Author: Yeek.io

Ethereum price is struggling to hold momentum below $4,300 as overheated futures markets and rising exchange reserves create short-term selling pressure. Summary Ethereum trades near $4,290, holding below $4,300 after a 16% monthly gain. Rising exchange reserves and sell-heavy futures flows point to short-term pressure. Technicals are mixed, but ETF inflows and treasury demand support the medium-term outlook. As of this writing, Ethereum’s price (ETH) is up 2.2% over the previous day, trading at $4,290. The token has hovered between $4,080 and $4,776 over the last seven days, losing 9% during that time but maintaining a 16% monthly gain. Only…

XRP’s price has slumped over the past month amid a decline in network activity and weakening demand from investors. Will the token continue to see more corrections ahead? Summary XRP price has fallen 16.8% in the past month. The amount of XRP held across smart money wallets has dropped nearly 80%. XRP is trading below key moving averages and risks further correction. According to data from crypto.news, XRP (XRP) was trading at $2.93, up 19% over the last 3 months and 63% higher than its year-to-date low. The third-largest cryptocurrency by market cap stood at $173.8 billion, with a daily…

With Bitcoin price is still in the red and price trading sideways all week, investor sentiment has weakened and demand is slowing. Summary Bitcoin’s price has been hovering around $113,000 for the past week as the market struggles to find momentum. The cryptocurrency has lost approximately 8% over the week and is now 8.4% below its all-time high of $124,128. CryptoQuant analysis shows Bitcoin’s struggles are driven by reduced demand and increased profit-taking. Bitcoin (BTC) price is trading at $113,770 as of press time, continuing its week-long hover around this price level as it struggles to make any decisive move.…

A consortium of crypto industry heavyweights, law enforcement agencies, security researchers, and fintech firms has come together to form the Beacon Network — a real-time crypto crime response system that can help freeze illicit funds before they can be laundered or withdrawn. Summary TRM Labs launched Beacon Network with support from crypto industry heavyweights. The system is designed to flag and freeze stolen crypto funds before they hit fiat off-ramps. Led by blockchain security firm TRM Labs, Beacon Network was announced on Aug. 20 to function as the first end-to-end “kill chain” for digital asset crime, designed to detect, flag,…

Rapper Kanye West, now officially known as Ye, has entered the cryptocurrency market with the launch of YZY, a token built on the Solana blockchain. Summary Kanye West launched YZY, a new token on Solana, with an ecosystem including Ye Pay and YZY Card. The token briefly reached a $3.2B market cap before retracing. Analysts flagged insider activity despite anti-sniping measures. The rapper and entrepreneur revealed the project on Aug. 21 in a post on X, where he described the project as the foundation of a “new economy, built on chain.” Kanye West’s memecoin debut was met with immediate market…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s price action has taken a quick downturn after reaching a multi-year high of $4,776 and smashing against its “Active Realized Price” level on August 14. The second-largest cryptocurrency has suffered a sell-off in the past six days, with its price falling to as low as $4,074 in the last 24 hours. The decline is occurring alongside institutional investors beginning to pull money from Spot Ethereum ETFs at a record pace, a trend that casts doubt on the sustainability of Ethereum’s price surge above $4,800 and into…

Ethereum (ETH) is struggling to hold above $4,200 after a sharp sell-off triggered widespread liquidations across the crypto market. It has dropped nearly 9% over the past week, with traders bracing for a potential retest of the $4,100 level. Related Reading Data from CoinGlass shows that more than $178 million in positions were liquidated in the past 24 hours, with ETH long traders suffering the biggest blow, over $127 million wiped out. A notable case saw one Hyperliquid trader lose nearly $6.2 million after re-entering ETH longs too aggressively, turning months of gains into heavy losses within just two days.…

Ethereum is currently under pressure inside a falling channel, consolidating after its recent rally. With $4,150 acting as key support, ETH seems to be preparing for a bounce back toward the $4,788 resistance and all-time high zone. ETH Holds Steady Near $4,190 As $4,150 Support Faces Test Ash Crypto, in his recent Ethereum 4H chart analysis shared on X, pointed out that ETH is currently trading around $4,190, holding just above the key $4,150 support zone. This level has been acting as an important cushion for price action. He further noted that Ethereum’s price movement is unfolding within a falling…

XRP has retraced into the $2.80 support zone, a level reinforced by the 50-day moving average and value area high. Strong bullish volume suggests the current retest could pave the way for another push toward record highs. Summary $2.80 support aligns with 50-day MA and value area high. Current bounce indicates a bullish retest of structural support. Above-average bullish volume confirms demand, supporting potential breakout to new highs. The significance of $2.80 cannot be understated for Ripple (XRP). Not only is it a high-time frame support, but it also represents a zone of heavy traded volume. This overlap of structural…

Dogecoin price continued to tumble in line with the broader crypto market. Summary Dogecoin price may not surge to $1 as some market participants predict. It has formed the highly bearish rising wedge chart pattern on the daily chart. It has been forming a big head-and-shoulders pattern since 2023 Dogecoin (DOGE), the biggest meme coin, plunged to $0.2180, down by 25% from its highest point in July. Its market capitalization has dropped to over $32 billion. Dogecoin price technical analysis The daily timeframe chart shows that the much-anticipated surge to $1 may not happen soon, as DOGE has formed bearish…