Ethereum Gains $820M as BitMine Invests
@BitMine Immersion Technologies, led by Thomas “Tom” Lee, has acquired $820 million in $ETH, boosting its treasury to 2.83 million tokens worth over $13.4 billion amid ETH’s price rebound. #Update #Crypto $ETH
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@BitMine Immersion Technologies, led by Thomas “Tom” Lee, has acquired $820 million in $ETH, boosting its treasury to 2.83 million tokens worth over $13.4 billion amid ETH’s price rebound. #Update #Crypto $ETH
Grayscale Investments launches staking for its Ethereum and Solana products, making ETHE and ETH the first U.S.-listed spot crypto exchange-traded products with staking access. #Update #Crypto $ETH
Ethereum’s recent underperformance against Bitcoin has raised concerns, with $6 billion from South Korean retail investors allegedly supporting Ethereum treasury companies. ETH is down 1.9% in 24 hours and 5% against BTC over the past month. #Update #Crypto $ETH
Korean retail investors are driving Ether’s price momentum, with $6 billion in capital influencing its value just 7% below its all-time high. Ether’s “Kimchi premium” indicates rising demand among these traders. #Update #Crypto $ETH
Ethereum surges to $4,621 with market cap at $548 billion and 24-hour trading volume of $38.59 billion. Intraday range spans $4,447-$4,610. #Update #Crypto $ETH
DoubleZero Foundation confirmed no token sales amid community concerns following its mainnet beta launch. The SEC confirmed its tokens are not securities, aiding compliance efforts. #Update #Crypto
FG Nexus partners with Securitize to tokenize shares on the Ethereum blockchain, enabling legal onchain trading with instant settlement and automated compliance. #Update #Crypto $ETH
Ethereum holds steady at $4,500 with a market cap of $543 billion and 24-hour trading volume of $36.86 billion; intraday range suggests potential volatility. #Update #Crypto $ETH
Walmart-backed OnePay partners with Zerohash to enable Bitcoin and Ether trading, expanding into an everything app model. #Update #Crypto $BTC
@Walmart will support $BTC and $ETH trading through its OnePay app in 2025, enhancing crypto accessibility for millions of consumers. #Update #Crypto $BTC $ETH
Lighter, a decentralized exchange, launches its Ethereum Layer 2 mainnet after eight months of beta testing with ZK-based trading. #Update #Crypto $ETH
Ethereum’s upcoming Fusaka upgrade aims to enhance efficiency and reduce costs by implementing Peer Data Availability Sampling, potentially increasing rollup capacity and attracting institutional adoption. #Update #Crypto $ETH
@VanEck has registered a trust for the proposed VanEck Lido Staked Ethereum ETF in Delaware, potentially the first staked ETH ETF in the U.S., enhancing institutional access to staked $ETH. #Update #Crypto $ETH
The Ethereum Foundation will convert 1,000 $ETH to stablecoins using CoWSwap’s TWAP feature to minimize market impact, showcasing DeFi’s power. #Update #DeFi $ETH