Bitcoin Ethereum Boost: BlackRock’s $465M Move
BlackRock deposited $348M in Bitcoin and $117M in Ethereum into Coinbase Prime for ETF management. #Breaking #Crypto $BTC
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BlackRock deposited $348M in Bitcoin and $117M in Ethereum into Coinbase Prime for ETF management. #Breaking #Crypto $BTC
@BitMine is launching the Made in America Validator Network (MAVAN) for ETH staking in early 2026, despite facing $4B in unrealized losses. #Update #Crypto $ETH
@BlackRock is positioned to launch a yield-bearing ETH product pending SEC approval, with 30% of $ETH staked. The firm explores two tracks for staking integration in ETFs. #Update #Crypto $ETH
Bitcoin Hyper raises $28M in presale, targeting Bitcoin Layer 2 with SVM integration for DeFi and smart contracts. Altcoin season indicators flicker as Bitcoin dominance rises. #Update #Crypto
@BitMine reports $328M net income for FY2025, plans to launch MAVAN Ethereum staking in Q1 2026, and declares its first annual dividend. #Update #Crypto $ETH
@BitMine reports a $3.7 billion paper loss, raising concerns over the viability of Digital Asset Trusts (DATs) amid declining mNAV valuations and competition from BlackRock’s staked ETH ETF. #Update #Crypto
@AztecNetwork launched its mainnet with partial functionality, allowing staking of 107.2 million AZTEC tokens. The ongoing token sale has raised $2.77 million from 2,209 bidders. #Update #Crypto $AZTEC
@BlackRock’s Ethereum staking ETF threatens Digital Asset Trust companies by offering low-cost staking, potentially attracting investors away from complex DAT structures. BitMine faces $3.7B in unrealized losses amid challenging market conditions. #Update #Crypto $ETH
@Coinbase has launched Ether-backed loans for US users, allowing borrowing up to $1 million in USDC against ETH holdings. The product is available in most states except New York. #Update #Crypto $ETH
@FGNexus sold 10,922 $ETH for $33M to fund an 8% share buyback, shifting from plans to expand its Ethereum holdings. The stock buyback was at $3.45/share, below NAV of $3.94. #Update #Crypto $ETH
Kraken files for U.S. IPO post $800M raise; Ethereum Foundation unveils Interoperability Layer for unified chain experience. #Update #Crypto @Kraken
FG Nexus sold 10,922 $ETH in October for its share repurchase program, joining other DAT firms reducing crypto holdings. #Update #Crypto $ETH
@AztecNetwork launched the Ignition Chain, Ethereum’s first fully decentralized Layer 2 protocol, reaching 500 validators to enhance security and privacy in DeFi applications. #Update #Crypto $ETH
Aster launched Machi Mode, a gamified feature on its decentralized exchange rewarding users with points for liquidation events, inspired by trader Machi Big Brother. #Update #Crypto