Trump’s ‘Bela’ Post Fuels Meme Token Rally, Circle Launches Stablecoin Blockchain, Tom Lee Bets $5 Billion On Ethereum —Crypto This Week
Posted On August 24, 2025
The past week has been a rollercoaster ride in the world of finance and cryptocurrency. From the launch of a new blockchain by Circle Internet Group Inc to a massive Ethereum bet by Tom Lee, there’s a lot to unpack.
Let’s dive into the top stories of the week.
Circle Unveils New Blockchain For Stablecoins
Circle Internet Group Inc. has launched a new blockchain, Arc, specifically designed for stablecoin finance. Alongside this, the company introduced instant cross-chain liquidity via Circle Gateway. Despite these product announcements, the company’s shares took a hit in early trading on Tuesday.
Tom Lee’s $5 Billion Ethereum Bet
Tom Lee, Fundstrat co-founder …