Author: Yeek.io

Bit Digital has announced a $162.9 million raise to purchase ETH for its corporate treasury, adding to Ethereum’s rising demand from institutions. The announcement was made on July 1, after underwriters in Bit Digital’s recent public offering fully exercised their option to buy an additional 11.25 million shares. In total, the company issued 86.25 million shares, with net proceeds amounting to $162.9 million after deducting fees and estimated offering expenses. Bit Digital confirmed it will use the funds to acquire Ethereum (ETH). Bit Digital, which trades on Nasdaq under the ticker BTBT, has been building its Ethereum strategy since 2022.…

DOGE leads realized losses across majors amid sticky conviction in BTC and ETH. Is the meme-king losing its edge as the reflexive trade during volatility spikes? The market’s flashing a clear structural divergence. Dogecoin [DOGE] has long been a high-beta favorite during risk-on phases, attracting flows from traders seeking short-term upside during volatility spikes. In the current macro context, that rotation into DOGE would be the expected play.  And yet, despite macro conditions favoring risk, DOGE has been sidelined—while Bitcoin [BTC] and Ethereum [ETH] have held strong. In fact, capital has remained sticky in majors, signaling conviction rather than froth.…

Nearly 200 companies now hold billions in Bitcoin, but a new report cautions that only a few can avoid the dangers of a potential death spiral. Bitcoin’s (BTC) corporate adoption is accelerating fast, with nearly 200 entities now holding over 3 million BTC on their balance sheets. But as new players seem to rush in, only those who can skillfully grow their Bitcoin holdings per share are more likely to survive the risks ahead. As of May 2025, about 199 entities reportedly hold 3.01 million BTC, roughly $315 billion at current prices. Among these, 147 companies — both private and…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Hope is alive once again for Ethereum, the second-largest crypto asset, following a sudden bounce above the $2,500 level as the new week kicks off. ETH’s recent notable bounce has influenced its market dynamics and sentiment, with on-chain metrics turning positive and many investors displaying signs of accumulation. Institutional Demand Toward Ethereum Rises In an incredible move, Ethereum made a dramatic recovery on Monday, regaining the key $2,500 level. On-chain data shows that ETH’s recent upward move is catching the attention of major investors, especially on the…

Crypto billionaires are using their resources to fund a new type of paradigm in science, specifically focusing on biotech. Major players in the crypto industry are working on a new way to fund biotech and science. On Tuesday, June 1, Binance founder Changpeng Zhao revealed he personally donated $10 million in BNB (BNB) to Ethereum (ETH) founder Vitalik Buterin’s open-source biotech initiatives. Their goal, according to Buterin, is to apply blockchain’s principles to the most impactful fields in science. 🙏 Moved by this post👇. Just doing my little part.The best way to attract mission-driven talent is having conviction yourself. Likeminded…

Flare Network has officially launched its FAssets Incentive Program to accelerate institutional-grade decentralized finance (DeFi) activity on XRP. Building on the model of its earlier rFLR incentives, the program aims to reward participation while scaling the broader Flare ecosystem. The program allocates 2,200,661,869 FLR to participants actively contributing to this vision, from July 2025 through July 2026.Get ready ☀️The FAssets Incentive Program launches with 2.2B FLR to fuel FAssets adoption & bring institutional-grade DeFi to Flare.Validation is clear: Uphold’s & ViVoPower’s $100M commitments signal prime time for @FlareNetworks, and we’re ready to set the stage for XRPFi. pic.twitter.com/ggYwKSXOfX— Flare ☀️…

Katana, a graduate project from Polygon’s Agglayer Breakout Program, has launched its public mainnet, unlocking unified, deep liquidity and sustainable yield generation. Katana, a Layer 2 chain with over $200 million in productive TVL, has officially launched its mainnet. The platform lets users bridge assets, earn yield, borrow, trade, and track rewards — all in one streamlined interface. At launch, supported assets include USD Coin (USDC), Tether (USDT), AUSD, and Ethereum (ETH), with Bitcoin (BTC) and other tokens rolling out shortly. Katana integrates with leading DeFi protocols like Yearn, Sushi, and Morpho, offering boosted yields via its innovative “VaultBridge” and…

After analyzing BTC’s historical pattern, Matrixport analysts predict that the largest cryptocurrency by market cap could reach as high as $116,000 in the next few weeks. In a recent report, Matrixport analysts state that the month of July has always “historically favored Bitcoin,” as patterns of strong gains for BTC (BTC) have been consistently shown every year during the same period. Due to this strong pattern, analysts predict that it may be able to reach a new all-time high at $116,000. “If historical seasonality holds, Bitcoin could be poised for another move higher — potentially reaching $116,000 in the coming…

Australian crypto exchange Swyftx is set to acquire digital asset brokerage Caleb & Brown in a major move to establish a foothold in the U.S. market. Brisbane-based crypto exchange Swyftx is set to acquire Caleb & Brown, a Melbourne-based boutique digital asset brokerage with a reported $2 billion in digital assets under custody, in a deal reported to be worth over AU$100 million (over $65.8 million). The agreement, which was formally disclosed to employees last week, marks what is believed to be the largest crypto acquisition to date in Australia and New Zealand. The merger is expected to give Swyftx…

Global banking institutions are stepping deeper into crypto, and among them, Germany’s Deutsche Bank is laying out timelines for launching its new services. According to a Tuesday Bloomberg report, the Frankfurt-based institution is gearing up to launch its crypto custody service in 2026.  Citing people familiar with the matter, the report stated that Deutsche Bank is working with Bitpanda Technology Solutions, the tech arm of crypto exchange Bitpanda, to build the service. Deutsche Bank’s crypto initiative was first unveiled in 2022 and has gained traction as more global banks explore ways to offer regulated access to crypto and other digital…