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$BNB BNB Chain Weekly Report: Daily Active Users of BSC and opBNB Reach 2.27 Million and 1.79 Million, with 7-Day Trading Volume Reaching $43.08 Billion
PANews reported on August 1st that according to the latest BNB Chain ecosystem report (July 24th to 30th), BSC and opBNB had average daily active users of 2.27 million and 1.79 million, respectively, with a total transaction volume of 10.1 billion transactions, a total locked-in value of $11.99 billion, and a seven-day trading volume of $43.08 billion. On July 28th, $BNB reached a record high of $859.56, becoming the fifth-largest cryptocurrency by market capitalization. Additionally, BNB Chain announced it has entered a new upgrade phase, allowing developers to submit proposals and participate in its development. The 0 transaction fee promotion has been extended to August 31st. On July 25th, the MVB Accelerator program announced its Season 10 winners. Applications are now open for the first Builder Bunker, the New York developer base.
PANews reported on August 1st that according to the latest BNB Chain ecosystem report (July 24th to 30th), BSC and opBNB had average daily active users of 2.27 million and 1.79 million, respectively, with a total transaction volume of 10.1 billion transactions, a total locked-in value of $11.99 billion, and a seven-day trading volume of $43.08 billion. On July 28th, $BNB reached a record high of $859.56, becoming the fifth-largest cryptocurrency by market capitalization. Additionally, BNB Chain announced it has entered a new upgrade phase, allowing developers to submit proposals and participate in its development. The 0 transaction fee promotion has been extended to August 31st. On July 25th, the MVB Accelerator program announced its Season 10 winners. Applications are now open for the first Builder Bunker, the New York developer base.
#ProjectCrypto SEC Chair Launches ‘Project Crypto’ To Position US As Global Crypto Leader
US Securities and Exchange Commission (SEC) Chair Paul Atkins, recently unveiled a new initiative called “Project Crypto,” aimed at transforming the country into the “crypto capital of the world,” in line with President Donald Trump’s promises to the industry.
This announcement, made during his address on Thursday, marks a notable departure from the aggressive enforcement policies of his predecessor, Gary Gensler, who had been criticized for his tough stance on the digital asset industry.
SEC Aims To Revitalize US Crypto Market
Atkins’ speech follows the release of a comprehensive 166-page report from the White House on Wednesday that outlines its approach to regulating the cryptocurrency sector.
With just over three months in office, Atkins has made it clear that he intends to foster a more supportive regulatory environment for digital assets, contrasting sharply with Gensler’s approach, which many in the industry viewed as overly punitive.
During his address, Atkins outlined several priorities for the SEC, including the development of “clear and simple rules of the road” for various crypto activities, such as custody and trading. He also proposed allowing exchanges to evolve into “super-apps,” which would enable them to provide a wider array of services to users
US Securities and Exchange Commission (SEC) Chair Paul Atkins, recently unveiled a new initiative called “Project Crypto,” aimed at transforming the country into the “crypto capital of the world,” in line with President Donald Trump’s promises to the industry.
This announcement, made during his address on Thursday, marks a notable departure from the aggressive enforcement policies of his predecessor, Gary Gensler, who had been criticized for his tough stance on the digital asset industry.
SEC Aims To Revitalize US Crypto Market
Atkins’ speech follows the release of a comprehensive 166-page report from the White House on Wednesday that outlines its approach to regulating the cryptocurrency sector.
With just over three months in office, Atkins has made it clear that he intends to foster a more supportive regulatory environment for digital assets, contrasting sharply with Gensler’s approach, which many in the industry viewed as overly punitive.
During his address, Atkins outlined several priorities for the SEC, including the development of “clear and simple rules of the road” for various crypto activities, such as custody and trading. He also proposed allowing exchanges to evolve into “super-apps,” which would enable them to provide a wider array of services to users
#TrumpBitcoinEmpire Trump Media Announces Bitcoin Treasury Holdings Reached $2 Billion – Details
US President Donald Trump’s social media company, Trump Media, has revealed its multi-billion Bitcoin (BTC) holdings as part of its crypto treasury strategy. The news follows the President’s recent post praising the flagship cryptocurrency.
Trump Media Continues Bitcoin Treasury Strategy
On Monday, Trump Media and Technology Group (TMTG) announced that the company has accumulated approximately $2 billion worth of Bitcoin and BTC-related securities for its BTC treasury strategy.
The company, which operates the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, revealed that its Bitcoin Treasury holdings account for two-thirds of its nearly $3 billion in liquid assets.
Trump Media stated that it has also allocated around $300 million for purchasing options tied to BTC-related securities, but did not offer a breakdown of the $2 billion holdings. Additionally, it shared its plans to continue buying Bitcoin and BTC-related assets, and convert its options into spot Bitcoin, depending on market conditions, to “generate revenues and potentially acquire additional crypto assets.”
Trump Media’s CEO and President Devin Nunes said, “We’re rigorously implementing our publicly announced strategy and fulfilling our bitcoin treasury plan.” He reaffirmed that the company’s strategy helps ensure its financial freedom and protect it “against discrimination by financial institutions and will create synergies with the utility token we’re planning to introduce across the Truth Social ecosphere.”
US President Donald Trump’s social media company, Trump Media, has revealed its multi-billion Bitcoin (BTC) holdings as part of its crypto treasury strategy. The news follows the President’s recent post praising the flagship cryptocurrency.
Trump Media Continues Bitcoin Treasury Strategy
On Monday, Trump Media and Technology Group (TMTG) announced that the company has accumulated approximately $2 billion worth of Bitcoin and BTC-related securities for its BTC treasury strategy.
The company, which operates the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, revealed that its Bitcoin Treasury holdings account for two-thirds of its nearly $3 billion in liquid assets.
Trump Media stated that it has also allocated around $300 million for purchasing options tied to BTC-related securities, but did not offer a breakdown of the $2 billion holdings. Additionally, it shared its plans to continue buying Bitcoin and BTC-related assets, and convert its options into spot Bitcoin, depending on market conditions, to “generate revenues and potentially acquire additional crypto assets.”
Trump Media’s CEO and President Devin Nunes said, “We’re rigorously implementing our publicly announced strategy and fulfilling our bitcoin treasury plan.” He reaffirmed that the company’s strategy helps ensure its financial freedom and protect it “against discrimination by financial institutions and will create synergies with the utility token we’re planning to introduce across the Truth Social ecosphere.”
$BNB BNB Drops After Failed Breakout, Key Support Holds as Corporate Accumulation Grows
The decline has Solana's sol (SOL) to overtake BNB's market capitalization, with SOL rising 3.5% to a market cap of $109.3 billion.
BNB's price fell almost 1.5% in 24 hours to around $765 after reaching a high of $780 earlier in the week.
The decline allowed Solana's sol (SOL) to surpass BNB's market capitalization, with SOL rising 3.5% to a market cap of $109.3 billion.
Binance announced a temporary pause in BNB Smart Chain withdrawals for wallet maintenance, and Nano Labs increased its BNB holdings to 120,000 tokens, valued at around $90 million.
BNB’s price slipped nearly 1.5% in volatile trading over the last 24-hour period to trade recently around $765. It’s down from a near $780 high earlier this week.
The move carved out a $34.87 range in a short window as institutional selling hit the market and buyers scrambled to defend key support. Trading volume spiked to nearly 12,000 tokens during a single hour, pointing to a wave of liquidation near the $760 psychological level, according to CoinDesk Research's technical analysis model.
The decline has Solana's sol (SOL) to overtake BNB's market capitalization, with SOL rising 3.5% to a market cap of $109.3 billion.
BNB's price fell almost 1.5% in 24 hours to around $765 after reaching a high of $780 earlier in the week.
The decline allowed Solana's sol (SOL) to surpass BNB's market capitalization, with SOL rising 3.5% to a market cap of $109.3 billion.
Binance announced a temporary pause in BNB Smart Chain withdrawals for wallet maintenance, and Nano Labs increased its BNB holdings to 120,000 tokens, valued at around $90 million.
BNB’s price slipped nearly 1.5% in volatile trading over the last 24-hour period to trade recently around $765. It’s down from a near $780 high earlier this week.
The move carved out a $34.87 range in a short window as institutional selling hit the market and buyers scrambled to defend key support. Trading volume spiked to nearly 12,000 tokens during a single hour, pointing to a wave of liquidation near the $760 psychological level, according to CoinDesk Research's technical analysis model.
#BTCvsETH Crypto funds hit record $4.39B weekly inflows pushing AUM to $220B as Ethereum breaks records with $2.12B amid 14-week streak.
The surge marks the 14th consecutive week of inflows, bringing year-to-date totals to $27 billion as institutional appetite intensifies across Bitcoin and Ethereum products.
The past 13 weeks of inflows now represent 23% of Ethereum’s total assets under management.
Bitcoin attracted $2.2 billion in inflows, down from last week’s $2.7 billion, while ETP trading volumes comprised 55% of total Bitcoin exchange volume.
Ethereum Breaks Multiple Records as Institutional Interest Surges
Ethereum’s $2.12 billion weekly inflow smashed all previous records, with the 13-week cumulative total representing an unprecedented 23% of the cryptocurrency’s assets under management.
This compares favorably to Bitcoin’s 9.8% inflow-to-AUM ratio over the same period.
Spot Ethereum ETFs recorded $2.18 billion in weekly net inflows from July 14 to 18, setting a new all-time high and marking eight consecutive days of positive flows.
BlackRock’s ETHA led the charge with substantial institutional adoption, while Fidelity and Grayscale products contributed to the broad-based demand.
The surge positions Ethereum ETFs as serious competitors to Bitcoin products in terms of institutional appeal, especially as Bitcoin dominance is decreasing.
The surge marks the 14th consecutive week of inflows, bringing year-to-date totals to $27 billion as institutional appetite intensifies across Bitcoin and Ethereum products.
The past 13 weeks of inflows now represent 23% of Ethereum’s total assets under management.
Bitcoin attracted $2.2 billion in inflows, down from last week’s $2.7 billion, while ETP trading volumes comprised 55% of total Bitcoin exchange volume.
Ethereum Breaks Multiple Records as Institutional Interest Surges
Ethereum’s $2.12 billion weekly inflow smashed all previous records, with the 13-week cumulative total representing an unprecedented 23% of the cryptocurrency’s assets under management.
This compares favorably to Bitcoin’s 9.8% inflow-to-AUM ratio over the same period.
Spot Ethereum ETFs recorded $2.18 billion in weekly net inflows from July 14 to 18, setting a new all-time high and marking eight consecutive days of positive flows.
BlackRock’s ETHA led the charge with substantial institutional adoption, while Fidelity and Grayscale products contributed to the broad-based demand.
The surge positions Ethereum ETFs as serious competitors to Bitcoin products in terms of institutional appeal, especially as Bitcoin dominance is decreasing.
#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_JLM1D
#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_JLM1D
#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_JLM1D
#CryptoMeteorShower Catch the crypto meteor shower from the #BinanceTurns8 celebration! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_JLM1D
See you at $150K,’ says Bitcoin bull after BTC taps new highs
Economist Timothy Peterson said that if Bitcoin hadn’t reclaimed its all-time high, the market might have had to wait until October for the next opportunity.
Bitcoin could be heading to $150,000 after spiking to a new all-time high of $112,000 on Wednesday, according to a Bitcoin bull.
“See you at $150k,” Milk Road co-founder Kyle Reidhead said in an X post on Wednesday, referencing a previous post in late June showing a “bullish cup and handle” formation that he said will push Bitcoin
BTC
$110,970
to $150,000.
The optimism follows two weeks of tight consolidation, which saw many analysts concerned Bitcoin may not have the strength to pass its former record high in May.
Bitcoin’s much-needed boost
The new all-time high appears to have come at good timing.
Just hours before Bitcoin’s new high, economist Timothy Peterson told Cointelegraph that if Bitcoin doesn’t hit new highs within the next two weeks, the asset likely won’t be able to come close until October.
Market sentiment is increasing, too. The Crypto Fear & Greed Index, which measures overall crypto market sentiment, spiked 5 points to a “Greed” score of 71 out of 100.
Meanwhile, the CoinMarketCap Altcoin Season Index signals the market is still heavily favoring Bitcoin, with a “Bitcoin Season” score of 26 out of 100.
From a technical standpoint, Bitcoin appears to have broken out of its recent downtrend, according to crypto analyst Matthew Hyland. “BTC confirms daily higher-high and confirms an end to the downtrend that started in late May,” Hyland said in a post on Wednesday.
#BTCBreaksATH #BinanceTurns8
#SECETFApproval
Economist Timothy Peterson said that if Bitcoin hadn’t reclaimed its all-time high, the market might have had to wait until October for the next opportunity.
Bitcoin could be heading to $150,000 after spiking to a new all-time high of $112,000 on Wednesday, according to a Bitcoin bull.
“See you at $150k,” Milk Road co-founder Kyle Reidhead said in an X post on Wednesday, referencing a previous post in late June showing a “bullish cup and handle” formation that he said will push Bitcoin
BTC
$110,970
to $150,000.
The optimism follows two weeks of tight consolidation, which saw many analysts concerned Bitcoin may not have the strength to pass its former record high in May.
Bitcoin’s much-needed boost
The new all-time high appears to have come at good timing.
Just hours before Bitcoin’s new high, economist Timothy Peterson told Cointelegraph that if Bitcoin doesn’t hit new highs within the next two weeks, the asset likely won’t be able to come close until October.
Market sentiment is increasing, too. The Crypto Fear & Greed Index, which measures overall crypto market sentiment, spiked 5 points to a “Greed” score of 71 out of 100.
Meanwhile, the CoinMarketCap Altcoin Season Index signals the market is still heavily favoring Bitcoin, with a “Bitcoin Season” score of 26 out of 100.
From a technical standpoint, Bitcoin appears to have broken out of its recent downtrend, according to crypto analyst Matthew Hyland. “BTC confirms daily higher-high and confirms an end to the downtrend that started in late May,” Hyland said in a post on Wednesday.
#BTCBreaksATH #BinanceTurns8
#SECETFApproval
#BTCWhaleMovement Market behavior like this usually foreshadows large moves,” Check explained in his latest Checkonchain newsletter, suggesting Bitcoin might reach $120,000 faster than expected.
This view comes amid broader bullish sentiment. Falling implied volatility, climbing short positions, and stablecoin inflows between $4–6 billion per month all hint at rising accumulation by major players. At the same time, improving macro conditions, Trump’s pro-crypto stance, and talk of fresh liquidity injections in the U.S. are fueling optimism.
However, not everyone is convinced. Critic Jim Chanos argues that Strategy’s stock is overpriced, calling Saylor’s approach “financial engineering” and dismissing investor enthusiasm as irrational.
Still, with signals aligning and risk appetite growing, the stage may be set for Bitcoin to make its next move.
This view comes amid broader bullish sentiment. Falling implied volatility, climbing short positions, and stablecoin inflows between $4–6 billion per month all hint at rising accumulation by major players. At the same time, improving macro conditions, Trump’s pro-crypto stance, and talk of fresh liquidity injections in the U.S. are fueling optimism.
However, not everyone is convinced. Critic Jim Chanos argues that Strategy’s stock is overpriced, calling Saylor’s approach “financial engineering” and dismissing investor enthusiasm as irrational.
Still, with signals aligning and risk appetite growing, the stage may be set for Bitcoin to make its next move.
#SpotVSFuturesStrategy Ethereum’s comeback strategy — Foundation exec reveals what’s next
In an exclusive interview with Cointelegraph, Ethereum Foundation Co-Executive Director Tomasz Stanczak shares rare insights on Ethereum’s future and challenges.
As Ethereum marks its 10th anniversary, the platform finds itself at a critical point in its journey. In an exclusive interview with Cointelegraph, Tomasz Stanczak, co-executive director of the Ethereum Foundation, discusses the shifting landscape of blockchain technology — and what’s next for Ethereum.
During the interview, Stanczak addresses the growing competition from newer blockchains such as Solana, Aptos and others. While critics argue that Ethereum is lagging behind in terms of speed and user experience, Stanczak makes clear that the foundation has been focused on long-term priorities and careful progress, even amid outside noise.
He also shares his perspective on Ethereum’s evolving ecosystem, particularly the increasingly important relationship between layer-1 and layer-2 solutions. According to Stanczak, the focus is now on interoperability, tools and standards that can bring more cohesion to the Ethereum network — without compromising its core principles, such as decentralization and neutrality.
The conversation also touches on staking incentives and the ongoing debate about whether Ethereum can continue to attract validators as layer-2 solutions grow. Stanczak suggests that while institutional players often focus on returns, many community members prioritize Ethereum’s long-term values and security.
Community building is another hot topic. Stanczak reflects on Ethereum’s unique position in the crypto space and the foundation’s approach compared to rivals that have gained attention for aggressive outreach and rapid growth.
The interview also delves into Ethereum co-founder Vitalik Buterin’s current influence and the subtle ways he continues to shape Ethereum’s direction.
Is Ethereum facing serious risks — or is it quietly preparing for its strongest chapter yet?
In an exclusive interview with Cointelegraph, Ethereum Foundation Co-Executive Director Tomasz Stanczak shares rare insights on Ethereum’s future and challenges.
As Ethereum marks its 10th anniversary, the platform finds itself at a critical point in its journey. In an exclusive interview with Cointelegraph, Tomasz Stanczak, co-executive director of the Ethereum Foundation, discusses the shifting landscape of blockchain technology — and what’s next for Ethereum.
During the interview, Stanczak addresses the growing competition from newer blockchains such as Solana, Aptos and others. While critics argue that Ethereum is lagging behind in terms of speed and user experience, Stanczak makes clear that the foundation has been focused on long-term priorities and careful progress, even amid outside noise.
He also shares his perspective on Ethereum’s evolving ecosystem, particularly the increasingly important relationship between layer-1 and layer-2 solutions. According to Stanczak, the focus is now on interoperability, tools and standards that can bring more cohesion to the Ethereum network — without compromising its core principles, such as decentralization and neutrality.
The conversation also touches on staking incentives and the ongoing debate about whether Ethereum can continue to attract validators as layer-2 solutions grow. Stanczak suggests that while institutional players often focus on returns, many community members prioritize Ethereum’s long-term values and security.
Community building is another hot topic. Stanczak reflects on Ethereum’s unique position in the crypto space and the foundation’s approach compared to rivals that have gained attention for aggressive outreach and rapid growth.
The interview also delves into Ethereum co-founder Vitalik Buterin’s current influence and the subtle ways he continues to shape Ethereum’s direction.
Is Ethereum facing serious risks — or is it quietly preparing for its strongest chapter yet?
XRP, Solana, Cardano Multi-Asset ETF Approval Highly Likely This Week: Expert
The US Securities and Exchange Commission (SEC) enters the final stretch of its review of Grayscale Investments’ bid to convert the $760 million Digital Large Cap Fund (GDLC)—which includes Bitcoin, Ethereum, XRP, Solana and Cardano—into an exchange-traded fund, with the statutory deadline set for July 2. ETF Store president Nate Geraci told his followers on X in the early hours of Monday that there is a “high likelihood” the conversion will be cleared, adding that approval would “then be followed later by approval for individual spot ETFs on XRP, SOL, ADA, etc.”
Geraci’s optimism rests in part on the composition of GDLC. As of June 27 the fund holds 80.8 percent Bitcoin and 11.1 percent Ether, while XRP, Solana and Cardano account for a combined 8.1 percent—well below the weights that have historically triggered regulatory push-back on liquidity or market-manipulation grounds. “XRP, SOL & ADA represent <10 % combined of GDLC’s holdings. Easy way to slowly step into other assets,” he wrote, framing the multi-token product as a low-risk sandbox for the agency.
Spot XRP, SOL And Cardano ETFs Incoming
The incremental approach dovetails with the SEC’s own playbook. Spot Bitcoin ETFs were green-lit in January 2024 after a federal court faulted the Commission for inconsistent reasoning, and spot Ether ETFs followed seven months later.
Geraci argues that the Commission already has a template for limited non-traditional exposures. Since February the SEC has permitted up to 15 percent of an ETF’s portfolio to consist of illiquid private-credit instruments, provided sponsors can demonstrate robust valuation and liquidity controls. “No reason to not allow 10 % weighting to crypto assets besides already-approved BTC & ETH,” he noted, calling it “incongruent” to maintain different thresholds for digital assets.
#DYMBinanceHODL
#StrategyBTCPurchase
#NODEBinanceTGE
#USCorePCEMay
#BTC110KToday?
The US Securities and Exchange Commission (SEC) enters the final stretch of its review of Grayscale Investments’ bid to convert the $760 million Digital Large Cap Fund (GDLC)—which includes Bitcoin, Ethereum, XRP, Solana and Cardano—into an exchange-traded fund, with the statutory deadline set for July 2. ETF Store president Nate Geraci told his followers on X in the early hours of Monday that there is a “high likelihood” the conversion will be cleared, adding that approval would “then be followed later by approval for individual spot ETFs on XRP, SOL, ADA, etc.”
Geraci’s optimism rests in part on the composition of GDLC. As of June 27 the fund holds 80.8 percent Bitcoin and 11.1 percent Ether, while XRP, Solana and Cardano account for a combined 8.1 percent—well below the weights that have historically triggered regulatory push-back on liquidity or market-manipulation grounds. “XRP, SOL & ADA represent <10 % combined of GDLC’s holdings. Easy way to slowly step into other assets,” he wrote, framing the multi-token product as a low-risk sandbox for the agency.
Spot XRP, SOL And Cardano ETFs Incoming
The incremental approach dovetails with the SEC’s own playbook. Spot Bitcoin ETFs were green-lit in January 2024 after a federal court faulted the Commission for inconsistent reasoning, and spot Ether ETFs followed seven months later.
Geraci argues that the Commission already has a template for limited non-traditional exposures. Since February the SEC has permitted up to 15 percent of an ETF’s portfolio to consist of illiquid private-credit instruments, provided sponsors can demonstrate robust valuation and liquidity controls. “No reason to not allow 10 % weighting to crypto assets besides already-approved BTC & ETH,” he noted, calling it “incongruent” to maintain different thresholds for digital assets.
#DYMBinanceHODL
#StrategyBTCPurchase
#NODEBinanceTGE
#USCorePCEMay
#BTC110KToday?
VivoPower CEO Credits ‘XRP Army’ for $121M Treasury Move, Calls Bitcoin Treasuries Crowded
VivoPower recently announced plans to become the first publicly traded company to adopt XRP as a treasury reserve asset. This decision came shortly after the company successfully completed a $121 million private offering, making headlines in both the crypto and business worlds.
Why XRP? The CEO Explains
In a recent interview with Tony Edwards, VivoPower’s CEO Kevin Chin opened up about why the company chose XRP over more popular options like Bitcoin, Ethereum, or Solana.
Chin shared that his belief in XRP isn’t new. He’s been following and investing in digital assets for years. But what really stood out, according to him, is XRP’s potential in the DeFi (Decentralized Finance) space. “I have genuine conviction in XRP and what it can do for markets,” Chin explained.
He also said that while Bitcoin treasuries have become common, with over 100 companies holding BTC in their reserves, the market for XRP is still relatively untapped. “We saw a gap in the market,” he added, hinting that VivoPower wanted to be the first mover in this space.
“I think there’s more than 100 Bitcoin treasury companies as well. We felt that it was quite crowded already. And there are people doing it very well in the markets already. Similarly, with Solana and ETH, there were already other players,” he said.
XRP’s Loyal Following Played a Role
Another reason behind the move was XRP’s strong and passionate global community, famously known as the ‘XRP Army.’ Chin admitted that the company has been part of this community and recognizes the influence and dedication of XRP holders worldwide.
A Big Win for XRP Adoption
This decision marks a big moment for XRP and its supporters. As more traditional businesses explore cryptocurrencies, VivoPower’s announcement could inspire others to look beyond Bitcoin and Ethereum, opening new opportunities for digital assets like XRP in the corporate world.
#BTC110KToday?
#BinanceAlphaAlert
#BinanceHODLerSAHARA
#MarketRebound
VivoPower recently announced plans to become the first publicly traded company to adopt XRP as a treasury reserve asset. This decision came shortly after the company successfully completed a $121 million private offering, making headlines in both the crypto and business worlds.
Why XRP? The CEO Explains
In a recent interview with Tony Edwards, VivoPower’s CEO Kevin Chin opened up about why the company chose XRP over more popular options like Bitcoin, Ethereum, or Solana.
Chin shared that his belief in XRP isn’t new. He’s been following and investing in digital assets for years. But what really stood out, according to him, is XRP’s potential in the DeFi (Decentralized Finance) space. “I have genuine conviction in XRP and what it can do for markets,” Chin explained.
He also said that while Bitcoin treasuries have become common, with over 100 companies holding BTC in their reserves, the market for XRP is still relatively untapped. “We saw a gap in the market,” he added, hinting that VivoPower wanted to be the first mover in this space.
“I think there’s more than 100 Bitcoin treasury companies as well. We felt that it was quite crowded already. And there are people doing it very well in the markets already. Similarly, with Solana and ETH, there were already other players,” he said.
XRP’s Loyal Following Played a Role
Another reason behind the move was XRP’s strong and passionate global community, famously known as the ‘XRP Army.’ Chin admitted that the company has been part of this community and recognizes the influence and dedication of XRP holders worldwide.
A Big Win for XRP Adoption
This decision marks a big moment for XRP and its supporters. As more traditional businesses explore cryptocurrencies, VivoPower’s announcement could inspire others to look beyond Bitcoin and Ethereum, opening new opportunities for digital assets like XRP in the corporate world.
#BTC110KToday?
#BinanceAlphaAlert
#BinanceHODLerSAHARA
#MarketRebound
$BTC Michael Saylor’s Strategy premium is not ‘unreasonable’: Adam Back
Adam Back says that since Strategy typically takes 16 to 18 months to double its Bitcoin per share, the premium on its stock is not "unreasonable.”
Blockstream CEO Adam Back says Michael Saylor’s Strategy (MSTR) stock premium is within reason, considering how quickly the firm doubles its Bitcoin per share, which reduces risk for investors.
“It turns out in the case of MicroStrategy it’s been 16 months, 18 months,” he told Bitcoin podcaster Stephan Livera at BTC Prague on Saturday, referring to the typical time it takes for Strategy to double its Bitcoin
BTC
$102,381
per share, noting that the stock has traded at a 2x multiple “on and off.”
MSTR’s track record justifies its premium, says Back
“So you can see that that’s not an unreasonable premium,” he said. Back explained that if Strategy’s Bitcoin per share keeps growing at the same rate, after about a year and a half, investors “would be at an equivalent” of the market net asset value (mNAV) — meaning the stock price would align with the value of its underlying Bitcoin holdings.
“So, you’re derisked actually,” he said.
“It’s got a hard currency base at that level,” he added. MSTR’s net asset value premium is currently about 1.7x based on basic shares and around 1.9x when calculated on a diluted share basis, according to MSTR Tracker. Strategy uses leverage, using financial instruments such as at-the-market equity offerings (ATM) and convertible senior notes to increase its Bitcoin holdings.
Saylor Tracker data shows the firm holds 592,100 Bitcoin at the time of publication, worth approximately $60.89 billion.
MSTR closed the trading day on Friday at $369.70, down 7.45% over the past 30 days, according to Google Finance data.
Back reiterated that when investing in Bitcoin treasury companies, it’s important for investors to consider whether the premium “is reasonable.” He added:
“One way to think about the premium is how many months does it take to overcome the premium.”
Adam Back says that since Strategy typically takes 16 to 18 months to double its Bitcoin per share, the premium on its stock is not "unreasonable.”
Blockstream CEO Adam Back says Michael Saylor’s Strategy (MSTR) stock premium is within reason, considering how quickly the firm doubles its Bitcoin per share, which reduces risk for investors.
“It turns out in the case of MicroStrategy it’s been 16 months, 18 months,” he told Bitcoin podcaster Stephan Livera at BTC Prague on Saturday, referring to the typical time it takes for Strategy to double its Bitcoin
BTC
$102,381
per share, noting that the stock has traded at a 2x multiple “on and off.”
MSTR’s track record justifies its premium, says Back
“So you can see that that’s not an unreasonable premium,” he said. Back explained that if Strategy’s Bitcoin per share keeps growing at the same rate, after about a year and a half, investors “would be at an equivalent” of the market net asset value (mNAV) — meaning the stock price would align with the value of its underlying Bitcoin holdings.
“So, you’re derisked actually,” he said.
“It’s got a hard currency base at that level,” he added. MSTR’s net asset value premium is currently about 1.7x based on basic shares and around 1.9x when calculated on a diluted share basis, according to MSTR Tracker. Strategy uses leverage, using financial instruments such as at-the-market equity offerings (ATM) and convertible senior notes to increase its Bitcoin holdings.
Saylor Tracker data shows the firm holds 592,100 Bitcoin at the time of publication, worth approximately $60.89 billion.
MSTR closed the trading day on Friday at $369.70, down 7.45% over the past 30 days, according to Google Finance data.
Back reiterated that when investing in Bitcoin treasury companies, it’s important for investors to consider whether the premium “is reasonable.” He added:
“One way to think about the premium is how many months does it take to overcome the premium.”
$BTC Nakamoto Holdings secures $51.5M to expand Bitcoin treasury strategy
Nakamoto Holdings, led by Trump’s crypto adviser David Bailey, raises $51.5M in fresh capital to accelerate its Bitcoin acquisition strategy.
Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey, has secured $51.5 million in fresh capital through a private placement in public equity (PIPE) deal, according to a statement from merger partner KindlyMD.
Bailey said that the new funds were raised in less than 72 hours, reflecting growing investor appetite for Nakamoto’s Bitcoin
BTC
$103,513
accumulation strategy.
“Investor demand for Nakamoto is incredibly strong,” Bailey said. “We continue to execute our strategy to raise as much capital as possible to acquire as much Bitcoin as possible.”
The financing, priced at $5.00 per share, brings KindlyMD’s total funding to approximately $563 million, and $763 million including convertible notes.
Nakamoto launches to build a Bitcoin treasury
Nakamoto’s approach mirrors the playbook used by other corporate entities aiming to leverage BTC as a reserve asset. The company was launched earlier this year with the explicit goal of building a sizable Bitcoin treasury, even as broader market sentiment remains mixed.
Proceeds from the latest round will be used primarily for Bitcoin purchases, along with working capital and general corporate needs. The PIPE financing is set to close alongside the anticipated merger with KindlyMD, which trades under the ticker NAKA on the Nasdaq.
Last month, shareholders of healthcare services firm KindlyMD approved a merger with Nakamoto Holdings. Both companies plan to file information statements with the SEC, with the merger expected to finalize in Q3 2025.
The companies first announced the merger on May 12, saying the merged entity would use equity, debt, and other offerings to develop a slew of Bitcoin-native companies. Additionally, the company will bolster its treasury by accumulating Bitcoin.
Nakamoto Holdings, led by Trump’s crypto adviser David Bailey, raises $51.5M in fresh capital to accelerate its Bitcoin acquisition strategy.
Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey, has secured $51.5 million in fresh capital through a private placement in public equity (PIPE) deal, according to a statement from merger partner KindlyMD.
Bailey said that the new funds were raised in less than 72 hours, reflecting growing investor appetite for Nakamoto’s Bitcoin
BTC
$103,513
accumulation strategy.
“Investor demand for Nakamoto is incredibly strong,” Bailey said. “We continue to execute our strategy to raise as much capital as possible to acquire as much Bitcoin as possible.”
The financing, priced at $5.00 per share, brings KindlyMD’s total funding to approximately $563 million, and $763 million including convertible notes.
Nakamoto launches to build a Bitcoin treasury
Nakamoto’s approach mirrors the playbook used by other corporate entities aiming to leverage BTC as a reserve asset. The company was launched earlier this year with the explicit goal of building a sizable Bitcoin treasury, even as broader market sentiment remains mixed.
Proceeds from the latest round will be used primarily for Bitcoin purchases, along with working capital and general corporate needs. The PIPE financing is set to close alongside the anticipated merger with KindlyMD, which trades under the ticker NAKA on the Nasdaq.
Last month, shareholders of healthcare services firm KindlyMD approved a merger with Nakamoto Holdings. Both companies plan to file information statements with the SEC, with the merger expected to finalize in Q3 2025.
The companies first announced the merger on May 12, saying the merged entity would use equity, debt, and other offerings to develop a slew of Bitcoin-native companies. Additionally, the company will bolster its treasury by accumulating Bitcoin.
$BTC BTC Price
Since the high close to $109,000 at the start of the week, Bitcoin has come down to the $104,300 mark.
Since the high close to $109,000 at the start of the week, Bitcoin has come down to the $104,300 mark.
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