US Trade Representative: New round of tariffs on multiple countries "basically decided"

SharpLink Gaming, Inc. (Nasdaq: SBET), has expanded its Ethereum treasury by purchasing 83,561 ETH between July 28 and August 3, 2025. NEW: SharpLink now holds 521,939 ETH Between July 28 – August 3, SharpLink acquired 83,561 ETH for $264.5M at an average price of $3,634 ETH-per-share (“ETH Concentration”) is now 3.66, up from 3.40 last week, and has increased 83% since we began the strategy on June 2nd 100%… pic.twitter.com/X1MFXFDj37 — SharpLink (SBET) (@SharpLinkGaming) August 5, 2025 The weekly accumulation, valued at $264.5 million, increased the company’s total ETH holdings to 521,939—up 19% from 438,190 ETH the prior week. This marks another major leap in SharpLink’s aggressive treasury strategy , which began on June 2, 2025. Since the start of the program, the company has boosted its ETH holdings by more than 150%. Average Purchase Price Declines For the week ending August 3, the average ETH purchase price stood at $3,634, a modest decrease from the previous week’s $3,756. Despite the minor dip in price, SharpLink has accelerated its buying activity, acquiring more ETH than in any of the three preceding weeks. Since mid-July, the company has maintained a consistent pace of large-scale ETH purchases, starting with 74,700 ETH in the week ending July 13 and growing weekly, reaching 83,600 ETH in the most recent update. ETH Concentration Rises SharpLink’s ETH-per-share concentration—referred to as “ETH Concentration”—rose to 3.66 from 3.40 the previous week. This figure reflects the number of ETH per outstanding share and has increased by 83% since the treasury strategy was launched. The metric is a key indicator of how tightly SharpLink is tying shareholder value to Ethereum’s price performance and adoption. ATM Facility Drives Capital Growth To fund its ETH accumulation, SharpLink said it continues to rely on its At-the-Market (ATM) facility. For the week ending August 3, the company issued 13.6 million shares, generating $264.5 million in net proceeds. This follows the $279.2 million raised the prior week and the $96.6 million the week before. Cumulatively, the company has issued over 52 million shares and raised more than $1 billion since the strategy was launched. Adding momentum to the company’s evolving direction, Joseph Chalom—former digital asset strategist at BlackRock— officially assumed his role as Co-CEO on July 24. Chalom reaffirmed SharpLink’s commitment to expanding its ETH treasury, stating, “SharpLink remains deeply committed to its mission of creating enduring shareholder value by building the largest and most trusted ETH treasury company.” He added that the company is evaluating additional capital formation strategies—including debt and equity-linked instruments—to further scale its ETH holdings and reinforce alignment with Ethereum’s role in decentralized finance. As of August 3, 100% of SharpLink’s ETH is staked, and cumulative staking rewards reached 929 ETH, further strengthening the company’s crypto-native yield generation strategy.

U.S. President Donald Trump said on Tuesday that it’s unlikely that he’ll run for a third term, despite the fact that he’d “like to,” per a new interview with CNBC Squawk Box. Donald Trump Talks Third Term Despite Constitutional Limits In an August 5 interview with the media program, the newly inaugurated U.S. president hinted at his desire to run for a constitutionally prohibited third term. “I’d like to run,” Trump said. “I have the best poll numbers I’ve ever had.” Touting his 2024 win and “the best poll numbers,” President Donald Trump told CNBC on Tuesday that “I’d like to run again." But asked by the "Squawk Box" hosts if he will attempt to seek a third term in 2028, Trump replied, “Probably not.” https://t.co/LyGqubR8Qy — WCNC Charlotte (@wcnc) August 5, 2025 Trump indicated in March that he could seek out an additional term in 2028, telling NBC News’ Kristin Welker that he has “methods” he can pursue. “You know, we’re very popular,” he told NBC at the time. “And you know, a lot of people would like me to do that.” Ratified on February 27, 1951, the 22nd Amendment strictly prohibits people from being elected to the office of the presidency more than twice. Should Trump choose to seek re-election at the end of his second term, he would be in direct violation of the Constitution. Polymarket Bettors Place 2028 Odds Polymarket bettors have already made their predictions for the 48th president come 2028—a new poll on the decentralized prediction market shows. According to the poll , 55% of Polymarket bettors predict that U.S. Vice President JD Vance will become the next U.S. president, while just 4% believe Trump will continue for a third term. Other potential candidates favored by Polymarket bettors include United States Secretary of State Marco Rubio, media personality Tucker Carlson, and Florida Governor Ron DeSantis. Trump, who largely campaigned on enacting crypto-friendly regulations , has faced scrutiny in recent weeks over his potential association with sex offender Jeffrey Epstein. Trump’s political opponents have also criticized his ventures in the blockchain space , particularly in regard to his namesake $TRUMP memecoin. However, whether Polymarket bettors are correct in their predictions remains to be seen.

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