Bitcoin mining firm BitMine Immersion Technologies has bought up over $2 billion of Ether in just 16 days, retaking the lead among a flurry of newly formed Ether treasury companies. BitMine said in a statement on Thursday that in the last 16 days, it had bought up 566,776 Ether (ETH), worth over $2.03 billion. Tom…
Key points: Bitcoin dives more than 2% from its $120,000 daily high to swipe bid liquidity in an anticipated move. Market projections nonetheless see a deeper retracement coming. “Froth” is starting to appear across crypto as altcoin open interest hits new all-time highs. Bitcoin (BTC) dipped to take bid liquidity at Wednesday’s Wall Street open…
XRP vastly outperformed ETH over the past year, but institutional investor demand for Ether could change the trend. Source link
XRP vastly outperformed ETH over the past year, but institutional investor demand for Ether could change the trend. Source link
Key point: Nasdaq-listed company DeFi Development Corp said on Monday that it had acquired 141,383 Solana (SOL) between July 14 and Sunday, boosting its treasury to 999,999 SOL. The company said it had $5 million at its disposal for future SOL purchases. Another positive sign for SOL is that SSK, the SOL staking exchange-traded fund…
Key takeaways ChatGPT Agent can automate crypto trading tasks like research, charting and strategy execution. It integrates real-time data, onchain metrics and sentiment analysis into a single workflow. While powerful, it requires human oversight to avoid hallucinations, API errors or security risks. Multi-agent systems may reshape crypto trading, but strategic judgment remains essential. On July…
XRP vastly outperformed ETH over the past year, but institutional investor demand for Ether could change the trend. Source link
Key point: China-based pork processing company and Bitcoin miner Bit Origin said on Monday that it had completed the acquisition of 40.5 million Dogecoin (DOGE) for its crypto treasury. Earlier, the firm said on July 17 that it aims to become the largest publicly traded DOGE holder. For that, the firm has entered into agreements…
Key takeaways: Ether dropped to $3,500 on Thursday, but onchain data shows no signs of a deeper drop, suggesting more growth potential in 2025. ETH price resistance at $4,500 remains the main barrier for now. Market analysts say Ether’s (ETH) uptrend remains intact despite the latest 9% drop from its seven-month highs. Data from Cointelegraph…
Anchorage Digital, an institutionally-focused digital asset service provider, announced the launch of a stablecoin issuance platform on Thursday, tapping synthetic dollar and stablecoin issuer Ethena as its first partner client. The company will launch Ethena’s USDtb stablecoin in the United States, according to an announcement made on Thursday. Currently, USDtb is issued offshore. Issuing USDtb…