BitMine Buys $250M in Ethereum as Holdings Near 5 Percent Target

BitMine chairman Tom Lee has confirmed the company went on an Ether buying spree after the crypto market saw one of its most significant deleveraging events earlier this month.  “Open interest for ETH sits at the same levels as seen on June 30th of this year, ETH was $2,500, given the expected Supercycle for Ethereum,…

Senate to vote on shutdown as lawmakers meet crypto leaders

The US government is approaching its fourth week of shutdown, with a Senate vote scheduled for Monday evening to end the funding impasse, and a separate meeting on Wednesday where lawmakers and crypto executives will discuss the long-stalled crypto market structure bill.  The Senate will vote at 5:30 p.m. ET for the 11th time in…

XRP Whales Confident in a Price Rally to $3 as Exchange Balances Dwindle

Key takeaways: The number of XRP whale addresses hit record highs of 317,500, indicating accumulation. XRP price must first break the $2.59 resistance for a chance to regain $3. XRP (XRP) bounced from Friday’s lows of $2.18, rising as much as 13% to an intraday high of $2.48 on Monday. A strong technical setup and…

CleanSpark Shares Rise 13% After Bitcoin Miner’s AI Expansion

Nasdaq-listed Bitcoin mining company CleanSpark’s shares soared over 13% on Monday, after the company announced a strategic expansion into artificial intelligence. CleanSpark, the fifth-largest Bitcoin (BTC) mining company by market capitalization, announced a new strategy to expand into AI data center infrastructure, aiming to diversify its revenue streams and strengthen long-term cash flow potential. To…

Evernorth to Build $1B XRP Treasury

Today in crypto, Ripple-tied Evernorth plans a $1 billion listing to build XRP treasury. Jack Dorsey stirred new debate over Bitcoin’s status in the crypto world, and ex–New York Governor Andrew Cuomo is leaning on crypto and AI as key platforms in his NYC mayoral bid. Ripple-linked Evernorth to go public in $1B SPAC to…

CleanSpark Shares Rise 13% After Bitcoin Miner’s AI Expansion

Nasdaq-listed Bitcoin mining company CleanSpark’s shares soared over 13% on Monday, after the company announced a strategic expansion into artificial intelligence. CleanSpark, the fifth-largest Bitcoin (BTC) mining company by market capitalization, announced a new strategy to expand into AI data center infrastructure, aiming to diversify its revenue streams and strengthen long-term cash flow potential. To…

Bitcoin, Altcoins Stage Rebound Rally, Bears Sell The Tops

Key points: Bitcoin and most major altcoins have bounced off their support levels, indicating solid demand at lower levels. Buyers may find it difficult to sustain the recovery, as the bears are expected to sell on rallies. Bitcoin (BTC) made a strong comeback on Monday, rising above $111,000. Traders turned bullish after US President Donald…

Senate to vote on shutdown as lawmakers meet crypto leaders

The US government is entering its third week shut down, with a Senate vote scheduled for Monday evening to end the funding impasse, and a separate meeting on Wednesday where lawmakers and crypto executives will discuss the long-stalled crypto market structure bill.  The Senate will vote at 5:30 p.m. ET for the 11th time in…

Dogecoin Eyes 25% Boom as Elon Musk Posts DOGE Tweet

Key takeaways: Dogecoin (DOGE) jumped 2.5% to $0.20 as the market’s attention turned to Elon Musk’s latest X post, featuring the memecoin mascot Shiba Inu. DOGE price surged 29% in response. DOGE/USDT daily price chart. Source: TradingView The move extended DOGE’s sharp rebound from its recent low of $0.13, its lowest level since April, marking…

10% Weekend Rebound; Grove Boosts USDC, RLUSD Liquidity on RWA Protocol

The governance token of decentralized finance lender Aave AAVE$227.33 stood out as one of the strongest performers through the weekend as crypto assets bounced from the Friday lows. The token advanced was up over 10% on Monday to briefly top $230, only trailing oracle network Chainlink’s native token LINK$18.83 among the CoinDesk 20 Index members….