Author: Yeek.io

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…

SPX6900 jumps 18%, but are whales quietly exiting while everyone else piles in for the ride? Unless $1.2 holds as support, SPX risks a pullback to $0.95 despite short-term bullish momentum. After dropping to a low of $0.92, SPX6900 [SPX] bounced back with a retest of the critical $1 support level. Naturally, this rebound came as broader crypto sentiment improved following the cooling of geopolitical tensions. In sync, SPX clawed back, marking a sharp upswing. SPX6900 Futures wake up as prices surge Riding this recovery wave, SPX soared to a local high of $1.26 before easing slightly. At press time,…

DeFi Development Corp, the first public company focused on accumulating and compounding Solana (SOL), has announced a new validator partnership with the Dogwifhat (WIF) community. The partnership will see the launch of a dedicated Dogwifhat validator on the Solana blockchain.The collaboration brings together institutional-level infrastructure and one of the most active memecoin communities on Solana. DeFi Dev Corp and WIF Unite for Solana Validator PushAccording to the company, it will handle all technical operations, infrastructure, and performance management. Both parties will jointly promote the validator and seek stake delegations, including through an application to the Solana Foundation Delegation Program. 1/…

Aptos Labs and Jump Crypto are teaming up to launch a new decentralized hot storage network dubbed ‘Shelby.’ In an announcement posted on X, the Aptos Labs team said Shelby will be web3’s first cloud-grade infrastructure and will offer access to decentralized, monetizable storage for data-rich applications.  Shelby is designed to tap into Aptos (APT) to address the gap in existing decentralized infrastructure protocols, with its chain-agnostic architecture offering sub-second reads. Apart from millisecond settlement, Shelby ensures ease of access and monetization. On why they are building the new cloud-grade storage protocol, Jump Crypto wrote on X: “While blockchains today…

DIA, a company that provides trustless oracle services for DeFi and real-world assets (RWA), has launched a new mainnet staking program and a multichain initiative called “Oracle Grants.” Thanks to partnerships with over 15 blockchains, DIA’s Oracle Grants Program helps projects by covering the cost of using oracles for up to 12 months.It means developers on popular networks like Arbitrum and Avalanche, and even newer chains like Somnia, can access DIA’s reliable and fully on-chain oracle services (called Lumina) for free right away. DIA first tested its grant program on Arbitrum with an “Oracle Gasdrop” funded by 30,000 ARB tokens…

Blockchain records are designed to be immutable—once a transaction is confirmed, it cannot be reversed or deleted. This unchangeable nature is a cornerstone of Ethereum’s capability to power DeFi. Its biggest innovation, smart contracts, ensure a trustless system because it can guarantee that no single authority can alter the transaction history. So for Ethereum, this immutability is a strength. But in practice, it also presents a challenge. As scams and hacks continue to plague the DeFi sector, there is growing debate over whether Ethereum should support some form of “undo” mechanism—similar to features found in traditional digital systems. Essentially, transactions…

Quick take: Mastercard also announced partnerships with Fiserv, PayPal and Paxos’ Global Dollar Network as part of the Mastercard Move and the Mastercard Multi-Token Network. The company will now support FIUSD through Mastercard products and services, including on/off-ramping, merchant settlement, and stablecoin-powered card issuance. The partnerships enable the company to expand how 3.5 billion cards around the world can engage with crypto. Mastercard, Inc. (NYSE: MA) has announced multiple partnerships with some of the leading players in the crypto industry. The global payments giant announced a partnership with the blockchain interoperability platform Chainlink, enabling more than 3 billion Mastercard holders…

The overall crypto market cap rose 2.3% as traders hoped for de-escalation in the Middle East. Crypto markets saw notable gains on Tuesday, with Bitcoin (BTC) leading the rally. On Tuesday, June 24, Bitcoin climbed 5.3%, rising back above $105,000. Altcoins performed even better, posting double-digit gains, with the total crypto market cap up 5.19%. Ethereum (ETH) was among the strongest performers, up 11.33%. Altcoins also saw big gains, with XRP (XRP) up 10.15%, Solana (SOL) rising 9.61%, and Cardano (ADA) up 9.4%. Memecoins like Dogecoin and Shiba Inu also saw strong growth, nearing double digits. The most likely catalyst…