Ethereum Treasury Buys $238 Million Ether
@Bitmine (BMNR) acquired 101,745 $ETH for $238 million, boosting holdings to over 5.18 million ETH as Chairman Thomas Lee announces a “crypto spring” amid improving market conditions. #Update #Crypto $ETH
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@Bitmine (BMNR) acquired 101,745 $ETH for $238 million, boosting holdings to over 5.18 million ETH as Chairman Thomas Lee announces a “crypto spring” amid improving market conditions. #Update #Crypto $ETH
@TetraTrust launched CADD, Canada’s first CAD-pegged stablecoin approved by Alberta Treasury Board, aiming for institutional use in 24/7 settlements. Supported by major firms like @Shopify and @NationalBank. #Update #Crypto $CADD
@Hut8Corp refinanced its bitcoin-backed credit facility with FalconX, reducing interest from 9% to 7%, freeing up 3,300 bitcoin for business growth. Shares rose 1.5% as $BTC surpassed $80K. #Update #Crypto $HUT
@GameStop proposes a $55.5 billion acquisition of eBay, potentially utilizing its $368 million in bitcoin holdings. The deal could reshape GameStop’s strategy in e-commerce. #Update #Crypto $BTC
@Circle surged 18% and @Coinbase rose 7% as Bitcoin hit $80,294.72 amid progress on the Digital Asset Market Clarity Act, boosting investor sentiment. #Update #Crypto $BTC
@Depository Trust & Clearing Corporation plans to pilot tokenized securities trades in July, with a full launch in October, aiming to enhance market liquidity and efficiency. #Update #Crypto $BTC $ETH
@Payward has acquired Bitnomial for up to $550M, securing a full CFTC-licensed derivatives stack, enabling regulated crypto derivatives in the U.S. #Update #Crypto $BTC $ETH
Three key events this week: U.S. jobs data on May 8 could influence Fed policy; Q1 earnings from @Coinbase, @MARA, and others may reveal Bitcoin treasury trade insights; Fed officials speak on independence. #Update #Crypto $BTC
Veteran trader Peter Brandt forecasts $BTC could reach $250,000 by late 2029 after a bottoming process expected to last until September 2026. #Update #Crypto $BTC
@MicroStrategy pauses bitcoin purchases this week ahead of earnings report, holding 818,334 BTC. Analysts expect a loss of $27.33 per share for Q1. $BTC trading near $80,100. #Update #Crypto $BTC
@MorganStanley’s Amy Oldenburg indicates U.S. banks may eventually hold $BTC on balance sheets, but regulatory hurdles persist; MSBT product saw over $100M in self-directed trades in six days. #Update #Crypto $BTC
@Figure crossed $1B in monthly loan originations, aiming to reshape credit markets with blockchain. Cagney highlights cost reduction, liquidity, and access as key advantages. #Update #Crypto $FIGR
U.S. voters rank cryptocurrencies low in priorities for the midterm elections, with only 1% citing it as a top concern; however, interest in crypto remains significant among some voters. #Update #Crypto
Consensus 2026 in Miami begins Tuesday, featuring key policy sessions on decentralized finance regulation, IRS approaches to digital assets, and the evolving landscape of stablecoin regulations. #Update #Crypto $BTC $ETH