Author: James Wilson

CoinShares closed the second quarter of 2025 with a notable 26% surge in assets under management, pushing its total to $3.46 billion. The asset manager said the growth was powered by climbing digital asset valuations and steady investor demand for its physical crypto ETPs. Summary CoinShares reported $32.4 million net profit for Q2 2025, up 1.9% YoY. Assets under management rose 26% quarter-over-quarter to $3.46 billion, driven by crypto price gains and ETP inflows. The firm plans a U.S. listing to access deeper capital market. On August 29, European digital asset manager CoinShares announced a net profit of $32.4 million…

A proposed class action lawsuit against Strategy which accused the business intelligence company and its executive chairman, Michael Saylor, of misleading investors about the risks of its substantial Bitcoin purchases, has been voluntarily dismissed by the plaintiffs, according to Bloomberg. Summary Investors have voluntarily dismissed a proposed class action against Strategy, closing claims the company misled shareholders over Bitcoin risks and accounting. The lawsuit, filed in May, accused Michael Saylor and other executives of overstating Bitcoin gains and obscuring volatility and accounting impacts. According to a Bloomberg report on August 29, investors voluntarily dismissed their proposed class action lawsuit against…

Japanese gaming platform Gumi has expanded its foray into the crypto treasury strategy ecosystem with a $17 million initial splash on XRP. Summary Tokyo-listed Gumi has acquired $17 million of XRP for a treasury bet. The video game developer joins a growing list of public companies adding XRP to their balance sheets. Gumi, a Tokyo-listed video game developer backed by financial services and investment giant SBI, has picked Ripple’s XRP (XRP) for its crypto treasury asset. The company announced on Aug. 29 that it had purchased approximately $17m worth of XRP, beginning its accumulation of the cryptocurrency as a balance…

The Ethereum Foundation is pausing all open grants applications as the entity’s Ecosystem Support Program transitions to a new growth chapter. Summary Ethereum Foundation has paused open grants in its support program as it eyes transition to a new model. The Ecosystem Support Program awarded over $13 million to 105 projects in 2024. The Ethereum Foundation, a key player in the Ethereum (ETH) blockchain ecosystem, is taking a new approach in the support for builders.  On Aug. 29, the EF announced that the Ethereum Support Program, which launched as a grants program in 2018 and aimed at offering grants to…

In this episode of the crypto.news podcast, we dive deep into the rise of Bitcoin corporate treasuries with Head of Institutional at Gemini, Brad Vopni, and Empery Digital Co-Founder, Ryan Lane. In a crypto.news first, we sit down with two companies at the head of this new frontier in digital finance; why Empery Digital (NASDAQ: EMPY) just announced a $500M private placement, allocating 95%+ into Bitcoin — and how Gemini is serving as their trusted BTC custodian. As corporate adoption of Bitcoin accelerates, more companies are treating BTC as a strategic treasury reserve asset — a trend that could define…

Aave crypto price has sharply rejected $390 resistance, a level untouched this year. Aave now approaches $227 support, a key confluence zone that could maintain the bullish trend if defended. Summary Rejection at $390: Aave failed to clear yearly resistance, triggering a corrective pullback. Critical Support at $227: Confluence of 0.618 Fibonacci and higher-low structural region. Volume Confirmation: Sustained bullish inflows are needed to secure continuation and preserve the broader uptrend. Aave (AAVE) has faced a steep correction after failing to break through the $390 high-time frame resistance. The loss of the value area accelerated the downside move, but the…

Summary Solana is trading around $207 in late August 2025, showing short-term strength despite recent volatility. Analysts offer mixed short-term forecasts, with SOL projected to reach between $221 and $455 by September. Long-term Solana price predictions vary, ranging from conservative estimates of $244 in 2025 to over $962 by 2028. The boldest Solana price prediction for 2030 sees the token surpassing $1,000, while other estimates remain under $800. Institutional interest is growing, with major firms like Pantera Capital and Cantor Fitzgerald backing Solana-focused funds. The final month of summer 2025 has been a wild ride for SOL. In this article,…

After leading ETF inflows for seven straight days, Ethereum has finally been overtaken by Bitcoin. The shift comes as the broader crypto market shows signs of cooling and investors reassess their positions. Summary Bitcoin ETFs recorded $179 million in inflows on August 28, surpassing Ethereum’s $39.2 million. It is the first time in over a week that Bitcoin ETFs have outpaced Ethereum in daily net inflows. Bitcoin trades around $113,200, down 3% over 24 hours, while Ethereum hovers near $4,333, down roughly 13% from its all-time high. Bitcoin (BTC) ETFs recorded approximately $179 million in inflows on August 28, significantly…

Trump family-backed American Bitcoin is gearing up for a Nasdaq debut and expects to be listed by September once its merger with Gryphon Digital Mining is complete. Summary American Bitcoin expects to be listed on Nasdaq by September. The new entity will trade under the ticker ABTC after its merger with Gryphon Digital Mining. Hut 8 owns the majority stake in the company, followed by Eric Trump and Donald Trump Jr. American Bitcoin was created after Hut 8, a longtime player in the Bitcoin mining sector, partnered with U.S. President Donald Trump’s sons Eric Trump and Donald Trump Jr. to…

Former Binance CEO, Changpeng ‘CZ’ Zhao believes Bitcoin will become the global reserve currency. So far, his statement’s been proven by the rise in companies and nation’s adopting BTC treasuries. Summary Former Binance CEO, Changpeng “CZ” Zhao, said that Bitcoin will become the ‘global reserve currency.’ As of August 2025, there are more than 300 entities worldwide that hold BTC in their balance sheets. On August 29, Changpeng “CZ” Zhao said that Bitcoin (BTC) is well on its way to becoming the global reserve currency. The former Binance CEO observed that more entities, especially from the traditional finance sector, are…