Tom Lee’s BitMine Adds $73 Million in Ethereum While Strategy Dumps Bitcoin
BitMine continued its relentless accumulation of Ethereum while Bitcoin's biggest treasury firm parted ways with more of its holdings.
The Daily Hold News·
Citi has slashed its 12-month price targets for the top two crypto assets, Bitcoin and Ethereum. The cuts reflect negative ETF flows and stalled U.S. crypto legislation, reports Reuters. Bitcoin’s target dropped to $82,000 from $112,000. Ether’s forecast was trimmed to $2,240 from $3,175. Bitcoin ETF flows are down about $3.3 billion so far this […] The post Citi Lowers Bitcoin and Ethereum Price Targets Amid Negative ETF Flows appeared first on The Daily Hodl.
Read full articleBitMine continued its relentless accumulation of Ethereum while Bitcoin's biggest treasury firm parted ways with more of its holdings.
ABTC's aggressive Bitcoin accumulation and strategic maneuvers could amplify both growth potential and financial risk amid market volatility. The post American Bitcoin Corp increases Bitcoin holdings by 500 BTC to reach 8,000 BTC appeared first on Crypto Briefing.
Ethereum co-founder Vitalik Buterin laid out an updated "Lean Ethereum" roadmap in a post on X Saturday, describing a three-to-four-year overhaul he called the network's third major protocol iteration since the 2022 Merge. The plan follows a researcher meeting in Berlin and would replace direct…
Bitcoin's easing into consolidation. Selling has cooled, futures longs are piling back in, and options traders aren't as spooked about downside anymore. ETF outflows are drying up too. Hot capital is creeping back though, which could stir up volatility even as profits climb.
Satoshi's initial control highlights Bitcoin's early centralization, contrasting with its current decentralized ethos and security model. The post Bitcoin’s early debug files reveal Satoshi ran two nodes, only 3 at block 49 appeared first on Crypto Briefing.
Will history repeat for bitcoin with another major leg down?
Strategy sold $225M in BTC over two weeks to fund dividends, and BTC closed the week higher, testing whether the market can absorb ongoing sales.