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Author: John Smith
Ethereum has broken out of its week-long slumber, posting fresh gains as whales and institutions double down. SharpLink, one of the largest public holders of ETH has increased its stack with a fresh buy, offering a boost to price. Summary Ethereum is trading above $3,900, up 7% in 24 hours. ETH-focused treasury company SharpLink bought another 22,000 ETH. Whales are doubling down on ETH acquisition, reversing the bearish pattern flagged earlier this week. According to crypto.news data, Ethereum (ETH) has climbed roughly 7% in the past 24 hours. It now trades slightly above $3,911, marking a clean breakout from the…
Gemini co-founders Cameron and Tyler Winklevoss have made an undisclosed investment in American Bitcoin Corp., a mining firm partly owned by US President Donald Trump’s sons Eric and Donald Jr. Summary Cameron and Tyler Winklevoss invested an undisclosed amount in American Bitcoin Corp., partly owned by Eric and Donald Trump Jr. The investment was part of a $220 million private placement that included both cash and Bitcoin. American Bitcoin plans to go public via a merger with Gryphon Digital Mining in early September. Speaking to Bloomberg, Hut 8 CEO Asher Genoot said the investment formed part of a private placement…
Ethereum co-founder Vitalik Buterin has voiced support for public companies holding Ether as part of their treasuries, while cautioning against the dangers of excessive borrowing. Speaking in a Bankless podcast interview on Aug. 7, Buterin said that so-called Ethereum (ETH) treasury firms provide “valuable services” by giving more investors indirect access to the asset. He noted that companies choosing to hold shares in treasury firms rather than ETH directly create “more options” for those with different financial needs, describing the trend as positive for Ethereum adoption. Are ETH Treasuries good for Ethereum?@VitalikButerin thinks they can be:“ETH just being an asset…
Bitcoin’s latest rally may be fuelled by smart money using the same mechanism that leads to short squeezes. Summary Smart money is now betting on Bitcoin, experts say Bitcoin could soon reach $123–127K, according to an analyst Fed rate cuts, ETF inflows contribute to bullish momentum Bitcoin (BTC) is up once again, and major players may be behind it. After a week of sideways movement, BTC once again reclaimed the $115,000 level, which restored short-term bullish sentiment across the crypto market. According to Bitunix analyst Dean Chen, this bullish breakout is likely driven by smart money. In commentary shared with…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin dominance dips, altcoin buzz rises, and Little Pepe may be this cycle’s breakout star. Summary Little Pepe pairs meme appeal with real L2 tech and staking rewards. Its presale gains traction as search interest spikes 500%. Crypto rotation favors altcoins, and LILPEPE may be the next breakout token. Markets move in cycles, and crypto is no different. Historically, Bitcoin ran first, setting the foundation for altcoins to explode in 2017 and 2021. And 2025 is following a…
Union Jack Oil is betting that converting gas into Bitcoin hashrate could generate early cash flow from its West Newton field, where 200 billion cubic feet of gas remains untapped due to bureaucratic delays. Summary Union Jack Oil plans to monetize stranded West Newton gas via Bitcoin mining, bypassing regulatory delays stalling traditional development. A non-binding deal with 360 Energy would use modular data centers to convert gas from the WNA-2 well into Bitcoin hashrate. In an operations update issued August 7, publicly traded UK energy company Union Jack Oil announced a preliminary agreement between field operator Rathlin Energy and Texas-based…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin’s halving nears, Pepeto stands out with utility, yield, and SHIB-like upside potential. Summary Pepeto blends meme energy with real DeFi tools and zero trading fees. At $0.000000145, Pepeto offers 250% APY and Binance listing potential. With $5.8m raised, Pepeto’s presale is accelerating ahead of Bitcoin halving. With the next Bitcoin halving on the horizon, seasoned investors are scanning the market for picks that could multiply their portfolios. Pepeto, still priced at just $0.000000145 in presale, is turning…
Chainlink is converting a portion of its fiat enterprise revenue into its strategic LINK reserve. Summary Chainlink converts its enterprise revenue to strategic reserve Revenues come from both on-chain and off-chain revenue The move will boost demand for the LINK token Chainlink (LINK) is jumping into treasury accumulation. On Thursday, August 7, the project introduced Chainlink Reserve to accumulate LINK tokens. Specifically, Chainlink will use both its on-chain revenue and enterprise off-chain revenue to accumulate its reserves. Specifically, Chainlink will allocate fiat revenue collected from enterprises, including data service and maintenance fees, toward its reserve. On-chain revenue, such as usage…
Decentraland has tested a critical support zone at the range midpoint, showing early signs of accumulation. With volume building and market structure intact, a reversal toward higher resistance is increasingly likely. Summary MANA is consolidating above key support with value area low and 0.618 Fibonacci confluence. A breakout requires a daily close above the point of control with strong volume. Structure remains bullish while support holds; upside targets HTFRS. Decentraland (MANA) has defended a key support cluster located at the midpoint of its current trading range. This zone sits between high time frame resistance and high time frame support, bolstered…
Ripple has agreed to acquire Toronto-based stablecoin payments firm Rail in a deal worth $200 million. Summary Ripple expects to close the $200 million acquisition of Rail in the fourth quarter. The acquisition will be key to Ripple’s expansion in the stablecoin payments market. Ripple, the company behind the XRP (XRP) cryptocurrency token and stablecoin Ripple USD (RLUSD), announced its acquisition of Rail on Thursday, Aug. 7, noting in a press release that the deal will bolster the company’s stablecoin payments solution. Per details Ripple shared in the announcement, the $200 million deal for Rail is expected to close in…