Over 50% of Bitcoin is currently held at a loss, a metric K33 says historically indicates a market cycle bottom is near. Past cycles bottomed within weeks of this signal, though spot Bitcoin ETFs may alter current dynamics.
Ethereum treasury firm BitMine Immersion Technologies acquired $73 million in ETH last week, increasing its holdings to over 5.74 million ETH, nearing 5% of the circulating supply. The firm also increased its staked ETH to nearly 85% of its total holdings.
Stablecoin infrastructure company StablecoinX completed its merger with TLGY Acquisition Corp and will begin trading on Nasdaq as "USDE" on Friday. The company, which supports the Ethena ecosystem, faces a challenging crypto bear market despite its public debut.
Stablecoin infrastructure company StablecoinX merged with TLGY Acquisition Corp and began trading on Nasdaq under the symbol "USDE." The company, focused on supporting the Ethena ecosystem, faces a challenging crypto bear market despite its public debut.
BitMine Immersion Technologies added $92 million in ETH, bringing its total holdings to over 4.7% of the circulating supply. The company aims for 5% and is using ETH staking income to fund its operations and dividend payments.
BitMine Immersion Technologies acquired 76,881 Ether last week, increasing its holdings to over 5.6 million ETH despite a market downturn. The company continues to stake over 4.1 million ETH to generate yield, aiming for 5% of the total circulating supply.
BitMine Immersion Technologies acquired 76,881 Ether last week, increasing its total holdings to over 5.6 million ETH. Despite significant unrealized losses, the company continues to stake its Ether to generate yield, aiming to own 5% of the total circulating supply.
Bitmine Immersion Technologies acquired 26,497 ETH worth $52 million, with Chair Tom Lee stating the token's price doesn't reflect Ethereum's strengthening fundamentals. Lee believes crypto is undervalued during a 'crypto spring' and will be crucial for future commerce, identity verification, and tokenization.
BitMine acquired 111,942 ETH ($237M), its largest ETH buy of 2026, nearing 5% of Ethereum's circulating supply, now holding 5.39M ETH valued at $11.4B.
