Bitmine Immersion Technologies acquired 27,801 ETH last week, bringing its total holdings to over 5.7 million ETH, or 4.8% of Ethereum's circulating supply. The company also holds significant assets in Bitcoin, cash, and investments, totaling $11.3 billion. Chairman Thomas Lee highlighted the rapid growth of Robinhood Chain, which uses ETH for transaction fees, as evidence of Ethereum's increasing real-world use. Bitmine's staking platform MAVAN has about 4.9 million ETH staked, with expected annual rewards up to $284 million, signaling strong institutional interest and potential revenue growth.
Bitcoin recovered above $83,000 after briefly dipping below $81,000, decoupling from a sharp sell-off in Asian chip stocks and weakness in Nasdaq futures. Elevated oil prices due to Middle East tensions raised inflation concerns, increasing the likel...
Ether (ETH) is trading at $2,463.31 as Binance's perpetual market shows a $2.2992 million surplus in buy orders over sell orders, with buy orders totaling $56.6 million against $54.3 million in sell orders. Binance's spot market also favors buy order...
Ethereum's price increased by 1.53% within an hour, reaching $2,457 as of 9:34 p.m. ET on Monday. This rise came after climbing from $2,420 during the hour, based on Binance spot market data. Despite this short-term gain, ETH remains down 3.30% compa...
Ether (ETH) fell 4.27% within four hours to $2,418, continuing a 4.70% decline over 24 hours. The price drop triggered $20.15 million in long position liquidations across major exchanges Binance, Bybit, and OKX. This decline reflects market volatilit...
Bitcoin's price dropped below $82,000 on October 12, 2026, triggering $488.61 million in liquidations, mostly from long positions. This decline reflects several pressures including institutional ETF outflows, rising U.S. Treasury yields, geopolitical...
