54m ago
Bitcoin holds near $69,000 as oil volatility and firm U.S. dollar weigh on broader risk assets
After four straight declining sessions that took it into the mid-$60,000 range, bitcoin rebounded to trade around $69,350 as traders contended with surging oil prices, Middle East tensions and a stronger U.S. dollar. Analysts note that ETF flow trends, renewed inflows into bitcoin investment products and sizeable exchange outflows point to early signs of stabilization, even as macro uncertainty keeps risk appetite muted.
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BTC
BTC+2.41%
54m ago
58m ago
Tom Lee’s BitMine Adds 60,976 ETH for Nearly $123M as Holdings Top 4.53M Coins
BitMine, chaired by Tom Lee, has purchased an additional 60,976 ETH for close to $123 million, lifting its total Ethereum holdings to 4,535,563 coins valued at over $9 billion. The firm, which also reports $1.2 billion in cash and several other crypto and equity positions, plans to modestly speed up ETH accumulation as the price trades just above $2,000 after recent market volatility.
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ETH
ETH+4.09%
58m ago
2h ago
Bitmine boosts Ethereum holdings to 4.535 million ETH after weekly purchase of 60,976 tokens
Bitmine Immersion Technologies has disclosed that its ether treasury has climbed to 4.535 million ETH after acquiring 60,976 ETH over the past week, representing roughly 3.76% of Ethereum's circulating supply. The company values this position at about $8.9 billion, with around 3.04 million ETH currently staked and generating estimated annualized staking revenue of $174 million. The aggressive accumulation comes as data shows more than 3.2 million ETH waiting in Ethereum's validator entry queue while fewer than 60,000 ETH are queued to exit.
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2h ago