Hello Cointribe! 🚀
Today is Thursday, August 28, 2025, and as every day from Tuesday to Saturday, we bring you a recap of the last 24 hours’ must-know news
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡 Weather:
🌤️ Partly sunny
24h crypto recap! ⏱
🐳 Crypto whales acquire $456M in Ethereum; one investor shifts position
Nine institutional addresses purchased $456M worth of ETH via Bitgo and Galaxy Digital. Meanwhile, another player sold 24,000 BTC (≈ $2.59B) to buy 472,920 ETH on spot and opened a perpetual long position equivalent to $577M.
👉 Read the full article
📲 MetaMask adds Google and Apple login to its crypto wallet
The app now integrates Social Login via Google and Apple. The private key is still generated and stored locally, preserving the wallet’s non-custodial nature.
👉 Read the full article
📈 Robinhood and Strategy excluded from S&P 500, Interactive Brokers gains visibility
Robinhood and Strategy were not included in the index, leading to a decline in their stock prices. Meanwhile, Interactive Brokers joined the S&P 500 and rose +4.4% on the stock market.
👉 Read the full article
🚨 The Sandbox lays off 250 employees and removes its founders
The company cut its workforce in half with 250 layoffs. Co-founders Sebastien Borget and Arthur Madrid stepped down from their executive roles as part of the restructuring.
👉 Read the full article
Crypto of the Day: VeChain (VET)
🧠 Innovation and Added Value
VeChain (VET) is an enterprise-grade blockchain designed for supply chain traceability, IoT, and business applications. Its VeChainThor platform uses a Proof of Authority (PoA) consensus where authorized masternodes secure transactions.
💰 The VET Token: Utility and Benefits for Holders
The VET token enables value storage and transfer across the network. By holding it, users automatically generate VTHO, which is used to pay for transactions. Holders also participate in governance. This dual-token model stabilizes transaction costs while incentivizing long-term adoption through passive VTHO generation.
📊 Real-Time Performance (August 28, 2025)
Current price: $0.025153 USD
24h change: +0.82%
Market capitalization: ≈ $2.162 billion USD
Rank on CoinMarketCap: #46
Circulating supply: ≈ 85.985 billion VET
24h trading volume: ≈ $62.9 million USD
Bitcoin at $1.3 Million by 2035? Bitwise’s Bold Prediction
Could Bitcoin go far beyond its historical highs? That’s the scenario proposed by Bitwise, a crypto asset manager, with an ambitious projection: $1.3 million per BTC by 2035. Beyond the number, this forecast highlights a strategic vision of global economic dynamics and Bitcoin’s evolving role.
Bitwise projects Bitcoin at $1.3 million by 2035
Bitwise bases its estimate on an average annual growth of 28%, supported by macroeconomic factors such as rising inflation, fiat currency depreciation, global debt expansion, and the weakening of the dollar as the world’s monetary benchmark. According to their analysis, Bitcoin could gradually replace traditional reserve assets, notably through adoption by central banks and states.
The report highlights the $12 trillion in official global reserves compared to Bitcoin’s $2.3 trillion market cap. A partial reallocation of these reserves could significantly boost BTC’s valuation. Bitwise views Bitcoin as a digital safe-haven asset, akin to gold, but with much greater upside potential.
A hypothesis rooted in measurable trends
Bitwise also provides an intermediate projection: $200,000 per BTC by 2025. This transitional milestone is backed by the rise of institutional products linked to Bitcoin, ongoing regulatory adjustments, and growing interest from traditional asset managers.
Bitcoin’s supply cap of 21 million units creates structural scarcity, and when combined with rising institutional demand, could fuel sustained price growth. Bitwise stresses that adoption by states and central banks will remain the key catalyst.
By setting the bar at $1.3 million for 2035, Bitwise envisions Bitcoin far beyond a speculative asset, as a cornerstone of 21st-century monetary reserves.
