Tom Lee's Bitmine Buys $14M in Ethereum as Cash Falls to $104M
Bitmine has reported 4.8% of the supply for five straight weeks, leaving its 'Alchemy of 5%' target roughly 230,000 tokens away.
Latest news
Older stories
Crypto lost $110 million to hacks in July amid rising bug bounty activity: Immunefi
Crypto lost roughly $110 million to hacks in July as Immunefi said its audit competitions outperformed tier-1 audits.
Bitmine adds 7,391 ether in a week, bringing total Ethereum holdings to 5.81 million ETH
Bitmine bought 7,391 ether last week, lifting its total Ethereum treasury to 5.81 million ETH, worth roughly $11 billion.
Bitmine’s ETH buying slows as Tom Lee's firm shifts capital to share buybacks
Chairman Tom Lee said easing financial conditions could support crypto, even as the CLARITY Act failed to reach a Senate vote before the August recess.
Top Bitcoin (BTC) Price Predictions as Many Analysts Believe the Bottom Is In
"In 12 months, nobody will care whether they bought BTC 10% cheaper. They will regret not buying more," a popular X user stated.
Traders holding $39.5 million in BitMEX Bitcoin perps have 16 days to exit before forced closures begin
New positions stop Aug. 26, while contracts left open face a wind-down that ends in forced closure Sept. 23.
Solana price breaks 5-week downtrend, is $83 next?
Solana price rallied nearly 7% from its Aug. 7 low, breaking a five-week descending channel as proposed supply changes and institutional adoption renewed demand for SOL. Solana price breaks its five-week downtrend According to data from crypto.news, Solana (SOL) price…
Solana gets its first Strategy STRC product through Solstice Finance
The Solana vault splits income from Strategy’s preferred stock into a lower-risk senior token and a higher-risk junior token.
6 New Upbit Listings Fuel 30% Moves for Select Altcoins
Six new Upbit listings fuel selective upside as CYS jumps 32% and AIOZ gains 13%, while XAN falls 38% before launch.
Bitdeer increased Bitcoin mining output by nearly fivefold in Q2
Bitdeer mined 2,694 BTC in Q2, but ended the quarter holding just 150 BTC after liquidating its treasury earlier this year.
‘Owning the rails’: Standard Chartered sees LINK at $200 by 2030 as Chainlink underpins tokenized-asset boom
Standard Chartered bets Chainlink owns the rails for tokenized finance, initiating LINK coverage with a $200 target by end-2030.
Bitmine Tops 5.8 Million ETH Even After Scaling Back Its Latest Buy
The latest ETH purchase was significantly smaller than many of the previous ones.