- The Coin Block
- Posts
- Bitcoin, Ethereum, Cosmos and more Week 10 2025
Bitcoin, Ethereum, Cosmos and more Week 10 2025
Keeping you updated on crypto, web3 and blockchain
TL;DR
US Declares Bitcoin Strategic!
US Bitcoin Reserve Sparks $370M ETF Outflows
Ethereum Delays Pectra Upgrade
BioNexus Approves Ethereum Treasury
Envision Labs Integrates Akash, Cuts GPU Costs
Injective Ecosystem Campaign Launches on Bitget Wallet
Coinbase Considers Tokenized Stock, $COIN
$200M Crypto Bet Before Trump’s Announcement
and much more!
Market, Airdrop & Memecoin Update
Before we dive in, make sure to check out our recent Market, Airdrop and Memecoin updates:
Grab Your 7 Day Free Trial
You're invited to upgrade your subscription to our Premium membership with a 7 day FREE trial!
No catches. No strings attached. Just pure crypto alpha to get you ahead!
Upgrade now for:
Ad-Free Experience 🚫👀
Weekly News Summary 📰🔥
Weekly Market Summary 💸📈
Weekly Airdrop Summary 🎁💎
Weekly Memecoin Summary 💸📈
All for just $15/month after the trial.
Don't miss out! Get your FREE trial today 👇
Bitcoin Highlights of the Week
White House crypto czar David Sacks confirmed the US is treating Bitcoin as a strategic reserve asset, emphasizing its scarcity and long-term value. A government-wide audit will determine total crypto holdings, with Treasury Secretary Scott Bessent managing a separate digital asset stockpile.
While Trump named Ethereum, Solana, XRP, and Cardano, Sacks cautioned against overanalyzing the inclusion. Analysts suggest Bitcoin’s price may rebound as policies unfold. The executive order signals potential government acquisitions, reinforcing Bitcoin’s role in financial markets. Experts predict the reserve strategy could drive broader nation-state adoption of Bitcoin over time.
Georgia Congressman Mike Collins now accepts crypto donations, including BTC, ETH, LTC, DOGE, SOL, and USDT, for his reelection campaign. He aims to destigmatize crypto and embrace emerging technologies. Collins has invested heavily in digital assets, disclosing holdings in ETH, AERO, VELO, and even memecoins like SKI.
His move aligns with a broader political shift, as past candidates like Robert F. Kennedy Jr., Vivek Ramaswamy, and Donald Trump embraced crypto donations. Following Trump’s reelection, the U.S. government softened its stance on crypto, with the SEC dropping lawsuits and engaging with industry leaders.
New Hampshire’s Bitcoin reserve bill passed the House Commerce and Consumer Affairs Committee in a 16-1 vote, moving it to a full House vote. If enacted, it would allow the state treasurer to invest up to 5% of certain funds into Bitcoin, the only eligible digital asset. The bill also permits investments in gold, silver, and platinum.
Initially proposing a 10% allocation, it was amended to 5%. New Hampshire joins other states like Texas and North Carolina in advancing Bitcoin-related legislation. The move aligns with growing U.S. interest in state-level Bitcoin reserves, following Trump’s Crypto Strategic Reserve proposal.
U.S. President Donald Trump signed an executive order creating a "Strategic Bitcoin Reserve" and a "Digital Asset Stockpile," seeded with government-seized crypto. The Bitcoin reserve, described as a "digital Fort Knox," will store BTC as a long-term asset. Other cryptocurrencies will form the digital stockpile under Treasury oversight.
The order mandates a full audit of government-held crypto, which includes 198,109 BTC worth $17.87 billion. No additional purchases will be made beyond seized assets. This move aligns with Trump’s earlier statements about including Bitcoin, Ethereum, XRP, Solana, and Cardano in a national crypto reserve.
Bitcoin ETFs saw $370 million in outflows on March 7 following President Trump’s executive order establishing a US Bitcoin reserve. The order did not mandate government purchases, disappointing investors. Analysts noted market expectations were higher, triggering a 2% Bitcoin price drop and futures decline.
However, the reserve’s existence could drive institutional and nation-state adoption. While some view the reaction as a "sell the news" event, others see long-term bullish implications, as the US acknowledges Bitcoin’s strategic role in global finance. Experts believe financial institutions may now face pressure to increase BTC allocations.
Sponsor of the Week
Pay No Interest Until Nearly 2027 AND Earn 5% Cash Back
Some credit cards can help you get out of debt faster with a 0% intro APR on balance transfers. Transfer your balance, pay it down interest-free, and save money. FinanceBuzz reviewed top cards and found the best options—one even offers 0% APR into 2027 + 5% cash back!
Ethereum Highlights of the Week
Ethereum developers have postponed the Pectra upgrade after encountering issues in testnet deployments. Bugs on the Holesky and Sepolia networks, caused by misconfigurations rather than flaws in the upgrade itself, raised concerns. To address this, developers will use a shadow fork of Holesky for further testing while fixing the main network.
The upgrade process remains on hold as developers gather more data, planning to resume once Holesky stabilizes. This delay underscores the cautious approach to ensuring network reliability before the full rollout of Ethereum’s next major upgrade.
Trump’s World Liberty Financial (WLFI) DeFi platform tripled its Ether holdings in a week, accumulating $10 million more in ETH as prices briefly dipped below $2,000. WLFI also acquired $10 million in Wrapped Bitcoin and $1.5 million in MOVE tokens. The platform faces an unrealized loss of over $89 million across its holdings.
The purchases align with WLFI’s “Macro Strategy” fund, which aims to strengthen digital assets and integrate traditional and decentralized finance. Ethereum remains WLFI’s largest holding, fueling speculation about potential government adoption of Ethereum-based technologies under Trump’s administration.
Ethereum researcher "Malik672" has introduced a "Decentralized Random Block Proposal" to tackle centralization and eliminate Maximal Extractable Value (MEV). The system uses Byzantine fault tolerance (BFT) and a cryptographic random algorithm to democratize block proposing, removing reliance on centralized builders like Beaverbuild and Titan Builder.
By spreading block construction globally, the proposal aims to mitigate mempool variance and reduce slot times from 12 seconds to six to eight seconds. This aligns with Ethereum’s trustless principles and supports future scaling efforts like Danksharding. Ethereum developers continue to push for faster upgrades to enhance the network’s decentralization and efficiency.
BioNexus Gene Lab Corporation has become the first Nasdaq-listed firm to prioritize Ethereum over Bitcoin for its treasury. The company highlights Ethereum’s staking yield (3-5%), institutional backing from BlackRock and Fidelity, and its role in stablecoin transactions. CEO Sam Tan confirmed Ethereum allocations but withheld specifics.
Despite this strategic shift, BioNexus faces financial struggles, including a Nasdaq compliance notice due to its stock trading at $0.32, down 61% this year. To regain compliance, it plans a reverse stock split before May 1. The firm operates in genomic diagnostics and chemical distribution, with most revenue from industrial chemical supplies.
The Ethereum Foundation has appointed Hsiao-Wei Wang and Tomasz Stańczak as co-Executive Directors, effective March 17. Wang, a key contributor to the Ethereum beacon chain, brings extensive research and community-building experience. Stańczak, founder of Nethermind, has a strong development and organizational leadership background.
Their leadership aims to guide Ethereum’s transition into a censorship-resistant financial and software base layer while upholding its core values of open-source collaboration, privacy, and security. Stańczak will transition out of his CEO role at Nethermind as he takes on this new position.
Cosmos Highlights of the Week
Envision Labs integrated the Akash Supercloud to scale its generative AI products while cutting GPU costs by up to 30%. By leveraging Akash’s decentralized computing marketplace, Envision met surging AI demands without expensive traditional cloud providers.
With 35+ AI models trained and 100,000 images generated in a month, Akash provided scalable, cost-efficient GPU power. Envision also utilized Akash’s permissionless infrastructure for flexibility and resilience. Looking ahead, Akash remains key to Envision’s AI strategy, supporting future developments like autonomous agents and large-scale content creation while maintaining a decentralized, scalable computing environment.
Bitget Wallet has launched a new Injective Ecosystem Campaign, offering users a chance to win a share of 6,610 $INJ (worth approximately $100,000). Participants can complete ecosystem tasks, with rewards distributed based on protocol interaction volume.
The campaign, co-hosted by Injective and its ecosystem projects, runs from March 5 to March 19. Users can join by downloading Bitget Wallet, accessing the Reward Center, and completing in-app tasks. Injective, a Layer 1 blockchain built for finance, continues expanding its ecosystem with this initiative to boost engagement and adoption.
Libre has deployed Nomura’s Laser Digital Carry Tokenized Institutional Fund on Injective, bringing tokenized assets from BlackRock and Hamilton Lane onchain. This initiative enables institutional and accredited investors to access top-tier funds with lower fees, transparent settlements, and 24/7 trading.
Injective’s RWA module allows permissioned asset creation, bridging TradFi and DeFi. By converting traditional assets into smart contract-based tokens, Injective and Libre are pioneering tokenized institutional finance, unlocking trillions in potential capital flow.
Persistence One has launched Round 2 of its incentivized testnet, building on feedback from Round 1. Users praised Bitcoin interoperability, intent-based matching, and ease of use, leading to key upgrades. New features include multi-order support, improved solver bot transaction management, streamlined order batching, and spam protection.
Participants can complete tasks to earn rewards, with equal chances for newcomers and previous testers. The initiative aims to further stress-test the infrastructure and refine user experience. Persistence One continues to enhance its ecosystem, prioritizing scalability and efficiency for seamless blockchain interactions.
Union has partnered with Tower, Babylon’s first native DEX, to simplify Bitcoin liquidity access in DeFi. Tower enables “1-click” staking, swapping, and liquidity provision without bridging delays. Users can specify gas fees for seamless transactions, while integration with CosmWasm and Babylon enhances BTC usability.
Incentives for liquidity providers, swappers, and governors ensure optimal liquidity distribution. Union will integrate directly with Tower and launch new activities on its dashboard. As Tower reshapes Bitcoin’s DeFi role, this partnership marks a major step toward streamlined, efficient trading for global users.
Other Highlights of the Week
Coinbase is reportedly exploring the launch of a tokenized version of its stock ($COIN), potentially enabling on-chain stock trading. This move reflects a growing interest in integrating traditional financial assets with blockchain technology.
The initiative may be influenced by shifting regulatory attitudes under the Trump administration, which could pave the way for broader adoption of tokenized equities. While details are still emerging, the development signals Coinbase’s push toward bridging traditional finance and decentralized finance, offering new possibilities for investors and the crypto ecosystem.
Donald Trump’s administration is reportedly aiming to weaken markets in the short term to lower refinancing costs on $7 trillion in debt due within six months. Instead of refinancing at high interest rates, the strategy involves creating uncertainty—such as imposing tariffs—to push investors toward bonds, lowering yields.
As yields drop, the Federal Reserve gains room to cut rates, further reducing borrowing costs. While tariffs typically raise inflation, market uncertainty is driving investors away from stocks and into bonds, aligning with Trump’s goal of securing cheaper refinancing and potential long-term economic stability.
A trader placed $200 million in long positions on Bitcoin and Ethereum with 50x leverage just hours before Trump announced the US Strategic Crypto Reserve. The high-risk bet would have been liquidated by a 2% drop but instead soared as BTC surpassed $94,000, adding $300 billion to crypto’s market cap.
The timing has sparked speculation about insider knowledge, as blockchain transparency exposes all transactions. With Bitcoin recovering from a 25% decline, this move has drawn attention to potential market manipulation or an incredibly well-timed gamble. The incident raises questions about privileged access to market-moving information.
Thanks for reading our newsletter!
Upgrade to get premium content below 👇