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All articles tagged with #ethereum

Crypto rally linked to Jane Street lawsuit as 10 a.m. dump fades
business2 days ago

Crypto rally linked to Jane Street lawsuit as 10 a.m. dump fades

Bitcoin, Ethereum and Solana surged as the broader crypto market rallied about 8% to around $2.5 trillion after a lawsuit accusing Jane Street of insider trading sparked chatter that the long-standing 10 a.m. dump had ended. Bitcoin briefly traded above $70,000 with Ethereum up roughly 13% and Solana up over 15%; while analysts noted no public evidence of a fixed selling schedule, the mood shifted from persistent selling pressure to a recovery in the context of Terra-Luna's collapse history.

via The Block|
#bitcoin#business#ethereum
Bitcoin Rebound Lifts Strategy, BitMine, and Coinbase as BTC Stabilizes
business21 days ago

Bitcoin Rebound Lifts Strategy, BitMine, and Coinbase as BTC Stabilizes

Bitcoin stabilized near $69k after a dip to about $60k, triggering a rally in crypto stocks as Strategy (MSTR) rose about 18% to roughly $126.60 despite its BTC treasury being underwater, BitMine Immersion Technologies (BMNR) jumped around 14% to about $19.83 on ETH staking plans amid a large unrealized ETH loss, and Coinbase (COIN) gained roughly 10% to around $160.60 as higher volatility boosted trading volumes and revenue.

via Decrypt|
#bitcoin#bmnr#business
Bitcoin Dives Toward 15-Month Low as Tech Selloff Spreads to Crypto
business23 days ago

Bitcoin Dives Toward 15-Month Low as Tech Selloff Spreads to Crypto

Bitcoin slipped below $70,000, tumbling to a 15‑month low (as low as about $66,911) and dropping roughly 9–10% in 24 hours as a tech‑stock rout driven by AI concerns spilled into crypto; Ethereum and XRP also fell sharply, and the Nasdaq slid on AI fears. Analysts warn the weakness could persist, with bear‑market scenarios suggesting further declines and some investors seeking safe havens like gold amid policy uncertainty about crypto support.

via Barron's|
#ai#bitcoin#business
Bitcoin slips below 71k as risk-off mood pushes crypto to a 2024 low
markets23 days ago

Bitcoin slips below 71k as risk-off mood pushes crypto to a 2024 low

Bitcoin slid below $71,000 to its lowest level since October 2024, dropping about 7% in 24 hours to roughly $70,900 as risk-off selling hit crypto and related equities; Ethereum fell to around $2,091, while Coinbase declined about 6.1% and Bitmine fell roughly 9.2%. The Crypto Fear & Greed Index remained in “extreme fear” territory, with macro pressures cited by analysts as driving the sell-off, though some see a longer‑term opportunity if ETF flows stabilize and selling pressure eases.

via The Block|
#bitcoin#btc#ethereum
Crypto Selloff Eyes Key Support as Bitcoin Dips Near $70K
business23 days ago

Crypto Selloff Eyes Key Support as Bitcoin Dips Near $70K

Bitcoin slid toward a break below the $70,000 level after dropping to about $70,052, with ether around $2,111 and a breach of $2,000 possible for the first time since May last year. The move comes as markets price in a hawkish Fed stance and a shrinking balance sheet, with BTC down roughly 7% for the week and about 20% on the year, while ETH is down around 30%. Analysts point to sustained ETF outflows and waning institutional interest as signs of broad crypto pessimism.

via Reuters|
#bitcoin#business#crypto
Bitmine's ETH Hoard Reaches 4.29 Million Amid $10.7B Crypto & Cash Treasure
business26 days ago

Bitmine's ETH Hoard Reaches 4.29 Million Amid $10.7B Crypto & Cash Treasure

Bitmine Immersion Technologies reports total crypto+cash holdings of $10.7 billion, anchored by about 4.29 million ETH (roughly 3.55% of supply), 193 BTC, a $200 million Beast Industries stake, a $20 million Eightco stake, and $586 million in cash. About 2.897 million ETH are staked, yielding $188 million in annualized staking revenue (with MAVAN potentially pushing rewards to around $374 million once deployed). MAVAN is planned for early 2026. The company remains a leading ETH treasury with strong trading liquidity and backing from major institutional investors.

via PR Newswire|
#business#ethereum#investment
Bitmine Expands Ethereum Treasury to 4.243 Million ETH, Totals $12.8B in Crypto and Cash
business1 month ago

Bitmine Expands Ethereum Treasury to 4.243 Million ETH, Totals $12.8B in Crypto and Cash

Bitmine Immersion Technologies reports total crypto and cash holdings of $12.8 billion, including 4.243 million ETH (about 3.52% of supply), 193 BTC, a $200 million Beast Industries stake, a $19 million Eightco/ORBS stake, and $682 million in cash. Of this, roughly 2.01 million ETH are staked (~$5.7B), with MAVAN (Made-in America Validator Network) slated to launch in early 2026 as the company scales staking infrastructure. The release also notes strong liquidity for BMNR stock and continued institutional backing as it pursues its ETH accumulation strategy.

via PR Newswire|
#bmnr#business#eth
Bitmine Bets $200 Million on Beast Industries to Accelerate Ethereum Treasury Strategy
business1 month ago

Bitmine Bets $200 Million on Beast Industries to Accelerate Ethereum Treasury Strategy

Bitmine Immersion Technologies (BMNR) announced a $200 million equity investment in Beast Industries, with closing expected around January 19, 2026, as part of its strategy to expand Ethereum treasury operations and DeFi capabilities, including launching MAVAN (Made-in-America Validator Network) in Q1 2026. The deal is backed by high-profile investors and MrBeast-led Beast Industries, with Bitmine’s annual stockholder meeting slated for January 15, 2026.

via PR Newswire|
#beast-industries#bitmine-immersion-technologies#business