Bitcoin price surged to $116,850 on Thursday, marking an over 2% increase, after reports emerged that President Donald Trump plans to sign an executive order allowing crypto and other alternative assets in 401(k) retirement accounts, potentially unlocking a massive new pool of institutional capital for Bitcoin.

The executive order, expected to be signed on Thursday, will direct the Labor Department to reevaluate existing guidance around alternative investments in retirement plans governed by the Employee Retirement Income Security Act of 1974 (ERISA). The move could give Americans greater access to Bitcoin and crypto through their retirement savings accounts, which currently hold…

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Cosmos Health Inc. (NASDAQ: COSM), a global healthcare group, has announced a major move into cryptocurrency by securing up to $300 million in financing through a deal with a U.S.-based institutional investor. The funds will be issued as senior secured convertible promissory notes, with at least 72.5% allocated to building a digital asset treasury reserve in Ethereum (ETH). This marks a bold shift in strategy as the company aims to align with the future of digital finance.

The ETH assets will be held and staked securely through BitGo Trust Company, one of the top institutional crypto custodians. Cosmos Health plans to leverage blockchain for supply chain tracking, wellness rewards, and deeper global consumer engagement. The strategy also includes exploring yield-generating opportunities to maximize ETH holdings and cash flow.

CEO Greg Siokas emphasized that the move into Ethereum is a long-term commitment, not a temporary pivot. The funding also supports the company’s product development, R&D, and planned U.S. manufacturing expansion, offering investors both growth potential and crypto exposure.

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ECR Minerals plc (LON: ECR), a gold exploration and development firm focused on Australia, has announced a major step into the digital finance space by adopting a Bitcoin and Digital Asset Treasury Management Policy. The move aligns with the company’s long-term vision as it eyes revenue generation from projects like the Blue Mountain gold site in Queensland.

Under the new policy, up to 50% of ECR’s free cash flow from gold production and surplus cash may be used to acquire BTC, with strict security protocols including regulated custodians and offline cold storage. The company will not engage in speculative trading or derivatives, maintaining a focus on long-term value. A small portion of its treasury may also be allocated to high-tier digital assets like Ethereum, provided they yield returns that are reinvested in BTC.

Chairman Nick Tulloch highlighted the shift in global financial thinking and the flexibility digital assets offer, especially for multi-currency businesses. ECR aims to position itself at the forefront of financial innovation while maintaining its core focus on gold exploration and development.

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Ethereum treasury companies are quickly gaining traction as a powerful investment option, surpassing the appeal of U.S. spot Ethereum ETFs, says Geoffrey Kendrick, Standard Chartered’s global head of digital assets research. He highlights their strong net asset value (NAV) multiples — now stabilized above 1 — and the ability to offer greater returns through staking rewards and DeFi participation, advantages not available to U.S. ETFs.

SharpLink Gaming (SBET), backed by Ethereum co-founder Joe Lubin, stands out with a NAV multiple just above 1. Kendrick emphasized that ETH treasury firms provide a “regulatory arbitrage” advantage, making them especially attractive to investors. These firms have collectively acquired 1.6% of all ETH in circulation since June — matching ETF accumulation rates — with BitMine (BMNR) leading the pack and targeting 5% ownership of all ETH.

Today in the Southern District of New York (SDNY), Tornado Cash co-founder Roman Storm was found guilty of the second count on his indictment, conspiracy to operate an unlicensed money transmitting business.

The Tornado Cash trial has concluded.

Roman Storm has been found guilty of the conspiracy to operate an unlicensed MTB charge.

Here are my thoughts on the outcome, the government’s (rejected) motion to remand Storm, and what comes next. pic.twitter.com/T41TtEL9Kh

— Frank Corva (@frankcorva) August 6, 2025

The jury did not come to a unanimous verdict on the other two counts — conspiracy to commit money laundering and conspiracy to violate sanctions.

The jury arrived…

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Bitcoin doesn’t scale.

That shouldn’t be read to mean that Bitcoin, the asset, or different ways to use it don’t scale. But Bitcoin’s blockchain does not scale. This is a fundamental and undeniable reality of its architecture. We’ve known this definitively since the Blocksize Wars (well, Bitcoiners have known this). Some people, such as James A. Donald — an anonymous cryptographer who was the first person to reply to Satoshi on the cryptography mailing list — and Hal Finney himself, knew this from the very beginning.

It is not possible for every person on Earth to have to receive, verify and retransmit the transactions of every other person on the planet. The…

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Today, Acacia Research Corporation (Nasdaq: ACTG) has announced a new partnership with Unchained and Build Asset Management, focusing on a Bitcoin-backed commercial loan strategy designed to offer attractive, risk-adjusted returns while expanding Acacia’s exposure to the rapidly growing Bitcoin ecosystem.

“We are very excited to partner with Unchained and Build for this Bitcoin-backed loan strategy,” said Martin (“MJ”) D. McNulty, Jr., Chief Executive Officer of Acacia. “Investors around the world are increasingly looking to capitalize on the value Bitcoin provides as a secure source of quality collateral.”

According to the press release, the partnership will see…

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PayPal, a household name for digital payments in Canada, is now officially integrated with Coinbase, one of the world’s leading crypto exchanges. With nearly 10 million active PayPal users across the country, Canadians can now buy cryptocurrencies faster and more securely using a platform they already trust. This new option complements existing methods like Interac e-Transfer and debit cards, making crypto funding more seamless for everyday users.

The partnership marks a major step in making crypto more accessible for the mainstream. John Froese, Senior Vice President at PayPal, stated, “Our partnership with Coinbase makes accessing and funding crypto accounts effortless, opening new doors to the digital economy.” With over five million Canadians already owning crypto, this move is expected to draw even more into the growing digital asset space by removing friction from the buying process.

Coinbase is also celebrating a successful July, with $1.5 billion in Q2 revenue and key regulatory wins. New launches, including perpetual futures trading and the Base app with a 700,000+ waitlist, reinforce the company’s bold vision for the future of decentralized finance.

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