Bitmine's stock fell 42% this year even as the company aggressively accumulated Ethereum, now holding about 4.8% of the total ETH supply. Investors worry Bitmine acts more like a leveraged Ethereum proxy than a diversified business, exposing it to high volatility tied to ETH price swings. The company aims to reach a 5% ETH stake and plans to launch its own staking network, MAVAN, in 2026 to generate yield. Market views are mixed, with some analysts seeing potential upside if staking yields materialize, while others warn of risks from ETH price drops and regulatory uncertainty.
Ethereum has formed a double-bottom pattern with strong support near $1,510 and recently broke above the $1,842 neckline, targeting $2,163. However, analyst Aksel Kibar warns that the breakout may be local and advises waiting for a confirmed move abo...
Credo Technology is gaining analyst upgrades to a $325-$350 valuation range, reflecting confidence in its transition to a broader AI connectivity platform despite a recent 30% share price drop. The slower adoption of co-packaged optics (CPO), expecte...
Semiconductor stocks have officially entered a bear market after the PHLX Semiconductor Index fell more than 20% from its June 2026 peak, wiping out $3.3 trillion in market value. The decline follows growing doubts about the speed and scale of AI-rel...
AZ-COM Maruwa Holdings, a Japanese logistics company, plans to use the yen-backed JPYC stablecoin for payments to about 2,300 partner carriers and independent drivers. The company will invest ¥1 billion in JPYC and form a business partnership with th...
AZ-COM Maruwa Holdings, a Japanese logistics company, plans to use the yen-backed JPYC stablecoin to pay about 2,300 partner carriers and independent drivers. The company will invest ¥1 billion in JPYC and form a business partnership with the stablec...
