Cryptonews

Trump Media & Technology Group (TMTG), the masterminds behind Truth Social (yes, *that* social media platform), have decided to dip their manicured fingers even deeper into the cryptocurrency cookie jar. Their latest venture? A whopping $300 million investment in Bitcoin-linked options. One might say they’re not just dabbling anymore—they’ve strapped on their dancing shoes and waltzed straight into the volatile ballroom of crypto trading. 💃🕺

Apparently, these folks have been busy bees 🐝, buzzing around the digital asset space like it’s a crypto-themed flower garden. Their mandate? To “address issues” and “gather information” about cryptocurrencies and blockchain technology. Aka, they’re trying to figure out how to make sense of this wild west of finance. 🤠

Summary 🧩

Ethereum is on the brink of breaking $4,000 for the first time since December, fueled by 7 consecutive days of stronger inflows into spot ETH ETFs than BTC products. With ETH’s market cap still just one-fifth of 🐎’s, smaller allocations from institutions and corporate treasuries are having an outsized price impact, an effect that appears to be accelerating. 🚀

Our protagonist, Feng, the architect of this mischief, capitalized on the inner workings of reward allocations like a wizard with a magic wand. His concoction of fictitious eligibility criteria was nothing short of art. He siphoned off the treasures owing to worthy participants and funneled the ill-gotten gains into a mischievous dance of Bitcoin exchanges with two accomplices—Tang and Yang—who deserve an award for their supporting roles in this gritty drama!

Ripple’s XRP, that perennial tease of the crypto carnival, has sauntered back into the glare of attention.

How remarkable! The very wallet that has stirred such intrigue continues to clutch a staggering 593 million XRP, buoyed by a brazen twentyfold cross, its worth teetering just shy of $19 million. One cannot help but marvel at this daring spirit, whose entry point lingered at the delicate price of $3.21291. Alas, when fortune had the audacity to dip below $3.18, the unfortunate jolt led to a partial liquidation, yet lo and behold, our resilient hero remains ensconced within the fray, with the encroaching liquidation threshold now fast approaching the $3.108 mark.

In a missive posted on X—that modern-day bazaar of whispers and witticisms—Metaplanet proclaimed its latest conquest. “Behold,” it declared, “we have acquired 780 BTC at the modest sum of $118,622 per coin, achieving a BTC Yield of 449.7% YTD 2025.” 🥳 As of July 28, their hoard stands at 17,132 BTC, purchased at an average of $101,030 per coin, totaling nearly $1.73 billion. A tidy sum, no? Yet, they aspire to 30,000 BTC by year’s end—a goal as audacious as it is quixotic. 🏰

Sequans, a semiconductor firm nestled along the Seine, confessed to yet another purchase, acquiring the world’s favorite digital hobbyhorse at an average of $117,296 per bitcoin. Fees, expenses, existential dread—all included. With this, Sequans’ bitcoin trove now numbers 3,072 coins, as of July 25, 2025; a stash Tolstoy himself might have called “slightly immoderate.”