Bitmine, a Nasdaq-listed treasury company, increased its Ethereum holdings by 53,501 ETH through August 30, raising its total disclosed treasury to 5.9 million ETH. The company has staked over 5.06 million ETH at an annualized yield of 2.67%, generating significant staking rewards that could produce about 135,000 ETH annually, nearly covering the gap to its 5% ownership target of the total ETH supply. Additionally, on September 1, Bitmine reportedly purchased another 51,000 ETH, potentially bringing its holdings closer to 5.95 million ETH and reducing the shortfall to about 83,000 tokens. This expansion, combined with staking rewards, positions Bitmine to reach its goal without needing to buy all tokens outright. Meanwhile, Bitmine chairman Tom Lee linked future crypto adoption to clearer U.S. regulation, highlighting the potential impact of the CLARITY Act on institutional investment.
The Royal Canadian Legion has launched its 2026 National Poppy Campaign introducing a new contactless donation method using smartphones, supported by BMO and Toucan Giving technology. This innovation allows volunteers to collect donations via debit, ...
Spot Bitcoin ETFs recorded a net inflow of 5,183 BTC for the week, reversing earlier outflows and bringing cumulative net inflows for 2026 to 10,784 BTC. This marks a positive shift after most of the year saw net outflows from these funds. The inflow...
A Solana (SOL) trader closed a long position worth approximately $6.34 million and simultaneously opened a short position valued at about $10 million, covering 98,219.31 SOL tokens. The trader's contract account, identified by the address 0x469e9a7f6...
Speculators have taken the largest bearish position on natural gas since 2020, driven by forecasts of a mild winter and a strong El Niño. This has caused natural gas prices to drop sharply, with futures falling about 15-16% in one week. However, stor...
David Schwartz, Ripple's CTO emeritus, explained that the XRP Ledger's value flow is driven by its low transaction fees and reliable operation. XRP captures some of this value due to its unique role as the only counterparty-free asset on the ledger a...
