Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Marti, a Turkish ride-hailing company, has put 20% of its cash into Bitcoin and plans to increase that to 50%. The move is part of a long-term plan to use crypto as a store of value while keeping its main business growing.
eToro has started offering tokenised US stocks on Ethereum and is planning to build its own blockchain. This would let users trade shares like crypto and use them in decentralised finance.
The US SEC has approved in-kind trading for Bitcoin and Ethereum ETFs, letting firms trade crypto directly instead of using cash. This change is expected to cut costs, improve trading, and make it easier for big investors to enter the crypto market.
Ozzy Osbourne’s NFT collection CryptoBatz saw a big jump in sales and price after news of his death. Trading volumes surged over 100,000% in one day, briefly raising the floor price to around $295.
JPMorgan is planning to let clients borrow money using crypto like bitcoin and ether as collateral. This comes as rules around digital assets in the US become clearer and demand from wealthy clients grows.
The SEC Chairman said Ethereum is not considered a security, which has encouraged companies to increase their Ethereum holdings. This clear regulatory view has helped boost Ethereum’s price and sparked more interest from investors and firms.
ChatGPT said: Shinhan Bank has added cryptocurrency tracking and educational tools to its SOL app, becoming the first South Korean bank to offer such services. The move signals growing acceptance of crypto in traditional banking, with plans to expand into crypto purchases and wallet management soon.
Vitalik Buterin urged developers to simplify Ethereum Layer 2 networks by using Ethereum’s base layer for security and consensus. He said projects should stop rebuilding features Ethereum already provides and focus only on processing and verifying transactions.
Standard Chartered has started offering bitcoin and ether spot trading directly to institutional clients through its UK branch. This makes it the first major global bank to provide regulated crypto trading using existing foreign exchange systems.
As a hot star in the Solana ecosystem, Jupiter has already established a firm foothold in the DeFi field although it was launched not long ago. But on the other hand, Jup’s future also presents both opportunities and dangers.
Solana DEX Hits $2.85 Billion Trading Volume: 150% Surge. Solana Emerges as Third-Largest Blockchain Network, Flourishing DeFi Ecosystem.
Solana (SOL) beats Ethereum (ETH) in 24-hour DEX volume, led by Orca (ORCA) with a 50% weekly surge. Daily victory at $1.461 billion signals changing DeFi dynamics, potential gains for SOL and ORCA tokens challenging Ethereum.
Jupiter challenges Uniswap in 24-hour volume, sparking controversy. Solana vs. Ethereum competition intensifies in the DeFi space.
Solana's Jupiter DEX achieves a record $520 million daily trading volume, surpassing Uniswap v3's Ethereum market. Solana's native cryptocurrency (SOL) experiences a resurgence, reaching $100, while Jupiter prepares for the launch of its native JUP token.
Solana's DEXs withstand a 32% DeFi volume drop, showing only a 4% dip. Despite challenges, Solana's dominance in the market grows, marking significant yearly growth. Analysts warn of a potential price decline, emphasizing the need for cautious market navigation.
A hacker has been charged by a New York prosecutor for exploiting a decentralized exchange (DEX) on the Solana blockchain.
The Dfinity Foundation's Internet Computer blockchain welcomed its first decentralized exchange, Sonic.