Author: Yeek.io
PENGU is gaining strong momentum, surging nearly 50% from its recent breakout and overtaking Bonk to climb to the 43rd spot in market cap rankings. Summary PENGU price extended its rally and is now just 17% below its all-time high. The token has overtaken BONK in market cap rankings. Recent 24-hour rally was fueled by its Gemini listing. An SEC review is currently underway on Canary Spot PENGU ETF. The rally may pause for consolidation as the token shows signs of short-term overbought conditions. Pudgy Penguins (PENGU) price continues its strong upward momentum, reaching a peak of $0.047 yesterday and…
Ethereum’s recent price rally appears to be losing momentum just as Spot Ethereum exchange-traded funds record strong inflows. Spot Ethereum ETFs registered a $533.87 million net inflow on July 22, the third-largest single-day inflow since their launch, according to SoSoValue data. With cumulative inflows now totaling $8.32 billion, institutional demand for Ethereum (ETH) ETFs is clearly on the rise. Leading the charge was BlackRock’s ETHA, which brought in $426.22 million, and currently oversees over $10 billion in assets. Grayscale’s fund received $72.64 million in new capital, while Fidelity’s FETH added $35.01 million. The total trading volume for all spot Ethereum…
The Open Network (TON) has an unusual origin. It began not as a grassroots crypto project but as an ambitious side project by Telegram’s founders in 2018. Originally known as the Telegram Open Network, it aimed to solve key blockchain issues: scalability, transaction costs, and network speed. The vision was bold—create a fast, secure, and scalable decentralized infrastructure that could support payments, smart contracts, decentralized apps (dApps), and more.However, in 2020, the U.S. Securities and Exchange Commission (SEC) raised a regulatory concern. It cited concerns about unregistered securities, which forced Telegram to abandon the project. That could’ve been the end…
ONDO, the native token of the decentralized finance protocol Ondo Finance, is getting fresh enthusiasm after a new ETF filing put it in the spotlight. Summary ONDO jumped 8% after 21Shares filed for a spot ONDO ETF with the SEC, triggering heavy trading and a 13% intraday swing. The 21Shares Ondo Trust will hold ONDO directly, using Coinbase Custody and tracking the CME CF Ondo Finance-Dollar Reference Rate. ONDO is up 20% this week and 65% in the past month, with the ETF filing adding fresh momentum to its bullish trend. On July 22, 2025, 21Shares submitted an S-1 registration…
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…