Author: Yeek.io

Key Takeaways SPX hit a new all-time high after a $1.85 rally, as accumulation across the market stayed elevated. In the short term, the asset may experience a pullback to find support. SPX6900 [SPX] surged 23% in the early hours of trading, entering a price discovery phase after setting a fresh record high. While the memecoin continues to trade at elevated levels, AMBCrypto’s analysis shows that a short-term decline may be likely before a broader rally. Supporting this outlook, memecoin and altcoin sector indexes continue to show bullish data backing the asset’s rise. Momentum-backed rally is here SPX’s new ATH…

Trump Media and Technology Group is moving ahead with plans to integrate artificial intelligence on the Truth Social platform, having filed two related trademarks. A press release issued by the company on Wednesday confirmed applications for “Truth Social AI” and “Truth Social AI Search,” signalling the group’s intent to develop AI-based features for its platform. According to Trump Media CEO Devin Nunes, the AI initiative is designed to position Truth Social as a source of “reliable information, non-woke news, and entertainment.” The company did not disclose specific product details or a timeline for rollout. The filings mark Trump Media’s latest…

Ethereum surged past the $3,300 mark on July 16, trading at levels not seen since early February, as inflows into spot Ethereum exchange-traded funds hit a new all-time high. As of this writing, Ethereum (ETH) is up 7% over the last day, trading at $3,336. The token peaked at $3,385 intraday, marking a significant breakout after weeks of range-bound movement. ETH has gained 20% in the last week and has now increased by about 30% in the last 30 days. It is only 31% below its peak of $4,878, which was reached in November 2021. The rally comes as demand…

Today, the governance proposal by World Liberty Financial (WLFI) to make its token tradable officially ended. The vote, which began on July 9, 2025, saw the community vote nearly unanimously in favor of making the $WLFI token tradable. The vote tallied more than 20,935 votes, exceeding the quorum by a remarkable 1,110%. A total of 11.1 billion votes (99.94%) were cast in support of making the $WLFI token tradable, with just 6.6 million votes (0.06%) voting against the move. This proposal sought to migrate the $WLFI token from a non-tradable, closed-network token into a tradable token, providing an opportunity for…

DePIN firm Aethir launched a crypto credit card with Credible Finance for ATH token holders and validators. On Wednesday, July 16, Aethir (ATH) partnered with stablecoin lender Credible Finance to launch the first crypto credit card backed by DePIN. The card will be available to Aethir node operators and token holders, who can claim it for free. Users can top off the card with ATH tokens or stablecoins on Solana, which they can then use for everyday payments. The card also includes access to a revolving line of credit, determined by the user’s Aethir token holdings. “This is the first…

Two powerful forces are shaping our world as we know: one is Artificial Intelligence (AI), the brainy tech that learns and adapts; the other is Bitcoin, the digital currency aiming to revolutionize money and transactions. Both are no doubt transformative, but which is more likely to endure? AI is changing how we live, work, and even think and as such, has a myriad of uses like how it powers the voice assistants on our phones, filters our social media feeds, helps doctors diagnose diseases, and is even writing stories and code. It’s a tool that can learn from experience, almost like…

Bonk, the memecoin on Solana, continues to post an impressive run, with its price up 15% and leading the top 100 cryptocurrencies over the past 24 hours. The uptick for Bonk (BONK) comes as the memecoin’srally pushes its price up over 113% in the past month. The Solana (SOL)-based token has gained more than 61% in the past week, rising from lows of $0.000019 to highs of $0.000034. As crypto.news highlighted on Tuesday, Bonk has the potential to move higher given the broader altcoin market outlook. Bonk gains as open interest jumps 25% The memecoin traded at lows of $0.000012…

Quick take: Coin Metrics is one of the leading providers of both on-chain and off-chain data. Talos helps institutional firms, including hedge funds and asset managers, trade digital assets like Bitcoin and Ethereum. The acquisition comes at a time of increased consolidation in the digital asset space as companies look to position themselves for mainstream adoption. Talos, a crypto trading infrastructure provider helping institutional firms like hedge funds and asset managers trade digital assets like Bitcoin, Ethereum, Ripple, Solana and others, has announced the acquisition of trading data provider Coin Metrics. The deal is valued at more than $100 million,…

Crypto prices rebounded despite a major legislative setback for key bills intended to bring clarity to the industry. Crypto markets regained bullish momentum on Wednesday, July 16, with Bitcoin (BTC) rising 2.3% to trade at $118,900. The overall crypto market cap increased by 1.39%, while major altcoins posted even larger gains. The top 100 crypto assets rose 3.51%, with Ethereum (ETH) leading the charge, up 9.77%. Top altcoins like Solana (SOL) and Dogecoin (DOGE) also saw significant gains, up 6.25% and 7.23% respectively. What is more, smaller memecoins were among the top gainers. Pepe (Pepe) was up 11.42% while Bonk…

As the race for scalable, compliant tokenization heats up, Midas is betting big on Etherlink’s sub-500ms finality. The latest additions, mMEV and mRe7YIELD, could redefine how institutions access structured yield without intermediaries. According to a press release shared with crypto.news on July 16, Midas has expanded its institutional-grade tokenization suite to Etherlink, Tezos’ high-speed Layer 2, by introducing two new structured yield products: mMEV and mRe7YIELD. The tokenization platform said the move follows the successful deployment of mBASIS and mTBILL, which have already locked in $11 million in total value on the network. By leveraging Etherlink’s near-instant settlement and low…