BitMine Expands ETH Holdings Despite $6.5B in Unrealized Losses

BitMine Immersion Technologies, the Ether treasury company backed by Fundstrat’s Tom Lee, has expanded its ETH holdings for the second time in as many weeks, even as large unrealized losses underscore the strategy’s risks. The company said Monday it purchased an additional 101,901 Ether last week, bringing its total holdings to roughly 5.08 million ETH….

SEC Moves Closer to Innovation Exemption for Tokenized Markets

US Securities and Exchange Commission Chair Paul Atkins said the agency is nearing the release of an exemption that would allow market participants to trade tokenized securities onchain within a compliant framework. Speaking at the Economic Club of Washington on Tuesday, Atkins said the SEC is close to introducing what he described as an exemption…

ETH Price Rises 10% in April: So Why is Ethereum Foundation Selling?

Ether (ETH) has surged more than 10% in April, reaching as high as $2,430 this month amid renewed market optimism. ETH/USD daily chart. Source: TradingView Yet during the same period, the Ethereum Foundation, a nonprofit overseeing the Ethereum protocol’s development, has continued notable treasury sales. Key takeaways: The Ethereum Foundation has sold approximately 20,000 ETH…

ETH Price Rises 10% in April: So Why is Ethereum Foundation Selling?

Ether (ETH) has surged more than 10% in April, reaching as high as $2,430 this month amid renewed market optimism. ETH/USD daily chart. Source: TradingView Yet during the same period, the Ethereum Foundation, a nonprofit overseeing the Ethereum protocol’s development, has continued notable treasury sales. Key takeaways: The Ethereum Foundation has sold approximately 20,000 ETH…

Michael Saylor’s Strategy adds 3.2K Bitcoin at nearly $78K per BTC

Michael Saylor’s Strategy bought 3,273 Bitcoin for $255 million between April 20 and 26, bringing total holdings to 818,334 BTC. Source link

Ethereum’s EEZ could pull other blockchains into its orbit

The Ethereum Economic Zone aims to unify fragmented rollups, but its broader goal is to extend interoperability to other blockchains, says Ernst. Source link

ETH Price Rises 10% in April: So Why is Ethereum Foundation Selling?

Ether (ETH) has surged more than 10% in April, reaching as high as $2,430 this month amid renewed market optimism. ETH/USD daily chart. Source: TradingView Yet during the same period, the Ethereum Foundation, a nonprofit overseeing the Ethereum protocol’s development, has continued notable treasury sales. Key takeaways: The Ethereum Foundation has sold approximately 20,000 ETH…

Ethereum news: Tom Lee touts ETH as ‘wartime store of value’ as Bitmine (BMNR) buys more

Bitmine Immersion Technologies (BMNR), the ether (ETH) treasury firm helmed by Chairman Thomas “Tom” Lee, bought 101,901 ETH through last week, pushing its total holdings above 5 million tokens of the second-largest cryptocurrency. The purchase lifted the firm’s ETH treasury to 5,078,386 tokens, or about 4.21% of ether’s circulating supply, according to a Monday update….

Russia Passes Crypto Regulation Bill In First Reading

Russia’s lower house of parliament passed a bill in first reading on Tuesday that would create the country’s core legal framework for digital currency, moving Moscow closer to a system that channels crypto trading through licensed intermediaries under Bank of Russia oversight. The draft bill No. 1194918-8, titled “On Digital Currency and Digital Rights,” passed…

VIX Dips 45% in Three Weeks: Can Bitcoin Break Above $80K Next?

The CBOE Volatility Index (VIX), a preferred Wall Street metric to measure investor sentiment and market risk, dropped by over 45% in under a month. For Bitcoin (BTC), this could be a significant bullish signal. VIX daily performance chart. Source: TradingView Key takeaways: Bitcoin may rise toward $82,700 if VIX keeps underperforming. BTC’s upside outlook…