The post Ethereum Outperforms Bitcoin as Bitmine Buys 40,000 ETH appeared on BitcoinEthereumNews.com.
Ethereum strengthened against Bitcoin as Bitmine added another 40,000 ETH to its holdings. Michaël van de Poppe said ETH is a better place to park capital than BTC going forward. ETH holds key support near $1,700 as analysts target a move toward the $2,000–$2,200 range. Ethereum (ETH) has continued to outperform Bitcoin (BTC) as institutional accumulation accelerated, with Bitmine Immersion Technologies, Inc. (NYSE: BMNR) purchasing another 40,000 ETH. Supporting the bullish outlook, crypto analyst Michaël van de Poppe said ETH is a better place to park money than BTC going forward. Ethereum Outperforms BTC as Bitmine Buys Another 40,000 ETH As of early July 2026, ETH is showing relative strength compared to BTC, with both on-chain indicators and price action signaling resilience amid BTC’s market-wide downturn. Adding to the bullish narrative, Tom Lee’s Bitmine acquired another 40
The post Bitmine Buys 42,197 ETH, Now Holds 4.8% of Ethereum Supply appeared on BitcoinEthereumNews.com.
Key Insights: Bitmine added 42,197 ETH in a week, lifting holdings to 5.74M ETH. Its ETH holdings now represent about 4.8% of Ethereum’s circulating supply. Ethereum is currently trading at $1,757, keeping Bitmine exposed to price swings. Bitmine Immersion Technologies has expanded its Ethereum treasury after acquiring 42,197 ETH over the past week. The latest purchase lifted the company’s total Ethereum holdings to 5,742,237 ETH, equal to 4.8% of Ethereum’s circulating supply of 120.7 million ETH. The update places Bitmine at the center of fresh Ethereum news as its long-term crypto accumulation strategy continues through 2026. Bitmine Expands Ethereum Holdings Bitmine said its total crypto, cash, marketable securities, and “moonshots” holdings reached $11.1 billion as of July 5, 2026, at 6:30 p.m. ET. The company’s crypto reserves included 5,742,237 ETH, valued at $1,800 per ETH,
The post Bitcoin Mining Pools in 2026: Smaller Miners Squeezed appeared on BitcoinEthereumNews.com.
The Bitcoin mining industry in 2026 looks very different from what it did just a few years ago. Post-halving pressure, rising network difficulty, and margin compression have reshaped the competitive landscape — and nowhere is that more visible than in the mining pool market. According to data from miningpoolstats.stream (as of June 23, 2026), just four pools now account for over 70% of Bitcoin’s total hashrate. That level of concentration raises legitimate questions about network decentralization — but it also has a more immediate, practical consequence: the big pools are increasingly optimizing for institutional clients, leaving independent and mid-size miners underserved. The Top Players: Who Controls the Hashrate Here’s where things stand today: Pool Network Share Hashrate (EH/s) Payout Model Target Audience Foundry Digital ~31% 2.62 FPPS Institutional / Corporate AntPool ~18% FPPS 4%
The post LAB token weekend gains evaporate after extreme price swings trigger 82% correction appeared on BitcoinEthereumNews.com.
The multi-chain trading terminal and infrastructure token LAB saw an 82% correction over the past 24 hours. On Monday, July 6, the token was trading above $15 and reached a local high of $17.68. Measured from Saturday, July 4, the move beyond $17 represented a 205% gain in just over two days. This pump did not last. In the 48 hours since Monday’s high, just over 85% in value has been erased from LAB. The immense selling pressure stemmed from aggressive profit-taking as the first token unlock, set for July 14, drew closer. Source: Bubblemaps on X Visual analytics platform Bubblemaps noted in a post on X that early LAB investors were still up by $500 million, at least on paper. Yet, the looming first unlock could incite further selling. Source: X Onchain investigator Zetoshi observed an influx of LAB tokens onto centralized exchanges. The X post also mentioned
The post Saylor’s Bitcoin Yield Update Keeps MicroStrategy’s Treasury Play Under The Microscope appeared on BitcoinEthereumNews.com.
Saylor’s Bitcoin Yield Update Keeps MicroStrategy’s Treasury Play Under The Microscope
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The post Zcash Co-Founder Questions Bitcoin’s 21M Cap, Seeks 4% Growth appeared on BitcoinEthereumNews.com.
Zcash co-founder Eli Ben-Sasson questions Bitcoin’s 21M supply cap, proposing 4% annual growth to offset lost coins. Zcash co-founder Eli Ben-Sasson has questioned Bitcoin’s fixed 21 million supply cap in comments shared on X. His remarks have reopened debate over Bitcoin scarcity and long-term market liquidity. Ben-Sasson said private keys will keep being lost as time passes. As a result, some Bitcoin may remain locked forever and leave usable circulation. He said he still supports a monetary system with an absolute cap. However, he suggested a fixed maximum growth rate as another possible approach. His example was a 4% annual issuance rate to match human growth and support liquidity. The view contrasts with Michael Saylor’s demand-based Bitcoin thesis. Ben-Sasson Raises Concern Over Lost Bitcoin Keys Ben-Sasson said Bitcoin’s fixed cap deserves review because lost keys reduce a
The post Fidelity: Bitcoin at ‘Very Bottom’ With Gold appeared on BitcoinEthereumNews.com.
Fidelity Investments’ Director of Global Macro, Jurrien Timmer, recently shared an updated rendition of the firm’s famous “Periodic Table of Investment Returns.” The performance leaderboard shows that the high-flying gains seen in certain global equities stood in sharp contrast to a painful cooling-off period for traditional safe havens and alternative assets. The periodic table below shows the leaderboard through June. EM, small caps, Japan at the top and Bitcoin, gold, and bonds at the bottom. pic.twitter.com/Wb4lA9cOcd — Jurrien Timmer (@TimmerFidelity) July 8, 2026 Winners and losers Emerging markets, small-cap equities, and Japanese markets successfully claimed the top spots on the leaderboard; Bitcoin, gold, and long-term bonds languished at the very bottom of the performance matrix. A closer, detailed inspection of the periodic table’s historical architecture demonstrates how radically t
MicroStrategy has spent years turning Bitcoin treasury management into a public-company identity. Michael Saylor’s latest Bitcoin Yield update keeps that strategy in focus, especially as investors continue to ask how muc