TLDR: BitMine holds over 4.24 million ETH, facing a $6 billion unrealized loss as Ethereum trades below acquisition cost. Ethereum currently trades near $2,300, about 40% below BitMine’s average purchase price of roughly $3,800 per […]
BitMine Immersion Technologies, a publicly traded cryptocurrency treasury company linked to investor Tom Lee, is carrying significant unrealized losses on its Ether holdings following the latest wave of market liquidations, underscoring the risks facing crypto […]
TLDR Bit Digital has decided to exit Bitcoin mining and refocus on Ethereum and AI infrastructure. Ethereum becomes a core part of Bit Digital’s strategy, with over 150,000 ETH staked for rewards. AI infrastructure is […]
Ethereum (ETH) holds near $3,000 as institutions accumulate despite mixed short-term sentiment. Strong staking, wallet growth, and ETF inflows support Ethereum’s price floor. ERC-8004 could unlock AI-driven on-chain demand and long-term ETH value. Ethereum is […]
An Ethereum smart contract standard enabling trustless artificial intelligence agent communication on the network is “probably” going to be deployed on mainnet on Thursday, according to Marco De Rossi, head of AI at MetaMask. Further […]
TLDR Ethereum ETFs recorded a $116.99 million daily net inflow, with total net assets reaching $17.62 billion. FETH led all ETFs with a $137.24 million inflow, adding 47.11K ETH in a single day. ETHA posted […]
The Ethereum treasury company ETHZilla has purchased two jet engines after selling off some of its crypto stash and increasing its focus on asset tokenization. ETHZilla said in a regulatory filing on Friday that it […]
TLDR: Ethereum enables art that exists fully on the blockchain, requiring network participation to function. CryptoPunks and Autoglyphs showcase protocol-first design, making the network itself the medium. Ownership and value are determined by consensus, not […]
CCA runs fully on-chain auctions that clear bids block by block for gradual price discovery. After auctions end, liquidity is automatically added to a Uniswap v4 pool at the final cleared price. The model aims […]
The world’s biggest global wealth manager, UBS, is reportedly exploring a move to open crypto trading to its wealthiest clients. Bloomberg reported Friday, citing a person familiar with the matter, that the Swiss banking giant […]
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