Crypto Power Move: Bitmine Ramps Up Ethereum Buys To 4.6M ETH
Bitmine Immersion Technologies has been buying Ether steadily and has pushed its holdings to roughly 4.5 million tokens, a position that makes the firm one of the largest corporate holders on record. Related Reading: Bitcoin Bet Deepens As Metaplanet Raises $255 Million For Future Purchases According to reports, the latest disclosed move included an over-the-counter […]
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Crypto prediction platform Polymarket and derivatives exchange Kalshi were closing in on $20 billion valuations when the US Congress decided it had seen enough. Related Reading: Crypto Power Move: Bitmine Ramps Up Ethereum Buys To 4.6M ETH A Bill Targeting Crypto And A Very Long Acronym Senator Chris Murphy of Connecticut and Rep. Greg Casar […]
Canada’s financial watchdog fined crypto platform Cryptomus $126 million last October after the company allegedly failed to flag suspicious transactions on 1,068 separate occasions in a single month. Related Reading: Crypto Power Move: Bitmine Ramps Up Ethereum Buys To 4.6M ETH A month before that, crypto exchange KuCoin was handed a $14 million penalty for […]
According to the latest on-chain data, BitMine viewed the latest market downturn as an opportunity to further increase its exposure to Ethereum, the second-largest cryptocurrency by market cap. In two separate fresh buys, the Ethereum treasury firm expanded its holdings by over $199 million worth of Ether tokens. BitMine Now Holds 3.08% Of Total Ether […]
Bitcoin and Ethereum corporate treasuries have seen fresh growth this week as both Strategy and BitMine have announced new acquisitions. Strategy & BitMine Have Both Added To Their Treasury Reserves Strategy and BitMine, the largest Bitcoin and Ethereum treasury companies, respectively, have just revealed new purchases. The former’s announcement comes through a routine Monday X […]
Ethereum is trading at critical levels after days of volatility, pushing closer to its all-time high near $4,800. Bulls remain in control, and the market is increasingly focused on whether ETH can break through resistance and confirm a new phase of the uptrend. Adding to the momentum, Bitmine Immersion Technologies, Inc., a blockchain technology company […]