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11 Aug 2025, 15:45
Critical Week for Crypto: CPI Data, Fed Speakers, and a Trump-Putin Summit
Bitcoin nears all-time high as August gains hit 10% amid rate cut optimism. Corporate Bitcoin buying surges with billion-dollar treasury acquisitions this week. A high-stakes meeting between Trump and Putin adds volatility risk to the BTC market. Crypto, and Bitcoin for that matter, is heading into one of its most critical weeks of the year. The price has jumped to over $121,000, now within striking distance of its all-time high, as a perfect storm of major economic and political events is set to unfold. August gains are already near 10% , fueled by optimism around potential Fed rate cuts and new pro-crypto U.S. policies. How we got here. This critical week comes right after the entire crypto market hit a new all-time high. Here’s the full story on that milestone. The Economic Data That Matters Most to Crypto This week’s calendar is packed with major U.S. economic reports. Consumer Price Index (CPI) data arrives Tuesday, followed by jobless claims and Producer Price Index (PPI) numbers on Thursday. Traders see these releases as pivotal for the Fed’s policy path, with current market pricing already giving an almost 90% probability of a rate cut i… The post Critical Week for Crypto: CPI Data, Fed Speakers, and a Trump-Putin Summit appeared first on Coin Edition .
11 Aug 2025, 15:39
Mystery institution adds nearly $1B Ether as price nears all time high
An unidentified entity believed to be an institution has accumulated over 221,000 Ether in the past week as the asset edges closer to its all-time high. According to on-chain analytics platform Lookonchain, the buyer acquired 221,166 ETH — worth roughly $933 million at current prices — over the seven-day period. In the past 24 hours alone, the entity, which the analytics platform dubbed a “mysterious institution,” purchased $212 million in Ether. Data suggests the buyer is operating through six wallets, with holdings spread across balances ranging from $128 million to $181 million. The wallets received their Ether through transactions with institutional trading desks and custodians, including Galaxy Digital, FalconX, and BitGo. While the identity of the entity remains unknown, the size and sourcing of the purchases may have led Lookonchain to believe it was a major institutional player rather than a retail whale. Such structuring is often designed to manage security risks, track internal allocations, or prepare assets for staking or institutional custody solutions. Ethereum is in demand The buying spree coincides with a broader increase in large Ether holdings. Glassnode data shows the number of addresses with more than 10,000 ETH reached 868,886 on Saturday, the highest level in a year. This rise in deep-pocketed holders comes as Ethereum’s market capitalisation hit $523 billion on Monday, overtaking Mastercard’s $519 billion valuation. Over the past week, Ether has rallied more than 20%, breaking through the psychological resistance at $4,000 , which many speculated was essential for the world’s largest altcoin to return to its previous all-time high. Traders and market pundits attribute the upward momentum to continuous institutional demand, especially via spot exchange-traded products in the US, and a broader risk-on sentiment across the crypto markets. A report from blockchain analytics firm Ember CN released last week revealed that over 1.03 million ETH, worth $4.17 billion, was acquired by whales and institutions between July and August. Ethereum’s role as a treasury asset Much of the current demand for Ethereum also stems from corporate treasury companies that have been making headlines as of late. Firms like SharpLink Gaming , which pivoted from gaming into Ethereum treasury management in June, now hold 521,939 ETH, close to $2 billion at current prices. Meanwhile, BitMine Immersion Technologies remains the largest corporate holder with 833,137 ETH worth nearly $3 billion as of August 11. According to data from Strategicethreserve, these companies now hold more than 2.5% of Ethereum’s total circulating supply, and the number of such corporate holders has continued to grow in recent months. Hong Kong-listed healthcare company IVD Medical became one of the latest entrants after adding roughly $19 million worth of ETH to its treasury last week. Ethereum nearing all-time high When writing, Ether was trading at $4,310, up 2.13% in the past 24 hours. At its current price, Etherem was just 11.94% below its all-time high, and a noticeable number of technical analysts had turned increasingly bullish about its chances to enter price discovery mode in the coming weeks. Sykodelic 🔪 @Sykodelic_ · Follow I’m not sure who still needs to hear this from me…But you’re probably still not bullish enough on $ETH .This is the 1M timeframe.We have just broken a 5 year triangle with strength…And for only the 3rd time in 5 years the MACD has crossed bullish.Each time has lead 12:53 AM · Aug 11, 2025 809 Reply Copy link Read 54 replies The post Mystery institution adds nearly $1B Ether as price nears all time high appeared first on Invezz
11 Aug 2025, 15:36
BitMine Emerges as Largest Ethereum Treasury with $4.96B in ETH
BitMine's ETH portfolio grew by $2 billion in one week to 1.15M tokens. Ranked third largest crypto treasury; shares among top 25 US liquid stocks. Backed by institutional investors including ARK, Pantera, and Galaxy Digital. BitMine Immersion Technologies (BitMine) announced that its Ethereum holdings have surpassed 1.15 million tokens, valued at over $4.96 billion as of August 10, 2025. At that time, Ethereum was priced at $4,311, making BitMine the world’s largest Ethereum holder and the third-largest cryptocurrency treasury behind MicroStrategy and Mara Blockchain. Within a single week, the value of BitMine’s Ethereum portfolio surged by $2 billion, growing from 833,137 ETH valued at $2.9 billion to 1.15 million ETH worth $4.96 billion. ”In just a week, BitMine increased its ETH holdings by $2.0 billion to $4.96 billion (from 833,137 to 1.15 million tokens), lightning speed in the company's pursuit of the 'alchemy of 5%' of ETH,” said Thomas ”Tom” Lee of Fundstrat, Chairman of BitMine's Board of Directors. ”We lead our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock.” BitMine launched its Ethereum treasury strategy on June 30, 2025, and in less than two months, achieved key milestones by becoming a leader in Ethereum holdings and one of the most visible cryptocurrency companies in the U.S. public market. Currently, BitMine’s shares rank among the top 25 most liquid stocks in the U.S., with an average daily trading volume of $2.2 billion. The company is supported by prominent institutional investors, including Cathie Wood's ARK Invest, MOZAYYX, Founders Fund, Bill Miller III, Pantera Capital, Kraken, Digital Currency Group, and Galaxy Digital.
11 Aug 2025, 15:29
French Capital B Adds 126 BTC to Treasury, Holdings Reach 2,201 Bitcoin Worth $233M
French Bitcoin treasury company Capital B purchased 126 Bitcoin for approximately €12.4 million, bringing its total holdings to 2,201 BTC worth roughly €201.5 million at acquisition cost. The Euronext Growth Paris-listed firm, trading under ticker ALCPB, financed the latest acquisition through strategic capital increases totaling €13.7 million from institutional investors Peak Hodl Ltd and TOBAM. Meanwhile, the company achieved a remarkable 1,519.5% BTC yield year-to-date and an 18.1% quarterly return, making it one of Europe’s first publicly traded Bitcoin treasury companies. Capital B confirms the acquisition of 126 BTC for ~€12.4 million, the holding of a total of 2,201 BTC, and a BTC Yield of 1,519.5% YTD Full Press Release (EN): https://t.co/W8Kfnx8VE2 Full Press Release (FR): https://t.co/U4YEZD6wlD BTC Strategy (EN):… pic.twitter.com/B7t557EfcU — Capital B (@_ALCPB) August 11, 2025 Strategic Capital Raises Fund for Aggressive Bitcoin Accumulation Peak Hodl Ltd invested €8.7 million at €3.47 per share, receiving 2.5 million new ordinary shares while enabling Capital B to purchase 80 Bitcoin for approximately €7.9 million. Additionally, asset manager TOBAM contributed €5 million at €2.90 per share through 1.7 million newly issued shares, funding the acquisition of 46 Bitcoins worth around €4.5 million. The transactions coincided with significant bond conversions that further expanded Capital B’s share capital structure, including TOBAM’s conversion of 1.5 million bonds into 2.1 million ordinary shares at €0.71 per share. Furthermore, Fulgur Ventures submitted a conversion request for 4.76 million bonds into 8.75 million ordinary shares at €0.544 each, reflecting continued institutional confidence in the Bitcoin treasury strategy. Capital B accumulated its Bitcoin holdings from just 15 BTC in November 2024 through systematic purchases across multiple financing rounds throughout 2025. The company’s acquisition timeline shows purchases accelerating from March 2025 onwards, with holdings growing from 620 BTC in March to 1,788 BTC by June before reaching the current 2,201 BTC. Capital B now maintains an average Bitcoin acquisition cost of €91,568 per coin across its 2,201 BTC portfolio, with current market value reaching €217.3 million based on recent purchase prices. The company’s share capital structure expanded to 163.1 million outstanding shares, while fully diluted shares total 331.2 million, including all convertible instruments and warrants. European Bitcoin Treasury Model Gains Institutional Momentum Capital B’s rapid Bitcoin accumulation from just 15 BTC to over 2,200 coins illustrates the accelerating institutional adoption of cryptocurrency treasury strategies across Europe. The company’s stock delivered 2,275% returns compared to Bitcoin’s 58% gain during the same period, according to strategy update documents from July 2025. Capital B raises $13.3M through convertible bonds to expand Bitcoin treasury delivering 2,275% returns as Europe's first listed BTC treasury company. #Bitcoin #BTC Europe https://t.co/ciMkygZMyl — Cryptonews.com (@cryptonews) August 4, 2025 This success resulted from a broader trend of European firms following MicroStrategy ‘s pioneering Bitcoin treasury approach, but with a more distinct regulatory framework and financing mechanisms. UK-based Smarter Web Company recently issued Britain’s first Bitcoin-denominated convertible bond worth $21 million, also partnering with TOBAM. Similarly, Parataxis Holdings announced a SPAC merger targeting a $640 million Bitcoin treasury for NYSE listing under ticker “PRTX.” However, industry analysts have raised concerns about the sustainability of corporate Bitcoin treasury strategies, particularly regarding potential market volatility and shareholder dilution risks. Franklin Templeton recently warned that corporate crypto treasuries could amplify market downturns if Bitcoin prices decline sharply, potentially triggering forced sales and self-reinforcing crashes. Meanwhile, VanEck’s Matthew Sigel criticized at-the-market share programs that become dilutive when stock prices approach Bitcoin net asset values, questioning the long-term viability of current strategies. Despite these concerns, over 287 companies now collectively hold more than 3.64 million Bitcoin, suggesting institutional demand continues driving corporate treasury adoption. Source: Bitcoin Treasuries Capital B has authorized up to €300 million in additional capital increases through its Luxembourg subsidiary structure, according to company filings. The post French Capital B Adds 126 BTC to Treasury, Holdings Reach 2,201 Bitcoin Worth $233M appeared first on Cryptonews .
11 Aug 2025, 15:25
BNB Swings 4% in 24 Hours, Testing $800 Resistance
BNB has been seeing turbulence over the last 24-hour period, enduring a 4% swing over the period between the $793 to $827 range, before settling just above the $800 level. The token initially moved to a peak of $827 as the rally started, with more than 146,000 tokens traded in a single hour before sellers stepped in to reserve these gains. Trading remained choppy since, with short-lived recoveries failing to break resistance levels near $800 decisively. Despite the volatility, BNB treasury purchases haven’t wavered, with CEA Industries becoming the largest corporate holder of the cryptocurrency after a $160 million purchase. The move pushed BNB’s market capitalization to nearly $112 billion, cementing its position as the fifth-largest cryptocurrency by market capitalization. While the price swings rattled traders, the underlying demand suggests continued long-term interest. Technical Analysis Overview BNB’s $33.34 trading range over the 24-hour period represents a 4% volatility band between its $793.99 low and $827.33 high. The rally stalled at the $827.33 resistance level, where high-volume selling pressure capped gains. Support formed near $794, reinforced by heavy buying during the morning correction. Short-term resistance sits near $800.50, where multiple recovery attempts failed despite intraday volume spikes. A breakout above this level could re-test $811.22 and open the path back to $827.33. A breakdown below $794 risks further downside toward the $780 area. Volume profile shows two key liquidity zones: a morning surge of 146,403 units traded at resistance and a 114,685-unit flush at support, both indicating strong institutional participation. These zones may guide short-term price reactions if volatility persists. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .
11 Aug 2025, 15:14
BNC spends $160 million to buy 200,000 BNB, becoming top corporate owner
BNC bought 200,000 BNB for $160 million, becoming the world’s largest corporate holder. It used funds from a $500 million raise and may invest up to $1.25 billion. The company said the deal turns BNC, formerly VAPE, into a crypto-focused treasury with BNB as its main reserve . It shows rising institutional interest in Binance Coin and ties BNC to one of the busiest blockchain ecosystems. BNC changes leaders to push new BNB plan The approach BNC took with its new Nasdaq ticker is an intentional one to bring leadership that has been successful in the past with traditional finance and cryptocurrency. The co-founder of Galaxy Digital and a notable Blockchain investment voice in the space, David Namdar, is joining as the CEO. Namdar brings an invaluable depth of insight into the changing digital asset landscape from his extensive experience launching and leading several successful large-scale digital asset initiatives; as such, he is well-positioned to navigate BNC within this rapidly evolving market. Russell Read, the ex-Chief Investment Officer at the California Public Employees’ Retirement System (CalPERS), will work alongside Namdar to turn BNC’s vision into reality. BNC has also brought in trusted strategic partners with strong investment and corporate growth backgrounds to expand its board of directors. Founding Partners of 10X Capital, Hans Thomas and Alexander Monje, joined the board to plan the company’s financial strategy and institutional outreach. 10X Capital led the $500 million private placement that funded BNC’s landmark purchase of 200,000 BNB, so Hans’ and Alexander’s involvement is more than symbolic. BNC ensures that the voices guiding its treasury and growth strategies have a direct stake in the company’s long-term performance by securing board seats for its capital partners. This partnership aligns decision-making, intending to expand BNC’s position in the BNB market, strengthening governance and execution. BNB grows as a strong choice for long-term investment The native token of the BNB Chain, BNB, is the fourth-largest cryptocurrenc y by market capitalization and now supports an extensive range of decentralized finance applications, gaming projects, NFT marketplaces, and blockchain-based payment solutions. The BNB Chain’s $12.3 billion total value locked (TVL) shows the high trust developers, investors, and users place in the platform’s long-term potential. BNB’s unique deflationary tokenomics create a scarcity effect that works alongside rising on-chain activity to build sustained upward pressure on its long-term value. These tokenomics rely on regular, systematic token burns that permanently reduce the total supply to reinforce investors’ growing confidence. Market catalysts like approving a U.S.-listed BNB spot exchange-traded fund (ETF) could also pave the way for large inflows from institutional investors who prefer regulated investment products. These factors make BNB an attractive long-term reserve asset that aligns with its broader vision of holding high-quality digital assets with strong network effects. BNB’s reach serves a global community of over 250 million users interacting with the BNB Chain for trading, decentralized applications, and cross-border payments. The token sees $9.3 billion in trading volume on an average day. Due to limited access through traditional financial products and a general lack of familiar investment vehicles for this asset class, BNB remains notably under-represented in U.S. institutional investment portfolios. BNC can provide structured, compliant ways for asset managers, hedge funds, and corporate treasuries to gain exposure to its growth by leveraging its role as a crypto-focused treasury operation. This approach will help it gain further legitimacy and adoption in markets where institutional participation has so far been limited, and also simplify the process for investors. BNB’s strong fundamentals, wide adoption, and deflationary design allow it to attract significant new capital as more investors seek diversified exposure to blockchain ecosystems beyond Bitcoin and Ethereum. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites