Bitmine Immersion Technologies acquired 71,672 ETH in a recent purchase, increasing its total Ethereum reserves to 5.278 million ETH, valued at about $11.05 billion. Chairman Tom Lee sees current ETH prices below $2,200 as a strong buying opportunity, aiming to control 5% of Ethereum's circulating supply by 2026. Meanwhile, a long-dormant Ethereum whale resumed buying after selling all holdings a year ago. Ethereum is currently testing key support at $2,108, with technical indicators showing oversold conditions, suggesting potential price volatility ahead.
Institutional investors sold $1.07 billion in Bitcoin and other crypto assets in one week, marking the first outflow after seven weeks of inflows and the third-largest weekly outflow this year. Bitcoin led the sell-off with $982 million withdrawn, wh...
Bitcoin fell below $77,000 after four days of losses, pressured by Iran's new "Hormuz Safe" system requiring $2 million in Bitcoin for Strait of Hormuz passage and over $1 billion withdrawn from crypto funds last week. Rising oil prices and inflation...
Bitcoin fell modestly by 0.30% to $76,555.78 while Ethereum rose 0.29% to $2,121.10, reflecting a cautious yet active crypto market. Stablecoin trading volume surged 57.26% to $97.38 billion, and derivatives volume jumped 31.60% to $847.44 billion, i...
KITE led Upbit's crypto greed index with a score of 76 despite a 5.04% price drop to 339 won, signaling a cooling phase rather than a trend reversal. The token saw heavy trading volume (~15.06 billion won), indicating active repositioning amid sustai...
The CLARITY Act could position Ethereum as a leading decentralized blockchain under new regulatory standards, boosting its appeal for institutional adoption. Ethereum meets key decentralization criteria unlike many competitors, potentially making it ...
