Author: Yeek.io

OMNI price went parabolic on July 29 after it secured a listing on Upbit. A breakout from a falling wedge now points to massive potential gains in the coming weeks. Summary OMNI surged 170% on July 29 following its KRW trading pair listing on South Korea’s Upbit exchange. Daily trading volume spiked over 2,100% to $904 million, with Upbit accounting for the largest share at $290 million. A breakout from a falling wedge pattern now targets a 120% upside, though RSI readings above 70 suggest a short-term cooldown may follow. According to data from crypto.news, Omni Network (OMNI) skyrocketed 170%…

As Bitcoin’s largest holders reduce their positions, the number of Ethereum whale wallets is increasing, fuelling speculation about a possible altcoin rotation led by Ethereum. Summary ETH whale wallets jumped 8% while BTC whales fell 1.61% in two weeks. $840M in ETH was bought by top holders in 48 hours. CryptoQuant data suggests ETH gains stem from new inflows, not BTC selling and rotation. According to blockchain data shared by Santiment on July 29, the number of wallets holding at least 1,000 Bitcoin (BTC) has fallen by 1.61% in the past two weeks. In contrast, Ethereum (ETH) wallets with at…

After initially contesting the charges, an Arizona man has now pleaded guilty to defrauding victims out of $13 million through a crypto scheme involving fake AI trading bots and a fictitious government agency. Summary Vincent Mazzotta has pleaded guilty nearly two years after being indicted in a $13M crypto Ponzi scheme. The scheme used fake AI trading bots and a fictitious agency called the “Federal Crypto Reserve” to defraud victims. He faces up to 15 years in prison for money laundering and conspiracy to obstruct justice. Vincent Anthony Mazzotta Jr., who has been accused of running multiple fraudulent investment platforms…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The combined Open Interest of the top altcoins has seen recovery recently, with Ethereum contributing to the largest part of the swing. Ethereum, XRP, Solana, And Dogecoin Have Seen A Rise In Open Interest In a new post on X, the on-chain analytics firm Glassnode has talked about the trend in the Futures Open Interest of four top altcoins: Ethereum (ETH), Dogecoin (DOGE), XRP (XRP), and Solana (SOL). The Futures Open Interest here refers to a metric that keeps track of the total amount of futures market…

Key Takeaways BONK owns 82% of all launchpad volume and is closing in on 1 million holders. Could that kind of traction be the spark it needs to bounce back from its 50% dip and take a real shot at a new ATH? Bonk’s [BONK] July breakout had a familiar feel. Just like its post-election move, it popped over 100% and snapped out of a long consolidation, sliding right back into the spotlight. That said, it still hasn’t tagged its Q4 high near $0.00006, so a chunk of holders are still sitting in the red. On-chain, realized profits haven’t blown…

Quick take: The fundraising was in the form of ETH, with 6,900 raised via private sale and 1,242 ETH secured via a public sale. An additional 4,200 ETH was raised via Puttable warrants, according to the company’s post on X. ETH Strategy is a treasury accumulation protocol providing leveraged exposure to Ethereum. ETH Strategy, the treasury accumulation protocol that provides leveraged exposure to Ethereum, has raised $46.5 million in pre-launch funding, according to an X platform post seen by NFTgators.  According to the announcement, the capital was raised across three distinct formations, all in ETH. The company secured 6,900 ETH…

Hyperliquid’s frontend crashed for half an hour, pausing all trading on the platform and shaking confidence in its token. Summary Hyperliquid DeFi exchange suffered downtime. The issue was related to its front-end connection. HYPE token was down 5% post-crash. In DeFi, decentralization only goes so far, especially when it comes to user-facing components. On Tuesday, July 29, between 14:20 and 14:47 UTC, Hyperliquid’s (HYPE) API crashed, disabling front ends and pausing trading. During that period, users could not open or close trades, enter or exit short positions, or withdraw their funds. Bad news: the Hyperliquid API is downGood news: Hyperliquid appears…

Key Takeaways  Fartcoin dropped 14% bringing its pullback to 34% and triggering the second-largest long liquidations since March. But broader accumulation spiked 11% in July.  Fartcoin [FARTCOIN] dropped 14% on the 28th of July, triggering its largest long liquidation since March. According to Velo data, about 7.7 million Fartcoins were wiped out in the Futures market.  This was about twice the flush seen on the 4th of March, underscoring it a key pain point for leveraged bulls during the extended decline on the 28th of July.  But this could also be a great market reset for a renewed bid to…

Palo Alto’s 180 Life Sciences is making a radical pivot, ditching biotech for crypto. With a $425 million private placement backed by Ethereum’s elite, the soon-to-be ETHZilla aims to build the largest corporate ETH treasury, blending DeFi yield strategies with Wall Street appeal. Summary 180 Life Sciences is pivoting from biotech to Ethereum, raising $425M to rebrand as ETHZilla and build a major corporate ETH treasury. The firm’s strategy emphasizes active DeFi participation, with Electric Capital managing staking, liquidity, and lending operations. ETHZilla’s pivot reflects a broader trend, as Standard Chartered forecasts corporate ETH treasuries could grow to hold 10%…

Spark crypto price has undone the recent gains. It has crashed by over 57% from its highest point this month and is sitting at its lowest swing since July 22. Summary Spark crypto price has plunged by 57% from its highest point this month. The total value locked in its ecosystem has jumped to a record high. Spark’s staking market capitalization has jumped to $155 million. Spark (SPK) token dropped to $0.08075, giving it a market capitalization of over $89 million, down from the all-time high of $190 million.  SPK falls despite rising staking inflows The Spark crypto token has…