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🔥BitMine Doubles Down on $ETH
💰BitMine just scooped another $65M in $ETH, now holding over 1.5% of the entire supply.
🏦All buys were cash-only, no leverage—showing strong conviction.
📈Shares jumped 5% Wednesday, still way off July highs but up 540% YTD.
🎯Chairman Tom Lee keeps his $60K $ETH target, calling corporate adoption a “1971 moment.”
⚡He says firms staking $ETH could trade at a premium vs ETFs stuck with liquidity limits.
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📱Trust Wallet Brings Stocks On-Chain
🪙CZ’s Trust Wallet now offers tokenized stocks & ETFs thanks to a collab with Ondo Finance and 1inch.
💵Users can invest from just $1, no broker needed—though not available in the U.S., U.K., or EU.
⏰Trading follows U.S. market hours for now, but 24/7 trading is on the roadmap.
🌐Built on Ethereum (with Solana next), the move pushes real-world assets into self-custody and widens
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💶Euro Bitcoin Treasury Launches
🏦New firm “Treasury” kicked off with 1,000 BTC after raising €126M, backed by Winklevoss Capital & Nakamoto Holdings.
📈Plans to hit Euronext Amsterdam via reverse merger with lender MKB Nedsense.
💰Strategy: stack more $BTC using equity + debt, making Bitcoin its main reserve flex.
✔️With that stash, Treasury joins Europe’s top corporate hodlers like Bitcoin Group & Sequans.
⚠️Experts warn tho: leverage-heavy treasuries = high risk, high rekt potential.
❤ 12
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🔥Trump’s Crypto Project Burns 47M WLFI
💰$WLFI nuked 47M tokens this week to slow the price dump.
📉Token peaked at $0.331 but crashed 31%, now chilling at ~$0.23.
🔥Supply cut sounds big, but it’s just 0.19% of circulation — barely a scratch on 99.95B left.
💵Team also wants a buyback-and-burn program to pump scarcity for holders.
🤔Critics say it’s just hype + speculation, showing crypto still ain’t ready for prime time.
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🔊Sonic Labs Greenlights $200M Token Push
🗳️Community vote saw 99.99% support—over 700M tokens cast, quorum smashed.
💵Plan: issue $200M in S tokens to break into U.S. capital markets.
📈$100M heads into a Nasdaq-listed PIPE, $50M fuels a token-tracking ETP.
✔️Sonic setting up a U.S. entity to bridge TradFi + crypto while modernizing tokenomics.
🚀Clear signal: community’s all-in on expansion mode.
❤ 12
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😄Must have done a lot of research before buying that...
❤ 10👀 4🙈 1🆒 1
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🎮Gumi Goes Heavy on $XRP
💴Tokyo-listed gaming firm Gumi plans to drop 2.5B yen ($17M) on XRP by Feb 2026.
🤝Their biggest shareholder? SBI Holdings—long-time Ripple ally.
📊Move signals more Japanese giants stacking crypto straight onto balance sheets.
🚀Corporate bags just keep getting fatter.
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✔️Pump.fun Goes Full Buyback Mode
💸Platform has spent $62M buying back 16.5B PUMP to ease sell pressure + steady the price.
📈Daily repurchases funded by $1.3M–$2.3M in revenue, with lifetime revenue now over $775M.
🚀PUMP up 12% this month, trading at $0.003522—+54% since the August lows.
👥Holder count just broke 70.8k, and Pump.fun reclaimed Solana launchpad dominance with 73% share.
⚠️But there’s smoke—$5.5B class-action lawsuit calling it manipulative + “an unlicensed casino.”
❤ 17👍 5
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🥾Kanye’s $YZY Bags in Freefall
📉$YZY nuked 81% from its peak, now chilling at $0.55 with a $71.6M market cap.
🚨Over 50k wallets got wrecked, while just 11 wallets walked away with $1M+ gains.
🔥Launched Aug 21 on Solana, $YZY once flexed a $3B cap at $2.95 ATH… now it’s down bad.
📊Daily volume still pumping $36.6M (+9%), showing traders can’t resist the chaos.
💀Classic case of insiders winning, retail bagholders coping.
❤ 12👍 5
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➡️Metaplanet Keeps Stacking Sats
📊Firm posted a $BTC yield of 30.7% for the quarter ending Sept 1.
🪙Just scooped 1,009 more Bitcoin, pushing the stash to a fat 20,000 BTC.
💴New buy cost ~16.33m yen per coin ($111k), totaling $112m. Current value? ~$108.6m.
💼Overall holdings now sit at ~302.3b yen ($2.14B) with an average bag price of $102.8k per $BTC.
🚀Metaplanet ain’t slowing down—they’re literally dollar-cost-averaging like giga-whales.
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✔️Newsom Drops “Trump Corruption Coin”
😂California Gov. Gavin Newsom is launching a parody memecoin to roast Trump’s crypto hustle.
💰Proceeds will fund redistricting + voter outreach, flipping Trump’s billion-dollar token/NFT flex into satire.
📈Trump’s bag? $57.4M from World Liberty Financial + a fat $2.4B from crypto since 2022.
🔥Newsom’s trolling goes beyond the coin—he’s mocking Trump’s ALL-CAPS posts + rolling out MAGA-style merch.
👀Politics on-chain just keeps getting spicier.
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