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.
Bitcoin News·
A crypto trader swapped 1,126.44 ETH worth $2.01 million for just 5,776 LIT valued at $14,208 on Sunday, wiping out nearly $2 million in a single onchain transaction. The blunder landed as Lighter’s token entered Coingecko’s top trending list on the back of a 53% weekly rally. Paying 140 Times the Market Price The transaction […]
Read full articleBitMine continued its relentless accumulation of Ethereum while Bitcoin's biggest treasury firm parted ways with more of its holdings.
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…
Tom Lee also weighed in on the potential impact of the CLARITY Act on the crypto market, and ETH in particular.
Bitmine says ETH holdings reached 5.74M tokens, lifting crypto, cash and securities to $11.1B as it nears 5% of ETH supply in 2026.
Nearly every core piece of the protocol will be rebuilt over three to four years, with quantum safety and privacy moved front and center.
Ethereum has climbed about 12% since July 1 as weaker-than-expected U.S. employment data and renewed institutional inflows pushed buyers back into the market, although the asset now faces heavy resistance near the $1,800 level. Ethereum’s rally gathered pace after the…
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.
Key takeaways Bitcoin, Ethereum, and XRP started the week holding onto last week’s strong gains. Ethereum is approaching its 50-day EMA near $1,806, a key hurdle for extending its recovery. Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) began the week on a constructive note after surging over 6%, 13% and 10% in the previous week. […] The post Ethereum begins new week on strong footing as bulls target key breakout levels appeared first on CoinJournal.