Author: Yeek.io

Ethereum price is going up today, Aug. 23, and is hovering at its all-time high, continuing a strong comeback that started in April when it bottomed at $1,383.  Summary Ethereum price jumped to a record high after Jerome Powell’s speech at the Jackson Hole Symposium. It also jumped after retesting a crucial support level, its highest point in December last year. Ethereum ETF inflows resumed on Thursday and continued on Friday. Ethereum (ETH) jumped to a record high of $4,877, bringing its market capitalization to $572 billion. This article explores some of the top reasons the ETH price is soaring. …

Stablecoins have become a crucial component of the crypto ecosystem, offering the benefits of digital assets without the volatility typically associated with cryptocurrencies like Bitcoin or Ethereum. Pegged to stable assets such as the U.S. dollar, stablecoins provide a reliable store of value, enabling smooth transactions and serving as an essential bridge between traditional finance and blockchain networks.However, the rise of stablecoins has sparked a debate about whether central banks should have control over these assets. Many argue that government oversight could provide greater stability, mitigate risks, and ensure consumer protection. On the other hand, critics believe that Central bank…

Ethereum is entering a decisive phase in its bull cycle, pushing into fresh highs after finally breaking above its 2021 all-time high of $4,860. The move comes as bulls regained full control of the market following a remarkable 14% surge on Friday, marking one of the strongest single-day performances of the year. Related Reading The rally was ignited by remarks from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium. In his speech, Powell hinted at a potential easing of US monetary policy, stating that restrictive conditions may no longer be appropriate as risks shift. The market reaction was…

Pepe price rebounded, helped by the dovish Jerome Powell speech, surging Ethereum, and increased whale accumulation. Summary Pepe price is on the verge of a surge as whales buy. Whales have bought 650 billion coins in the last 30 days. The coin will benefit from the ongoing Ethereum price surge. Pepe (PEPE), the second-biggest meme coin in Ethereum (ETH), jumped to $0.000015 on Saturday, Aug. 23, up sharply from this week’s low of $0.000009850.  Pepe to benefit from whale buying Whale have continued to accumulate Pepe tokens in a sign that they expect the price to keep going up. Nansen…

The NFT market has experienced a sharp correction with sales volume dropping by 25.78% to $134 million. This reversal follows the previous week’s recovery. Summary NFT sales fall 25% to $134M, but buyers and sellers both rise over 25% Polygon and BNB post strong gains while Ethereum sales drop 41% Courtyard leads collections with $14.7M sales, CryptoPunks plunge 59% As per CryptoSlam data, despite the sales decline, market participation has continued to expand. NFT buyers have grown by 25.74% to 450,096, and NFT sellers have risen by 25.91% to 321,107. NFT transactions have increased by 6.26% to 1,652,284. The market…

Ethereum (ETH) just delivered one of its strongest moves in years, breaking its all-time high of around $4,860 after a bullish surge on Friday. The cryptocurrency soared by more than 13% in a single day, marking a pivotal moment for the market and confirming the strength of Ethereum’s ongoing rally. Related Reading Momentum is firmly on the side of the bulls, as Ethereum continues to outperform Bitcoin. While BTC consolidates around the same price range it held a month ago, ETH has taken the lead, strengthening the case for an extended altcoin rally. The market is entering a phase where…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Believe it or not, DeFi has a transparency problem. Transparency is one of the cornerstones of decentralized finance, but radical transparency also comes with unintended costs. While it may be fine for pseudonymous retail users, it creates strategic friction for capital allocators, institutional players, and protocol builders. Summary Transparency has hidden costs: In DeFi, wallet doxxing, alpha leakage, and MEV extraction turn “openness” into a disadvantage, compromising privacy, safety, and competitiveness. Unfair market dynamics: Public mempools enable…

Cryptocurrency was born out of a desire for financial freedom, a way to break free from the grip of centralized institutions, unchecked surveillance, and economic exclusion. Bitcoin’s whitepaper emerged during the 2008 financial crisis, offering an alternative to systems that had failed millions. It was a tool for empowerment, especially in regions where traditional financial access is a luxury, not a given.Fast forward to 2025, much of the crypto space seems to have drifted from its roots. The spotlight now shines on institutional ETFs, corporate partnerships, and speculative memecoins. Powerful actors are shaping blockchain priorities, and users are more focused…

The cryptocurrency market experienced a significant surge on Friday, with Ethereum (ETH) and Bitcoin (BTC) leading the charge and reviving the upward momentum seen in the previous week that had propelled it to new all-time highs.  Among the notable developments, the market’s leading altcoin skyrocketed above the $4,700 mark while recording double-digit gains and edging closer to the $4,878 record highs it reached during the last crypto bull cycle four years ago.  After enduring a prolonged phase of consolidation and breakdown, ETH’s recent gains reflect renewed optimism in the market, particularly following comments from Federal Reserve (Fed) Chair Jerome Powell. Ethereum,…

Ethereum’s price has maintained notable strength in recent weeks, giving many investors reason for cautious optimism. The asset briefly traded near $4,700 last week, close to its all-time high of $4,878 recorded in 2021, before correcting to its current level around $4,633. Despite this pullback, Ethereum is still up nearly 30% over the past month, according to CoinGecko data, putting a majority of holders back into profit. Alongside these price developments, analysts continue to monitor exchange data for signs of broader market sentiment. One such analysis comes from PelinayPA, a contributor on CryptoQuant’s QuickTake platform, who examined Ethereum’s netflow patterns…