BitMine Immersion Technologies purchased 27,180 ETH for about $68 million, bringing its Ethereum reserves to 5.96 million ETH, close to 5% of the total supply. The company has consistently bought Ethereum weekly since June 2025 and stakes 85% of its holdings, generating significant annual revenue. BitMine's strategy positions it as a major Ethereum validator and investor, with potential market catalysts like the Clarity Act vote and Korean investor interest expected to support crypto by late 2026. However, price volatility remains a key risk for the company's large Ethereum holdings.
Ethereum trades at Rp44,089,610 on Pluang as of Sep 15, 2026 13:21 WIB, showing a slight 0.88% decline in the past day. Despite BitMine Immersion Technologies' large accumulation nearing 6 million ETH, Pluang's order activity leans more towards buying at 60%, with typical holders keeping their positions for about 106 days. The market cap stands at Rp5.368,11 trillion, reflecting Ethereum's significant presence in the crypto market as BitMine strengthens its stake.
Bitcoin has been trading in a narrow range around $82,000 to $83,000, disappointing many investors expecting a strong October rally known as "Uptober." This contrasts sharply with October 2025, when Bitcoin hit an all-time high above $126,000 before ...
Starknet's STRK token experienced a remarkable 322% increase over four weeks, significantly outperforming Bitcoin and Ether during the same period. Starknet is a zero-knowledge Layer 2 network built on Ethereum, designed to enhance scalability. This ...
South Korea's crypto market showed renewed risk appetite with 66% of major tokens rising and 24-hour turnover hitting 1.7 trillion won on Upbit and Bithumb. Bitcoin traded slightly higher at 113.35 million won, while Ethereum also gained. Notable tok...
Ethereum hovered around $2,500 on October 11 after a volatile week marked by a broad crypto selloff impacting major assets like Bitcoin and Solana. Analysts highlight the $2,550–$2,600 range as a critical resistance level for Ethereum, with a potenti...
U.S. spot Bitcoin ETFs experienced significant outflows in early October, losing a net $386.3 million after a $484.9 million exit on Wednesday, their worst day since June. Ethereum ETFs have faced an even longer outflow streak of nine days, shedding ...
