Under the guidance of Tom Lee, BitMine Immersion Technologies has approved an open-ended stock repurchase program of up to $1 billion. The plan supports the company’s shift toward increasing its Ethereum holdings. Through periodic buybacks of common shares, BitMine intends to…
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Ethereum Down 7.7% After US Hits 3 Iran Nuclear Sites?
Ethereum experienced a sharp decline over the weekend as U.S. bombers struck Iran’s three main nuclear sites at Fordow, Natanz, and Isfahan, while Bitcoin held relatively steady. The impact of the geopolitical escalation was confined to crypto markets, since traditional…
Ethereum skeptics doubt value as advocates dub digital oil
Since its conception in 2013 by a 19-year-old Vitalik Buterin, Ethereum has weathered an array of challenges and milestones, from the 2016 DAO hack to the landmark Merge upgrade in 2022. Today, as the world’s second-largest blockchain by market capitalization,…
Joe Lubin Credits Michael Saylor for Ether Treasury Strategy
In 2024, Joe Lubin began considering a new approach to managing digital assets after a discussion with Michael Saylor. The conversation focused on holding cryptocurrency as part of a company’s treasury. Over the next few months, Lubin and his team…
Ethereum Versus Bitcoin Why Is It Losing Ground Now?
Ethereum, launched in 2015 by Vitalik Buterin and his co-founders, has long been a cornerstone of blockchain innovation. As a platform known for introducing smart contracts and hosting decentralized applications (dApps), Ethereum positioned itself as a sophisticated alternative to Bitcoin.…
Ethereum Attracts $428 Million in ETF Inflows but What’s Next?
Ethereum has been gaining attention as it moves closer to reclaiming its previous highs. Following Bitcoin’s recent surge past $100,000, many investors are turning to Ethereum as a potential next step in the cryptocurrency market. With increasing interest in Ethereum-focused…
Will Ethereum 430% Layer 2 Growth Help or Hurt Its Ecosystem
Ethereum is navigating changes as Layer-2 networks take on more transactions, reducing activity and fees on the main chain. This shift has sparked concerns about its economic structure, especially as fee revenue plays a role in maintaining its token supply.…
Will Crypto See Bitcoin Reach 100K and Ethereum Surge?
Cryptocurrency markets are seeing renewed activity, drawing attention from traders, investors, and analysts around the world. Bitcoin, nearing a key price level, is at the center of this market growth, with signs that digital assets are moving closer to broader…
Is Ethereum ConsenSys Cutting 20% Staff Amid SEC Pressure?
In recent developments, ConsenSys, a significant software entity driving the Ethereum network, has encountered complex regulatory challenges. This article explores the company’s adjustments amidst a turbulent macroeconomic landscape and evolving cryptocurrency regulations, shedding light on its operational adjustments, regulatory encounters…
Ethereum Lags Bitcoin Amid Supply Issues and Memecoin Shift
Ether continues to face challenges in the current digital asset landscape. Despite being the second-largest cryptocurrency by market capitalization, Ether has struggled to match the growth and momentum of Bitcoin. This article delves into the recent performance of Ether, examining…