As Ethereum (ETH) retests a crucial support zone, Bitmine, the second-largest crypto treasury, has announced its latest ETH purchase, which pushed the company’s holdings closer to its ultimate goal. Related Reading Bitmine Reaches Major 4% ETH Milestone On Monday, the largest Ethereum treasury in the world, Bitmine Immersion Technologies, revealed it had reached a major…
On Tuesday, the Ethereum price experienced a notable surge, climbing by 6.5% and reclaiming the critical $3,300 mark for the first time in nearly a month. This has allowed Ethereum to outpace its peers among the top ten cryptocurrencies by market capitalization, showcasing a nearly 12% recovery for the leading altcoin over the past week.…
Fundstrat co-founder Tom Lee says Ethereum is nearing a cyclical low, arguing that on-chain fundamentals and relative valuation versus Bitcoin indicate that ETH is “pretty close to bottoming this week.” “Personally, I think that we’re pretty close to bottoming this week,” Lee told CNBC, linking the current drawdown to a broader crypto correction that began…
Tom Lee—long known for bullish takes—says crypto prices may be close to their floor. According to his comments on TV, he sees signs that buying pressure could return if the economic and on-chain backdrop holds. Related Reading During an interview on CNBC, Lee, Fundstrat’s head of research, said the current market setup could improve as…
Across global markets, Ethereum has emerged as one of the most heavily shorted assets, a positioning that reflects more than simple bearish sentiment. It signals a growing divergence between market expectations and ETH’s long-term fundamentals, placing the asset at the center of an increasingly complex macro and structural narrative. How Ethereum Short Interest Now Rivals…
A recent report discussed how Digital Asset Treasury (DAT) companies like BitMine and Strategy are sitting on billions of dollars of unrealized profits as Ethereum (ETH) and Bitcoin (BTC) lose crucial support levels. Related Reading DATs To Face ‘Increasing Scrutiny’ On Thursday, crypto insights company 10x Research reported that the largest Ethereum Treasury company, BitMine…
As the Ethereum (ETH) price retests a crucial support zone, BitMine revealed it has added another $110 million worth of ETH to its treasury holdings over the past week, approaching an important milestone for the company’s investment strategy. Related Reading BitMine’s Ethereum Bet Continues On Tuesday, BitMine, a Bitcoin and Ethereum Network Company with a…
Ethereum is holding above the $2,000 level as selling pressure begins to build again, placing the market in a fragile position after recent recovery attempts. While price has managed to remain above this key psychological threshold, momentum is weakening, with sellers increasingly active on short-term rallies. Related Reading At the same time, structural developments beneath…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
Industry leader Tom Lee has shared how the Ethereum price could reach $12,000 within the next few months. He based his prediction on the Bitcoin price action and how ETH could match the flagship crypto on a potential run to the upside. Tom Lee Explains How The Ethereum Price Could Rally To $12,000 Speaking at…