COINTELEGRAPH

Ether Treasury Stocks Lead Crypto Recovery Gains

Digital asset treasuries (DATs) are leading a crypto stock recovery as markets rebound following a significant leverage flush at the start of the month. Ether DATs recovered strongly on Tuesday, including Nasdaq-listed EthZilla (ETHZ), which gained 12.35% on the day to $10.80 in after-hours trading, according to Google Finance.  The world’s largest Ether (ETH) treasury,…

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Texas Builds First State Bitcoin Reserve

Key takeaways Texas became the first US state to add Bitcoin exposure to a state-managed investment portfolio by purchasing about $5 million of BlackRock’s IBIT ETF through its newly created Texas Strategic Bitcoin Reserve. SB 21 shifted Texas from a crypto mining hub to an active digital asset investor. The bill authorizes the state comptroller…

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Will ETH Continue to Decline in December?

Ethereum’s native token, Ether (ETH), extended its downturn into December after falling roughly 30% over the past three months, raising worries about how much further the sell-off could run by year’s end. Key takeaways: ETH could slide toward $2,500–$2,200 if MVRV support and the pennant break down. A potential falling wedge breakout keeps bulls’ hopes…

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BitMine Buys $70 million In ETH In 3 Days, Betting Big on Ethereum’s Future

BitMine Immersion Technologies has acquired another 23,773 Ether over the past three days amid the current market slump, as its chairman pushed back his prediction on Bitcoin’s all-time high. According to an X post by the crypto data analytics platform Lookonchain, Bitmine purchased 7,080 Ether (ETH) for approximately $19.8 million on Monday. Source: Lookonchain The…

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