Author: Yeek.io
The price of Ethereum remains in a consolidation phase, but is showing signs of accumulation, which may lead to a bullish breakout. Ethereum (ETH) was trading at around $2,500 at the last check on Saturday, July 5, within a narrow range it has maintained since May. Third-party data shows that whales and Wall Street investors have increased their Ethereum positions in the past few months. SoSoValue shows that spot ETH ETFs added over $219 million in assets this week, continuing a trend that started in May. It was the eighth consecutive week of inflows, a sign that these investors expect…
Another round of rewards has been approved for sUSD depositors on Infinex. This campaign extension comes as we near the much awaited phase 0 of Synthetix Mainnet. Infinex users who deposit sUSD from July 4th, 2025 until Aug, 15th, 2025 will be eligible to earn rewards and will be in the running for other onchain prizes. For those with sUSD already deposited, congratulations! You’ll continue to earn. If you’re not yet participating, we’ve put together everything you need to know.How to ParticipateFrom July 4th, 2025, at 00:01 UTC, for six weeks, sUSD depositors and holders on Infinex will earn a pro-rata share of 12,000 OP…
USELESS surged 27.52% in 24 hours, touching $0.2918 before retracing slightly. The memecoin’s Top addresses increased their supply held to 529 million, accounting for 52.96% of the total supply. Useless Coin [USELESS] surged by 27.52% in 24 hours, hitting a new all-time high of $0.2918 before retracing slightly to $0.2819 at the time of writing. Naturally, this explosive move pushed its market cap to $291.79 million, a 31% increase, while trading volume spiked 34.62% to reach $25.44 million—clear signs of fresh capital inflow. But what’s fueling this climb: smart money conviction, or just another speculative pump? USELESS’ top addresses are…
Coinbase’s Layer-2 network, Base, has shed more than $4 billion in net outflow past this month as users move funds back across cross-chain bridges. Meanwhile Ethereum has amassed over $8.4 billion in net inflows. The reversal comes after Base led all blockchains for inflows in 2024. Data compiled by analytics dashboard Artemis show Base sitting on net outflows of about $4.3 billion this year (YTD), compared with a $3.8 billion net inflow last year. Over the same period, Ethereum has swung from a $7.4 billion outflow to an $8.5 billion inflow, regaining its position as the main destination for bridged…
PENGU rallied 68% as spot volume surged and SuperTrend flashed a fresh buy signal. Short pressure builds near $0.018 as technicals and liquidations align for breakout potential. Pudgy Penguins [PENGU] has surged over 68% in the past seven days, flipping the SuperTrend indicator to a bullish signal for the first time in months. This rally follows an extended accumulation phase and has brought the token near a critical resistance at $0.018. At the time of writing, PENGU traded around $0.0162, showing strong upward momentum. The question now is whether bulls can sustain this rally and trigger the next leg toward…
The memecoin was unable to match Bitcoin’s gains over the past two weeks. Low demand and on-chain distribution conditions meant a SHIB recovery would be difficult. The memecoin market has not made much bullish headway over the past three weeks. A month ago, the meme market cap stood at $59.6 billion. At the time of writing, the figure stood at $54.72 billion, indicating a sideways movement across the sector. Shiba Inu [SHIB] has also been trading within a range since March. Its attempted breakout in May failed, and the token was back at the range lows at $0.0000111. SHIB…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Technical analysis shows Ethereum has just exhibited a failed golden cross on the 1-day candlestick timeframe chart. The golden cross is widely regarded as a bullish momentum signal. This technical formation, where the 50-day moving average climbs above the 200-day moving average, last occurred on Ethereum’s daily candlestick chart in December 2024 and resulted in an 18% surge. This time, though, the story is very different. Rather than triggering another rally, Ethereum’s price action has been quite flat, which makes it difficult to imagine a break above…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is sending a fresh jolt through the crypto market after a sudden upward move on Thursday, with its price finally reclaiming the key $2,500 mark once again. Bullish signals are presently aligning with this renewed strength, which points to a possible continuation of the notable rally. Golden Cross Lights Up Ethereum Chart Examining recent price performance, it is observed that the Ethereum technical landscape just came alive, reviving market optimism with a typical bullish signal. Melijn The Trader, a seasoned crypto expert and investor, reported this…
With his criminal trial just weeks away, Tornado Cash co-founder Roman Storm is speaking out and denying any wrongdoing. In a recent interview with Crypto in America, Storm said the U.S. government is prosecuting him for writing open-source code, not for any actual criminal conduct. Facing three felony charges, including conspiracy to commit money laundering and conspiracy to violate sanctions law, federal prosecutors allege that Tornado Cash, founded by Storm and two others, was used to launder more than $1 billion in illicit funds, including money linked to North Korea’s infamous hacker group Lazarus. Storm denies knowingly facilitating criminal activity.…
In the first half of 2025, the blockchain industry suffered over $2.37 billion in losses due to security incidents, with the DeFi sector hit the hardest. Scams targeting individual users have also proliferated, with AI enabling increasingly sophisticated schemes. According to SlowMist’s mid-year “Blockchain Security and AML Report,” the blockchain industry saw approximately $2.37 billion in losses across 121 security incidents in the first half of 2025. This represents an almost 66% increase in financial losses compared to the same period in 2024, despite a decline in the number of incidents. Source: Blockchain Security and AML Report | slowmist.com DeFi…