BitMine Immersion Technologies has added another 82,560 Ether, worth roughly $259 million, to Ethereum’s staking system, intensifying congestion in the network’s validator entry queue as institutional demand for yield continues to build. Data from Arkham […]
Crypto executive Kain Warwick is set to pay up $50,000 after betting that Ether would hit $25,000 in 2025, joining one of many market participants who overestimated the speed of Ether’s recovery after its dip […]
Key takeaways JPMorgan tokenized a money market fund and launched it on the Ethereum mainnet. The fund holds US Treasurys and Treasury-backed repos, with daily dividend reinvestment. Public Ethereum places MONY alongside stablecoins, tokenized treasuries […]
The Ethereum mainnet clocked 2.2 million transactions in a single day in a new record this week, while fees have fallen to just 17 cents on average. The layer-1 blockchain recorded its new transaction milestone […]
The $11 billion Bitcoin whale who correctly predicted the $19 billion October market crash is betting on the price appreciation of the top cryptocurrencies, signaling a potential market recovery. After cashing out $330 million in […]
Corporations are increasingly turning to Ethereum staking to earn passive yield, a shift that is tightening the amount of Ether available for sale on the open market. BitMine Immersion Technologies, the largest corporate Ether (ETH) […]
Uniswap has executed a major token burn following the approval of its long-anticipated fee burning proposal, removing 100 million UNI, worth roughly $596 million at current prices, from the protocol’s treasury. Onchain data shows the […]
Ethereum treasury firm Bitmine has begun staking its Ether holdings depositing nearly $219 million worth of ETH into Ethereum’s proof-of-stake (PoS) system. On Sunday, multiple wallets linked to Bitmine sent large Ether (ETH) transfers to […]
Ethereum is unlikely to hit new highs in the coming year, given the current conditions for Bitcoin, says crypto analyst Benjamin Cowen. “If Bitcoin truly is truly in a bear market, which is what it […]
Solana and Ethereum will both thrive in the tokenization race and neither blockchain will push the other out of the space, says Dragonfly general partner Rob Hadick. “They are both Facebook,” Hadick told CNBC’s “Squawk […]
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