Back’s newly launched Bitcoin Standard Treasury (BSTR) is set to merge with Cantor Equity Partners I (CEPO), bringing 30,021 BTC onto its balance sheet and instantly ranking it as the fourth-largest public Bitcoin holder globally. Move over, Strategy and Tesla! 🚀
As we gaze into the bizarre world of Bitcoin [BTC], the price stands stoically at $118,237, barely shifting like a statue of a long-forgotten hero. Despite wielding $73 billion in trading volume, it falls pitifully short of the glorious peak of $123,000. How tragic is the plight of once-mighty Bitcoin?
Ripple co-founder Chris Larsen’s crypto wallet transferred approximately $26 million worth of XRP to Coinbase this week. It remains unclear whether the funds have been sold. Since the beginning of the year, the wallet has transferred a total of around 106 million XRP. XRP…
It was on the fateful day of July 17, under the Nevada sun, that BitMine announced its miraculous feat, tripling the paltry sum of $250 million it had raised just days prior. Such rapid accumulation of wealth could give even the most enterprising of thieves a run for their money! 😊
This crypto has been climbing up the charts like it’s training for the Olympics! It smashed through that stubborn $2.60 wall, the one that’s been holding it back—like me trying to get through a crowded deli. Now we’re in overbought territory, which sounds smart, but honestly, it’s just code for “everyone’s losing their mind.”
No, dear reader, the markets are a discerning mistress, and they care not just that a company holds Bitcoin, but how it holds it. It is a distinction that has led to some most intriguing disparities in the valuation of certain firms. For instance, Strategy, that great bastion of Bitcoin enthusiasm, trades at nearly double the valuation of its BTC holdings, while Marathon Digital, with its 85% Bitcoin-backed market cap, trades at a mere par with its reserves 🤔.
Institutional interest in Solana surged notably in July 2025, marking a pivotal shift in how major investors view the blockchain. The launch of U.S.-based spot Solana ETFs, particularly the REX-Osprey Solana + Staking ETF (SSK), has attracted over $41 million in inflows within just days of its debut. Collectively, three newly launched Solana ETFs have accumulated nearly $78 million in assets under management, signaling strong early demand.
Less than a week ago, bitcoin (BTC) reached a new all-time high price of approximately $123,000. Since then, though, the primary cryptocurrency has cooled off slightly, giving room for some of the leading altcoins to record substantial gains, too.
Ah, the valiant warriors of finance, those who bet against the tide! According to the esteemed purveyors of data at CoinGlass, a definitive $2.82 million vanished into thin air within a mere hour, as the embellishing price of Solana escalated towards the enigmatic $180 threshold. This rise, akin to a wild tempest, caught the shorts completely unawares, leaving them floundering like fish out of water.
Amidst this digital chaos, the company Strategy (formerly known as MicroStrategy — a name which probably brings a chuckle or two) has become the vaudeville star of the show due to its audacious embrace of Bitcoin. Once a mere whisper in the corridors of finance, it now stands proud among America’s top 100 public companies, a testament to Bitcoin’s relentless creep into the heart of old-money establishments. 💰