According to an SEC filing (because nothing screams “trust us” like government paperwork), this shiny new crypto darling plans to peddle 30 million shares, priced between $32 and $33. Market valuation? A modest $4.8 billion-just a small coffee budget for the crypto crowd, right?
This latest transaction, as one might expect, has swelled their coffers to a staggering 18,113 BTC, a treasure trove that would make even the most jaded pirate envious. 🏴☠️
But who, you ask, carries the lion’s share of this fabulous bounty? It is none other than Monsieur BlackRock, with his flamboyant iShares Ethereum Trust ETF (ETHA)-he slides $640 million across the table with a flourish fit for Versailles! Money tricks worthy of Harpagon himself! 💸
On Monday, ZORA decided it was tired of being a wallflower and jumped 50% to a shiny new all-time high of $0.145. Why? Well, because turning social media posts into tradable tokens is *so* 2025, obviously. Since its launch, over 2.06 million tokens have been minted-because who needs NFTs when you can tokenize your brunch pics? 🥑📈
Meanwhile, somewhere in Moscow, institutions gulped down BTC and ETH with the quiet desperation of men who have just discovered their wives read their telegrams.
After a valiant attempt to conquer $830, our hero-BNB-ended up humbled, retracing steps below $820, like No. 2 in some financial relay race. Ethereum and Bitcoin followed suit, showing peer solidarity in downturns.
As the sun rose on August 1, Hong Kong’s stablecoin royalty manifested its stewardship, granting noble licenses fit for those daring to issue fiat-pegged digital riddles. This paved the way, much like an intricate mandala, for enterprise titans to weave their own narratives.
Remember those early days, late 2020? Ripple allegedly selling XRP without a proper license-like a bad date that drags on and on. This legal circus became the main event in the ongoing reality show of crypto versus regulators. Now, the big showdown is over, and everyone can finally breathe a sigh of relief-or scoff and order another coffee, your choice. ☕️
At present, dear reader, Bitcoin is exchanging hands at the princely sum of $120,130, a mere stone’s throw from the lofty peak of $122,335 reached last week. Though the short-term trend is as robust as a young gentleman’s constitution, the market is ever vigilant, watching over two significant support zones – at $102,200 and $92,876 – which have served as a gentle cradle during the recent turbulence.
According to the company’s own tellin’, BitMine is sittin’ pretty on a pile of 1.15 million ETH as of August 10th – a stash worth a cool $4.96 billion, if you please! Just a week ago, they had a mere 833,137 ETH, worth a paltry $3 billion. A feller could get lost in all those zeroes, I reckon. Markets, bein’ markets, have reacted faster’n a greased pig at a county fair.