Author: Yeek.io

Standard Chartered’s Ethereum price analysis reveals a hidden buying spree: institutions have absorbed nearly 4% of supply since June, setting the stage for a year-end surge that could propel the asset to $7,500. Summary Standard Chartered raises Ethereum year-end price target to $7,500, up from $4,000. Corporate treasuries and spot ETFs have absorbed nearly 4% of ETH’s circulating supply since June. Meanwhile, Ethereum derivatives show record open interest on Kraken without excessive leverage. On August 13, Ethereum (ETH) traded within striking distance of a fresh all-time high while Standard Chartered analysts made an upward revision to their Ethereum forecast. The…

ALT5 Sigma Corporation has closed a $1.5 billion funding round led by World Liberty Financial to launch a corporate treasury strategy centered on WLFI tokens.  Summary ALT5 Sigma closed a $1.5B raise led by WLFI, priced at $7.50 per share. Company to hold 7.5% of WLFI’s token supply, managed by Kraken. Leadership changes include WLFI’s CEO Zach Witkoff becoming ALT5 chairman. The transaction, announced on Aug. 12, combined a registered direct offering and a concurrent private placement, both priced at $7.50 per share. It involved participation from major institutional investors and crypto venture capital firms. As part of the deal,…

OKB price surged 150% in the past 24 hours to $115, fueled by a historic $7.86 billion token burn, slashing supply by over 50%. Summary OKB price jumped 150% as a one-time burn cut supply by 52%, fixing circulation at 21M tokens. Uptrend also fueled by X Layer “PP Upgrade,” boosting throughput to 5,000 TPS and slashing gas fees. OKB (OKB), the native token of the OKX exchange, is up 150% in the past 24 hours to $115, with volume surging by a staggering 19007% at press time. Source: TradingView The OKB price rally comes after a one-time burn transaction…

Dogecoin price could be about to explode higher after forming an inverse head-and-shoulders pattern and as the crypto market bull run continues.  Summary Dogecoin price has formed an inverse head-and-shoulders pattern. It has moved into the third phase of Elliot Wave pattern. DOGE ETF and corporate treasuries will boost its price. Dogecoin (DOGE) token was trading at $0.2400, down by 3.47% from its highest level this week. It remains about 27% above the lowest level this month.  Dogecoin price technical analysis The four-hour chart shows that DOGE price bottomed at $0.1890 on August 4 and then rebounded to a high…

The world of cryptocurrency and decentralized finance (DeFi) stands at a pivotal crossroads where politics, finance, and technology converge with profound implications. Far from being a purely technological innovation, this evolving ecosystem is deeply entangled with geopolitical strategies, regulatory ambitions, and institutional interests that challenge the foundational ideals of decentralization and financial freedom. As governments roll out Central Bank Digital Currencies (CBDCs) and regulators tighten oversight, traditional financial institutions and DeFi protocols engage in a complex contest for capital and influence. Meanwhile, technological advances promise greater financial inclusion but also raise concerns about privacy and surveillance. This article examines the complex…

Ethereum has surged to multi-year highs around $4,700, marking its strongest level since November 2021 and putting it within striking distance of its all-time high near $4,860. The rally has placed ETH on the verge of a price discovery phase, something the market hasn’t experienced in years. If bulls manage to push decisively beyond this key resistance, Ethereum could enter uncharted territory, with momentum potentially accelerating as traders and institutions pile in. Related Reading Fueling this bullish scenario is data from CryptoQuant showing Ethereum’s 30-day Simple Moving Average (SMA30) for exchange netflows at -40,000 ETH. This sustained negative reading means…

Institutional interest in Solana is rising, with more public companies making multi-million dollar bets on its long-term potential. Among them, Nasdaq-listed firm Upexi has taken the lead, and is now moving to strengthen its strategy with a new committee. Summary Upexi, a Nasdaq-listed consumer products company, has launched an advisory committee to guide its Solana treasury strategy. Upexi currently holds over 2 million SOL, valued at more than $400 million, making it the largest corporate holder of the token. SOL price has surged over 15% in 24 hours to $201, with weekly gains at 23% and market cap reaching $108.5…

Imagine you spend years collecting rare NFTs, stacking crypto, and building a digital identity you’re proud of, but what happens to all of it when you’re gone? Does it just vanish into the internet forever? Well, the answer is actually Yes, all of it…poof…gone! This raises the strange but important question of crypto inheritance and digital legacy.Digital Immortality.As we live more of our lives online; buying art, investing, gaming, and socializing, our digital belongings are becoming just as valuable as our physical ones and in the world of blockchain, NFTs, and crypto wallets, planning for the future isn’t just about…

DeFi is teeming with innovation, offering users permissionless access to lending, trading, and yield opportunities, but its reliance on highly volatile crypto assets continues to raise concerns around long-term stability.One project aiming to solve this is Ethena, the team behind USDe, a synthetic dollar designed to bring scalable, censorship-resistant stability to DeFi without relying on traditional banking infrastructure.But with so many stablecoin solutions already in the market and regulatory scrutiny mounting, the question remains: Can USDe truly deliver lasting stability in a volatile crypto space, or is it another experimental peg destined to break?What Is Ethena’s USDe and How Does…

Ethereum has surged to $4,670, its highest level in nearly 11 months, indicating that the second phase of the altcoin cycle is underway.  Summary Ethereum just broke $4.6K, driven by liquidations, treasury buying, and ETF inflows. Altcoins are heating up, supported by global liquidity growth and falling Bitcoin dominance. The macro backdrop is favorable, but market participants should watch for resistance and volatility. This is according to a CoinGecko blog post published Aug. 12, which notes Ethereum’s (ETH) market dominance has risen to 20.8%, up from 17.5% in May. CoinGecko notes that rotation of capital from Bitcoin (BTC) into altcoins,…