Plasma Foundation's General Counsel Jacob Wittman posted on platform X stating that the Plasma Foundation has officially become a member of the Blockchain Association, the lobbying organization for the U.S. blockchain industry.
The association plays an important role in voicing digital asset policy, and the Plasma team will engage in subsequent industry dialogues alongside Dan Spuller, Summer Mersinger, and others.
Make a bold prediction The market will steadily rise in August, around 120,000 to 130,000 Interest rate cuts will officially land in September, 130,000 to 140,000 USD End of September to October 7, favorable news, 150,000 to 160,000 USD
Mid-October will see a significant correction, around 80,000 USD Bull market ends, bear market begins
After the explosion of the multi-army and the air force, when the big pie reaches 10800, it basically hits the bottom, then rebounds all the way to 123800, after the kill, the bull market goes to September, back and forth killing
Trump's financial assets increased by 800%, reaching $3.1 billion, the money-raising president
The Nasdaq-listed Trump Media Technology Group (DJT) released its financial performance report for the period ending June 30, 2025, which disclosed:
1. As of the second quarter of this year, the scale of financial assets reached approximately $3.1 billion, including cash, cash equivalents, restricted cash, trading securities, and short-term investments, a year-on-year increase of about 800%. The largest factor for this growth is that the company raised nearly $2.4 billion for its Bitcoin funding strategy and accumulated about $2 billion in Bitcoin and Bitcoin-related securities in July of this year, making it one of the largest publicly traded companies in terms of Bitcoin funding.
2. In the second quarter, it achieved positive operating cash flow for the first time, with total cash flow from operating activities reaching $2.3 million, but the net loss hit $20 million.
3. The Truth+ plan will launch a reward program and embed a utility token in the digital wallet. This token can initially be used to pay for Truth+ subscription fees and later for other products and services within the Truth ecosystem.
The Supreme People's Procuratorate issued the "Announcement on the Establishment of Research Topics for the Supreme People's Procuratorate's Application Theory Research in 2025", which includes six research topics related to virtual currency: "Research on the Disposal Path of Criminal Involved Virtual Currency", "Research on the Regulation of Virtual Currency Crimes and Judicial Disposal Issues", "Research on Criminal Legal Risks and Coping Strategies under the Rapid Development of Virtual Currency", "Research on the Legal Attributes of Virtual Currency and Judicial Disposal Paths", "Practical Issues in the Criminal Justice Disposal of Involved Virtual Currency", and "Research on Evidence Review in Virtual Currency Cases". Among them, four focus on the judicial disposal of involved virtual currency, indicating that this field is receiving high attention from the Supreme Procuratorate.
According to Ember CN monitoring, Ethereum micro-strategy company SharpLink has deposited 108 million USDC in the past 7 hours and transferred it to Galaxy Digital. Currently, they have purchased 14,933 ETH (valued at approximately 53 million USD) at a buying price of 3,550 USD.
Since early June, SharpLink Gaming has been accumulating ETH under a micro-strategy operation model, and to date, they have acquired a total of 464,000 ETH, valued at 1.62 billion USD. The average purchase price is approximately 3,029 USD, currently showing an unrealized profit of 214 million USD.
Trump's tariffs hit 90 countries! BTC evaporated $300 billion overnight, scope: 10%-41% tariff rates for 90 countries, Canada raised to 35%, Mexico has a 90-day buffer period. Time: Effective August 7, sea freight on October 1, U.S.-China negotiations deadline on August 12. Industries: Core supplies including steel, aluminum, automobiles, etc.
In this round of crypto behind it, institutional capital is the key driver. According to a report released by Galaxy Research on Thursday, Bitcoin financial companies such as Strategy, Metaplanet, and SharpLink currently hold a total of crypto assets valued at 100 billion USD. Among them, Bitcoin accounts for an absolute majority, holding a total of 791,662 BTC (approximately 93 billion USD), which is equivalent to 3.98% of the circulating supply; the Ethereum portion is 1.3 million ETH, worth over 4 billion USD, accounting for 1.09% of the supply.
The Q2 financial report released by Strategy (MSTR) also shows that the company’s revenue reached a historical high, with revenue of approximately 14.03 billion USD, a year-on-year increase of 7106%. This includes unrealized gains on digital assets of 14 billion USD. As of July 30, Strategy holds a total of 628,791 Bitcoins, with an average holding cost of 73,277 USD per coin. The company also announced an application for 4.2 billion USD in STRC issuance financing, which will further be used to increase BTC holdings.
Another whale, The Ether Machine, holds 334,800 ETH (approximately 1.24 billion USD), making it the third largest holding institution, second only to the Ethereum Foundation.