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Peter Thiel Stakes on Ethereum Treasury Companyt, GENIUS Bill Achieves a Breakthrough, and More…

by crypetonews
July 16, 2025
in Crypto Updates
Reading Time: 3 mins read
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Stay Ahead with Our Immediate Analysis of Today’s Best Crypto Presales

Check out our Live Update Coverage on the Best Crypto Presales for July 16, 2025!

As Bitcoin broke through a historical $122K level, crypto presales are ready to soar in the coming rally. These early-stage crypto projects are often significantly more profitable than established coins like Bitcoin.

We’ll give you live updates on the trending presales, whale activities, projected funding and development rounds, and critical alerts—everything you’ll need to get an edge.

We update this page frequently throughout the day, as we get the latest insider insights on the hottest presales, so keep refreshing!

Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you.

Peter Thiel Goes All In on Ethereum, Buys Stake in $ETH Treasury Company: Best Presale to Ride the Hype

July 16, 2025 • 10:00 UTC

Recent SEC filings show that several Peter Thiel-linked companies have bought a 9.1% share in BitMine Immersion Technologies, which recently started an $ETH strategy.

The company’s stock jumped from $40.62 to $59 over the weekend, a 45% increase. It now sits at $47.25, an 18.24% increase over the last day.

Other companies staking on BitMine include Kraken, Galaxy Digital, and Pantera Capital.

Ethereum strategies have caught on recently as Bitcoin broke through $120K and Ethereum leaped over the psychological $3K level.

With all the Ethereum hype, investors are looking toward ERC-20 presales that could follow the hype. And we’re watching Snorter Token ($SNORT), a Solana–Ethereum project that brings the fastest and cheapest Solana trading bot to you.

Read about what Snorter Token is and what it plans to do.

Trump Hints at GENIUS Bill Breakthrough. Best Wallet Presale to Benefit

July 16, 2025 • 10:00 UTC

Despite heated debates between Democrats and the GOP earlier during Crypto Week, Trump believes he has enough support for the GENIUS Act to pass.

I am in the Oval Office with 11 of the 12 Congressmen/women necessary to pass the GENIUS Act and […] they have all agreed to vote tomorrow morning in favor of the rule.

—Donald Trump, Truth Social

The Act could soon fill regulatory gaps regarding consumer protections and AML compliance. It would also set a comprehensive framework for how US stablecoins should be issued, audited, and managed.

This could all help make crypto mainstream in the US, but it also brings up further questions about asset custody and crypto integration within retail payments.

This is where solutions like Best Wallet will be in high demand thanks to their easy onboarding, secure self-custody, and broad crypto asset support.

Best Wallet’s token presale has raised close to $14M, with the funds going towards further retail-friendly developments, like a crypto debit card.

Check the $BEST presale to support the project.

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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