Month: August 2025

BitMine Becomes World’s 2nd Largest Crypto Treasury With $6.6B

Tom Lee’s BitMine Immersion Technologies announced on Monday that it has become the second-largest crypto treasury in the world, behind Michael Saylor’s Strategy. The firm updated its Ether holdings figures to 1.52 million ETH worth around $6.6 billion. Even with the asset’s retreat, that huge stash is worth more...
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Scott Bessent Says Genius Act ‘Essential’ To Secure US ‘Leadership’ In Digital Assets, Says It Will Boost Dollar Access For Billions

Treasury Secretary Scott Bessent backed the implementation of the GENIUS Act on Monday, also known as the stablecoin bill, citing its potential to secure “American leadership” in digital assets.  Bessent Says Stablecoins Would Expand Dollar Access In an X post, Bessent highlighted the role of stablecoins in expanding dollar access globally and...
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LINK Jumps 18% Weekly: What’s Driving Chainlink to a 6-Month Peak?

TL;DR Chainlink breaks multi-month resistance with volume, pushing the price above $25 and nearing the key $29 level. Whale wallets added 1.1 million LINK this week, showing strong confidence despite minor pullbacks. Chainlink leads RWA development with new ETF data feeds, boosting its institutional adoption narrative. Breakout Clears Long-Term...
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15-Week Crypto Inflow Streak Ends with a $223M Shock Withdrawal

The crypto asset investment market experienced its first weekly outflows in over three months, according to the latest data released by CoinShares, a leading European asset manager specializing in cryptocurrencies. The firm’s weekly report shows that digital asset investment products recorded net outflows of $223 million during the past...
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Strategy and Metaplanet Now Control 3.1 Percent of Bitcoin’s Total Supply

Two of the most aggressive corporate Bitcoin buyers, Strategy and Metaplanet, have ramped up their holdings once again, taking their combined stash to nearly 3.1 percent of the total Bitcoin supply. As public companies continue treating Bitcoin as a strategic asset, the supply picture is quietly shifting in real...
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Bitcoin Sees $552M Inflows, But Ethereum’s Haul Is 5 Times Larger

Last week, digital asset investment vehicles recorded $3.75 billion in inflows, their fourth-highest figure historically, in what appears to be a recovery from the subdued momentum of previous weeks. Interestingly, the surge was almost entirely tied to iShares and one particular product under its umbrella. With market prices pushing...
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