Ethereum Sees $131M Purchase by Bitmine
Bitmine Immersion Technologies purchased 53,501 $ETH for $131M, nearing its goal of controlling 5% of Ethereum’s supply. Holdings now total 5,901,112 ETH. #Breaking #Crypto $ETH
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Bitmine Immersion Technologies purchased 53,501 $ETH for $131M, nearing its goal of controlling 5% of Ethereum’s supply. Holdings now total 5,901,112 ETH. #Breaking #Crypto $ETH
@BitMine has acquired 53,501 $ETH, raising total holdings to 5.90M tokens valued at approximately $14.8B, representing 4.9% of total supply #Update #Crypto $ETH
@Bitmine holds 5.90M $ETH, nearing 5% of Ethereum’s supply; ETH surged 33% in August, boosting BMNR shares by 38%. #Update #Crypto $ETH
@Bitmine has made its largest ether purchase since June, signaling potential institutional interest as Chairman Tom Lee highlights crypto’s strong Q3 performance. #Update #Crypto $ETH
Robinhood Chain’s 24-hour app revenue hit $2.66M, surpassing Ethereum mainnet and Hyperliquid temporarily, highlighting its distribution advantage but not displacing Ethereum’s dominance. #Update #Crypto
Robinhood Chain surpasses Ethereum and Base in daily fees, reaching $495K, driven by Pons’ revenue surge and increased on-chain activity. #Update #Crypto
@RobinhoodChain processed a record 5.52 million transactions on Aug. 30, generating $2.66 million in revenue, surpassing Ethereum as memecoin trading tools drove activity. #Update #Crypto $DOGE
The Bank of Russia has proposed including $ETH and $USDT in a draft list of cryptocurrencies for public trading on Russian exchanges, with @Sberbank planning to use them as collateral for crypto-backed loans. #Update #Crypto $ETH $USDT
Robinhood Chain apps generated $2.66M in 24-hour revenue, surpassing Ethereum and Hyperliquid on August 31, driven by Gmgn, Pons, and Uniswap. #Update #Crypto
@Robinhood Chain generated $2.66M in app revenue on August 31, surpassing Ethereum and Hyperliquid, driven by GMGN, Pons, and Uniswap. However, its 30-day revenue remains lower than competitors. #Update #Crypto $ETH
U.S. spot Bitcoin ETFs saw $201.9M outflows on Aug. 28, ending a nine-day inflow streak; Ethereum ETFs continued with $102.1M inflows. #Update #Crypto $BTC
Sberbank plans to accept $BTC, $ETH, and $USDT as loan collateral, pending Russia’s new crypto regulations. #Update #Crypto $BTC
Nvidia’s 9% surge offsets U.S. equities’ flat week. Tether mints 3B USDT, hinting at bullish sentiment. Coinbase launches crypto-backed mortgages. #Update #Crypto $USDT
Ex-Ethereum Foundation contributor Trent Van Epps warns of a funding crunch for core developers within 3-9 months amid spending cuts. $ETH #Update #Crypto