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Quick Take A wallet that had been dormant since 2011 moved 3,962 BTC, worth about $468 million, following a test transaction on Thursday. The transfer caps a month of whale awakenings, including a $1.26 billion shift on July 23 and over 80,000 BTC moved by a separate address since July 4.
Quick Take Strategy has boosted its Stretch preferred offering from $500 million to $2 billion, pricing shares at $90 with a 9% cumulative dividend. The proceeds will finance additional bitcoin buys, expanding Strategy’s current 607,770 BTC treasury.
The crypto market saw its first daily decline after four days of gains, with altcoins falling harder than Bitcoin.
Ethereum developers are proposing a gas limit increase to boost Layer-1 throughput. Solana devs are also planning a 66% block limit upgrade.
BONK price gained 6% on July 24 following a massive 500 billion token burn, making it the only top-5 Solana memecoin trading in green despite sector-wide declin
- 2025/08/04 23:56Two Newly Created Wallets Have Accumulated $183.57 Million Worth of ETHAccording to a report by Jinse Finance, Onchain Lens monitoring shows that newly created wallets are accumulating large amounts of Ethereum (ETH). The address starting with 0x86F received 15,000 ETH from FalconX, valued at approximately $55.91 million. This wallet currently holds a total of 39,294 ETH, worth about $146.45 million. The address starting with 0x55C received 9,968 ETH from Galaxy Digital, valued at around $37.12 million.
- 2025/08/04 23:46Elon Musk’s Net Worth Shrinks by $75 Billion This Year, World’s Richest Title May Change HandsAccording to a report by Jinse Finance, Elon Musk’s role as head of the “Department of Government Efficiency” appears to have taken a greater toll on his wealth than expected. Citing the Bloomberg Billionaires Index, Musk’s fortune has shrunk by more than $75 billion so far this year, with his net worth dropping to around $357 billion—well below the peak of over $450 billion at the end of 2024. The decline is mainly due to the performance of his 13% stake in Tesla, whose share price has fallen nearly 20% this year. Musk’s lead as the world’s richest person is being eroded by rivals: Oracle founder Larry Ellison and Meta CEO Mark Zuckerberg are closing in. Currently, the gap between Musk and Ellison’s net worth is only about $54 billion. Oracle has seen explosive growth thanks to its AI strategy and cloud computing business, with its stock price surging more than 50% this year, rapidly boosting Ellison’s wealth. If this trend continues, Musk is highly likely to lose his title as the world’s richest person before the end of the year. (Jin10)
- 2025/08/04 23:36BONK Announces the Burn of 300 Billion BONK Tokens Worth Approximately $8.05 MillionAccording to Jinse Finance, the meme project BONK announced on Twitter that 300 billion BONK tokens (approximately $8.05 million) have just been burned, based on fees generated by the Letsbonk.Fun platform.