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Author: James Wilson
The Ether Machine’s latest $40 million acquisition pushes its treasury to 345,362 coins, but the real question isn’t “how much?”, it’s “what’s next?” With staking, restaking, and DeFi strategies in motion, the firm is turning its holdings into an active financial engine. Summary The Ether Machine’s treasury surpasses 345,000 ETH after a $40 million buy, now totaling $1.2 billion in ETH holdings. The firm competes with BitMine and SharpLink in a growing corporate arms race for influence over Ethereum’s capital layer In a press release dated August 4, The Ether Machine announced its subsidiary, The Ether Reserve LLC, had acquired…
Verb is making an audacious play, raising half a billion to become the biggest public holder of Toncoin. The oversubscribed deal, led by crypto heavyweights, suggests institutions see TON as the next big reserve asset. Summary Verb Technology raises $558 million to become the largest public holder of Toncoin. VERB stock jumps 100% after the oversubscribed PIPE round backed by Kingsway Capital, Blockchain.com, and over 110 investors. The firm plans to rebrand as TON Strategy Co. and stake its TON holdings for yield. On August 4, Nasdaq-listed Verb Technology Company Inc. announced it had secured roughly $558 million through an…
Is BTC stockpiling the next big equity trade? Smarter Web Company and peers test the limits of mNAV premiums
U.K-listed The Smarter Web Company completed a £8.1 million capital raise shortly after its BTC crosses over 2,050. Can BTC accumulation push stock prices up? Summary U.K-listed The Smarter Web Company’s stock has surged 208% in the past month following mass BTC acquisitions. The company recently purchase 225 BTC, boosting its total holdings to 2,050 BTC. Echoing a wider trend of companies updating their BTC holdings in an attempt to boost stock prices. According to a recent press release, the total offering would generate capital worth £8.1 million ($10.75 million) for the company. The funding round for The Smarter Web…
A Coinbase UK ad campaign was abruptly shut down after TV networks refused to air it, and the exchange’s CEO isn’t staying quiet. Summary Coinbase CEO Brian Armstrong criticized UK broadcasters for blocking the company’s recent crypto ad campaign. Armstrong said the decision reflects outdated perceptions of crypto in the United Kingdom. The UK’s lack of clear crypto rules has drawn criticism from experts. Some community members have condemned the tone of the Coinbase campaign. In an August 4 post on X, Coinbase CEO Brian Armstrong condemned the United Kingdom’s ban on its latest advertisement, saying its message must have…
The VINE coin saw a recent surge following Elon Musk’s prolific activities to revive old content using Grok Imagine. The token may soon join the lineup of tokens linked to Musk and generate even more. Summary Elon Musk’s plan to revive old social media content from VINE sparked a rally in the token. Dogecoin and Grok-related tokens also saw a surge in value following Elon Musk’s trending posts. The move comes on the heels of a renewed push by X to create an AI-powered super-app, inclusive of a potential payment processor powered by cryptocurrency The surge in VINE’s value can…
Toncoin is showing signs of strength both on-chain and on the charts, despite a minor pullback over the past 24 hours. Summary TON is up 30% over the past month, supported by strong price structure and rising open interest. On-chain activity is climbing, with higher DEX volumes, chain fees, and stablecoin inflows. Technicals are mostly bullish, though momentum indicators suggest a short-term cooldown is possible. At press time, Toncoin (TON) is trading at $3.56, down 1.3% on the day but still up 3.6% over the last week and 30% in the past month. The token remains in a healthy range,…
Metaplanet has purchased additional Bitcoin for its treasury, advancing its goal of holding 210,000 BTC by 2027. Summary Metaplanet added 463 BTC on August 4, bringing total holdings to 17,595 BTC. BTC Yield year-to-date is 170%, with bitcoin per share rising 22× in 11 months. Capital raise, bond redemptions, and expansion targets signal continued BTC accumulation. Metaplanet has acquired 463 additional Bitcoin (BTC) for ¥7.995 billion ($55.17 million) at an average price of ¥17.27 million($119,163) per BTC, according to an Aug. 4 disclosure. This purchase increases the company’s total Bitcoin holdings to 17,595 BTC, valued at ¥261.28 billion ($1.80 billion).…
SharpLink Gaming has continued its aggressive Ethereum acquisition strategy, purchasing another 15,822 ETH worth approximately $53.9 million. Summary SharpLink added 30,755 ETH for $108.6M, bringing its holdings to 480,031 ETH. The entire treasury is staked and leadership includes ex-BlackRock and Consensys executives. Analysts are split, with some praiing institutional momentum and others warning of overvaluation. According to an Aug. 3 post on X by Lookonchain, the firm spent $108.57 million in USD Coin (USDC) over the preceding two days to acquire 30,755 Ethereum (ETH) at an average price of $3,530 per token. With this latest purchase, SharpLink now holds 480,031…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Little Pepe aims for $3 as DOGE rival, with better tech and 1000x potential at under $0.003 per token. Summary LILPEPE eyes 1000× gain as DOGE struggles to reclaim $0.26 support. Priced at $0.0018, LILPEPE builds fast on Layer-2 with $13.7m raised. Unlike DOGE, LILPEPE adds real utility via launchpad and EVM support. Dogecoin (DOGE) may have been the original memecoin pioneer, but a fresh contender is charging into the spotlight with greater speed, better fundamentals, and more explosive…
Ripple tumbled to a low of $2.7340 on Sunday, Aug. 3, down by over 22% from its highest point this year. It dropped to its lowest level since July 13, erasing billions of dollars in value. The sell-off followed a wider crypto and stock market downturn fueled by economic concerns tied to President Trump’s new tariffs and a string of weak U.S. jobs data. Bitcoin’s (BTC) retreat from its recent record high, alongside declines in Ethereum (ETH) and Solana (SOL), dragged the entire digital asset space lower. Adding to XRP’s woes, Ripple co-founder Chris Larsen reportedly offloaded over $140 million…