Tom Lee’s BitMine Adds Another 208K ETH, Treasury Tops $3B as Ethereum Surges

BitMine Immersion Technologies, chaired by Fundstrat’s Tom Lee, has added 208,137 ETH to its growing crypto reserves, boosting its total holdings to 833,137 ETH, now worth over $3 billion. Key Takeaways: BitMine holds 833,137 ETH worth over $3 billion, making it the largest corporate Ethereum holder. The firm’s aggressive strategy puts it far ahead of rivals just one month after announcing its ETH push. BitMine is betting on Ethereum’s upside amid shifting macro conditions. The move cements BitMine’s position as the top Ethereum-holding treasury firm and places it fourth among global crypto treasuries overall, according to a Monday press release . The purchase was disclosed on Monday, coinciding with a sharp Ether price swing that saw the asset climb 5.8% to $3,730 before easing back to $3,654, according to CoinGecko. BitMine Accelerates Ethereum Push Just One Month Into New Strategy BitMine’s latest accumulation highlights its aggressive entry into the Ethereum space just over a month after the firm unveiled its ETH strategy. “We have separated ourselves among crypto treasury peers,” Lee said in a statement, emphasizing the rapid pace at which the firm has raised its crypto net asset value per share. “BitMine moved with lightning speed in its pursuit of the ‘alchemy of 5%’ of ETH.” The firm’s acceleration puts distance between it and rivals like SharpLink Gaming, which holds 438,200 ETH worth $1.61 billion, and The Ether Machine, now at 345,400 ETH after a $40 million buy on the same day. Rounding out the top five are the Ethereum Foundation (232,600 ETH) and PulseChain SAC (166,300 ETH), according to StrategicETHReserve data. BitMine’s rise has been fueled by notable backing. Investors include billionaire Bill Miller III, macro veteran Stanley Druckenmiller, and ARK Invest’s Cathie Wood — all vocal advocates for long-term crypto exposure. The firm’s positioning signals rising institutional conviction in Ethereum, which has outperformed in recent weeks while attempting to close the gap with leaders Bitcoin and Solana. Lee told CNBC he expects further upside in August, citing soft labor data and a possible pivot in U.S. monetary policy. He said signs of an easing Federal Reserve could lift both equities and crypto markets, potentially pushing the S&P 500 to new all-time highs — a move that would likely benefit Ether. “I think we’re going to rally pretty strongly in August,” says Tom Lee of @Fundstrat . “I think we can get to 6500, 6600 [on the S&P 500] and all-time highs in the next couple of weeks.” https://t.co/ZAsld9FqER — Squawk Box (@SquawkCNBC) August 4, 2025 With its latest buy, BitMine is not just betting on price appreciation but also staking its claim as a dominant force in Ethereum treasury strategy, outpacing peers both in speed and size. BitMine Launches $1B Buyback as ETH Holdings Top $2.3B Last week, BitMine announced a $1 billion stock buyback program as its Ethereum holdings surged past 625,000 ETH, worth $2.3 billion, making it the largest corporate holder of Ethereum to date. The open-ended repurchase plan comes amid BitMine’s larger goal of acquiring 5% of Ethereum’s total supply, a move it sees as part of a long-term capital strategy. Chairman Tom Lee described the buyback as a flexible way to optimize capital allocation on the firm’s path toward what he calls “the alchemy of 5%.” The announcement follows a massive ETH accumulation in July, including a single 16-day purchase of 566,776 ETH worth over $2 billion, vaulting BitMine past competitors like SharpLink and the Ethereum Foundation. BMNR shares have skyrocketed over 3,000% since early July as investors react to the aggressive accumulation strategy. The company’s stock options began trading on the NYSE last month , further boosting market engagement. The post Tom Lee’s BitMine Adds Another 208K ETH, Treasury Tops $3B as Ethereum Surges appeared first on Cryptonews .

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Fartcoin Eyes Comeback Amid Pumpfun’s ‘Huge Announcement’ Buzz

TL;DR Whales accumulate 597M Fartcoin as prices struggle, signaling strategic positioning before potential recovery. MACD turns positive while BoP remains negative, showing buyers emerging but sellers still control. Pumpfun founder teases major news that could spark renewed market activity for Fartcoin traders. Price Performance and Market Context Fartcoin (FARTCOIN) was trading close to $1 at press time, showing a 3% rise in the last 24 hours, while the past week reflects a 15% drop. Daily trading volume is $202 million. Notably, the token has been in a steady decline since mid-July, falling from highs near $1.70 to under $1.00. It remains under the yearly open but is testing the monthly open near $1. Support is visible around $0.91, which aligns with the weekly open, with deeper support near $0.77. Resistance levels are at $1.0568, $1.2224, and $1.3256. Crypto analyst Johnny shared that a recovery could unfold if the price secures a move above the monthly open and maintains momentum. $FARTCOIN looking to reclaim the monthly & yearly open after a nasty sell off Pumpfun founder teasing a ” huge announcement in the pumpfun ecosystem ” Fartcoin is the #1 pumpfun coin — wouldn’t be surprised to see this run hard Wrong under yearly open pic.twitter.com/kKyqRIgqtV — Johnny (@CryptoGodJohn) August 4, 2025 Technical Indicators Show Early Momentum Shift The MACD on the 4-hour chart has moved above the signal line after staying in negative territory. The histogram reflects green bars revealing the initiation of the first buying interest. The trend is weak overall, but the short-term trend is improving. Source: TradingView The Balance of Power (BoP) reads -0.29, showing that sellers still dominate. While there are brief upward spikes, most readings stay below zero. A clear shift would need steady buying and a continued MACD rise to move the market out of its current downtrend. Holder Activity and Exchange Balances Top wallets now hold almost 600 million FARTCOIN , an increase of 22% over the past month. This shows accumulation among large holders during the recent decline. Rising balances in top wallets often occur when bigger investors are preparing for future price moves. Source: Nansen In addition, exchanges currently hold 230 million FARTCOIN, up 25% monthly. More tokens on exchanges provide higher liquidity and can lead to active trading periods. This movement fits the recent volatility and trading interest around the token. Pumpfun News Sparks Market Watch Pumpfun co-founder Alon said a “huge announcement” is coming this week for organic community coins in the project’s ecosystem. Fartcoin, as the leading Pumpfun-linked coin, is under close watch as the market anticipates news that could drive activity after the recent price drop. The post Fartcoin Eyes Comeback Amid Pumpfun’s ‘Huge Announcement’ Buzz appeared first on CryptoPotato .

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How a police officer stole 50 BTC from a seized crypto wallet and got caught

A police officer’s 50-BTC theft was unraveled by blockchain tracking. Investigators traced the funds and brought him to justice.

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XRP Case Update: SEC Chair Fuels Hope of Ending Appeal Against Ripple

A new tweet from SEC Chairman Paul Atkins, alongside a public video statement, has reignited interest in the future of U.S. crypto policy. Legal expert Bill Morgan weighs the possibility of his influence on SEC commissioners’ votes to end the long-standing case. The chairman officially launched “Project Crypto,” which he described as a commission-wide initiative aimed at modernizing securities regulations to ensure the United States becomes a global leader in blockchain and crypto asset technology. In his tweet, Atkins stated , “We will make sure the next chapter of financial innovation is written right here in America.” In the accompanying video, Atkins emphasized that the SEC, under his leadership, would not stand by while digital innovation and capital markets advance overseas. He referenced the President’s Working Group (PWG) report on Digital Asset Markets, calling it a “blueprint” for maintaining U.S. dominance in the crypto space. The report outlines recommendations for agencies like the SEC to help build a regulatory structure enabling America’s financial markets to transition on-chain. Atkins made it clear that the SEC intends to lead actively in this transformation, noting that the initiative aligns with President Trump’s broader goals for digital asset leadership. Stuart Alderoty Responds to the Announcement Ripple’s Chief Legal Officer, Stuart Alderoty, responded to Atkins’ statement on X, focusing on the contrast between the SEC’s current stance and its previous regulatory approach. Alderoty said, “Chair Atkins knows the prior administration pushed crypto companies offshore. He’s now focused on clear, tailored standards — and drawing firm lines to curb SEC overreach.” Chair Atkins knows the prior administration pushed crypto companies offshore. He’s now focused on clear, tailored standards —and drawing firm lines to curb SEC overreach. https://t.co/gyGaLR398S — Stuart Alderoty (@s_alderoty) August 4, 2025 Ripple CLO’s comment highlights the often-cited criticism that the former SEC administration under Chair Gary Gensler created an uncertain and adversarial regulatory climate for U.S.-based crypto firms, which some believe compelled them to relocate their operations overseas. Alderoty’s post implies optimism about the change in tone from the SEC’s highest office, suggesting that the new leadership may aim to establish regulatory clarity through measured reforms instead of enforcement-centric tactics. The emphasis on “curbing SEC overreach” highlights a significant theme in Ripple’s ongoing legal conflict with the agency. Bill Morgan Raises Legal Implications for Ripple Appeal Responding directly to Alderoty’s post, Australian legal expert Bill Morgan offered a pointed question that drew immediate attention from those closely following the Ripple v. SEC lawsuit. Morgan wrote, “Can Chair Atkins actually get the SEC commissioners to vote to dismiss the Appeal in SEC v Ripple and his SEC attorneys to file papers dismissing the Appeal.” Can Chair Atkins actually get the SEC commissioners to vote to dismiss the Appeal in SEC v Ripple and his SEC attorneys to file papers dismissing the Appeal. https://t.co/MzPc58VjRi — bill morgan (@Belisarius2020) August 4, 2025 Morgan’s remark touches on a critical legal stage in the Ripple case. Although Judge Torres previously ruled t hat XRP sales on exchanges did not constitute securities offerings, the SEC has appealed the decision. Morgan is questioning whether, under the newly announced Project Crypto initiative and its stated goal of regulatory clarity and pro-innovation policy, Chair Atkins will push for a withdrawal of the appeal. Such a move would require the support of the SEC’s commissioners and action by the agency’s legal team. This comment from Morgan implies a potential test of the new SEC leadership’s sincerity in implementing its stated policy objectives. If the SEC genuinely aims to abandon the enforcement-heavy approach of the past, then ending the legal battle against Ripple could serve as a defining early move for the administration. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Case Update: SEC Chair Fuels Hope of Ending Appeal Against Ripple appeared first on Times Tabloid .

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SEC Commissioner Peirce Highlights Potential for Bitcoin to Enhance Financial Privacy and Reduce Intermediaries

🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! SEC Commissioner Hester

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SoftBank raised its stake in Nvidia and TSMC

SoftBank Group Corp. is deepening its commitment to artificial intelligence by significantly increasing its investments in key chipmakers, including Nvidia Corp. and Taiwan Semiconductor Manufacturing Co. (TSMC). This move highlights CEO Masayoshi Son’s sharpened focus on the hardware driving the AI revolution. According to regulatory filings , SoftBank raised its stake in Nvidia to around $3 billion by the end of March, up from $1 billion in the previous quarter. It also acquired roughly $330 million in TSMC shares and $170 million in Oracle Corp. Meanwhile, a person familiar with the matter said that SoftBank’s Vision Fund monetized nearly $2 billion in assets during the first half of 2025. While the Vision Fund continues to prioritize returns, there’s reportedly no pressure from SoftBank to accelerate asset sales. The company declined to comment. Son Rebuilds AI empire around arm to reclaim lost ground in chip race At the center of SoftBank’s AI strategy is Arm Holdings Plc, the UK-based chip designer with a 90% stake. Son is now crafting a portfolio of key industry players around Arm, aiming to regain ground after missing the historic AI-fueled rally that propelled Nvidia to a $4 trillion valuation and TSMC close to $1 trillion. “Nvidia is the picks and shovels for the gold rush of AI,” said Ben Narasin, founder of Tenacity Venture Capital. SoftBank’s growing stake in Nvidia may give it greater influence — and potentially faster access — to the chipmaker’s in-demand hardware, he added. “Maybe he gets to skip the line.” SoftBank is expected to report strong paper gains from its Nvidia bet when it announces earnings on Thursday. Since its April low, Nvidia’s market value has surged nearly 90%, while TSMC shares are up over 40%. Despite being an early believer in AI, SoftBank sold a 4.9% stake in Nvidia in 2019 — a position that would now be worth more than $200 billion. Massive losses at the Vision Fund also limited its capacity to invest aggressively in generative AI early on. Son spearheads large-scale initiatives like the $500 billion Stargate data center project with OpenAI, Oracle, and Abu Dhabi’s MGX fund. He’s also in talks with TSMC and others to build a $1 trillion AI chip manufacturing hub in Arizona. Comgest Asset Management’s Richard Kaye believes Son views himself as the natural provider of AI semiconductor technology, aiming to control the industry’s upstream and downstream segments. SoftBank rallies investors as Son eyes big AI deals Investors are buying into Son’s vision. SoftBank’s shares hit a record high last month, buoyed by strong AI exposure and plans for a $6.5 billion acquisition of Ampere Computing LLC and a possible $30 billion investment in OpenAI. Still, SoftBank trades at a roughly 40% discount to its net asset value, which includes its dominant stake in the $148 billion-valued Arm. Its $119 billion market cap remains a fraction of AI giants like Nvidia. To navigate regulatory headwinds, Son is leveraging his connections with Donald Trump and is reportedly holding frequent meetings with U.S. officials. This comes as SoftBank’s planned acquisition of Ampere faces an FTC review amid heightened scrutiny of AI and semiconductor deals. Investors will be watching Thursday’s earnings for clues on which assets SoftBank may divest next to fund its hardware ambitions. The firm raised about $4.8 billion in June by selling part of its T-Mobile stake. CFO Yoshimitsu Goto has cited a net asset value of ¥25.7 trillion ($175 billion), indicating sufficient liquidity for continued expansion. Over the past year, the Vision Fund exited holdings in DoorDash, View Inc., Wiz, and Peak, while ramping up purchases of Nvidia, TSMC, and Oracle shares. In June, Son told shareholders that SoftBank is pursuing AI through a broad network of startups and group companies, intending to position itself as the key architect behind the leading platform in the era of artificial super intelligence. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.

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SEC Updates Rules to Redefine Stablecoins as Cash-like Assets

The SEC updated accounting rules for U.S. dollar-pegged stablecoins on August 4, 2025. Continue Reading: SEC Updates Rules to Redefine Stablecoins as Cash-like Assets The post SEC Updates Rules to Redefine Stablecoins as Cash-like Assets appeared first on COINTURK NEWS .

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Phantom Acquires Solana Trading Platform Solsniper to Expand Services

Cryptocurrency wallet provider Phantom has acquired Solsniper, a high-speed trading and analytics platform specializing in the Solana blockchain. Phantom to Integrate Solsniper Team Following Strategic Acquisition Solsniper, founded in 2021, is recognized for its precision tools enabling traders to monitor tokens, track wallet activity, and react instantly to market movements. According to Phantom, the platform

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HTX Deepthink:Macro Dislocation and Crypto Re-Pricing – How Fed Revaluation and “Project Crypto” Are Resetting the Playing Field

The Federal Reserve’s latest rate decision jolted global markets—but it was the unexpected collapse in U.S. job growth that truly reshaped investor expectations. This week, Chloe (@ ChloeTalk1 ) from HTX Research offers insights into recent macro surprises and the regulatory pivot reshaping crypto’s policy landscape. Soft Jobs Data Resets Market Expectations After the July FOMC meeting, the Fed left the funds rate at 5.25%-5.50% and offered no timeline for rate cuts, stoking fears of a “higher-for-longer” regime. The 10-year Treasury yield jumped to 4.24% , the U.S.-Dollar Index reclaimed the 100 handle, gold slipped below $3,270 , and Bitcoin retreated to the $116,000 area as on-chain activity cooled. Three days later, the macro narrative flipped: July non-farm payrolls “collapsed,” with only 73k jobs versus the 180k consensus, while May–June gains were revised down by roughly 129k (-90 %). The sudden chill forced an aggressive rate reset—CME FedWatch showed the probability of a September cut surging from 38% to 82% , with two cuts by year-end now priced at 64% . The 10-year yield slid below 4.10% , gold bounced $40 to $3,363/oz , and Bitcoin briefly spiked before recession angst pushed it to an intraday low near $112,000 . Yet the broader economy still resembles a growth-slowdown rather than a full-blown recession. By 2025 Q2, household debt stood at 98% of disposable income —well below the 2008 peak of 133%. Credit-card delinquencies eased from 2.7% to 2.5% ; retail sales are holding a 2.8%-3.1% YoY band. America’s richest 10% control 72% of household wealth and finance nearly half of total consumption, providing a sturdy demand floor. On the corporate side, JPMorgan and Bank of America report commercial-loan growth of 5%-7% YoY , with no material uptick in loss reserves. Historically, a mix of softer payrolls and sticky-but-easing inflation marks the Fed’s turn toward accommodation, ushering in a “high-volatility liquidity window” where BTC and gold attract hedging flows while leveraged alt-coins face valuation and deleveraging pressure. Regulatory Shift Opens Up DeFi and RWA Momentum The truly disruptive catalyst comes from regulation. On 31 July , SEC Chair Paul Atkins unveiled “Project Crypto,” pledging to put U.S. finance “fully on-chain” via deregulation, innovation safe-harbors and exemptions. Atkins stated that most crypto assets should not be defaulted into securities status and that AMMs and on-chain lending are “non-intermediated financial activity” deserving legal recognition. The signal unlocks huge upside for DeFi protocols such as Uniswap , Aave and Lido , long suppressed by the “securities overhang.” According to data from HTX, DeFi tokens including UNI and AAVE have recorded notable gains in August. Atkins also floated a “Super-App” license for brokers to aggregate equities, crypto, staking and lending. The draft further names ERC-3643 —with its ONCHAINID permission layer—as the reference standard for tokenized RWA, paving a compliant path for real estate, private equity and other trillion-dollar markets. Crucially, the SEC will revise the decades-old Howey Test , introducing clear disclosure waivers and safe harbors for airdrops, ICOs and staking, ending the era where founders had to “flee to Cayman” or geo-block U.S. users; venture capital could now re-shore, reigniting an on-chain startup cycle in America. Outlook and Structural Signals Bitcoin and Ethereum remain central to market structure, with BTC dominance and stablecoin basis offering key signals for capital rotation. High-beta altcoins and leveraged products may remain under pressure, particularly if the U.S. dollar strengthens or long-term yields rebound above 4.40%. Tokens with clear compliance paths—especially DeFi governance assets and RWA tokens built on ERC-3643—are increasingly positioned to benefit from evolving policy support and real-world adoption narratives. With macro softening, liquidity conditions easing, and regulatory upgrading now converging, Bitcoin’s role as a global inflation hedge and policy-beta asset is hardening, while on-chain finance enjoys its first genuine policy tail-wind—setting the stage for the next structural up-cycle in crypto markets. *The above content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X , Telegram , and Discord . The post HTX Deepthink:Macro Dislocation and Crypto Re-Pricing – How Fed Revaluation and “Project Crypto” Are Resetting the Playing Field first appeared on HTX Square .

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Ripple-SEC Case: Major Announcements Expected in the Coming Days – Here’s the Critical Date for XRP

The cryptocurrency community is closely following the progress of the long-running lawsuit between the US Securities and Exchange Commission (SEC) and Ripple. While it was hoped that the years-long XRP lawsuit was nearing an end, Ripple withdrew its appeal, but the SEC has yet to take similar action. Legal expert Bill Morgan stated that while there is no official deadline for the SEC to withdraw its appeal, it must submit a report to the U.S. Court of Appeals by August 15, 2025. Significant developments are anticipated in the next two weeks. Related News: Surprise Altcoin Announces Allocation of 50 Million Tokens for Its Ecosystem - Price Fluctuates The case centers on whether Ripple's XRP sales constitute unregistered securities sales. In 2023, the court ruled that Ripple's institutional sales were securities transactions, but programmatic sales conducted through exchanges were not. Although the two sides sought a compromise, the court rejected the agreement, indicating that the process is not yet fully concluded and regulatory uncertainty remains. *This is not investment advice. Continue Reading: Ripple-SEC Case: Major Announcements Expected in the Coming Days – Here’s the Critical Date for XRP

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