Author: Yeek.io

A $600 million PUMP token sale page briefly appeared on Gate.io before being quietly deleted without explanation. Some traders warned that the Pump.fun token launch could trigger a liquidity drain across memecoin markets. Solana’s [SOL] viral memecoin launchpad pioneer, Pump.fun, became the center of speculation over the weekend after its alleged token sale page briefly appeared on Gate.io—only to be deleted hours later. The deleted page showed 150 billion PUMP tokens (15% of the supply) set for sale at $0.004 each, implying a $600 million raise and a $4 billion valuation. The sale was scheduled to start on the 12th…

Quick take: The Ego Death Capital Fund II will look to lead investments in Series A rounds with $3 million to $8 million per project, building on Bitcoin. The firm has already invested in Bitcoin-based self-custody service provider Relai and the exchange platform Roxom. The fund will focus on businesses earnings between $1 million to $3 million, whose growth has been stunted by a lack of capital rather than demand. Bitcoin-only venture capital firm, Ego Death Capital has closed its second fund with $100 million in funding, backed by mainly family offices that are already invested in Bitcoin. The fund…

Uniswap’s token price has rebounded over the past three months, but technical indicators suggest a potential pullback. Uniswap (UNI) rose to $7.5485 on July 8, up 67% from its lowest level in April, valuing it at $4.7 billion.  On-chain data shows UNI supply on exchanges climbed to 85.6 million, the highest level since June 5. This is up from 82.1 million last month and a year-to-date low of 69.27 million. Rising exchange balances typically signal that holders are preparing to sell, increasing downside risk. UNI exchange holdings | Source: Santiment On the positive side, Unichain, the layer-2 network launched in…

Linqto, a once-prominent private investment platform promising everyday investors access to pre-IPO tech giants, has filed for Chapter 11 bankruptcy, and with it, a disturbing revelation: customers may never have truly owned the shares they believed they were buying.Source: EpiqThe San Jose-based fintech firm submitted its bankruptcy filing in the Southern District of Texas on Monday, listing both assets and liabilities estimated between $500 million and $1 billion. The company also disclosed that more than 10,000 creditors could be affected.At the heart of the fallout is Linqto’s widely marketed access to private shares in high-profile firms like Ripple and CoreWeave.…

In just three weeks, SharpLink’s ETH-per-share exposure jumped from 2.00 to 2.37. Once known for sports betting tech, the company is now setting institutional benchmarks in crypto treasury management, staking every coin, tracking exposure, and raising the bar. In a press release dated July 8, Minneapolis-based iGaming giant SharpLink Gaming said it now holds 205,634 Ethereum (ETH) tokens on its balance sheet, after purchasing another 7,689 ETH in the first week of July at an average price of $2,501 per token. SharpLink’s aggressive crypto pivot earlier this year saw it acquire 176,270.69 ETH, worth approximately $463 million at the time,…

Amp crypto price has plunged and entered a bear market this year, mirroring the performance of most altcoins.  Amp (AMP) dropped to $0.0033 on Tuesday, down by over 77% from its highest level in November last year. Its market cap has slipped from over $965 million to $283 million today.  A potential reason why Amp has plunged is that the total value locked on Flexa has been in a free fall this year. It has dropped to $20.8 million, down from the year-to-date high of $295 million.  Activity on the Flexa Network is critical for Amp, as the token provides…

Morpho traded near $1.39 and was 2.4% in the green on the day, as bulls look to hold a key price level, with resilience at this crucial zone showing as Morpho’s total value locked on Base nears $2 billion. The Morpho (MORPHO) crypto platform is increasingly a major player in the decentralized finance ecosystem. It’s native token reached highs of $4.17 in January, but fell sharply as cryptocurrencies mirrored broader risk assets, MORPHO hit lows of $0.85 in April.  Although bulls have seen MORPHO bounce 93% since its all-time low of $0.71 in November 2024, they failed to rally higher…

Fartcoin continues to consolidate between key technical levels, with price action remaining range-bound and directionless. As long as the current structure holds, traders can expect more sideways movement until a breakout or breakdown occurs. This current range-bound behavior on Fartcoin (FARTCOIN) reflects indecision in the market. It is trading near its Point of Control, the zone of highest volume activity, which tends to act as a magnet for price action in the absence of clear momentum. As long as neither boundary is breached, the token is likely to remain locked within this oscillating structure. Key technical points Major Resistance: $1.45 marks…

Japanese Bitcoin treasury firm Metaplanet is now looking beyond accumulation. After months of aggressive BTC buying, the company says it’s preparing to use its Bitcoin holdings as collateral to finance acquisitions. Metaplanet CEO Simon Gerovich recently told the Financial Times that the company is in a “Bitcoin gold rush” and wants to use its growing stash to buy real businesses that generate cash. According to him, the firm is following a two-stage plan. First, it will accumulate as much Bitcoin (BTC) as possible, and second, use its holdings as collateral to raise funds from lenders, similar to how securities or…

Ethereum’s growing dominance in RWA tokenization is boosting its narrative as a treasury asset. Ethereum (ETH) is quickly gaining traction as a major platform for tokenized assets. Notably, over $5 billion in RWAs are now managed on Ethereum, including treasuries and other real-world assets. In a commentary shared with crypto.news, NoOnes CEO Ray Youssef explained how this is opening up new avenues for ETH. “From tokenized U.S. treasuries to institutional-grade stablecoin rails, Ethereum is becoming the de facto layer for compliant, on-chain finance. Corporations are catching on to ETH as both a utility network and a strategic store of value…