Ethena [ENA] Labs founder, the ever-so-charming Guy Young, insists crypto treasuries are the best shot at curing the dreadful VC token dump disease. Or so he claims, with a cocktail in hand.
Markus, known ’round these parts as Shibetoshi Nakamoto (fancy name for a feller who made a meme coin, if you ask me), and this impudent scoundrel both pointed back to that picture show, “The Social Network,” based on a book called “The Accidental Billionaires.” Fancy that!
The plan is all set—board gave it the thumbs up, probably over some stale bagels and bad coffee. And guess what? It’s all going to go down in September! So mark your calendars, folks! Because nothing screams excitement like watching a bunch of shareholders vote on share capital. 🤨
Well, well, well. Crypto’s golden child, Hayden Davis, had a little heart-to-heart in a U.S. courtroom. Turns out, his precious LIBRA project isn’t quite the next Bitcoin—nope, it’s just a glorified memecoin with zero business plan. Who would’ve guessed? 🤔 He’s now denying that it was ever an investment, which is, you know, totally believable … Read more
Bitcoin [BTC] just took a punch – over 40,000 BTC landed on exchanges this week
In the second quarter of 2025, the TRX circulating market cap did an impressive somersault—17% higher, landing gracefully at $26.5 billion. Meanwhile, the Tron network, our favorite digital playground, basked in another delightful quarter, announcing a 20.5% spike in revenue. This means their total revenue went from $760.2 million to $915.9 million. If I had a dollar for every quarter that went up, I’d probably be rich enough to buy a yacht… or at least a decent inflatable pool.
At the zenith of this financial drama stands BlackRock’s iShares Ethereum Trust (ETHA), an absolute titan in the world of Ethereum, pulling an impressive $440.10 million in worldly treasures on just this fateful day. This fund, with assets now totalling a staggering $10.69 billion, claims the largest share among its fellow US Ether (ETH) ETFs. In a realm where such numbers abound, one must wonder: does money cause virtue, or merely reveal the lack of it? 💸
Now, let me tell you, folks, the saga of the La Libertad Avanza token, or as some like to call it, Libra, is taking a turn that’s as twisty as a country road. According to local media, our friend Mr. Davis, the big cheese at Kelsier Ventures and one of the masterminds behind the Libra fiasco, made a transaction to Kraken, a place where they keep a close eye on who’s who in the digital world. 🕵️♂️
In a move that can only be described as both bold and borderline reckless, MicroStrategy has expanded its latest preferred perpetual stock, Stretch (STRC), from a modest $500 million to a jaw-dropping $2.8 billion. This fourfold increase, akin to a gambler doubling down on a losing hand, is intended to fuel the firm’s relentless acquisition of Bitcoin [BTC]. 🪙🔥
As the world spins into a whirlwind of uncertainty, with political wranglings that could make a soap opera blush, our beloved BTC is cozying up as the “safer” harbor for all those jittery investors. For now, of course! 😂
