Cryptocurrency markets experienced a brutal sell-off this week as investor concerns grew over stagnating US liquidity following US President Donald Trump’s nomination of Kevin Warsh to lead the Federal Reserve. Bitcoin exchange-traded funds (ETFs) recorded […]
TLDR: BitMine’s ETH holdings drop to $8.4B, down $8B from the initial $16.4B investment. BMNR stock plunges 88% since its July peak amid Ether price declines. Over 2.9M ETH staked, generating 2.81% annual yield in […]
Several layer-2 builders responded after Ethereum co-founder Vitalik Buterin said the original vision of L2s as the primary scaling engine “no longer makes sense,” calling for a shift toward specialization. In a Wednesday post, Buterin […]
TLDR Vitalik Buterin reassesses Ethereum’s Layer 2 scaling vision in light of faster-than-expected base layer growth. Buterin emphasizes that Ethereum’s Layer 2 networks have not achieved the full decentralization once envisioned. Leading rollups such as […]
Corporate Ether treasury companies are facing significant paper losses on their holdings after the latest market correction pulled many underwater. BitMine Immersion Technologies, the largest corporate Ether (ETH) holder, is sitting on $6.95 billion in […]
TLDR: BitMine holds over 4.24 million ETH, facing a $6 billion unrealized loss as Ethereum trades below acquisition cost. Ethereum currently trades near $2,300, about 40% below BitMine’s average purchase price of roughly $3,800 per […]
BitMine Immersion Technologies, a publicly traded cryptocurrency treasury company linked to investor Tom Lee, is carrying significant unrealized losses on its Ether holdings following the latest wave of market liquidations, underscoring the risks facing crypto […]
TLDR Bit Digital has decided to exit Bitcoin mining and refocus on Ethereum and AI infrastructure. Ethereum becomes a core part of Bit Digital’s strategy, with over 150,000 ETH staked for rewards. AI infrastructure is […]
Ethereum (ETH) holds near $3,000 as institutions accumulate despite mixed short-term sentiment. Strong staking, wallet growth, and ETF inflows support Ethereum’s price floor. ERC-8004 could unlock AI-driven on-chain demand and long-term ETH value. Ethereum is […]
An Ethereum smart contract standard enabling trustless artificial intelligence agent communication on the network is “probably” going to be deployed on mainnet on Thursday, according to Marco De Rossi, head of AI at MetaMask. Further […]
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