Sunday Top Crypto News
In one short thread…
Trump Media and Technology Group Corp. (DJT) acquired $2 billion in bitcoin and bitcoin-related securities by the end of July 2025, according to its second quarter of 2025 financial results.
The company allocated another $300 million to an options acquisition strategy targeting BTC…
Their financial assets rose 800% year on year, to $3.1bn driven by its treasury strategy and institutional fundraising.
Cathie Wood-led Ark Invest added to its holdings of centralized exchange Coinbase and Ethereum treasury company BitMine Immersion Technologies with nearly $47 million worth of crypto-related purchases across three funds on Friday.
JP Morgan said in a not on Friday that Bitcoin miner profits reached their highest monthly mark in July since the last halving in April of 2024.
a16z partner Alex Rampell warns that while “Operation Chokepoint 2.0” has ended, major U.S. banks are now pushing a new “Chokepoint 3.0” — using high fees, restricted data access, and app blocking to suppress crypto and fintech competition….
He notes that banks like JPMorgan are trying to raise the cost of moving funds to platforms like Coinbase and Robinhood to undermine emerging rivals.
Crypto majors trade at the following levels
BTC 113,570 (flat over 24 hours)
ETH 3,445 (down 0.9%)
XRP 2.836 (down 4.8%)
SOL 160.48 (down 1.5%)
Have a great day!
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