Shares in crypto mining service provider BitMine Immersion Technologies rallied 12.5% after the bell on Tuesday as billionaire venture capitalist Peter Thiel scooped up an over 9% stake in the firm. Thiel bought 5.09 million shares in BitMine through various arms of his venture capital firm Founders Fund amounting to a 9.1% stake, according to…
Crypto analyst Matthew Hyland says that Bitcoin’s market dominance has reached its peak if the price of Ether continues its upward trend. “If ETH breaks bullish and remains bullish against BTC there is a 99% chance BTC Dominance has topped,” Hyland said in an X post on Tuesday. “Impossible” for BTC dominance to spike if…
Key takeaways: Ether is outperforming Bitcoin this week, with the altcoin reclaiming $3,000. The ETH/BTC pair broke above its 200-day moving average, with the RSI breaking a three-year downtrend, hinting at a structural shift. Fractal analysis suggests ETH could surge to $18,205, with the near-term target at $4,000. After reclaiming the $3,000 level for the…
Key point: Ether (ETH) is witnessing selling above the $3,000 level, but a positive sign is that the bulls have not given up much ground. That suggests the investors are backing it for more upside. Farside Investors’ data shows more than $1 billion in inflows into Ether exchange-traded funds since July 9. Apart from ETF…
What is BBVA’s crypto service? BBVA launched its crypto trading and custody service for retail customers in Spain on July 4, 2025, making it the first traditional bank in the country to offer such a service under the EU’s new MiCA regulations. BBVA’s crypto offering provides buy, sell and custody services for Bitcoin (BTC) and…
Corporations are increasingly viewing Ethereum as a critical infrastructure component, fueling a surge in ETH allocations within corporate treasuries, according to Ray Youssef, CEO of finance app NoOnes. “Ethereum starts to look like a hybrid between tech equity and digital currency. This appeals to treasury strategists looking beyond passive storage,” Youssef told Cointelegraph. Top corporate…
The Core Foundation, the organization behind the Core blockchain, is launching a new revenue-sharing mechanism for the Web3 industry intended to shake up how stablecoin issuers and developers raise funds. Rev+ claims to be the first protocol-level program that directly rewards developers, stablecoin issuers and decentralized autonomous organizations (DAOs) based on their created user value….
Telegram is opening up to decentralized finance (DeFi) on Ethereum with the mainnet launch of Tac, a third-party blockchain bridging apps on the Ethereum Virtual Machine (EVM) to The Open Network (TON). Tac mainnet has launched with a mission to bring EVM decentralized apps (DApps) to TON and Telegram ecosystems, the team behind the network…
The top Ethereum treasury companies scooped up at least $1.6 billion worth of Ether (ETH) in the past month, while institutional buying surged over the past week as Ether rallied. Corporate Ether treasury companies accumulated more than 545,000 ETH over the past 30 days, according to recent purchase announcements. On Monday, BitMine Immersion Technologies, chaired…
Multinational bank Standard Chartered has launched a new trading service allowing institutions and corporations to trade major cryptocurrencies. Standard Chartered is rolling out spot trading for Bitcoin (BTC) and Ether (ETH) through its UK branch, the company said in a statement shared with Cointelegraph on Tuesday. Following the spot trading launch, the bank plans to…