Author: Yeek.io

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) has dropped 13.6% over the past week, largely due to rising geopolitical tensions in the Middle East, particularly between Israel and Iran. Despite this recent price slump, Ethereum whales appear undeterred, signalling confidence in the digital asset’s long-term recovery. Ethereum Whales Are Not Budged Despite Recent Loss According to a recent CryptoQuant Quicktake post by technical trader Mignolet, ETH whales are unfazed by the recent price pullback in the cryptocurrency. Notably, the digital asset has tumbled from $2,869 on June 11 to the mid $2,200…

Democratic lawmakers have proposed legislation that seeks to block U.S. public officials, including the President, from profiting off digital assets during and after their time in office. Dubbed the Curbing Officials’ Income and Nondisclosure, or COIN, Act, the legislation came in response to concerns over President Donald Trump’s financial ties to cryptocurrency ventures. The bill was introduced by Senator Adam Schiff and co-sponsored by nine other Democratic lawmakers, following reports that Trump earned $57.4 million in 2024 through World Liberty Financial, a crypto platform linked to his family. Schiff said the president’s digital asset activities have raised serious ethical and…

Dogecoin price action has been bearish, with the same falling below May’s low The $0.21 zone must be flipped to support before long-term bias can shift bullishly Dogecoin [DOGE] has been on a steady downtrend over the past five weeks. The leading memecoin erased the 58% rally it made in the second week of May and fell below its May low on 20 June. In a recent report, AMBCrypto highlighted Dogecoin’s blueprint. The gains made in April and May could just be the prologue before a parabolic rally. In fact, the exchange netflows metric has been negative over the past…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Given the heightened volatility observed in the general crypto market during the weekend, Ethereum once again lost the $2,500 price mark, which led to a notable pullback close to $2,200. However, ETH has not fully lost its potential to rally as technical developments hint at a major rebound in the upcoming days. Key Pattern Signals A Sharp Rally For Ethereum Ethereum is battling with growing bearish pressure after losing the $2,500 mark a few days ago. ETH’s price may have witnessed a sharp pullback, but Rose Premium…

Cumberland withdrew a total of 386.45 billion PEPE tokens. PEPE broke below a descending trend channel, with the price approaching a level that saw PEPE surge 112%. Cumberland accumulated a whopping 386.45 billion Pepe [PEPE] tokens worth $3.45 million from Bybit, OKX, and Coinsquare. The most notable transfers were: 247.83 billion PEPE worth $2.22 million from OKX and 138.6 billion PEPE worth $1.24 million from Bybit, as per The Data Nerd. These inflows followed a previous outflow of 88.53 billion PEPE from the same wallet, suggesting a possible strategic rebalance or OTC accumulation. While smaller outbound transfers were made to…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto analyst who accurately forecasted the Ethereum price decline from $2,800 has reaffirmed the bearish breakdown, projecting fresh rallies on the horizon. While the cryptocurrency navigates this downtrend, the market expert highlights ETH’s significant upside potential and encourages traders to consider dip-buy opportunities.  Expect An Ethereum Price Rally Next Following his recent prediction of a major dump in the Ethereum price, market expert Crypto Patel took to X (formerly Twitter) to share insights on the second-largest cryptocurrency’s next move. According to the analyst, the pullback had…

Nansen’s research analyst points out that exchange outflows likely mean investors are buying the dip. Israel’s war with Iran has triggered a significant dip in the price of Bitcoin (BTC). However, Nicolai Søndergaard, Research Analyst at Nansen, explains that many investors appear to be buying the dip. In a statement shared with crypto.news on Monday, June 23, Søndergaard also revealed what the whales are accumulating. “We are seeing exchange outflows so it is likely that people, regardless of being retail or institutions are buying the dip,” Nansen’s Søndergaard said in a note. Generally when it comes to war and other…

Whale accumulation and Open Interest surge suggested rising confidence in FARTCOIN’s short-term upside. Oversold RSI and dense short liquidations below $0.90 could amplify breakout potential. A strategic whale entry has reinvigorated sentiment around Fartcoin [FARTCOIN], as 2.4 million tokens were acquired for $2.25 million USDT at $0.93 each. This wallet has now accumulated over $4.7 million in FARTCOIN trades, signaling long-term interest.  At press time, FARTCOIN traded at $0.9134, up 6.95% in the past 24 hours. This move comes amid shifting market conditions, where large traders appear to be positioning early.  Whether this accumulation fuels a broader rally or reflects…

DeFi’s complexity has long been a barrier to mainstream adoption. Veda, which hit $3.5 billion in TVL within eight months by abstracting that complexity, just raised $18 million to scale its vault system across a broader class of financial platforms. On June 23, DeFi infrastructure firm Veda announced an $18 million funding round led by CoinFund, with participation from Coinbase Ventures, Animoca Ventures, GSR, Mantle EcoFund, BitGo, Draper Dragon, and other heavyweight investors. https://twitter.com/veda_labs/status/1937130381465039310 The capital injection comes as Veda sharpens its focus beyond crypto-native ecosystems, aiming to embed its vault-based infrastructure into a wider range of financial platforms. Since…

Quick take: Built on MegaETH, an Ethereum Virtual Machine (EVM)-compatible blockchain, GTE follows a concept more akin to the NYSE than its fellow blockchain-based exchanges. Its platform uses a central order book (CLOB) to match buy and sell orders based on price and time priority. GTE seeks to fix two major issues found on DEXes: blind trust and high-order latency that is accompanied by unfeasible transaction costs. GTE, a decentralised crypto exchange (DEX) platform, is seeking to become the “ world’s fastest DEX, hand as raised $15 million in a Series A funding round solely anchored by Paradigm, according to…