Author: Yeek.io

Jupiter, a decentralized exchange (DEX) aggregator on Solana blockchain, has deposited $150 million USDC into its lending product JLP Loans, enabling wider liquidity for its DeFi markets. According to Jupiter’s post on X, the capital allocation brings more innovation to DeFi lending by offering a safer and more sustainable alternative to traditional market liquidations. Instead of selling user assets during liquidations, the protocol burns JLP tokens for underlying lending positions, preventing selling pressure and market volatility. You asked, we delivered.An additional 150m USDC has been allocated to JLP Loans, allowing more users to borrow liquidity against their yield-bearing JLP.JLP Loans…

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…

After years of silence, a SpaceX-linked wallet has suddenly moved $152 million in Bitcoin, prompting fresh concerns over what it could mean for BTC’s next price move. According to data from blockchain analytics platform Arkham Intelligence, on July 22, a wallet linked to Elon Musk’s multibillion-dollar space enterprise, SpaceX, had transferred 1,308.45 BTC, valued at approximately $152.91 million, to a new address. Notably, the transfer followed after the SpaceX wallet sent a small transaction fee of 0.000248 BTC worth $29 to Coinbase Prime. Source: Arkham Additional data from Arkham reveal that the last time the wallet saw any movement was…

Ethereum is showing renewed strength after a sharp rally of over 50% in less than a week, pushing prices firmly above the $3,700 level. The move signals clear bullish control, with ETH reclaiming critical territory and holding steady near recent highs. The rapid price expansion has reignited optimism across the market, as traders and analysts closely watch for continuation or signs of exhaustion. Related Reading Currently, Ethereum’s momentum suggests that bulls are preparing to challenge the psychological $4,000 barrier. According to key derivatives data, this level represents a critical pressure point for bearish positions. If reached, massive short positions could…

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…