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Crypto Investment

All articles tagged with #crypto investment

BitMine's ETH Holdings Near 4 Million Amidst Rising Crypto Valuations
business2 months ago

BitMine's ETH Holdings Near 4 Million Amidst Rising Crypto Valuations

BitMine Immersion Technologies has announced it now holds over 3.97 million ETH, representing more than 3.2% of the total ETH supply, and has total holdings of $13.3 billion including crypto and cash. The company is the largest ETH treasury globally, supported by major institutional investors, and aims to acquire 5% of ETH. It is also highly traded in the US stock market, with plans for a shareholders meeting in Las Vegas in January 2026.

BitMine Immersion's ETH Holdings Hit 3.73M, Total Crypto and Cash Reach $12.1B
business2 months ago

BitMine Immersion's ETH Holdings Hit 3.73M, Total Crypto and Cash Reach $12.1B

BitMine Immersion has announced it now holds over 3.73 million ETH tokens, representing more than 3% of the total ETH supply, with total holdings including crypto and cash reaching $12.1 billion. The company is accelerating its ETH accumulation ahead of the upcoming Fusaka upgrade and is a leading holder in the crypto treasury space, supported by prominent institutional investors. It is also one of the most traded stocks in the US, with a focus on long-term crypto investment and infrastructure development.

Solana's Rise: Potential to Surpass Ethereum and Transform Crypto Investing
cryptocurrency8 months ago

Solana's Rise: Potential to Surpass Ethereum and Transform Crypto Investing

Anthony Scaramucci predicts that Solana (SOL) will surpass Ethereum (ETH) in market capitalization, citing his better understanding of Solana's potential, despite differing opinions from Standard Chartered and current market trends. He highlights SkyBridge Capital's significant investments in Solana and Bitcoin, and discusses the broader crypto market outlook and challenges faced by Solana.

US Considers Strategic Bitcoin Reserve Amid Legislative Push
cryptocurrency1 year ago

US Considers Strategic Bitcoin Reserve Amid Legislative Push

A proposal by Senator Cynthia Lummis for the US government to acquire 5% of Bitcoin's supply could lead to short-term price volatility, according to crypto analyst Ben Simpson. While Bitcoin dominance is expected to decline, signaling a potential shift to altcoins, the transition may not be straightforward. Despite potential volatility, Bitcoin is likely to remain a key investment for institutions, with analysts suggesting any price dips could be buying opportunities. The ongoing interest in Bitcoin as a store of value continues to grow, with some analysts predicting a bullish market cycle ahead.

Investors Weigh Bitcoin vs Stablecoins Amid Record Exchange Inflows
cryptocurrency1 year ago

Investors Weigh Bitcoin vs Stablecoins Amid Record Exchange Inflows

As Bitcoin's allure wanes amid rising market volatility, Tether's USDT minting on Ethereum and Tron is boosting liquidity and attracting investor interest. Despite Bitcoin's recent surge past $100K, driven by favorable market conditions, uncertainty about its next psychological target raises concerns of potential bearish pressures. This has led some investors to consider stablecoins like USDT as a safer bet, offering a cushion against market instability. The market remains volatile, with conflicting predictions about Bitcoin's future, prompting a shift towards stablecoins and high-cap altcoins.

Germany Concludes Bitcoin Selloff as BTC Hits $60,000
cryptocurrency1 year ago

Germany Concludes Bitcoin Selloff as BTC Hits $60,000

Michael Saylor of MicroStrategy made a significant statement about Bitcoin as its price hit $60,000, calling it "the bridge from chaos to hope." Despite recent market volatility and economic uncertainties, Bitcoin has shown strong performance, leading gains among major asset classes in eight out of eleven years from 2013 to 2023. Recent investor activity has helped Bitcoin recover from a slump, with key resistance and support levels identified by analysts. However, caution is advised as Bitcoin trades slightly above its 200-day SMA.

"Massive Crypto Fund Outflows: $1 Billion Vanishes, SEC Targets Ether, and Bitcoin Rebounds"
cryptocurrency1 year ago

"Massive Crypto Fund Outflows: $1 Billion Vanishes, SEC Targets Ether, and Bitcoin Rebounds"

Nearly $1 billion was withdrawn from global crypto funds, marking a historic departure from a 7-week inflow streak, with major players like BlackRock and Grayscale feeling the impact. The outflows coincided with a notable correction in cryptocurrency prices, leading to decreased trading volumes and asset valuations. While the US market saw over $1 billion in inflows, it was insufficient to offset the nearly $2 billion outflows from Grayscale’s GBTC fund conversion. The global sentiment was mixed, with outflows in some countries and for certain cryptocurrencies, while others saw inflows, sparking a dialogue about the role and accessibility of Bitcoin ETFs in fostering broader market integration.

Former CFO Indicted for Losing $35M in Company Funds on Secret Crypto Investment and Wire Fraud
cryptocurrency2 years ago

Former CFO Indicted for Losing $35M in Company Funds on Secret Crypto Investment and Wire Fraud

Nevin Shetty, former CFO of an e-commerce start-up, has been indicted for wire fraud after allegedly transferring $35 million of his employer's cash into a secret crypto investment that crashed in value to almost zero. Shetty executed a "Treasury Account Agreement" with his own crypto platform, HighTower Treasury, to facilitate the covert investment, which no one else at Fabric knew about. He ultimately acquired $28.8 million worth of the algorithmic stablecoin TerraUSD (UST), only a few weeks before the asset de-pegged from the US dollar and crashed by 99.99%.

MicroStrategy Continues Bitcoin Buying Spree and Pays Off Loan from Silvergate.
cryptocurrency2 years ago

MicroStrategy Continues Bitcoin Buying Spree and Pays Off Loan from Silvergate.

MicroStrategy has purchased 6,455 bitcoins for about $150 million in the last five weeks, bringing its total bitcoin holdings to 138,955 tokens, or about $3.88 billion. The recent acquisitions come as bitcoin has rallied to start the year, up about 62% year-to-date. MicroStrategy also paid off the remaining principal on a $205 million loan from the failed Silvergate Bank, and 34,619 bitcoins held as collateral were returned to the company.