Adam Back’s Blockstream has launched Bitcoin-native smart contract programming language Simplicity, offering an alternative to Ethereum’s Solidity.

Despite strong ETF inflows, ETH traders remain cautious as competitive pressures and weak network activity persist.

Yesterday, July 30th, was the 10-year anniversary of Ethereum’s launch. In today’s Crypto for Advisors newsletter, Alec Beckman from Psalion writes about Ether’s growing role as a treasury reserve asset and highlights growing trends.

Then, Eric Tomaszewski from Verde Capital Management answers questions about Ether as an investment in Ask an Expert.

Thank you to our sponsor of this week's newsletter, Grayscale. For financial advisors: register for the upcoming Minneapolis event on September 18th.

- Sarah Morton

Ethereum: The Rising Treasury Asset Reshaping Corporate Finance

Ether, the cryptocurrency of the Ethereum blockchain, is rapidly being adopted by public companies as a strategic treasury asset, an evolution that is helping to reshape corporate finance and shift ETH’s market dynamics.

Bitcoin has long dominated the digital treasury conversation. Its capped supply and decentralized nature make it a hedge against inflation and a store of value. Ether is catching up, thanks to its yield potential, economics, real-world utility, and maturing institutional infrastructure.

Why Ethereum Appeals to Treasuries

Ethereum’s 2022 transition to proof-of-stake enabled holders to earn annual staking yields between 2% and 4%, creating a passive income layer that Bitcoin doesn’t offer. The asset has also been deflationary at times, with more ETH burned than issued, supporting a store-of-value thesis.

At the same time, Ethereum powers an ecosystem of decentralized applications, tokenized assets, and smart contracts. For corporations, it can function not only as a reserve asset but also as capital for deploying services and infrastructure.

The ETH Treasury Wave

Several public companies are now building treasury strategies around ETH, following early movers like MicroStrategy in Bitcoin:

• Bit Digital holds over 120,300 ETH and stakes its entire allocation. CEO Sam Tabar calls it a “flywheel model,” where staking yield funds operations. They plan to add more to the tune of > $1b.
  
• BTCS recently increased its holdings to over 70,000 ETH and was among the first public firms to stake ETH as a treasury strategy.
  
• Bitmine Immersion is aiming to acquire 5% of total ETH supply. Backed by significant funding and led by Tom Lee, it now holds over 625,000 ETH.
  
• Sharplink Gaming holds more than $1.67 billion in ETH, adding nearly 80,000 coins in a single week and pursuing staking as a core strategy. Joe Lubin is a board member and running their ETH acquisition strategy.
  
• Gamesquare has allocated an initial $30 million in ETH with approval to scale to $250 million. It also plans to integrate DeFi and NFT-based yield as differentiators. GameSquare sees the Ethereum Network as Manhattan, with a Financial District (DeFi), an art district (NFTs), and more. Investing in it today is critical for future value and use.
  
• The Ether Machine, a SPAC-backed vehicle spun out from Publicly Traded Dynamix, is targeting $1.5 billion in ETH as it prepares to go public.
  

The companies listed above all plan to add significantly more. Other companies have just announced their holdings such as ETHzilla.

These companies aren’t just buying… they’re signaling long-term conviction and, in many cases, building products and revenue streams directly on Ethereum. One example is GameSquare, whose strategy closely aligns with their audience in the gaming, media, and entertainment industries and sees the connection with on-chain products built on Ethereum. It is important to them to foster financial alignment with their audience.

BTCS is implementing a similar strategy to align with its audience, as block building and staking create a vertical stack on the Ethereum Network, resulting in efficiencies in transactions and staking.

The Demand–Supply Imbalance

ETH’s price has climbed steadily in recent months, and public company purchases are one of the primary catalysts for this increase. In a recent 30-day span, over 32 times more ETH was purchased than issued. That includes buying from treasury allocators, staking vehicles, and newly approved ETFs. A continuation of this trend will create a supply shock.

Unlike Bitcoin, where miners often must sell their bitcoin to cover operational costs, Ethereum’s shift to proof-of-stake reduces sell-side pressure and aligns holders with securing the network.

Conclusion

Ethereum is no longer just a platform for developers; it’s now a financial asset that public companies are adopting at scale. With built-in yield, deflationary dynamics, and rising institutional demand, ETH is emerging as a cornerstone of corporate treasury strategy. As more firms move from “interested” to “allocated,” this new wave of ETH buyers may help define the next phase of the crypto cycle.

Special thank you to Sam Tabar, CEO of Bit-Digital, Charles Allen, CEO of BTCS, Justin Kenna, CEO of GameSquare and Rhydon Lee, managing partner of Goff Capital (affiliated with GameSquare) on sharing their insights with me on ETH Treasury Companies, differentiation, and the Ethereum network in general.

- Alec Beckman, vice president of growth, Psalion

Ask an Expert

Q: Why is ETH being discussed as a strategic reserve asset?

A: Ethereum has quietly become financial infrastructure, not just a speculative asset.

Unlike bitcoin (which is mostly a “store of value” ), ETH powers a real economy that ties to smart contracts, tokenized assets, stablecoin transactions, and decentralized financial services. As more economic activity settles on Ethereum, ETH is being considered a reserve asset by institutions, fintech firms, DAOs, and even sovereign actors.

The reason is that ETH is the fuel that makes the system work. It's similar to holding oil in an energy economy or treasuries in a dollar system.

Q: Should corporate treasuries treat ETH like a cash equivalent, long-duration tech-oriented equity, or a form of intangible infrastructure?

A: In practice, I see this as a new sleeve in the portfolio that I’d call a “digital infrastructure reserve." It carries tech beta and regulatory risk, but also offers operational utility (smart-contract escrow, settlement, tokenization rails). That’s neither cash nor equity.

Q: How do you translate “ETH as a strategic reserve” into practical implications?

A: For institutions and treasuries:

• ETH serves as the cash and collateral for running on-chain businesses.
• It generates yield (staking) like T-bills.
• It’s held on balance sheets, declared in treasury policies, and audited.

For individuals & families:

• ETH is treated as a long-term strategic asset.
• Allocated thoughtfully (at least 1 — 5%) and separated from short-term needs.
• Used to earn staking income, hedge against fiat devaluation, and gain exposure to Ethereum’s growing role in finance and tokenized infrastructure.

Q: What would prove that ETH deserves to be treated like a serious reserve asset over the next 10 years?

A: If more of the world’s financial activity like tokenized real estate, stablecoins, and large international payments are settling directly on Ethereum, it shows growing trust in the network. As Ethereum becomes core infrastructure for global value transfer, ETH moves from speculation to a legitimate strategic reserve.

Strategicethreserve.xyz is a great source for gauging progression. Beyond that, it's helpful to watch the innovation and creativity of names like Robinhood and The Ether Machine, to name a few.

- Eric Tomaszewski, financial advisor, Verde Capital Management

Keep Reading

• The White House released its first Digital Asset Policy Report on Wednesday, July 30th.
• Billionaire Ray Dalia recommends a 15% bitcoin exposure in portfolios to hedge against fiat debasement.
• Samsung has partnered with Coinbase to integrate crypto payments for Samsung users.

Robinhood’s (HOOD) strong second-quarter earnings Wednesday evening have prompted Wall Street to raise its expectations for the stock, but the modest boosts suggest the group believes much upside has been priced in.

Shares are trading slightly higher Thursday morning at $106.50.

Citi, which lifted its price target to $120 from $100, continued with a neutral rating on the stock. Even after revising his earnings estimate sharply higher, analyst Christopher Allen warns that much of Robinhood’s future growth is already priced into the stock, which has nearly tripled from its mid-April low and is higher by a whopping 420% year-over-year.

Also rating HOOD neutral, JPMorgan analyst Kenneth Worthington boosted his December 2026 price target to $104 from $98, citing a “nearly perfect operating environment with meaningful volatility, robust retail engagement, and historically elevated rates as both its trading and rate-sensitive segments performed well.” The firm's acquisition of crypto exchange Bitstamp helped Robinhood post $160 million in crypto revenue — about 16% of its total — fueled by $6.7 billion in notional trading volume from Bitstamp.

Keefe, Bruyette & Woods — also neutral — raised its target to $106 from $89, emphasizing gains in securities lending and a rebound in crypto trading, particularly from Bitstamp. The firm also revised its EPS estimates upward for the next three years, citing increasing user engagement and improved margins.

Cantor Fitzgerald’s Brett Knoblauch — alone among this group with a buy rating on HOOD — raised his price target from $100 to $118, suggesting a modest 10% upside from current levels. His team is now valuing Robinhood at 40x 2026 EV/EBITDA and Knoblauch believes the company has room for even more growth in crypto, options, and margin interest revenue. He pointed to strong momentum across new products such as Robinhood Strategies, crypto staking, and the soon-to-launch Robinhood Banking service.

What does this mean for Coinbase’s earnings later today?

Robinhood’s crypto revenue was bolstered by the addition of Bitstamp’s institutional flow, but it also benefited from retail traders returning to the market. If Coinbase reports similar activity — especially from retail — it could signal a broader resurgence in crypto engagement. Coinbase’s business is more heavily reliant on crypto and institutional activity, so Robinhood’s strong results may foreshadow a beat if those same trends played out on Coinbase’s platform.

However, Coinbase lacks Robinhood’s diversification into interest income and securities lending, which insulated Robinhood from volatility in crypto markets last year. That puts more pressure on Coinbase to show that crypto trading volumes alone can drive earnings growth. Investors will be watching closely.

FactSet projects COIN will report $1.59 billion in revenue and $1.25 in earnings per share for the second quarter, both up from the same period last year. Shares are up 1.6% today, trading at $383.56 a piece.

The integration enhances liquidity, cross-chain efficiency, and utility, potentially boosting decentralized finance adoption and innovation.

The post Circle to bring USDC and CCTP v2 to Hyperliquid appeared first on Crypto Briefing.

This move could significantly enhance financial inclusion in Africa, offering broader access to global markets and fostering economic growth.

The post Africa’s largest crypto exchange introduces tokenized US equities on its platform appeared first on Crypto Briefing.

The race for a Spot Solana Exchange-Traded Fund (ETF) is drawing significant attention and efforts in the crypto sector, with several asset management companies submitting applications for the fund. As the deadline of approval draws near for the fund, 21Shares has taken a bold step to improve its spot SOL ETFs.

21Shares Amends Spot Solana ETF Filing

In a significant development for the Solana ecosystem and broader crypto market, 21Shares has submitted an updated version of its Spot Solana ETF application. Such a move is a sign of an unwavering desire to introduce SOL-based investment products into traditional markets.

SolanaFloor, a platform for SOL news, reported the key move in a recent post on the social media platform X, reflecting growing momentum among asset managers to create crypto ETFs that extend beyond Bitcoin and Ethereum.

As the company looks to the US Securities and Exchange Commission (SEC) for clearance, the updated filing attempts to bolster the proposal and address regulatory concerns about the fund. Specifically, the updated version responds to the US SEC comments on key areas of the fund, such as in-kind redemptions. 

21Shares’ Core Solana ETF (the Trust) is sponsored by 21Shares US LLC, previously known as Amun Holdings Limited. Furthermore, it is an exchange-traded fund that trades on the Cboe BZX Exchange, Inc. (the Exchange) and issues common shares of beneficial interest (the Shares). 

In seeking to achieve its investment objective, the Trust will hold SOL and use the Pricing Benchmark to determine the daily value of its shares. However, it is important to note that an investment in the Trust is neither a direct investment in SOL nor does it give investors direct exposure to the altcoin. Instead, it offers investors the chance to enter the SOL market indirectly through a conventional brokerage account, avoiding the dangers and any obstacles of the spot market.

According to the application, “all of the Trust’s SOL will be held by the SOL Custodian,” which is the Coinbase Custody Trust Company, LLC. The Custodian carries protection from private insurance companies rather than being insured by the Federal Deposit Insurance Corporation (FDIC).

More Companies Are Joining The Fray

Since the move for a Spot Solana ETF, several companies have submitted applications for the funds. The latest application for a spot SOL ETF submitted to the US SEC came from the Cboe BZX Exchange.

A Few days ago, Cboe BZX filed to list the Invesco Galaxy SOL ETF on the exchange. Cboe’s ETF, which is a commodity-based trust under BZX Rule 14.11, aims to provide regulated access to SOL with integrated staking incentives. This move comes weeks following the launch of the first Solana Staking ETF in the United States.

If authorized by the Commission, the Invesco Galaxy SOL ETF would rank among the first Solana spot ETFs offered in the US. When approved, both cash and in-kind creations and redemptions will be permitted by the fund.

Solana’s decentralized exchange (DEX) has witnessed a sharp uptick, driven by a wave of new token launches, heightened trading volumes, and PumpSwap’s firm market grip.

Such a surge reflects increased appetite for high-risk, high-reward assets—so there might not be a better time to invest in the best meme coins to buy.

PumpSwap Dominates 70% of Solana’s Dex Volume

Even though $SOL has dipped below $180 after hitting $205 just weeks ago, it’s not all doom and gloom for the blockchain network: Activity on Solana’s DEXs is thriving.

Interestingly, Dune Analytics’ data found that there’s a clear convergence between where tokens launch and where they’re mostly traded.

On July 21 alone, Raydium accounted for 157,195 new token pairs—roughly 65% of all pair creations across Solana DEXs. Pump.fun followed with 49,899 and PumpSwap with 26,689.

These stats highlight the growing gap between token creation and trading activity. Consequently, it suggests that the meme coin market is not just full of ideas but also liquidity.

Naturally, it creates the perfect environment to start exploring top meme coins to explode. Snorter Token ($SNORT), Best Wallet Token ($BEST), and Rekt ($REKT) are high on our radar—and for backed-up reasons.

1. Snorter Token ($SNORT) – Snorter Bot to Outrun Top Trading Bots This Quarter

Snorter Token ($SNORT) is actively developing Snorter Bot, a native Telegram-based trading assistant launching this quarter.

In a nutshell, it sets out to give you a leg up in the trading arena by offering fast and secure swaps, automated swiping, limit orders, and copy trading.

It’ll first be held on the Solana, before expanding to Ethereum, BNB Chain, and other EVM networks. This way, you’ll be able to access fast trades on Solana from the get-go before tapping into more trading opportunities.

In fact, it promises the lowest fees (just 0.85% compared to the usual 1%+) and faster execution on Solana. This is all part of its ploy to outpace top bots like Maestro, Trojan, and Banana Gun.

It vows to achieve all this without sacrificing your security. With honeypot and rugpull detection, the bot will automatically block suspicious tokens before you trade.

You can also unlock lower fees, governance rights, and staking rewards at a 162% APY by purchasing $SNORT, its native token.

$SNORT has already raised over $2.6M on presale, despite one coin currently only costing $0.0999. Sparked by investor curiosity and marketing efforts, its price is anticipated to hit $0.94. So, join the action for possible gains exceeding 840%.

Best Wallet Token ($BEST) – Opens Perks in a Novel Crypto Wallet Featuring Top Presale Coins

Best Wallet Token ($BEST) is another attractive investment opportunity. The reason is that it’s the backbone of Best Wallet, a cutting-edge crypto wallet app.

Best Wallet sets itself apart from other non-custodial crypto wallets for many reasons. But in this instance, one of its most notable features includes offering direct access to the best crypto presales.

In fact, it supports over 1K digital assets, soon across 70 blockchain networks, so you can manage, trade, and discover new opportunities in one place, hassle-free. Read our Best Wallet review for more information.

The Best Wallet ecosystem also has tons to look forward to, including the launch of Best Card (its own crypto debit card), an NFT gallery, and market intel analytics.

To get the most out of the ecosystem, you’ll want to purchase $BEST. Then, you can also enjoy lower gas fees, governance rights, and significant staking rewards currently at a 94% APY.

You can join the $BEST presale today for just $0.025415. Now’s a great time to snag some tokens for possibly 182% less; once listed on the best crypto exchanges, it’s projected to jump to $0.072.

3. Rekt ($REKT) – The Meme Coin Behind an Ambitious Web3-Web2 Brand

$REKT is the meme coin behind Rekt Brands Inc, a Web3-native company that operates across art, culture, NFTs, media, and physical goods.

To put the company’s weight into perspective, its flagship product, Rekt Drinks, sold over 222K units in under 48 hours.

$REKT is the core utility asset within the entire Rekt ecosystem. Beyond its meme coin origins, it’s the gateway to exclusive perks across the brand’s verticals.

For instance, by holding $REKT, you can gain access to token-gated experiences, like early product drops (like Rekkt Drinks) and whitelist spots for upcoming NFT projects.

To top it off, it enables you to vote on key governance decisions within the ecosystem and reap loyalty perks.

Over the past month, $REKT has risen by 287%. But this time around, it might be purely meme coin hype that’s fueling its success—especially as launchpads like PumpSwap are reigniting attention for such coins.

You can purchase $REKT on some of the best crypto exchanges for just $0.000001076.

Verdict – Meme Coins are Back in Full Swing

Renewed activity across Solana’s DEX ecosystem isn’t just great news for the network but for meme coins as a whole.

Dune’s data signals rising retail participation, deeper liquidity, and the desire for high-risk, high-reward tokens. And that’s precisely what meme coins are.

However, projects like $SNORT, $BEST, and $REKT also have a unique edge, whether it be trading tools, crypto wallet perks, or utility in a fully-fledged brand—hence, why we anticipate them to be the next crypto to explode.

We’re not financial advisors. DYOR and don’t invest more than you’d be sad to lose.

Tether has minted over $20 billion worth of USDT since the start of 2025, pushing the stablecoin’s total circulation beyond $157 billion, according to its quarterly attestation report released on July 31.

The company noted that over $13.4 billion in USDT was issued during the second quarter alone, reflecting strong demand for the dollar-pegged token across global markets.

Tether emphasized that its reserve assets fully back all tokens in circulation.

As of the end of Q2 2025, the company’s exposure to US Treasuries stood at more than $127 billion. This includes $105.5 billion in direct Treasury holdings and $21.3 billion held indirectly, an $8 billion increase from the previous quarter.

With this level of exposure, Tether remains among the largest non-sovereign holders of US government debt.

Speaking on these milestones, Tether CEO Paolo Ardoino said:

“Q2 2025 affirms what markets have been telling us all year: trust in Tether is accelerating. With over $127 billion in U.S. Treasury exposure, robust bitcoin and gold reserves, and over $20 billion in new USDT issued, we’re not just keeping pace with global demand, we’re shaping it.”

Tether’s profits and US investments

Tether reported a net profit of approximately $4.9 billion for Q2 2025, bringing its year-to-date total to $5.7 billion.

Of this, $3.1 billion came from recurring operational income, while $2.6 billion was generated from mark-to-market gains on its gold and Bitcoin holdings.

Meanwhile, Tether stated that its shareholder capital remains steady at $5.47 billion. This equity cushions against unexpected market shocks and highlights Tether’s commitment to financial resilience.

As a result, the stablecoin firm has begun directing a significant portion of its profits toward long-term initiatives.

Over the past six months, the company has invested heavily in infrastructure projects, with the US emerging as a key market.

According to the firm, roughly $4 billion has already been deployed domestically into ventures like XXI Capital and Rumble, including developing the Rumble Wallet.

Legal troubles

Despite its financial strength, the company faces two unresolved legal cases in New York.

The firm stated that one of the cases is a class-action suit related to the 2017–2018 Bitcoin market downturn. The other involves proceedings tied to the bankruptcy of crypto lender Celsius.

In both cases, Tether International is named as a defendant, but the firm’s management says potential outcomes cannot yet be reliably assessed.

As such, no provisions have been made in its financials for these litigations.

The post Tether reports $5.7 billion profit amid record $127 billion US Treasury investments appeared first on CryptoSlate.

Robinhood and Kraken have both reported strong year-over-year (YoY) gains in their crypto-related metrics, even as quarter-over-quarter (QoQ) results show signs of pressure.

On July 30, the two trading platforms released their Q2 2025 earnings, highlighting growth in user activity, asset volume, and strategic product rollouts amid broader market volatility.

Robinhood’s crypto revenue surge

Robinhood reported a robust second quarter for 2025, driven largely by a surge in crypto activity and product diversification.

According to its earnings presentation, the platform’s total net revenue reached $989 million, marking a 45% year-over-year (YoY) increase.

Transaction-based revenues, which include equities, options, and crypto, climbed 65% to $539 million. Of this, crypto alone contributed $160 million, a staggering 98% YoY increase.

The strong performance follows a 32% jump in crypto trading volume, which hit $28 billion during the quarter.

Robinhood’s momentum in the digital asset space is backed by ongoing expansion efforts.

In June, the firm introduced tokenized equities for European users, granting access to over 200 tokenized versions of US stocks. It also revealed plans to launch a Layer 2 protocol on Arbitrum, signaling deeper engagement with the Ethereum ecosystem.

These strategic moves highlight Robinhood’s intent to capture more crypto volume and lead innovation in tokenized financial instruments.

Kraken post mixed results

Kraken, another major player in the US crypto trading landscape, posted $411.6 million in Q2 2025 revenue, a 13% decline quarter-over-quarter (QoQ), yet an 18% increase YoY. This aligns with an 11% QoQ drop in exchange volume to $186.8 billion, though YoY volume rose 19%.

Despite the revenue dip, Kraken saw notable user growth. Funded accounts grew 12% QoQ and 37% YoY to 4.4 million.

This uptick helped drive total assets on the platform to $43.2 billion, up from $34.9 billion the previous quarter. Notably, Kraken said its proof-of-reserve shows that its clients’ assets are fully backed on the platform.

Arjun Sethi, Kraken co-CEO, said:

“The June 2025 report shows every in-scope asset backed by more than 100 percent of client liabilities. For bitcoin and stablecoins, the cushion is even higher. These are not minimum thresholds. They are intentional choices that reflect how we think about risk, responsibility, and trust.”

Meanwhile, Kraken also expanded its market share in spot trading, especially in stablecoin-to-fiat pairs. Its share of stable-fiat spot volume rose from 43% to 68%, thanks to product enhancements and strong demand.

On the regulatory front, Kraken became the first crypto exchange authorized by the Central Bank of Ireland under MiCA, opening access to 30 European markets. It also secured a Restricted Dealer license in Canada, strengthening its compliance footprint.

The post Robinhood crypto income is up 98% while Kraken had sharp QoQ decline appeared first on CryptoSlate.

Five dormant Bitcoin (BTC) wallets mined in 2010 collectively moved 250 BTC, worth approximately $29.6 million, on Thursday, following over 15 years of dormancy.

However, it seems unlikely that Satoshi’s BTC holdings are alive and on the move.

Legacy Bitcoin Miner Wallets Wake Up After 15 Years

Thursday transactions reignited speculation about early miners and Satoshi Nakamoto, Bitcoin’s pseudonymous creator. The coins were mined on April 26, 2010, just months before the Patoshi mining pattern ceased activity.

The Patoshi Pattern refers to a distinct and traceable mining pattern found in the early blocks of Bitcoin, believed to be linked to Satoshi Nakamoto. It was discovered by researcher Sergio Demián Lerner in 2013 through detailed blockchain analysis.

However, blockchain analysts believe these funds are unlikely to be linked to Satoshi himself.

Reportedly, these coins moved when Satoshi was active on the Bitcoin network.

“According to our research, the two 50 BTC dormant address transactions earlier today were mined at the end of the period during which Satoshi was active (until around block 54,316). However, it is very unlikely the blocks were mined by Satoshi,” wrote Whale Alert, an on-chain tracking service.

Satoshi’s BTC tokens are associated with the Patoshi Pattern, a trend noticed during Bitcoin’s early days. The idea is that Satoshi was mining Bitcoin early on with a single setup.

Meanwhile, the Patoshi miner is a distinctive and well-documented mining entity believed to be operated by Satoshi.

In a previous report, Whale Alert estimated the number of blocks mined and Bitcoins owned by Satoshi.

The research cited 1,125,150 BTC mined up to block 54,316. As of July 20, 2020, these holdings had an estimated total value of at least $10.9 billion.

Why It’s “Very Unlikely” These Wallets Belong to Satoshi

The blocks associated with the Patoshi pattern have a unique signature. These include a narrow nonce range that differs significantly from other miners of that era.

“Lerner found additional proof for his claims in the nonces… the last byte of the nonce was always within the ranges of 0 to 9 or 19 to 58 whereas all other miners used the full range of 0 to 255,” Whale Alert explained.

Furthermore, researchers believe Satoshi intentionally wound down mining operations around May 2010.

“It is safe to say that the Patoshi miner was turned off in May 2010. The timing of the shutdown, the mining behavior, the systematic decrease in mining speed and the lack of spending strongly suggest that Satoshi was only interested in growing and protecting the young network,” Whale Alert added.

Despite some public speculation, the latest activity does not fit this pattern. According to Whale Alert, the Bitcoin mined by Patoshi was possibly a byproduct of these efforts. Further, it is unlikely that the remainder will ever be spent.

Still, the transactions offer a rare window into Bitcoin’s earliest adopters.

Whale Alert notes that its findings do not exclude the possibility that Satoshi was also running a miner using the publicly released software.

“…if only for testing purposes, and we believe it is likely that at least one of the non-Patoshi patterns belongs to Satoshi as well,” the researcher noted.

Whale Alert said it will soon publish a comprehensive list of possible Satoshi-mined blocks, which will likely clarify future early-wallet awakenings.

Meanwhile, Satoshi-era Bitcoin addresses, once dormant, have been resurfacing in recent weeks, prompting sell-off fears.

Galaxy Digital has been scrutinized for helping offload 80,000 BTC from wallets linked to a long-term holder.

Adding to the market’s unease, several long-dormant Bitcoin wallets suddenly became active in July, triggering speculation that more selling could follow.

Community members on X (Twitter) speculated that these Satoshi-era Bitcoin holders could be preparing to exit during the next bullish leg.

“There’s been a lot of old bitcoin transfers lately,” one user posted. “Could they be preparing to sell off during the next bull run?” wrote one user.

While Bitcoin’s fundamentals remain strong, July’s trend of whales moving coins has injected fresh uncertainty into the short-term outlook.

Now, traders monitor volatility, while investors hope fresh inflows can lift BTC back toward new highs.

The post Did Satoshi Nakamoto’s Bitcoin Wallets Just Move? Here’s What Analysts Say appeared first on BeInCrypto.

Ethena’s native token, ENA, has extended its month-long winning streak with a 14% surge over the past 24 hours, trading at $0.670 at press time. 

The price spike brings ENA’s total monthly gains to over 155%, making it one of the standout performers in the crypto market this July.

ENA’s Market Conviction Strengthens With $1.42 Billion Weekly Volume 

On-chain data suggests that ENA’s recent rally is driven by genuine demand rather than short-term speculative hype. According to Santiment, the altcoin’s weekly trading volume has surged by over 700%, reaching $1.41 billion this week—its highest weekly total in over a year.

When an asset’s price and trading volume rise sharply, it signals strong market conviction behind the rally. High trading volume means more participants are buying (and selling), which lends credibility to the price movement.

For ENA, the combination of rising prices and soaring volume strengthens the case for a sustained bullish momentum as the market enters a new trading month.

Furthermore, futures market data reflects growing investor confidence. ENA’s open interest has climbed more than 30% in the past 24 hours and stands at $1.15 billion as of this writing. 

Open interest refers to the total number of outstanding derivative contracts, such as futures or options, that have not yet been settled. When futures open interest rises alongside an asset’s price, new money is flowing into the market, indicating growing bullish sentiment. 

In ENA’s case, the 30% jump in open interest suggests that traders are increasingly positioning for further upside. 

This trend is reflected in its long/short ratio, which now sits at a monthly high of 1.05, indicating significantly more bullish bets than bearish ones across the derivatives market.

The long/short metric measures the proportion of long bets to short ones in an asset’s futures market. A ratio above one signals more long positions than short ones. This indicates a bullish sentiment, as most traders expect ENA’s value to rise.

ENA Eyes $0.77 as Bullish Indicator Signals Strong Momentum Ahead

Technical indicators also support the case for continued upside. ENA’s Moving Average Convergence Divergence (MACD) remains in a bullish crossover pattern on the daily chart. This happens when an asset’s MACD line (blue) rests above its signal line (orange), a signal often associated with sustained upward momentum. 

If current trends persist, ENA could extend its gains and rally to $0.77 over the coming weeks.

However, if demand falls and the bears regain dominance, they could trigger a price dip below $0.64 and fall toward $0.48.

The post Ethena (ENA) Kicks Off August With Bullish Rally and $1.4 Billion Volume Spike appeared first on BeInCrypto.

The Dogecoin price is currently down more than 70% from its all-time high of approximately $0.74. However, a crypto analyst has predicted that the likelihood of this top meme coin reaching a new ATH is exceptionally high. Based on recurring historical patterns and strong technical signals, the analysis suggests that Dogecoin is getting ready for a critical breakout that could open the doors to a powerful rally.

Dogecoin Price To Record New ATH Soon

According to a fresh analysis by crypto expert Javon Marks, the probability of Dogecoin setting new all-time highs in this cycle is “extremely high.” Marks’ outlines a compelling case by comparing Dogecoin’s current market structure with its historical price movements from 2014 to date, which appear to follow a repetitive pattern of consolidation followed by explosive upside. 

In his chart analysis shared on the X social media on July 30, the analyst shows that DOGE has historically moved through phases of compression within wedge-like formations, followed by major breakouts to new all-time highs. During the 2016-2017 bull market, the cryptocurrency hit an ATH of $0.01877 after undergoing a long compression. A similar pattern unfolded in the 2021 bull rally, when the meme coin’s price surged to a fresh ATH of $0.739 after an extended period of tightening consolidation. 

Currently, the chart structure is showing a striking resemblance to these past setups, with DOGE’s price coiling tightly near a potential breakout point. With this in mind, the analyst predicts that the meme coin is on the verge of a massive price rally exceeding 226%, setting the stage for a possible break-through of the $0.739 ATH if momentum continues to build. 

Based on the expert’s chart analysis, historical fractals further indicate the possibility of Dogecoin surpassing the $1 mark to reach $1.42 or even $2.11. A surge to both targets would represent a significant gain of approximately 545% and over 830% respectively, from the current trading price of around $0.22. 

Dogecoin Pullback Predicted Ahead Of Next Target

Crypto analyst Bitguru revealed in an X post that Dogecoin is showing signs of a pullback that could soon transition into a breakout. The expert’s analysis shows DOGE recovering from the $0.2138 support zone that held firm following a recent decline from its local high of $0.2866. 

Bitguru noted that Dogecoin’s decline was a healthy one, as it retraced back to test the previous breakout area. This pullback phase is showing signs of exhaustion, with the meme coin’s price now consolidating around $0.22. Notably, the analyst’s chart is reflecting a potential double-bottom structure, hinting at the possible formation of a bullish reversal pattern.

Building on this setup, Bitguru forecasts a potential 28.83% upside for Dogecoin, with price targets in the $0.24 to $0.25 range in the short term. If bullish momentum persists, the chart’s projected trajectory points to an extended move near the $0.28 level. 

Good news for TRX investors as TRON Inc. has filed a $1 billion shelf offering with the U.S. SEC, aiming to acquire up to 3.1 billion TRX tokens. This initiative marks an 849% jump from the firm’s last major token purchase of 365 million TRX in June 2025, which coincided with the start of a bullish TRX rally.

Currently, TRX trades at $0.33, showing price resilience despite a 2.94% dip over the last 24 hours. Market watchers are eyeing the $0.35 and $0.40 resistance levels, with the all-time high sitting at $0.44.

The shelf offering enables TRON Inc. to gradually accumulate tokens, reducing the risk of market disruption while maintaining steady upward pressure on the price.

Institutional Confidence and TRON Whale Activity Soar

TRON’s strategic growth has been boosted by a 526% surge in whale transactions, coupled with record-high unrealized profits on the network.

Following its successful Nasdaq listing via a $100 million reverse merger with SRM Entertainment, TRON Inc. is increasingly attracting institutional capital. This mirrors corporate strategies like MicroStrategy’s Bitcoin reserves, signaling a potential paradigm shift in blockchain finance.

Technical indicators remain bullish. TRX sits above key moving averages, with momentum metrics such as MACD and RSI supporting continued price strength. Analysts suggest a breakout above $0.35 could set the stage for a rally toward $0.43.

TRON now hosts over $80.8 billion in USDT, surpassing Ethereum in Tether supply and processing over $20 billion in USDT daily. The network’s low-cost infrastructure has made it a preferred choice for stablecoin transactions, bolstering its position in cross-border payments.

Despite regulatory scrutiny and governance questions, TRON continues to expand its DeFi and dApp ecosystems. With $1 billion in planned token purchases and institutional backing growing, TRX could be poised for a significant upward trajectory.

Cover image from ChatGPT, TRXUSD chart from Tradingview