BitMine Immersion Technologies has made its fourth purchase of Ether since the record liquidity flush on October 10. The company scooped up $250 million in ETH from Bitgo and Kraken on Monday, according to Arkham Intelligence which said “These accounts match Bitmine’s prior acquisition pattern.” “Will Tom Lee ever stop buying?” 3.2 Million ETH Holdings […]
Ether prices have reclaimed the $4,000 level, adding 3.6% on the day to reach $4,060 during the Monday morning trading session in Asia. The asset has gained almost 10% since its crash to $3,700 on Oct. 17, but still has a long way to go, trading down 18% from its all-time high. ETH prices have […]
95% of all Ether held by public companies was purchased in the past quarter alone, reported Bitwise on Wednesday. “Watch this space,” stated the crypto asset manager. Public corporations added 4.4 million ETH in the third quarter, resulting in a 1,937% increase over the previous one. There are only 27 public companies holding the asset, which […]
Even as crypto prices dipped following renewed US-China tariff tensions, investors poured $3.17 billion into digital asset funds last week. The week closed quietly with just $159 million in outflows on Friday. With this, 2025’s year-to-date inflows have climbed to $48.7 billion, already exceeding last year’s record total. Digital asset exchange-traded products (ETPs) saw explosive […]
BitMine Immersion Technologies announced on Monday that its Ether holdings had topped 3 million ETH. It now owns greater than 2.5% of the ETH token supply, “now at the halfway point as it moves toward the ‘Alchemy of 5%’,” it stated. The company’s Ether, crypto, and cash holdings were worth $12.9 billion as of October 13, […]
Solana’s revenue engine has matured at a pace few in the industry could have anticipated, and has now clearly surpassed Ethereum’s early growth trajectory. From meme coin mania, DeFi, AI, and RWAs, Solana has managed to capture several on-chain revenue streams that Ethereum couldn’t monetize early, a new report suggests. Solana’s Early Growth Curve According […]
The Ethereum Foundation (EF) has announced the formation of a new group of 47 researchers, engineers, and cryptographers who will work together to make Ethereum’s Layer 1 infrastructure safer and more private. According to analysts, this change in structure is a show of the institution’s seriousness about adding privacy features directly to the Ethereum ecosystem, […]
ETH could skyrocket as high as $13,000 this cycle if it follows a similar pattern to 2021, according to analysis. The asset is currently trading at a level 92% above its long-term 200-week moving average, which is currently $2,400, according to DeFi Report founder Michael Nadeau on Wednesday. In the last bull market cycle, ETH […]
Grayscale Investments announced an industry first on Monday by enabling staking for two of its Ethereum ETFs, the Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH), making them the first US-listed spot crypto exchange-traded product to offer this feature. The company has also activated staking for its Grayscale Solana Trust (GSOL), […]
Digital asset investment products logged their second straight week of inflows as they collectively pulled in $1.9 billion. The surge followed the US Federal Reserve’s long-anticipated interest rate cut last week. Investors were initially hesitant and treated the move as a “hawkish cut,” but sentiment improved as the week progressed. By Thursday and Friday, inflows […]