Bitmine acquires 40,000 Ethereum for $72M from FalconX and Kraken

The post Charles Hoskinson Celebrates RealFi Launch as a Unique Cardano Innovation appeared on BitcoinEthereumNews.com. Key Insights: Charles Hoskinson calls the RealFi testnet one of Cardano’s biggest milestones. Community members compare Ethereum’s UTxO plans with Cardano’s EUTxO model. Supporters highlight Cardano’s TPS data and look ahead to the Leios upgrade. Cardano news gained fresh attention after founder Charles Hoskinson welcomed the launch of the RealFi testnet and called it one of the biggest releases in the network’s history. The update came as community members also discussed Ethereum’s UTxO plans and Cardano’s transaction speed claims. Charles Hoskinson Welcomes RealFi Testnet Cardano founder Charles Hoskinson has praised the launch of the RealFi testnet, calling it one of the most important releases the network has seen. His comment followed RealFi’s announcement that Phase 1 of its testnet is now live. The project said users can now try some of its main features before

The post Secret Network Proposes SCRT Move From Cosmos to Arbitrum appeared on BitcoinEthereumNews.com. Privacy-focused layer-1 blockchain Secret Network is proposing to move from its longtime home on Cosmos to Ethereum layer-2 Arbitrum, citing security risks from artificial intelligence, among other reasons.  Secret Network has been running privacy-preserving smart contracts on Cosmos since 2020, as the ecosystem had strong momentum back then, but the “environment has changed,” the team said Tuesday.   “The security risk is the part we take most seriously,” it said. “Old code is becoming dramatically easier to analyze … With AI, the cost of attacking stale code is falling across the board.”  The recent Axelar-Secret IBC bridge exploit highlighted growing security risk from aging, under-maintained code — a risk the team argues AI-assisted exploitation is making worse. The release of advanced AI models such as Anthropic’s Claude Mythos 5 has dramatically increased the capabilities for d

XRP Ledger's asset growth may reshape the tokenization landscape, challenging Ethereum's dominance and signaling increased institutional trust. The post XRP Ledger tokenized assets soar to $4B, challenging Ethereum, BNB Chain appeared first on Crypto Briefing.

The post Ethereum Tests $1,800 Zone Where 4.3M ETH Changed Hands appeared on BitcoinEthereumNews.com. Ethereum News Ethereum (ETH) is testing the heavy supply zone around $1,800, a level where roughly 4.3 million ETH previously changed hands. Trading near $1,780 in recent sessions, the second-largest cryptocurrency by market value is attempting to reclaim a band that on-chain cost-basis data marks as a dense accumulation region. The UTXO Realized Price Distribution — an on-chain metric that maps how much supply moved at each price — shows this cluster now acts as stiff overhead resistance. A decisive close above $1,800 would signal buyers absorbing that supply, while a rejection risks a swifter slide. Follow our full Ethereum coverage as the level is contested. Should Ethereum convert the $1,800 barrier into support, the next upside objectives sit at $1,980 and $2,079, based on price-structure levels flagged across the charts. Those targets remain well beneath Ethereum’s all-time high,

The post TRON’s Rise: A Close Look at TRX’s Strong Performance appeared on BitcoinEthereumNews.com. TRON’s TRX token is displaying notable resilience, persisting above critical support levels and fueling optimism among market participants. Observers emphasize that if TRX maintains its current trajectory, it could either stabilize above existing support or potentially break above the $0.35 mark. Continue Reading:TRON’s Rise: A Close Look at TRX’s Strong Performance Source: https://en.bitcoinhaber.net/trons-rise-a-close-look-at-trxs-strong-performance

The post Crypto Market Slips 1.24% as US Strikes on Iran Lift Oil appeared on BitcoinEthereumNews.com. The total cryptocurrency market fell 1.24% on Wednesday after the United States launched military strikes against Iran, lifting oil prices and pushing investors out of risk assets. Bitcoin (BTC), Ethereum (ETH), and most large tokens traded lower over the past 24 hours, though the majors held onto strong gains built over the past week. Oil Price Jumps as US Strikes Hit Iran CENTCOM said its forces struck Iran, revealing they hit more than 80 targets with precision munitions on July 7. The actions followed reports of Iranian attacks on three vessels in the Strait of Hormuz. The latest attacks tested a fragile ceasefire reached between Washington and Tehran last month. The military described the operation in a statement posted to social media. “The unwarranted aggression by Iranian forces is a clear and dangerous violation of the ceasefire and undermines freedom of navigation,” CENTCOM

The post Fed minutes loom as Polymarket lifts ETH $1,700 touch odds to 44.5% appeared on BitcoinEthereumNews.com. Fed Minutes Loom: Polymarket Ethereum July 6–12 Contract Shifts as “↓ 1,700” Becomes the Top Outcome The market is bracing for the Federal Reserve’s June 16–17 meeting minutes due Wednesday at 2 p.m. ET, a release that traders see as pivotal for risk-asset direction after a jobs-driven crypto rebound. On Polymarket, that macro backdrop has coincided with higher odds on the Ethereum ladder contract “What price will Ethereum hit July 6-12?”, with the leading outcome “↓ 1,700” priced at 44.5%. Key Takeaways Polymarket prices the leading outcome “↓ 1,700” at 44.5% (Yes 44.5% / No 55.5%) for Ethereum during July 6-12. Crypto traders are focused on whether the Fed minutes validate a softer labor-market narrative that has underpinned the latest rebound in major tokens. The contract is set to resolve on 2026-07-13 04:00:00+00:00, and the leading-outcome odds are up 6.0 percentage p

The post Can Ethereum keep beating Bitcoin in Q3? Tom Lee’s ETH thesis under pressure appeared on BitcoinEthereumNews.com. Tom Lee’s Ethereum conviction heading into Q3 is starting to look like a well-timed move. For context, BitMine Immersion recently added another 42,197 ETH, taking its holdings to more than 5.74 million ETH. On the other hand, Michael Saylor’s Strategy sold 3,588 BTC, setting up an interesting ETH vs. BTC treasury debate as Q3 gets underway. Notably, this debate isn’t just playing out on social media.  As the chart below shows, the ETH/BTC ratio has opened Q3 with a nearly 5% rally after three straight losing quarters. That suggests ETH is beginning to regain relative strength against BTC, supporting Tom Lee’s decision to keep accumulating Ethereum.  Source: TradingView (ETH/BTC) However, Tom Lee’s conviction isn’t based on hope alone.  In a recent post on X, BitMine said the improving odds of the CLARITY Act are the main reason behind its growing ETH position. Acco