Author: Yeek.io
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…
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…