Ethereum Surges as Bitmine Adds $32M
Bitmine acquired 12,532 $ETH, totaling 6,028,946 ETH or 4.9% of Ethereum’s supply; Chairman Tom Lee predicts a major bull market. #Breaking #Crypto $ETH
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Bitmine acquired 12,532 $ETH, totaling 6,028,946 ETH or 4.9% of Ethereum’s supply; Chairman Tom Lee predicts a major bull market. #Breaking #Crypto $ETH
U.S. inflation data is due this week, with expectations for unchanged interest rates; Ethereum developers discuss upgrades, while Singapore’s stablecoin consultation concludes. #Update #Crypto $ETH
U.S. spot Bitcoin ETFs saw a net outflow of $386.3M in October, with Ethereum ETFs losing $635M and Solana ETFs down $24.8M. #Update #Crypto $BTC
Starknet considers becoming an independent layer-1 blockchain by 2027 for quantum resistance, with $STRK up 20% to $0.073. Crypto $STRK
Bitcoin and ether ETFs lost nearly $965M in two days as institutional selling surged, led by @Fidelity and @BlackRock. XRP and NEAR resisted broader declines. #Update #Crypto $BTC
A Hyperliquid whale had 28,716 $ETH liquidated and added 10M $USDC margin to buy 9,580 $ETH; longs face liquidation near $2,286. #Update #Crypto $ETH
Bitcoin rebounds to $82K after selloff, with nearly $1B in crypto longs liquidated; Ethereum leads losses. ETF outflows continue, flipping October net red. #Update #Crypto $BTC
Wang Chun swapped 235.5 WBTC for 7,848.5 ETH amid market turbulence, reflecting a strategic shift as $ETH/BTC ratio nears 0.0302. #Update #Crypto $ETH
MEXC and Payward discuss crypto-TradFi convergence at TOKEN2049, emphasizing seamless 24/7 trading and collaboration over competition. #Update #Crypto
Bitcoin ETFs lost $244 million on Thursday, while ZEC funds continued October outflows; however, XRP ETFs showed gains. Bitcoin is nearing $82,000 after a $1 billion liquidation. #Update #Crypto $BTC
Hyperliquid surpasses $1 billion in protocol revenue, leveraging HIP-3 for market creation and transparency, rivaling major exchanges like Coinbase. #Update #Crypto
Ether saw $356 million in liquidations, six times the rate of Bitcoin’s $298 million, amid a total market flush of $1.19 billion; Ether fell 3% to $2,490. #Update #Crypto $ETH
OSL Group has tokenized the USDGO Plus SP fund on-chain, offering custody and distribution via its licensed Hong Kong platform for eligible professional investors. #Update #Crypto
Ethereum’s Sepolia testnet activated the Glamsterdam upgrade on October 6, increasing block gas limits to nearly 200 million, over three times the mainnet’s capacity. No mainnet changes announced. #Update #Blockchain $ETH