Author: Yeek.io
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…
Grayscale Investments has completed its quarterly fund rebalancing, with key changes including the addition of ONDO to the DeFi Fund and the replacement of DOT with HBAR in the Smart Contract Fund. On July 7, Grayscale Investments announced that it had completed its regular quarterly rebalancing for its DeFi Fund, Smart Contract Fund, and its Decentralized AI Fund. The changes took effect at the end of trading on July 3. Every quarter, we rebalance and update the components of our multi-asset funds Grayscale DeFi Fund, Grayscale Smart Contract Fund, and Grayscale Decentralized AI Fund.Read on for our Q3 updates 🧵…
As of today, all Ethereum execution clients support partial history expiry in accordance with EIP-4444. While work on full, rolling history expiry is ongoing, users can expect to reduce the disk space required for an Ethereum node by 300-500 GB by removing the block data prior to the Merge. This will allow a node to fit comfortably on a 2 TB disk. See below for information on each specific client. Chain history By definition a blockchain is a chain of blocks starting at a specific genesis point. For Ethereum, that occurred on July 30, 2015. Each block includes information about…
The much-rumored token launch from Solana-based meme coin platform Pump.fun appears to have collapsed under mounting scrutiny and confusion, leaving investors in doubt and opening the door for rival LetsBONK.fun to claim dominance in the rapidly evolving meme-token market.In early June, speculation began swirling about Pump.fun’s plans to raise $1 billion through a token sale that would value the company at $4 billion. https://t.co/BB5leCKHRh reportedly planning on $1 billion token sale for both public and private investors, at a $4 billion token valuation.#Pump.fun #TokenSale #Solanahttps://t.co/JWJ7w6wFic— Cryptonews.com (@cryptonews) June 4, 2025 The hype reached a fever pitch after several reports cited…
A years-long legal battle between crypto policy group Coin Center and the US Treasury Department over the sanctioning of crypto mixer Tornado Cash has officially come to an end. In a June 7 post on X, Coin Center director Peter Van Valkenburgh announced that the legal fight over the Treasury’s authority to sanction Tornado Cash has come to an end. His post came after the Eleventh Circuit Court of Appeals officially dismissed the case, per recent filings. “This is the official end to our court battle over the statutory authority behind the TC sanctions. The government was not interested in…