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Bitmine has made its largest Ethereum (ETH) buy of the year during the recent market dip, reaffirming the firm’s bullish outlook on the leading altcoin and continued accumulation strategy. Related Reading: Bitcoin At A Crossroads: Two Key Levels Will Define BTC’s Next Major Move, Analyst Says Bitmine Ramps Up Ethereum Purchases On Tuesday, Bitmine Immersion Technologies, the world’s largest Ethereum treasury, announced its largest purchase since December 2025, having acquired roughly $238 million in ETH over the past week. In its latest update, the company shared it purchased 111,942 ETH during the recent market pullback, which sent the King of Altcoins below $2,200. Bitmine’s Chairman, Tom Lee, affirmed that last week’s correction represented “an attractive opportunity” to increase the company’s holdings. “We continue to expect a supercycle ahead for crypto and Ethereum, driven by the dual drivers of Wall Street tokenization and agentic-AI. And thus, we continue to steadily acquire ET
Read full articleEthereum price has remained under pressure near the $2,100 zone after failing to reclaim a key long-term resistance level, while analysts warned that the asset still risks another major leg lower unless bulls recover momentum above $2,500. According to data…
The burned Bitcoin would have been worth nearly $13.4 million when the OG crypto was at its $126,000 peak in October last year.
SpaceX & MicroStrategy Bitcoin: Why Whales Keep Buying The post Musk’s Secret Crypto Stash? Why SpaceX and MicroStrategy Keep Loading Up on Bitcoin appeared first on 99Bitcoins.
Sharplink and Forward Industries are set to enter the Russell 2000 and Russell 3000 indexes on June 29. The additions could raise institutional visibility for two public companies built around large ethereum and solana treasury strategies. Crypto Treasury Firms Go Mainstream With Russell Index Inclusion Sharplink Gaming is set to join the Russell 2000 and […]
Bitcoin Mining Is Dying: TeraWulf Ditches Miners for AI The post Bitcoin News Today: Is Mining Dying as TeraWulf Abandons Miners appeared first on 99Bitcoins.
The founder of Capriole Investments has highlighted how institutions have reversed course on Bitcoin recently, taking to selling once more. Bitcoin Has Seen Institutional Demand Turn Red Recently In a new post on X, Capriole Investments founder Charles Edwards has discussed the latest trend in the institutional demand for Bitcoin. The indicator cited by Edwards […]
The significant outflows from Bitcoin and Ethereum ETFs highlight shifting investor sentiment and potential volatility in the crypto market. The post Bitcoin spot ETFs shed $334M in single day as Ethereum ETFs bleed $35M appeared first on Crypto Briefing.
A dormant Bitcoin whale has burned more than $8 million worth of BTC after moving funds that had reportedly remained inactive for over a decade. According to Lookonchain, five wallets transferred a combined 107 Bitcoin worth roughly $8.3 million to…
