Author: Yeek.io

Key Takeaways What triggered FLOKI’s 28% rally this week?  The launch of a new ETP managed by Valour sparked institutional interest and retail bullish momentum. What do the derivatives market data suggest about FLOKI’s current sentiment? A surge in open interest and a taker buy ratio of 1.05 indicate strong bullish positioning among traders. Floki [FLOKI], one of the leading memecoins, recorded one of its most notable moves this trading week, posting gains of up to 28%, at press time. Growing institutional interest drove the rally, as investors gained access to trade FLOKI through newly listed ETPs. This development has…

Key Takeaways Why are memecoins struggling despite their hype? Oversaturation and weak rotational flows are keeping most memecoins capped. What does this mean for the market going forward? The market is entering a stagnant phase. Only the most strategically positioned tokens will see outsized returns. Memecoins are a controversial but significant part of crypto.  Most have no utility and are structurally risky, making them more like gambling than investing. Despite this, memecoins remain a durable part of crypto’s attention economy. But do the numbers back that up?  Back in 2021, the TOTAL crypto market cap hit $3 trillion, and memecoins…

Bitget backs UNICEF’s global Game Jam hackathon and will develop UNICEF’s first blockchain training module in a bid to equip youth with digital skills. Summary The hackathon is open to participants under 21 from 8 countries. As part of UNICEF partnership, Bitget Academy is also developing UNICEF’s first interactive blockchain training module for video game production. Bitget, the world’s leading Universal Exchange (UEX), has announced its formal support for UNICEF’s first-ever global Game Jam, a virtual hackathon designed to empower youth across eight countries to create original video games over a 40-day period. The hackathon is open to participants under…

Key Takeaways Why did Dogecoin rebound? DOGE bounced at $0.22 support, reclaiming 20-day and 50-day EMAs while holding the 100-day EMA trendline. What DOGE signals point to $0.30? Futures Open Interest jumped to $4.23 billion, and liquidity pockets above $0.25 suggest strong bullish positioning and trader appetite for higher levels. Dogecoin [DOGE] bounced from a key technical level this week, reinforcing bullish sentiment. The memecoin slipped to $0.22 before recovering sharply, retesting its rising trendline support. Bulls defended the $0.22 zone, sparking a 9% daily gain that preserved the broader uptrend. The zone aligned with the 100-day Exponential Moving Average…

Pepe Coin price remains in a deep bear market, and on-chain data and its weak technicals point to a crash in the coming weeks or months. Summary Pepe Coin price may not participate in the ongoing Uptober rally. The token has formed a descending triangle pattern on the daily chart. Whale and smart money investors have continued dumping the token. Pepe Coin (PEPE) token was trading at $0.000010 on Thursday, Oct. 2, down by 40% from the highest point in May this year. Its market capitalization has dropped to over $4.2 billion, down from the all-time high of over $10…

Table of Contents Chainlink Selected as Winner of the Swift Hackathon 2025 Business Challenge, Unlocking Fast, Compliance-Focused, Privacy-Preserving Digital Asset Settlement Across Borders and Blockchains Swift Hackathon 2025 Business Challenge: Unlocking Speed, Cost, and Transparency In Digital Payments Chainlink’s Winning Solution: Compliance-Focused Digital Asset Settlement Leveraging GLEIF’s vLEI-Based Identity and Onchain Policy Enforcement 7+ Years of Award-Winning Innovation

Quick take: Lava CEO Shehzan Maredia said the extension round was targeting strategic individuals. The fundraising follows a $10 million Series A round announced in December 2024, co-led by Peter Thiel’s Founders Fund and Khosla Ventures. Lava’s platform allows investors to earn yield on their USD by funding Bitcoin-backed loans. Bitcoin lending protocol, Lava, has raised $17.5 million in an extended Series A round backed by multiple angel investors. The fundraising attracted participation from Peter Jurdjevic of Qatar Investment Authority, Bijan Tehrani of Stake, Zach White of 8VC, and Saurabh Gupta of DST Global, among others. Lava CEO Shehzan Maredia…

After the Binance team regained control of the BNB Chain X account, the “4” meme coin used by the hacker to gain profit from victims saw its price skyrocket by 500% shortly after his rugpull. Summary BNB Chain’s official X account hacker stole around $8,000 from victims before using the funds to pump and rug-pull a meme coin called “4.” The BNB community reportedly mocked the hacker by collectively buying into the “4” token, causing it to surge over 500%. In his latest post, former Binance CEO Changpeng “CZ” Zhao claimed that the community was seemingly mocking the BNB Chain…

Polychain CEO Olaf Carlson-Wee say retail and institutional investors have different ways of approaching meme coins, with virality being a core value that drives the market. Summary Polychain CEO Olaf Carlson-Wee said institutions see meme coins as speculative “gambling tools,” while retail investors value them for their social and viral characteristics. He proposed tokenizing social media posts to replace ad-driven models with market-based monetization, allowing users and communities to profit directly from viral content. At the Token2049 conference in Singapore on Oct. 1, Polychain CEO Olaf Carlson-Wee delivered a keynote speech with the main theme “Meme Coins are Information Markets.”…

Quick take: Open Issuance allows firms to create custom stablecoins with minimal coding. The platform has also added AI commerce tools, integrating digital dollar and AI into online transactions. Issuers will be able to balance reserves between treasuries and cash, with asset management provided by BlackRock, Superstate, and Lead Bank. Stripe has launched a stablecoin issuance platform powered by its $1.1 billion stablecoin startup Bridge, acquired in October 2024. Open Issuance also features AI commerce tools for online transactions. According to the announcement, the new platform launches with crypto wallet provider Phantom’s CASH token, the first to be issued, and…