Imagine, if you will, a party where the guest of honor is a little digital coin called Ethereum, turning 10 years old. And what better way to celebrate than with a neat little milestone—crypto treasuries now boasting over $100 billion. That’s right, a cool hundred billion dollars—enough to buy a small country or at least a really luxurious yacht, depending on how you look at it.
Ethereum’s birthday bash didn’t just involve cake and candles; it sparked a corporate stampede toward Ether (ETH), as the big wallets—think of them as the finance world’s equivalent of wealthy uncles—have amassed over 1% of all Ether since June. And the bank folks are betting that this could grow to a staggering 10%—which, if it happens, might just push Ethereum’s star to soar past the $4,000 mark. Fancy that! 🚀
Apparently, Ether is moving faster into corporate coffers than Bitcoin did back in the day, because unlike Bitcoin, Ether offers companies a way to earn while they hold—staking yields and all that jazz. By the way, Enmanuel Cardozo chimed in to say that Ether’s corporate adoption is faster than Bitcoin’s infancy days, which is a fancy way of saying “Ether’s on a growth spree like a teenager after too much sugar.”
Ethereum Turns 10: From Nerdy White Paper to Decentralized Dynasty
This ten-year-old blockchain kid has come a long way from its 2013 white paper scribbles by Vitalik Buterin. The project launched with a hefty $18.3 million ICO, which back then was the crypto equivalent of striking gold—if gold were digital and a bit more animated. Since then, it’s become the king of DeFi, locking up nearly $85 billion in total value, making it the Swiss Army knife of blockchain tech. So, Ethereum, in its awkward teenage years, has gone from a hope to a giant in the crypto universe—and it still dreams of topping its record prices set in late 2021. 🎂
Crypto Cash Floods Corporate Vaults—$100 Billion and Counting
Now for the big money news—it turns out that corporations are increasingly playing with digital assets, turning treasuries into mini-bitcoin and Ethereum treasure chests. Companies like Strategy, Metaplanet, and SharpLink have bagged about $100 billion worth of crypto goodies, with Bitcoin leading the parade—holdings worth roughly $93 billion, which is more than the GDP of some countries. ETH is also making its mark, with over 1.3 million ETH currently in corporate hands, valued at over $4 billion, or about 1.09% of all Ether. They’re not just holding these assets for fun—they’re actively trading, staking, and generally making it rain. 💸
Since July, ETH ETFs have been on a record streak, scooping up $5.3 billion worth of ETH—imagine that, almost enough to buy a small island or a very confused yacht.
According to the wise folks at Standard Chartered, some of these corporate holders might own as much as ten percent of all ETH someday—pretty sure that would make Ethereum the digital equivalent of that overbearing neighbor with too many lawn ornaments. From a regulatory standpoint, Ether treasuries look shinier than Bitcoin’s, probably because they’re easier to play with, like a sandbox rather than a moody bear rug.
Mining, Mergers, and Money—Oh My!
Meanwhile, in Abu Dhabi, Phoenix Group—no, not the mythical bird, but a Bitcoin miner—has launched a $150 million crypto treasury with 514 Bitcoin and 630,000 Solana. They’re playing the long game, saying that holding these assets isn’t just for kicks—it’s about “alignment,” whatever that means. They’re also riding high on the ADX’s stock charts, which shot up over 72% in the second quarter, making them the darlings of the trading world.
Other miners like BitMine are eyeing Ether like a kid eyeing the last cookie, announcing plans to acquire up to 5% of Ether’s entire supply—so that’s fun times ahead in the mining industry.
Big Money Goes Big Bitcoin: Metaplanet’s $3.7 Billion Plan
Talking about big plans, Japanese investment wizard Metaplanet wants to throw about $3.7 billion at Bitcoin—aiming to buy 210,000 BTC by 2027. They’re issuing “perpetual preferred shares” with a modest 6% dividend—because nothing says “we’re serious” like offering investors a steady stream of digital applause. This move comes right after the news that corporate crypto coffers have surpassed $100 billion, with Bitcoin making up the lion’s share.
If all goes well, some whisper that Bitcoin might hit $132,000 before the year’s out, riding the wave of increased money supply and corporate greed. Oh, and Strategy is also in on the game with a stock pegged at $100 per share, promising a 9% annual dividend—because who doesn’t need a bit of yield in these rocky waters?
The Week’s Big Brain Moves and Last-Minute DeFi Drama
Finally, the SEC’s former securities sheriff—TuongVy Le—has joined Veda to help build the ultimate crosschain yield playground. She’s the crypto law veteran who’s seen it all, from ICO crashes to regulatory crackdowns, and now she’s just trying to make the whole DeFi mess a bit less chaotic.
As for the overall scene? Well, the top 100 cryptocurrencies mostly ended the week sulkily in the red, with meme tokens FARTCOIN and BONK slumping 28% and 23%, proving that not even the funniest coins can escape the bear market’s grasp.
Thanks for sticking with us through this whirlwind tour of the crypto cosmos—please join us next week for more tales of digital riches, crashes, and innovations that make your head spin faster than a decentralized Bitcoin mine on a bad day.
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2025-08-01 21:10