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Source: Cryip News Agency
13 hours ago
Cryptocurrency Medium Importance AI Analyzed

BitMine Adds 27,562 More Ether, Closing In On 5% of the Entire Supply

BitMine Immersion Technologies bought 27,562 more ether this week, worth roughly $75 million at the time of purchase, pushing its total holdings to close to 5.98 million ETH. That is near 5% of Ethereum's circulating supply of approximately 120 million coins, a concentration level that puts a single public company in position to hold a meaningful share of one of crypto's two largest networks.

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Source: Cryip
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Source: Crypto Economy News Agency
13 hours ago
Cryptocurrency Medium Importance

Bitmine Accumulates $75 Million Ethereum Chairman Signals Institutional Upside

Bitmine purchased 27,562 ETH worth roughly $75 million, lifting its holdings to 5.98 million ETH, or about 4.9% of Ethereum's total supply. Chairman Tom Lee said institutions remain underweight crypto and expects stronger exposure during the final quarter as Ethereum continues outperforming major traditional assets.

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Source: Crypto Economy
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Source: Cryptonews News Agency
13 hours ago
Cryptocurrency Medium Importance AI Analyzed

Perplexity AI Predicts Weak XRP Price by 2027: Bull Run Canceled?

The Silicon Valley-based Perplexity AI predicts XRP could have a tame Q4, saying it believes the token will only hit $3.25 by January 1, 2027. This prediction comes as other AI models and analysts call for XRP to trade $7-10 by the end of the year.XRP currently trades near $1.

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Source: Cryptonews
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Source: Cryip News Agency
13 hours ago
Cryptocurrency Medium Importance AI Analyzed

Bitcoin Clears $85,000 and Reclaims a Signal It Had Not Held in 45 Weeks

Bitcoin traded above $85,000 this week, its highest level in about eight months, and closed a full week above its 50-week moving average for the first time in 45 weeks. The price is tracked directly on CoinMarketCap's own bitcoin page, which aggregates trading data across major exchanges rather than relying on any single venue's quote.

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Source: Cryip
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Source: Crypto Briefing News Agency
13 hours ago
Cryptocurrency Medium Importance

SparkLend absorbs 88,320 ETH from tracked whale wallets as big money bets on conservative DeFi

Whale investments in SparkLend highlight a shift towards safer DeFi options, potentially influencing future risk management and platform trust. SparkLend absorbs 88,320 ETH from tracked whale wallets as big money bets on conservative DeFi.

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Source: Crypto Briefing
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Source: Crypto Economy News Agency
13 hours ago
Cryptocurrency Medium Importance

Strive Snaps Up 1,355 BTC with Bitcoin Price Surging Past $85K

Strive purchased 1,355 BTC for $107.7 million at an average price of $79,475, raising its total Bitcoin holdings to 26,355 BTC. The company said warrant exercises generated $21.2 million in gross proceeds, while 57.7% of total capital raised came from SATA when those proceeds were included.

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Source: CryptoSlate News Agency
13 hours ago
Cryptocurrency Medium Importance

Strategy and Strive buy $183 million in Bitcoin as $85,000 rally revives treasury trade

Bitcoin treasury companies Strategy and Strive bought about $183 million of BTC last week as the cryptocurrency's rebound helped corporate balance sheets recover losses. Strategy Inc., the largest corporate holder of Bitcoin, acquired 950 BTC for $75.7 million between Sept.

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Source: Crypto news News Agency
13 hours ago
Cryptocurrency Medium Importance

Strategy buys 950 Bitcoin for $75.7M after pause

Strategy has purchased 950 Bitcoin for $75.7 million, taking its holdings to 846,000 BTC after two weeks without buying or selling the asset. Strategy has added 950 Bitcoin using cash Strategy's Sep. 21 Form 8-K, filed with the U.S.

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Source: Crypto Briefing News Agency
13 hours ago
Cryptocurrency Medium Importance AI Analyzed

Strategy purchases $76M in Bitcoin for first time in three weeks

Strategy Inc.'s renewed Bitcoin investment underscores its commitment to cryptocurrency, potentially influencing market dynamics and corporate strategies. Strategy purchases $76M in Bitcoin for first time in three weeks.

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Source: Cryptopolitan News Agency
13 hours ago
Cryptocurrency Medium Importance AI Analyzed

Tom Lee's Bitmine reaches 4.9% of ETH target as crypto and cash assets reach $17.1B

Bitmine Immersion Technologies (NYSE: BMNR) has announced that its Ethereum holdings have grown to 5.98 million tokens. The company's combined crypto and cash holdings now stand at $17.1 billion, with the Tom Lee-chaired treasury firm just short of controlling 5% of Ether's supply.

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