Bitmine recently purchased 101,745 ETH worth about $238 million, increasing its total Ethereum holdings to over 5.18 million ETH, or roughly 4.29% of the total supply. The company has pledged more than 4.36 million ETH to staking, generating approximately $297 million in annual revenue through its MAVAN platform. Chairman Thomas Lee highlighted improving regulatory prospects with the CLARITY Act and sees a new "crypto spring" beginning despite weak investor sentiment. Bitmine plans to maintain its staking strategy, betting on Ethereum's growth driven by tokenization and AI trends.
David Schwartz, Ripple's former CTO, expressed regret over selling most of his XRP holdings at $0.10 per coin due to his risk aversion and an agreement with his wife to sell at new all-time highs. Despite this, he remains optimistic about crypto's lo...
Russia's State Duma has passed a law recognizing major cryptocurrencies like Bitcoin, Ethereum, and XRP as legal property, allowing their use in commercial and cross-border transactions. Retail investors face an annual purchase cap of 300,000 rubles ...
Ethereum has surpassed the 10% threshold of total crypto market capitalization, marking its strongest weekly gain among the top cryptocurrencies with nearly a 9% increase. This surge outperformed Bitcoin and other major assets, driven by significant ...
President Donald Trump finalized a US crypto clarity bill aimed at defining regulatory boundaries for digital assets, coinciding with continued strong inflows into Bitcoin and Ethereum spot ETFs, reflecting sustained institutional interest. The bill ...
Ethereum's proposed EIP-8222 upgrade, known as Lean Staking, seeks to enhance privacy for institutional stakers by hiding validator activity using advanced cryptography. This could prevent market participants from tracing staking strategies and posit...
