SharpLink has increased its Ethereum holdings by purchasing 19,271 ETH for approximately $75 million, bringing its total to nearly 860,000 ETH. This treasury, worth around $3.5 billion, positions SharpLink as a significant player in the Ethereum ecosystem.

U.S. spot Ethereum ETFs have surpassed $1 billion in daily net inflows for the first time since their launch, reflecting increasing investor confidence in Ethereum as a crucial element of mainstream crypto adoption. Since May, these ETFs have attracted over $8 billion, supported by strong regulatory conditions and significant traditional finance investments.

Ethereum treasuries held by 69 entities have surpassed 4 million ETH, valued at over $17 billion. Public companies own approximately 2.6 million ETH, while U.S. spot Ethereum exchange-traded funds hold about 6.7 million ETH, representing roughly 5.5% of the total ETH supply.

The U.S. Department of Labor is reversing its previous warnings against including cryptocurrencies in retirement investments, arguing that it should not dictate which assets are deemed risky. This shift aligns with the Trump administration's broader embrace of digital assets and follows significant changes in the crypto market, where investments have seen substantial gains since the earlier caution was issued.

Cantor has entered into a $3.6 billion venture deal in the cryptocurrency space with SoftBank and Tether, signaling a significant investment in the evolving digital asset market. This collaboration is expected to enhance Cantor's capabilities and presence in the crypto sector.

The belief that holding onto cryptocurrencies leads to long-term gains is challenged in this analysis, which argues that the crypto market primarily functions as a wealth extraction system. With a focus on empirical evidence, the article highlights the underperformance of altcoins compared to Bitcoin and explains why traditional investment strategies often fail in the crypto space.

MEI Pharma has purchased 929,548 Litecoin tokens, amounting to $100 million, making it the first U.S.-listed company to adopt Litecoin as its primary treasury asset. The company cites Litecoin's reliability, low fees, and integration into major platforms as key factors in its decision, and hints at potential expansions into Litecoin mining and other initiatives.

US President Donald Trump has signed an executive order that allows Americans to include alternative assets like cryptocurrencies in their 401(k) retirement plans. The move aims to provide greater asset diversification and competitive returns, though experts caution about the potential risks associated with the volatility of such investments. Following the announcement, Bitcoin's price saw a slight increase as the sector anticipates access to a significant pool of retirement funds.

The article discusses methods for measuring growth in the cryptocurrency sector, emphasizing the importance of both on-chain metrics and user engagement. It highlights various indicators that can provide insights into the health and sustainability of crypto projects, such as transaction volume, active addresses, and community activity. Understanding these metrics can help investors and developers gauge the potential success of cryptocurrencies in a rapidly evolving market.

BitMine Immersion Technologies has increased its Ethereum holdings to 566,776 ETH, valued at over $2 billion, becoming the largest publicly traded Ethereum treasury firm. This surge follows significant investments from prominent backers like Peter Thiel and Ark Invest, fueling a competitive race among crypto treasury firms for ether accumulation.

Thailand has announced a five-year tax exemption for individuals earning income from cryptocurrency investments, aiming to encourage growth in the local digital asset market. This initiative is part of broader efforts to foster innovation and attract foreign investment in the country's burgeoning crypto sector.

Congressman Nick Begich proposes the BITCOIN Act to diversify the U.S. balance sheet by acquiring one million bitcoins over five years. He emphasizes the need for the U.S. to lead in the digital economy and views bitcoin as a strategic reserve asset alongside gold.

Crypto investment products achieved a record $4.39 billion in inflows last week, bringing year-to-date totals to $27 billion and assets under management to $220 billion. Bitcoin and Ethereum led the surge, with Ethereum attracting $2.12 billion alone, marking a strong risk appetite in the market.

Franklin Templeton analysts caution that the future of corporate crypto treasury strategies is uncertain due to risks of a negative feedback loop. While there are upsides like capital raising and staking opportunities, falling crypto prices could trigger a downward spiral affecting investor confidence and company valuations.

Lee Jae-myung, South Korea's leading presidential candidate, has pledged to push for the approval of spot crypto ETFs, which are currently banned in the country. His commitment aims to create a safer investment environment for younger South Koreans amid structural economic challenges. The country's financial regulator has expressed support for this initiative.

Crypto investment products saw unprecedented net inflows of nearly $6 billion last week, driven by positive market sentiment following a U.S. interest rate cut and weak employment data. Bitcoin and Ethereum experienced significant gains, pushing assets under management to an all-time high of $254 billion.