BitMine recently acquired 7,430 ETH, increasing its total holdings to about 5.78 million ETH, which is nearly 4.8% of Ethereum's total supply. The company has staked 85% of its holdings (4.92 million ETH), signaling strong confidence in Ethereum's proof-of-stake network and long-term growth. This large concentration could influence Ethereum's market liquidity and price, as BitMine's staking commitment suggests a focus on long-term yield rather than short-term trading. Their move reflects growing institutional interest in Ethereum staking, potentially reshaping market dynamics and investor strategies.
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 ...
