11 Aug 2025, 22:05

Bitmine Secures Largest Global ETH Treasury With $4.96B Holdings

Bitmine now holds the world’s largest ethereum treasury, valued at over $4.96 billion. The company’s holdings total 1,150,263 ETH tokens as of August 10, based on a price of $4,311 per token. Bitmine Boasts World’s Biggest ETH Stash Held by a Public Company This valuation marks a significant $2 billion increase from the $2.9 billion

11 Aug 2025, 22:00

Bitcoin Vs. Ethereum: Mow Sees ‘Pump-And-Dump’ Repeat

Samson Mow, a well-known Bitcoin entrepreneur and founder/CEO of JAN3, has thrown a bucket of cold water on Ethereum’s relative-strength burst versus Bitcoin, arguing the ETHBTC move is being engineered by BTC-rich Ethereum insiders rotating capital to manufacture an upside narrative around “treasury” adoption—and then unwinding it back into BTC. “Let me explain what’s happening with ETHBTC,” he wrote on X, setting up a critique of both flows and psychology. Bitcoin Maxis Laugh At ETH Pump-And-Dump He alleges a familiar rotation loop is in play: “Most ETH holders have a lot of BTC (ICO/insiders) and they are rotating that BTC into ETH to pump it on new narratives (Ethereum Treasury co’s).” Once price is where they want it, he continues, “Once they’ve gotten it high enough, they’ll dump their ETH, creating new generational bagholders, and then rotate the gains back into BTC.” The sting in the tail—“No one wants ETH in the long run. Plan accordingly.”—has ricocheted across crypto circles because it turns today’s bullish ETH tape into a distribution thesis. Price action provides the canvas for that claim. Ether is trading in the low-$4,200s intraday, having tagged ~$4,337 earlier, while the ETHBTC cross hovers around the mid-0.03s. In dollar terms, the immediate battleground is whether ETH can hold above $4,000–$4,100 and press through the $4,300–$4,430 supply pocket; in the cross, many technicians still mark ~0.04 as the first meaningful resistance that would signal durable ETH leadership if accepted on a weekly basis. With ETH’s all-time high at ~$4,878 from 2021, the market is close enough to invite the classic seller’s ambush that has capped prior runs. The psychology is precisely where Mow plants his flag. “It will be challenging for ETH to break ATHs because the closer you reach that psychological level, the stronger the drive to sell. It’s the Bagholder’s Dilemma (like the Prisoner’s Dilemma except with Sell/HODL),” he wrote in a follow-on post, arguing that proximity to landmarks like the prior high amplifies game-theory-driven profit-taking. He also waves off chart-based worries among Bitcoiners: “Bitcoiners shouldn’t be worried about ETHBTC breaking the downward trendline. Ethereum has always been a vehicle for those people to get more Bitcoin. It was true for the ICO and it’s true now.” Read in sequence with his rotation thesis, the message is that even a trendline breach on the ratio does not negate the BTC→ETH→BTC loop he believes is being run. Part of the backdrop is the fresh narrative around “ETH treasuries.” Vitalik Buterin ’s stance gives that theme a conditional tailwind. “ETH just being an asset that companies can have as part of their treasury is good and valuable… giving people more options is good,” he said—but he coupled that with an explicit caution: “If you woke me up 3 years from now and told me that treasuries led to the downfall of ETH… my guess would be that they turned into an overleveraged game.” Notably, Buterin criticized BTC treasury companies in previous comments, but is fine with ETH equivalents. Speculative heat also intensified after ConsenSys founder Joe Lubin fanned “flippening” chatter in broadcast appearance on CNBC, where he pushed the idea that treasury strategies could change ETH’s standing—“I think we may see astonishing things next year”—suggesting Ethereum could eclipse Bitcoin in market value within about a year. That mix drew a sharp retort from Mow: “Apparently they think the flippening is going to happen again. ” One X commenter captured the contrarian read with gallows humor: “You cannot make up a better ETH top signal than this. This is unobtainium in terms of top signals. Top signal dark matter.” At press time, Bitcoin traded at $119,486.

11 Aug 2025, 21:55

Bitcoin Banking Services: Block’s Revolutionary Leap for Small Businesses

BitcoinWorld Bitcoin Banking Services: Block’s Revolutionary Leap for Small Businesses Exciting news is brewing in the cryptocurrency world! Jack Dorsey’s Block has just announced a groundbreaking initiative. It’s set to transform how small businesses operate globally. Imagine a full suite of Bitcoin banking services tailored specifically for entrepreneurs embracing a BTC standard. This move signifies a major step. It integrates digital assets into mainstream commerce. It also offers a fresh perspective on financial management for the modern era. What Are Block’s New Bitcoin Banking Services? According to reports from The Bitcoin Historian on X, Block is preparing to roll out comprehensive Bitcoin banking services . This isn’t just about holding Bitcoin; it’s about providing a complete financial ecosystem. Seamless Deposits and Withdrawals: Manage Bitcoin funds with ease. Efficient Payments and Payroll: Facilitate transactions and employee compensation directly in BTC. Innovative Lending and Treasury Solutions: Access capital and manage treasury based on Bitcoin. These services aim to simplify the complexities of operating on a Bitcoin standard. They make it more accessible and practical for everyday business operations. It’s a bold vision from Jack Dorsey’s Block , empowering businesses with greater financial autonomy. Why Small Business Bitcoin Adoption is Crucial For too long, the traditional banking system has presented hurdles. This is especially true for small businesses dealing with innovative digital assets. Block’s new offering directly addresses these pain points. Reduced Fees: Bitcoin transactions can often be more cost-effective than traditional banking. Faster Settlements: Enjoy near-instant transactions, significantly improving cash flow. Global Reach: Conduct international business seamlessly, avoiding currency conversion hassles. Financial Inclusion: Provide advanced financial tools to businesses previously underserved by traditional finance. This initiative could truly unlock the potential for small business Bitcoin integration. It fosters an environment where entrepreneurs can leverage decentralized finance to their advantage. It represents a significant stride towards mainstream crypto adoption. Block Crypto Services: A Game Changer for Entrepreneurs? Block, under Jack Dorsey’s leadership, consistently leads financial innovation. Their products, like Cash App, already bridge traditional finance and crypto for individuals. Extending dedicated Block crypto services to businesses is a natural progression. This development isn’t merely about convenience. It’s about fostering a new economic paradigm. Businesses adopting a Bitcoin standard can benefit from censorship resistance and a truly global, open financial network. It could spark a wave of innovation within the small business sector. The Future of Crypto Financial Services Block’s strategic move signals a broader trend: the increasing maturation of the cryptocurrency market. As more established companies like Block enter with robust offerings, the legitimacy and utility of digital assets grow. This push towards comprehensive crypto financial services for businesses could inspire other financial institutions to follow suit. What does this mean for the future? We might see rapid acceleration in Bitcoin adoption. It could become a primary treasury asset and transactional currency for businesses of all sizes. This positions Bitcoin not just as an investment, but as a practical tool for commerce and growth. Conclusion: Empowering the Bitcoin Economy Jack Dorsey’s Block is pioneering a future where operating on a Bitcoin standard is not just feasible but advantageous. By offering a full suite of Bitcoin banking services , they are removing barriers and providing powerful tools. This initiative promises to revolutionize how entrepreneurs manage their finances. It fosters a more open, efficient, and resilient global economy powered by Bitcoin. The impact on small business Bitcoin adoption could be truly transformative. Frequently Asked Questions (FAQs) Q1: What exactly are Block’s new Bitcoin banking services? A1: Block plans to offer a full suite of financial services, including deposits, withdrawals, payments, payroll, and potentially lending and treasury solutions, all designed for small businesses operating on a Bitcoin standard. Q2: Who is Jack Dorsey’s Block, and what is their vision? A2: Block (formerly Square) is a financial technology company led by Jack Dorsey, co-founder of Twitter. Their vision is to build tools that empower economic enablement, with a strong focus on Bitcoin as a key component of the future financial system. Q3: How will these Bitcoin banking services benefit small businesses? A3: Small businesses can expect benefits such as reduced transaction fees, faster payment settlements, enhanced global reach for international trade, and access to advanced financial tools that were previously difficult to obtain in the traditional banking system. Q4: Is it safe for small businesses to use Bitcoin for their operations? A4: While Bitcoin offers unique advantages, like any financial system, it has its considerations. Block’s offering aims to provide a secure and regulated environment for businesses to utilize Bitcoin, mitigating common risks through robust financial infrastructure. Q5: When can small businesses expect these services to be available? A5: While Block has announced its plans, specific launch dates for the full suite of Bitcoin banking services have not been publicly detailed yet. Businesses should monitor official announcements from Block for availability. If you found this insight into Block’s revolutionary Bitcoin banking services valuable, share this article with your network! Help spread the word about how Jack Dorsey’s Block is empowering small businesses and shaping the future of crypto financial services. To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin institutional adoption . This post Bitcoin Banking Services: Block’s Revolutionary Leap for Small Businesses first appeared on BitcoinWorld and is written by Editorial Team

11 Aug 2025, 21:05

Scott Bessent will interview candidates for Federal Reserve chair

Treasury Secretary Scott Bessent will personally interview the leading candidates to take over as chair of the Federal Reserve when the job becomes available next year, according to Bloomberg. The process will run through the coming weeks, and the final decision will be made by President Donald Trump in the fall. The interviews will determine who makes it onto a short list for Trump to meet before he makes his choice. Michelle Bowman, Philip Jefferson, and Lorie Logan are being seriously considered for the role. Michelle is the Fed’s vice chair for supervision, Philip is the vice chair of the board, and Lorie is the president of the Dallas Fed. Scott will also speak with other contenders, including Trump’s economic adviser Kevin Hassett, Fed Governor Christopher Waller, economist Marc Sumerlin, and former Fed officials Kevin Warsh and James Bullard. White House nomination gives Trump more time for chair search Last week, Trump nominated Stephen Miran , who chairs the White House’s Council of Economic Advisers, to take a seat on the Fed’s Board of Governors until January. That seat became vacant after Adriana Kugler announced she would leave before the end of her term. Stephen’s nomination now heads to the Senate for confirmation. With that position moving forward, the administration says there’s no urgency to pick the next Fed chair. Scott will finish his interviews before sending his recommendations to Trump. “The president will meet the finalists himself before deciding,” one official said. Trump has made clear he thinks interest rates are too high, targeting much of his criticism at current Fed Chair Jerome Powell , whom he appointed in 2017. Powell’s term ends in May, but he can stay on as a governor until 2028 if he chooses. If Powell remains, Trump’s options are limited to either promoting someone into the chair role from Stephen’s seat once it is filled in January or picking an existing governor like Michelle or Philip. Either option requires Senate confirmation. Michelle, appointed to the Fed in 2018, has consistently taken a more aggressive stance on rate cuts. In July, she and Christopher voted for a quarter-point cut while the rest of the Federal Open Market Committee chose to keep rates unchanged for the fifth meeting in a row. Philip, appointed by Joe Biden in 2022 and promoted to vice chair in 2023, has voted to hold rates steady all year. He would be the first Black Fed chair if selected and has so far received bipartisan support for his past appointments. Lorie became head of the Dallas Fed in 2022 after years at the New York Fed managing the central bank’s massive securities portfolio. She has supported keeping rates where they are and has repeatedly warned about tariff-driven inflation. Dallas will not have a voting seat on the rate-setting committee until 2026, but she remains active in its policy discussions. Contenders’ past interactions with Trump and policy focus Kevin Hassett has already spoken directly with Trump about the chair position. Kevin Warsh was considered for the same role in 2017 but lost out to Powell. Trump later looked at him for Treasury Secretary in November. Christopher Waller recently met with Trump’s team, which was reportedly impressed by his readiness to adjust policy based on forecasts rather than current data, as well as his detailed understanding of the Fed system. Marc Sumerlin and James Bullard are also in the running, though they have not had the same recent interactions with Trump’s administration. The Federal Open Market Committee is made up of all seven governors, the president of the New York Fed, and four of the remaining eleven regional presidents on a rotating basis. That means whoever Trump chooses will have a central role in setting rates alongside the rest of the committee. Scott’s interviews are expected to cover candidates’ positions on inflation, interest rates, and the Fed’s role in handling economic pressures. Once he completes the process, the short list will land on Trump’s desk for final review. The next Fed chair will take over in a period where every policy choice will be closely watched by markets, Congress, and the White House. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .

11 Aug 2025, 20:46

Solana Memecoin BONK Gets a $25M Corporate Treasury Boost

Nasdaq-listed Safety Shot (SHOT) has taken a 10% revenue stake in Bonk.fun, among the largest memecoin launchpads on Solana. As part of a deal, Safety Shot will receive $25 million worth of BONK (BONK) for its treasury, aligning the public company directly with the platform’s growth. Bonk.fun generated over $35 million in user fees in July, eclipsing rival Pump.fun to become the month’s highest-earning memecoin launchpad, according to DeFiLlama. The platform controls more than 80% of Solana’s daily new token launch market share, with peak days seeing over 20,000 tokens deployed and daily volumes topping $100 million. As part of the transaction, Safety Shot will issue preferred shares convertible into common stock and reinvest about 90% of its BONK.fun revenue into BONK token purchases. The company has cleared its debt and holds more than $15 million in cash. BONK — the fourth-largest memecoin, with a $2 billion market cap and 980,000 on-chain holders, according to SolScan — is integrated into over 400 Solana applications, spanning DeFi, gaming, and consumer products. Bonk.fun consistently ranks among the top 10 decentralized applications globally in terms of revenue. CEO Jarrett Boon said the integration is “not simply buying a cryptocurrency” but acquiring a stake in “a highly profitable engine” within digital assets. The move marks a shift from the typical corporate strategy of simply holding crypto on balance sheets toward taking equity-like exposure in a revenue-generating asset. For Safety Shot, it adds a recurring income stream tied to the BONK ecosystem’s activity and price performance.

11 Aug 2025, 19:30

Ethereum Corporate Holder BitMine Adds 317,000 ETH to its Reserve

BitMine Immersion Technologies announced it has added 317,000 Ethereum (ETH), valued at about $4.9 billion. The disclosure extends the firm’s rapid Ethereum accumulation this summer. It also comes as Ethereum rallies above the $4,000 psychological level. BitMine Becomes Largest ETH Corporate Holder The latest purchase places BitMine as the largest Ethereum corporate treasury globally with total holdings of 1,150,263 ETH. In an earlier purchase, BitMine added 208,137 ETH to its growing crypto treasury. The latest announcement revealed BitMine has added 317,000 ETH, valued at $1.3 billion , to its holdings since last week. BitMine launched its ETH treasury strategy on June 30, 2025. The company also revealed plans to buy back up to $1 billion of its outstanding common stock . Since it announced its Ethereum strategy, BitMine has recorded many key milestones. The firm now ranks as the third-largest crypto treasury in the world, behind only Microstrategy and Mara Blockchain. Firms Join BitMine in Adopting ETH Although BitMine has positioned itself as an Ethereum-denominated treasury, more public firms have added ETH to their balance sheets. Specifically, SharpLink recently purchased an additional 15,822 ETH , valued at around $53.9 million. The firm purchased the coins through multiple transactions, with the largest single transfer involving 6,914 ETH. This buy brought SharpLink’s total ETH holdings to 480,031 ETH, equivalent to approximately $1.65 billion. In a similar move, The Ether Machine acquired 15,000 ETH for $56.9 million. The firm bought the coins at an average price of $3,809 per ETH, pushing its total holdings to 334,757 ETH. Meanwhile, Ethereum co-founder Vitalik Buterin has voiced support for the Ethereum treasury companies. He praised the impact of these firms in expanding ETH to a broader investor base. However, he warned against the risks of excessive leverage in the sector. Ethereum Momentum Continues to Build The increasing interest in ETH among corporate holders comes amid rising prices. The leading altcoin climbed to $4,000 on Friday, August 8, 2025. ETH continued to rally high, trading at $4,288 as of this writing. In the past 24 hours, the ETH price increased by 2.2%. Investor activity has also increased alongside the soaring prices. Notably, ETH daily trading volume increased by 2.3% to $40.4 billion. The post Ethereum Corporate Holder BitMine Adds 317,000 ETH to its Reserve appeared first on TheCoinrise.com .