Author: Yeek.io

IP, the native token of the Story Protocol, surged more than 100% in July, driven by rapid ecosystem growth, expanding real-world utility, and renewed investor interest in tokenized intellectual property infrastructure. Summary IP is up over 100% from its July low. A number of ecosystem developments have helped sustain Story Protocol’s growth. Story Protocol has processed more than 1.7 million on-chain IP-related transactions. According to data from crypto.news, Story (IP) was trading at $5.95 as of Friday, August 1, with its market capitalization standing at approximately $1.75 billion. The token is now up over 105% from its July low and…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum Foundation (EF) recently marked the tenth anniversary of the Ethereum blockchain with the launch of an ambitious new roadmap aimed at fortifying and expanding its ecosystem for the next decade.  Ethereum Foundation’s New Roadmap In a blog post released on Thursday, the EF underscored Ethereum’s unique position in the blockchain landscape, boasting 100% uptime since its inception, a vast diversity of clients, and an economic security figure of $130 billion, derived from 35.7 million ETH staked at approximately $3,700 each.  The Foundation asserted in its…

At least seven asset managers have filed amended registration statements for their proposed spot Solana ETFs with the U.S. Securities and Exchange Commission as potential approval draws closer. As of August 1, firms including Bitwise, Canary Capital, Fidelity, CoinShares, Grayscale, Franklin Templeton, and VanEck have submitted updates to their S-1 registration statements. What is an amended S-1 registration? For those unaware, an S-1 is a document filed with the SEC that companies use to register new securities for public offering. In the case of spot Solana ETFs, these filings serve as the formal proposal to launch a new fund that…

PLUME crypto could be headed toward a 40% rally as smart money accumulation intensifies, as its dominance in the RWA sector is on the rise. Summary Smart money wallets increased PLUME holdings by 56% in the past 30 days. A falling wedge pattern has formed on PLUME’s daily chart, with price nearing a breakout at the 50-day moving average. According to on-chain data from Nansen, wallets tagged as “smart money”, including high-performing funds, early adopters, and active on-chain participants, have sharply increased their exposure to PLUME.  These wallets now collectively hold 2.8 million PLUME tokens, marking a 56% increase over…

On-chain data shows the Ethereum Exchange Reserve has plunged by more than 1 million ETH over the past month. What does this mean for the asset? Ethereum Exchange Reserve Has Seen A Sharp Decline In a new post on X, analyst Ali Martinez has talked about the latest trend in the Exchange Reserve of Ethereum. The “Exchange Reserve” here refers to an on-chain indicator that keeps track of the total amount of ETH that’s sitting in the wallets associated with centralized exchanges. When the value of this metric goes down, it means the investors are withdrawing a net number of…

Bitcoin staking platform Solv Protocol has announced BTC+, a new structured yield vault designed to generate BTC-denominated returns. Summary BTC+ aims to unlock yield for institutional and long-term holders. The vault offers 4.5%–5.5% base yields, with early users eligible for up to 99.99% APR during a limited campaign. Solv Protocol holds over 17,480 BTC in total value locked in the protocol. According to an August 1 X post, the vault helps generate interest from idle Bitcoin by deploying capital across DeFi, CeFi, and tokenized real-world asset strategies. What is BTC+? BTC+ is a Bitcoin yield vault that aggregates capital and…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ether Machine, an institutional-grade Ethereum (ETH) yield and infrastructure company, recently announced the addition of 15,000 ETH to its balance sheet. The purchase coincided with Ethereum’s 10-year anniversary. The Ether Machine Continues To Stack ETH In a recent announcement, The Ether Machine confirmed it had purchased nearly 15,000 ETH for $56.9 million, at an average price of $3,809 per ETH. The acquisition coincides with a major milestone for the Ethereum network. For the uninitiated, The Ether Machine was established earlier this year through a business combination…

Despite what is akin to a bull market with the Bitcoin price hitting multiple new all-time highs, the Ethereum price continues to hit major resistances in its campaign for new highs. The most recent is the resistance push at the $3,800, which perfectly aligns with the 4-year resistance line that has kept the leading altcoin by market cap from hitting new all-time highs. However, as Ethereum once again gears up for a retest, this time could be the chart that signals the breakout. Ethereum On The Verge Of Breakout Crypto analyst MMCrypto highlighted a possible breakout on the Ethereum price…

With the Ethereum price experiencing a decline on Monday amid a broader market correction, the altcoin continues to shine with one of its best performances in July to date.  Over the past thirty days, the Ethereum price has surged by an impressive 80%, marking a significant recovery after a long period of consolidation and retest of lower levels that saw minimal bullish activity. Ethereum Price Poised For Breakout  While other major digital assets like Bitcoin (BTC) and XRP have reported gains of 10% and 40%, respectively on the monthly time frame, the recent Ethereum price resurgence is particularly notable.  Crypto…

The Ethereum price may be setting the stage for a historic breakout, as a new technical analysis suggests that ETH is closely mirroring the Bitcoin (BTC) price action from 2020 to 2021. With Ethereum currently consolidating beneath a long-term downtrend line and approaching critical resistance, a crypto analyst eyes a potential move to $20,000 if the historic pattern continues to play out.  Ethereum Price Mirrors Bitcoin’s Historic 2021 Pattern According to a new analysis by crypto market expert Ted Pillows, Ethereum’s current price structure is beginning to reflect a striking resemblance to Bitcoin’s breakout phase in late 2020. The analyst’s…