Ricardo Salinas holds 80% of his portfolio in Bitcoin.
He is considering moving to a full 100% Bitcoin allocation.
His move could inspire wealthy Latin Americans to adopt Bitcoin.
Ricardo Salinas Pliego is not playing it safe. Mexico’s third-richest man has already placed 80% of his liquid portfo

Gate VIP Wealth Management Summer Carnival Phase 3 event is officially launched. The event runs from August 6, 2025, 16:00 to August 20, 16:00 (UTC+8), and is open only to Gate VIP level users.

Ethereum (ETH) is experiencing a continuous influx of institutional funds. The latest data shows that the open interest for Ethereum Spot ETF has surpassed 6 million ETH, with a market capitalization of approximately $25.82 billion, accounting for 4.96% of the circulating supply. Meanwhile, 70 entities holding Ethereum reserves collectively possess ETH worth over $15 billion, as the institutional landscape continues to expand and market influence strengthens.

Vitalik Buterin, co-founder of Ethereum, recently posted on X (formerly Twitter), stating that the current development of artificial intelligence (AI) excessively pursues "autonomy," neglecting the value of human input in decision-making and output processes. He called on the industry to increase human input pathways, promote open-weight models with editing functions, and proposed a concept that combines brain-computer interfaces (BCI) to achieve real-time feedback and adjustments, drawing a more human-centered blueprint for AI development.

Stellar (XLM) has risen 10% over the past week, with a 3% increase in the last 24 hours, but the upward momentum has yet to explode. Despite the daily chart having broken a bullish pattern earlier this month, the price has not shown a strong pump. On-chain data reveals a key contradiction: the exchange XLM balance has reached a historical peak of 1.03 billion coins (approximately $470 million), creating significant sell pressure. However, the demand-side money flow index (MFI) has rebounded to 51.32, indicating that buying pressure is still supportive. The 4-hour chart shows an ascending triangle structure (support at $0.44, resistance at $0.46/$0.47), but the RSI divergence warns of a short-term momentum decay. If it breaks through $0.47, it may trigger a short order liquidation wave leading to a big pump; losing $0.43 would damage the bullish structure.

Author: Ana Levine, Source: E1 Ventures, Translated by: Shaw Golden Finance
The sharpest criticism comes from economists at the European Central Bank, who essentially accuse Bitcoin of being nothing more than a Ponzi scheme dressed in a crypto cloak. Their argument is concise and incisive: since Bitcoin does not enhance the productive potential of the economy, its continuous price increase only leads to a pure wealth redistribution effect, where consumption gains come directly at the expense of others' losses. This is merely a superfluous zero-sum game, accompanied by carbon emissions.
This critique is based on early research that indicates the welfare loss generated by Bitcoin's current design is approximately equivalent to 1.4% of consumption, making its efficiency about 500 times lower than that of a moderately inflationary currency system. Even if the Bitcoin protocol achieves optimal design, the resulting welfare loss would still correspond to an annual inflation rate of 45%.
Criticism of productivity is not only

How should the reserve fund of coin stocks be used? Where is the business model of TON? What should developers pay attention to?
After the first episode invited Jack Booth, the Vice President of the TON Foundation IP, which attracted widespread attention, the second episode of TON of Alpha invites Kirill Malev, the Venture Advisor of The Open Platform, the first unicorn in the TON and Telegram ecosystem with a valuation of 1 billion, to provide an in-depth analysis of the future development of the TON ecosystem.
From the most discussed topic of Treasury Fund to the sustainable business model of TON, Web3 venture capital trends, asset tokenization, and compliance challenges, Kirill provides the deepest insights for TON builders from the perspective of a practitioner deeply engaged in the ecosystem.

According to a report from Fortune magazine, payment technology giant Stripe is secretly collaborating with top crypto venture capital firm Paradigm to develop a high-performance Layer 1 blockchain named Tempo. This project is compatible with the Ethereum programming environment, allowing developers to port applications with extremely low friction. The core team currently consists of 5 people and is recruiting marketing talent aimed at Fortune 500 clients. This move is a key step for Stripe in perfecting its stablecoin payment landscape after the acquisition of wallet service provider Privy (in June) and the stablecoin infrastructure company Bridge ($1.1 billion, October 2024). Controlling the underlying blockchain layer will optimize the settlement speed for Stripe's stablecoin, reduce external dependencies, and customize transaction costs, solidifying its full-stack payment capabilities from wallet to settlement.

Ethereum(ETH)co-founder Joseph Lubin(boldly predicts that ETH's market capitalization may surpass Bitcoin)BTC(within the next year. The core logic is the accelerated allocation by corporate treasury buyers and the ecological maturity of Ethereum as "Decentralization economic digital oil." Fundstrat co-founder Tom Lee)is also bullish, proposing three major catalysts (stablecoin regulatory implementation, SEC promoting on-chain finance, and institutions like JPMorgan directly building positions) that could drive ETH to challenge the $30,000 high. Lubin describes the current moment as the "broadband popularization of Ethereum," where the convergence of technology, usability, and regulatory clarity will ignite mainstream adoption. Vitalik Buterin's holdings are valued at $1 billion again, as the macro environment shifts towards a "raging bull" cycle, coupled with the passage of the Genius Act stablecoin bill, together laying the foundation for ETH's market capitalization reversal.

U.S. President Trump signed an executive order on August 12, delaying the plan to increase tariffs on Chinese goods for another 90 days. This news stimulated market risk appetite, and Bitcoin (BTC) price surged, reaching a high of $119,800 (at the time of writing). Analysts pointed out that if BTC can hold above the key level of $121,000, it is likely to challenge the historical high of $123,000, but one must be cautious of the CME futures gap fill demand below $119,000. Short-term trends are also affected by the U.S. CPI/PPI inflation data on August 12/13 and the expectation of a Fed rate cut in September (probability 86.4%). Crypto analyst Altcoin Sherpa proposed two technical paths for BTC's subsequent trend.

As Web3 approaches 2025, the blockchain industry is undergoing transformation, with AI becoming the core of decision-making, the tokenization of real-world assets (RWA) accelerating, the MEME economy evolving into a multifunctional model, and cross-chain interoperability becoming essential. In the future, projects will need to integrate technology with market intelligence to meet new challenges.

The crypto assets eyeglass linked to the DeFi platform Terablock has left over 1,200 investors in Mexico and the United States with significant losses, with authorities estimating the total amount lost exceeds $300 million. This eyeglass has been using USDC stablecoin investments as a pretext since 2019, promising a monthly return rate of 7%-15%, showcasing false profits through a mobile application listed on the Apple App Store and Google Play. After the platform ceased operations in August 2021 under the pretext of "technical shutdown," the founder went missing. Cross-border pursuits between Mexico and the U.S. have led to the arrest of key suspect Mónica "N," and investigations are ongoing into mastermind Javier Elenes and his accomplices. Victims have lost their fortunes and some have even considered suicide, with experts warning that recovering funds may take years. This article includes guidelines for preventing crypto fraud.

As the second week of August begins, the total market capitalization of the crypto market has surpassed the $4 trillion mark, officially setting a new record high. With improved trading sentiment, bullish expectations further deepen the imbalance between buy and sell positions. Therefore, some altcoins may have to

Rumble, a video platform that competes with YouTube and holds Bitcoin assets, announced plans to acquire the cloud business Taiga and data center division Ardent of the German company Northern Data for $1.17 billion in an all-stock transaction, significantly enhancing its global AI cloud computing capabilities. Stablecoin issuer Tether, as the majority shareholder of Northern Data, supports this transaction and has committed to becoming a long-term customer of Rumble by signing a multi-year GPU procurement agreement. Northern Data is also selling its cryptocurrency mining business Peak Mining for $235 million. Rumble is known for advocating free speech and holds 210.8 BTC (worth over $25 million), with its stock price rising 3% on Monday.

Blue Origin, the space exploration company founded by Amazon's Jeff Bezos, announced that it now accepts Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and stablecoins such as USDT/USDC for purchasing spaceflight services, pioneering the use of cryptocurrency payments in the aerospace industry. Payments are facilitated by the crypto payment gateway of fintech company Shift4, whose executives stated that "the scale of crypto assets has reached $4 trillion, and the potential in the payment ecosystem is limitless." A deposit of at least \$150,000 is required for a Blue Origin space trip, and the founder of TRON previously secured a seat on the maiden flight for \$28 million, which took place last week. Shift4 processes transactions exceeding \$260 billion annually, and its stock rose 1.68% on Monday.

American Bitcoin miners are facing unprecedented cost pressures. With the Trump administration officially implementing high import tariffs on major ASIC mining machine producing countries in Southeast Asia on July 31, industry experts warn that the growth momentum of the American mining industry may slow down, and the import of mining rigs is rapidly shifting to low-tariff markets such as Canada.

Do Kwon, the founder of Terraform Labs, may change his plea to guilty, as both the prosecution and defense are currently negotiating; if an agreement is reached, the timeline for handling the case will be expedited. Kwon faces nine criminal charges including fraud and Money Laundering, and a guilty plea could become the first criminal case related to the collapse of a stablecoin, which would have far-reaching implications for future regulation.

The cryptocurrency market continues its upward trend, attracting investor attention to related crypto stocks. CleanSpark(CLSK), despite falling 6% on Friday, reported record quarterly earnings (nearly $200 million in revenue, Bitcoin reserves over $1 billion), rebounding pre-market to $10.43; MARA Holdings' Bitcoin holdings exceeded 50,000 in July, making it the second largest publicly traded holder globally, with a pre-market surge of 5.4% to $16.21; Hut 8(HUT) reported a net profit of $137.5 million in Q2, with energy reserves exceeding 10,000 megawatts and Bitcoin asset value at $1.1 billion, rising 4.4% pre-market to $20.30. All three stocks show upward momentum technically, but caution is advised regarding pullback risks caused by market fluctuations.