Author: Yeek.io
Ethereum is undergoing a correction after weeks of strong momentum, but institutional adoption is quietly reshaping the market’s long-term dynamics. According to CryptoQuant, the popular “Crypto Treasury Strategy,” long associated with Bitcoin, has now entered the Ethereum ecosystem. Over 16 companies have already adopted this approach, collectively holding 2,455,943 ETH worth nearly $11.0 billion. This significant allocation has effectively locked away a sizable portion of ETH, reducing available supply on the open market. Related Reading The treasury movement mirrors Bitcoin’s playbook, where corporations strategically accumulated BTC as a reserve asset. However, Ethereum presents important differences. Unlike Bitcoin’s hard-capped supply of…
Tokenized stocks are racing into the spotlight, and Kraken is moving fast to stay ahead. On Wednesday, the exchange announced it is expanding its xStocks product onto the Tron blockchain. Through a partnership with TRON DAO and tokenization startup Backed, Kraken is now rolling out tokenized versions of popular equities like Apple, Nvidia, and Tesla across three major blockchains in less than two months.Unlike conventional shares, these tokenized assets function as debt instruments for compliance, meaning holders cannot exercise governance rights. However, investors still gain fractional ownership, 24/7 trading, and DeFi integration.Growing Multi-Chain SupportKraken co-CEO Arjun Sethi highlighted the rapid…
Quick take: The statement comes amid the outstanding LayerZero proposal to acquire Stargate for $110 million in a token swap deal. The LayerZero offer values one STG token at 0.08634 ZRO tokens, reflecting a value of $0.1675 per STG and $1.94 per ZRO. Wormhole believes the current bid “undervalues [Stargate Finance’s] assets, brand, codebase, and team.” Wormhole Foundation has expressed its interest in acquiring Stargate Finance, a global liquidity layer that connects over 80 blockchains for the smooth movement of assets between chains. The announcement comes amid the outstanding LayerZero proposal to acquire Stargate for $110 million in “ZRO for…
Since announcing the Trillion Dollar Security project, we have surveyed the ecosystem to understand which improvements are highest priority to every layer of the Ethereum stack and community. Now it is time to begin the next phase of this initiative: acting on the highest priority issues we face. For this first wave of actions, we will mostly focus on UX issues. Our research showed these to be the most urgent issues facing both individual and institutional users of Ethereum and Ethereum-based applications. During this first wave we will kick off a range of work targeting crucial areas in UX security.…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The XRP price is crashing following reports that the United States (US) Securities and Exchange Commission (SEC) has temporarily denied applications for XRP ETFs. The postponed rulings continue to add to investor uncertainty, with the regulator setting the next key dates for October 2025. US SEC Delays XRP ETF Decision Timelines The US SEC has once again put a pause on decisions surrounding all 5 pending Spot XRP ETFs. According to statements published on the regulator’s official website, the commission has extended its review period for XRP…
Ethereum is testing critical demand levels after a sharp pullback from its recent peak at $4,790. The correction has pushed ETH toward the $4,200 region, a level that bulls are now trying to defend. Despite strong momentum in recent weeks, selling pressure is mounting, and some analysts warn that Ethereum could face a deeper correction before finding solid ground. Related Reading Yet, institutional accumulation continues to provide a strong counterforce. Data from Arkham Intelligence reveals that two whale accounts bought nearly $200 million worth of Ethereum over the past 24 hours. These new players are part of a broader trend…
Solana dApps can now embed one-click transfers with Across’ new integration. The launch removes UX barriers that once pushed 13% of users to abandon bridging attempts, according to the protocol. Summary Across has expanded its intents-based bridging infrastructure to Solana, enabling one-click transfers between Ethereum and Solana. The integration removes multi-step claims and leverages a decentralized solver network to finalize transfers in seconds. Solana’s $10.1 billion inbound bridge volume has faced high abandonment rates, and Across positions its model as a fix to legacy bridging inefficiencies. Iinteroperability protocol Across has officially expanded its intents-based bridging infrastructure to the Solana blockchain,…
Ethereum ETFs have taken another hit as cooling demand deepens outflows, with major issuers now trimming their holdings. Summary Ethereum ETFs saw $422M in outflows on August 19, marking the third consecutive day of losses this week. On-chain data shows major issuers, including BlackRock, Fidelity, and Grayscale, already dumping holdings. ETH has given up most of its recent rally gains and is now hovering around $4,100. Ethereum ETFs recorded $422 million in net outflows on August 19, according to the latest data from SoSoValue. This marks the third consecutive day the ETFs have closed in the red, and their second-largest…
Why is Bitcoin taking a downtrend over the past week, failing to hold up its recent gains and positive momentum. Summary Bitcoin is trading at $113,721, down 1.5% in 24 hours, with weekly losses above 55%. Large-scale profit-taking by long-term holders and loss-selling from short-term investors has added significant downward pressure on Bitcoin. Bitcoin (BTC) is currently trading at $113,721, posting a modest 1.5% drop in the last 24 hours. The day’s decline brings its losses on the week to approximately 5%, now putting the crypto market giant in the red for this month. Bitcoin’s price chart | Source: crypto.news…
ALT5 Sigma, a Nasdaq-listed fintech firm backed by the Trump family’s World Liberty Financial, has denied rumors of a potential regulatory investigation involving one of its associates. Summary ALT5 Sigma dismissed speculation about a rumored SEC probe into venture capitalist Jon Isaac’s role at the company. Past SEC filings show Isaac held a two-year consulting role at the company. ALT5’s stock dropped over 10% following the rumors. At the centre of the alleged probe was venture capitalist Jon Isaac, whose name surfaced in reports claiming the U.S. Securities and Exchange Commission (SEC) had opened an inquiry into earnings inflation and…