• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Bitcoin Mining Difficulty Decreases 11% Amid Price Decline

    Bitcoin Mining Difficulty Decreases 11% Amid Price Decline

    Bitcoin Faces Market Capitulation as Price Drops

    Bitcoin Faces Second-Largest Capitulation in Two Years

    Bitcoin Searches Surge Amid Price Drop to $60,000

    Bitcoin Searches Surge Amid Price Drop to $60,000

    Bitcoin Search Volume Peaks Amidst Price Drop

    Bitcoin Search Volume Peaks Amidst Price Drop

    Korean Regulators Investigate Bithumb's Bitcoin Crediting Error

    Korean Regulators Investigate Bithumb After 60 Trillion Error

    UAE Accumulates $700M in Bitcoin through State Mining

    UAE Accumulates $700M in Bitcoin through State Mining

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Ripple's RLUSD Gains as CFTC Expands Collateral Rules

    Ripple’s RLUSD Gains as CFTC Expands Collateral Rules

    Ripple's RLUSD Gains Approval with CFTC Tokenized Collateral Expansion

    Ripple’s RLUSD Gains Approval with CFTC Tokenized Collateral Expansion

    Midnight Token's Impressive Surge

    Midnight Token Jumps 42.7% Amid Hoskinson’s Leadership

    Kraken's Integration Plans for Pi Network

    Kraken Adds Pi Network to 2026 Integration Roadmap

    Kraken Adds Pi Network to 2026 Roadmap - Key Insights and Implications

    Kraken Lists Pi Network on 2026 Roadmap

    Solana Rumored to Drop Below $70 Amid Market Volatility

    Solana Rumored to Drop Below $70 Amid Market Volatility

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Services
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Event
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Sharplink Gaming ETH Purchase Claim Lacks Evidence

Solomon M. by Solomon M.
August 4, 2025
in News
futuristic urban neon sky
Key Takeaways:
  • No official confirmation of Sharplink’s alleged $53.48M ETH acquisition.
  • Absence of evidence from primary sources such as executives.
  • No impact on ETH market observed due to lack of transaction.
sharplink-gaming-eth-purchase-claim-lacks-evidence
Sharplink Gaming ETH Purchase Claim Lacks Evidence

Sharplink Gaming Inc. allegedly purchased $53.48 million worth of Ethereum, according to unverified reports circulating on Telegram, with no official confirmation from the company as of August 2025.

MAGA

If true, this acquisition would significantly influence Ethereum’s market dynamics; however, lack of official sources casts doubt on its authenticity.

The claim of Sharplink Gaming acquiring $53.48M worth of ETH remains unverified. No official statements or on-chain evidence corroborate the purchase. This lack of evidence raises questions about the credibility of the report.

Sharplink Gaming Inc., led by CEO Rob Phythian, is involved. However, there are no statements or on-chain activity to confirm any substantial ETH acquisition. This is crucial given the scale of the reported transaction.

The alleged purchase has not affected ETH markets since no transaction activity has been detected. Analysts and crypto communities have not reacted due to the absence of confirmation from credible sources.

Finances and market dynamics remain unchanged as there is no verified fund allocation to ETH by Sharplink. This reinforces the necessity for verified information before market speculation or investment shifts.

The absence of any transaction evidence indicates no immediate financial or technological implications. Historical analysis of similar events stresses the importance of official verification for such high-profile purchases, ensuring market integrity.

Past large-scale purchases, like Tesla’s BTC investment, involved clear documentation and public announcements. The lack of similar transparency here leaves participants cautious about potential impacts and the need for verified data remains paramount.

As of August 2025, there have been no verified official statements or on-chain evidence confirming that Sharplink Gaming purchased $53.48M worth of ETH. Therefore, there are no verifiable quotes to extract. The situation remains unsubstantiated across all primary sources.
Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Sharplink Gaming Allegedly Buys $53.48M Worth of Ethereum

Next Post

Sharplink Gaming’s Alleged $53.48M ETH Acquisition Questioned

Solomon M.

Solomon M.

Related Posts

Sam Altman Discusses AI’s Impact on Employment

by Solomon M.
February 8, 2026

OpenAI CEO Sam Altman on AI's role in future employment, sparking industry discussions.

Impact of CFTC's Decision on Stablecoins

CFTC Expands Stablecoin Issuance to National Trust Banks

by Solomon M.
February 8, 2026

CFTC expands rules allowing national trust banks to issue dollar-pegged stablecoins.

Bitcoin Mining Difficulty Decreases 11% Amid Price Decline

Bitcoin Mining Difficulty Decreases 11% Amid Price Decline

by Solomon M.
February 8, 2026

Bitcoin's mining difficulty drops 11.16%, marking largest negative adjustment since China's 2021 ban.

Vietnam Introduces 0.1% Tax on Crypto Trades

Vietnam Introduces 0.1% Tax on Crypto Trades

by Solomon M.
February 8, 2026

Vietnam's Ministry of Finance proposes a 0.1% tax on cryptocurrency trades, likening digital assets to stocks.

Vietnam Proposes 0.1% Tax on Crypto Trades

Vietnam Proposes 0.1% Tax on Crypto Trades

by Solomon M.
February 8, 2026

Vietnam plans a 0.1% tax on crypto trades, treating digital assets like stocks.

Vietnam Plans 0.1% Tax on Crypto Trades

Vietnam Plans 0.1% Tax on Crypto Trades

by Solomon M.
February 8, 2026

Vietnam considers a 0.1% tax on crypto trades, treating them like stocks.

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Event

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.