Ethereum price near $1,780: Will oversold ETH bounce or break lower?
Ethereum price trades near $1,778 after a 5% drop as RSI turns oversold, $1,825 fails and analysts watch $1,700 and $1,500 as next support levels.
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Bitmine's strategy could amplify financial risk, as its reliance on Ethereum's value and staking yields may impact dividend sustainability. The post Bitmine files for preferred stock offering with 9.5% yield, targeting $300M to buy more ETH appeared first on Crypto Briefing.
Read full articleEthereum price trades near $1,778 after a 5% drop as RSI turns oversold, $1,825 fails and analysts watch $1,700 and $1,500 as next support levels.
Ethereum's transaction surge highlights the network's growing utility and resilience, despite ETH's stagnant price, underscoring crypto's complex dynamics. The post Ethereum processes $9.92B in transactions on June 2, marking two-month high appeared first on Crypto Briefing.
Bitmine Immersion Technologies (NYSE: BMNR) announced plans Wednesday to raise $300 million through a new 9.50% Series A Perpetual Preferred Stock offering, its latest capital markets move to expand the world’s largest corporate ethereum treasury. The Offering The said it company filed a preliminary prospectus supplement with the SEC on June 3, 2026, pricing 3,000,000 […]
Zcash has patched a dangerous vulnerability in its privacy-focused infrastructure that could have enabled double-spending, deploying an emergency network upgrade to prevent exploitation. Related Reading: Ethereum Ready For The ‘Final Dip’? Analysts Call For New Lows As Price Retests $1,900 Zcash Fixes Critical Bug With Emergency Upgrade On Wednesday, the Zcash Foundation revealed that developers had fixed a serious vulnerability in its Orchard shielded pool, which could have allowed invalid state transitions, potentially enabling double-spending within the pool. According to the report, Zcash researcher Taylor Hornby, who is conducting an ongoing protocol audit on behalf of Shielded Labs, discovered a critical soundness vulnerability in the Orchard zero-knowledge proof circuit on May 29 and disclosed the issue to Zcash Open Development Lab (ZODL) core engineers that same day. “A soundness vulnerability is one that could allow the system to accept something it should reject. In this cas
Ethereum prices have tanked to their lowest levels for more than a year as the crypto exodus continues.
Bitmine's $300M stock offering highlights the risks of high-yield obligations amid volatile crypto markets and potential financial strain. The post Bitmine Immersion Technologies plans $300M preferred stock offering to buy more Ethereum appeared first on Crypto Briefing.
The move comes as Ether prices slumped to a 14-month low below $1,750 on Thursday.
Over $7 million in potential losses has now been stopped across two back-to-back operations after Singapore’s Anti-Scam Centre and Cyber Investigation Branch joined forces with some of the world’s biggest crypto exchanges to intercept scams before victims lost their funds. Related Reading: $52M Ethereum Bet Comes As Tom Lee Says ETH Isn’t Reflecting Its Potential […]