All articles tagged with #ethereum
BitMine Immersion Technologies has added nearly 33,000 ETH, bringing its total holdings to over $13 billion, and its chairman Tom Lee predicts Ethereum could reach $250,000, representing a 7,760% increase from current prices, amid plans to increase share issuance for future growth and stock splits.
BitMine Immersion Technologies' stock has dropped 10% following a massive share authorization plan, leadership changes, and ongoing governance concerns, while the company continues to focus on Ethereum accumulation and staking infrastructure, raising questions about dilution and investment risks.
Bitcoin and Ethereum experienced significant declines, with Bitcoin dropping about 5.3% to around $86,553 and Ethereum falling 6.4% to $2,836, amid a broader crypto sell-off influenced by macroeconomic concerns and regulatory warnings from China, reflecting a risk-off sentiment in global markets.
A jury could not reach a verdict in the fraud trial of MIT graduate brothers accused of stealing $25 million in cryptocurrency through complex trading strategies, leading to a mistrial after three weeks of deliberation and emotional strain on jurors.
Cryptocurrencies like Bitcoin, Ethereum, and Solana are showing signs of weakness, with Bitcoin dropping below $100,000 and all three ETFs experiencing significant declines from their recent highs, signaling a potential risk-off environment and possible market caution ahead of year-end.
Cryptocurrencies like Bitcoin, Ethereum, and XRP have experienced a significant decline due to a broader risk-off sentiment in markets, influenced by geopolitical tensions and concerns over overvaluation, though Bitcoin showed some resilience by rebounding above a key psychological level.
Cryptocurrencies like Bitcoin, Ethereum, and XRP rebounded on Monday after a sharp decline caused by tariff threats from President Trump against China, with Bitcoin rising 3.7% and other tokens gaining significantly, fueled by a softer tone from Trump and positive market sentiment.
Cryptocurrencies, including Bitcoin and Ethereum, rebounded over 6% after a weekend selloff caused by trade tensions between the US and China, with positive comments from President Trump easing fears and boosting market confidence, despite ongoing volatility and recent severe leverage resets.
The cryptocurrency market is under pressure as Bitcoin and Ethereum prices drop to their lowest levels in several weeks, indicating renewed bearish sentiment in the digital asset space.
BitMine has announced it now holds over 2.83 million ETH, making it the largest ETH treasury globally, with total crypto and cash holdings of $13.4 billion, supported by major institutional investors, and is among the most traded stocks in the US.
Ethereum's price remains flat despite declining exchange reserves and active buying, as selling pressure matches demand. Most downside liquidity has been absorbed, and with liquidation targets above current levels, a small upward move could trigger a sharp short squeeze, especially if demand increases at the critical 200-day EMA level. The market is poised for a potential rally if momentum shifts.
Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced significant declines, with nearly $1 billion in liquidations over 24 hours, amid a broader market downturn affecting stocks and digital assets.
Cryptocurrency markets, including Bitcoin, Ethereum, and Solana, declined further following a major deleveraging event, with investor fears heightened after last week's Federal Reserve rate cut and a continued risk-off sentiment impacting the crypto sector.
Bitcoin and Ethereum experienced significant declines amid a $1.5 billion liquidation wave in the crypto market, marking the largest such sell-off since March, with over 400,000 traders liquidated and major tokens dropping in value, though some recovery was observed later.
BitMine announced a registered direct offering raising approximately $365.24 million by selling 5.22 million shares at $70 each, with additional warrants potentially generating up to $913 million, supporting its goal to acquire 5% of Ethereum and highlighting strong institutional investor interest.