outlook…
Key Takeaways What is the price trend of Shiba Inu now? While SHIB has breached the lows of an 8-month range, another short-term range just below has formed, but the trend remained bearishly biased. What do the whale token movements mean for SHIB? The falling supply held by whales showed distribution from the largest holders and was another indication of steady selling pressure. The October market correction saw Shiba Inu [SHIB] fall beneath an 8-month range formation. The low of this range presented a level of resistance to the prices at the time of writing, a zone of supply that…
Quick take: The funding was structured as equity and closed in March, according to a report by The Block. Liquid aggregates multiple decentralised perpetual futures trading platforms, including the top two by all-time volume, Hyperliquid and Lighter. Liquid claims to have facilitated over $600 million in trading volume with more than 2 million sign-ups already on the Waitlist. Perpetual Futures decentralised exchange aggregator platform Liquid has raised $7.6 million in a seed round led by Paradigm, with participation from General Catalyst, Alpen, alongside angel investors from Ramp, Cursor, and Cognition, the company announced on Monday. According to the report by…
Quick take: A Balancer wallet address showed unusually large fund transfers of about 6,587 WETH ($24.5 million), 6,851 osETH ($26.9 million), and 4,260 wstETH (~$19.3 million). The funds were still siphoned to the attacker’s wallet when Peckshield highlighted the incident in the morning, with more than $100 million drained. Balancer confirmed it was aware of a potential exploit affecting its v2 tools, assuring users that its engineering team had already started investigating the incident “with high priority”. Decentralised finance protocol Balancer on Monday experienced a massive exploit that saw over $128 million drained from the platform. On-chain security researchers Peckshield…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In every industry, specialization eventually outpaces generalization. As the complexity of systems increases, the tools that thrive are not the ones that attempt to do everything at once, but the ones designed to do one thing exceptionally well. Notably, technology has always followed this path. Cloud computing is split into storage, compute, and databases, chip design is branched into CPUs, GPUs, and TPUs, and finance came to rely on clearinghouses and custodians as dedicated infrastructure. Blockchain is…
The GIGGLE memecoin spiked to $110 following the news that Binance would support the token’s donation fund by distributing 50% of its transaction fees to charitable causes. Summary Binance announced it will donate 50% of all GIGGLE memecoin trading fees to support charitable projects, sparking a short-lived price rally and surge in trading volume. Despite confusion over its connection to CZ’s Giggle Academy, both Binance and Changpeng Zhao clarified that the memecoin is unofficial, though its community-driven donations have been positively received. In a recent announcement shared by Binance, the exchange stated that it would support the memecoin’s goal of…
Key Takeaways Why is Buterin backing prediction markets over memecoins? He argued that most memecoins are risky with little real-world utility, unlike structured prediction markets. Will memecoin traders shift to prediction markets? That remains to be seen, but there were still considerable losses in both segments. Ethereum [ETH] Co-Founder, Vitalik Buterin, has heightened criticism against memecoin gambling. In an X (formerly Twitter) post, Buterin decried that they are short-term “risky weird things” that do not make financial sense and should be shunned. “Memes glorifying being ‘all in’ in a financial sense on things you did not even know about 5…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The crypto and web3 community has long struggled with the fundamental disconnect between the technology’s world-changing potential and the reality of the volatile market: NFTs, memecoins, and high-risk speculative trading. But could a focused approach on “boring” everyday financial utility be Ethereum’s (ETH) “Google Search moment”? Summary Ethereum’s future should prioritize stable, reliable infrastructure — payments, savings, and low-risk lending — over speculative hype, enabling real-world utility and global financial access. The “Sizzle Paradox” shows that hype-driven…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Scroll Crypto Twitter for more than 10 minutes, and what you’ll notice are the same names on the space Spaces repeating the same story about ‘community’, and how vital their POV on the topic is. What is often left stubbornly unclear in these talks is the product. Summary Web3’s obsession with hype and “community” has buried product clarity — users can’t adopt what they don’t understand. True growth comes from transparency: real audits, verifiable user data, and…
Key Takeaways Why are Zcash and Trump Coin dominating today’s market narratives? Zcash thrives on privacy demand, while Trump Coin rallies on political speculation and volume growth. What’s fueling ai16z’s explosive rise amid market uncertainty? AI innovation, Solana expansion, and massive trading volume drive ai16z’s sharp price rally. The cryptocurrency market has entered a narrative-driven phase, where privacy, politics, and artificial intelligence are capturing investors’ attention. Zcash [ZEC], Official Trump’s [TRUMP], and ai16Z [AI16Z] are the top trending assets, each powered by distinct catalysts, from privacy-driven demand to AI innovation. High 24-hour trading volumes and rapid price rebounds show that…