Author: Yeek.io

Quick take: Hemi offers a programmability layer that blends Bitcoin’s security features with Ethereum-style smart contracts. The company plans to use the fresh capital for further ecosystem build-out. The funding brings the total raised by Hemi to $30 million, ahead of its upcoming token generation event. Bitcoin programmability layer, Hemi, has raised $15 million in a funding round co-led by YZi Labs (formerly Binance Labs), Republic Digital, and HyperChain Capital. The fundraising also attracted participation from Breyer Capital, Big Brain Holdings, Crypto.com, DNA Fund, Selini Capital, Protein Capital, Quantstamp, and Web3.com, The Block reported. Hemi offers a programmability layer, dubbed…

Ethereum treasury firm SharpLink continues to accelerate its ETH purchases, accumulating a $3B treasury. Summary SharpLink’s Ethereum reserves rose to almost 800,000, valued at $3.6 billion Over the last week, the company raised an additional $360.9 million for ETH purchases The company still has $200 million in cash reserves for buying ETH SharpLink continues to aggressively accumulate Ethereum (ETH). On Tuesday, August 26, SharpLink announced an update for the week ending on August 24. During the week, the company raised $360.9 million in net proceeds through its at-the-market share sales. The company also acquired 56,533 ETH in that period, at…

Key Takeaways Dogecoin whales added 1.35 billion DOGE, anchoring support at $0.20. With 66% of accounts short and leverage stacked near $0.22, DOGE looked primed for a bear-trap squeeze that could push toward $0.25. Dogecoin [DOGE] rose 0.96% off the $0.18 base, holding $0.20. Even with three fresh lower lows in August, price action kept snapping back, hinting at a stubborn bid wall that refused to give way. Naturally, that gave DOGE a technical edge. In a choppy tape where even Ripple [XRP] has rolled over 3.65% on the month, slipping under the key $3 level, DOGE’s structural resilience looks…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In web3 and AI, it’s easy to get swept up in the surface spectacle — the next-gen tech stack, the hottest new token, the latest LLM benchmark. Founders pitch these like talismans, as if the right framework will carry them over every chasm. But here’s the truth every long-term investor learns: the real leverage in a startup has never been the technology. It’s always been people. Summary People, not tech, drive innovation — technology is just a…

New Ethereum treasury firm ETHZilla hopes to boost its share price with a major stock buyback. Summary ETHZilla announced a $250M stock buyback to boost its share price Firm holds 102,237 ETH, worth about $489 million The company has $215 million in cash holdings More firms are publicly embracing the crypto treasury strategy. On Monday, August 25, the recently rebranded ETHZilla approved a $250 million stock buyback in an effort to strengthen its share price. In addition, the firm revealed it has total holdings of 102,237 ETH, valued at about $489 million. ETHZilla will repurchase stock until buying up to…

WORLD3, a newly launched project offering Web3-native AI agents, is gaining serious traction after a successful TGE on Binance Alpha. The project has secured multiple CEX listings, and its token WAI appears to be gearing up for another surge. Summary WORLD3 offers 24/7 Web3-native AI agents that analyze real-time on-chain data and suggest personalized Web3 strategies, from play-to-earn games to yield opportunities. WORLD3’s native token launched its TGE on Binance Alpha on August 12 and has since secured listings on multiple major centralized exchanges. WORLD3’s native token WAI is gaining traction following its highly successful TGE on Binance Alpha and…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure While Bitcoin’s price faced heightened bearish pressure in the last few days, Ethereum’s price experienced significant upside action, which led to a new all-time high during the weekend. In addition to outperforming Bitcoin in terms of price action, ETH is demonstrating notable on-chain activity when compared to BTC. Bitcoin Is Lagging Behind Ethereum Ethereum’s strength is becoming increasingly evident in the current bull market cycle, with new on-chain data highlighting its edge over Bitcoin. CryptoMe, a market expert, has outlined a key metric that underscores the disparity…

Key Takeaways FARTCOIN’s price crashed in the last 24 hours. Among the factors leading to this change were whales and Smart Money sales. Still, leveraged shorts peaked. On the 26th of August, the crypto market crashed, led in part by memecoins, DeFi and AI tokens. Fartcoin [FARTCOIN] dropped the hardest, plummeting about 19% at the time of writing, per CoinMarketCap. On a monthly scale, the decline was over 40%. This meant that the memecoin wiped all the profits gained last week after the Fed’s positive news on rates cut. The sentiment has been slightly shifting for FARTCOIN since the hints…

Wall Street investor Tom Lee says that Ethereum is due to bottom near $4,300 within the next few hours before bouncing back to higher levels. This coincides with BitMine’s recent 4,781 ETH buy. Summary BitMine Chair and Wall Street analyst Tom Lee predicts that Ethereum will bounce back after hitting $4,300. Lee’s post coincides with BitMine’s recent purchase of 4,781 ETH, bringing its total holdings to around 1.72 million ETH. In a recent post, Fundstrat managing partner and BitMine Immersion Chair Tom Lee shares insights from Managing Director Mark Newton who predicted that Ethereum (ETH) is set to “bottom out…

After a turbulent four years since the explosive rally of 2021, the Ethereum price looks ready to set new all-time highs. Mainly, the targets to trigger the next altcoin season have been set above the $5,000 level, where it seems most of the bullish pressure has been waiting. So far, Ethereum has yet to break this major target, but a machine learning algorithm has predicted that this level will be surmounted within a very short timeframe. Ethereum Price To Finally Beat $9,000 The machine learning algorithm of the CoinCodex has placed Ethereum above the $5,000 mark very soon. The 5-day prediction, which…