Author: Yeek.io

Invesco and Galaxy have become the ninth issuer to file for a spot Solana ETF with the U.S. Securities and Exchange Commission. According to a June 26 filing, Invesco and Galaxy’s proposed fund will offer direct exposure to Solana (SOL), the sixth-largest cryptocurrency by market capitalization. Following the precedent set by Bitcoin and Ethereum ETFs, the proposed Solana fund would hold the asset directly under a commodity trust structure. The fund would trade under the ticker symbol “QSOL” on the Cboe BZX Exchange, with Coinbase Custody set to act as custodian for the underlying Solana assets. The ETF may also…

Sky Protocol’s decentralized finance network has launched a new institutional-grade credit protocol with a $1 billion investment into tokenized credit. Grove, a DeFi credit infrastructure developed as part of the Sky (SKY) ecosystem, was announced in a press release on June 25. At launch, the Sky ecosystem allocated $1 billion to Grove for investments in the Janus Henderson Anemoy AAA CLO Strategy, a fully tokenized fund created in collaboration with Centrifuge. Run by the same team that manages Janus Henderson’s $21 billion AAA CLO ETF, the strategy provides DeFi with access to a traditionally off-chain asset class known for yield…

Dogecoin’s weekly structure showed some hope in the long term, and consolidation conditions in the coming weeks. Swing traders would be buoyed by the DOGE reaction at $0.142 and could look to enter long positions. Dogecoin [DOGE] retested the $0.142 support level from April, which had been a range low at the time. AMBCrypto’s analysis showed that there was reason to think that Dogecoin was still trading inside a range, despite its May rally. Source: DOGE/USDT on TradingView The weekly chart showed a bullish swing structure, as highlighted by the Fibonacci retracement levels plotted from this swing move’s low and…

Users across several blockchains can now take non-custodial, crypto-backed loans in just days, the two firms claim. DeFi is racing to close the usability gap with traditional platforms. On Wednesday, June 25, Web3 cloud firm Gelato and Defi lending protocol Morpho announced the launch of embedded crypto-backed loans. According to the two firms, the platform would be as easy to use as a banking app. Today, in collaboration with @MorphoLabs, we’re introducing Embedded Crypto-Backed Loans.A new way for wallets, exchanges, and fintech applications to offer instant, non-custodial, and web2-like stablecoin loans directly in their products.Available now on @arbitrum,… pic.twitter.com/EfWnDif5i3— Gelato…

Despite PENGU’s 32% price surge, negative funding and weak sentiment suggested that traders remain skeptical.  Liquidation clusters above $0.010 could drive a breakout toward the $0.012 resistance. Pudgy Penguins [PENGU] soared 32% after its NYSE debut alongside VanEck on the 23rd of June, briefly challenging the key $0.010 resistance level. Despite the initial surge, the token couldn’t hold above the key level and was trading at $0.009773 at the time of writing. The price closely aligns with the 1.0 Fibonacci extension, a level that often acts as strong resistance. Although the recent listing fueled the spike, trader sentiment remains cautious.…

Quick take: The fundraising pushed the total raised by Zama to over $150 million and values the FHE blockchain pioneer at over $1 billion, according to reports on Wednesday. Fully homomorphic encryption secures sensitive data even when being used, making the technology highly applicable in blockchain and AI apps. The company plans to use the fresh capital to accelerate the mainnet launch and efforts towards ecosystem adoption and research. Zama, the crypto startup pioneering fully homomorphic encryption technology, has raised $57 million in a Series B round co-led by Blockchange Ventures and Pantera Capital.  The fundraising brings the total raised…

June 25, 2025The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDRSpartan Space with Panoptic:Panoptic: DeFi-native options trading using Uniswap V3 — no market makers, no expirations.Trading strategies focus on fee generation and capital preservation, not just speculation.Strangles: Buying/selling a put and a call at different strike prices.Straddles: Buying/selling a put and a call at the same strike price.Risk management is key: Delta-neutral positions, capped losses, and steady yields.Perps vs. Options.New features coming soon: Backtesting tool & AI-powered trading assistants.Live now: BTC/USDC trading competition.Rosalie’s advice: Start small, stay curious, and…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum 1-day chart is shaping an intriguing technical formation that could define its next move. This setup reflects growing uncertainty in the market but also sets the stage for high-impact volatility. Ethereum Approaches Decision Point: Breakout Or Breakdown? Ethereum is currently forming a megaphone pattern, a broadening formation characterized by widening price swings and increasing volatility. This structure typically reflects market indecision, as both bulls and bears battle for control, leading to expanding highs and lows. Sharoon Gill noted on X that the widening price action…

In a 2010 Bitcointalk forum post, Hal Finney, a cypherpunk involved in Bitcoin from day one, described the way he sees the emergence of Bitcoin banks in the future. He believed that peer-to-peer Bitcoin transactions would be rare. Instead, people will use better-scaled digital cash issued by Bitcoin-backed banks.  How was Hal Finney, and what did he write about Bitcoin banks? Finney was a cypherpunk community veteran, working on various solutions that would help maintain online privacy. For years, Finney worked at PGP Corporation. He is the creator of the first reusable proof-of-work system, and he was the first person…

SPX6900 has rebounded from support after a steep drop but now faces heavy resistance. A failure to reclaim $1.42 could confirm a full bearish structure shift and deeper downside. After printing an all-time high, SPX6900 (SPX6900) experienced a dramatic decline, breaking below prior higher lows and invalidating the bullish market structure. The current bounce, while aggressive, is testing a dense confluence of resistance levels, suggesting this move could be a bearish retest rather than a true reversal. Key technical points Bearish Market Structure: Lower high and lower low now in place after trend break. Critical Resistance at $1.42: Point of…