Author: Yeek.io

Data shows the Ethereum spot exchange-traded funds (ETFs) have seen weekly inflows five times the recent average, while Bitcoin has seen a slowdown in momentum. Ethereum Spot ETFs Have Seen 154,000 ETH In Inflows This Week In a new post on X, the analytics firm Glassnode has talked about the latest trend in the netflow related to the US-based Ethereum spot ETFs. The “spot ETFs” refer to investment vehicles that allow an alternate means of exposure to a given asset. This means that with a spot ETF, a trader can ‘invest’ into an asset without having to directly own it.…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum is trading at a critical level as tensions in the Middle East escalate following fresh conflict between Israel and Iran. Despite the rising global uncertainty, ETH continues to show resilience, holding firmly above the $2,500 support zone. Bulls remain in control for now, but selling…

With investor demand seemingly on the rise, the Ethereum price looked set to cross the psychological $3,000 level over the past week. However, this dream hit a major stumbling block after geopolitical tensions quickly escalated in the late hours of Thursday, June 13. It didn’t take much time for Israel’s airstrike against Iran to impact the global financial markets, with crypto prices succumbing to a fresh wave of downward pressure. Specifically, Ethereum, the second-largest cryptocurrency by market cap, has lost about 6% of its value in the past 24 hours. Is Capital Flowing Out Of ETH Into BTC? In a…

Despite the recent market turbulence, investors appear to be buying the dip as crypto investment products continue to record steady inflows. Per CoinShares’ most recent digital asset funds report, crypto investment products recorded $1.9 billion in inflows over the past week, marking their ninth consecutive week of gains. Bitcoin (BTC) dominated with $1.3 billion in inflows, staging a comeback following two weeks of underperformance and despite the sharp dip it suffered in the wake of the Iran-Israel geopolitical tensions. Ethereum (ETH) followed suit, albeit with a more modest $583 million, which marked its largest record since February. Altcoins also saw…

Metaplanet has surged past Kioxia Holdings in market cap, hitting $6.9 billion after its stock skyrocketed nearly 400% in under two months. AMetaplanet Inc., a Japanese firm known for its aggressive Bitcoin (BTC) accumulation strategy, has overtaken chipmaker Kioxia Holdings Corp. in market capitalization, hitting over ¥1 trillion ($6.9 billion) after its stock surged nearly 400% in under two months. This surge has also pushed the firm ahead of prominent Japanese companies like Screen Holdings and Tokyo Metro in terms of valuation. The latest 26% jump came Monday after Metaplanet disclosed it purchased ¥16.9 billion in Bitcoin. The acquisition was…

  Popcat gained 9.08% in 24 hours on the daily charts. Bullish momentum is building with a bullish crossover on RSI and Stoch. After dropping from a local high of $0.41 to a low of $0.29, Popcat [POPCAT] successfully defended $0.30 support and bounced back. Inasmuch, Popcat is attempting a breakout from the descending channel after recording gains for two consecutive days, reaching a high of $0.339.  Popcat buyers are back As of this writing, Popcat was trading at $0.339, marking a 9.08% rise over the past 24 hours. Over the same period, the memecoin’s trading volume has surged by…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum is trading at a critical juncture after intense volatility rocked the broader market following renewed conflict in the Middle East. After pushing above the $2,800 resistance earlier this week, ETH bulls appeared to regain control. However, the price action failed to hold above that level,…

Swedish health tech giant H100 Group has secured an initial $15.82 million convertible loan from Adam Back to accelerate its BTC accumulation strategy, with plans for additional tranches. On June 16, Swedish-listed H100 Group announced that it had signed a new investment agreement with Adam Back, CEO of Blockstream, securing an initial convertible loan guarantee of 150 million SEK (approximately $15.82 million). The funds raised from this convertible loan will be used to purchase Bitcoin (BTC) as part of H100 Group’s long-term Bitcoin asset allocation strategy.This comes on the heels of an earlier capital raise announced in late May, when…

Roman Storm, the embattled co-founder of the privacy mixer Tornado Cash is still receiving industry support as the Ethereum Foundation steps in with fresh financial support for his upcoming hearing. According to a recent announcement, the Ethereum Foundation is donating $500,000 to the legal defense of Roman Storm. The cash pledge comes as the Tornado Cash co-founder prepares for his July 14 trial in New York, where he faces charges of operating an unlicensed money-transmitting business, money laundering, and violations of US sanctions.  Explaining the reason for its donation, the foundation stated, “Privacy is normal, and writing code is not…

HYPE, the native token of Hyperliquid, hit a new all-time high of $44.69 on June 16 and appears poised for further gains after breaking out of multiple bullish technical setups. According to data from crypto.news, this latest high surpassed its previous record of $43.96 set just last week. Hyperliquid’s (HYPE) market capitalization rose to over $14.8 million, while daily trading volume climbed 25% compared to the previous day, reflecting continued interest and momentum among traders. The rally has been supported by significant growth in Hyperliquid’s Layer-1 ecosystem. Data from DeFi Llama shows that the total value locked on Hyperliquid has…