Author: driver789
Tom Lee has suggested that BitMine Immersion Technology may not need to keep buying Ethereum beyond its 5% supply target. Summary Tom Lee said BitMine may not need to hold more than 5% of Ethereum supply. BitMine holds about 5.54m ETH, equal to nearly 4.6% of Ethereum’s circulating supply today. Fresh on-chain data showed BitMine bought another 25,000 ETH from BitGo as price rebounded. The remark points to a possible slowdown after months of large ETH purchases. The comment came as BitMine continued adding Ethereum during a weak market. On-chain data showed the company bought another 25,000 ETH from BitGo,…
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from…
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Ethereum traded near $1,616 on June 11, down 3.14% in 24 hours, according to crypto.news price data. Summary Ethereum traded near $1,616 as selling pressure kept ETH down over 13% this week. Santiment data shows Ethereum is approaching 200m non-empty wallets despite weak market sentiment across crypto. Binance ETH open interest and perp-spot imbalance point to higher leverage and sharper volatility risk. Meanwhile, the token also fell 13.82% over seven days, keeping ETH near the lower end of its latest trading range. The setup is mixed. Ethereum adoption data points to long-term network growth, while derivatives data shows traders are…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is struggling below $1,700 as apathy and uncertainty keep the market in a directionless state that has frustrated participants on both sides of the trade. The price is neither recovering convincingly nor breaking down aggressively — and CryptoOnchain has identified a development in the network activity data that cuts directly against the narrative that the current weakness reflects a market in structural decline. A notable divergence has emerged in Ethereum’s on-chain transaction patterns over the past week. Daily transactions from regular user wallets have dropped approximately…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
Prediction markets overtook onchain gambling for the first time in the opening quarter of 2026, recording $36.6 billion in volume compared with gambling’s $14 billion, according to TRM Labs.In a Wednesday report, the blockchain intelligence company said the shift followed a rapid expansion in both sectors. Onchain gambling reached $51 billion in 2025, while prediction markets climbed to $54 billion, putting the two categories at comparable scale heading into 2026. Still, onchain gambling remained near record levels. Quarterly gambling volume reached an all-time high of $15 billion in the fourth quarter of 2025, then held at $14 billion in Q1 2026.Neither…
The recently released public version of Anthropic’s Claude Fable 5 AI model won’t let you audit your crypto smart contracts — or do much else when it comes to cybersecurity. The new large language model (LLM), a scaled-back version of Anthropic’s previous Mythos model, was released yesterday to a mixed reception from scared and excited onlookers eager to see what it could do. Much of the early criticism has focused on its guardrails. Because of Fable 5’s’ touted capabilities, Anthropic has released it with a set of restrictions called “classifiers” that redirect topics on “cybersecurity, biology and chemistry, or distillation”…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is trading below $1,700 as the market faces a key test that will determine whether the current level holds as support or gives way to further deterioration. The price has already dropped approximately 28% from recent levels — and a CryptoQuant analyst has identified a development in the derivatives data that places the current weakness in a structural context that extends well beyond short-term price action. The most significant signal is not the price decline itself but the way Open Interest has reset across major exchanges…