Author: Yeek.io

Ethereum is currently trading at a critical resistance zone. A potential harmonic pattern is forming that could signal a deeper pullback before a major bullish continuation unfolds. Ethereum’s (ETH) price action has reached a pivotal point, with the asset now trading at a high time frame resistance level of $2,590. This zone is technically significant, as it aligns with the 0.618 Fibonacci retracement and the midpoint of the active Fibonacci-based price channel. While bullish momentum remains intact, this region could act as a short-term ceiling, potentially triggering a corrective move that sets the stage for a larger breakout. Three key…

As the cryptocurrency market evolves, artificial intelligence (AI) is becoming an increasingly dominant force in shaping trading strategies. From high-frequency AI trading bots to algorithmic crypto trading systems that scan thousands of data points in milliseconds, AI is transforming how trades are executed and who (or what) profits. But is AI the future of crypto, enhancing the market, or a disruptive force endangering its stability?The Rise of AI-Powered Trading BotsAI crypto trading has surged in popularity, particularly within the crypto space, where 24/7 markets and extreme volatility create ideal conditions for automation. AI trading bots can analyze vast datasets, identify…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto analyst stated that Ethereum continues to show resilience on the daily timeframe as of July 7. After a period of consolidation, ETH is holding above the key support level and maintaining its higher-low structure, and if ETH defends its current range, the path toward higher targets will remain intact. Ethereum Holds Above Key Support Zone In an X post, Believer pointed out that ETH has reclaimed key Fibonacci support at $2,572 and is now grinding higher toward the resistance level. The immediate focus is on…

Cryptocurrency has evolved from a niche interest to a significant player in the global financial landscape. With this growth, tax authorities worldwide are intensifying efforts to regulate and monitor digital asset transactions. Navigating crypto taxes in 2025 is more complex than ever, with new reporting requirements and stricter enforcement measures in place.​In the United States, the Internal Revenue Service (IRS) now mandates that cryptocurrency brokers and payment processors report user transactions. One of the key changes in tax rules for crypto in 2025 is the introduction of Form 1099-DA, designed to help taxpayers accurately report their digital asset activities.Globally, countries…

Floki price has rebounded in the past few days, reaching its highest level in almost a month as its social sentiment score improved and exchange reserves dipped. Floki (FLOKI), one of the biggest meme coins in the cryptocurrency industry, rose to a high of $0.000089, up by over 45% from its lowest level in June. The rebound happened in a high-volume environment, with its 24-hour volume jumping by 83% to $211 million. The Floki token’s jump coincided with a big increase in its social volume. Santiment data shows that the volume jumped to 21, the highest level since June 5.…

Quick take: The company plans to use the funds to accelerate the development of its hybrid decentralised exchange platform that blends centralised limit ordering with automated market making. The platform is built on the high-performance Ethereum-compatible layer-1 blockchain Monad. Kuru Labs also raised $2.2 million in a seed round led by Electric Capital in July 2024. Kuru Labs, a crypto startup building on Monad, has raised $11.5 million in a Series A funding round led by Paradigm.  The fundraising also attracted participation from multiple angel investors, including 0xDesigner, Viktor Bunin, Zagabond, Tristan Yver, Kevin Pang, Will Price, Alex Watts, Jordan…

In 2021, the global cryptocurrency market cap soared past $3 trillion, drawing millions of new participants eager to capitalize on skyrocketing token prices. Stories of early Bitcoin adopters turning modest investments into millions fueled a modern-day gold rush. Today, there are over 560 million crypto users worldwide, with daily trading volumes regularly exceeding $100 billion across major exchanges.Despite these impressive figures, the market remains characterized by extreme volatility, rapid boom-and-bust cycles, and a dominant focus on short-term gains. For instance, the “Central & Southern Asia and Oceania: 2024 Geography of Crypto” report highlights that Indonesia’s crypto market is significantly driven…

Months after peaking at $74 per token, TRUMP has slid to $8.59 and expanded to a new network in a bold pivot. Its leap to Tron adds complexity to an already polarizing project where memes, money, and power blend awkwardly. On July 7, the team behind TrumpMeme (TRUMP) announced that it will launch the memecoin on the Tron blockchain, marking the latest twist in the token’s turbulent journey. Originally launched in January as a Solana-based memecoin tied to Donald Trump’s political brand, TRUMP now joins a network backed by Justin Sun, a controversial crypto mogul with his own legal entanglements…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto market expert has predicted that Ethereum (ETH), the largest altcoin, is about to flip the script on Bitcoin (BTC), the number one cryptocurrency. According to the forecast, ETH could significantly outperform BTC in this bull cycle—but the opportunity won’t last long. The analyst warns that the key window to buy in is before mid-August, when Ethereum could start showing real strength in the market.  Ethereum To Overtake Bitcoin By Mid-August  Experienced crypto analyst Polaris_xbt presented a macro analysis of the ETH/BTC chart on a recent…

What if Uniswap’s model isn’t the endgame? Kuru Labs, backed by Paradigm’s latest investment, is testing that theory with an audacious plan to replace AMMs entirely with an on-chain orderbook. Success could redefine DeFi’s trading infrastructure. On July 7, Kuru Labs, the startup building a decentralized exchange on Ethereum-compatible Monad, announced an $11.6 million Series A funding round led by Paradigm. The raise, which follows a $2 million seed round last year, will fuel the development of what could be the first fully functional on-chain central limit orderbook for the EVM. The round included participation from notable angel investors like…