Author: Yeek.io
A math-based scenario is getting attention in markets this week. According to experts, Ether’s market value has historically moved to about 30–35% of Bitcoin’s market cap during major bull runs. Related Reading If Bitcoin climbs to $150,000 from its current price of $119,250, that ratio would put Ether near $8,656 at the top end of the model. At the time of writing, Ether was up 8% in a 24-hour price move, hitting $4,630 for new weekly high. Bitcoin was up a percent, and slowly closing in the key $120,000 region, data from Coingecko shows, According to an analysis by trader…
Chainlink’s price rallied over 50% in the past week amid ongoing whale accumulation and growing adoption of its ecosystem by more institutions. Summary LINK is up over 50% this week and has hit a 7-month high of $24.28 today. Chainlink has recently partnered with Intercontinental Exchange to provide onchain pricing data for FX and precious metals. According to data from crypto.news, Chainlink (LINK) surged to a 7-month high of $24.28 on Wednesday, Aug. 13, morning Asian time. The recent surge brought its weekly gains to over 50% and 123% from its lowest point this year, while bringing its market cap…
Key Takeaways FLOKI gained after its Robinhood listing, ranking eighth among memecoins. Despite bullish sentiment, bearish chart patterns, $1.16 million exchange inflows, and $68K in liquidations suggest potential volatility ahead. The popular memecoin Floki [FLOKI] logged a 6% gain on the 13th of August, at press time. FLOKI ranked as the eighth-largest memecoin with a market capitalization of $1.12 billion, trailing Official Trump [TRUMP] and SPX6900 [SPX]. The recent boost came as FLOKI debuted on the U.S.-based trading platform Robinhood. In an X post, the team called it a “huge step forward,” noting it opens access to 25+ million users…
The Ethereum foundation has been on a selling spree, cashing out part of its ETH holdings as the token rallies to its strongest levels in years. Summary The Ethereum Foundation sold 2,795 ETH in two transactions worth nearly $13 million. ETH currently trades above $4,600, its highest level since November 2021. The Foundation previously noted that proceeds from its sales are used to support ecosystem development and operations. On-chain data has shown several wallet movements by the Ethereum foundation over the last 24 hours, commencing with a 1,695 ETH (ETH) sale spotlighted by Lookonchain on August 13. Exchanged for a…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. In an August 10 video titled “My End Of 2025 ETH Price Prediction (Using AI) — You’re Not Bullish Enough!”, crypto analyst Miles Deutscher said Ethereum’s latest breakout above the “very key level in the $4,000 zone” has shifted the market into what he views as…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows the Ethereum derivatives market Open Interest has hit a new all-time high (ATH) following a surge in trader positioning. Ethereum Open Interest Has Crossed $30 Billion As explained by CryptoQuant community analyst Maartunn in a new post on X, the Ethereum Open Interest has seen a rise recently. The “Open Interest” here refers to an indicator that keeps track of the total amount of derivatives positions related to ETH that are currently open on all centralized exchanges. It includes both long and short bets. When…
Coinbase has brought back its Stablecoin Bootstrap Fund, injecting capital into the decentralized finance ecosystem to enhance liquidity for both USDC and EURC. Summary Coinbase has relaunched its Stablecoin Bootstrap Fund to boost USDC and EURC liquidity. Initial placements target Aave, Morpho, Kamino, and Jupiter to stabilize lending and trading. The move is positioned as a long-term strategy to support DeFi growth across chains. Announced on Aug. 12, the initiative represents the fund’s first significant activity in more than four years and indicates a renewed emphasis on the adoption of stablecoins in on-chain markets. Seeding liquidity across key DeFi platforms…
Key Takeaways Safety Shot has added $25 million worth of BONK to its treasury, a rare corporate move into memecoins. While public companies often hold Bitcoin or Ethereum, this pushes into riskier territory. A public company putting memecoins in its treasury isn’t something you see every day. But Safety Shot just did exactly that, taking in $25 million worth of Bonk [BONK]! In the process, they’re also testing whether a token born from internet culture can hold its own as a serious corporate asset. Public company’s memecoin treasury bet Safety Shot has struck a deal with the founding contributors of…
Samson Mow, a well-known Bitcoin entrepreneur and founder/CEO of JAN3, warned that recent gains in Ether could be short lived as some investors move profits back into Bitcoin. According to his post, many ETH buyers already hold Bitcoin — often from ICOs or insider positions — and are rotating that BTC into ETH to drive prices up. Related Reading He argued that once Ether reaches a high enough level, those same holders may sell, leaving a fresh set of buyers holding the bag. “No one wants ETH in the long run,” he wrote, and he called the selling pressure near…
AI is transforming various industries, from medicine to finance, but training these powerful models is becoming a privilege only the biggest players can afford. Traditional cloud providers like AWS, Google Cloud, and Microsoft Azure dominate the space, offering the infrastructure needed to run advanced AI computations, but at high financial and centralization costs.DeepBrain Chain was launched to create a more accessible and decentralized alternative, using blockchain to connect global GPU resources and cut down the costs of training AI models. By tapping into distributed computing power, the platform empowers developers and startups to build and train AI without relying on…