First Edition
Welcome to the first edition of Bits and Blocks! This weekly newsletter is put together to explain to you the cryptic new financial world.
August 27, 2025
Hello!
Welcome to the first edition of Bits and Blocks! This weekly newsletter is put together by myself, Omnia Al Desoukie, and my colleague, Laia Fernandez. We are two communication professionals passionate about explaining to you the world of Blockchain, Bitcoin, Ethereum, and all the jargon of the new financial world!
If you look at the cryptocurrency markets today, you will find that they are sliding after a major Bitcoin whale sell-off and mounting macroeconomic concerns. The pullback comes shortly after Bitcoin hit a record high and Ethereum rallied in early August on hopes of potential U.S. interest rate cuts. But what does that even mean?
It means that cryptocurrency prices have dropped because a very large Bitcoin holder, known as a “whale”, sold off a huge amount all at once, which pushed prices down. At the same time, investors are nervous about the wider economy, with uncertainty around things like inflation and interest rates, making people less willing to hold risky assets like crypto. This comes right after Bitcoin hit its highest price ever and Ethereum also spiked earlier in August, as many were hopeful the U.S. might lower interest rates, which usually encourages more investment in cryptocurrencies. In short, excitement pushed prices up, but one big sale and renewed economic worries quickly brought them back down. This is the world of cryptocurrencies.
Welcome to the first of many weekly editions to come, where we hope to explain to you this world of wonders. Every Wednesday we will be publishing the latest news, memes, events and explanation of the week.
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Latest Bits & Blocks
Trump Media & Technology Group and Crypto.com announced plans to form Trump Media Group CRO Strategy, a new company that will use a treasury-style approach to accumulate Crypto.com’s token, Cronos, further linking the former U.S. president to the crypto industry. Following the news, Cronos surged 22.6% to $0.19, Trump Media’s shares rose 4.2%, and Yorkville Acquisition Corp’s shares slipped 2.3%, Reuters reported on Tuesday.
Digital asset manager Canary Capital filed on Tuesday to launch an exchange-traded fund (ETF) tied to the price of the $TRUMP meme coin, whose value is closely linked to U.S. President Donald Trump. The proposed ETF would give investors a regulated way to access this politically charged token, turning sentiment-driven speculation into a formal investment product.
Meanwhile, a group representing the world's biggest stock exchanges has called on securities regulators to crack down on tokenized stocks, arguing that the blockchain-based tokens create new risks for investors and could harm market integrity, a letter seen by Reuters shows.
Here is an explanation from the news agency on what exactly are the blockchain-based tokens which are created to represent ownership of the securities, but investors do not become shareholders in the underlying company.
In another news, Standard Chartered’s research chief Geoff Kendrick said in exclusive comments for CoinDesk that both Ethereum (ETH), the popular digital asset, and companies that hold a lot of it, look undervalued right now. In simpler terms, he believes they’re worth more than what people are currently paying for them. Even though ETH’s price recently fell below $4,500, the bank still expects it could rise to around $7,500 by the end of the year and as high as $25,000 by 2028, because more businesses and financial institutions are starting to use it, especially for things like digital dollars (“stablecoins”) that run on its network. Companies that keep ETH on their balance sheets, such as Sharplink Gaming and BitMine Immersion, are trading more cheaply than similar firms that hold Bitcoin, even though they have extra advantages like earning interest (“staking rewards”) on their ETH and in some cases promising to buy back shares if their value falls too low. The overall point is that Kenrick believes that both ETH itself and the companies holding it may be bargains today, with the potential for much higher value in the future.
Finally, we are witnessing a surge in more crypto companies sponsoring sports as a form of courting status and prestige in the world. Crypto brands are stepping onto the sports stage, and Galaxy Digital just made its move, unveiling its logo courtside at the U.S. Open. The Nasdaq-listed firm is sponsoring tennis players for the first time, joining peers like Bitpanda and Arkham Intelligence in betting on the sport’s prestige. For a sector working to shake off scandal, tennis offers an aura of trust, luxury, and legitimacy; much like Bitcoin itself has become a status symbol.
Web3 cheat sheet
Ep 1: How to create a wallet
Meme of the week
If you can’t defeat them, join them. That's what Kanye West who goes by Ye now didd. He went from “I’M NOT DOING A COIN,” he wrote, in a since-deleted post on X in February. “COINS PREY ON THE FANS WITH HYPE.” To👇
BentoBoi on X: "Kanye West’s $YZY memecoin was one of the BIGGEST rugs of 2025. Here’s how insiders walked away with millions of dollars, while thousands of traders got wrecked.
Where do you want to go next?
August 28-29, 2025, Bitcoin Asia
September 4-6, 2025, Taipei Blockchain Week
September 17-20, 2025, EDCON
September 22-28, 2025, Korea Blockchain Week