Author: Yeek.io
Derivatives activity spikes as Dogecoin rebounds from demand zone, targeting $0.19. Whale inflows and improving MVRV support this bullish outlook despite falling network activity. Dogecoin [DOGE] has rebounded sharply from the lower boundary of its multi-month trading channel, igniting renewed bullish sentiment. This technical bounce coincides with a 15.78% surge in Open Interest to $2.09 billion and an explosive 402% increase in Options volume—signaling that traders are aggressively positioning for further upside. The move suggests growing speculative interest, likely targeting the $0.19 mid-range resistance, with potential continuation toward $0.26 if momentum holds. Source: X/Ali Strong enough to flip resistance? DOGE’s…
Dogwifhat price rose for the second consecutive day as Bitcoin and most Solana meme coins jumped. Dogwifhat (WIF) token rose to around $0.92 on July 3, up by 43% from its lowest level this week. Other top Solana (SOL) meme coins like Bonk, Fartcoin, and Pudgy Penguins have also rebounded. WIF may have further upside, as on-chain data points to increased whale accumulation. According to data compiled by Nansen, Dogwifhat whales now hold 39 million tokens, up from 38.4 million last month, their highest level since June 28. This suggests that larger holders expect the rally to continue. Additional data…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum price action on the 1-day chart continues to unfold in line with prior expectations, showing steady progress within its established bullish setup. The price remains well-structured with ETH holding above key support and respecting trend dynamics. Ethereum’s Next Key Targets — Where Price Could Be Headed Ethereum is facing resistance from a tight cluster of EMAs, which is acting as a ceiling and compressing price action. Crypto Devil highlighted on X that ETH needs to show strength and break above these EMAs to shift short-term momentum…
Quick take: The announcement comes as tokenised real-world assets become more popular amid rising interest from crypto companies to tokenise treasuries, stocks and private credit. The value of on-chain tokenised real-world assets has already surpassed $24 billion, up from about $10 billion in April last year, according to RWA.xyz. The investment is part of Ondo Finance’s bid to grow its exposure to tokenised assets after launching its tokenisation platform earlier this year. Ondo Finance, the RWA tokenisation firm, has linked up with crypto venture firm Pandera Capital to launch a $250 million fund focused on tokenised real-world assets. According to…
Bonk rallied 21.22%, hitting a 3-week high of $0.0000174. Buyer volume outpaced seller volume by 167.31 billion tokens. Bonk [BONK] rallied 21.22% by bouncing off its recent bottom of $0.000013, rising to a local high of $0.0000175 by press time. Over the same time, the memecoin’s trading volume spiked by 332% to $548 million, reflecting considerable demand. Demand for Bonk soars After taking a step back in the market, buyers have returned, signalling newfound demand. On the 3rd of July, Bonk saw $1.61 trillion in buy volume compared to $1.44 trillion in sell volume, according to Coinalyze. Source: Coinalyze The…
Amid heightened market activity in decentralized finance (DeFi), the total stablecoin supply on Ethereum has soared to an all-time high of $135.4 billion. This surge underscores renewed interest in decentralized finance (DeFi) while also signaling increased confidence in Ethereum’s growing ecosystem.The market data from TokenTerminal shows that Ethereum tops all other blockchain networks in stablecoin supply and it is largely dominated by Tether’s USDT stablecoin. However, the growth is also driven by other emerging stablecoin issuers, including Circle (USDC), Ethena (USDe), First Digital (FDUSD) and PayPal (PYUSD). Designed to maintain their value pegged to fiat currencies, stablecoins have become the backbone…
Since its launch in 2015, Ethereum has grown from a bold experiment into the world’s leading smart contract platform. It introduced a revolutionary idea, programmable money, that allowed developers to build dApps and launch tokens on-chain. This laid the foundation for massive crypto movements like DeFi, NFTs, DAOs, and the metaverse.Ethereum’s early dominance was largely uncontested. It hosted most of the activity and value in the blockchain ecosystem. By 2021, Ethereum was processing billions in daily transaction volume, and major projects like Uniswap, Aave, OpenSea, and MakerDAO ran entirely on its network. Its native token, ETH, became the second-largest cryptocurrency…
Quick take: The funding also attracted participation from reputable crypto venture firm Pantera Capital. Approximately 5% of the funding was in the form of equity without cryptocurrency allocation. The company plans to use the fresh capital to expand its Telegram-based wallet into the U.S. and Europe. The Open Platform, the Telegram-based blockchain platform behind the Wallet in Telegram, has raised $28.5 million in a Series A funding round led by Ribbit Capital, a prominent venture capital firm in the digital asset and fintech sectors. The fundraising also attracted participation from reputable crypto venture firm Pantera Capital. According to the announcement…
DOGE price has bounced strongly from its recent low at $0.143, reclaiming key support and setting up for a potential move towards $0.26. Dogecoin (DOGE) has recently broke down from a descending triangle pattern, falling below the key horizontal support zone between $0.165 and $0.17, touching a low near $0.143 on June 22. After hitting that low, the price bounced back strongly, reclaiming that support zone and rising toward the $0.175 level intraday, which is within a demand zone that preceded a parabolic rally in May. The memecoin‘s price is now trading inside the horizontal range between ~$0.143 and ~$0.26,…
Pepe Coin price made a bullish breakout on Thursday, July 3, as cryptocurrencies bounced back and whale accumulation continued. Pepe (PEPE), the second-biggest Ethereum (ETH) meme coin, jumped to $0.0000107, its highest level since June 17. This rally coincided with the broader crypto market rally, with Bitcoin (BTC) hitting $110,000 for the first time in weeks. Nansen data shows that PEPE’s price jump came amid increased whale accumulation, a sign that large holders expect further gains. Whales now hold 7.95 trillion tokens, representing a 5% monthly increase. The top 100 addresses have also expanded their holdings, now controlling 302.8 trillion…