Author: Yeek.io

Summary Ethereum does not just disappear after token burn, it can be issued in the form of Burned ETH or BETH.  The Ethereum Community Foundation’s Zak Cole created BETH to keep a tokenized record or proof of burns.  BETH is not redeemable for Ethereum at any point in the future; it is simply a receipt for burned Ether, raising questions about its value.  Ethereum co-founder Joseph Lubin believes BETH will see community adoption in the future.  It remains to be seen how the market prices BETH and whether the token drives demand among Ethereum holders. Ethereum’s EIP-1559 upgrade has led…

Pepe coin price has formed a highly bullish falling wedge pattern, pointing to an eventual rebound, even as whales and smart-money investors continue dumping. Summary Pepe coin price has formed a falling wedge pattern on the daily chart. The coin has also settled at the ultimate support of the Murrey Math Lines. This rebound will happen even as whales and smart money investors sell. Pepe (PEPE) token was trading at $0.0000095 on Friday, Sept. 5, down by over 33% from the highest point in July. It is now hovering near its lowest level since July 25. Pepe coin price technicals…

Gemini, the crypto exchange founded by the Winklevoss twins, has expanded its European operations with Ethereum and Solana staking services and USDC-denominated derivatives. Summary Gemini launched ETH and SOL staking and USDC perpetual contracts in the European Economic Area. The expansion follows regulatory approvals under Malta’s MiCA in August and the EU’s MiFID II in May. The move comes shortly after Gemini filed a U.S. IPO, aiming to raise $317 million with a potential valuation of $2.22 billion. Gemini debuts ETH and SOL staking Gemini, a crypto exchange founded by Winklevoss twins, has launched staking services for Ethereum (ETH) and…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In venture capital, especially in web3, we spend too much time talking about spectacular outcomes and not enough time on the quiet ones. Extremes dominate the headlines: billion-dollar implosions like the collapse of FTX exchange, the crash of the Terra ecosystem, or the Mt. Gox crypto exchange’s collapse, or billion-dollar valuations that mint the next unicorns like Revolut, Bitman, Binance, KuCoin, etc. Great disaster or great success. Anything in between? It rarely makes the news. Summary Media…

ETH price appears poised for further upside as on-chain data shows investors are withdrawing record amounts from exchanges. Summary Despite failing to break into the $4800 level on two tries, ETH price continues forming higher lows, keeping the uptrend intact. Exchange Flux Balance for ETH has turned negative for the first time in history, indicating strong accumulation. Ethereum (ETH) price has recently faced another rejection at the $4,800 level, despite briefly peaking at $4,957 on Sunday. However, ETH continues to form higher lows, currently consolidating above the $4,200 horizontal support and staying firmly above the previous higher low at $4,060,…

Key Takeaways BONK had a bearish market structure on the 1-day chart, but a bullish reversal from its nearby liquidity pocket might be a possibility traders should look out for. BONK registered a 20% hike in daily trading volume, according to CoinMarketCap. That’s not all though as the memecoin has shed nearly 12% of its value since 01 September, falling below a key support level at $0.0000226. In a recent report, AMBCrypto also compared the momentum of other popular memecoins, Shiba Inu [SHIB] and Pepe [PEPE]. Whale buyers for SHIB and retail for PEPE could drive a breakout past key…

In traditional finance, buybacks have long been a way for companies to return value to their shareholders. Take Apple, for instance. In 2012, Apple announced its first-ever stock repurchase program. Many critics doubted the move, calling it financial engineering. But over the next decade, Apple spent over $600 billion buying back its own shares. The result? Apple’s stock became one of the most valuable assets in the world, climbing from a $500 billion market cap in 2012 to over $3 trillion by 2024. Shareholders who held through those buybacks saw their wealth grow in staggering multiples. | Buybacks weren’t just…

A lukewarm U.S. employment report for August sparked a broad crypto rally Friday. Traders appear to have interpreted the stagnant data as a signal for potential monetary easing, pushing Bitcoin above $113,000 and lifting altcoins across the board. Summary Bitcoin climbed above $113K as a soft August U.S. jobs report sparked a broad crypto rally. Total cryptocurrency market capitalization rose over $60 billion to nearly $3.9 trillion. Altcoins including Ethereum, Cardano, and SUI saw notable gains alongside memecoins. On September 5, the U.S. Bureau of Labor Statistics reported that nonfarm payrolls added a mere 22,000 jobs in August, a figure…

After weeks of decline, top altcoins are flashing green again. Ethereum, Solana, and XRP are showing signs of recovery but is this the start of a bigger rally? Summary Altcoin momentum builds as “Red September” fears fade and technicals flash early bullish signals. Ethereum is up 21.9% in 30 days, holding above $4,250; exchange supply at 3-year low and growing accumulation signal a potential breakout to $4,500. Solana hit $208 with a 26.3% gain over 30 days; rising corporate treasury holdings and institutional buys could push price toward $220. XRP trades between $2.73 and $2.90; falling exchange reserves and new…

Key Takeaways REX Shares is set to launch the first-ever Dogecoin ETF via the more streamlined 1940 Act route. While the move could boost market sentiment, DOGE’s price remains range-bound for now. Dogecoin [DOGE] could soon get its first-ever ETF, and it’s arrival will be anything but typical. REXShares is preparing to list the fund under the 40 Act – A route usually reserved for bond and stock ETFs, not volatile tokens like DOGE. That technical detail matters more than it sounds, especially since the 40 Act carries built-in investor protections and a smoother path through regulators compared to the…