BlackRock’s head of cryptocurrency has left for the second-largest treasury firm in the Ethereum space.
BlackRock’s Crypto Chief Joins Sharplink Gaming BlackRock’s head of digital assets shared on Friday that he will depart from the investment firm to become co-CEO of Sharplink Gaming, which ranks as the second largest company focused on Ethereum financing. Rob Phythian, the current CEO of Sharplink, is set to transition to the role of president […]
Ethereum Treasury Company Acquires $5M CryptoPunk and Is Using It to Borrow Stablecoins
Simply put GamesQuare has borrowed Stablecoins using its recently acquired Cryptopunk as collateral. The unique Crypto Punk NFT was bought from Compound founder Robert Leschner for $5.15 million in preferred stock. As of Thursday, GamesQuare held 12,900 ETH, valued at around $48 million. GamesQuare, a digital media firm, announced earlier this week that it purchased […]
Trump’s economic plan is resulting in the highest wage increases in decades, increased capital spending, and record revenue from tariffs, according to the Treasury.
Economic Gains Under the Trump Administration In Washington, it’s been noted that President Trump’s economic policies have led to significant increases in tariff revenue, wages for blue-collar workers, and capital investments—something that hasn’t happened in over a decade, according to a senior Treasury official. Joe Lavorgna, counselor to Treasury Secretary Scott Bescent, referenced three key […]
Bessent Offers ‘Calm and Assurance’ to Treasury
Insights on Treasury’s Economic Strategies Joe Labolina, a senior counselor for Treasury Secretary Scott Bescent, shared insights during an interview, emphasizing that Bescent’s positive demeanor, dependability in financial matters, and President Donald Trump’s ability to execute economic strategies have positioned the Treasury as “the best labor institution in government.” “Secretary Bescent is a well-respected investor,” […]
Dollar Drops as Stocks Rise and Treasury Yields Decrease
Market Overview The dollar index saw a decline of 0.65% on Monday, reaching a weekly low. This drop occurred as the S&P 500 experienced a rally, leading to reduced demand for the dollar. Additionally, a fall in T-Note yields added more pressure on the currency. In June, key economic indicators for the U.S. showed a […]
Bit Origin Acquires Millions in Dogecoin After Announcing $500M Fundraising for DOGE Treasury
Simply put Bitcoin mining company Bit Origin has raised about $10 million through Dogecoin (Doge). Last week, the company revealed plans for salary boosts totaling up to $500 million to support a new Meme Coin Treasury. Since its launch in July, Bit Origin’s stock has grown by 386%. Bit Origin, a publicly traded Bitcoin mining […]
Trump Media Announces Bitcoin Treasury Holdings Have Hit $2 Billion
On Monday, Trump Media and Technology Group announced it has amassed $2 billion in Bitcoin and related securities. Additionally, it has set aside $300 million to enhance its strategy for acquiring Bitcoin-related securities. This accumulation is part of a previously outlined financial approach towards Bitcoin. Trump Media mentioned that it will continue to acquire Bitcoin […]
Bit Digital Inc. Expands Ethereum Holdings to Around 120,000 ETH, Strengthening Treasury Strategy
Bit Digital Acquires Ethereum New York, July 18, 2025 /prnewswire/ – Bit Digital, Inc. (NASDAQ: BTBT) has announced the purchase of about 19,683 Ethereum (ETH) for a total of $67.3 million. This investment was made directly for institutional investors. Following this acquisition, Bit Digital now holds approximately 120,306 ETH. According to CEO Sam Tabber, “With […]
E-Bike Company’s Stock Rises 135% Following $500 Million Bitcoin Treasury Proposal
Simply put Volcon, an electric car manufacturer, announced it secured $500 million to support Bitcoin’s Treasury Department. The announcement led to a nearly 135% surge in the company’s stock on Thursday. This investment is part of a broader trend, as many companies are integrating Bitcoin into their financial strategies. Volcon’s shares rose dramatically, almost 135%, […]
Large Epstein file containing useful information is secured in a Treasury drawer, according to Democratic senator.
Senator Calls for Investigation into Epstein’s Financial Data A substantial file containing vital information about Jeffrey Epstein’s financial transactions is currently sitting idle at the Ministry of Finance. Senator Ron Wyden, a prominent member of the Senate Finance Committee, urged the federal government to investigate Epstein’s financial records, which include approximately 4,725 wire transfers amounting […]