A 325% Stock Surge Greets a Tiny Company's Strategy to Buy Solana
Michael Saylor-led Strategy's Bitcoin-accumulation plan is finding more and more fans. Companies are imitating this simple looking, cash churning model by raising funds to buy crypto tokens at a time when volatile digital assets are outrunning stocks.
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Gizmodo
3 minutes ago
- Gizmodo
Forget the Crypto Bros. Wall Street Is Driving the New Crypto Boom
The crypto market is on fire again, but this time, the fuel isn't coming from 'crypto bros' on social media. It's coming from Wall Street, and it's all based on a massive bet that the Federal Reserve is about to cut interest rates. Ether, the second-largest cryptocurrency, is leading the charge, surging nearly 10% in the past 24 hours to $4,723.26, bringing its all-time high of $4,878.26 within sight. This rally is, according to some market observers, a calculated move by large, institutional investors who are flocking to risky assets in anticipation of a major shift in U.S. economic policy. While Bitcoin has been taking a breather, altcoins (a catch-all term for any cryptocurrency other than Bitcoin) are exploding. Ether (ETH), the native currency of the Ethereum blockchain, a platform for decentralized finance (DeFi) services that mimic traditional banking without middlemen, is up nearly 10% in the last day. Ether (ETH) is trading nearing its all-time high of $4,878.26 set in November 2021, according to data from CoinGecko. Other major tokens like Solana (SOL), Cardano (ADA), and Avalanche (AVAX) have all posted sharp gains of 10% to 16%. Even memecoins like Dogecoin (DOGE) are riding the wave, jumping 12%. This broad-based rally is a classic sign of an 'altcoin season,' a period when confident investors move money from the relative safety of Bitcoin into riskier but higher-potential assets. This is reflected in Bitcoin's market dominance, which has fallen to 57.4% of the total crypto market, a sign that investors are diversifying. 'We suspect that investors are selling the first cryptocurrency to finance purchases of altcoins,' said Alex Kuptsikevich, chief market analyst at FxPro. According to experts, this surge is being driven by institutional money, not retail speculation. 'The current hot market is being driven predominantly by institutional adoption, led by aggressive buying from digital asset treasury companies,' Min Jung, a senior analyst at quantitative trading firm Presto, told Decrypt. These professional investors are betting on one thing: a September rate cut from the Federal Reserve. Recent economic data supports their wager. The U.S. labor market is showing signs of slowing down, and last month's inflation numbers came in cooler than expected. With its dual mandates of stable prices and full employment seemingly in check, the Fed now has plenty of room to cut interest rates. Lower rates reduce borrowing costs and encourage investment in higher-yielding, riskier assets. With the stock market already at historic highs, many large investors see crypto as the next logical place to find big returns. The market is already pricing in the Fed's next move. According to the CME FedWatch Tool, traders see an 82.5% probability of a rate cut at the Fed's September meeting. The sentiment is so strong that some are even calling for a more aggressive cut. 'I think the real thing now to think about is: Should we get a 50-basis-point rate cut in September?' U.S. Treasury Secretary Scott Bessent told Fox Business on Tuesday, referring to a half-a-percentage-point cut. The institutional money is flowing in fast. Analysts at Presto noted that 'US Ether ETFs just saw a record $1B single-day inflow, the biggest ever,' a clear sign that big players are positioning themselves for the next leg up in the crypto market. For now, the fate of the rally rests in the hands of the Federal Reserve. US Ether ETFs just saw a record $1B single-day inflow, the biggest ever. Over $15B in ETH now sits in treasury firms. Our Head of Research @ClearLensPC told Bloomberg: 'The proliferation of ETH treasury companies is driving renewed interest in ETH.' ETH? $4,300 and up.… — Presto Research (@Presto_Research) August 12, 2025Yes, crypto is used by some for shady, even criminal purposes. But the warm embrace from the Trump administration, paired with the scent of easy money from a Fed rate cut, is making Wall Street pour billions into digital assets. Institutional investors are buying the idea that crypto has finally 'gone legit.' The question now is whether this marriage of politics, policy, and profit will hold … or if it's just another boom before the next bust.
Entrepreneur
3 minutes ago
- Entrepreneur
America Needs a Bitcoin Reserve — Here's Why
The U.S. has released its most comprehensive digital-asset policy yet, the 160-page Crypto Playbook. The initiative holds promise and invites further discussion in the world of digital assets. Opinions expressed by Entrepreneur contributors are their own. On July 30, the U.S. released its most sweeping digital-asset policy framework to date: a 160‑page U.S. Crypto Playbook. While the report steers clear of new promises regarding a federal Bitcoin acquisition program, it renews attention on the Strategic Bitcoin Reserve, first announced in March — an initiative that could reshape America's financial posture. The newly published Crypto Playbook is the most comprehensive digital asset policy guide the U.S. has ever produced. The report outlines strategic goals around stablecoin regulations, DeFi innovation, digital infrastructure, consumer protections and financial literacy. Highlights include endorsement of the bipartisan GENIUS Act, laying regulatory ground rules for crypto exchanges; clarification of jurisdiction between the SEC and CFTC via the proposed Clarity Act; and recommendations for tax treatment of staking income, mining equipment depreciation, and wash-sale exemptions. But the most headline-grabbing omission? No fresh policy announcement regarding the Strategic Bitcoin Reserve. Despite speculation, the Playbook simply restates the administration's March 6 directive to consolidate all seized Bitcoin into a national reserve, while remaining silent on future acquisitions. For many in the crypto community, the message is clear: the idea isn't dead, but it's still taking shape. Related: Why Not Owning Bitcoin is Making You Poor What we know about the reserve so far In March, an executive order directed U.S. agencies to begin aggregating all federally seized Bitcoin into a single account under the Department of the Treasury. The U.S. currently controls an estimated 200,000 BTC, mostly obtained through forfeitures linked to cybercrime and darknet operations. Rather than liquidating these holdings at auction (as has been common practice for years), the White House policy marks a significant pivot: treat Bitcoin like a sovereign asset, not a liability. While today's Playbook did not mention any direct purchases or operational updates, the crypto industry remains optimistic. As one policy advisor put it, "They've already laid the foundation. We're just waiting for them to build the house." According to a reporter present at the event, the Treasury Secretary emphasized the growing role of digital assets in global finance and outlined the administration's commitment to regulatory modernization. A key theme from his speech was the need to "reinforce dollar dominance through stablecoins and modernize banking regulations for digital assets." His comments reflect the administration's broader strategy, as outlined in the newly released U.S. Crypto Playbook, to position the United States as a global leader in blockchain innovation while safeguarding national financial stability. The event drew senior policymakers, industry leaders, and regulatory officials, many of whom welcomed the remarks as a turning point in the federal government's tone toward crypto. This affirmation of support marks a pivotal moment, suggesting that Washington sees the maturation of Bitcoin and stablecoins not as a threat to the dollar but as a tool to strengthen its role in a rapidly digitizing global economy. Related: Exploring Bitcoin As a Retirement Investment Avenue Why America needs a Bitcoin reserve At a time of rising geopolitical friction, debt uncertainty and de-dollarization efforts by global rivals, a Bitcoin strategic reserve offers the U.S. several vital advantages. Just as gold once anchored the monetary system, Bitcoin now serves as a decentralized, censorship-resistant store of value. A sovereign reserve positions the U.S. to weather inflation, monetary dilution and foreign central bank diversification. Nations like China and Russia have been quietly offloading U.S. Treasuries and accumulating gold. If a currency crisis or dollar liquidity shock ever emerged, a Bitcoin buffer could serve as a geopolitical hedge with instant global liquidity. America's dominance in technology is already being challenged by decentralized finance and token-based commerce. A strategic reserve signals leadership in digital capital formation, making the U.S. more attractive for Web3 entrepreneurs and fintech investment. While U.S. sanctions have long used the dollar as a weapon, adversaries are actively seeking alternatives. A Bitcoin reserve gives the U.S. a tool of resilience, rather than dependence on legacy systems vulnerable to fragmentation. By leveraging forfeited BTC from criminal seizures, the reserve grows without costing taxpayers a cent — a rare bipartisan win with massive asymmetric upside. In short, a Bitcoin reserve isn't about speculative gain. It's about future-proofing national strength. Related: A Bitcoin Hot Girl Summer — Will Bitcoin's Success Continue? Skepticism — and strategy — remain Of course, not everyone is on board. Economists have voiced concern that Bitcoin's volatility makes it an unstable strategic asset. A recent University of Chicago poll found that over 70% of economists do not believe such a reserve would reduce national economic risk. Global reaction has also been cautious. European and Asian officials have warned that a U.S. crypto reserve could destabilize existing foreign exchange reserves and provoke retaliatory monetary policies. And then there are the technical and ethical questions: Who controls the keys? Can sovereign actors manipulate Bitcoin? Should the reserve be disclosed in real time? The answers remain murky. What happens next Under the March order, agencies have until late September to deliver implementation frameworks to the Treasury. Legislative allies in Congress have already floated the BITCOIN Act, which would authorize a broader reserve and explore alternative funding strategies, potentially including gold-for-BTC swaps. Until then, the Strategic Bitcoin Reserve will remain more symbol than substance. But for crypto advocates, that symbol is growing heavier by the day.
Associated Press
17 minutes ago
- Associated Press
CoinTab News Approaches 1M Readers, Democratizing Access to Crypto Knowledge
CoinTab News Approaches 1M Readers, Democratizing Access to Crypto Knowledge Miami, Florida, United States, August 13, 2025 -- CoinTab, a next-generation media company dedicated to the cryptocurrency and blockchain industry, is excited to announce that it has almost reached the one million readership milestone. The latest landmark is a testimony to its growing popularity among cryptocurrency enthusiasts and investors. Launched in 2024, CoinTab News has gradually built a reputation for detailed and comprehensive reporting of developments in the burgeoning space. This includes in-depth and extensive coverage of groundbreaking moves in the industry, including niches such as corporate Bitcoin strategies, regulation, airdrops, DeFi heists, and much more. As an independent media, CoinTab boasts a highly skilled team of reporters and researchers to give readers unbiased information in a timely fashion. CoinTab readers stay ahead of the market and can make better investment decisions for their cryptocurrency portfolio. CoinTab Promotes Information-Driven Investments In the fast-paced and rapidly evolving cryptocurrency space, timely and accurate information is invaluable. The need for such information applies to both new and experienced investors. Hence, trustworthy cryptocurrency news publications like CoinTab News have become a mainstay. CoinTab features an array of content targeting various demographics. For newcomers, there is an abundance of beginner guides and explainer articles on numerous subjects, ranging from blockchain networks like Bitcoin to seemingly complex topics like Decentralized Science (DeSci) and Real-World Assets (RWA). These topics are presented in a simple and easy-to-understand format for readers. More experienced investors find CoinTab especially helpful for catching trending news stories and market-moving developments. Published information also helps readers see the latest airdrops and memecoin plays that can boost their returns from investing in the crypto market. With the 1 million reader mark now in sight after roughly one year, CoinTab News has quickly set its sights on reaching new heights in the coming months. CoinTab believes it has entered the 'then suddenly' phase, with the race to 10 million readers now well underway. To learn more about CoinTab News, visit the official website at or subscribe to the Weekly CoinTab Newsletter. You can also follow the latest crypto news with CoinTab using X (Twitter), Facebook, LinkedIn, and Telegram channels. Contact: [email protected] Contact Info: Name: William F. Email: Send Email Organization: Cointab Website: Disclaimer: This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed. You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence. Release ID: 89167165 If you encounter any issues, discrepancies, or concerns regarding the content provided in this press release that require attention or if there is a need for a press release takedown, we kindly request that you notify us without delay at [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our responsive team will be available round-the-clock to address your concerns within 8 hours and take necessary actions to rectify any identified issues or guide you through the removal process. Ensuring accurate and reliable information is fundamental to our mission.
