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…
During today’s Asian trading session, Ethereum opened at $1628. Summary Ethereum price climbed 2.87% to $1,680 after a late-session rally. CryptoQuant data shows exchange supply fell to 14.5M ETH. Staking, private wallets, and treasury holdings reduced exchange balances. The opening price was at lower levels before the channel turned and traced an upward trend of…
Ethereum remained under pressure on June 12 as geopolitical risk, ETF outflows, and weak technical structure kept ETH close to key support. Summary Ethereum traded near $1,652 as ETF outflows and macro pressure kept buyers cautious. Spot Ethereum ETFs lost $15.89 million on June 11, extending outflows for three sessions. Analysts remain split as MVRV…
Bitcoin and Ether options worth about $2.5 billion expire on June 12, putting the $60,000 to $62,000 Bitcoin range back in focus. Summary Bitcoin options worth $2.23 billion expire today as BTC trades close to $63,000 support levels. GreeksLive data showed downside dealer exposure concentrated around Bitcoin’s key $60,000 to $62,000 range. Ether options worth…
Standard Chartered has kept its $100,000 Bitcoin target and $4,000 Ethereum target after the selloff. Summary Standard Chartered kept its $100K Bitcoin target after BTC rebounded from the $59K zone. Geoffrey Kendrick linked the selloff to forced selling, weak ETF flows, and liquidity stress. Kendrick kept the $4K Ethereum target and expects ETH to outperform…
Ethereum is trading near $1,670 after one of its weakest nine-month periods in recent years. Summary Ethereum remains on track for a third straight double-digit quarterly decline despite accumulation signals. Nearly 500,000 ETH left exchanges in one week as investors reduced available selling supply. Iran deal hopes and a potential Hormuz reopening could improve sentiment…
Ethereum Foundation privacy project Kohaku lead Nico said Ethereum accounts can start preparing for post-quantum risks without waiting for a hard fork. Summary Nico says Ethereum accounts can start quantum protection now without waiting for protocol changes. SPHINCS- aims to verify post-quantum signatures on Ethereum at practical on-chain costs for wallets. Ethereum’s roadmap already names…
Robert Kiyosaki has again urged followers to move away from cash and into hard assets. Summary Robert Kiyosaki renewed his cash warning while promoting gold, silver, Bitcoin, and Ethereum as alternative assets. Bitcoin and Ethereum remain under pressure after June’s selloff, ETF outflows, and broader macro stress. Market attention continues to rise on growing fear,…
Ethereum has rebounded above $1,700 as easing geopolitical tensions and renewed whale accumulation raise hopes that the second-largest cryptocurrency could break out of its multi-week bearish structure. Summary Ethereum climbed nearly 4% above $1,720 as easing geopolitical tensions and whale accumulation boosted market sentiment. A breakout from a symmetrical triangle and improving momentum indicators have…
BitMine Immersion Technologies said its Ethereum holdings reached 5,620,754 ETH as of June 14, bringing the company closer to its goal of owning 5% of the total ETH supply. Summary BitMine now holds 5.62 million ETH, equal to 4.66% of total Ethereum supply today overall. The company says staked ETH stands at 4.72 million, supporting…
