Author: Yeek.io

Crypto funds have once again posted a strong week of gains, but not every asset moved in the same direction. Summary Crypto funds had another strong week, with fresh billions flowing in. Ethereum stole the spotlight with massive inflows amid rising dominance. July’s inflows so far have already smashed past records According to CoinShares’ latest weekly report, digital asset investment products saw $1.9 billion in net inflows, marking their 15th straight week of gains.  Ethereum (ETH) was the week’s best performer, pulling in $1.59 billion to mark its second-largest weekly inflow ever. This pushes its year-to-date total to $7.79 billion,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As crypto assets gain traction in the dynamic financial sector, Ethereum continues to prove its strong position among the leading assets in the world. With its recent price surge, ETH’s market cap has risen sharply over the past few days, surpassing the market value of several major financial institutions. Another Major Milestone For Ethereum Ethereum appears to be in a bullish state as it slowly approaches the key $4,000 price mark following a recent bounce. Meanwhile, the second-largest cryptocurrency asset has now surpassed the market capitalization of…

While decentralized perpetuals and derivatives are gaining popularity, Clearmatics is entering the space with its new class of DeFi derivatives dubbed ‘forecast markets.’ These newly unveiled on-chain derivatives function as dated futures contracts, tracking any public data in a timely-based format. This development gives traders an edge to bet on crypto indexes, inflation data or even temperatures. Clearmarics announced that Forecast Markets will be launched on the soon-to-go-live  layer-1 blockchain Autonity and Autonomous Futures Protocol (AFP). “Autonity is building a layer 1 for autonomous futures markets,” the official handle of Autonity said in a latest X post, “Forecast Markets will take the DeFi…

Bitcoin fell to an intraday low of $117,914 today as $47.5 million in liquidations hit the market. However, the broader bullish structure still remains intact. Summary Bitcoin dipped to $117,914 amid $47.5 million in liquidations. The flagship crypto has struggled to break past $119k multiple times. Bitcoin’s market dominance has declined by 4.98% over the past month. Why did BTC price dip today? Bitcoin’s price dipped today as it entered a high-liquidity zone between $118K and $119K, packed with leveraged long positions, that is, big bets placed by traders expecting the rally to continue. Many of these were entered hastily,…

Indian police have dismantled a work-from-home scam that laundered stolen funds through cryptocurrency, arresting five individuals, including a woman dubbed Delhi’s ‘crypto queen’. Summary Five people were arrested in Delhi for running a scam and laundering funds via crypto. Key accused, dubbed ‘Crypto Queen,’ allegedly operated as an unlicensed crypto handler using international channels. Crypto-related fraud cases are rising across India amid a lack of formal regulatory oversight. According to local media, the accused ran a Telegram-based network that lured victims into completing fake online tasks, extracting payments on the pretext of unlocking higher incentives, and eventually funnelling the money…

Europe’s founders possess abundant talent, yet many struggle to secure early investor support. “Europe is not short on talent; it’s short on conviction capital. That’s the gap we’re here to fill,” explains Bastian Larsen, Founder and CEO of BlackWood Ventures, a network- and technology-driven early-stage venture fund.Designed as a truly pan-European fund, BlackWood unites over 1,000 angel investors, leverages a unique data-driven sourcing engine, and is backed by sector experts. The fund systematically evaluates hundreds of investment opportunities monthly, spotlighting the continent’s leading founders and innovations.Today, BlackWood Ventures announced the final closing of its inaugural $25 million fund, targeting the…

BONK appears poised for a decisive breakout backed by a massive token burn initiative and an uptick in smart money accumulation. Summary BONK has surged nearly 200% from last month’s low. The project plans to burn roughly 1 trillion tokens. BONK is close to breaking out of a symmetrical triangle. According to data from crypto.news, Bonk (BONK) was trading at $0.000034 last check Monday morning, Asian time, up nearly 200% from last month’s low and 266% from its lowest point this year. With a market cap of $2.7 billion, the memecoin is still 40% below its all-time high reached in…

Ethereum traded at $3,908 at press time, gaining 3.2% in the past 24 hours and 61% over the last 30 days. Summary Ethereum is trading above $3,900, up 61% in 30 days. SharpLink bought 77K ETH, raising its total to 438K ETH. Ethereum’s bullish momentum remains intact amid an elevated RSI and Bollinger Bands expansion. The price rebounded from a recent low of $3,530 on July 24 and is now pushing toward $4,000, a key psychological price level. Increasing derivatives and trading activity suggests that investor interest is growing.  Trading volume surged to $32.95 billion in the last 24 hours,…

Tornado Cash co-founder Roman Storm needs $1.5 million in donations to cover legal expenses as his criminal trial enters its third week in New York. Summary Roman Storm is seeking $1.5 million in additional donations to cover legal costs. Over $3.2 million has been raised so far, with a new fundraising target set at $5 million. Storm faces charges of money laundering, sanctions violations, and operating an unlicensed money-transmitting business. Appealing to the cryptocurrency community in a July 26 post on X, Storm said his legal team has been “working around the clock” and that costs are “piling up fast.”…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure There is a large amount of Bitcoin estimated to have been lost over time, but not much has been said about the amount of Ethereum lost as well. This might come down to the fact that Bitcoin has a much lower limited supply compared to Ethereum. Hence, the possibility of so many lost coins does not have much of an impact on its value compared to that of Ethereum, with a much higher supply. Nevertheless, as it is in crypto, there is also a notable number of ETH expected…