[Daily News Highlights] Trump: Tariffs will start being imposed on August 1, 2025, with no extensions; Bloomberg: Tether holds $8 billion worth of gold in a secret vault in Switzerland; Truth Social files S-1 to launch Crypto Blue Chip ETF.

Daily selected Web3 news by BitPush editor:

[Trump: Tariffs will be imposed starting August 1, 2025, with no extensions granted]

According to BitPush news, U.S. President Trump stated that tariffs will be imposed starting August 1, 2025. The deadline will not change, and no extensions will be granted.

[Bloomberg: Tether holds $8 billion worth of gold in a secret vault in Switzerland]

According to reports from BitPush and Bloomberg, Tether Holdings SA has its own vault in Switzerland, storing $8 billion worth of gold, and is looking to expand its gold reserves. This cryptocurrency company, headquartered in El Salvador, stated that it currently holds nearly 80 tons of gold, most of which is held directly by Tether, making it one of the largest gold holders in the world outside of banks and nations.

Tether CEO Paolo Ardoino stated: "We have our own vault. I believe it is the safest vault in the world." The facility is located in Switzerland, but for security reasons, the company refused to disclose its exact location and establishment time.

[Truth Social submits S-1 filing, plans to launch Crypto Blue Chip ETF]

According to Bi推 news, as shown on the SEC's official website, Truth Social Crypto Blue Chip ETF, B.T. submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) on July 8, 2025, planning to issue a crypto blue-chip ETF. The fund is registered in Nevada, and the annual settlement date is September 30 each year.

[SharpLink Gaming has accumulated purchases of Ethereum worth $536.2 million]

According to news from Bitpush, as disclosed by Arkham, SharpLink Gaming has currently accumulated over $500 million worth of Ethereum, with a total value of the ETH held by the company amounting to $536.2 million, which is staked on two major platforms: Liquid Collective and Figment.

$470 million worth of ETH is staked in the form of lsETH at Liquid Collective;

In addition, they also sent 25,312 ETH to Figment validators for staking, currently worth approximately 66.19 million USD (this part is not included in the main entity disclosure and does not include staking rewards).

Ego Death Capital, focused on the Bitcoin ecosystem, has completed a $100 million second phase fundraise.

According to BiTui news, the venture capital firm Ego Death Capital, which focuses on the Bitcoin ecosystem, announced that its second fund has successfully raised $100 million. This funding will primarily be used to support early-stage startups built on the Bitcoin blockchain, further strengthening its investment in this niche market of cryptocurrency venture capital.

Ego Death Capital was established in 2022. Its first fund raised $25.2 million and it also set up a special purpose vehicle (SPV) of $7.5 million. The company's founding partners include Jeff Booth, Andi Pitt, and Nico Lechuga.

It is reported that the second phase of the fund will primarily focus on leading Series A financing, with initial investment amounts ranging from 3 million to 8 million USD. The goal of the fund is to target companies building on Bitcoin and its emerging application layers (including Lightning Network (, Fedimint, and Discreet Log Contracts, etc.). The second phase of the fund has completed investments in three companies: Relai: a Swiss Bitcoin brokerage; LN Markets: a derivatives trading platform built on the Lightning Network; Roxom: a company building a global trading system on Bitcoin.

[Nasdaq-listed company BTCS announces a $100 million ETH buyback plan, stock price surges over 100% in a single day]

According to Bitpush news, blockchain technology consensus solution (BTCS), a Nasdaq-listed company, announced that it will raise $100 million through traditional and decentralized finance (DeFi) markets to increase its holdings of Ethereum (ETH). As a result of this news, the company's stock price surged more than 100% on Tuesday, now reported at $5.84.

BTCS has focused on the Ethereum ecosystem since 2021, holding 14,600 ETH (approximately $38 million) as of June, and operating Ethereum validation nodes. Its CEO, Charles Allen, emphasized the "central role of Ethereum in digital financial infrastructure" and committed to protecting shareholder interests through diversified financing methods.