Author: Yeek.io
Key Takeaways PUMP’s selling pressure was too high to prevent the steep price decline over the past week, but the token has found some support in the short term. Pump.fun [PUMP] fell 8% at the start of Saturday, the 26th of July, but recovered those losses later in the day. The memecoin launchpad token has been in a persistent downtrend within days of its launch on the 16th of July. A heavy sell-off by top holders saw PUMP fall below the Initial Coin Offering (ICO) price on the 22nd of July. Pump.fun had deployed millions of dollars after the ICO…
Key Takeaways Whales added over 935K SPX after prices dipped, triggering a strong bounce. But profit-takers and rising Exchange Balances may limit upside, especially as RSI nears overbought and netflows hint at selling intent. SPX6900 [SPX] surged 15.64% over the last 24 hours, bouncing off the $1.65 support and hitting a local high of $2.0278. Over the same period, the memecoin’s market cap soared 14.77% to $1.86 billion while trading volume jumped 8% to $108 million, reflecting increased capital inflow. But what’s behind the price uptick? Whales dive back in Interestingly, when SPX6900 dipped to $1.6, whales rushed into the…
Key Takeaways PENGU rallied 16% and neared $0.0436 resistance, but rising Exchange Inflows, a bearish Long/Short Ratio, and increased short exposure raise correction risks as traders anticipate a potential rejection from this level. Amid the ongoing market recovery, Pudgy Penguins [PENGU], a Solana [SOL]-based memecoin, posted a 16% rally that pushed it to $0.0426, at press time, just shy of a key resistance level. But on-chain data now signals possible turbulence ahead. PENGU hits resistance again The current uptrend has brought PENGU close to $0.0436, a level where the token previously faced an 18% rejection. If the rally stalls again,…
Key Takeaways The rise of memecoins in the wake of celebrity deaths reflects a growing trend of monetizing grief rather than honoring a legacy. While some tokens claim to be tributes, most are launched without consent from families or estates. In an internet driven by speculation, sincerity feels increasingly rare. Strange things happen when a rock legend dies in 2025. Not tributes, not tears… or maybe not just those. But token launches. Ozzy Osbourne, legendary frontman of Black Sabbath, passed away earlier this week. Within hours, a wave of grief-themed memecoins flooded the crypto charts, each chasing momentum with tribute…
The current Ethereum price range is just below a critical resistance level as spot ETFs attract billions in inflows, signaling growing institutional confidence. With strong technical patterns forming—most notably an inverse head-and-shoulders on the weekly chart—and Ethereum’s dominance across NFTs, DeFi, and tokenized assets, a breakout past $4,100 could pave the way for a surge toward $5,000. Summary Ethereum price was stuck in a tight range on Saturday. Data shows that spot Ethereum ETF inflows are soaring. ETH has formed an inverse head-and-shoulders on the weekly chart. Ethereum (ETH) was trading at $3,745 on Saturday, July 26, a few points…
Key Takeaways Shiba Inu’s on-chain metrics point to quiet accumulation, with long-term holders unmoved and exchange reserves dropping slightly. Although momentum indicators are cooling, SHIB continues to hold key support levels, hinting at a potential rebound if buying pressure returns. Shiba Inu [SHIB] is entering an unusually quiet phase. On-chain activity is muted, exchange reserves are slowly dropping, and long-term holders appear unfazed by the recent price volatility. With older tokens dormant and fewer coins sitting on exchanges, could this cause a price rebound? Dormant tokens signal conviction According to Santiment, SHIB’s Age Consumed metric has plunged by 99.7% since…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has managed to diverge from the broader crypto market trend, posting gains while the overall market experienced a drop in capitalization. Over the past 24 hours, the global crypto market fell by 5.3%, yet Ethereum registered a 2.4% increase, currently trading around $3,719. This move has drawn renewed interest from analysts, particularly as on-chain data suggests shifting trader sentiment and positioning. Short Squeezes and Whale Activity Shape Ethereum’s Recent Rally Amr Taha, a contributor on CryptoQuant’s QuickTake platform, highlighted the significance of Ethereum’s recent price action.…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum staking validator Everstake has announced that the validator exit queue has reached its highest point in one year. The expert further explained why this development might be a positive for the ETH ecosystem. Ethereum Validator Exit Queue Reaches New High In an X post, Everstake stated that the Ethereum validator exit queue has reached its highest level in over a year, representing approximately 520,000 ETH, which is equivalent to $1.9 billion at current prices. The validator noted that this queue will take around 19 days to…
SharpLink just upped the ante in the battle for Ethereum’s future. By bringing in Joseph Chalom, the architect behind BlackRock’s $10B Ether ETF, the firm is positioning itself not just as a holder, but as a shaper of institutional crypto adoption. Summary SharpLink appoints former BlackRock executive Joseph Chalom as co-CEO, signaling a strategic pivot from ETH accumulation to protocol-level participation. The move follows BitMine’s $2B ETH buy, intensifying competition as corporations vie for influence over Ethereum’s infrastructure. On July 25, Nasdaq-listed SharpLink Gaming announced the appointment of Joseph Chalom, BlackRock’s former head of strategic ecosystem partnerships, as its new…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After a notable bounce that took place earlier this month, Ethereum, the second-largest digital asset, is surging once again towards the key $4,000 price level. When the altcoin reclaims this level with the current bullish momentum, it is likely to witness a major rally, with popular figures predicting it could outperform Bitcoin this cycle. Galaxy CEO Banking On Ethereum Over Bitcoin Bitcoin, the flagship asset, may have witnessed a significant upward performance, reaching a new all-time high, but some prominent figures in the crypto market are betting…