13 Aug 2025, 04:49

Ethereum Tops $4,600 as BitMine Eyes $20B ETH Treasury

Ether prices have surged to their highest levels for almost four years, tapping $4,625 during Asian trading early on Wednesday morning. The asset has continued to build momentum and is now up a whopping 54% over the past month and 27% over the past week. Meanwhile, the latest move has taken it to within 5.3% of its 2021 all-time high of $4,878, according to CoinGecko. Ethereum’s market capitalization is now $552 billion, which ranks it 18th in terms of corporations and around $100 billion below credit giant Visa. BitMine Plans $20B Raise Crypto analysts are predicting a parabolic move for Ether, which could push prices into five figures this market cycle. Chart patterns mirror the 2016/2017 market cycle when “pure retail mania” was driving gains, observed analyst “Merlijn The Trader,” who added, this time it is retail plus Wall Street plus “unstoppable global adoption.” Ethereum is running the 2016–2017 playbook. Last time: pure retail mania. This time: retail + Wall Street + unstoppable global adoption. When $ETH breaks, it won’t wait. Be in… or be exit liquidity. pic.twitter.com/UX89fcZiA0 — Merlijn The Trader (@MerlijnTrader) August 12, 2025 Momentum is being driven by Ethereum treasury companies, and the world’s largest one , BitMine Immersion Technologies, has just filed a prospectus with the SEC to raise an additional $20 billion through sales of common stock. Prior to this update, Tom Lee’s firm reported that it had already completed sales under the program totaling roughly $4.5 billion. BitMine, which already holds almost 1.2 million ETH worth around $5.3 billion, is expected to channel the proceeds into more ETH accumulation. $20 billion would equate to more than 4 million ETH at current market prices. Analysts have already started to say that $15,000 per ETH is “already programmed.” Ether ETFs On Fire This immense buying pressure has only been matched by spot Ether ETFs, as retail has been largely absent from this rally. ETH ETFs have seen another massive inflow day following their record $1 billion inflow on Monday, driven by BlackRock’s record $640 million inflow. Tuesday saw another $523 million inflow and the fifth-best day since the products launched. Around $2.3 billion has entered the products over the past five trading days. “Since the beginning of July, spot ETH ETFs have taken in nearly $1.5 billion more than spot BTC ETFs,” observed industry expert Nate Geraci, who added that this was a “notable shift.” Another half bil into spot eth ETFs… 5th best day since launch. Now $2.3bil over past 5 trading days. Since beginning of July, spot eth ETFs have taken in nearly $1.5bil more than spot btc ETFs. Notable shift. — Nate Geraci (@NateGeraci) August 13, 2025 The post Ethereum Tops $4,600 as BitMine Eyes $20B ETH Treasury appeared first on CryptoPotato .

13 Aug 2025, 04:00

Memecoins in corporate treasury? Safety Shot takes $25M BONK bet

Safety Shot's Bonk deal tests whether memecoins can evolve from hype to high finance.

13 Aug 2025, 03:10

Ethereum Surges 7% to Break $4,600, Edges Closer to All-Time High

Ether, the native asset of Ethereum, outpaced the broader crypto market on Wednesday, climbing as much as 7% to $4,624. The rally leaves the world’s second-largest digital asset just 5.4% shy of its record high set in Nov. 2021. The surge comes as demand from institutional investors and corporate treasuries accelerates. Ethereum-focused treasuries, listed entities that buy and hold the cryptocurrency as part of their core strategy, now collectively hold $16.4b worth of Ether, data from strategicethreserve.xyz shows. Bitmine, SharpLink, Ether Machine Lead ETH Holdings Surge The largest holder, Bitmine Immersion Tech, controls 1.2m ETH valued at $5.27b, representing nearly 1% of the total Ether supply. Its ETH position jumped more than 600% over the last 30 days. SharpLink Gaming follows with 598,800 ETH, worth $2.74b, up 177% in the same period. The Ether Machine ranks third, holding 345,400 ETH valued at $1.58b, with an 8% increase in the past month. $ETH is outperforming $BTC by 4.4%. Are we entering altseason? pic.twitter.com/XZjaRWy7Qf — CoinGecko (@coingecko) August 12, 2025 The Ethereum Foundation, the non-profit steward of the network, holds 232,600 ETH worth about $1.07b, although its position has dipped slightly. Other significant holders include PulseChain Sac, Coinbase and Bit Digital. July Sees Sharpest-Ever Jump in Ethereum Treasury Holdings Interest from these treasury-focused entities has been building for months. In July, corporate Ethereum balances posted their largest monthly gain on record, according to Binance Research. Holdings rose about 127% to more than 2.7m ETH, worth roughly $11.6b at the time. SΞR: 14 ETH Treasuries now hold a combined $2.5M ETH ($11.25 billions), about 2.08% of the total ETH supply. pic.twitter.com/vnAl2lmukl — Strategic ETH Reserve (SΞR) (@SERdotxyz) August 13, 2025 Such aggressive accumulation adds to the bullish momentum that has pushed Ether to its highest levels in nearly three years. Analysts point to the growing appeal of Ethereum’s ecosystem, from its role in decentralized finance to tokenization initiatives, as a driver of demand from both traditional finance players and crypto-native firms. The strong showing for Ether comes as Bitcoin remains steady. The largest cryptocurrency traded around $119,331 on Wednesday, unchanged on the day but up nearly 5% over the past week. The overall crypto market was firmer, with total capitalization rising 1.8% to $4.1 trillion. Market watchers say continued inflows from institutions and on-chain activity are likely to determine whether Ether can close the gap to its all-time high in the coming days. The post Ethereum Surges 7% to Break $4,600, Edges Closer to All-Time High appeared first on Cryptonews .

13 Aug 2025, 03:00

Norway’s Wealth Fund Grows Indirect Bitcoin Exposure To $844 Million, Up 192% YoY

As Bitcoin (BTC) steadily marches toward setting another all-time high (ATH), the cryptocurrency’s adoption is rising in parallel. In a recent X post, Vetle Lunde, senior analyst at K33 Research, highlighted that Norway’s Sovereign Wealth Fund has increased its indirect exposure to BTC. Norwegian Sovereign Wealth Fund Increased Bitcoin Stack Lunde noted that Norway’s sovereign wealth fund – Norges Bank Investment Management (NBIM) – has significantly raised its indirect BTC exposure in 2025. He remarked: This is my favorite chart to update whenever the world’s largest sovereign wealth fund discloses holdings. It efficiently shows that BTC is finding its way into any well-diversified portfolio, intentional or not. Notably, the NBIM fund increased its Bitcoin stake to 7,161 BTC. At current market prices, this is valued at approximately $844 million. At the end of 2024, the fund’s exposure stood at 3,821 BTC, meaning its indirect holdings jumped by 3,340 BTC in just the first half of 2025. In percentage terms, that’s a massive 192% year-on-year increase. According to Lunde, the surge in BTC exposure was primarily driven by the fund’s significant positions in core treasury vehicles such as Strategy and Marathon Digital. It was also supported by strong Bitcoin accumulation among other top corporate treasury holders. Strategy and Marathon Digital are among the leading public companies with the largest BTC reserves. Data from CoinGecko shows that Strategy currently holds 628,946 BTC, while Marathon Digital holds 50,000 BTC. Combined, these two companies own more than 3% of Bitcoin’s total supply, valued at over $81 billion at current market prices. For NBIM, Strategy added 3,005.5 BTC to its indirect exposure, while Marathon Digital contributed 216.4 BTC. Other notable contributors to the sovereign wealth fund’s Bitcoin exposure include Block (85.1 BTC), Coinbase (57.2 BTC), Metaplanet (50.8 BTC), and GameStop (33 BTC). Conversely, Riot Platforms reduced exposure by 76.7 BTC. 2025: The Year Of BTC Adoption While Bitcoin had already found its way onto corporate balance sheets before 2025, this year has seen the trend accelerate rapidly. Several companies have announced new fundraising initiatives aimed at increasing their BTC holdings. Last week, Turkish mobility app Marti Technologies revealed plans to hold 20% of its total cash reserves in BTC. UK-based Satsuma Technology also pledged to expand its Bitcoin position. Similarly, Galaxy Digital recently increased its Bitcoin holdings by 4,272 BTC while reducing its exposure to Ethereum (ETH). At press time, BTC trades at $119,810, down 0.5% in the past 24 hours.

13 Aug 2025, 02:15

DeFi Development: Unlocking Massive $250M Solana (SOL) Holdings

BitcoinWorld DeFi Development: Unlocking Massive $250M Solana (SOL) Holdings Big news from the world of digital assets! A major player, DeFi Development , a Nasdaq-listed firm, has made headlines by revealing its substantial Solana (SOL) holdings. This significant disclosure highlights a growing trend of traditional financial entities embracing the decentralized finance space. It’s not every day that a publicly traded company announces such a massive stake in a cryptocurrency. This move signals a strong belief in the long-term potential of Solana and its ecosystem. What are DeFi Development’s Impressive Solana (SOL) Holdings? According to a report by The Block, citing the company’s Q2 2025 shareholder letter, DeFi Development currently holds a staggering 1.3 million Solana (SOL) tokens. This translates to an impressive valuation of approximately $250 million, making it a significant SOL holdings revelation. The firm has actively increased its position, acquiring an additional 4,500 SOL since August 1. Furthermore, in July, DeFi Development successfully completed a $122.5 million convertible bond issuance. This strategic financial maneuver was specifically designed to fund further purchases of Solana (SOL). Why is a Crypto Treasury Firm Investing Heavily in SOL? When a company like DeFi Development , acting as a sophisticated crypto treasury , makes such a considerable investment, it sparks curiosity. Their strategy likely revolves around several key factors: Belief in Solana’s Technology: Solana is renowned for its high transaction speeds and low fees, making it an attractive blockchain for various decentralized applications. Strategic Asset Accumulation: Accumulating a significant amount of a promising asset like SOL positions the firm for potential future growth. Diversification: For a Nasdaq-listed entity, investing in digital assets offers a new avenue for portfolio diversification beyond traditional investments. Long-Term Vision: This large-scale investment suggests a strong, long-term bullish outlook on Solana’s future and its role in the evolving crypto landscape. This commitment underscores the increasing confidence among institutional players in the viability and growth of specific blockchain ecosystems. The Impact of Institutional Crypto Investment on Solana’s Ecosystem The news of DeFi Development’s substantial SOL holdings sends a powerful message across the market. Such significant institutional crypto investment can have several profound effects: Enhanced Legitimacy: When publicly traded companies invest, it adds a layer of credibility and mainstream acceptance to the cryptocurrency. Potential Price Appreciation: Large purchases by institutional entities can create sustained buying pressure, potentially leading to price increases for SOL. Increased Market Liquidity: A larger institutional presence generally leads to deeper liquidity in the market, making it more robust. Attracting More Capital: The confidence shown by one major firm often encourages other institutional investors to explore similar opportunities in Solana. Ultimately, this kind of activity strengthens Solana’s position as a leading blockchain platform. What Does This Mean for the Future of DeFi Development and Solana? The strategic accumulation of Solana (SOL) by DeFi Development is a clear indicator of institutional conviction in the digital asset space. It suggests that more traditional finance firms might follow suit, seeking exposure to high-growth blockchain ecosystems. For Solana, this reinforces its standing as a top-tier blockchain capable of attracting serious capital. We can anticipate continued innovation and adoption within the Solana ecosystem as more institutional players recognize its potential. This move by a key crypto treasury firm truly highlights the evolving landscape of digital finance. In conclusion, DeFi Development’s impressive SOL holdings mark a pivotal moment, showcasing the accelerating convergence of traditional finance and decentralized technologies. This strategic investment not only bolsters Solana’s market position but also sets a precedent for future institutional engagement in the crypto world. It’s a testament to the growing maturity and appeal of digital assets as legitimate components of diversified investment portfolios. Frequently Asked Questions (FAQs) Q1: What is DeFi Development? A1: DeFi Development is a Nasdaq-listed firm that operates as a crypto treasury, strategically investing in and managing digital assets, including significant holdings in Solana (SOL). Q2: How much Solana (SOL) does DeFi Development currently hold? A2: As reported by The Block, DeFi Development holds 1.3 million Solana (SOL) tokens, valued at approximately $250 million, as of their Q2 2025 shareholder letter. Q3: Why is DeFi Development investing heavily in Solana (SOL)? A3: The firm likely invests in Solana due to its technological advantages (speed, low fees), for strategic asset accumulation, portfolio diversification, and a long-term bullish outlook on Solana’s ecosystem. Q4: What is a crypto treasury firm? A4: A crypto treasury firm is a company that manages a portfolio of cryptocurrency assets, often for strategic investment, operational needs, or as part of its overall financial reserves. Q5: How does institutional crypto investment impact Solana? A5: Institutional investment, like that from DeFi Development, can enhance Solana’s legitimacy, potentially drive price appreciation, increase market liquidity, and attract further institutional capital to the ecosystem. If you found this article insightful, consider sharing it with your network! Help us spread the word about significant developments in the crypto space by sharing this article on your favorite social media platforms. To learn more about the latest crypto market trends, explore our article on key developments shaping Solana’s price action . This post DeFi Development: Unlocking Massive $250M Solana (SOL) Holdings first appeared on BitcoinWorld and is written by Editorial Team

13 Aug 2025, 01:30

Vivopower Partners With Crypto.com to Expand XRP Treasury and Shareholder Access

Vivopower is catapulting its XRP-driven strategy with a Crypto.com partnership, merging institutional-grade custody, global stock access and deep DeFi integration for unprecedented investor reach. XRP-Focused Vivopower Selects Crypto.com for Custody and Stock Listing Vivopower International Plc (NASDAQ: VVPR) announced on Aug. 12, 2025, that it has selected Crypto.com as a strategic partner to expand its