Ethereum price nears breakout point as $1,600 resistance comes into focus

Record ETF outflows and extreme fear levels suggest institutional retreat, challenging Bitcoin's price stability and future recovery prospects. The post Bitcoin tests $59K as ETF exodus deepens appeared first on Crypto Briefing.

Tom Lee linked recent crypto weakness to quarter-end window dressing as Bitmine added another $43 million in Ethereum.

Vitalik Buterin says obfuscation could improve blockchain privacy, but current runtimes remain too slow for practical use. Ethereum co-founder Vitalik Buterin has discussed how obfuscation could change the way blockchain systems handle privacy.  He described it as one of the most powerful tools in cryptography. Obfuscation can turn a normal program into an encrypted program […] The post Vitalik Buterin Says Obfuscation Could Revolutionize Blockchain Privacy appeared first on Live Bitcoin News.

BitMine Immersion Technologies continued adding to its Ethereum stockpile, even as its Bitcoin counterpart Strategy stood pat.

Bitmine has increased its Ethereum holdings to more than 5.7 million ETH, bringing the company within reach of its stated goal of controlling 5% of the cryptocurrency’s circulating supply. According to a June 29 company announcement, the Ethereum treasury firm…

BitMine's aggressive Ethereum acquisition strategy highlights the growing institutional interest in crypto, potentially influencing market dynamics. The post BitMine acquires 27,084 Ethereum for $43M as Tom Lee’s firm pushes toward 5% supply target appeared first on Crypto Briefing.

Bitmine's strategic growth and Russell 1000 inclusion may boost institutional interest, potentially influencing Ethereum's market dynamics significantly. The post Bitmine reaches 94% of ETH target as it joins Russell 1000 appeared first on Crypto Briefing.

The company continues with its aggressive ETH accumulation strategy, adding more than 27,000 tokens over the past week.