Author: Yeek.io
Key Takeaways Market sentiment has remained bullish across the crypto space, with Pudgy Penguins seeing high sales volumes over the past week. This boosted demand for its token PENGU, which gained by 21% on Monday. According to some estimates, it could rally by another 20% or more. Pudgy Penguins [PENGU] has rallied by 170% since making a bullish market structure break on the 1-day chart. This occurred on 23 June. Monday, 21 July saw PENGU make additional gains of 21.7%, with technical indicators showing that the rally might extend itself higher. Source: NFT Price Floor This move can be explained…
Key Takeaways PEPE interest over time was at 92%, with price action showing renewed bullish momentum. At the same time, the bear market trendline has been broken. Pepe [PEPE] was up only a modest 2% in the last 24 hours as at the time of press. The memecoin had reclaimed the market cap to above the $5B mark following a dip that took it to $2.65B, its lowest point this year. Since the bottom in March 2025, PEPE has been slowly reclaiming its market share and that has not gone unnoticed. PEPE interest reignites Using the Google Search to gauge…
Key takeaways dogwifhat has been consolidating near its $1.30 resistance level. On the other hand, DOGE’s charts have seen some exhaustion. This may set up WIF to capitalize on DOGE’s weakness and potentially lead the next memecoin rally. At the time of writing, four of the top ten gainers on the weekly charts were memecoins. This observation seemed to line up with BTC’s tight-range chop just below its local highs. Especially since it is a setup that tends to fuel speculative appetite across the board. In that light, Dogecoin [DOGE] and Floki [FLOKI] led the charge, ripping by 40%+ against…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is pushing above the $3,800 level, showing a level of strength not seen since early 2024. The second-largest cryptocurrency by market cap has now gained over 50% since late June without a single meaningful retrace, signaling that bulls are firmly in control. The current rally has been supported by growing momentum, rising institutional demand, and increasing clarity on the regulatory front—all contributing to a wave of renewed investor confidence. This latest move puts Ethereum within striking distance of the $4,000 psychological resistance, with many analysts forecasting…
Solana’s recovery coincided with a similar increase in its DeFi TVL, which reached the highest level in six months. The latest crypto bull run boosted both Solana’s (SOL) price and DeFi ecosystem. On Monday, July 21, Solana’s total market cap once again crossed $100 billion, with SOL trading at $194.62 per coin. With a market cap hovering below $105 billion, this is the highest level this metric has reached since Jan. 25 this year. Solana’s DeFi total value locked in USD | Source: DeFiLama At the same time, the increase in Solana’s price also contributed to the rising value of…
The UK government is reportedly considering plans to sell off over £5 billion worth of seized Bitcoin in a move that could potentially help address a growing budget deficit. A recent report from The Telegraph disclosed that the Home Office is working alongside police forces to offload approximately $6.7 billion worth of confiscated digital assets, including Bitcoin. The operation is said to be part of a broader effort involving the Treasury, which is monitoring the potential financial windfall. Chancellor Rachel Reeves is expected to play a key role in the decision-making process as she seeks new revenue sources to plug…
Block Inc., co-founded by Jack Dorsey, is set to join the S&P 500 this week, making it the second crypto-focused company added to the index. On Friday, the fintech company confirmed that it will be added to the benchmark equity index on Wednesday, July 23. Block will replace Hess Corp., which is exiting the index following its acquisition by Chevron. The news managed to trigger a sharp reaction in aftermarket trading, with Block shares rising 10% after the news was made public. Block has framed the move as a significant milestone. Companies are added to the S&P 500 based on…
U.S. spot Bitcoin ETFs are showing no signs of slowing down, having recorded a sixth consecutive week of strong inflows, while BTC flirts with the $120,000 mark. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $2.39 billion in net inflows over the past week, extending their inflow streak to six consecutive weeks, during which they have attracted a total of $10.5 billion into the funds. These products have now accumulated $54.75 billion in net inflows since launch and now collectively hold $152.4 billion worth of Bitcoin, approximately 6.5% of the total Bitcoin market cap. The week from…
Ethereum treasury firm BTCS significantly expanded its holdings, which now surpass $200 million. Ethereum (ETH) is slowly becoming a major crypto treasury asset. On Monday, July 21, BTCS, a publicly traded Ethereum treasury firm, announced a major expansion to its Ethereum holdings. Currently, the company holds 55,788 Ethereum, a 516% year-to-date increase. These holdings, combined with cash and other liquid assets, amount to $242.2 million. Additionally, the company agreed to issue $10 million in convertible notes. The funding will come from the previously arranged $56 million investment with the investment firm ATW Partners. This funding is modest compared to the…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. DeFi vaults were supposed to change everything. For a while, it felt like they had. With just a few clicks, users can deposit their crypto and have it routed through complex, automated strategies. No banks, no managers, no waiting around, just smart contracts doing all the work. But the reality is, the vault model hasn’t lived up to the hype. The main idea still makes sense. Automating execution through code removed a big piece of the old…