Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop
Category:

Crypto Trends

Rolls of dollar bills of varying denominations. (NikolayFrolochkin/Pixabay)
Crypto Trends

Slides 4% Amid Bitcoin Sell-Off, but Cup-and-Handle Setup to $5 Intact

by admin August 29, 2025



Token retreats from $3.02 resistance in a volatile August 28–29 session as distribution pressure meets fresh accumulation at $2.85–$2.86 support.

By Shaurya Malwa, CD Analytics

Updated Aug 29, 2025, 5:16 p.m. Published Aug 29, 2025, 2:47 p.m.

More For You

Flare Lands Second Public Company For its XRP DeFi Framework

Combined with Firelight, Flare’s restaking layer, the setup lets companies convert XRP into FXRP and allocate it across decentralized lending, staking and liquidity protocols.

What to know:

  • Everything Blockchain Inc. has signed a memorandum of understanding to adopt Flare’s XRPFi framework for corporate treasury yield.
  • Flare’s system aims to transform XRP into a productive asset for institutions through its FAssets system and Firelight restaking layer.
  • The adoption by two public companies, including VivoPower International, signals a shift in how digital assets like XRP are utilized by institutions.



Source link

August 29, 2025 0 comments
0 FacebookTwitterPinterestEmail
Pudgy Penguins Token Declines Sharply in August Amid NFT Market Downturn
Crypto Trends

Pudgy Penguins Token Declines Sharply in August Amid NFT Market Downturn

by admin August 29, 2025



Pudgy Penguins’ native token slipped on Friday despite the project’s new title ranking among Apple’s top downloads.

The PENGU (PENGU) token fell by nearly 4% on Friday, following the launch of Pudgy Party, a battle royale game released on Android and iOS, regardless the game recording over 50,000 downloads on the Google Play store and landing in the top 10 most downloaded games on Apple’s App Store.

Pudgy Penguins is a popular non-fungible token (NFT) project in the crypto space. The project supplements its onchain digital presence with trading cards, plushy penguin-themed toys, video games and other physical merchandise.

According to CoinMarketCap, the token declined by over 20% over the past 30 days.

The price retrace comes amid a broader downturn in the NFT market, which saw other blue-chip NFT projects such as Bored Ape Yacht Club (BAYC) and Doodles post double-digit losses in August.

PENGU token declines by over 20% in August. Source: CoinMarketCap

Despite price fluctuations, Pudgy Penguins continues to be a cultural phenomenon within the crypto community and showcases mass appeal to non-crypto users through the project’s focus on physical merchandise, drawing both adults and children to the franchise.

Related: NFT market cap drops by $1.2B as Ether rally loses steam

NFT markets suffer as Ethereum retraces recent gains

The Ethereum network hosts the most NFT trading activity of any blockchain ecosystem, and, following Ether’s (ETH) recent decline from an all-time high of about $4,957, the NFT market took a hit.

CryptoPunks, a blue-chip NFT collection of pixelated characters often used as profile pictures (PFPs) by crypto industry executives and investors, demonstrated more resilience, rising by nearly 3% during August, according to NFTPriceFloor.

NFT projects take a hit during August. Source: NFTPriceFloor

Meanwhile, BAYC recorded losses of over 11% in August, and Pudgy Penguins recorded declined by over 20% in US dollar terms.

The NFT market cap hit $9.3 billion at the beginning of August during Ethereum’s historic bull rally to new all-time highs. However, the NFT market cap has since dropped to just $7.4 billion at the time of this writing and continues to correlate with ETH prices.

Magazine: GUN token’s $69M milestone, Pudgy Penguins go to LOL Land: Web3 Gamer



Source link

August 29, 2025 0 comments
0 FacebookTwitterPinterestEmail
This $5B Bitcoin Whale Moves Billions Of Btc Into Ethereum
Crypto Trends

This $5B Bitcoin Whale Moves Billions of BTC Into Ethereum

by admin August 29, 2025



A major Bitcoin whale controlling over $5 billion in BTC has executed massive trades over the past week, selling substantial Bitcoin positions to purchase Ethereum.

According to Arkham Intelligence data, the whale moved $1.1 billion worth of Bitcoin to Hyperliquid trading platform while simultaneously acquiring approximately $2.5 billion worth of Ethereum.

The Whale’s Total Holding | Source: Arkham

Just last week, the same whale had already bought around $2.5 billion worth of Ethereum, which is turning heads as Bitcoin prices weakened while Ethereum managed to hold firm. 

Data from Arkham showed that the whale was holding $5.5 billion in Bitcoin reserves but has now started to break it down and move it around after years of little to no transfer.

One address connected to the whale moved 10,000 BTC, which came from a larger reserve wallet that still has $1.6 billion left in Bitcoin. Another large wallet linked to the whale holds $3.5 billion in BTC and was last active just a week ago.

As of now, the whale still controls more than 14,495 BTC in the largest wallet, even after heavy transfers. One other address was emptied in late August, leaving behind only dust amounts of Bitcoin. 

Before this week’s transfer, the whale was already holding 220,451 ETH. This makes the whale one of the five biggest Ethereum holders in the world. If they continue buying, they may even pass the Ethereum Foundation, which is a rare thing to happen.

The shift came as ETH doubled in value against Bitcoin, rising from months of trading near 0.020 BTC to a one-month high. The whale carried out the trades on Hyperliquid’s spot market, using both spot and futures positions. 

This caused Bitcoin to drop by at least $4,000 last week, while at the same time adding to Ethereum’s growing scarcity.

At the time of writing this report, both tokens are down by 3%, but Ethereum is still holding above $4000, while Bitcoin is down to $108k, according to CoinMarketCap.

Also Read: Trump-Linked WLFI Heads to Major Exchanges with Sept 1 Launch



Source link

August 29, 2025 0 comments
0 FacebookTwitterPinterestEmail
'Very Negative': Legendary Trader Issues Major XRP Price Warning
Crypto Trends

‘Very Negative’: Legendary Trader Issues Major XRP Price Warning

by admin August 29, 2025


  • Weakening momentum 
  • XRP’s 6% plunge 

Peter Brandt, one of the most prominent commodity traders, has opined that the current XRP price action looks “very negative.”

I post what I see. I assume strong opinions — always weakly held. I am wrong as often as I am right. If you are offended by my charts, then that is your problem
The chart of XRP is potentially very negative pic.twitter.com/r7PjhCSK1A

— Peter Brandt (@PeterLBrandt) August 29, 2025

Brandt’s chart shows that the Ripple-linked token is in the process of forming a descending triangle pattern. 

Weakening momentum 

The current support level is located around $2.78, with a downward-sloping trendline connecting several lower highs above it. This essentially means that the price of the token is weakening, meaning that it is falling to reach the previous peak. 

Currently, the triangle is gradually getting narrower. The bearish pattern will be completed if the price of the Ripple-linked token eventually plunges below the aforementioned support at $2.78.

You Might Also Like

In such a case, previous support levels, such as $2.4 and $1.9, could emerge as potential bearish targets. 

XRP’s 6% plunge 

The price of the XRP token has now collapsed by almost 6% this Friday. Earlier today, it reached an intraday low of $2.8 on the Bitstamp exchange. 

The token is now on the cusp of plunging to its lowest level since Aug. 3. XRP is now down 24% from its all-time peak of $3.67 that was achieved on July 18. 





Source link

August 29, 2025 0 comments
0 FacebookTwitterPinterestEmail
Line chart showing an 8% decline in XLM price against USD on August 28-29 with high trading volume amid institutional selling pressure and partial recovery.
Crypto Trends

Flare Lands Second Public Company For its XRP DeFi Framework

by admin August 29, 2025



XRP’s slow push into institutional finance just picked up another backer.

Data-focused blockchain firm Flare announced on Friday that Everything Blockchain Inc. (OTC: EBZT), a U.S.-listed company, has signed a memorandum of understanding to adopt its XRP finance (XRPFi) framework for corporate treasury yield.

The move comes months after Nasdaq-listed VivoPower International PLC (NASDAQ: VVPR) committed $100 million in XRP to Flare’s ecosystem, making EBZT only the second public company to do so.

The agreements mark early steps in Flare’s effort to turn XRP — historically a non-yielding asset — into a productive instrument for institutions.

At the center of the framework is Flare’s “FAssets” system, a trustless bridge that gives smart contract functionality to tokens like XRP and bitcoin. Combined with Firelight, Flare’s restaking layer, the setup lets companies convert XRP into FXRP and allocate it across decentralized lending, staking and liquidity protocols.

“XRP, now a roughly $150 billion asset, has been a cornerstone of digital finance for more than a decade, yet institutions have had few ways to make it productive,” said Hugo Philion, Flare’s co-founder and CEO.

“Flare changes that by enabling a compliant, on-chain, non-custodial yield framework designed for corporate treasuries. With VivoPower and now Everything Blockchain, public companies are validating that XRPFi is not just a concept but an emerging institutional standard,” he added.

EBZT framed its decision as part of a broader shift in how public companies treat blockchain assets.

“This is about unlocking the true financial utility of digital assets like XRP, not just as speculative holdings, but as yield-bearing instruments that can compound over time,” said Arthur Rozenberg, the company’s CEO. “Flare gives us the rails to do this in a way that meets the governance, security, and auditability standards required of public companies.”

For now, the XRPFi push remains small in dollar terms relative to bitcoin or ether-based treasury pilots.

But two listed companies publicly adopting the model in under a year gives XRP a new narrative: less about speculation, more about yield, and potentially a step toward more mainstream corporate balance sheets.



Source link

August 29, 2025 0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
Crypto Trends

Eric Trump: Bitcoin Enables Finance With ‘No Disparity’ Between Classes

by admin August 29, 2025



In brief

  • Eric Trump told the Bitcoin Asia conference that Bitcoin marks the first time finance has “no disparity” between socioeconomic classes.
  • Trump also spoke of sovereign wealth funds, Fortune 500 companies, and nation states driving adoption.
  • His remarks highlight a tension between Bitcoin’s populist narrative and elite accumulation, observers told Decrypt.

Speaking at the Bitcoin Asia conference in Hong Kong on Friday, Eric Trump, son of U.S. President Donald Trump, argued that Bitcoin marks the first time in the history of finance where “there is no disparity between socioeconomic classes.”

In a fireside chat, Trump shared remarks on how his father has championed the crypto industry, recounted how he entered the space, and highlighted his family’s deepening ventures into crypto and digital assets.

“The traditional financial system in the world has benefited guys like me, and it hasn’t benefited the vast majority of people,” Trump said onstage, adding that it “benefits the people that were fortunate enough to have some zeros behind their name.”

Those people, he said, were the ones who can “call the heads of the bank and negotiate off a full point on a loan, or get all the fees knocked out.”

Trump went on to argue that Bitcoin operates without those advantages.

“For the first time, you have a community that is agnostic to true wealth,” he said, arguing that it “gives the person in sub-Saharan Africa the same opportunity as the executive on Wall Street in New York City.”

Aspiration and privilege

Eric Trump’s portrayal of Bitcoin as “the greatest asset that’s arguably ever been created” as a level playing field that’s continuously being made “more accessible to the masses” stood in contrast to other parts of his talk.

Earlier, he had discussed how sovereign wealth funds, Fortune 500 companies, and nation states are buying Bitcoin heavily, sharing anecdotes on having breakfast with “a couple of the most powerful people in the region.”

Decrypt has reached out to Eric Trump and the Trump Organization for comment, and will update this article should they respond.

The tension between Bitcoin’s image as an egalitarian ideal and its current reality as an asset concentrated among elites remains central to the debate over how far the technology has lived up to its promise.

“Eric Trump’s words speak to the original aspiration of crypto. To be the great leveller, a financial system run by no one, open to everyone,” Conrad Young, co-founder of digital asset strategy firm Paragon, told Decrypt. “In practice, that vision remains only partly fulfilled.”

Trump is right that “some of the decentralised elements of crypto leave fewer levers for wealthy individuals to pull compared to traditional finance,” Young said. “But it’s also true that the industry today is dominated by institutions and large holders.”

“The gains retail investors have seen in this cycle were driven less by people-power and more by institutional recognition of Bitcoin and Ethereum,” he added.



Exposing socioeconomic divides

Nevertheless, crypto “opens doors in ways traditional markets do not,” Young said.

For people in developing economies, crypto “provides access to an asset class being shaped by Western institutions but available globally,” he noted. “The real levelling force for these communities comes through blockchain’s ability to move capital across borders.”

The crypto industry, through blockchain technology and digital assets such as Bitcoin, has “cast a harsh light on the deep socioeconomic divides of our world,” Ali Sammour, founder of decentralized commerce platform Droplinked, told Decrypt.

“We’re currently at a crossroads in society where the technology and asset could provide better financial liberty and freedom, but access is primarily still limited to the privileged,” Sammour said. “For billions, especially in emerging markets, even basic internet access is a luxury. The path to true financial inclusion is long, and we have a lot of work to do.”

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

August 29, 2025 0 comments
0 FacebookTwitterPinterestEmail
2 low-cost tokens investors are watching for massive ROI
Crypto Trends

2 low-cost tokens investors are watching for massive ROI

by admin August 29, 2025



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

ETH holds $4,275, but LILPEPE and Ethena could outpace it with massive gains and fresh Ethereum-powered use cases.

Summary

  • Ethereum nears $4,275, but LILPEPE and Ethena could deliver far bigger 2025 returns.
  • Ethena’s synthetic dollar and LILPEPE’s Layer-2 utility set them apart as top ETH plays.
  • With $22.5m raised and Certik audit cleared, LILPEPE is the memecoin to watch this bull run.

Ethereum (ETH) keeps steering the blockchain economy, hovering around $4,275, which gives it a $519 billion market cap. 

This smart contract giant has birthed a buzzing world of tokens, many of which tend to hand out returns way bigger than ETH alone. If ETH parks a 100% gain this bull run, these tokens could still sprint to 1,000% or more.

Two coins to watch are Little Pepe (LILPEPE) and Ethena (ENA). Little Pepe is a memecoin that isn’t just for laughs; it has actual uses and runs on Ethereum’s Layer-2 for speed and low fees. 

Ethena offers a fresh take on stablecoins with its synthetic dollar that adapts to market moves. Both coins could grow fast, giving you a chance to boost a portfolio by 3x or more.

Little Pepe: The memecoin aiming for massive investment growth

Little Pepe is powering ahead as the favorite memecoin in Ethereum’s neighborhood. Right now, it’s in Stage 12 of the presale, priced at just $0.0021. 

With more than $22.4 million already raised, it’s pulling in more and more investors every day. That means we can expect a fiery kickoff when it finally lists. What sets Little Pepe apart from the rest of the meme tokens is its special Layer-2 blockchain built just for memes. 

This blockchain has sniper-bot protection, so bad actors can’t snatch up tokens before investors. Also, transfers have zero tax, meaning investors keep exactly what’s sent, and they get access to the Meme Launchpad to create and launch the next viral memecoin. 

Security and scalability fuel Little Pepe’s entire vision. Its sniper-bot defense kicks in right at launch, keeping early volatility to a minimum and letting genuine investors enter first. Forget just memes — Little Pepe’s whole ecosystem is pump-ready. With features like the Pump Pad, it’s clearing the track for the next viral project to take off.

Market experts are saying Little Pepe might triple to $0.0063 or even blast to $0.10 — about a 50x gain — once it lands on big exchanges. That’s the sort of x50 boost that memecoin backers write wish lists about. Plus, a CertiK audit is already checked off the to-do list, and the token has a live listing on CoinMarketCap, which beefs up its street cred.

To join Little Pepe’s Stage 11 presale before prices rise, start by downloading a crypto wallet like MetaMask or Trust Wallet. Fund the wallet with ETH or USDT using the ERC-20 network. Then, visit the official website to purchase Little Pepe tokens directly through the site. 

Ethena: Synthetic finance rising

Ethena (ENA) keeps popping up as one of the hot tokens on the Ethereum scene. Right now, it’s trading at about $0.63 and has a market cap of $4.2 billion. What’s got everyone buzzing is its role in creating USDe, a synthetic dollar that sprinted to a $2 billion supply in just seven weeks after it first went live.

Ethena’s super-fast adoption has shot it right to the top of the DeFi growth charts. By marrying synthetic assets with Ethereum’s blockchain, the ENA token offers investors a sweet combo of stablecoin usefulness and the chance for price gains. 

Some experts think ENA could climb to around $2 — three times today’s price — as more people jump on the platform in 2025.

Ethena impresses by showing 3x growth potential if stablecoin demand and adoption keep growing. But over in the other lane, Little Pepe’s meme-chain design is like rocket fuel waiting for a countdown. Trading for less than a penny, it’s ready to claim the crown as the biggest meme coin across Ethereum’s extended network.

Conclusion

Ethereum is steadily climbing, yet the bigger wealth multipliers hide within its ecosystem tokens. Ethena is shaking up synthetic finance by serving a portion of stability and utility. On the other hand, Little Pepe is flipping the memecoin script — no longer just a meme, it now fuses pop culture with rock-solid infrastructure.

With a potential 48x climb for Little Pepe and a 3x pop eyed for Ethena, both tokens could deliver jaw-dropping returns folks dream about for 2025. For those who are hunting for low-cost buys that could turn a modest investment into millions, these two Ethereum-native coins are the ones to track. Don’t sleep on them.

To learn more about Little Pepe, visit the website, Telegram, and X.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.



Source link

August 29, 2025 0 comments
0 FacebookTwitterPinterestEmail
Why Bitcoin Pivots No Longer Guarantee a Stock Pump
Crypto Trends

Why Bitcoin Pivots No Longer Guarantee a Stock Pump

by admin August 29, 2025



The number of Bitcoin (BTC) treasury firms keeps on climbing, but announcing a BTC strategy is no longer a guaranteed way to pump a company’s share price.

The model was pioneered by Strategy (formerly MicroStrategy), now the world’s largest publicly traded corporate holder with 632,457 BTC at the time of writing. Since its first purchase in August 2020, Strategy’s stock has risen more than 2,200%.

As of Friday, Aug. 29, 2025, 161 publicly traded companies each hold more than 1 BTC, according to BitcoinTreasuries.net. Together, they hold 989,926 BTC — about 4.7% of Bitcoin’s supply.

A wave of newcomers joined the Bitcoin treasury club in 2025, but the market reaction has cooled. Some firms have diversified into Ether (ETH) instead, while others have seen their shares trade back down to, or even below, pre-announcement levels.

Here’s a look at some of those companies whose stock performance has failed to keep pace with their Bitcoin ambitions.

Public companies are the top Bitcoin holders among entities, as of Aug. 29.

GameStop: Holds 4,710 BTC

GameStop’s fate has long been intertwined with Bitcoin and crypto. In 2021, retail traders on the r/WallStreetBets subreddit triggered a short squeeze on GameStop’s stock, pushing meme finance into the mainstream.

Around the same time, memecoin Dogecoin (DOGE) surged on a wave of cultural hype, online communities and tweets from Elon Musk.

GameStop’s Bitcoin rally pales in comparison to its 2021 short squeeze.

On March 26, 2025, GameStop announced its plan to invest in Bitcoin. Unlike the meme-driven pumps of 2021, Bitcoin failed to recreate the same frenzy. GameStop’s stock initially jumped 12% on the announcement and later peaked at $35 per share on May 28 after the company revealed it had acquired 4,710 BTC.

Related: MicroStrategy’s Bitcoin debt loop: Stroke of genius or risky gamble?

But investors quickly sold the news in both events. On Thursday, its shares closed at $22.79, down more than 27% year-to-date.

Bitcoin-related GameStop news drove spikes, but sell-offs followed.

Empery Digital: Holds 4,019 BTC

Not every corporate Bitcoin buyer comes with the backstory of GameStop; many are unrelated to cryptocurrencies or blockchain. MicroStrategy was a business intelligence software firm before it pioneered Bitcoin treasuries. Japan’s Metaplanet started as a budget hotel operator before it began following the Strategy playbook in 2024. Its share price has since surged as much as 6,000%.

Volcon, an electric vehicle maker, announced a $500-million Bitcoin treasury strategy on July 17. Two weeks later, it rebranded as Empery Digital and adopted the ticker EMPD on Nasdaq.

EMPD is down 80% in 2025, and its Bitcoin treasury rally has cooled.

Before the pivot, Empery shares mostly traded between $6 and $7, well below their January high of $35. The Bitcoin announcement briefly lifted the stock to $21 on July 17, but the rally didn’t last. On Thursday, EMPD closed at $6.99, back in its usual range.

Sequans Communications: Holds 3,170 BTC

Sequans Communications, a French semiconductor firm that listed on the NYSE in 2011 under the ticker SQNS, has a trading history that resembles a lackluster crypto token: hot listing spikes followed by long stretches of investor disappointment.

At the start of July 2025, SQNS was drifting at $1.45 after a year of steady decline. Its first Bitcoin purchase on July 10 briefly ignited a rally, sending shares as high as $5.39 in the following days. But the momentum quickly faded, and by early August, the stock had slid back to $1.25.

The announcement of the Bitcoin treasury plan pumped SQNS shares, but the stock resumed its tumble after the hype faded.

On Monday, Sequans announced a $200-million at-the-market equity offering to fund its plans to accumulate 100,000 BTC by 2030. The news did not stop SQNS from sliding; on Thursday, it closed at $0.91.

Its brief Bitcoin hype was only a small blip in its 14-year struggle with gravity.

Vanadi Coffee: Holds 100 BTC

Like many firms that turned to Bitcoin, Spanish cafe chain Vanadi Coffee was pushed into the strategy by financial distress. In 2024, the company reported 3.33 million euros ($3.9 million) in annual loss, up from 2.87 million euros the year before.

Vanadi shares are above pre-Bitcoin announcement levels but remain below where they stood a year ago.

The Bitcoin plan became official on June 29, and the next day, its shares surged to 1.09 euros, closing the month up more than 300% from the 0.27-euro opening price.

Related: Bitcoin’s quantum countdown has already begun, Naoris CEO says

By mid-trading on Friday, Aug. 29, 2025, the stock had slipped back to 35 euro cents. It’s still up 95.6% year-to-date but down 44% from the same point in 2024.

Ming Shing Group: Holds 833 BTC

Ming Shing Group, a Hong Kong-based construction and engineering company, was listed on the Nasdaq in November 2024. Soon after going public, it began accumulating Bitcoin, making its first purchase on Jan. 13, 2025, with 500 BTC. At the time of writing, it holds 833 BTC.

After debuting on Nasdaq at $5.59 on Nov. 22, 2024, its Bitcoin strategy initially drove shares to an all-time high of $8.50. Since then, the stock has slumped to $1.85 on Thursday’s close.

On Aug. 21, the company announced a $483-million deal to acquire an additional 4,250 BTC through a share issuance. If completed, Ming Shing would become Hong Kong’s largest corporate Bitcoin holder, surpassing Boyaa Interactive, which holds 3,640 BTC and currently ranks as Asia’s second-largest public Bitcoin treasury behind Metaplanet.

Ming Shing plans to double down on Bitcoin even as its shares continue to fall.

The recent announcement briefly lifted Ming Shing’s struggling share price, though most of the gains were erased the same day.

K Wave Media: Holds 88 BTC

South Korean entertainment company K Wave Media made its first Bitcoin purchase in July 2025, but its shares have been sliding ever since. The company has raised $1 billion for BTC acquisitions, yet the stock remains under pressure.

The initial announcement came on June 4 in a Securities and Exchange Commission filing, where K Wave disclosed a $500-million standby equity purchase agreement with Bitcoin Strategic Reserve. The filing also outlined plans to operate Lightning Network nodes and integrate BTC into its financial and consumer platform.

On May 13, Global Star Acquisition and K Enter Holdings completed a special purpose acquisition company (SPAC) merger to form K Wave Media. While the subsequent Bitcoin strategy briefly lifted the stock from its post-SPAC sell-off, the momentum quickly faded. Since the company’s first BTC purchase on July 10, shares have continued to decline, closing at $1.85 on Aug. 28 — just below the $1.92 level recorded on July 3, the day before its Bitcoin treasury filing.

K Wave Media’s share price is closer to its SPAC merger crater than it is to its Bitcoin spike.

Early success cases among Bitcoin treasury companies

These cases show that announcing a Bitcoin strategy remains a Hail Mary for struggling firms and doesn’t guarantee lasting gains. Share prices often spike on the news but rarely hold.

There are, however, a few digital diamonds in the rough. On May 12, healthcare provider KindlyMD announced plans to merge with Nakamoto Holdings to form a Bitcoin treasury company, now trading on Nasdaq under the ticker NAKA.

In recent months, Nakamoto Holdings has outperformed Metaplanet and has become the 16th-largest publicly traded Bitcoin holder, with 5,765 BTC.

Japanese nail salon franchiser Convano has been outperforming both Nakamoto Holdings and Metaplanet. At the time of writing, it holds 365 BTC, which is a relatively small war chest when compared to the likes of Metaplanet and Nakamoto Holdings.

Convano (6574) shares have been outperforming Asian Bitcoin giants like NAKA and Metaplanet.

Magazine: The one thing these 6 global crypto hubs all have in common…



Source link

August 29, 2025 0 comments
0 FacebookTwitterPinterestEmail
Coinshares Reports $32.4M Q2 Profit Amid Crypto Gains
Crypto Trends

CoinShares Reports $32.4M Q2 Profit Amid Crypto Gains

by admin August 29, 2025



CoinShares, a leading European digital asset manager, reported a net profit of $32.4 million in the second quarter, slightly up from $31.8 million in the last year.

CoinShares reported that its total assets under management (AUM) rose 26% to $3.46 billion, despite $126 million of outflows in XBT. Growth was supported by a 29% rise in Bitcoin and a 37% increase in Ethereum during the quarter. 

The Asset Management division generated $30 million in management fees, supported by $170 million in net inflows into CoinShares Physical products. This marked the second-strongest quarter ever for this product line. The BLOCK Index returned 53.7%, beating Bitcoin as well as traditional benchmarks such as S&P 500 & MSCI World.

CoinShares’ Capital Markets and Treasury

CoinShares’ Capital Markets unit earned $11.3 million during the quarter. Ethereum (ETH) staking was the largest contributor, bringing in $4.3 million. Meanwhile, Delta Neutral Trading Strategies earned $2.2 million, and Lending contributed $2.6 million.

The treasury management team had $7.8 million in unrealized gains, up from a $3 million loss in Q1. CoinShares continues to manage its treasury holdings strategically to get the most out of them.

Future Outlook

Bitcoin reached an all-time high of $124,128 on August 14, 2025, and Ethereum reached $4,948 on August 24, 2025. With these historic highs, CoinShares CEO Jean-Marie Mognetti indicated the company is expecting a good second half of the year.

Jean-Marie said, “We believe this move from Sweden to the US will unlock substantial value for our shareholders by entering a market with significant breadth and depth and where market leading companies in the digital asset sector are highly valued by investors.”

He further noted that heightened market activity post-quarter depicts favorable momentum. Mognetti further stated that CoinShares is undergoing a US listing, which may unlock a lot of value for the shareholders.

Also Read: Crypto Execs To Launch $200M Bitcoin Infrastructure SPAC Eyeing IPO



Source link

August 29, 2025 0 comments
0 FacebookTwitterPinterestEmail
Tom Lee Destroys Ethereum Speed Myth, Wall Street Wants 100% Uptime
Crypto Trends

Tom Lee Destroys Ethereum Speed Myth, Wall Street Wants 100% Uptime

by admin August 29, 2025


Tom Lee, the cofounder of Fundstrat, has debunked an assumption that has floated around in the cryptocurrency space about Ethereum (ETH). Lee claims that institutional investors on Wall Street are more concerned about performance and reliability than speed.

Unusual advocacy for Ethereum

In an interview, Lee maintained that Ethereum’s uptime and decentralization make it attractive to large-scale finance. Hence, given that institutions care more about reliability and security than they do about raw speed, Ethereum has an edge among rival blockchains.

You Might Also Like

The Fundstrat cofounder explained that even if Ethereum is slower on its base layer, this can be overcome with scaling solutions like layer-2 networks. This will compensate for the cost and speed issues.

EXCLUSIVE – “WALL STREET DOESN’T CARE ABOUT SPEED – THEY WANT ETH”@fundstrat:

“The crypto community abandoned Ethereum… they thought faster was better – that’s why Solana and Sui took off.

But Wall Street wants 100% uptime, not speed – they can build on layer twos.

ETH’s… https://t.co/SZmmg1lSum pic.twitter.com/5TAD5KQcCC

— Mario Nawfal (@MarioNawfal) August 29, 2025

Lee asserts that big institutional players are not prioritizing blockchain networks on the basis of speed. He acknowledged that Solana and Sui might process transactions faster than Ethereum, but “Wall Street doesn’t care about speed, they want ETH.”

He insisted that these institutional players are more concerned about Ethereum for its long track record, strong developer ecosystem and reliability. Lee believes that it was retail traders who made Solana and Sui relevant as they shifted attention to these chains due to lower fees and high throughput.

Ethereum price outlook shows signs of major cycle

Tom Lee pointed out that although Ethereum has not posted multiple new all-time highs (ATH) since the 2021 bull market, things are looking different now. The leading altcoin has gained over 14% in the last 30 days and managed to find stability above $4,000 for the greater part of this time period.

You Might Also Like

However, Ethereum recently hit an ATH of $4,885, as reported by U.Today. Lee maintains that if ETH stays above $4,800, then the market could witness a really big bullish cycle.

As of press time, the Ethereum price was changing hands at $4,353.06, representing a 5.49% decline in the last 24 hours. It previously hit an intraday peak of $4,613.78 before the decline. Volume remains up by 0.07% at $40.48 billion.





Source link

August 29, 2025 0 comments
0 FacebookTwitterPinterestEmail
  • 1
  • …
  • 81
  • 82
  • 83
  • 84
  • 85
  • …
  • 110

Categories

  • Crypto Trends (1,098)
  • Esports (800)
  • Game Reviews (772)
  • Game Updates (906)
  • GameFi Guides (1,058)
  • Gaming Gear (960)
  • NFT Gaming (1,079)
  • Product Reviews (960)

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?
  • How to Unblock OpenAI’s Sora 2 If You’re Outside the US and Canada
  • Final Fantasy 7 Remake and Rebirth finally available as physical double pack on PS5
  • The 10 Most Valuable Cards

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal

    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025
  • How to Unblock OpenAI’s Sora 2 If You’re Outside the US and Canada

    October 10, 2025
  • Final Fantasy 7 Remake and Rebirth finally available as physical double pack on PS5

    October 10, 2025
  • The 10 Most Valuable Cards

    October 10, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

About me

Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal

    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

@2025 laughinghyena- All Right Reserved. Designed and Developed by Pro


Back To Top
Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop

Shopping Cart

Close

No products in the cart.

Close