Author: Yeek.io

Roman Storm’s defense is reportedly planning to seek a mistrial after a government witness linked to a romance scam failed to establish direct ties to Tornado Cash. According to the Inner City Press, the Tornado Cash co-founder’s lawyers raised the issue before U.S. District Judge Katherine Polk Failla on Monday.  The development followed testimony from government witness Hanfeng Lin, who said she lost nearly $250,000 in a crypto scam and was told that some of her stolen funds had passed through Tornado Cash. Storm’s lawyer, David Patton, disputed the claim, stating that their research did not support any link between…

Ethereum’s rising market share, regulatory clarity, and whale activity signal a possible shift, as Bitcoin dominance slides and institutional interest shifts. According to insights shared by QCP Capital on X on July 21, Bitcoin (BTC) dominance has slipped from 64% to 60%, while Ethereum’s (ETH) share of the total crypto market has climbed from 9.7% to 11.6%. These shifts are accompanied by a rise in institutional capital flows and altcoin activity, raising the question of whether altcoin season is back. Altcoin season, often referred to as “altseason,” describes a phase when alternative cryptocurrencies outperform Bitcoin across key performance and market…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. It’s July 2025, and another half-year has passed, which in crypto time is equivalent to about three regular years. It’s the perfect time to take the temperature of the industry and ask ourselves what the heck is going on.  You have major news moments: administration changes, regulatory advancements, Bitcoin (BTC) all-time highs, concerning breaches, and big IPOs. You have new narratives emerging on the conference circuit: fresh layer-1s trying to stake their claims, infrastructure conversations dominated by…

The decentralized compute space has seen many projects try to build large-scale infrastructure powered by community hardware. Some promised to disrupt centralized cloud giants, while others aimed to create the world’s first web3 decentralized project in some niche. However, many of these projects struggled to build real demand for their tokens or networks. They lacked practical products or had incomplete ecosystems. Some fell short on delivering actual revenue, while others faced adoption problems due to poor user experience or lack of integration with applications. Spheron stands apart because it combines a full-stack approach with real-world products that already generate revenue.…

After several days in the green, ETH has slipped, raising questions about whether its strong uptrend is losing steam. According to crypto.news data on July 22, 2025, Ethereum (ETH) has dropped approximately 2.6% in the last 24 hours, trading near $3,692 after retreating from this week’s high of $3,845. The slide, which came alongside a broader minor market pullback, briefly sent ETH down to an intraday low of $3,646 before recording a rebound to its current levels. This quick drop also triggered a wave of liquidations across major exchanges, hitting short-term sentiment. The pullback follows one of Ethereum’s strongest streaks…

HBAR has surged 30% off its recent breakout, but a bearish RSI divergence signals waning momentum and the risk of a short-term pullback. Hedera (HBAR) price recently broke out of a double bottom pattern, breaching the neckline at $0.229 and rallying to a peak of $0.299 on July 18, testing the prior high from early May. This move represents a gain of approximately 30% from the breakout point. The price has since pulled back slightly and is currently trading around $0.267, consolidating above newly established local support at $0.253. With the measured move target from the double bottom pattern still unmet at $0.333 — calculated by adding the depth of…

The Ether Machine, Inc. has announced its planned entry into public markets with over $1.5 billion in fully committed capital. According to a July 21 press release, the company will go public through a business combination with Dynamix Corporation and is expected to begin trading under the ticker “ETHM” later this year. The transaction includes an anchor investment of approximately $645 million in Ethereum (ETH) from co-founder and chairman Andrew Keys, alongside over $800 million in equity commitments from institutional investors such as Kraken, Pantera Capital, Blockchain.com, Electric Capital, 1Roundtable/10T Holdings, Archetype, and cyber•Fund.  Upon closing, the Ether Machine will…

Key Takeaways The rectangle bottom, or consolidation, that Dogecoin saw after April has been resolved bullishly and could herald a near 20% rally for the leading memecoin. The on-chain metrics did not signal a frenzy of profit taking yet – A good sign for the bulls. Dogecoin [DOGE] led the memecoin sector’s recovery in recent weeks. In fact, it is up by a whopping 77% in July – The largest rally among the top 3 memecoins by market capitalization. Additionally, on-chain metrics revealed that network activity has been rising over the past month. Source: Santiment The daily active addresses saw…

U.K. authorities have arrested two individuals and seized multiple crypto ATMs in connection with an investigation into an unregistered cryptocurrency exchange and suspected financial crime. According to a statement from the UK Financial Conduct Authority (FCA), the operation was carried out in partnership with the Metropolitan Police. Officers searched four premises across southwest London, leading to the seizure of seven crypto ATMs. The FCA confirmed that the suspects were interviewed under caution and have been released while investigations continue. No charges were filed yet, and an inquiry is still ongoing. Per the FCA, it is illegal to operate a cryptoasset…

Key Takeaways Social media platform Truth Social’s parent company, Trump Media, said roughly two-thirds of its liquid assets consist of crypto to become the fifth-largest corporate BTC treasury. Trump Media and Technology Group Corp [DJT] announced on the 21st of July, that it has accumulated roughly $2 billion in Bitcoin and related assets. The press release said that, “The Company has accumulated approximately $2 billion in bitcoin and bitcoin-related securities as part of its previously announced bitcoin treasury strategy.” The previously announced Bitcoin treasury strategy came in May. Trump Media, which owns the social media platform Truth Social, revealed in…