Bitmine, led by Tom Lee, purchased 60,000 ETH worth $126 million, increasing its Ethereum holdings to over 5.3 million ETH, about 4.3% of total supply. This follows a recent $154 million ETH buy and aligns with their goal to reach 5% of total ETH supply by 2026. Bitmine has staked over 4.7 million ETH, generating $289 million in annualized staking revenue. Additionally, Bitmine is poised for inclusion in the Russell 1000 index, which could boost its stock due to increased passive fund interest.
Ethereum's Layer 1 network reached a new peak of 1.87 million daily transactions by the end of 2025, surpassing previous records while transaction fees dropped to historic lows around $0.21. This shift followed the March 2024 Dencun upgrade, which in...
Staked Ethereum (ETH) has reached record levels in 2026, locking up a large portion of circulating supply and reducing selling pressure. On-chain data shows investors remain profitable without signs of market overheating, while Binance depositor acti...
Ethereum is facing a sharp decline, hovering just above $2,000 amid a broader crypto market sell-off driven by escalating geopolitical tensions. Key risks include potential US military strikes on Iran and China's naval buildup near Taiwan, which have...
Ethereum (ETH) recently dropped toward the $2,030 area after breaking a short-term rising trendline, testing a critical support zone between $2,000 and $2,070. Buyers must defend this $2,000 level to prevent further declines toward lower supports aro...
Bitcoin's price fell below $75,000, causing over $100 million in long position liquidations amid a broader crypto sell-off. This decline increases the likelihood of Ethereum dropping to $2,000 and reduces Bitcoin's chances of staying above $68,000 to...
