Author: driver789

BitMine stock price retreated for five consecutive months, reaching its lowest level since June last year as Ethereum and other altcoins slumped. Summary BitMine stock price dropped for five consecutive months. The retreat happened as the Ethereum price crash gained steam. BMNR has formed a falling wedge pattern, pointing to a rebound in March. BMNR stock was trading at $20 on Monday, down substantially from last year’s high of $161. Still, despite this, BitMine continued its Ethereum (ETH) accumulation, a sign that Tom Lee and the team expect a rebound soon. BitMine added 50,928 ETH tokens last week, bringing the…

Bitmine Immersion Technologies (BMNR) on Monday reported purchasing nearly 51,000 more ETH tokens last week, increasing its holdings to 4.474 million.”In the midst of this ‘mini crypto winter,’ our focus continues to be on methodically executing our treasury strategy and steadily acquiring ETH and in turn, optimizing the yield on our ETH holdings,” said Chairman Tom Lee.The company said it now has 3,040,483 ETH staked, worth about $6 billion at current prices. Lee said annualized staking revenue stands at $172 million. At full scale, staking rewards could reach $253 million annually based on a 2.86% yield over the last seven…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s long-range protocol roadmap may move faster than many expect as AI tools improve, according to Vitalik Buterin, who pointed to a recent experiment that used agentic coding to assemble an ambitious reference client spanning much of Ethereum’s planned 2030-era architecture. The comment came after developer Jiayao Qi, posting as YQ via X, unveiled ETH2030, an experimental Ethereum client built to target the network’s draft “2030+” roadmap. The project weighs in at 702,000 lines of Go, covers 65 roadmap items across eight phases, passes 36,126 official Ethereum…

Wall Street’s attitude toward Bitcoin has flipped from euphoric to deeply skeptical after last year’s crowded long trade unraveled, according to Galaxy Digital head of research Alex Thorn. In an interview on What Bitcoin Did, Thorn said the shift has less to do with conspiracy theories or a single bearish catalyst than with exhausted demand, heavy long-term holder selling, and a market now struggling to find a fresh narrative. Thorn pushed back on claims that firms such as Jane Street are to blame for Bitcoin’s weakness, calling that line of thinking “Twitter cope.” He argued that most of the outrage…

Crypto investment products recorded their first weekly inflows since January, snapping a five-week outflow streak totaling roughly $4 billion.Crypto exchange-traded products (ETPs) attracted $1 billion last week, led by $882 million into Bitcoin (BTC) funds, according to a Monday report from CoinShares.“From a macro standpoint, it is difficult to attribute the shift in sentiment to a single catalyst,” said James Butterfill, CoinShares’ head of research.He said the reversal likely reflected prior price weakness, a break below key technical levels and renewed accumulation by large Bitcoin holders.“At a more anecdotal level, recent client discussions have been almost entirely focused on identifying…

Sony Bank said it has signed a memorandum of understanding with stablecoin issuer JPYC Inc. to study whether the Japanese yen-pegged stablecoin JPYC can be connected more directly to the bank’s deposit rails.In a statement Monday, the companies said they will study real-time account transfers that would allow users to purchase JPYC instantly from their Sony Bank accounts through the JPYC EX platform, eliminating the need for manual bank transfers. Sony Bank said its Web3-focused subsidiary, BlockBloom, will play a central role in designing how the bank link, stablecoin rails and potential consumer services would work in practice.The agreement comes as…

Bitcoin BTC$66 352,16 is trading near $66,500 after adding 1.1% since midnight UTC and more than 5% from the weekend low of $63,000.The crypto market is back in the middle of a trading range that has persisted since the start of February, with a volatile past week testing $70,000 to the upside and $62,500 to the downside.Weekend price action was driven by the military strikes that killed Iran’s Supreme Leader Ayatollah Khamenei, triggering retaliatory attacks and raising concerns about potential disruption to traffic in the Strait of Hormuz.According to trading firm QCP, the strike sparked roughly $300 million in long liquidations…

Ethereum price dips about 1–2% near $1.95k, nearing a 7‑month losing streak as whales trim holdings on macro pressure. Summary ETH trades around $1.94k–$1.97k today, down roughly 1–2% in 24h, with 24h volume near $21–23b and a 24h range around $1.94k–$2.06k. Coinglass‑based data show ETH has logged six straight monthly declines, its longest losing streak since 2018, and has closed lower in 12 of the past 15 months. On‑chain data highlight selling from 100k–1m ETH wallets over 90 days while RSI sits in historically oversold territory and funding plus open interest have normalized, suggesting reduced leverage risk into key support.…

Crypto analyst Pure has indicated that the blood moon could be having an impact on the trajectory of the Bitcoin price. The analyst drew attention to historical trends, suggesting this might be the case and that a rally above $100,000 may be on the cards.  A Bitcoin Price Rally Above $100,000 May Be On The Cards In an X post, Pure drew attention to a potential correlation between the Blood Moons over the last 12 years and the Bitcoin price action. Based on this, the analyst’s chart suggested that BTC could still rally above $100,000 soon enough, potentially reaching the…

Qivalis, a consortium of major European banks, is in advanced talks with crypto exchanges and liquidity firms to distribute its planned euro-pegged stablecoin, Spanish business newspaper Cinco Días reported Monday.The group, including banks such as ING, UniCredit, and the recent addition of BBVA, is moving toward the launch of a stablecoin in the second half of 2026, Cinco Días reported.The consortium is now reportedly in advanced discussions with crypto exchanges, market makers and liquidity providers. The shareholder banks themselves will also be able to distribute the stablecoin.The news comes months after the banks first announced the consortium in September 2025…