Author: Yeek.io

Ethereum treasury, the Ether Machine, has confidentially submitted a draft registration statement on Form S-4 with the U.S. Securities and Exchange Commission. The firm plans to go public by merging with Dynamix. Summary The Ether Machine has confidentially submitted a draft registration statement on Form S-4 to the SEC as it prepares to go public. Upon approval, the Ether Machine will become the largest public holder of ETH. According to a press release, the Ether Machine has filed a draft S-4 registration with the SEC for its planned Initial Public Offering through a pending merger with Dynamix. It is preparing…

Ethereum price is holding firm above $4,500, with both on-chain data and technical indicators suggesting further upside potential.  Summary Ethereum trades at $4,546, up 5.5% in 7 days, 7% in 30 days. On-chain data shows exchange reserves at multi-year lows. CryptoQuant analyst sets $6,000 year-end target as staking inflows rise. ETH was trading at $4,546 at the time of writing, up 0.7% over the previous day. The token has gained 5.5% over the past week and 7% in the last 30 days, now sitting just 8% below its all-time high of $4,946 set on Aug. 24. Market activity has cooled…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows Bitcoin has lost interest to Ethereum and altcoins recently as their combined futures volume has broken past the 85% mark. Ethereum & Altcoins Have Seen Their Futures Volume Rise Recently In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the futures trading volume share of Ethereum and the altcoins. The futures trading volume here naturally refers to the amount that’s becoming involved in futures-related trades on the various derivatives exchanges. Below is the chart shared by Maartunn…

Following an all-time high (ATH) reached last August, Ethereum (ETH), the market’s second-largest cryptocurrency, has found itself in a consolidation phase, trading between $4,200 and $4,700.  This price range reflects a broader stagnation in the cryptocurrency market, as various digital assets, including Bitcoin (BTC), struggle to regain the momentum that led both BTC and ETH reach new records above $124,000 and $4,9000 respectively.  Notably, Citigroup, the third-largest investment bank in the United States, has tempered expectations for the Ethereum price, forecasting a year-end price target of $4,300 for the altcoin. Citi Forecasts Moderate ETF Inflows Into Ethereum According to a…

A pair of pump.fun streamers allegedly leaked Drake’s single from his upcoming album ICEMAN in a stream to promote their meme coin BAGWORK. The duo have since made more than $83,410 from creator fees in just two days after streaming the song. Summary Drake’s unreleased track from ICEMAN was leaked by a pair of streamers on pump.fun. The developers behind the token, BAGWORK, gained $83,410 within just two days of streaming the song. Pump.fun livestreamers went viral for playing what sounds like an unreleased song from rapper Drake’s upcoming album over the weekend in an effort to promote their token.…

Ethereum has shown signs of strength after completing a healthy pullback. Having met and retested its $4,811 target, ETH is now holding firm, suggesting the correction phase may be over. If buyers regain control, the path could open for a powerful rally in the near term. Ethereum Pulls Back, But Bullish Signals Confirm Strength Javon Marks, in his most recent update, emphasized that ETH reached the $4,811.71 target before entering a pullback phase. Despite the temporary dip, bullish signals have re-emerged, indicating that ETH has regained strength and could soon retest this important level.  He noted that surpassing the $4,811.71…

Quick take: The announcement follows Google’s launch of a protocol in April that allows AI agents to communicate with each other. The new payment protocol allows AI agents to settle payments between themselves. One applicable case in the future would be an AI personal shopper talking to an AI shopkeeper to buy clothing and settling the bill. Google has launched a stablecoin-enabled payments protocol for AI apps. The protocol allows AI agents to settle payments between themselves, using legacy payment methods like credit and debit cards, or stablecoins. The announcement follows Google’s launch of a protocol in April that allows…

Dogecoin’s price has rejected resistance near $0.30, triggering a corrective move back below the value area low. Despite this pullback, market structure remains bullish, with higher lows forming and strong confluence at support. Summary $0.30 Resistance: Liquidity sweep led to rejection and correction. Support Zone: POC, VWAP, and 0.618 Fibonacci align at $0.27. Bullish Trend: Higher lows intact; structure favors continuation toward upside. Dogecoin’s (DOGE) recent price action has highlighted the significance of the $0.30 level, where heavy resistance stalled bullish momentum. After briefly sweeping liquidity above the swing high, the price corrected lower, moving back below the value area low. The launch…

The Ethereum price has been in a crucial consolidation phase, with analysts closely watching the next big move. After reclaiming the $4,500 level, the cryptocurrency is now facing one last obstacle before potentially breaking into uncharted territory. Crypto market expert Ted Pillows has set Ethereum’s next price target at $5,000, signaling a potential new all-time high. Ethereum Price Faces Major Hurdle Before $5,000 In a recent technical analysis published on X social media, Pillows explained that Ethereum has successfully reclaimed the $4,500 support level, a point that had previously been a stumbling block for bulls. Now, the market is laser-focused…

BitMine Chairman Tom Lee predicted that Bitcoin and Ethereum could become the standout trades in the next three months if the Federal Reserve decides to cut interest rates. What will the rally look like? Summary BitMine Chair Tom Lee said that he foresees “monster moves” in the next three months for Bitcoin and Ethereum if the Fed decides to cut interest rates. The overall crypto market seems to be bracing for the impact of the Fed rate decision, with polls showing strong optimism for an interest rate cut. In an interview with CNBC, Ethereum treasury BitMine Chairman Tom Lee said…