BitMine Welcomes New Leadership Amid Record Ether Accumulation BitMine, already dominating headlines for its aggressive accumulation of Ether (ETH), has announced the appointment of a new CEO this week. The move comes as the company’s Ether reserves have skyrocketed to roughly $11 billion, cementing BitMine’s status as the world’s largest corporate holder of ETH. Why…
Interest Rate Cut in December Now Unlikely, Investors Say The buzz around a U.S. interest rate cut this December is starting to cool off. According to a recent report by Cointelegraph, less than half of investors now anticipate the Federal Reserve will slash its key rate by 25 basis points next month—a sharp drop from…
Binance and BlackRock’s BUIDL: A Major Move Toward Tokenized Treasury Adoption In a significant development for Binance and institutional crypto market players, Binance is now accepting BlackRock’s BUIDL fund as off-exchange collateral. This bold move signals the rapid growth of tokenized real-world assets (RWAs) in the crypto trading ecosystem as traditional finance tools become more…
Crypto in 2025: Headed for a Crash or Poised for Progress? Cryptocurrency is once again at a crossroads, with questions flying as the industry braces for 2025. Some believe it could be a repeat—or even worse—than the notorious crypto winter of 2022. Others say the current shake-up is just the beginning of bigger and better…
Bitcoin Miners Hit Hard as Market Volatility Continues The Bitcoin mining industry faced a sharp setback this week as major mining stocks plummeted by 20% to 50%, wiping out billions in market value. This dramatic slump closely followed Bitcoin’s own pullback from recent price highs, highlighting the sector’s vulnerability to the world’s most popular cryptocurrency’s…
BitMine Immersion Welcomes New CEO Chi Tsang for the Next Phase of Growth The cryptocurrency sector just witnessed a significant leadership shake-up: BitMine Immersion, a company pioneering Ethereum-based treasury solutions, has announced the appointment of seasoned finance executive Chi Tsang as its new Chief Executive Officer. The move comes as the firm, founded by veteran…
ARK Invest Doubles Down on Crypto, Grabs $8.7M of BitMine and Bullish Shares Amid Market Dip Despite a cooling crypto market, ARK Invest—the innovative investment management firm led by Cathie Wood—has boldly increased its exposure to the digital asset sector. According to a recent report from Cointelegraph, ARK Invest snapped up $5.8 million worth of…
Bitcoin (BTC) might have only slipped a few percentage points in its latest downturn, but the mood among investors is painting a far bleaker picture. Despite not being the biggest crash we’ve seen in this cycle, the current market sentiment is now approaching its lowest point since March, according to Cointelegraph. What’s Happening with BTC…
Bitcoin ETFs See Second-Largest Outflows in History as Altcoin ETFs Show Resilience Since October 10th, the world of Bitcoin exchange-traded funds (ETFs) has faced a financial shake-up. Investors have pulled out over $3.43 billion from Bitcoin ETFs, signaling increased volatility and uncertainty in the crypto sphere. This past Thursday alone, Bitcoin ETFs reported a staggering…
Canary’s XRP ETF Breaks New Ground With $58 Million Launch Day Volume The much-anticipated Canary Assets took the spotlight in the crypto markets this week, launching its XRP exchange-traded fund (ETF) with an impressive $58 million in trading volume on its very first day. This debut makes Canary’s XRP ETF the frontrunner among new 2025…
