Author: Yeek.io
Ethereum’s rally this month has been sharp, but traders are being warned to watch September closely. Related Reading Ether climbed about 20% since the start of August, trading at $4,745 at the time of publication. Prices even pierced $4,860 after dovish remarks from US Federal Reserve Chair Jerome Powell at the Jackson Hole symposium, a move that many in crypto see as a possible spark for more gains. Historic September Pullbacks According to CoinGlass, history offers a cautionary note: there have been only three cases since 2016 where Ether rose in August and then slid in September. In 2017, Ether…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is once again in the spotlight after smashing through its previous all-time high, reaching $4,886 on Friday with an explosive 14% daily surge. This breakout underscores the strength of ETH’s ongoing bullish trend and highlights its growing dominance in the crypto market. While Bitcoin has been consolidating around familiar levels, Ethereum has become the focal point of institutional interest, with large players increasingly allocating capital to the asset. Fundamentals remain robust, as both on-chain and market data confirm that Ethereum demand is accelerating. Institutions, funds, and…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
Dogecoin price recoiled on Sunday, Aug. 24, as the recent crypto market rally stalled. However, this pullback could be brief, as a top crypto pundit predicted a 30% jump, and its divergence with the future open interest continued. Summary Dogecoin price erased some of the gains made on Friday. A popular crypto investor sees DOGE token surging 30%. It has a strong divergence with the futures open interest. Top crypto analyst sees Dogecoin price rising 30% Dogecoin (DOGE) price rebounded on Friday as market participants reflected on Jerome Powell’s dovish statements at the Jackson Hole Symposium. His speech signaled that…
Ethereum is trading just 2% below its all-time high of $4,878, but Santiment’s latest analysis warns that on-chain metrics are flashing warning signals about potential price corrections. Summary Ethereum trades 2.2% below ATH with Santiment warning via high MVRV ratios 30-day MVRV at 15% and long-term at 58.5% signal profit-taking risk Bullish signs include falling exchange supply and rising network activity The second-largest cryptocurrency has gained 32% over the past 30 days and climbed over 5% in the last week. Ethereum (ETH) reached $4,834 during recent trading sessions. Blockchain analytics firm Santiment cautions that valuation metrics are entering risky territory…
Key Takeaways Book of Meme booked a 27% rally in two days, but traders and investors should maintain reasonable bullish expectations in the coming days. Book of Meme [BOME] was experiencing a short-term rally. In the 48 hours leading up to press time, BOME rallied 27%, despite accounting for the pullback the memecoin experienced from the $0.00245 resistance. Source: BOME/USDT on TradingView The 1-day chart showed that BOME was above a key short-term supply zone at $0.0021, highlighted in cyan. The $0.00205 and $0.0022 levels acted as resistance in recent weeks and months. The price action since May showed repeated…
Ethereum has faced one of its most turbulent weeks in months, with sharp swings in price shaking both bulls and bears. Earlier in the week, ETH dipped below the $4,200 level, marking a local low that sparked concern among traders about deeper corrections. However, sentiment shifted quickly as Ethereum bounced back with remarkable strength, rallying throughout the week and eventually setting a new all-time high at $4,886 on Friday. Related Reading This comeback reinforced Ethereum’s strong market structure and highlighted the resilience of buyers who continue to step in at critical support levels. Analysts point to institutional accumulation, declining supply…
Ethereum co-founder Vitalik Buterin has shared his vision for maintaining blockchain neutrality through the FOCIL framework. It was a response to concerns about transaction censorship. Summary Vitalik Buterin proposes FOCIL to protect Ethereum from transaction censorship Framework spreads transaction inclusion across 17 proposers per block slot Ameen Soleimani warns FOCIL could expose US validators to legal sanctions risk In a recent X post, Buterin stressed Ethereum’s “dumb pipe” property, where the Layer-1 processes all valid transactions without discrimination. Buterin’s comments came in direct response to criticism from Ameen Soleimani regarding potential legal risks for U.S. validators. He said: “I think…
Ethereum has officially entered a new phase after breaking its previous all-time highs and pushing into uncharted territory. The recent surge carried ETH to $4,886, yet the rally stopped short of the much-anticipated $5,000 milestone. While bulls continue to show resilience, the market now faces a pivotal moment. Analysts are divided: some expect Ethereum to continue its upward march into price discovery, while others warn that the market could be preparing for a deeper correction. Related Reading This uncertainty comes amid rising speculative activity. According to CryptoQuant, a critical indicator known as the Leverage-Driven Pump has flashed six times this…
The NFT lending market is experiencing a rather severe downturn, with transaction volumes plummeting by 97% from a peak of $1 billion in January 2024 to just $50 million as of May 2025. This decline has raised concerns about the stability of NFT lending platforms and their role within the wider DeFi ecosystem.NFT lending started out promising, allowing NFT holders to unlock liquidity without selling their assets. However, the collapse in collateral values, driven by a general market slump, has led to a marked decrease in borrower and lender participation. The big question now is whether this decline in NFT lending…