Satoshi Nakamoto's net worth continues to rise, Ethereum's market value exceeds SAP

Bitcoin

Zhu Yunlai, son of Zhu Rongji: Different from Bitcoin, stablecoins need to establish credibility through "obviousness"

Zhu Yunlai, son of Zhu Rongji, former president and CEO of CICC and visiting professor of management practice at Tsinghua University, delivered a keynote speech at the fifth "China-Europe Intelligence Forum Beijing". In the current new era, the market's demand for efficient and stable transaction media is becoming increasingly prominent, and the technical ideas of cryptocurrencies such as Bitcoin have also brought inspiration - people are gradually realizing that through the management model of combined tokens, they may be able to build a better payment tool. However, stablecoins in the current context are still far from "private currencies". A more realistic path may be issued by a large-scale, highly transparent international institution, and its operating algorithm must be publicly traceable - this is completely different from the anonymity of Bitcoin. Stablecoins need to establish credibility through "obviousness", including clear disclosure of liquidation mechanisms, collateral asset composition or specific currency value management methods. Ultimately, the value of stablecoins needs to be tested by the actual application effect: if they can continue to maintain stability and efficiency, they may gradually become part of the transaction basis of global consensus by virtue of the market effect of "good money drives out bad money".

Canadian listed company Universal Digital acquires 10 bitcoins for the first time

According to the official announcement, Canadian listed company Universal Digital acquired 10 bitcoins in its first treasury allocation. Earlier news, Canadian listed company Universal Digital announced the launch of a bitcoin reserve strategy, planning to gradually reduce existing altcoin holdings and convert them into bitcoin. The company has signed a non-binding memorandum of cooperation with GFA, a Tokyo-listed company in Japan, to jointly design a bitcoin reserve plan for Asian listed companies. According to the agreement, the two parties will explore the construction of a bitcoin reserve model for Japanese listed companies, develop financing tools such as warrants for bitcoin acquisitions, and improve the digital asset custody framework.

Strategy has made over $28 billion in unrealized profits on Bitcoin investment

According to Bitcoin Magazine, Strategy has now made over $28 billion in unrealized profits on Bitcoin investment.

Bitcoin's market value surpasses Amazon, rising to fifth place in global asset market value

According to 8marketcap data, Bitcoin's market value once again surpassed Amazon, reaching $2.36 trillion, rising to fifth place in the global mainstream asset ranking.

Satoshi Nakamoto's net worth continues to rise, and the value of his Bitcoin holdings exceeds $129 billion

As Bitcoin broke through $118,000 today, setting a new record high, according to Akrham on-chain data, Satoshi Nakamoto holds about 1.096 million Bitcoins, worth $129.38 billion.

Ethereum

Ethereum's market value exceeds SAP, and its global asset market value ranking rises to 35th

According to 8marketcap data, Ethereum's market value rose to $361.68 billion, surpassing SAP and ranking 35th in global asset market value.

Ethereum Foundation clarifies: The address that sold 1,210 ETH this morning does not belong to the Foundation, but to Argot Collective

Hsiao-Wei Wang, co-executive director of the Ethereum Foundation (EF), said in a post on X that the address that sold 1,210 ETH this morning does not belong to EF, but to Argot Collective, a non-profit development organization that was previously spun off from EF.

The Ethereum Foundation has transferred 21,000 ETH to its associated addresses in the past two months

According to PeckShield monitoring, in the past two months, the Ethereum Foundation has transferred 21,000 ETH to its associated Gnosis Safe Proxy address 0xc061...0B6d. Subsequently, the address transferred another 7,000 ETH to the address 0x247B...583c, and exchanged 1,210 of them for 3.5 million USDC in the past 7 hours.

The Ethereum Foundation internally transferred 1,000 ETH to the associated address again

According to PeckShield monitoring, the Ethereum Foundation address internally transferred another 1,000 ETH (about $2.55 million) to the associated address 0xc061...0B6d. The address currently holds 14,000 ETH, worth about $39 million.

BTCS, a US-listed company, raises its financing target to $225 million to increase its holdings of Ethereum

BTCS Inc. (NASDAQ: BTCS), a company focusing on blockchain technology, announced today that it has raised its financing target to $225 million to accelerate the company's hoarding strategy on Ethereum.

An Ethereum Foundation-associated address sold 2,416 ETH in the past 24 hours

According to Onchain Lens, an Ethereum Foundation-associated address exchanged 1,206.7 ETH for 3.61 million USDC. In the past 24 hours, the address sold 2,416.7 ETH at an average price of $2,941, with a total value of $7.106 million.

NASDAQ-listed company BTC Digital plans to establish a $1 million Ethereum reserve

BTC Digital (BTCT) announced the establishment of a $1 million Ethereum reserve. The company said that this marks the first step in its transformation from a pure computing power provider to a participant in the on-chain financial infrastructure. In the future, it will continue to increase its holdings of ETH based on market and network upgrades.

Other projects

Musk: Grok will launch some cooler features this weekend

Musk: Grok will launch some cooler features this weekend.

Robinhood officially launches ETH and SOL staking services to US users

Robinhood (HOOD.O) officially launches Ethereum (ETH) and Solana (SOL) staking services to US users.

Rumble and MoonPay reach cooperation and will launch crypto wallet in Q3

Video sharing platform Rumble (NASDAQ: RUM) announced today that it has reached a partnership with crypto payment infrastructure company MoonPay to jointly promote the transformation of creators' profit model in the decentralized world. According to the agreement, MoonPay will provide full cryptocurrency access channel support for Rumble Wallet, which is scheduled to be launched in the third quarter of 2025, enabling users to seamlessly buy, sell and exchange cryptocurrencies. At the same time, MoonPay's creative agency Otherlife will begin using Rumble Cloud for next-generation object storage and decentralized computing.

Trump's social platform Truth Social launches utility tokens

Truth Social, the social media platform founded by US President Trump, announced that it will launch utility tokens as part of its new loyalty rewards program, which is linked to its "Patriot Package" subscription service. According to the announcement, "Patriot Package" subscribers will accumulate "gems" on their Truth Social accounts based on their platform interaction, which will eventually be linked to utility tokens on the Truth Social and Truth+ platforms. The subscription service is currently in public beta, with a monthly fee of $9.99, providing services such as 12 "premium, non-woke news channels", expanded video on demand content, and platform verification marks.

Stablecoin startup Agora completes $50 million Series A financing, led by Paradigm

Stablecoin startup Agora announced the completion of a $50 million Series A financing, led by Paradigm. The company completed a $12 million seed round last year. After this financing, Agora hopes to create its own stablecoin AUSD, a cryptocurrency pegged to underlying assets such as the US dollar.