Bitmine Nears 5% Ethereum Supply Goal After Latest $41 Million Purchase
The NYSE-listed firm added 15,112 ETH last week, lifting its treasury to more than 6 million tokens valued at $16.4 billion and advancing its long-term ownership target
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Zcash Climbs Sharply After Paradigm Confirms ZEC Holdings
Privacy-focused cryptocurrency ZEC rose as much as 23% in 24 hours following a disclosure by the venture firm’s co-founder, extending a strong monthly advance
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Tom Lee Forecasts Strong Crypto Market Over Next 12 Months, Positions Ethereum as Settlement Layer
BitMine chairman cites cleaner leverage levels, approaching cycle bottom and Ethereum’s potential role in tokenization and AI as key drivers
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CZ Sees YZi Labs Crypto Winter Deals as Top Future Performers
Binance founder Changpeng Zhao expects recent investments by his family office to rank among its strongest, citing entry points near market lows amid a sharp Bitcoin decline
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Tom Lee Targets $6,000 Ethereum if Bitcoin Climbs to $150,000
Fundstrat co-founder links ETH gains to Bitcoin strength, regulatory progress and institutional demand as the token leads major cryptocurrencies higher
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Bitcoin Miner Jiang Zhuoer Shifts to Bullish Stance, Favors Ethereum Over BTC
Chinese mining pool founder reverses earlier bearish view, plans to allocate remaining capital to ETH and sees potential outperformance this cycle
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Reddit Shares Rally Over 11% on Confirmed S and P 500 Addition Effective August 18
Reddit will enter the benchmark index before trading opens August 18, replacing AvalonBay Communities, with index funds expected to purchase 16.7 million shares
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Bitmine Boosts Ethereum Holdings to Nearly 5.8 Million Tokens
The company added 10,399 ETH last week, pushing its stake to 4.8% of supply while continuing share buybacks and staking operations amid a $11.3 billion total portfolio.
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Bitcoin Supply Held at Loss Tops 50% as Cycle Bottom Nears
K33 research indicates over half of circulating Bitcoin is currently held at a loss, a level that in past cycles has often preceded market lows within weeks
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Bitmine Nears 5% Ethereum Supply Target With 5.74 Million ETH Holdings
Bitmine Immersion Technologies added 42,197 ETH last week, pushing its treasury to 5.74 million tokens and reaching 95 percent of its stated accumulation goal amid shifting market dynamics and regulatory expectations
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