Author: Yeek.io

Gemini co-founders Cameron and Tyler Winklevoss have made an undisclosed investment in American Bitcoin Corp., a mining firm partly owned by US President Donald Trump’s sons Eric and Donald Jr. Summary Cameron and Tyler Winklevoss invested an undisclosed amount in American Bitcoin Corp., partly owned by Eric and Donald Trump Jr. The investment was part of a $220 million private placement that included both cash and Bitcoin. American Bitcoin plans to go public via a merger with Gryphon Digital Mining in early September. Speaking to Bloomberg, Hut 8 CEO Asher Genoot said the investment formed part of a private placement…

Key Takeaways PENGU surged 13%, broke key resistance, and shows bullish momentum with strong inflows, rising long positions, and technical indicators pointing toward a potential rally to $0.0464. Despite market uncertainty, Pudgy Penguins [PENGU] is gaining attention for its strong and impressive performance. At press time, the memecoin surged by 13%, topping the crypto market and paving the way for a potential massive price rally. Not just that, the memecoin has also outpaced major assets like Bitcoin [BTC], Ethereum [ETH], and others. At the time of writing, PENGU’s price stood at $0.0372, having climbed 13% over the past 24 hours.…

Ethereum co-founder Vitalik Buterin has voiced support for public companies holding Ether as part of their treasuries, while cautioning against the dangers of excessive borrowing.  Speaking in a Bankless podcast interview on Aug. 7, Buterin said that so-called Ethereum (ETH) treasury firms provide “valuable services” by giving more investors indirect access to the asset. He noted that companies choosing to hold shares in treasury firms rather than ETH directly create “more options” for those with different financial needs, describing the trend as positive for Ethereum adoption.  Are ETH Treasuries good for Ethereum?@VitalikButerin thinks they can be:“ETH just being an asset…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows the Ethereum Open Interest has shot up alongside the asset’s recovery surge, a sign that chaos could be in store. Ethereum Open Interest Has Gone Up By More Than 8% As explained by CryptoQuant author Maartunn in a new post on X, the Ethereum Open Interest has heated up during the past day. This indicator keeps track of the total amount of derivatives positions related to ETH that are currently open on all centralized exchanges. It takes into account for both short and long positions.…

Quick take: The strategic funding brings the total raised to $21.1 million, following a $10 million seed round and $1.6 million raised from angel investors. The company plans to use the fresh capital to accelerate the development of its new hybrid chain for Bitcoin use cases and liquidity. BOB has already launched a native BTC support on testnet, backed by partners including Lombard, Amber Digital, and RockawayX. BOB (Build on Bitcoin), a decentralised finance project building a hybrid chain focused on Bitcoin use cases and liquidity, has raised $9.5 million in a multi-stage strategic funding round backed by Castle Island…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) is inching closer to the $4,000 milestone, boosted by a perfect storm of factors including surging transaction volume, growing institutional interest, and bullish technical signals. On August 7, ETH climbed to $3,718, backed by robust on-chain metrics. According to recent data, Ethereum processed 1.87 million daily transactions, its second-highest in history, driven by stablecoin usage, primarily USDC and Tether, and DeFi activity on platforms like Uniswap. This spike follows the passage of the U.S. GENIUS Act, which has provided regulatory clarity for stablecoins, paving the…

Ethereum price has moved into a strong bull run, a trend that may continue as its top metrics jump to a record high.  Summary Ethereum price is on the cusp of a strong bullish breakout. The stablecoin supply in the network has jumped to a record high. Spot ETH ETF inflows are still continuing this week. Ethereum (ETH) jumped over 3% to reach a high of $3,840, its highest level since July 31. The price has climbed 15% from this month’s low and is now up 175% from its April bottom. Top Ethereum metrics have surged to an all-time high…

Carbon DeFi does everything a traditional AMM can — and adds capabilities that traders and LPs have never had access to, not just onchain, but on CEXs either.Combine any standard ERC-20 tokens — no matter how unique the pairing — and create:Limit OrderWant to buy a token only if it drops to a certain price?Pre-set your buy or sell to execute at an exact target price — 100% price certainty.Range OrderWant to sell gradually as the price climbs?Scale in or out of positions over a custom price range, with zero third-party dependencies.Recurring OrdersWant to keep buying low and selling high…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is showing signs of renewed strength after a volatile week, gaining over 13% since last Sunday’s local low around the $3,350 level. After facing selling pressure and fears of a deeper correction, bulls have stepped back in, pushing the price higher and regaining control of short-term market momentum. The uptick in volatility has brought fresh attention to ETH, with analysts watching closely as the asset attempts to reclaim key resistance zones. The broader picture remains fundamentally strong. Institutional interest in Ethereum continues to grow, with large…

SharpLink Gaming has secured $200 million from institutional investors in a direct offering, setting the stage for what could become one of the largest ETH treasuries in the world, surpassing $2 billion in value, according to the company. Summary SharpLink Gaming raised $200M from institutional investors to boost its Ethereum treasury beyond $2B. The move comes just days after the firm disclosed a $304M ETH acquisition, bringing its holdings to 521,939 ETH. On August 7, Minneapolis-based gaming company SharpLink Gaming announced it had entered into purchase agreements with four undisclosed institutional investors to raise $200 million through a registered direct…