10 Aug 2025, 06:18

Michael Saylor is not sweating the rise of Ethereum treasury companies

Michael Saylor isn’t worried about growing treasury interest in crypto assets beyond Bitcoin, claiming that Bitcoin will outpace the S&P 500 for the “indefinite future.”

10 Aug 2025, 05:09

Three Major Tailwinds Push ETH to $4.2K, Making Vitalik Buterin a Billionaire

Ethereum ETFs see rapid growth with 5.43M ETH accumulated by institutions U.S. policy shifts boost crypto confidence with new pro-blockchain legislation ETH breaks $4K barrier, setting sights on $4.8K and potential $8K highs Thanks to Ethereum’s powerful surge past $4,200, co-founder Vitalik Buterin is once again an on-chain billionaire. His public wallet holdings now exceed $1.03 billion, a direct result of ETH’s 22% weekly gain that has pushed the network’s market cap back above $510 billion. The rally is being driven by what looks like a perfect storm of three distinct tailwinds for Ethereum. In his own words. What does Vitalik think about all this success? CoinEdition covered his take on Ethereum’s incredible journey . Tailwind #1: Institutional Floodgates Opened for ETH Spot Ethereum ETFs have now accumulated more than 5.43 million ETH, a surge fueled by growing institutional confidence. These ETFs could soon offer staking yields if regulators approve, enhancing their appeal. Alongside the ETFs, a new trend of corporate Ethereum treasuries is emerging. Publicly listed companies like Bitmine, GameSquare, and BTCS are now buying ETH for their bala… The post Three Major Tailwinds Push ETH to $4.2K, Making Vitalik Buterin a Billionaire appeared first on Coin Edition .

10 Aug 2025, 04:30

Binance Teams up With BBVA for Off-Exchange Custody

Crypto exchange Binance has reportedly teamed up with Spain’s BBVA to enable clients to store collateral outside the trading platform. In this arrangement, BBVA — the nation’s third-largest lender — will act as an independent custodian, holding client funds in US Treasuries that Binance accepts as margin for trades. The collaboration aims to reduce counterparty

9 Aug 2025, 22:00

Trump-backed WLFI aims for Nasdaq debut with $1.5B token treasury

The Trump-linked project is courting institutional money while rewarding DeFi traders in the background.

9 Aug 2025, 21:30

GameStop has not bought Bitcoin since April, and Ryan Cohen unfollowed major Bitcoin accounts on X

GameStop has stopped buying Bitcoin since April. Moreover, X users noticed that Ryan Cohen, founder of GameStop, unfollowed Bitcoin accounts such as Bitcoin Magazine. This has caught the attention of users. They shared screenshots showing the change, and the discussion quickly spread on social media. Some investors think this could mean GameStop is slowing its Bitcoin push. Others believe the company is just taking a break. A Reddit user shared the news and said, “Last time he [Ryan Cohen] unfollowed bitcoin was around when they made the purchase? What is up with the unfollows ?” RYAN COHEN UNFOLLOWS BITCOIN MAGAZINE 👀 BACK TO JUST GAMESTOP $GME ONLY pic.twitter.com/FyrlbInZ0Z — Salvatore Linteum (@PhantomBlack699) August 7, 2025 But Cohen didn’t just unfollow Bitcoin Magazine on X. He also unfollowed The Bitcoin Conference account, which is run by David Bailey, the founder of Bitcoin Magazine. The account is linked to President Donald Trump and Vice President JD Vance, who were keynote speakers at the last conference. Bitcoiners are unhappy with Cohen. Some called him “is all talk no action,” compared to Saylor for example. Another person described GameStop as “A non-Bitcoin company with a non-Bitcoin CEO buying Bitcoin on behalf of non-Bitcoin shareholders.” Others named him “Rugpull Ryan.” GameStop bought BTC once In March 2025, GameStop updated its investment policy to include Bitcoin as a treasury reserve asset. The company then completed a private offering of $1.5 billion in convertible senior notes, and this included a $200 million “greenshoe” option that was fully exercised. After fees, the net proceeds came to about $1.48 billion. Two months later, the company made its first and only purchase. It bought 4,710 BTC, worth about $549.4 million today, and it has not announced any other Bitcoin buys since then. This is only one-third of the amount it had planned to purchase, and it has been months since the last acquisition. In June 2025, GameStop raised up to $2.7 billion through a convertible notes offering. This money could be used for more Bitcoin purchases. Despite having the funds, the company has not added to its holdings. GameStop reported having about $6.38 billion in cash, cash equivalents, and short-term investments. Yet it still hasn’t bought the Bitcoin it promised back in April. Many Bitcoiners are disappointed by this delay. Some are even infuriated that GameStop is holding so much cash instead of following through on its plans. GME is trading at $22.27 and its market cap is about $10 billion. The stock has dropped sharply, sitting about 74% below its all-time high from the meme-stock frenzy in January 2021. Many longtime holders are frustrated by the slide, and they’re watching to see if GameStop’s move into Bitcoin can help turn things around. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.

9 Aug 2025, 21:10

JPMorgan sees Trump’s nomination of Stephen Miran to the Fed board as a problem

Donald Trump’s pick of Stephen Miran for Federal Reserve governor is attracting attention beyond his image as someone who favors low interest rates. JPMorgan’s analysts think that Trump choosing Miran might be part of a bigger plan to change the Federal Reserve Act, the law that defines the Fed’s powers, as reported by Fortune. According to a report by Fortune , this could reduce the Fed’s ability to make decisions without political interference. On Thursday, Trump named Miran , who currently chairs the White House Council of Economic Advisers, to fill the Fed board seat vacated by Adriana Kugler. Kugler stepped down before her term was set to end in January, and as Cryptopolitan predicted earlier, Trump would use this opportunity to reshape the Fed . Miran is best known for crafting a proposal before joining the administration, nicknamed the “Mar-a-Lago Accord,” aimed at reducing the U.S. trade deficit. But it is his 2024 co-authored paper proposing sweeping reforms to the Fed that is now getting renewed attention. In a research note Friday, JPMorgan’s chief economist Bruce Kasman and his team outlined the paper’s key recommendations. These include granting the U.S. president the authority to fire Federal Reserve board members and regional bank presidents at will, giving Congress control of the Fed’s budget, and transferring the Fed’s oversight of banks and markets to the Treasury Department. “There is little doubt that the consequence of these reforms would be to materially increase the influence of the president over U.S. monetary and regulatory policy,” the analysts wrote. Such measures would require congressional approval, and JPMorgan noted there is no clear sign lawmakers are ready to back such far-reaching changes. Still, Miran will join the Fed’s board with a detailed 2024 reform agenda. His paper accused the central bank of “groupthink” and expanding beyond its original purpose, claiming that his proposed changes would actually safeguard its independence, a view JPMorgan disputes. “The main threat to the Fed independence is not politically motivated turnover shifting the outcome of votes,” the analysts said. “Rather, the appointment fuels an existential threat as the administration looks likely to take aim at the Federal Reserve Act to permanently alter U.S. monetary and regulatory authority.” A Trump administration official said that statements made by appointees before entering the administration do not reflect official policy positions. Concerns are growing over Congress’s power to reshape the Federal Reserve Congress has the legal authority to change the Fed’s mission and powers. Last month, Wharton finance professor Jeremy Siegel told CNBC that Chair Jerome Powell might need to resign if he wants to protect the central bank’s long-term independence. Siegel warned that if the economy falters, Trump could make Powell a “perfect scapegoat” and push Congress to grant the White House more control over the Fed. He noted that the Federal Reserve, created by the Federal Reserve Act of 1913, is not mentioned in the Constitution and has had its powers altered by Congress multiple times. Senator Bernie Moreno, a Republican of Ohio, indicated last week that he is open to revising the Federal Reserve Act. His targets include the interest the Fed pays on bank reserves and its dual mandate. However, Moreno also said he supports the concept of central bank independence. JPMorgan analysts said the Fed still enjoys enough backing in the Senate to make major legislative changes difficult, given the 60-vote threshold needed to bypass a filibuster. Even so, the bank’s analysts believe the Fed will treat the threat to its independence seriously and may seek to defend it by making some concessions to the White House and Congress. A tilt toward easier monetary policy could happen under persistent calls from the White House to lower interest rates. Rates have stayed steady as the Fed monitors inflation risks, particularly from Trump’s tariffs. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .