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Canary Capital has filed an application with the United States Securities and Exchange Commission (SEC) to launch a spot exchange-traded fund tracking the popular meme coin, PEPE. Summary Canary Capital has filed with the U.S. SEC to launch a spot ETF tied to the PEPE memecoin, with holdings primarily in PEPE and a small Ether allocation for transaction fees. The filing comes as PEPE remains sharply below its 2024 peak, while ownership data shows a high concentration with the top 10 wallets controlling about 41% of supply. A Form S-1 filed with the SEC on behalf of the CANARY PEPE…

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The memecoin sector rebounded by more than 4% as volume jumped by 51% in line with the broader crypto market. Top-cap memecoins spearheaded the rally, with dogwifhat [WIF] surging by 12%, making it one of the top ten gainers in the past 24 hours. Other memecoins that recorded similar or more gains were Pepe [PEPE], Fartcoin [FARTCOIN], and SPX6900 [SPX]. This indicated a broader recovery, but what really drove WIF’s price? Is leverage behind WIF’s daily surge? The daily percentage surge was equal to the weekly gains. The numbers were improving as the narrative to classify memecoins as “digital collectibles”…

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FARTCOIN surged 17% in 24 hours as trading volume jumped 73.98%, signaling strong participation near resistance. The move showed buyers returning after a prolonged consolidation phase. Price approached range highs but lacked confirmation. However, the rally remained within a defined range, leaving structure dependent on a clean break above resistance. Are traders fully committed yet? Binance top trader data showed a mild long bias. Long positions stood at 52.71% against 47.29% shorts. The Long/Short Ratio reached 1.11, reflecting cautious optimism rather than strong conviction. This positioning suggested traders joined the move but avoided heavy exposure. Even so, the market avoided…

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PEPE rallied as broader crypto sentiment improved following eased geopolitical tensions. The memecoin broke out of a three-week consolidation range. PEPE defended the $0.0000033 support, climbed to $0.0000037, then slightly retraced. At press time, Pepe [PEPE] traded at $0.00000369, up 10.3% in 24 hours. Trading volume surged 72% to $518 million, reflecting stronger participation. Over $1.3 million in short positions were liquidated during the move. This forced traders to cover positions, driving speculative demand. Source: CoinGlass Are traders jumping into PEPE now? That move aligned with rising derivatives activity across PEPE markets. Data from CoinGlass at press time showed Derivatives…

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Cardano has highlighted its technology, but has lacked a strong institutional infrastructure. The new fund plans to change this by adding venture-capital discipline, connecting with a global investor network, and bringing in a Silicon Valley accelerator. The Cardano Foundation and Draper Dragon have launched the Draper Dragon Ecosystem Fund, also known as the Orion Fund, with a target of $80 million. Draper Dragon will manage the fund, and the Cardano Foundation will oversee it, but will not make investment decisions. Meanwhile, Draper University will support the fund by offering founder programs from its Silicon Valley campus. The fund will invest…

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The global crypto market is showing modest signs of improvement after facing a volatile phase amidst increasing U.S-Iran tensions. Now, as the weekend is about to end, Santiment presented a list of coins trending, which includes top coins and a few altcoins in the space.  Source: Santiment Ethereum and Bitcoin steal the spotlight Starting with the largest altcoin, Ethereum [ETH], which was outperforming others. This surge in traction comes as there were various Ethereum accounts that were examined for “quantum‑computing risks to ECDSA signatures”. Additionally, with the Ethereum Foundation staking thousands in ETH, the community was paying heed to Vitalik…

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Retail activity is often the clearest gauge of the market’s current mood.  When we see high retail participation, it points to a risk-on environment, where traders are taking positions, dip buying picks up, and overall conviction remains strong, often signaling a local bottom in a crypto asset.  Conversely, when retail activity drops, it tends to reflect a risk-off market, where participants are cautious and less willing to chase opportunities. Looking at on-chain data reinforces this point: Bitcoin’s [BTC] “shrimp” inflows (addresses holding less than 1 BTC) have fallen to record lows, highlighting just how subdued retail engagement has become. Source:…

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Dogecoin [DOGE] appears to be attracting the attention of crypto whales despite its price moving sideways over the past week.  At press time, DOGE was up 0.95% over the past 24 hours and was trading at $0.091. However, its trading volume during the same period has declined notably by 23% to $543 million, indicating a lack of market participation. Whales add 500 DOGE amid market dip  Recently, a crypto expert shared a post on X noting that whales are buying DOGE. The post highlighted that since the 31st of March 2026, Dogecoin whales have quietly accumulated over 500 million DOGE.…

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After five straight days of decline, Siren [SIREN] finally found support and reversed higher. The memecoin hit a local low of $0.13, defended the $0.20 level, climbed to $0.27, and then retraced. At the time of writing, SIREN traded at $0.21, up 18.9% on the daily charts. Over the same period, its trading volume rose 66% to $56 million, reflecting strong market participation.   SIREN buyers defend key levels After SIREN dropped below $0.2 and strengthened ground below this critical support level, buyers rushed to accumulate during the dip.  At press time, SIREN recorded 623 million in Buy Volume compared to…

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The memecoin sector has, surprisingly, been one of the better-performing sectors over the past week. According to Glassnode data, the collective memecoin market cap has neither grown nor reduced over the past month. By comparison, Bitcoin [BTC] was down 4.2%, and the crypto AI sector was down 7.2%. That is not to say that popular memecoins like Pepe [PEPE] are rallying. Only Memecore [M] had a positive return among the larger-cap memecoins. PEPE and Dogecoin [DOGE] were down 3.2% and 1.7%, respectively. Should investors look at PEPE as an option? Source: PEPE/USDT on TradingView The “buy the dip” argument is…

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