Ethereum Transfers $408M to Exchanges
A whale moved 70,739 $ETH ($174M) to exchanges in two days, implying short-term price pressure; wallet retains 97,115 $ETH ($237M). #Update #Crypto $ETH
A whale moved 70,739 $ETH ($174M) to exchanges in two days, implying short-term price pressure; wallet retains 97,115 $ETH ($237M). #Update #Crypto $ETH
Bitcoin ($BTC) and Ethereum ($ETH) rose 24.95% and 32.53% in August, marking Bitcoin’s best performance since November 2024 amid regulatory shifts and increased Treasury bond buybacks. #Update #Crypto $BTC $ETH
Sberbank plans to accept $ETH and $USDT as loan collateral, anticipating Russian crypto trading to hit 4 trillion rubles in year one under new rules. #Update #Crypto $ETH
Charles Schwab expands its crypto platform to include $SOL, $AVAX, and $LINK, moving beyond $BTC and $ETH. This highlights increasing regulated investor demand for diverse digital assets. #Update #Crypto
@Coinbase’s cutoff for USDC deposits on Noble passed, yet Circle still directs users to Coinbase for transactions. The risk of unrecoverable funds is noted. #Update #Crypto $USDC
Bitcoin ETFs led by Blackrock saw $924.48M inflows, while Ether funds gained $824.42M. Altcoins Solana, XRP, and HYPE drew $321.22M combined, indicating growing institutional interest beyond major cryptocurrencies. #Update #Crypto
@BitmineImmersion Technologies has acquired 53,501 $ETH, extending its buying streak to 65 weeks and now controls 4.9% of Ethereum’s supply, valued at $14.8 billion. #Update #Crypto $ETH
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