Author: Yeek.io

GMX has concluded its ~$44 million compensation plan for GMX Liquidity Provider holders on Arbitrum impacted by the July V1 vulnerability. Summary GMX completed a ~$44M GLP holder compensation plan after July’s V1 exploit. Payouts were in GLV tokens with DAO treasury support and retention incentives. GMX V2 remained unaffected and continues to see strong trading activity. The update was shared on X by GMX (GMX) on Aug. 13, following the protocol’s final distribution round. The platform fully reimbursed affected wallets and offered incentives to retain distributed funds.  Distribution finalizes recovery from July exploit The exploit, detected on July 9,…

Key Takeaways Popcat surged 13.89% after successfully defending $0.30 support to reach a local high of $0.346. Buyers returned to the market after 7 days of sellers’ dominance. After dipping to $0.29, Popcat [POPCAT] successfully defended $0.3 support and surged 13.89% to $0.346, then retraced to $0.344 at press time.  Over the same period, the memecoin’s Trading Volume jumped 20% reaching $54 million, while market cap hiked 13% to $337 million.  Is this the start of something bigger or a mere technical bounce? Buyers bounce back in the spot market After seven days of sellers’ dominance, buyers returned to the…

Ethereum has posted significant gains over the past week, rising 29% and approaching its all-time high near $4,800 set in 2021. At the time of writing, ETH trades at $4,662, putting it within range of the $4,750–$4,800 resistance zone that has historically marked a key supply area for the market. This price move coincides with unprecedented network activity and notable on-chain flows that analysts say could influence the short-term price direction. Related Reading Ethereum Record Network Activity Meets Price Resistance Data from CryptoQuant contributor CryptoOnchain shows that daily Ethereum transactions have reached a record high of approximately 1.875 million. This…

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has made a significant comeback with a 29% surge over the past week, approaching all-time high (ATH) levels. Ethereum’s price performance has prompted Standard Chartered, one of the UK’s largest financial institutions, to significantly revise its price projections for the cryptocurrency. Ethereum Consolidates 4% Below All-Time Highs Currently, the Ethereum price is consolidating above the $4,600 level, which could serve as a crucial support point as if ETH breaks through its previous all-time high of $4,878 reached in 2021, it may enter a new phase of price discovery.  Presently, a mere 4%…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) is propelling the cryptocurrency market higher, trading at $4,625, just 4% shy of its all-time high of $4,891. The second-largest cryptocurrency has gained close to 30% in the past week, outperforming all other top altcoins. Driving this rally are record-breaking inflows into spot Ethereum ETFs, with $1.54 billion entering in just two days. BlackRock’s ETHA fund leads the charge, surpassing $10.5 billion in assets under management. Institutional accumulation is adding fuel to the fire. BitMine Immersion Technologies announced plans to raise up to $24.5 billion…

As Ethereum (ETH) trades within striking distance of its all-time high (ATH), on-chain data shows that the second-largest cryptocurrency by market cap is experiencing mounting buying pressure. The asset is currently priced in the $4,600 range, just 4% shy of its ATH. Ethereum Net Daily Outflows Hit 40,000 According to a CryptoQuant Quicktake post by contributor burakkesmeci, more than 1.2 million ETH have been withdrawn from crypto exchanges over the past month. The analyst suggested that Ethereum’s uptrend is likely to continue. Related Reading For context, ETH has surged 53.8% in the last month, underscoring strong buying pressure amid rising…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is on the verge of breaking its all-time high after surging to the $4,700 level, its strongest price since November 2021. Bulls remain firmly in control, with momentum building after weeks of steady gains that have reignited market optimism. The rally has positioned ETH just shy of the $4,860 peak, a breakout point that could usher in a long-awaited price discovery phase. Adding intrigue to the current bullish backdrop, Arkham Intelligence — a blockchain analytics platform known for deanonymizing the individuals and companies behind blockchain wallets…

Ethereum is closing in on a historic test, hovering just 6.4% below its all-time high of $4,891. Despite persistent sell-offs from retail traders, the asset’s upward momentum continues, signaling a potential breakthrough that could set the stage for new record levels. Retail Sentiment Misfires: Lessons From Past Greed And Corrections Santiment, a popular platform in on-chain and market analytics, recently highlighted in a post that Ethereum is now within striking distance of a historic milestone — just 6.4% away from its all-time high of $4,891 set on November 16, 2021.  Related Reading This approach toward record territory has been accompanied…

Shiba Inu is currently holding its higher time support and looking bullish. Investors are eager to see when this token will pump, and how far the pump can sustain itself and continue to move higher in the coming weeks. Let’s find that out in detail in this Shiba Inu price prediction. Summary SHIB is displaying a bullish mood and retaining higher-timeframe support; short-term projections indicate a climb to approximately $0.00001435 by mid-September 2025. The price range for 2025 is predicted to be between $0.0000120 and $0.00003614, yet the fact that Bitcoin is currently trading at $120k raises concerns about a…

Thumzup made its biggest crypto bet yet. Fresh off a $50 million public offering, the firm is aggressively accumulating Ethereum, Dogecoin, Solana, and other cryptocurrencies while building out mining infrastructure, signaling a rare hybrid strategy for a Nasdaq-listed company. Summary Thumzup Media raises $50 million in public offering to fund cryptocurrency accumulation and mining expansion. Company to target ETH, DOGE, SOL as core holdings while building a scalable, energy-efficient mining operation. Partnership with Coinbase supports treasury strategy, including a Bitcoin-backed credit facility for liquidity and hedging. According to a recent filing with the U.S. Securities and Exchange Commission, Thumzup Media…