Author: Yeek.io
Key Takeaways Whale accumulation and a cup and handle breakout boosted Dogecoin’s outlook, while rising Open Interest and Funding Rates confirmed strong speculative demand. Dogecoin [DOGE] has attracted attention after 119,306,143 DOGE, valued at $34.8 million, was transferred from OKEX to an unknown wallet on the 14th of September. Whale movements of this size frequently trigger speculation about supply tightening on exchanges and potential price stability. Moreover, such off-exchange transfers often signal stronger conviction from large holders. While the broader market remained volatile, this accumulation narrative strengthens Dogecoin’s bullish appeal. Additionally, on-chain data has started aligning with technical indicators, suggesting…
Trump Coin faces serious headwinds that could limit its upside in the near term. Here’s the breakdown. Summary Trump meme coin price has formed numerous bullish chart patterns. The risk is that whale investors continue to dump their tokens. Another risk is that the supply of TRUMP on exchanges is rising. Trump Coin bulls beware The Official Trump (TRUMP) meme coin price has remained in a tight range in the past few months. On the positive side, it has formed a double-bottom pattern at $8 and a neckline at $11.90. This pattern often leads to a strong bullish breakout as…
The steady appreciation in the Ethereum price continues to mirror how resilient the cryptocurrency has become in the market. Despite the waves of skepticism experienced in the past, there seems to have been a recent major shift in investor behavior, which shows a level of optimism in the potential growth of the Ether token. Ethereum Netflow Across Exchanges Consistently Negative In a September 13 post on social media platform X, on-chain analyst Darkfost revealed how Ethereum’s investors have been acting behind the scenes over the past few months. Related Reading According to Darkfost, there has been a major shift in…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum Foundation’s Privacy & Scaling Explorations (PSE) team has unveiled a new roadmap that approaches privacy as the core component of Ethereum’s future. Rebranded as the “Privacy Stewards of Ethereum”, the group stressed that enforcing an extensive privacy feature is a fundamental requirement for the blockchain network, citing an increase in global recognition. Ethereum’s PSE Team Unveils Privacy Roadmap For Developers And Users In the blog post released on September 13, the PSE team explains that the new privacy roadmap positions their division as a “problem-first”…
Key Takeaways The Shibarium bridge suffered a $2.4 million flash loan attack, compromising 10 of 12 validators, draining ETH and SHIB. On the 13th of September, the Shibarium bridge, a key link between Shiba Inu [SHIB]’s Layer 2 network and Ethereum [ETH], was hit by a flash loan attack. The exploit drained nearly millions, forcing Shiba Inu developers to swiftly restrict certain network activities as they worked to contain the fallout. Remarking on the same, Shiba Inu’s official X (formerly Twitter) account noted, “We are aware of the activity flagged by @peckshield and have engaged our internal team and external…
Key Takeaways PUMP rallied 31%, reaching a high of $0.008456 before slightly retracing to $0.0082 at press time. Whales scooped up 3.24 billion tokens, with Buy Volume rising to 17 billion. Pump.fun [PUMP] soared 31% reaching a new high of $0.008456 before slightly retracing to $0.0082 at press time. Over this period, the memecoin’s market cap surged 23% reaching a new ATH of $2.8 billion, while volume jumped 47% to $904 million. Often, when these two surge in tandem, it signals steady capital inflow and growing on-chain activity. Buyers dominate the market As PUMP rallied, buyers jumped in to chase…
In a recent post on X, crypto analyst CRYPTOWZRD shared a bullish daily technical outlook for Ethereum (ETH), highlighting a strong close that suggests further upward movement is likely. The analyst’s primary expectation is for more gains to follow as the ETH/BTC pair begins to surge. This key relationship is a central focus for the analyst, as a strong performance from Ethereum against BTC often signals a broader bullish period for ETH itself. ETH And ETHBTC Daily Candles Flash Strong Bullish Close Giving a detailed market update, CRYPTOWZRD highlighted that both Ethereum’s daily candle and the ETHBTC pair closed strongly…
The latest on-chain data shows that the second-largest cryptocurrency by market capitalization, Ethereum, may be currently undervalued. Having witnessed a strong resurgence in the past week, the altcoin could be on the verge of an extended rally over the next few weeks. Ethereum’s NVT Ratio Hits New Record Low In a Quicktake post on the CryptoQuant platform, crypto analyst CryptoOnchain reported that there has been a disproportionate increase in transaction volume concerning ETH compared to its market capitalization. The relevant indicator here is the Ethereum NVT (Network Value to Transactions ratio) (30-day SMA), which measures the ratio of Ethereum’s market…
Bitcoin and Ethereum spot ETFs recorded a combined $1.048 billion in net inflows on Sept. 12, marking one of the strongest single-day institutional demand periods since the products launched. Summary Bitcoin ETFs saw $642 million inflows, pushing total net inflows to $56.8 billion overall Ethereum ETFs rebounded with $405 million inflows after last week’s sharp outflows Analysts say BTC, ETH charts show bullish setups with new highs in sight soon Bitcoin (BTC) ETFs led the charge with $642.35 million in daily inflows and have pushed cumulative net inflows to $56.83 billion. Ethereum (ETH) ETFs contributed $405.55 million, bringing their total…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The SEC has announced its decision to extend the review period for several crypto ETFs. This includes staking proposals for the Ethereum ETFs, as well as XRP and Dogecoin ETFs, with the commission pushing its decision to the final deadline for these funds. SEC Delays Decision On Ethereum, XRP, and Dogecoin ETFs In an SEC release, the commission revealed that it is extending the review period for the proposed rule change to permit staking in BlackRock’s Ethereum ETF. The agency stated that it finds it appropriate to…