13 Aug 2025, 18:10

Thumzup’s Bold Bitcoin Mining Project Secures $50M Funding

BitcoinWorld Thumzup’s Bold Bitcoin Mining Project Secures $50M Funding In a significant move that signals a growing convergence between traditional media and the burgeoning digital asset space, Thumzup Media (ticker: TZUP) has made a striking announcement. The Nasdaq-listed social media marketing company recently secured a substantial $50 million in funding. This capital is earmarked for an ambitious Bitcoin mining project , planning the construction of a large-scale facility in the United States. This development positions Thumzup Media as a notable player venturing deeper into the cryptocurrency ecosystem. Thumzup’s Strategic Leap into Large-Scale Bitcoin Mining The decision by Thumzup Media to allocate $50 million towards a large-scale Bitcoin mining facility marks a strategic diversification. This significant investment highlights a growing trend among publicly traded companies recognizing the potential of direct involvement in the cryptocurrency infrastructure. Building such a facility requires substantial capital and expertise, underscoring Thumzup’s commitment to this new venture. The company aims to establish a robust operation capable of contributing significantly to the Bitcoin network’s security and processing power. This move could provide Thumzup with a consistent revenue stream, less dependent on the fluctuations of traditional advertising markets. It also demonstrates a forward-thinking approach to leveraging new technologies for corporate growth. Expanding Horizons with a Comprehensive Crypto Treasury Strategy Beyond the new Bitcoin mining project , Thumzup Media has already shown its commitment to digital assets. The company currently holds over $2 million worth of Bitcoin, a clear indication of its belief in the leading cryptocurrency’s long-term value. Furthermore, Thumzup previously announced an expansive crypto treasury strategy . This strategy involves acquiring a diverse portfolio of cryptocurrencies, including: Ethereum (ETH) XRP Solana (SOL) Dogecoin (DOGE) Litecoin (LTC) USDC (a stablecoin) This multi-asset approach suggests a nuanced understanding of the crypto market, aiming to capitalize on various segments while managing risk. A diversified digital asset investment portfolio can offer stability and growth potential in a volatile market. Navigating the Dynamics of Digital Asset Investment Entering the Bitcoin mining space and adopting a broad crypto treasury strategy comes with both opportunities and challenges. On one hand, direct involvement in mining can offer exposure to Bitcoin’s price appreciation and network fees. On the other hand, it requires significant operational expertise, energy management, and adaptation to regulatory changes. The broader market dynamics also play a role. For instance, earlier reports from Bitcoin World noted that Donald Trump Jr. sold a large holding of Thumzup stock. While this particular stock transaction is distinct from the company’s operational strategies, it reflects the ongoing interest and sometimes volatile nature of investments linked to emerging sectors like crypto, even indirectly. Thumzup’s focus remains on its core business while strategically expanding its digital footprint. What Does This Mean for Thumzup and the Crypto Market? Thumzup Media’s $50 million funding for a large-scale Bitcoin mining facility and its comprehensive crypto treasury strategy underscore a significant shift. It demonstrates that companies are increasingly looking beyond traditional revenue models to embrace the decentralized economy. This move could inspire other Nasdaq-listed entities to explore similar avenues, further legitimizing and expanding the reach of digital assets. For investors, it highlights the potential for innovative business models emerging from the intersection of social media, finance, and blockchain technology. Thumzup’s proactive steps in digital asset investment signal a future where diversified corporate treasuries and direct crypto operations become more common. Thumzup Media’s substantial $50 million raise for a Bitcoin mining project is a powerful statement of intent. Coupled with its ambitious crypto treasury strategy , the company is positioning itself at the forefront of digital asset integration. This bold step not only diversifies Thumzup’s business model but also contributes to the ongoing institutional adoption of cryptocurrencies, paving the way for new opportunities in the evolving financial landscape. Frequently Asked Questions (FAQs) 1. What is Thumzup Media’s primary business? Thumzup Media (ticker: TZUP) is a Nasdaq-listed social media marketing company. Its primary business involves services related to social media advertising and promotion. 2. What is the purpose of the $50 million funding? The $50 million funding is specifically earmarked for the construction and development of a large-scale Bitcoin mining facility located within the United States. 3. What does Thumzup’s crypto treasury strategy entail? Thumzup’s crypto treasury strategy involves holding Bitcoin and plans to acquire a diverse range of other cryptocurrencies, including ETH, XRP, SOL, DOGE, LTC, and USDC, as part of its corporate asset management. 4. Why is a social media company entering Bitcoin mining? Thumzup is entering Bitcoin mining to diversify its revenue streams, capitalize on the growth of the digital asset economy, and potentially benefit from Bitcoin’s value appreciation and network participation. 5. Does Thumzup Media currently hold any Bitcoin? Yes, Thumzup Media currently holds over $2 million worth of Bitcoin as part of its existing crypto treasury strategy. Did you find this article insightful? Share it with your network on social media to spread the word about Thumzup’s groundbreaking move into the digital asset space! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Thumzup’s Bold Bitcoin Mining Project Secures $50M Funding first appeared on BitcoinWorld and is written by Editorial Team

13 Aug 2025, 18:07

Ethereum Wallet MetaMask Will Likely Unveil Its Own Stablecoin this Week

MetaMask, the cryptocurrency wallet that grew to popularity within the Ethereum blockchain ecosystem, is likely to unveil details of its own custom U.S. dollar-pegged stablecoin shortly, potentially as soon as this week, according to a person familiar with the matter. The MetaMask stablecoin (mUSD) was already reported to be in the works thanks to a prematurely posted governance proposal that was quickly deleted last week. After this week's potential announcement, the new dollar-pegged token will become a live asset at the end of this month, the person said. MetaMask, which has said it has over 30 million active monthly users, is working to issue its stablecoin with the help of Bridge , a firm that was acquired by fintech giant Stripe earlier this year that helps businesses integrate stablecoin payment rails, and stablecoin issuance protocol M^0 . As well as working closely with Bridge on the mUSD stablecoin, MetaMask has also enlisted the help of traditional finance alternative asset manager Blackstone to assist with custody and treasury management services for the token, the person said. MetaMask and M^0 declined to comment. Blackstone and Bridge did not immediately respond to requests for comment. Like several other large crypto platforms that hold significant amounts of user funds in the form of major stablecoins like Tether's USDT and Circle’s USDC, MetaMask’s prerogative to launch a branded stablecoin is driven by the opportunity to share in the yield of underlying stablecoin assets, usually short-term, highly liquid bonds such as U.S. Treasuries.

13 Aug 2025, 18:01

BitMine Expands Ethereum Share Sale Program by $20 Billion

Key Highlights : BitMine raises ATM share sale limit to $24.5B to buy more Ethereum. Holds over 1.15 million ETH, first to exceed 1 million in corporate treasury. Plans to invest in Bitcoin, expand mining and consulting operations. BitMine Immersion Technologies (BitMine), the world’s largest corporate holder of Ethereum, has filed with the U.S. Securities and Exchange Commission (SEC) to expand its at-the-market (ATM) share sale program by an additional $20 billion. This move will increase the share sale program’s limit from $4.5 billion to $24.5 billion, marking the third limit increase in the past month. Initially, on July 9, BitMine arranged a $2 billion share sale with Cantor Fitzgerald and ThinkEquity, followed by a limit raise to $4.5 billion on July 24, and now an increase by fivefold at once. Investment and Expansion Plans The funds raised will be primarily used to purchase additional Ethereum, invest in Bitcoin, and expand BitMine’s mining and consulting operations. At the time of the announcement, BitMine holds over 1.15 million ETH, valued at approximately $5 billion, becoming the first company to hold more than one million Ethereum tokens in its corporate treasury. Earlier this week, the company announced an additional purchase of 317,000 ETH. Market Perspectives and Leadership BitMine Chairman and Fundstrat Co-Founder Tom Lee told CNBC that Ethereum could be entering a “2017-like Bitcoin moment,” citing factors such as regulatory approval for stablecoins, SEC signals favoring blockchain-based financial instruments, and interest from major financial players like JPMorgan and Robinhood. “We may be on the threshold of the ‘Ethereum MicroStrategy’ era,” Lee said, predicting the asset’s price could reach $30,000 or more if these conditions persist. According to The Block, BitMine leads corporate Ethereum holdings, followed by SharpLink with 598,800 ETH and The Ether Machine with 345,400 ETH. The Ethereum Foundation holds 232,600 ETH, while Coinbase holds 136,800 ETH plus 11,776 BTC. At the time of writing, Ethereum, the second-largest cryptocurrency by market capitalization, trades at $4,678.45, according to TradingView.

13 Aug 2025, 18:00

XRP Ruling Sends Shockwaves Through The Financial System

The recent court ruling on XRP has proven to be more than just a legal win for Ripple. What began as a high-stakes legal battle has evolved into a precedent-setting moment that challenges long-standing interpretations of securities law. The verdict’s effects are now being felt across global markets, forcing institutions to reassess their engagement with digital assets. How The Verdict Sets A Precedent For The Crypto In an X post, John Forster noted that the recent ruling on XRP was more than a legal victory, but a structural shock to the foundations of the financial system’s status quo. The count concluded that XRP is not, in certain contexts, like a security, which has set a legal precedent that could transform how financial infrastructure is built, classified, and regulated. Related Reading: Ripple’s XRP Cannot Replace SWIFT? Expert Says This Crypto Is A Better Fit However, this is a precedent with far-reaching implications, and this ruling shifts the legal conversation by elevating functional utility and transactional purpose above the narrow lens of historical fundraising when determining asset classification. According to the expert, this shift threatens to disintermediate entrenched control over payment rails on/off ramps, which have long been a cornerstone of the legacy banking model. From the beginning, XRP was never designed as a speculative asset, but it was built as infrastructure. Furthermore, tokens designed for settlement, liquidity, and operational efficiency can now operate outside Wall Street’s traditional gatekeeping structures. By offering instant settlement, minimal transaction fees, and compliance-grade protocols, XRP has positioned itself as a credible alternative to SWIFT for cross-border payments and liquidity management. In traditional banking, the entities that control the underlying transactional rails effectively dictate the flow of value and hold the strategic high ground. The enforcement action against XRP was less about protecting investors and more about preserving regulatory and institutional dominance over these critical mechanisms of value transfer. If XRP prevails, it would establish a legal and operational framework allowing other utility-focused assets to function without being forced through the choke points of traditional capital markets. Why XRP Is Essential For Scalable Financial Solutions Ripple’s decision to fight stands in contrast to many digital asset firms that have surrendered under the pressure of protracted regulatory litigation. Ripple leadership recognized that a loss in the XRP case would have left every blockchain protocol with true settlement-grade utility exposed to regulatory suppression. Related Reading: XRP Treasury Companies Are Coming With These Firms Already Adding To Balance Sheet With substantial capital reserves and a clear strategic imperative, the company was positioned to challenge the system and defend not only its interests but also create a precedent that could empower the broader digital asset ecosystem. Amidst the legal victory, crypto expert Jack Claver has underscored XRP’s transformative power, stating it is designed to upgrade the existing financial system. While many blockchains focus on string value, XRP is built to enable real-world financial applications, creating a faster, more efficient, and transparent way to move money globally. Therefore, high-performance infrastructure is essential for this vision. Featured image from Getty Images, chart from Tradingview.com

13 Aug 2025, 18:00

Unich And The Bold Leap In Pre-TGE Token Trading

Lately, pre-TGE token trading is sparking a lot of conversations. Why? Because those trades happen ‘fast and furious.’ They’re exciting yet risky. Someone gets burned a lot of money. Unich couldn’t put up with this pain, so it’s trying to cure and heal it. Their goal? Make these trades less of a guessing game and a lot safer for everyone involved. Unich Is A Shining Pearl On Solana Unich OTC Exchange comes to life with the idea to make OTC crypto trading safer and clearer. It uses smart contracts to block the scams that plague old-school deals, especially with pre-TGE tokens.Unich is built on Solana, a blockchain known for speed and low fees. Why mention Solana? Because the blockchain itself is grabbing attention lately, with daily volumes hitting $3,4 billion ( source: Defillama) .Solana is home to some new-generation crypto stars. For example, Pumpfun and Raydium reshaped DeFi with fast, low-cost trading. At the height of the meme-coin craze, Raydium processed a staggering $16 billion in trades in a single day.Unich built their exchange on Solana for a reason. Solana’s fast, cheap, and reliable, basically everything you want when you’re moving serious crypto. It can do up to 65,000 transactions per second, fees are peanuts (less than a cent!), and trades confirm almost instantly.So for Unich users, trading feels quick and smooth, even when everyone’s jumping in at once. It delivers good user experiences and makes OTC deals feel like a quick DEX swap but with trust built in.Core Features That Solve Real OTC ProblemsOTC scams happen more often than many realize. In June 2025, over $50M disappeared in a single Telegram OTC deal. Seeing news like that really makes you pause. Traditional pre-TGE deals force buyers to pay beforehand and wait weeks or even months. If the project fails or the seller runs, the investor loses everything.We all know the pain when traders can get a feel for the potential of these assets, but they’re afraid of diving blindly into deals where scams are all too common. Unich Pre-Market tackles this problem head-on. Both buyers and sellers deposit collateral into a smart contract. The contract holds the funds until the trade completes. The platform provides info on token listing, TGE, and settlement times, so users can plan ahead.If one party fails to deliver the latter amount of the asset, the other receives their own collateral plus the defaulter’s. It’s simple, but incredibly effective. Unich Core Features Unich Pre-Market also has something one-of-a-kind: Cashout Orders. Traders can exit before TGE, swap positions, and get back part of their collateral. It’s rare in OTC trading and gives users real flexibility - cut losses, rebalance, or just step aside if things feel risky.Achievements And Milestones Speak For ThemselvesAll those features are interesting, but how much are people actually using the platform? Let’s take a look at the numbers.Unich has grown quickly in just 12 months since mainnet. The platform has handled $1.2B in OTC trades already. It has also become the first OTC exchange in the world to conquer this milestone.Of course, the numbers matter. But what’s behind those numbers is the sense of safety. Because people feel safe when trading pre-TGE tokens on this platform, they generated that huge volume.Honestly, we were surprised by how fast Unich has grown. In just a few months, they’ve already pulled in over $20 million in revenue and welcomed more than 5 million users from over 190 countries .What really stood out to us were a few numbers: Over 60 tokens are now live on Unich Pre-Market, and most of them are hidden gems with solid liquidity. Smaller projects like Switchboard and NodeGo saw about $6 million in trading volume. The big hitters, Doodles and fun , pushed trades up to $20 million .The strength of Unich is being further enforced with a large network of partnerships. Unich has also teamed up with over 40 partners in what they call the “Freedom Crypto Alliance.” Notable names like B2 Network, Pyth Network, and Redotpay are included. These partnerships help the platform expand and gain credibility in the crypto community.Before getting here, some of you might have wondered: “Is this project really doing anything?” By now, you’ve probably got the answer. The fact that Unich already has a working platform and active users is proof that they’re serious about what they’re building.Unich IDO Makes Room For What’s NextUnich is moving its way towards DeFi and granting the governance rights to users. Thus, they have started their public token sale, the Unich IDO , ahead of its token generation event.The sale offers 100 million $UN tokens , starting at $0.15 , and will gradually increase by the time. Early participants will enjoy more benefits simply for joining sooner. We deem this a quite typical yet nice motivation. UNICH World Leading OTC Exchange NFT holders get extra advantages. EGGWARD NFTs let users buy $UN at a 25% discount . They are available on Tensor, OKX NFT Marketplace, and Magic Eden . Users can also earn free NFTs through Unich events and giveaways.These benefits connect closely with the referral program , sparking users to bring friends and spread the word. The referral program rewards 11% - 8% in USDT instantly and 3% in $UN tokens on vesting.About the token UN, it is the native token of Unich OTC exchange. Every trade, fee, and Cashout order runs through it. That’s why we often say that an exchange token is a winning token.The token has shown strong demand even before major exchange listings. On Unich Pre-Market, it jumped from $0.16 to $0.80 in 24 hours and later hit $0.99 before stabilizing around $0.65-$0.75.Trading volume last week reached roughly $14 million , proving active engagement. This momentum hints at what’s possible once the TGE occurs.$UN is already accessible via Binance Wallet, OKX Wallet, and Bybit Wallet , sparking speculation about future listings. The team has also confirmed that UN will be present on top-tier CEXs, which reflects a solid guarantee for their supporters.https://www.youtube.com/watch?v=2uzEuH-uQEkOne more important thing that users care about a token is its tokenomics. UN’s tokenomics are designed with the community in mind: 80% goes to the community and ecosystem, 15% to the core team, and 5% to investors and advisors.What’s cool is that holding $UN lets you get lower fees, early access to features, staking rewards around 20–30% APY, voting power, and even a quarterly burn that trims supply. So it’s actually useful, not just a collectible.What’s worth considering (for pre-TGE gems hunters) is that the fully diluted valuation sits at $150 million , modest compared to Jupiter, Solayer, or AAVE. These reputable projects boast an average FDV of $700M - $3B . Well, this could imply that $UN is still early in its infancy, with plenty of space to attract more attention. All in all, Unich addresses long-standing OTC problems with fresh solutions. How the market responds before and after TGE will be telling. Yet, as per what we’ve observed so far, $UN has performed well as expected (about what an exchange token can do). So, in our perspective, the Unich token sale should be taken into account. Indeed, on-chain data is showing that early participants are already getting a front-row look.

13 Aug 2025, 18:00

Grayscale’s Cardano ETF Move and Record Holder Surge: Analysts Optimist on ADA’s Future

Grayscale Investments has officially registered the “Grayscale Cardano Trust ETF” in Delaware, marking a significant step toward bringing a spot Cardano ETF to market. The filing, made on August 12, 2025, reflects Grayscale’s established strategy, forming Delaware trusts before submitting formal applications to the U.S. SEC. This move comes as the SEC is already reviewing NYSE Arca’s 19b-4 filing for a spot Cardano ETF, with analysts estimating a 75% chance of approval by late August. If approved, the ETF would give institutional and retail investors an easier way to gain ADA exposure without the technical issues of crypto custody. Grayscale’s expansion into altcoin ETFs, beyond its flagship Bitcoin and Ethereum products, reflects growing institutional demand for diversified crypto investment vehicles. Record Long-Term Holders Signal Strong Investor Confidence On-chain data shows more than 15 billion ADA tokens have remained untouched for over a year, an all-time high for Cardano. This surge in long-term holding signals deep conviction among investors, even during periods of sluggish price performance. Cardano, known for its research-driven development and scalability focus, has recently gained further attention following the launch of its Midnight privacy protocol . This has strengthened its position in enterprise and privacy-focused blockchain applications, attracting fresh institutional interest. Technical indicators also suggest bullish momentum is building. ADA has recently broken through the key $0.85 resistance level, and if it sustains above this zone, analysts predict a possible rally toward $1.20, a gain of up to 48% from current levels. Regulatory Tailwinds Could Accelerate Cadano’s (ADA) Breakout The SEC’s recent approval of in-kind redemption mechanisms for Bitcoin and Ethereum ETFs has boosted market confidence in crypto ETFs overall. Combined with inter-agency regulatory initiatives like “Project Crypto,” which aim to clarify asset classifications, the environment for altcoin ETFs is becoming more favorable. If approved, the Cardano ETF could draw significant institutional inflows and boost ADA’s liquidity. With long-term holders at record highs and favorable regulatory trends, market analysts remain optimistic. Projections suggest ADA could rally past $1.50 if these factors align. Cover image from ChatGPT, ADAUSD chart from Tradingview