Author: Yeek.io
The Nasdaq-listed SharpLink Gaming is doubling down on its Ethereum treasury strategy with yet another major purchase. SharpLink Gaming has announced the addition of another 12,207 ETH (ETH) to its growing Ethereum holdings, spending approximately $30.67 million at an average price of $2,513 per token. The purchase follows a much larger buy just over a week earlier, when the firm acquired around 176,270.69 for approximately $463 million. With the latest acquisition, SharpLink’s total ETH holdings now stand at 188,478, making it the largest publicly traded Ethereum holder in the world and the second-largest holder globally. SharpLink Chairman Joseph Lubin emphasized…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum whales have been very active lately, suggesting that the recent Ethereum price decline could have been driven by these large holders. This is especially important now that the altcoin’s price has been driven toward new monthly lows and selling pressure continues to mount. If these whales do not let up anytime soon, then it could be the trigger for the Ethereum price to lose the $2,00 support. ETH Whale Volumes Surge 55% According to data from IntoTheBlock, the Ethereum whales have roused from their recent slumber…
U.S. spot Bitcoin exchange-traded funds neared a two-week inflow streak on Tuesday, as geopolitical tensions eased and institutional interest continued to drive demand. According to data from SoSoValue, the 12 U.S. spot Bitcoin ETFs drew a combined $588.55 million in inflows on June 24. This marked the strongest single-day performance in over a month and extended the current streak of consecutive inflows to 11 days, totaling more than $3.3 billion. BlackRock’s IBIT led the day with $436.32 million in inflows, accounting for nearly three-quarters of the total. Fidelity’s FBTC and ARK Invest’s ARKB followed with $85.16 million and $43.85 million,…
Pudgy Penguins’ Nasdaq spotlight has ignited fresh bullish momentum in PENGU price, pushing the token toward a potential breakout from a months-long bullish pattern. Pudgy Penguins (PENGU) mascot recently stole the spotlight alongside VanEck at the Nasdaq opening bell ceremony, which took place on June 23 at the Nasdaq MarketSite in Times Square, New York. At the ceremony, Matthew Sigel, VanEck’s Head of Digital Assets Research, rang the bell, while Pengu’s presence was a symbolic nod to crypto’s growing mainstream acceptance. The appearance at the ceremony comes amid a wave of momentum for Pudgy Penguins, including the recent launch of…
Gaming blockchain Oasys officially announces their South Korean arm, expanding its operations into the East Asian region with a planned second phase. In a recent press release, the Animoca Brands-backed firm has established its new arm in order to expand its operations into the Korean region. One of the company’s partners “with deep expertise in the Korean market,” which will be tasked with operating the chain in Korea. “The establishment of Oasys Korea is more than a corporate announcement. It is a defining moment that sets the tone for Oasys Phase 2, where real-world value meets scalable blockchain infrastructure,” wrote…
Aptos is trading at $4.85, up roughly 10% in the past 24 hours, as bulls try to regain control following a period of consolidation. The recent uptick appears supported by improving network fundamentals and a shift in sentiment. According to DeFiLlama data, the network’s on-chain growth has been accelerating. Monthly decentralized exchange volume on Aptos (APT) has climbed steadily, from $690 million in January to $2.9 billion in May. It has already surpassed $3.46 billion with 6 days remaining in June. At the same time, the total stablecoin market cap on the network has more than doubled, rising from about…
NEWT, the native token of the ZK-powered automation layer Newton Protocol, experienced a sharp price drop following its listing on major cryptocurrency exchanges, including Binance and Bitget. On June 24, NEWT was officially listed on Binance, marking the token’s Token Generation Event. It was quickly followed by spot listings on Coinbase, Bybit, Upbit, MEXC, Gate.io, KuCoin, Bithumb, and Bitget. The TGE established a fixed total supply of 1 billion NEWT tokens. Of this, 100 million NEWT was allocated to early users of the Kaito/NEWT ecosystem, including snapshot participants and active users on partner platforms. This airdrop, managed by the Magic…
Truth Social operator, Trump Media and Technology Group Corp, has filed a Form 19b-4 to list the Truth Social Bitcoin and Ethereum ETF on NYSE Arca. According to a June 24 filing with the U.S. Securities and Exchange Commission (SEC), the ETF, proposed under the ticker symbol B.T., would hold 75% of its assets in Bitcoin and 25% in Ethereum. The product is structured as a commodity-based trust, with Yorkville America Digital named as sponsor and Crypto.com’s affiliated trust entity, Foris DAX Trust Company, acting as custodian for both crypto assets. The ETF aims to provide a simplified, single-ticker exposure…
Coinbase helped the U.S. Secret Service trace and recover $225 million in USDT tied to pig butchering scams in one of the largest crypto seizures in the agency’s history. According to a June 24 blog post, the exchange supported the multi-agency investigation by analyzing onchain fund flows and helping identify scam victims for restitution. As previously reported by crypto.news, the Department of Justice filed an enforcement action to seize the funds on June 18, following a month-long investigation into fraud networks operating across Southeast Asia. The funds were originally frozen in late 2023 by stablecoin issuer Tether, which blocked 39…
A potential DOGE rally could occur if the memecoin closes a daily candle above the $0.17 level. On-chain metrics revealed that exchanges have recorded an outflow of over $18.34 million worth of DOGE. Amid the ongoing geopolitical tensions, Dogecoin [DOGE] appears highly volatile. According to the daily chart, the memecoin recently recorded a price surge of over 7% but has now plummeted and is poised to continue this decline. The reason behind this notable volatility is the declaration of a cease-fire by U.S. President Donald Trump between Israel and Iran, which initially gave a notable boost to the overall financial…