Author: John Smith

Boyaa Interactive expanded its Bitcoin holdings to 3,670 BTC with a $33 million purchase. The acquisition solidifies the company’s vast crypto reserves as it pivots from traditional online games to a pure-play Web3 entity.  Summary Boyaa Interactive expanded its Bitcoin holdings by $33 million, bringing its treasury to 3,670 BTC at an average cost of $62,878. The Hong Kong-listed gaming firm exceeded shareholder mandates, requiring a special disclosure for the purchase. In a press release dated August 25, Boyaa Interactive International Limited announced it had acquired approximately 290 Bitcoin (BTC) over a three-week period, spending roughly $32.9 million in internal…

The UAE has emerged as a major government Bitcoin holder, but its path was different. Its $700 million stash flagged by Arkham wasn’t bought or seized; it was mined by a facility built in six months, showcasing an industrial approach to crypto reserves. Summary Arkham identified $700M in Bitcoin held by the UAE, mined through Citadel Mining. The UAE now ranks as the fourth-largest government Bitcoin holder, behind the U.S., China, and the U.K. On August 25, blockchain intelligence firm Arkham identified a cluster of Bitcoin (BTC) addresses holding approximately $700 million in BTC, attributing them directly to the United…

Anchorage Digital is leveraging its deep institutional expertise to become a foundational partner. Its venture arm aims to co-build the next generation of on-chain infrastructure, ensuring it meets Wall Street’s rigorous standards. Summary Anchorage Digital has launched Anchorage Digital Ventures to back early-stage protocol teams with both capital and hands-on institutional expertise. The venture arm aims to co-build core infrastructure, Bitcoin DeFi, and real-world asset protocols, aligning with Wall Street standards. The move comes amid a 55% drop in crypto VC funding, as investors shift toward selective, high-quality bets in seed and early-stage rounds. On August 25, crypto custody firm…

Despite a late-week dovish signal from Fed Chair Powell that spurred a $594 million rebound, crypto funds still bled $1.43 billion overall. The outflows, however, were not uniform, revealing a divergence in investor confidence between major assets. Summary Crypto funds saw $1.43 billion in outflows last week, the largest since March, amid Fed policy concerns. Bitcoin bore the bulk of the selloff with $1 billion in redemptions, while Ethereum limited outflows to $440 million. Exchange-traded product volumes surged to $38 billion, signaling active institutional repositioning. According to the weekly report from CoinShares Head of Research James Butterfill, the substantial capital…

Grayscale has filed an S-1 with the SEC to transform its existing Avalanche Trust into a publicly traded spot ETF on Nasdaq. Summary Upon approval, the trust will be renamed the Grayscale AVAX Trust ETF and and may participate in AVAX staking under certain conditions. This move is part of Grayscale’s broader strategy to launch funds for other digital assets beyond Bitcoin and Ethereum. The filing coincides with major developments on the Avalanche network, including SkyBridge Capital’s $300M asset tokenization and Toyota Blockchain Lab’s MON prototype for global mobility solutions. Grayscale has filed an S-1 registration statement with the U.S.…

Solana price has dropped below $200 after a sharp rejection at $213, now hovering around the $195–$198 support. Will this support hold or could SOL slip further? Summary Solana price dropped below $200 following a sharp rejection at $213, after rebounding from a higher low at $175. Price currently trades at $195 as short-term technicals point to a risk of a deeper retracement. Derivatives data shows a slight short-term bearish bias, although top traders remain strongly long, suggesting confidence in a potential rebound. Solana (SOL) price is at a critical pivot point after dropping below $200 following a sharp rejection…

Cardano and Ripple are moving closer to a strategic partnership that could bring XRP integration into Cardano’s ecosystem, inflicting a major shift in blockchain interoperability efforts. Summary Charles Hoskinson revealed discussions with Ripple CEO Brad Garlinghouse about adding XRP to Cardano’s ecosystem. Cardano’s multichain Lace wallet will support XRP by late 2025. Analysts see this alliance as a way for both networks to expand utility, liquidity, and cross-chain adoption. Charles Hoskinson, co-founder of Cardano (ADA), disclosed during a recent AMA session that he had a “great conversation” with Brad Garlinghouse, chief executive officer of Ripple, regarding the potential integration of…

Former Binance CEO and founder Changpeng “CZ” Zhao calls Central Bank Digital Currencies “outdated” in the face of stablecoin acceleration. What happened to CBDCs and why are they fading now? Summary CZ says central bank digital currencies are now “outdated” as stablecoins continue to dominate the global market. So far, at least 10 countries have halted the continuation of CBDC pilot projects due to lack of demand and other factors. During his keynote speech at the WebX conference held in Tokyo, Japan on August 25, CZ highlighted how countries have shifted their stance towards digital currencies, particularly in the case…

Blockchain messaging protocol LayerZero has secured the $110 million acquisition of cross-chain platform Stargate after a heated, last-minute bidding war. Summary LayerZero won Stargate’s $110M acquisition with 95% DAO approval. Stargate stakers to receive 50% of revenue; rest goes to ZRO buybacks. Community chose LayerZero over rival bids from Wormhole, Axelar, and Across. With one of the highest participation rates in its history, the Stargate (STG) DAO approved the acquisition on with a 95% majority vote. Over 7.5 million veSTG tokens were cast by more than 15,000 addresses. As part of the agreement, the DAO was shut down, and governance…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP rallies above $3.20, but 5 altcoins with stronger backing and breakout potential could outpace it in 2025. Summary Ripple reclaims $3.20, but LILPEPE’s $20.5m presale and Layer-2 tech hint at 50x gains. Little Pepe’s audit, Layer-2 memecoin ecosystem is drawing investors. With $20.5m raised and exchange listings ahead, Little Pepe could outpace Ripple in 2025. Ripple’s rebound above $3.20 with an 8% rally is making headlines. But it’s far from the only major opportunity in today’s crypto market.…