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blockonomi.com Largest ETH Holder? BitMine Now Commands $4.96B in Ethereum Reserves

TLDR: BitMine now holds 1.15M ETH worth $4.96B, the largest Ethereum treasury and third biggest crypto treasury worldwide. ETH holdings jumped $2B in one week, rising from 833K tokens to over 1.15M, according to company data. Supported by ARK’s Cathie Wood and other major investors, BitMine aims to control 5% of all ETH in circulation. [...] The post Largest ETH Holder? BitMine Now Commands $4.96B in Ethereum Reserves appeared first on Blockonomi.

blockonomi.com Metaplanet’s Bitcoin Holdings Hit $1.85B After Fresh 518 BTC Purchase

TLDR: Metaplanet purchased 518 BTC for $61.4M at $118,519 per coin, continuing its aggressive Bitcoin acquisition strategy. The company now holds 18,113 BTC with a total acquisition cost of $1.85B and an average price of $101,911 per coin. BTC Yield for Q3 2025 to date stands at 26.5%, reflecting steady growth despite recent market volatility. [...] The post Metaplanet’s Bitcoin Holdings Hit $1.85B After Fresh 518 BTC Purchase appeared first on Blockonomi.

bitcoinist.com Bullish Cryptocurrency Exchange Expands IPO Plans To $5 Billion

Peter Thiel-backed cryptocurrency exchange Bullish has announced a significant increase in the size of its initial public offering (IPO), aiming to raise approximately $990 million.  According to a recent filing with the US Securities and Exchange Commission (SEC), the company plans to offer 30 million shares priced between $32 and $33 each, targeting a market […]

bitcoinist.com Братья Уинклвоссы инвестируют BTC в майнинговый проект, связанный с Трампом

Согласно отчету Bloomberg, близнецы-биткоин-миллиардеры Кэмерон и Тайлер Уинклвоссы вложили деньги в новое майнинговое предприятие, имеющее прямые связи с семьей Трампа. Компания American Bitcoin Corp., связанная с Эриком Трампом и Дональдом Трампом-младшим, была создана ранее в этом году. Сумма, которую вложили близнецы, не разглашается. Однако генеральный директор Hut 8 Corp. Ашер Генут подтвердил, что их вклад […]

news.bitcoin.com Stablecoins Dominate Digital Asset Transactions in Sub-Saharan Africa, Surpassing Bitcoin

A study revealed that stablecoins represented 43% of cryptocurrency transactions in Sub-Saharan Africa in 2024, significantly outpacing bitcoin’s 18.1% share. Transaction Growth and Nigerian Dominance According to a study, stablecoins accounted for 43% of cryptocurrency transactions in Sub-Saharan Africa (SSA) in 2024, more than double that of bitcoin (18.1%). Nigeria and South Africa lead the […]

blockonomi.com Hong Kong’s OSL HK to Open Solana Trading for Retail Investors After SFC Approval

TLDR: OSL HK will open Solana trading for retail investors starting August 11 with flash and pro trade options. The move marks Solana as the fifth token approved for retail trading in Hong Kong by the SFC. Trading pairs include SOL/HKD and SOL/USD, with deposits and withdrawals already available. OSL HK offers institutional-grade security with [...] The post Hong Kong’s OSL HK to Open Solana Trading for Retail Investors After SFC Approval appeared first on Blockonomi.

bitcoinist.com Strategy Continues Bitcoin Buying Spree—Scoops Up Another 155 BTC

Michael Saylor’s Strategy has announced a fresh expansion of its Bitcoin treasury, with another 155 BTC being added to its holdings. Strategy Has Completed Another Bitcoin Acquisition In a new post on X, Strategy co-founder and chairman Michael Saylor has revealed the latest purchase completed by the company. The buy, involving a sum of 155 […]

blockonomi.com Cloud Mining A Comprehensive Guide-3 Best Bitcoin Cloud Mining Platforms of 2025

What is cloud mining? Cloud Mining is the process of cryptocurrency mining that utilizes a remote data center with shared processing power. Mining cryptocurrencies via the cloud is an ideal way to use the power of specialized mining equipment without having to own or maintain the hardware yourself. This approach can help you save time and [...] The post Cloud Mining A Comprehensive Guide-3 Best Bitcoin Cloud Mining Platforms of 2025 appeared first on Blockonomi.

news.bitcoin.com The Smarter Web Company Acquires 295 Bitcoin, Boosting Total Holdings to 2,395 BTC

The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF | FRA: 3M8), a London-listed firm, has announced the acquisition of an additional 295 BTC as part of its “10 Year Plan,” which includes a treasury policy focused on bitcoin accumulation. The purchase was made at an average price of £89,000 per bitcoin (approximately $119,412), totaling […]

blockonomi.com Sui Price Setup Points to Potential Breakout Targets Above $7

TLDR: Sui price forms a bullish cup-and-handle pattern followed by a symmetrical triangle on higher timeframes. Analyst Alex Clay targets $7.9, $9.75, and $11.7 if SUI breaks out from its tightening consolidation zone. Compression inside the triangle suggests volatility could spike once price breaks resistance or support. SUI trades at $3.69, down 5.05% in 24h [...] The post Sui Price Setup Points to Potential Breakout Targets Above $7 appeared first on Blockonomi.

blockonomi.com Core Ventures Launches BTC-FI Accelerator to Empower the Next Wave of Bitcoin DeFi Builders

Core Ventures, a Bitcoin-driven venture fund has launched a new accelerator program, BTC-FI – an accelerator designed to spur innovation at the intersection of Bitcoin and decentralised finance (DeFi) This 14-week remote accelerator offers up to $100k in funding, hands-on mentorship, and access to a vast industry network to help founders scale from Day 1. [...] The post Core Ventures Launches BTC-FI Accelerator to Empower the Next Wave of Bitcoin DeFi Builders appeared first on Blockonomi.

blockonomi.com NEOS Files for High-Income Ethereum ETF as Market Heats Up

TLDR: NEOS seeks SEC approval for a high-yield Ethereum ETF using options strategies on spot ETH ETFs. The ETF will use indirect exposure to Ethereum to generate higher returns at increased investment risk. Filing comes as ETH ETFs see heavy inflows, briefly outpacing Bitcoin ETF demand two weeks ago. NEOS already runs a similar Bitcoin [...] The post NEOS Files for High-Income Ethereum ETF as Market Heats Up appeared first on Blockonomi.

news.bitcoin.com Metaplanet Acquires 518 Bitcoin, Boosting Total Holdings to 18,113 BTC Valued at $1.85 Billion

Metaplanet Inc. (Tokyo Stock Exchange: 3350) has announced the acquisition of an additional 518 bitcoin as part of its ongoing Bitcoin Treasury Operations, with an average purchase price of 17,540,861 yen per bitcoin (approximately $118,519), totaling approximately 9.086 billion yen (around $61.4 million). This latest purchase increases the company’s total bitcoin holdings to 18,113 bitcoin, […]

bitcoinist.com South Korean Investors Shift To Crypto-Related Stocks Amid Stablecoin Push – Report

South Korean retail investors have recently shifted their focus when investing in overseas stocks, moving from US big tech stocks to crypto-related equities amid growing global interest in the sector. Related Reading: The White House Just Shook Up Crypto Policy — But Who Is Patrick Witt? South Korean Investors Turn To Crypto Stocks Over the […]

blockonomi.com Could MAGACOIN FINANCE Be the Top Gainer of the 2025 Bull Run? Kaspa and XRP Comparisons Say Yes

As the crypto market prepares for what many expect to be a defining 2025 bull run, analysts are already zeroing in on a handful of altcoins that could outperform even last cycle’s best performers. Kaspa (KAS), which surged over 18,000% between 2022 and 2023, and XRP, currently gaining institutional traction despite regulatory headwinds, are two [...] The post Could MAGACOIN FINANCE Be the Top Gainer of the 2025 Bull Run? Kaspa and XRP Comparisons Say Yes appeared first on Blockonomi.

blockonomi.com Largest ETH Holder? BitMine Now Commands $4.96B in Ethereum Reserves

TLDR: BitMine now holds 1.15M ETH worth $4.96B, the largest Ethereum treasury and third biggest crypto treasury worldwide. ETH holdings jumped $2B in one week, rising from 833K tokens to over 1.15M, according to company data. Supported by ARK’s Cathie Wood and other major investors, BitMine aims to control 5% of all ETH in circulation. [...] The post Largest ETH Holder? BitMine Now Commands $4.96B in Ethereum Reserves appeared first on Blockonomi.

news.bitcoin.com Stripe Quietly Building ‘Tempo’ Blockchain With Paradigm’s Backing: Report

A newly published report says fintech heavyweight Stripe is quietly crafting a payments-driven blockchain dubbed “Tempo” in collaboration with cryptocurrency venture capital firm Paradigm, according to a job listing and people with knowledge of the project. Sources: Stripe Is Developing a Blockchain Forbes reported that the Aug. 3 posting, shared through the Blockchain Association, described […]

blockonomi.com Cardano Price Builds Toward $2 Target with Bulls Testing $0.83 Line

TLDR: Cardano price trades near $0.775, with bulls repeatedly testing $0.83 resistance. ADA’s $0.70 support has held firm, forming higher lows since June 2023. A breakout above $0.83 could send Cardano toward the $1 and $2 targets. Weekly chart consolidation suggests strong potential for a major price move. The market for Cardano has been tightening. [...] The post Cardano Price Builds Toward $2 Target with Bulls Testing $0.83 Line appeared first on Blockonomi.

bitcoinist.com Kazakhstan: Government Raids End $16 Million Crypto Mining Power Theft

Kazakhstan’s Financial Monitoring Agency (AFM) and National Security Committee (KNB) have uncovered an illegal crypto mining scheme that siphoned more than $16 million worth of electricity to mining farms. Kazakhstan Agencies Clamp Down On Illegal Crypto Mining  According to a statement released today, Kazakh financial and law enforcement authorities dismantled a large-scale operation in East […]

ambcrypto.com Bitcoin, Ethereum lead $1.57 billion surge after U.S greenlights crypto in 401(k) plans

Key Takeaways Digital asset investment products saw a $572M rebound last week, driven by Bitcoin, Ether gains, and U.S approval of crypto in 401(k) plans. Altcoins also attracted notable inflows, desThe post Bitcoin, Ethereum lead $1.57 billion surge after U.S greenlights crypto in 401(k) plans appeared first on AMBCrypto.

bitcoinist.com The Next Crypto Bull Run? Gemini Predicts the Next Cryptos to Explode

Although we’ve grown accustomed to seeing bull runs in crypto, the current rally feels extra special – because it’s driven not just by price action, but by a wave of groundbreaking pro-crypto developments happening outside the charts. Over the past month alone, the U.S. has unleashed a barrage of policy announcements, including: 401(k) Crypto Access […]

news.bitcoin.com Crypto Miners Drained Enough Power to Light up a City — Kazakhstan Cracks Down

Authorities in Kazakhstan have uncovered a scheme involving electricity companies illegally supplying power to cryptocurrency miners. Violations of Digital Mining Laws Authorities in Kazakhstan recently busted electricity companies accused of illegally supplying power to cryptocurrency miners. According to a statement, the Department of Financial Monitoring (DFM) for the East Kazakhstan region, along with the National […]

bitcoinist.com Paxos Applies To Establish National Trust Bank In The United States–Reuters

New York-based stablecoin developer Paxos Trust Company, has announced its intention to apply for a national trust bank charter in the United States, as reported by Reuters on Monday.  Paxos Joins Ripple And Circle In Pursuit If granted by the US Office of the Comptroller of the Currency (OCC), the charter would empower Paxos to […]

ambcrypto.com Is Bitcoin a 'perfect asset' with a catch? Willy Woo has this to say about the risk...

Key Takeaways While Bitcoin continues to attract institutional interest, experts like Willy Woo believe that ETF and corporate holdings could leave the asset vulnerable to centralized control. The post Is Bitcoin a 'perfect asset' with a catch? Willy Woo has this to say about the risk... appeared first on AMBCrypto.

news.bitcoin.com Malaysia Central Bank Paper Sparks Debate by Naming XRP and BTC as Monetary Alternatives

A recent working paper from the Central Bank of Malaysia has identified XRP and bitcoin as potential alternatives to traditional monetary and payment systems. Digital Assets Could Replace Bank Deposits A recent working paper from the Central Bank of Malaysia (CBM) has identified XRP alongside bitcoin ( BTC) as potential “alternatives to the current monetary […]

bitcoinist.com Ethena (ENA) Price Jumps 150% In A Month as TVL Hits $10B And Golden Cross Fuels Bullish Outlook

Ethena (ENA) has experienced notable growth in the cryptocurrency market, recording a 150% increase over the past 30 days and rising by 40% during the previous week. The explosive growth coincides with the protocol’s Total Value Locked (TVL) surpassing $10 billion for the first time, driven by surging adoption of its synthetic dollar, USDe, which […]