Author: Yeek.io
China-based fashion company MOGU saw its stock reach above 80% after it announced to investors that it would allocate $20 million to add crypto assets to its balance sheet. Why did the company decide to invest in crypto? Summary MOGU’s share price soared 84% following the announcement that the social media firm would start buying crypto assets worth $20 million. Chairman Chen Qi will be in charge of deciding when to deploy the funds to buy crypto for the company. According to a recent press release, the online fashion and lifestyle platform’s board of directors have decided to allocate up…
SOL has overtaken BNB to become the fifth-largest crypto by market cap, with Solana price testing $240 and targeting $260. Summary SOL now valued at $128.67B, overtaking BNB’s $125.87B as Solana price pushes into $240 resistance. Solana’s TVL hit a record $12.95B, up ~20% in 30 days, surpassing Ethereum’s combined L2s. Solana memecoins’ market cap jumped ~80% to $13B since June. Solana (SOL) has been in a strong uptrend since breaking above the $205–210 resistance band, which aligned with the 0.382 Fib retracement. The rally has carried price up to the key $240 level, where SOL was trading in late…
Anticipation of the altcoin season has driven up the price of Ethereum (ETH), creating a wave of optimism surrounding the protocol’s native token. This marks a significant turnaround for the second-largest cryptocurrency after months of stagnation. Factors Behind ETH’s Surge A recent report from crypto bank Sygnum reveals that ETH’s price has surged dramatically, reaching all-time highs in August and outpacing Bitcoin in relative performance. According to the bank, several factors have contributed to this renewed bullish sentiment. Notably, the Pectra upgrade has addressed critical technical issues within the Ethereum ecosystem, enhancing its infrastructure. The upgrade has expanded the staking…
Ethereum has reclaimed the $4,500 level as institutional demand and steady accumulation reinforce confidence in its long-term outlook. Summary Ethereum trades at $4,518, up 2.5% on the day but still 8.6% below its August 24 all-time high. On-chain data shows 1.7M ETH was accumulated in the $4,300–$4,400 range, led by Binance outflows. Futures open interest hit record highs on CME, reflecting growing institutional participation. Ethereum (ETH) rose back above $4,500 on Sept. 12, trading at $4,518 at press time, up 2.5% in the past 24 hours. The second-largest cryptocurrency is currently only 8.6% below its peak of $4,946 on Aug.…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Earlier today, Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) added to its ETH holdings, as on-chain data reveals that the firm purchased another 46,225 tokens, increasing its total ETH holdings to over 2.1 million ETH. BitMine’s Total Ethereum Holdings Surge Past 2.1 Million ETH According to an X post by on-chain analytics account Lookonchain, BitMine seems to have further increased its total ETH holdings. Notably, the firm’s wallet added another 46,225 ETH to its total holdings, worth slightly more than $200 million. It should be recalled…
As Ethereum (ETH) trades in the mid $4,000 range, the Chicago Mercantile Exchange (CME) futures open interest (OI) for the digital asset continues to hit new highs. Against that backdrop, analysts are now predicting a new all-time high (ATH) for ETH later this year. Ethereum New ATH By End Of 2025? According to a CryptoQuant Quicktake post by contributor PelinayPA, Ethereum’s CME futures OI is steadily moving towards new highs. The analyst brought attention to past data about Ethereum futures OI to predict its next move. Related Reading Back in 2021-2022, Ethereum futures OI remained relatively low, largely dominated by…
Key Takeaways DOGE bulls are tactically positioned, approaching the $0.25 supply wall, setting up a potential ETF-driven move. The prospect of a Dogecoin [DOGE] ETF has traders sharply divided. On one side, bulls see echoes of 2021, fueled by meme momentum. On the other hand, shorts argue the market is stretched, with valuations detached from network utility and funding rates flashing froth. With hype clashing against overextension, the question remains: Who really holds the edge as the Dogecoin ETF [DOJE] looms? DOGE traders adjust ahead of ETF launch The 2021 cycle showed just how memecoin rallies play out differently. Back…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) is back in the spotlight as institutional inflows into U.S. spot Ethereum ETFs accelerate. On September 11, 2025, BlackRock’s Ethereum ETF recorded a remarkable $74.5 million daily inflow, while Fidelity’s U.S. Ethereum ETF attracted another $49.5 million, according to data from Farside Investors. In total, U.S. spot Ethereum ETFs have seen more than $171 million in net inflows this week, reflecting robust demand from institutional investors. The surge in flows underscores growing confidence in Ethereum’s long-term value, even as regulators remain cautious on staking provisions.…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum continues to show remarkable resilience, with demand leaving its mark even as price action remains sideways. ETH has been consolidating in a narrow range, mirroring the broader market where Bitcoin trades cautiously and altcoins display selective strength. Yet behind the scenes, institutional interest in Ethereum is quietly building, setting the stage for what could be the next major move. According to fresh data from Lookonchain, SharpLink recently transferred $379 million USDC to Galaxy Digital, capital that may be allocated toward purchasing more ETH. This transfer underscores…
August CPI did little to get crypto moving, leaving big players like Bitcoin stuck in neutral. With the Fed’s next call on rates just around the corner, the market’s collective shrug feels less like uncertainty and more like a deliberate holding pattern. Summary Crypto markets showed little reaction after August CPI rose 2.9%, leaving Bitcoin and other major tokens largely flat. Total crypto market cap inched up 0.18% to $3.96 trillion amid neutral investor sentiment. Traders now focus on the Fed’s September 17–18 policy decision, with markets pricing in a likely quarter-point rate cut. The numbers from the Bureau of…