Author: Yeek.io

Quick take: Activity on Sonic Labs has spiked since the beginning of the year, following its mainnet launch in December 2024. Returning users have more than doubled since January, hitting a record 419K in June – that’s more than 2.5x since the beginning of the year. The EVM-compatible layer-1 blockchain also processed over 104 million transactions in the first half of 2025, with a clear upward trend into May. Sonic Labs, the Ethereum Virtual Machine (EVM)-compatible layer-1 blockchain with transaction speeds of up to 400,000 per second, has experienced an uptick in activity since the beginning of the year. The…

While Bitcoin remains the darling of corporate treasuries, SharpLink’s aggressive Ethereum play signals a shift. With nearly all its ETH staked, the company isn’t just holding, it’s actively shaping Ethereum’s economic future. On July 15, Minneapolis-based iGaming giant SharpLink Gaming announced that it had acquired 74,656 Ether (ETH) tokens for $213 million, completing the transaction over a six-day window between July 7 and July 13. The acquisition, executed at an average price of $2,852 per ETH, pushed SharpLink’s total holdings to 280,706 ETH, cementing its position as the world’s largest corporate holder of Ethereum. NEW: SharpLink becomes the largest $ETH…

Grvt is launching a platform that expands access to trading strategies once reserved for a small number of elite investors. Thanks to recent regulatory shifts, DeFi and traditional finance are increasingly converging. On Tuesday, Grvt launched Grvt Strategies, a peer-to-peer on-chain investment platform. According to the firm, the platform aims to open up sophisticated investment strategies to a broader range of investors while leveraging the transparency and efficiency of blockchain technology. “We believe growing your wealth should feel as natural as sending a message or booking a ride,” said Hong Yea, Co-Founder and CEO of Grvt. “Grvt Strategies is our…

The stock and crypto markets drifted upwards on Tuesday, July 5, after the U.S. published mixed consumer inflation data. Futures tied to the Nasdaq 100 and S&P 500 rose by 160 and 30 points, respectively. Bitcoin (BTC) pared back some of its initial losses and moved back above $118,000. Other altcoins like Ethereum (ETH) and Cardano (ADA) also erased some of the losses. The stock and crypto markets rose after data from the Bureau of Labor Statistics showed that core inflation, which excludes volatile food and energy prices, missed analysts’ estimates for the fifth consecutive month. Core CPI rose from…

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,…