Bitmine, the world’s largest Ethereum treasury, has ramped up its ETH buying during the latest crypto market correction, making the company’s largest purchase of 2026 to date. Related Reading: Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There’s No Need To Panic Bitmine Doubles Down On Ethereum On Monday, Bitmine Immersion Technologies announced it had bought over 126,971 ETH, worth roughly $214 million, during last week’s dip, marking the treasury’s largest purchase so far this year. Now, Bitmine’s crypto and cash holdings sit at $9.6 billion at current prices, comprised of 5,543,872 ETH at $1,630 per ETH, 204 Bitcoin (BTC), a $180 million stake in Beast Industries, an $88 million stake in Eightco Holdings as part of its “Moonshots” initiative, and total cash worth $247 million. In a statement, Bitmine’s Chairman, Tom Lee, explained that the firm saw the recent price dip, which sent Ethereum to a one-year low of $1,505 on Sunday, as a buying opportunity, arguing that Ethereu
Ethereum is struggling below $1,700 as the market faces a combination of apathy and uncertainty that has made sustained directional movement difficult to produce in either direction. The price is grinding — not breaking down aggressively but equally failing to generate the momentum needed to reclaim higher levels — and data from Arkham Intelligence has identified a cluster of large institutional withdrawals that adds a structural layer to the current setup worth examining carefully. Related Reading: XRP Leverage Flush Hits Bybit While Binance Holds The Line – Analyst Explains Rare Setup Three whale addresses — two of them freshly created wallets with no prior transaction history — have withdrawn a combined $122.29 million in Ethereum from FalconX and Kraken. The scale of the withdrawal is significant. The venue combination is notable. FalconX is a regulated institutional prime brokerage serving some of the most sophisticated participants in digital asset markets, while Kraken is one of
Ethereum (ETH) is attempting to consolidate at price levels not seen since April of last year, following a 31% decline over the monthly time frame. Trading around $1,606, ETH sits nearly 70% below its all-time high of $4,945 — and according to one indicator, the drawdown may not be over. Another 56% Drop Ahead? Market […]
Curve Finance has launched Llamalend v2 on Optimism with support for isolated lending markets and non-crvUSD borrowing pairs, opening the first phase of a lending system upgrade ahead of a planned Ethereum mainnet rollout later this year. According to Curve…
The CPI's rise, while significant, likely won't alter the Fed's rate stance, supporting stability in risk assets like Bitcoin and Ethereum.
The post CPI rises at fastest rate in three years, meets market expectations appeared first on Crypto Briefing.
Institutional adoption of Ethereum ETFs suggests growing centralization risks and potential governance challenges for the cryptocurrency market.
The post Ethereum spot ETFs see $101M inflows led by BlackRock’s $37M appeared first on Crypto Briefing.
Ethereum's potential shift to zero-knowledge proofs could enhance scalability, privacy, and interoperability, reshaping blockchain's future landscape.
The post Ethereum could transition to zero-knowledge proof protocol in 3 to 5 years, says Joe Lubin appeared first on Crypto Briefing.
