According to Cointelegraph, sports betting platform SharpLink Gaming has significantly increased its Ether (ETH) holdings, acquiring 143,593 ETH last week as the cryptocurrency's price surged to near all-time highs. The purchase was made at an average price of $4,648 per ETH, totaling $667.4 million, as ETH prices climbed above $4,700. This acquisition has brought SharpLink's total Ether holdings to 740,760 ETH, valued at approximately $3.2 billion at current market prices. SharpLink has also reported generating 1,388 ETH in staking rewards, indicating its active participation as a validator in the Ethereum proof-of-stake (PoS) network. The company disclosed in a filing with the U.S. Securities and Exchange Commission that as of August 17, 2025, nearly all of its ETH holdings were deployed in staking, including through liquid staking. SharpLink acknowledged that certain aspects of its staking activities might be subject to government regulation and guidance, which could change. The recent Ether acquisition follows SharpLink's report of a $103 million net loss for the second quarter of 2025, largely due to a paper loss from accounting for liquid staked Ether (LsETH). The news impacted SharpLink's stock, which fell 12% last Friday and closed at $20.1 on Monday, marking a 13.5% decline over the past five trading days. SharpLink's Ether buying spree is part of a broader trend of institutional ETH purchases, with spot Ether exchange-traded fund (ETF) issuers recording $3.7 billion in inflows from August 5 to August 14. BitMine, SharpLink's largest competitor in ETH treasury holdings, recently acquired 373,000 Ether, increasing its total holdings to 1.52 million ETH, valued at approximately $6.6 billion. BitMine's board chairman, Thomas Lee, stated that this acquisition has positioned BitMine as the second-largest crypto treasury globally, trailing only Michael Saylor's Strategy. Strategy, after reporting a $51.4 million Bitcoin (BTC) purchase, holds a total of 629,376 BTC as of Sunday, valued at around $72.7 billion at current market prices. The cryptocurrency market continues to witness significant activity, with institutions like SharpLink and BitMine leading the charge in expanding their digital asset portfolios.

According to PANews, SkyBridge Capital, an investment firm led by Anthony Scaramucci, has announced plans to tokenize approximately $300 million in assets and deploy them on the Avalanche blockchain. This amount represents about 10% of SkyBridge's assets under management and includes funds focused on non-securities cryptocurrencies like Bitcoin, as well as other portfolio funds. The tokenization process will be carried out in partnership with Tokeny. This move aligns with a broader trend among financial giants such as BlackRock and Franklin Templeton, who have recently ventured into asset tokenization on blockchain platforms. Currently, the Avalanche network holds nearly $2 billion in assets. SkyBridge aims to use this tokenization initiative to bridge traditional finance with blockchain technology, highlighting the cost-saving benefits of blockchain.

Bitcoin eased back this week after a fresh peak, but a loud bullish pitch is making rounds. According to market updates, the coin hit about $124,390 before slipping to $114,158 and then nudging up to $115,285 at press time. Related Reading: Analyst Says Shiba Inu’s $0. 000010 Support Could Trigger Major Bounce Based on reports from a chart-focused analyst who goes by AO, Bitcoin may be tracing a pattern like gold’s, and that pattern could point to a rise toward $600,000 — a jump of roughly 420% from current levels source: https://www.newsbtc.com/bitcoin-news/bitcoin-poised-for-10x-surge-analyst-points-to-golds-playbook/

The controversy first gained traction after Nick O’Neill, co-founder of BoDoggosENT, shifted from publicly criticizing Strategy to suddenly defending the […] The post Ripple CTO Fires Warning Shot in Strategy Bitcoin Debate appeared first on Coindoo. source: https://coindoo.com/ripple-cto-fires-warning-shot-in-strategy-bitcoin-debate/

Operations and development for StakedHYPE move to Valantis Labs; StakedHYPE founder Addison Spiegel joins Valantis as an advisor. source: https://www.theblock.co/post/367418/valantis-acquires-stakedhype-a-liquid-staking-platform-on-hyperliquid?utm_source=rss&utm_medium=rss

With spot Taker CVD, Bitcoin price prediction turned bearish, $110,000 ahead. source: https://ambcrypto.com/bitcoin-price-prediction-will-the-correction-send-btc-below-110000-before-year-end/

1inch co-founder Sergej Kunz told Cointelegraph that in two to three years, there may be a multichain DeFi stack that allows liquidity to flow freely between networks. source: https://cointelegraph.com/news/1inch-solana-evm-crosschain-swaps-no-bridges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

1inch has introduced native swaps between Solana and EVM networks, aiming to improve liquidity across ecosystems. source: https://www.theblock.co/post/367406/1inch-launches-native-swaps-between-solana-and-evm-chains?utm_source=rss&utm_medium=rss

Golden Finance has launched the "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and metaverse industry news.

WazirX restructuring plan secures overwhelming 95% creditor approval from 149,559 voters representing $206. 9M in claims following devastating $230M Lazarus Group cyberattack as Singapore High Court judicial endorsement now awaited for final authorization. source: https://cryptonews.com/news/wazirx-restructuring-plan-wins-95-creditor-approval-awaits-court-ruling/

KindlyMD, following its merger with Nakamoto, purchased 5,744 BTC for $679 million to launch its bitcoin treasury vehicle, joining the corporate BTC race. source: https://www.theblock.co/post/367419/kindlymd-secures-679-million-in-bitcoin-to-begin-nakamoto-treasury-buildout?utm_source=rss&utm_medium=rss

On the one hand, institutions are entering the market in large numbers, and on the other hand, early players are leaving with profits. The Ethereum network is staging a staking tug-of-war worth $5 billion.

Ronin’s return to Ethereum signals that the public chain ecosystem will move towards Ethereum’s second-layer expansion, sharing security and prosperity.

I believe that in this wave of blockchain companies going public, we will see more RWA-related companies ringing the bell.

ETF, staking, ETH, "Staking, ETF, Treasury" three arrows simultaneously launched: Is the value logic of Ethereum being rewritten? Golden Finance, Ethereum is standing at an unprecedented "multi-narrative resonance" node.

Theoriq is a DeFi project focused on intelligent on-chain asset management, aiming to provide users with automated asset management services through a multi-agent architecture.

Tech giant Google has increased its stakes over Bitcoin miner TeraWulf to 14% from the previous 8%, officially becoming its largest shareholder after expanding financial support in a lease agreement with AI Infrastructure provider Fluidstack.

As an emerging financial infrastructure, stablecoins play an important role in improving payment efficiency and connecting on-chain crypto finance with traditional finance, but they also bring new risks and challenges.

WazirX reported over 95% approval for its amended restructuring plan after a $230 million hack in 2024. Despite this, many users remain sceptical, and the plan still requires Singapore court approval before funds can be returned.

Brazilian police have apprehended four suspects accused of kidnapping the mother of a crypto trader and demanding a ransom exceeding 3.3 million reais in Bitcoin.