Bitmine Immersion Technologies increased its Ethereum holdings to 5.78 million tokens, representing 4.8% of the total ETH supply, and now holds $11.5 billion in combined crypto, cash, and equity assets. The company repurchased 5.5 million shares at an average price of $15.62 as part of its $4 billion buyback program, aiming to enhance shareholder value. Bitmine has staked 85% of its ETH through its MAVAN network, generating an annualized yield of 2.67%, with projected staking revenue reaching up to $290 million. Despite growing its treasury, Bitmine's market cap remains below its asset value, reflecting ether's price volatility and ongoing market conditions.
Ethereum remains supported above $1,825 after breaking resistance, with bullish targets near $2,500. U.S. spot Ethereum ETFs saw $105.44 million net inflows last week, pushing total assets close to $10 billion. Analysts highlight $1,850 as a key supp...
Bitcoin reached a two-week high near $65,500, gaining 1% daily and 5% weekly, supported by $600 million inflows into US spot Bitcoin ETFs over five days. Ethereum and other major cryptos also advanced, while Bitcoin derivatives trading surged. Optimi...
Bitcoin rose to about $65,500, its highest in two weeks, driven by a rebound in Asian semiconductor stocks and a broad risk rally. This recovery was supported by over $600 million in inflows into U.S. spot bitcoin ETFs over five days, marking strong ...
David Schwartz, Ripple's former CTO, expressed regret over selling his XRP at $0.10 and Ethereum at around $1, citing his strong dislike of risk as the main reason. He had agreed with his wife to sell at every new all-time high, prioritizing peace of...
Grayscale has filed with the U.S. SEC to launch a spot Worldcoin ETF under the ticker GWLD, aiming to offer regulated exposure to the Worldcoin token for institutional and traditional investors. The ETF would trade on Nasdaq once the WLD token meets ...
