BitMine is strengthening its position as the world’s largest corporate Ethereum treasury holder as market volatility continues. Summary BitMine has added 27,316 ETH worth $113 million to its treasury, lifting its total Ethereum holdings to 3.31 million ETH valued at over $13.3 billion. Chairman Tom Lee links BitMine’s aggressive buying strategy to improving global macro…
Ethereum’s Fusaka upgrade has gone live on the network’s final testnet, Hoodi, as developers prepare for the mainnet launch slated for December. Summary Ethereum’s Fusaka upgrade was successfully activated on the Hoodi testnet on Oct. 29. Fusaka’s phased mainnet rollout is scheduled to begin on Dec. 3. According to the team at Nethermind, an Ethereum…
Maja Vujinovic, CEO of FG Nexus, explains why institutions will have to tap into Ethereum or other public chains. Summary Blockchain adoption will cause both disruption and consolidation in finance The industry will see major structural changes, says FG Nexus CEO Maja Vujinovic Banks and institutions will be forced to tap into public chains for…
SharpLink is executing a complex treasury strategy that moves beyond simple staking. Its capital will flow through Consensys’ Layer 2 to EigenLayer, actively securing new services like verifiable AI and generating yield. Summary SharpLink will deploy $200 million in ETH to Linea via ether.fi and EigenCloud to unlock institutional restaking yields. The move supports new…
Ethereum treasury company ETHZilla has sold roughly $40 million worth of ETH from its treasury to support a share buyback program as it looks to narrow the gap between its stock price and net asset value. Summary ETHZilla sold $40 million in ETH to fund share buybacks. Around 600,000 shares were repurchased for $12 million….
ETH price is testing a crucial support level after carving out a bullish reversal pattern. Could a bounce from here put it back on track for a strong upward move? Summary ETH price is testing $4,100 support level after dropping from its Monday high. A double-bottom pattern has formed on the 4-hour chart. Technical indicators…
MegaETH continues to attract outsized capital commitments well beyond the sale’s $50 million cap, with bids approaching six times available supply and pushing the hypothetical fully diluted valuation close to $6 billion as accredited buyers fight for allocation. Summary MegaETH’s MEGA token auction reaches nearly $300 million in bids against a $50 million cap, implying…
On Oct. 27, Ethereum broke past $4,200 having surged by 7.12%. The token has been on an upward trend following institutional accumulation and geopolitical momentum. Summary Ethereum (ETH) has reclaimed bullish momentum, trading around $4,200 after breaking above the $4,000 psychological level, supported by strong technicals. Institutional accumulation and market optimism fueled by the easing…
SharpLink Gaming is back in focus as the company expands its Ethereum treasury amid renewed market optimism. Summary SharpLink Gaming purchased 19,271 ETH worth $78.3 million, boosting its total Ethereum treasury to over 859,000 ETH valued at more than $3.6 billion. Corporate treasuries now collectively hold 5.98 million ETH (around 4.94% of total supply), signaling…
After the biggest crypto deleveraging event in five years, Tom Lee, chairman of Bitmine Immersion Technologies, says the worst may be over — and a year-end rally could be in sight. The Oct. 10 liquidation, triggered in part by rising U.S.-China trade tensions, erased billions in leveraged positions across digital assets. “That was the biggest…
