The Ethereum Foundation sold 10,000 ETH to Bitmine for about $23 million in an over-the-counter deal, following a similar sale the previous week. These sales, totaling nearly $47 million in a few days, aim to fund the foundation's research, development, and community grants. Bitmine, the buyer, is rapidly increasing its Ethereum holdings and staking position, now controlling over 4 million ETH worth $9.5 billion. The rapid sales have sparked criticism from the crypto community about transparency and fund management, though Ethereum's price remained stable, reflecting market absorption of the transactions. The foundation faces ongoing challenges balancing funding needs with community trust and ecosystem stability.
Bitcoin briefly reached $67,000 but fell back below $66,000 amid cautious market reaction to the U.S.-Iran peace agreement. While traditional stocks surged, with the S&P 500 up 1.7% and Nasdaq 100 rising 3.1%, Bitcoin showed only a modest 0.3% gain. ...
On June 15, Bitcoin spot ETFs experienced $64.8 million in outflows, mainly due to Grayscale's GBTC losing $124 million in a single day. However, other Bitcoin funds gained about $59 million, partially offsetting the losses. Meanwhile, altcoin ETFs a...
Ethereum (ETH) price rose 2.5% to near $1,700 after whale wallets accumulated over 1.11 million ETH in a week, marking the strongest buying pace in 2026. An address linked to Arthur Hayes bought 3,000 ETH ($5.42M) following the US-Iran diplomatic agr...
Bitcoin briefly rose above $67,000 but retreated as traders remain cautious about the tentative US-Iran peace deal, which has boosted stocks and oil but not crypto. This is the third ceasefire attempt, and previous rallies quickly reversed, so invest...
Bitcoin, Ethereum, XRP, and Dogecoin surged following optimism around a peace deal with Iran, with Bitcoin reaching $67,248 amid increased trading volume. The global crypto market cap rose to $2.27 trillion, while stocks also hit record highs. Analys...
