Author: Yeek.io

BitMine has secured a major capital infusion from ARK Invest, which has acquired $182 million worth of BitMine equity across multiple ARK funds. According to a July 22 statement, the deal involved 4.77 million shares purchased via a block trade linked to BitMine’s ongoing at-the-market program. The company stated it plans to deploy 100% of the $177 million in net proceeds to purchase Ethereum (ETH). The move expands ARK Invest’s exposure to crypto-native stocks, aligning with CEO Cathie Wood’s prior investments in Bitcoin (BTC), artificial intelligence, and blockchain infrastructure companies. BitMine’s chairman, Tom Lee of Fundstrat, called Wood’s participation a…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to CNBC, SEC Chair Paul Atkins said the Commission treats Ethereum like Bitcoin. He made it clear that securities laws won’t apply to the digital coin. He also noted that this view remains informal until a formal rule‑making is complete. In his words, “Similar to Bitcoin, the SEC has stated informally more than formally that ether is not a security.” That statement gave many investors relief and drove fresh buying by big firms. Paul Atkins: ETH Is Not a Security, Digital Assets Are Being Embraced by…

While most firms treat NFTs as marketing gimmicks, GameSquare is flipping the script, deploying them as financial instruments. Its new $10 million yield program transforms Ethereum-based digital assets into revenue generators, marking a risky but innovative leap in corporate crypto strategy. On July 21, GameSquare announced the expansion of its crypto treasury program to $250 million, including a dedicated $10 million allocation toward a novel NFT yield strategy. The move follows a $30 million purchase of Ether (ETH), bringing its total holdings to over 10,000 tokens. Rather than holding these assets passively, the company plans to actively deploy them across…

The Spark token price spiked to a record high this week, continuing a trend that started on July 9 when it crashed to an all-time low.  Spark (SPK) soared to $0.096 at last check Tuesday from an all-time low of $0.0467. This surge happened in a high-volume environment, with its trading volume exceeding $1.28 billion. Spark price jumped as third-party data showed that its network growth was accelerating. According to DeFi Llama, its total value locked crossed the important milestone of $8 billion for the first time ever. Spark’s TVL has jumped by 38% in the last 30 days, making…

Quick take: Andreessen Horowitz crypto investment arm led the round. The startup was incubated by Story Protocol, also an A16z crypto portfolio company. Poseidon has already partnered with an unnamed company described as a top robotics firm and an audio foundation model team sourcing dialect-rich speech data. Poseidon, a decentralized AI data layer built on Story Protocol, has raised $15 million in a seed round led by Andreessen Horowitz and A16z. The startup was incubated by Story Protocol, also an A16z crypto portfolio company. Story Protocol is a layer-1 blockchain designed primarily to secure intellectual property rights. Poseidon’s fundraising comes…

After Bitcoin’s brief dip below $100k in the 3rd week of June, it rallied up and has almost completed a V-shape recovery. This has also triggered a rally in major altcoins across the board. In this article, we’ll discuss what’s next for Bitcoin (BTC) in July 2025 and also dive into July 2025 crypto price predictions for some of the top altcoins that are traded in the cryptocurrency space. Bitcoin price prediction BTC had an eventful past few weeks as it endured the geopolitical tensions of the world, and despite dipping sharply below $100k last month, it is now trading…

The public ETH leaderboard is shifting weekly. SharpLink’s latest accumulation spree pushes it back ahead of BitMine, but the treasury war shows no signs of cooling off. On July 22, SharpLink Gaming announced it had purchased 79,949 Ether (ETH) over the previous week, restoring its position as the world’s largest corporate ETH holder with a total of 360,807 tokens, valued at approximately $1.3 billion. The purchase, executed at an average price of $3,238 per ETH adds up to roughly $259 million, marking SharpLink’s largest single-week Ethereum purchase since launching its digital treasury strategy in early June. The company said it…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ether Reserve has announced its plans to go public on the Nasdaq through a merger with the blank-check firm Dynamix Corporation. According to Reuters, the move is projected to raise over $1.6 billion, positioning the newly formed entity, to be named “The Ether Machine,” as a major player in institutional investments in ETH. The Ether Machine To Launch With 400,000 ETH The Ether Machine is set to launch with a substantial balance sheet, featuring more than 400,000 ETH, which will make it the largest publicly traded…

PENGU led altcoin gains today, driven by a surge in Pudgy Penguins NFT sales, as a rare bullish pattern was forming on its daily chart. According to data from crypto.news, Pudgy Penguins (PENGU) rose over 18% to an intraday high of $0.039 on July 21, its highest price since Jan. 8, before settling at $0.036 at the time of writing. The latest move brings the token’s gains to around 360% since last month’s low and approximately 850% above its year-to-date bottom. The rally has propelled PENGU to become the top performer among the top 100 crypto assets by market capitalization…

Key Takeaways  PUMP token has dropped over 40% due to heavy sell-offs by top holders. Despite bearish sentiment, exchange outflows and oversold RSI suggest possible accumulation and a potential rebound. The recently launched Pump.Fun [PUMP] has seen a significant decline, dropping below its Initial Coin Offering (ICO) price. According to CoinMarketCap data, the token has lost over 40% of its value since launch and continues to fall. Why is the PUMP’s price falling? At the time of writing, the asset has recorded another 15% dip and was trading at $0.00368. During this period, participation from traders and investors has increased. Data…