Author: Yeek.io

Ethereum (ETH) has recently seen a remarkable resurgence, inching closer to its $4,878 all-time high (ATH) record after a prolonged period of consolidation. On Tuesday, ETH broke the $4,600 mark for the first time in years, outperforming other cryptocurrencies, including Bitcoin (BTC) and XRP.  Ethereum ETFs Attract $8.2 Billion YTD This price performance is largely attributed to a significant influx of capital into Ethereum spot exchange-traded funds (ETFs), which recorded a staggering $1 billion in inflows in just a single day—the largest daily inflow to date. Related Reading According to data from Messari, year-to-date inflows into Ethereum ETFs have reached…

In response to Western sanctions, Russia has increasingly turned to cryptocurrencies like Bitcoin, Ethereum, and Tether to settle oil transactions with major buyers such as China and India. Although crypto-based payments currently account for a small but growing share of Russia’s $192 billion oil trade, they mark a significant shift in global trade practices. The use of digital assets in state-level deals is new, but shows a growing trend of sanctioned countries trying to get around traditional banking systems. Crypto offers faster settlements and reduced dependence on the U.S. dollar, making it an appealing alternative. However, this raises a pressing question: Is…

Ethereum has surged more than 20% to firmly reclaim the $4,200 price level for the first time since 2021. This interesting move has come off the back of Ethereum’s steady inch higher, and $5,000 could now be the next major psychological barrier. However, while the bullish narrative is currently dominant, a technical analysis posted by crypto trader Orbion suggests that this rally may have an expiration date. The Road To Euphoria And A Full Exit Plan Ethereum’s price action over the past week has seen it outperform many cryptocurrencies, and confidence is steadily returning to the leading altcoin. However, Orbion…

Ethereum reached multi-year highs, breaking decisively above the $4,300 level after several days of strong bullish momentum. This breakout marks Ethereum’s highest level since late 2021, fueled by growing institutional demand, ETF inflows, and expanding on-chain activity. However, fresh market data from CryptoQuant suggests that caution may be warranted in the short term. Related Reading The all-exchange Estimated Leverage Ratio (ELR) has climbed to 0.68, approaching historical highs and signaling excessive market-wide leverage. While Binance’s ELR sits lower at 0.52, indicating more measured positioning on the world’s largest exchange, higher relative leverage on other platforms points to elevated speculative activity…

Ethereum (ETH) has extended its bullish run, surging past $4,300 and posting a staggering 45% gain over the past month. The world’s second-largest cryptocurrency now eyes the $5,000 milestone, triggered by unprecedented whale accumulation, institutional inflows, and a wave of regulatory clarity in the U.S. Related Reading In just the past four weeks, over $4.17 billion has flowed into Ethereum-focused investment products, with entities like Galaxy Digital, FalconX, and BitGo facilitating large-scale purchases. One “mysterious institution” reportedly acquired 221,166 ETH worth nearly $1 billion in a single week, signaling long-term confidence at elevated prices. Whale Buying and Institutional Inflows Strengthen…

Bitcoin and Ethereum prices began to rally over the weekend, and interestingly, ETH was able to beat the $4,000 level for the first time in eight months. Bitcoin also recovered from its crash below $113,000 the previous week, taking the rest of the crypto market with it. Naturally, the reversal to bullish sentiment has brought investors out of the woodwork, with predictions now circling for where both Bitcoin and Ethereum prices are headed. Bitcoin To $150,000 And Ethereum To $8,000 Ex-Wall Street trader Vivek Raman has shared a prediction that has reignited hope once again in crypto investors. This comes…

Ethereum bull Arthur Hayes, founder of BitMEX and a long-term crypto proponent, repurchased $10.5 million worth of Ethereum above $4,100 just days after taking profit on $8.3 million in Ether holdings. On-chain intelligence trackers are monitoring large-volume ETH transfers from whales and institutions, likely for profit-taking or initiating new positions as ETH hovered around $4,500 on Tuesday. Summary Ethereum rallied closer to its $4,500 target on Tuesday, as Bitcoin and other top cryptos gain.  Chainlink, Polkadot and Pump.fun are the top three cryptos most likely to extend gains alongside the largest altcoin.  Thomas Lee, popular as Tom Lee, founder and…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is dominating the cryptocurrency market with extraordinary price strength, surging over 200% since April and positioning itself as the top-performing major asset in the space. The rally has fueled growing optimism among analysts, with many projecting that all-time highs could soon be within reach for bullish investors. The combination of robust fundamentals, increasing institutional participation, and a favorable legal environment has created a perfect backdrop for Ethereum’s latest surge. One of the most striking developments supporting the rally is the historic drop in Ethereum’s supply on…

Australia has seen significant growth in the adoption of crypto debit cards, with platforms like Coinbase, Crypto.com, CoinJar, and Wirex leading the charge. These cards bridge the gap between traditional and digital finance by allowing users to spend digital currencies like Bitcoin and Ether. Essentially, they act like conventional debit cards but with the added flexibility of crypto integration, enabling users to use their digital assets for everyday purchases.However, this innovation raises important questions about its sustainability and crypto card regulations. While crypto debit cards provide a convenient and accessible way to spend cryptocurrencies, they also introduce challenges related to…

Ethereum’s price trajectory has taken on a decisively bullish tone with its movement in the past 24 hours. Now, technical patterns are pointing to the possibility of a rally that would not only push it past its current all-time high of $4,878, but also carry it to as high as $8,500.  A recent analysis by TradingView analyst melikatrader94 points to the formation of a Right-Angle Broadening Formation (RABF) on the daily candlestick chart, a rare but powerful continuation setup that has been in play since March 2024. The Mechanics Of Ethereum’s Current Bull Run Ethereum’s price action in the past…