Author: Yeek.io

BNB price is testing key resistance near $700, signaling a potential breakout fueled by a recent token burn and rising active addresses. Binance Coin (BNB) has been trading within a range between approximately $630 and $690 since early May, with a brief drop to the $600 level on June 23 that quickly recovered. That drop tested the lower trendline support, reinforcing the ascending triangle pattern, which features a relatively flat horizontal resistance around $685 – $700. The price is currently testing this level, trading at $686, after wicking as high as $695 today. This time, BNB may be poised for…

Key Takeaways Bitcoin was reaching new all-time highs, and the MOODENG token showed signs of wanting to rally. For long-term investors and swing traders, the psychological $0.3 level would be a key resistance level to watch out for. The 10th of July marked the first birthday of the baby pygmy hippopotamus Moo Deng. The Khao Kheow Open Zoo in Thailand, home of Moo Deng, or “bouncy pork” in Thai, saw four days of activities marking the internet sensation’s birthday. The hippo celebrity’s fans travelled far and wide to see her. Speaking to CBS News, Molly Swindell, determined to make her…

Ethereum has surpassed $3,000 in value, following the ETH Foundation transferring a total of 21,000 ETH in the past two months to its internal Gnosis Safe Proxy address. According to data from crypto.news, ETH (ETH) touched on a new high on July 11. The second largest cryptocurrency by market cap has finally surpassed the $3,000 mark. The last time ETH went beyond $3,000 was back in early February before it fell into an extended slump that lasted well into July. On July 11 at 06:30 AM UTC, ETH bounced back up to a peak price of $3,019. It settled around…

Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.DeFiChain News Show: Tokenomics, Interchain Development, And More!Welcome to the DeFiChain News Show summary – your go-to source for all the latest happenings in the DeFiChain ecosystem.In this edition, we cover the ongoing tokenomics discussion, the upcoming voting, and the interchain development progress.Read more about it here. Four Days Left to Vote!Your voice matters in shaping the future of DeFiChain! Only four days remain to cast your vote in the latest DFIP &…

Hyperlane’s native token, HYPER, extended its rally for a second consecutive day following its listing on two premier South Korean exchanges. According to data from crypto.news, Hyperlane (HYPER) rallied to an all-time high of $0.66 on July 11, morning Asian time, before stabilizing near $0.61 at the time of writing. This marks a 100% gain in the past 24 hours and a cumulative increase of over 450% over the last two trading sessions. The rally unfolded in a markedly high-volume trading environment, with daily turnover exceeding $4.1 billion, an increase of more than 3,000% from prior averages. Concurrently, open interest…

Key Takeaways dogwifhat surged 13.69%, attracting strong buyer momentum, rising futures interest, and profit-taking, with bullish signals pointing to a potential rally toward $1.18, if selling pressure eases. dogwifhat [WIF] rallied 13.69% by bouncing off its recent bottom of $0.82, reaching a monthly high of $0.982 before retracing to $0.968, at press time.  This price surge propelled the memecoin’s market cap to $978 million, representing a 14.2% increase. At the same time, dogwifhat’s trading volume spiked by 105% to $500 million, signalling increased capital flow.  Buyers make a strong comeback  After sitting on the sidelines, dogwifhat investors have returned to…

Key Takeaways DOGE rebounded from $0.14 support, showing bullish momentum. Rising spot demand, exchange outflows, and Futures interest suggest a potential breakout toward $0.25 if resistance is cleared. Dogecoin [DOGE] rebounds from $0.14 support, gaining momentum after forming a rounded bottom and confirming a cup-and-handle breakout. This move placed the price back inside a parallel channel, with current price action hovering around $0.182.  If DOGE breaks above $0.198, bulls could push for the $0.25 level in the coming weeks. However, any rejection near the mid-channel zone may cause consolidation.  The pattern’s symmetry and previous response to support suggest bulls are…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bullish sentiment is noticeably returning to the crypto market once again, and Ethereum has made a remarkable upward move. With the fresh wave of optimism, ETH’s price has reclaimed the key $2,700 mark, which has captured investors’ attention. While prices have strongly increased, recent reports reveal that ETH’s open interest also witnessed a notable uptick. Traders Are Doubling Down On Ethereum Ethereum’s price appears to have regained upside traction, and its derivatives market is heating up. This notable uptick in the derivatives market is attributed to a…

Key Takeaways PEPE underperformance has been in sharp contrast to BONK’s, with the latter leading the market’s legacy memecoins. It’s being driven by Bonk.fun-fueled momentum. However, with risk appetite returning, is capital rotation about to flip the setup? After weeks of range-bound chop, the memecoin market has snapped back to life. At press time, it had reclaimed the $60 billion market cap, rising by 7.10% with the 24-hour volume up by nearly 80%. In fact, BONK has emerged as the clear outlier among legacy memecoins, posting 30% monthly gains. On the contrary, peers like PEPE might be lagging behind. Does…

Shiba Inu price has inched higher this week as investors return to the crypto market, but key fundamentals and technical indicators suggest the rally may be short-lived. Shiba Inu (SHIB) rose to $0.000012 on Thursday, with its 24-hour volume jumping to over $270 million. This rebound lagged behind that of the top meme coins like Dogecoin (DOGE) and Pepe (PEPE).  There are several reasons why Shiba Inu’s rally may be short-lived. First, whales have remained on the sidelines this year, with many selling their coins in a sign of capitulation. Santiment data shows that holders of between 10 million and…