1. Tom Lee Interview: ETH is like BTC in 2017, with a Step-By-Step Growth Ahead Ethereum treasury company BitMine has been a hot topic on Wall Street in recent months. On August 6, 2025, Bankless interviewed BitMine Chairman Tom Lee. Lee discussed BitMine's goal of purchasing 5% of the total ETH supply, the reasons behind the rise of Ethereum treasuries, who is buying into Ethereum treasury companies, the source of the mNAV premium for crypto treasury companies, why the ETH price remains below $4,000 despite the ETH treasury's massive purchases, ETH's price forecast for the end of 2025, and whether there is a crypto treasury bubble. 2. Bitcoin is quietly brewing a major change. While ordinary investors are distracted by political noise or chasing tech stocks, savvy investors are quietly accumulating Bitcoin. Publicly listed and private companies alike are actively buying. Liquidity is expanding. The M2 broad money supply is growing again. The Federal Reserve has also hinted at an impending interest rate cut. Click to read

3. Intelligent evolution of DeFi: from automation to AgentFi

Among the many segments of the current crypto industry, stablecoin payments and DeFi applications, as two tracks that have been proven to have real-world demand and long-term value, continue to show strong development potential. At the same time, the booming development of AI agents is becoming the de facto user interface for the AI industry, gradually assuming a core role in the interaction between AI and users. Click to Read

4. Three Fatal Problems of Circle, the Leading Compliant Stablecoin

Circle's IPO sparked market interest in stablecoins, making it the first compliant stablecoin to go public. However, this glamor also poses hidden risks. 5. Who guided CZ, the richest Chinese, to go public? In the crypto world, the most resounding success isn't the fanfare surrounding transactions, but the connections that quietly pocketed $9 billion. In July 2025, 80,000 Bitcoins were suddenly released from a dormant address for 14 years, marking one of the largest notional Bitcoin transactions in history. A transfer of this size should have triggered a 30% drop in the market, but the reality is that there was no major flash crash, no panic, and this batch of bitcoins was quietly absorbed by the market.