The post Bitmine buys 20,500 ETH, closes in on 5% supply target appeared on BitcoinEthereumNews.com.
Bitmine Immersion Technologies (NYSE American: BMNR) has spent about $35.92 million on another 20,500 ETH. The block trade took place around July 10, 2026, through Galaxy Digital (NASDAQ: GLXY), with Bitmine paying close to $1,752 for each token. The acquisition makes Bitmine’s Ethereum holdings close to 5.7 million Ether, whose current value is just shy of $10 billion. There are currently 120.7 million coins of Ethereum in existence, making Bitmine’s holdings of Bitmine close to 4.7% to 4.8%. The company aims for a 5% ownership stake in Ethereum. Bitmine keeps buying ETH as Tom Lee chases a 5% supply target Tom Lee, Bitmine’s chairman and a co-founder of Fundstrat, wants the company to use Ethereum much as Strategy (NASDAQ: MSTR) used Bitcoin. Strategy built its treasury around BTC. Tom is applying that playbook to ETH, although Ethereum has different supply rules, network economics, a
The post Ethereum is Predicted to Reach $1,972.08 By Jul 15, 2026 appeared on BitcoinEthereumNews.com.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is up 3.05% today against the US Dollar Ethereum is currently trading 8.73% below our prediction on Jul 15, 2026 Ethereum gained 10.58% in the last month and is down -35.11% since 1 year ago Ethereum price $ 1,799.96 Ethereum prediction $ 1,972.08 (11.52%) Sentiment Neutral Fear & Greed index 23 (Extreme Fear) Key support levels $ 1,726.07, $ 1,706.76, $ 1,691.34 Key resistance levels $ 1,760.79, $ 1,776.21, $ 1,795.51 ETH price is expected to rise by 11.52% in the next 5 d
The post A Rollercoaster Ride for Shiba Inu: The Unpredictable Path of Token Burns appeared on BitcoinEthereumNews.com.
The Shiba Inu cryptocurrency network experienced a significant rise in its token burn rate on July 8, marking the highest daily total in over six months. That day, a staggering 113,192,435 SHIB tokens were removed from circulation, captivating traders and enthusiasts alike within the Ethereum-based memecoin sphere. Continue Reading:A Rollercoaster Ride for Shiba Inu: The Unpredictable Path of Token Burns Source: https://en.bitcoinhaber.net/a-rollercoaster-ride-for-shiba-inu-the-unpredictable-path-of-token-burns
The post A $1,000 investment in June’s top quantum computing IPO is now worth appeared on BitcoinEthereumNews.com.
While Elon Musk’s other trillion-dollar company drew the bulk of attention, SpaceX (NASDAQ: SPCX) was not the only exciting technology stock to hit the public markets in June 2026. Specifically, the quantum computing company Quantinuum (NASDAQ: QNT) launched on June 4 with an initial public offering (IPO) price of $60 per share, which turned into $68 already at the morning bell but then dipped to $60.38 by the evening. At press time in the July 10 pre-market, however, QNT equity is worth substantially more: $74 following a 0.67% extended session rally from $73.51 at the latest close. Under the circumstances, $1,000 invested at either the IPO price or close to the June 4 closing bell would have turned into $1,233.30 for $233.30 in profits, simultaneously making it a superior investment to SpaceX stock. QNT stock price chart. Source: Google Still, despite offering a strong
The post SK Hynix Marks Record-Setting U.S. Debut Today appeared on BitcoinEthereumNews.com.
Topline South Korean chipmaker SK Hynix will begin trading on the Nasdaq on Friday, after completing the largest U.S. share sale ever by a foreign company, marking the third-largest debut on record following SpaceX’s record-setting listing last month. South Korea’s SK Hynix raised $26.5 billion in its listing, making it one of the largest trading debuts ever. AFP via Getty Images Key Facts SK Hynix disclosed in a filing Thursday it would issue 177.9 million American depository receipts (ADRs), or certificates representing ownership of shares in a foreign company, priced at $149 each under the ticker “SKHY.” One common share will be represented by 10 ADRs, priced at $1,490—and that’s slightly higher than the company’s Seoul-based listing, which ended Friday at about $1,450. SK Hynix raised $26.51 billion through its ADR offering, the company disclosed, making it the largest U.S. share sale ever
The post Cardano Price Prediction: Hoskinson Calls Ethereum’s EUTXO Move a Crime as ADA Holds the 20-Day EMA appeared on BitcoinEthereumNews.com.
Hoskinson called reports of his retirement “categorically untrue” and a complete fabrication He accused the Ethereum Foundation of copying Cardano’s EUTXO model without acknowledgment ADA is holding above the 20-day EMA at $0.1682 after a bullish RSI divergence formed at the June lows Cardano trades at $0.1667 on July 10, up 0.24% and clinging to support after a week dominated by US-Iran volatility, a retirement rumor, and a public confrontation with the Ethereum Foundation. Is ADA Finding Support At The 20-Day EMA? ADA 1D Price Action (Source: TradingView) The daily chart shows ADA sitting just above the 20-day EMA at $0.1682, a level that has acted as the pivot point throughout this recovery from the June low near $0.14. Price dipped to $0.1656 intraday before recovering, and the RSI divergence tool shows a bullish signal still active at 47
Vitalik Buterin’s Single Slot Finality Plan Shows Ethereum Still Has A Settlement-Speed Problem To Solve is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market back
The post DeXe hits new ATH, targets $40 – THESE 2 indicators back bulls appeared on BitcoinEthereumNews.com.
DeXe [DEXE] extended its rally, defended the $30 level, and surged to a new all-time high of $35.5. At press time, DEXE traded around $34 after rising 17.9% over the past day. Trading Volume jumped 161% to $128 million, while Market Cap climbed 16%, reflecting strong market participation. So, why did DEXE rally? DeXe emerged as one of the best-performing tokens in 2026. In fact, the altcoin has gained 962% year-to-date. The rally came as traders sought exposure to decentralized governance and AI-linked infrastructure. That trend kept demand elevated. Over the past week, DEXE also recorded strong Spot accumulation. Source: Coinalyze Buyers dominated the market for eight consecutive days, according to Coinalyze data. Spot buy-and-sell volume maintained a positive delta throughout the period, with Buy Volume exceeding 1 million. A sustained positive buy-and-sell delta indicated agg
