Key Takeaways BitMine now holds 1.71 million ETH and 192 BTC, bringing its total crypto and cash assets to $8.8 billion. BitMine is the world’s largest ETH treasury and the second-largest global treasury overall, supported by major institutional investors. Share this article BitMine Immersion Technologies, the world’s biggest Ethereum treasury led by Thomas “Tom” Lee,…
Former BitMex CEO Arthur Hayes has shared bold targets for Hyperliquid, triggering a brief rally in the token’s price. Summary Hyperliquid (HYPE) rallied from $43 to $47.4 after Arthur Hayes shared a 126x price prediction. Hayes’ projections suggest HYPE could surpass $5,000 within the next three years. Hyperliquid has maintained positive momentum so far, and…
Bitcoin’s current upward movement feels unusually slow compared to past cycles. Experts attribute the current sluggishness in the market to the OG whales. Willy Woo, for one, believes this cohort of early investors has slowed BTC’s growth, as the market struggles to absorb their massive profit-taking. Bitcoin’s Sluggish Uptrend In his latest post, prominent on-chain…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Japan-based Metaplanet has added more Bitcoin to its reserves this week, spending over $11 million to acquire 103 BTC. The company confirmed the move in a recent disclosure, stating the purchase was executed at an average price of $113,491 per coin. Total…
US President Donald Trump signed an executive order on Aug. 7, allowing crypto in 401(k) retirement plans. The crypto industry has called the move a win for adoption, but investment professionals warn it comes with significant risk. The order “Democratizing Access to Alternative Assets for 401(k) Investors” directed US financial regulators to expand access to…
Key Takeaways Bitcoin held steady near $114K following the release of the July Fed minutes. Officials highlighted that tariffs are driving inflation higher as more companies are passing costs on to customers. Share this article Bitcoin traded near $114K Wednesday as Federal Reserve minutes from the July meeting underscored inflation concerns, tariff effects, and new…
Blockchain messaging protocol LayerZero has secured the $110 million acquisition of cross-chain platform Stargate after a heated, last-minute bidding war. Summary LayerZero won Stargate’s $110M acquisition with 95% DAO approval. Stargate stakers to receive 50% of revenue; rest goes to ZRO buybacks. Community chose LayerZero over rival bids from Wormhole, Axelar, and Across. With one…
Crypto markets were boosted late last week after Fed chair Jerome Powell signaled a potential change in monetary policy; however, some of that momentum has waned on Monday morning. While Powell didn’t commit to rate cuts outright, he acknowledged that the balance of risks was shifting in a way that “may warrant” less restrictive monetary…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin and the crypto market witnessed significant volatility on Friday, August 22, rallying hard on the back of the Federal Reserve Chair Jerome Powell’s speech at Jackson Hole. Powell suggested a possible shift in the US policy direction, hinting that the…
Blockchain messaging protocol LayerZero has won the bid to acquire crypto protocol Stargate after a shaky first offer and a late four-way bidding war. Stargate’s community voted on Sunday with a 95% majority to greenlight the LayerZero Foundation’s $110 million acquisition proposal, which it amended after holders of the Stargate (STG) token said the original…
