Best Altcoins to Buy After Bitmine’s Fresh $166 Million Ethereum Investment
Quick Facts: 1️⃣ Bitmine just added another 44,036 $ETH ($166M), bringing its total Ethereum holdings to over 3.3M tokens worth $12.7B. 2️⃣ Ethereum is showing strong long-term bullish signals, finding solid support at the 200-day EMA and retesting a key breakout zone around $4K. 3️⃣ As Ethereum stabilizes, now could be the perfect time to […]
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Earlier today, Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) added to its ETH holdings, as on-chain data reveals that the firm purchased another 46,225 tokens, increasing its total ETH holdings to over 2.1 million ETH. BitMine’s Total Ethereum Holdings Surge Past 2.1 Million ETH According to an X post by on-chain analytics account Lookonchain, […]
BitMine’s large buy and a string of public warnings have left markets watching Ethereum closely this week. Big moves were made during the sell-off, and firms and investors are now weighing whether those buys mean confidence or simply a bet on a rebound. Related Reading: 40 Days Of Deadlock: US Shutdown Risks ETF Delay Amid […]
Crypto Exchange Gemini has reportedly secured American stock exchange Nasdaq as a strategic partner with a $50 million investment ahead of its Initial Public Offering (IPO) this week. Related Reading: BitMine’s Ethereum Treasury Hits New Milestone With 2 Million ETH Holdings Nasdaq To Back Gemini With Strategic Investment On Tuesday, Reuters reported that Nasdaq is set […]
Bitmine has increased its bet on Ethereum (ETH) with a $137 million purchase, as the King of Altcoins reclaims the crucial $2,150 level, and some market observers call for the end of the crypto market correction. Related Reading: Ethereum Whales Return to Profitability as Historical Bottom Signal Reappears Bitmine Adds 65,000 ETH Amid End Of Crypto Winter Calls On Monday, the largest Ethereum treasury in the world, Bitmine, announced it continued to ramp up its bet on the King of Altcoins by purchasing roughly $137 million in ETH last week. In its weekly update, the company reported it....
BitMine revealed it has increased its Ethereum (ETH) holdings to 2 million ETH over the past few days, achieving a key milestone for the company’s investment strategy and solidifying its position as the largest ETH Treasury in the world. Related Reading: Metaplanet Expands Bitcoin Treasury Past 20K BTC Worth Over $2.2B 1.7% Of Ethereum’s Supply […]