The US government moved about 4,820 ETH worth $9.29 million to Coinbase Prime from wallets linked to the FTX and Alameda Research collapse. This transfer is part of a systematic effort to liquidate billions in seized crypto following the 2022 FTX implosion. Along with Ethereum, other tokens like SHIB, POWR, and AERGO were also moved. Coinbase Prime, chosen by the US Marshals Service, holds these assets for custody and potential future sales, but no immediate selling has been reported. This move reflects ongoing efforts to recover funds for creditors after one of crypto's biggest collapses.
Bitcoin surged above $65,000 and Ethereum passed $1,900 after US Producer Price Index data showed inflation cooling more than expected. The weaker inflation readings reduced market expectations for a Federal Reserve interest rate hike in July, boosti...
Cryptocurrency prices are fluctuating with Bitcoin trading above $65,000 and Ethereum near $1,920. Some coins like Zcash (ZEC) and Gnosis (GNO) have seen significant gains of 6.49% and 8.45% respectively, while others like DEXE and AAVE experienced n...
Morgan Stanley's Denny Galindo highlights that Solana (SOL) has historically been a better diversifier in crypto portfolios than Ether (ETH), despite SOL's higher volatility. Bitcoin remains a low-correlation asset with traditional markets, but addin...
Bitmine Immersion Technologies Inc. reported $45.7 million in revenue from Ethereum staking in Q3 2026, marking a major shift from bitcoin mining to digital asset management. The company now holds 5.4 million ether valued at $10.85 billion, making it...
BitMine Immersion Technologies reported $46.5 million in revenue for the quarter ending May 31, 2026, with 98% coming from Ethereum staking. The company has shifted focus from Bitcoin mining to Ethereum staking and now holds about 5.77 million ETH, w...
