Author: Yeek.io

Key Takeaways What’s driving USELESS Coin price? Volume, buyer strength, and rising Open Interest drove the surge in the USELESS Coin price that day. Will the memecoin sustain the momentum? General market optimism must align for the memecoin to maintain its momentum. Useless coin [USELESS]  defied the broader crypto market downturn, surging 22% in 24 hours, at press time, and outperforming all major memecoins. As the highest-cap memecoin on LetsBONKfun, a launchpad within the BONK ecosystem, USELESS stood out for its resilience, gaining traction even as top tokens like Dogecoin [DOGE] faced sharp declines. What’s driving the surge? Three key…

Quick take: YZi Labs’ investment in Better Payment Network comes just a week after the CZ-linked family office launched a $1 billion fund to back founders on the BNB Chain ecosystem. Better Payment, which offers a programmable multi-stablecoin payment network, is natively built on the BNB Chain. Better Payment Network combines a centralised finance model (CeFi) with stablecoin payments to balance efficiency, programmability, and regulatory alignment. Better Payment Network (BNB), a multi-stablecoin payment network natively built on the BNB Chain, but supporting multiple high-performance chains, has raised $50 million in a seed round led by Chengpeng Zhao (CZ)-linked family office,…

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 second quarter of 2025 has been a reality check for blockchain scaling, and as capital keeps pouring into rollups and sidechains, the cracks in the layer-2 model are widening. The original promise of L2s was simple: scaling up L1s, but the costs, delays, and fragmentation in liquidity and user experience keep stacking up.  Summary L2s were meant to scale Ethereum, but they’ve introduced new problems, while relying on centralized sequencers that can become single points of…

President Donald Trump and his family have made at least $1 billion from crypto-related ventures in the past year, Financial Times investigations uncovered. Summary The U.S. President and his family have earned over $1 billion in pre-tax profits from crypto ventures, including WLFI tokens, meme coins, stablecoins, and digital trading cards. Trump’s crypto-linked companies, especially World Liberty Financial and Trump Media & Technology Group, have become major sources of wealth, with TMTG’s pivot to digital assets and bitcoin funds. According to a recent Financial Times report, U.S President Donald Trump’s wealth has seen a significant rise from ongoing crypto-related businesses,…

Key Takeaways Why is Dogecoin under pressure after the whale transfer? A 132 million DOGE inflow to Robinhood has raised concerns of large-scale selling, amplifying short-term market uncertainty. What signals DOGE’s overvaluation? Dogecoin’s NVT Ratio surged to 287, hinting at stretched network value. Dogecoin [DOGE] witnessed a massive transfer of 132 million tokens, worth $27 million, from an unknown wallet to Robinhood, sparking fears of heightened selling activity.  Historically, such whale transfers have often preceded short-term price pullbacks, as large holders typically move funds to exchanges before selling. The transaction’s timing, combined with fading retail demand, highlights the growing market…

Key Takeaways What’s influencing Wynn’s bets? The recent market rebound after the crash could have driven the decision to go long on Bitcoin, PEPE, and HYPE as ‘buy dip’ talks resurfaced. Will the bets pay off? If the broader market maintains the strength seen this week, Wynn could be paid handsomely, bearing the discounted entry points. The cryptocurrency market has been fluctuating since the beginning of the week. Traders are slowly shifting their bias, days after the crash, which they viewed as the onset of a bullish quarter. James Wynn, a well-known investor on Hyperliquid DEX, has returned with a…

Quick take: Built by Texture Capital and Sologenic, SoloTexis is set to launch its platform later this year.  The platform provides real share ownership through tokens, including dividends and voting rights. Tokenisation of U.S. stocks and ETFs gained popularity this year, with the likes of Kraken, Bybit, and Gemini among those offering the product to non-U.S. traders. Texture Capital, a U.S.-based broker-dealer registered with the Securities and Exchange Commission and FINRA, said it has received regulatory approval to offer tokenized U.S. stocks to U.S. retail traders.  The product will be offered through the company’s SoloTex platform, built in partnership with…

Shiba Inu’s price has been on a strong downward trend this year, and a rare chart pattern points to more downside as whales dump and exchange balances rise. Summary Shiba Inu price has formed a descending triangle pattern on the daily chart.  Whales have started selling their SHIB coins this week. The volume of Shiba Inu tokens in exchanges has continued rising. Shiba Inu (SHIB), the biggest Ethereum meme coin, was trading at $0.00001052, down 70% from its highest level in December of last year. This plunge has erased billions of dollars in value, with its market cap falling to…

Key Takeaways Are Dogecoin holders losing confidence after the memecoin crash? No. Short-term holders are buying the dip! Is Dogecoin currently undervalued? Yes, data points to DOGE being in an accumulation zone, not an overheated market. Dogecoin [DOGE] holders aren’t backing down just yet. Despite last week’s memecoin meltdown, short-term holders (STHs) bought the dip. Confidence in DOGE stayed intact, and a larger move could form if buying pressure continues to build. Memecoins take a beating It’s been a rough week for the memecoin market. Dogecoin, Shiba Inu [SHIB], and Pepe [PEPE] all slid more than 20%, wiping billions off…

Quick take: The three former Aptos colleagues joining Shaikh in the new venture include Neil Harounian, the first employee Shaikh hired at Aptos Labs, Alexandre Tang, and Jerome Ong. Shaikh, without disclosing how much, also said the four co-founders have invested their own funds in the fund. The venture firm aims to help founders “achieve their Maximum Frequency”, said Shaikh. Mo Shaikh, the co-founder and former CEO of Aptos Labs, has launched a $50 million venture fund to invest in crypto projects. Shaikh is joined by former colleagues at Aptos, including Neil Harounian, the former Aptos head of ecosystem; Alexandre…