Author: Yeek.io
Californian Governor Gavin Newsom plans to launch a meme coin that directly parodies President Trump’s own TRUMP token. Newsom says the token will be called “Trump Corruption.” Summary Californian governor Gavin Newsom wants to launch a meme coin to rival the official TRUMP meme coin. Newsom has been on the offensive by delving into Trump’s realm, starting with Truth Social and now aiming for cryptocurrencies. The Californian governor Gavin Newsom continues his crusade to troll the president at every turn. This time he shifts gears from using social media posts to coming after Trump on a different turf, by diving…
SharpLink chairman Joseph Lubin has made bold price calls for Ethereum as corporate accumulation and institutional interest grow. Summary SharpLink chairman Joseph Lubin forecasts a 100x price increase for Ethereum from current levels. Lubin emphasizes that traditional financial institutions, including large banks like JPMorgan, are likely to adopt Ethereum. Corporate accumulation of ETH is expected to be another key driver of the potential price surge, with 71 companies currently holding a combined 4.44 million ETH. The head of SharpLink said in a recent X post that he forecasts a 100x price surge for Ethereum (ETH) from its current price levels.…
A long-time Bitcoin whale has been shuffling their portfolio in recent weeks, offloading their holdings to build significant new positions in ETH. Summary A Bitcoin OG has rotated over $4.1 billion from BTC into ETH and now holds approximately 886,000 ETH. The move comes as ETH continues to outperform Bitcoin. Broader industry interest in ETH is rising, with more than 4.44 million ETH, valued at nearly $19.7 billion, now held by 71 public companies. On-chain tracker Lookonchain first flagged the portfolio activity in late August. The whale, who received more than 100,000 BTC (BTC) about seven years ago, has begun…
Ethereum (ETH) is currently trading above the $4,400 level, showing resilience despite recent selling pressure and market-wide volatility. However, price action has entered a consolidation phase, with bulls struggling to reclaim higher levels and momentum appearing muted. This has fueled speculation across the market, as analysts remain divided on ETH’s next move. Related Reading Some market participants expect Ethereum to retrace below $4,000, pointing to weakening momentum and sustained resistance near the $4,600–$4,800 range. They argue that a correction could provide healthier conditions for the next major leg upward. On the other hand, more optimistic analysts see this consolidation as…
Ethereum will retire its largest public testnet, Holešky, in two weeks, with validators and infrastructure teams preparing to migrate to Hoodi. The closure streamlines testing into specialized lanes, reflecting the protocol’s more mature and segmented operational needs. Summary Ethereum will retire its Holešky testnet in two weeks following the Fusaka upgrade. Validators and infrastructure teams are migrating testing operations to Hoodi. Holešky will no longer receive maintenance or support from core development teams. On September 1, the Ethereum Foundation’s Protocol Support team announced the formal two-week countdown to sunset the Holešky testnet, marking the end of one of the protocol’s…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is once again in the spotlight as institutional demand and whale accumulation continue to shape the market, even in the face of a recent correction. Despite price retracements that have introduced uncertainty, the broader trend reveals that large investors are steadily rotating capital into ETH. Headlines about whales moving significant amounts of funds to accumulate Ethereum have dominated the news cycle, reinforcing the view that ETH remains a cornerstone asset for the next phase of the market. One of the most notable players driving this trend…
Bitwise CIO Matt Hougan has stated that a growing number of professional investors are skipping Bitcoin and turning directly to Ethereum as their first crypto investment. This has long been regarded as the entry point into digital assets, and Bitcoin is now sharing the spotlight with Ethereum. Ethereum Emerging As First Choice For Professional Investors In Ripdoteth’s update on X, Bitwise CIO Matt Hougan has revealed on live that an interesting trend is emerging. He claims that many professional investors are bypassing Bitcoin and going directly to Ethereum, whose utility in decentralized finance, smart contracts, and Web3 applications is increasingly…
As previously announced, the Holešky testnet has reached its planned end-of-life date and will be sunset shortly. The vast majority of remaining validator nodes will be shut down 2 weeks after the Fusaka upgrade has finalized on Holešky. After this, Holešky will no longer be supported by client, testing or infrastructure teams. Following the launch of the Hoodi testnet in March 2025, infrastructure providers and staking operators have had the opportunity to migrate their testing operations. Background Holešky was launched in 2023 as Ethereum’s largest public testnet, designed specifically for testing staking infrastructure and validator operations at scale. The network…
Who really holds the most Ethereum in 2025? Not always people. The largest personal wallet is lost to forgotten keys, while the network itself, through staking contracts, commands over half the ETH in existence. Summary The largest Ethereum holder in 2025 is the ETH2 Beacon Deposit Contract, securing over half of the supply. Exchanges like Coinbase and Binance manage billions in ETH on behalf of users. Lost keys, hacks, and government seizures add unexpected names to Ethereum’s rich list. According to Arkham’s Ether token page, the landscape of Ethereum (ETH) ownership in 2025 is concentrated not in the hands of…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum ecosystem has witnessed a surprising development with the introduction of a new token called BETH (Burned ETH Token). This token, which was recently launched by the Ethereum Community Foundation, is an attempt to reshape how Ethereum’s burn mechanics are understood and applied. Instead of the invisible process of ETH being destroyed under EIP-1559, BETH was created to give the act of burning Ethereum a tangible and trackable form. BETH Makes Burned ETH Visible Under existing Ethereum mechanics, notably EIP‑1559, portions of ETH, such as transaction…