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Tom Lee said Bitmine will be “done stacking” once it owns 5% of ETH, setting an end date to an accumulation streak that began in mid-2025 and made the company the world's largest Ethereum treasury.
The firm is putting its own capital into stablecoin and tokenized gold vaults as institutional finance moves further onchain.
Banks need their own permissioned ledger, wallet tools and smart-contract capabilities before they can use Swift’s tokenized-deposit network, Taurus’s Lamine Brahimi said.
Your day-ahead look for Oct. 7, 2026
Ether underperformed, losing 6% after Tom Lee said Bitmine would soon stop purchasing additional ETH.
Yearly buyer cohorts and U.S. spot ETF investors offer a map of potential support and resistance as bitcoin retreats below $84,000.
Bitcoin fell below $84,000 as oil climbed on Iranian tanker attacks, while smaller tokens fell harder and liquidations rose to $547 million.
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem dollar-backed tokens.
Robinhood has added bitcoin worth $25 million to its balance sheet, senior vice president and general manager of crypto and international, told the Starting Block Wednesday.
Bitcoin dipped to around $84,200 on Wednesday but stayed inside its recent range, keeping the broader bullish stair-step trajectory intact.
Wallets linked to the U.S. government moved millions in crypto on Tuesday, according to data tracked by Arkham.
The consumer-focused blockchain will close Dec. 15 after Igloo spent tens of millions supporting it, days after Blast said its own network was no longer worth operating.
