Ethereum Becomes Wall Street’s Preferred Token Ethereum is becoming the blockchain of choice for Wall Street. VanEck CEO Jan van Eck thinks so. He manages a $132 billion asset fund. He calls Ethereum the “Wall Street token.” He says financial firms will build on Ethereum. He is not the only one. Wall Street strategist Tom…
A Dormant Ethereum Whale Awakens to Buy the Dip In the dynamic world of cryptocurrency, the movements of large holders, known as “whales,” are often seen as powerful indicators of market sentiment. Recently, a significant event has sent ripples of bullish chatter throughout the Ethereum community. A whale wallet that had been dormant for four…
The Race to a One Million Ethereum Milestone In a significant milestone for the cryptocurrency market, BitMine has officially become the first corporate treasury to hold more than 1 million Ethereum (ETH). The company’s holdings surged to 1.17 million ETH on August 15, with a value exceeding $5 billion at current market prices. This achievement…
Wall Street’s Bullish Bet on Ethereum The price of Ethereum (ETH) is surging, with the cryptocurrency now trading near its 2021 record levels. This rally is being fueled by a growing bullish sentiment on Wall Street, with some experts calling Ethereum the “biggest macro trade over the next 10-15 years.” This is a significant shift,…
A Bold Bet on Ethereum’s Future In a move that signals a new level of institutional confidence in cryptocurrency, BitMine, one of the largest corporate Ethereum (ETH) holders, has announced an ambitious plan to raise a staggering $24.5 billion through a new stock sale. The proceeds from this sale will be used to significantly expand…
The Meteoric Rise of BitMine Immersion In a stunning display of strategic capital allocation, BitMine Immersion Technologies has ascended to the top of the corporate Ethereum holdings leaderboard. The company, which began its Ethereum acquisition strategy just over a month ago, now holds a massive 833,137 ETH. This substantial treasury, valued at over $2.9 billion,…
Ethereum’s Unstaking Phenomenon Explained The cryptocurrency market has recently witnessed a significant surge in Ethereum (ETH) unstaking volume, a development that has captured the attention of analysts and investors alike. This phenomenon refers to the process where ETH previously locked up in staking contracts, typically to secure the Ethereum network and earn rewards, is now…
LAS VEGAS – BitMine Immersion Technologies, Inc. (NYSE AMERICAN: BMNR), a company focused on Bitcoin and Ethereum network operations, announced today that its holdings of Ethereum (ETH) and ETH equivalents have surpassed $1 billion. This significant milestone comes just seven days after the company closed its initial $250 million private placement on July 8th, reflecting…
Ethereum Price Climbs to February Levels Ethereum’s price soared to $3,155, marking a 5.9% rise in 24 hours and over 20% in the past week. The surge reflects growing momentum in corporate ETH adoption, with short sellers losing $85.4 million due to the rally. The rise has reignited discussions on Ethereum’s long-term positioning in institutional…
