Author: Yeek.io

Elon Musk’s America Party aims to challenge Trump-backed lawmakers. The crypto chatter continues as Bitcoin and Dogecoin rally amid political tension. The friction between Donald Trump and Elon Musk is intensifying, capturing renewed public and media interest. The latest clash stems from Musk’s announcement of a new political initiative, the “America Party”, which he claims is a direct response to Trump’s controversial tax-cut and spending bill, aka the “Big Beautiful Bill.” ‘Fiat is hopeless’ Musk argued that the bill, if enacted, could drive the country toward economic collapse. He even took to X to criticize the proposal, referencing his brief…

TIA rose by as much as 14% today as bulls managed to stage a reversal that ended weeks of downtrend. According to data from crypto.news, Celestia (TIA) rose to an intraday high of $1.68 on July 7 before settling at $1.65 when writing with a market cap of $1.15 billion. TIA’s rally today follows closely after it broke out of a descending channel pattern on the daily chart. A descending channel, characterized by lower highs and lower lows within two parallel downward-sloping trendlines, typically signals sustained bearish pressure. A breakout towards the upside of a descending channel pattern is generally…

Russia is intensifying its crackdown on illegal cryptocurrency miners by launching a national registry of mining equipment, which would help identify unregistered operations. According to local media, Russian authorities have already compiled the registry and distributed it to regions with high mining activity. The initiative is a joint effort by the Ministry of Energy, the Federal Tax Service, and the Ministry of Digital Development, as part of a national strategy to legalize the sector and reduce unauthorised energy consumption. A national registry will allow the government to accurately identify consumers using electricity for mining purposes, according to Deputy Energy Minister…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While the crypto industry continues to chase the next great layer-1, modular marvel, or interoperability breakthrough, the real bottleneck to mass adoption isn’t technological; it’s more psychological, especially for the technophobic. Usability, not scalability, is what keeps billions of people on the sidelines. The average person doesn’t need a faster settlement layer; they need a better entry point, or rather, one that they find less challenging to navigate. The most overlooked driver of mainstream adoption is staring…

Japanese investment firm Metaplanet has made another major investment to boost its Bitcoin portfolio. According to the firm’s latest disclosure, it purchased an additional 2,205 Bitcoin (BTC) for roughly $237.9 million (34.49 billion yen). The tokens were obtained at an average cost of 15.64 million yen per bitcoin, approximately $107,800, now bringing its total holdings to 15,555 BTC. The latest purchase marks the firm’s largest single-day purchase since commencing its Bitcoin accumulation strategy, funded by a mix of bond issuances and stock warrant exercises. Just days prior to this acquisition, Metaplanet redeemed 6 billion yen worth of bonds issued in…

Bullish structure break on the 1-day timeframe seemed to be an important development FLOKI’s 4-hour chart outlined a buying opportunity FLOKI had been on a downtrend in June, shedding 12.4% of its value in a month. In fact, it saw an attempted rally in the second week of the month, and an attempted breakdown beneath the crucial support at $0.0000745. Over the past week, however, this level was reclaimed as support, and FLOKI bulls are now making another attempt towards $0.0001. This psychological round-number resistance was nearly tested as resistance in June, marking the previous month’s high. It might be…

Spheron Network is proud to announce its partnership with Huddle01, a decentralized communication platform powering audio and video infrastructure for Web3-native teams, communities, and builders. As AI-powered applications and virtual collaboration surge, a scalable and decentralized communication infra has become a critical need. Together, Spheron and Huddle01 aim to decentralize the future of communication by combining real-time video/audio infra with GPU-powered compute infrastructure. The Problem Traditional communication platforms are heavily centralized. They depend on costly cloud services, lack transparency, and restrict scalability. Centralized control also introduces risks such as surveillance, censorship, and downtime. As AI agents, dApps, and communities demand…

Weekly inflows into the U.S. spot Bitcoin ETFs experienced a significant drop last week as fading Fed rate cut hopes and Trump’s newly passed budget bill tempered investor appetite. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $769.6 million over the past week, a 65% drop from the prior week when these investment products drew in $2.22 billion. The week began with $102.14 million in net inflows on Monday, followed by significant outflows of $342.25 million on Tuesday. Momentum reversed midweek, with inflows of $407.78 million on Wednesday and $601.94 million on Thursday, the highest single-day inflow…

We’re excited to announce a partnership between Spheron Network and SINT — a revolutionary platform building the agent economy on top of AI and Web3. SINT enables users to create, train, and monetize synthetic intelligence (SINT) agents that operate autonomously across decentralized ecosystems. Together, Spheron and SINT are shaping the future of agentic AI, where infrastructure, ownership, and intelligence are open and user-driven. The Problem As synthetic agents and AI tools proliferate, developers and users face several barriers: High costs for training and running LLMs Centralized control over compute and agent environments Lack of interoperability across chains Complex deployment and…

Ethereum may soon enforce a 16.77 million gas limit on single transactions under EIP-7983, proposed by Vitalik Buterin and researcher Toni Wahrstätter to improve performance and reduce attack surfaces. According to the July 6 proposal, Ethereum can “enhance its resilience against certain DoS vectors, improve network stability, and provide more predictability to transaction processing costs” by implementing a protocol-level cap on individual transactions. Under the current structure, a single Ethereum transaction can theoretically consume the entire block’s gas limit, exposing the network to denial-of-service attacks and potential instability. EIP-7983 addresses the issue by introducing a cap of 16.77 million gas…