Author: Yeek.io

The long-living dream of every crypto enthusiast is coming true as publicly listed institutions start moving their funds within the decentralized finance (DeFi) protocols. The primitive has sparked discussions with BTCS Inc. borrowing USDT from Aave and using it to purchase Ether (ETH) in a latest move. As per a recent X post by the company, the Nasdaq-listed Bitcoin mining firm BTCS Inc. borrowed $2.34 million in USDT from DeFi lending protocol Aave. The funds were later mixed with in-hand cash and used to carry out a purchase of an additional 2,731 Ether (ETH) for $8.23 million. Yesterday, July 14, 2025, $BTCS…

Quick take: Dakota plans to use the fresh capital to accelerate its “mission to build the world’s first globally accessible business bank account.” The stablecoin-powered platform, founded by veterans from Coinbase, Square, and Airbnb, wants to change how businesses move and store money across borders. Dakota allows businesses to hold and transfer funds across USD or stablecoins while accessing familiar payment rails, such as ACH, Fedwire, SWIFT, and SEPA. Dakota, a stablecoin-enabled modern business banking platform, has raised $12.5 million in a Series A funding round led by CoinFund, with participation from 6th Man Ventures (6MV) and Triton Ventures, the…

1INCH price has rallied to $0.39 after breaking extended consolidation, boosted by the $700B milestone in DEX volume. However, bearish RSI divergence raises risk of breaking the established uptrend structure if the price falls below the $0.30 support. 1inch (1INCH) price has recently staged a parabolic rally, peaking at $0.39, after breaking out from a long-standing tight consolidation range around $0.16–$0.18, supported by strong volume. Since then, the token has been respecting a structure of higher highs and higher lows, forming what appears to be an ascending channel. The price has now pulled back slightly to $0.34, just hovering above the newly established support zone around…

Despite raising $1.32B in one of Solana’s largest meme coin sales, Pump.fun’s PUMP token faces criticism for lacking utility and risking sharp volatility in a fragile altcoin market. Pump.fun recently completed its highly successful PUMP token sale, raising an estimated $1.32 billion in just days and securing one of the largest meme coin launches on the Solana (SOL) blockchain. The offering, which sold 33% of the token’s total 1 trillion supply at $0.004 per token, implies an FDV of $4 billion for the platform. However, despite the hype, a new report by BitMart Research casts a critical light on the…

The bank is rolling out the service to a select group of investors, positioning itself as the first major global bank to do so. According to a Tuesday Reuters report, Standard Chartered is launching spot trading for Bitcoin (BTC) and Ethereum (ETH) through its UK branch. The service will be offered specifically to institutional clients, including corporates, asset managers, and professional investors. The move marks a significant step, positioning the firm as the first global bank to provide regulated, deliverable access to crypto spot markets at scale. Clients will be able to trade BTC and ETH through familiar FX trading…

Algorand has rallied over 57% in the last 7 days before hitting a daily high of $0.29 on Monday, its highest level since March 4. According to data from crypto.news, Algorand (ALGO) price hit a 5-month high of $0.289 on July 14. At press time it trading slightly lower at $0.27, still holding gains of 80% from its year-to-date low observed earlier in April. Algorand rallied after third-party data emerged showing that Algorand’s network was gaining traction among users. According to Nansen, the number of transactions on Algorand jumped by 30% in the last seven days to 5.8 million.  Similarly,…

Ethereum is gaining traction as a treasury reserve asset, and Minneapolis-based affiliate marketing and iGaming software firm SharpLink isn’t slowing down on its buying spree. On July 14, SharpLink made another major ETH purchase, adding 24,371 ETH to its holdings at an average price of $2,695. According to EmberCN data, the total value of the acquisition came to $73.2 million. The move followed two earlier purchases on the same day, when the company scooped up more than 38,700 ETH for about $113 million. In total, SharpLink bought over 63,000 ETH within a single day. With its aggressive buying strategy, SharpLink’s…

Bonk has shown strong performance in July, with analysts suggesting the memecoin still has fuel left in the tank. According to data from crypto.news, Bonk (BONK) has rallied 100% over the past 14 days, hitting a 5-month high of $0.000028 last check Tuesday, July 15. The meme coin had previously been in a downtrend that began in May, when it traded around $0.000024, before falling to a low of $0.000011 on June 23, before buyers regained momentum. As of press time, BONK remains 50% below its all-time high of $0.000058, recorded in November last year. Despite this, Bonk’s recent gains…

We’re excited to announce our partnership with Storacha, the blazing-fast decentralized storage network that brings hot storage to the Web3 world. Storacha is the evolution of Web3 Storage, designed to handle massive data needs without sacrificing decentralization, speed, or reliability. At Spheron, we’re on a mission to make compute accessible, permissionless, and globally distributed. Storacha shares this vision in the storage layer, and together, we’re laying the groundwork for a fully decentralized internet infrastructure. This partnership is a step toward a more open, scalable, and resilient Web3 future. The Challenge with Centralized Infrastructure As more developers, apps, and protocols enter…

ProShares has been approved to list its Ultra XRP ETF on NYSE Arca, with trading set to begin by the end of this week. Per a July 14 filing with the Securities and Exchange Commission, NYSE Arca has certified the listing and registration of the ProShares Ultra XRP ETF under the ticker UXRP. As a preliminary step, the fund was listed on the Depository Trust & Clearing Corporation eligibility list earlier this month. When writing, a product page for the fund was already live, but trading was yet to commence. The ProShares Ultra XRP ETF is a leveraged futures-based product…