BitMine acquires $135M in Ethereum, signaling institutional interest in ETH treasury strategies

The shift in investment from Bitcoin to altcoins like Ethereum, Solana, and XRP suggests a diversification trend in crypto portfolios. The post Bitcoin ETFs bleed $64M as Ethereum, Solana, and XRP funds absorb $28M in a single day appeared first on Crypto Briefing.

BitMine’s $136M ETH buy and 9.5% preferred raise spotlight treasury demand as desks track basis, liquidity and funding costs. Could this revive Wall Street?

Ethereum’s Glamsterdam upgrade enters final devnet testing, bringing ePBS, Block-Level Access Lists, and gas changes before public testnets.

Gate added RLUSD trading pairs with XRP, BTC, ETH, and USDT, extending exchange access for Ripple’s dollar-backed stablecoin. Ripple said the XRP/RLUSD market unlocks interoperability and capital efficiency for digital asset markets worldwide. RLUSD Markets Open With XRP, BTC, ETH, and USDT Pairs Gate listed RLUSD on June 15, opening BTC/RLUSD, ETH/RLUSD, XRP/RLUSD, and RLUSD/ […]

Bitmine's massive ETH acquisition raises concerns about network centralization and may inspire similar strategies among public companies. The post Bitmine acquires 20,000 Ethereum for $36M from FalconX in latest treasury expansion appeared first on Crypto Briefing.

Coinbase's crypto-backed loans enhance liquidity options for US investors, but rising rates and market volatility pose significant risks. The post Coinbase offers crypto-backed loans on staked ETH and SOL, hitting $2.3 billion in originations appeared first on Crypto Briefing.

The US-Iran agreement boosts crypto sentiment, highlighting geopolitical stability's impact on risk assets and potential market volatility. The post Bitcoin, Ethereum, XRP sentiment improves after US-Iran agreement appeared first on Crypto Briefing.

Coinbase has launched 1:1-backed tokenized shares of SpaceX, Nvidia, Google, Strategy, and Bitmine, entering the market days after rival exchanges abandoned SpaceX-related token offerings. According to Coinbase, the new product allows users to buy, hold, trade, and redeem tokenized equity…