BitMine Loads Up on $60M in Ethereum While Staring Down Billions in Losses
BitMine just threw another $60 million at Ethereum. Bold move for a company sitting on $4 billion in paper losses. The corporate crypto giant acquired 21,537 ETH tokens on
BitMine just threw another $60 million at Ethereum. Bold move for a company sitting on $4 billion in paper losses. The corporate crypto giant acquired 21,537 ETH tokens on
Dogecoin’s been bleeding for weeks. Now a new ETF is about to test whether hype can overcome bearish momentum. The meme coin sits at $0.143, trapped below resistance after
Privacy tokens crushed the market this year while everything else bled. Zcash exploded 700% since October. DASH jumped nearly 200%. Most altcoins? They’re still underwater.
Zcash survived a brutal market selloff that wiped out $2 billion in liquidations. Most altcoins collapsed. ZEC barely flinched.
Crypto exchange Phemex just announced a massive anniversary bash. The twist? Instead of champagne and cake, they’re distributing $6 million across five different trading venues.
Nvidia just posted record earnings. But the smartest money on Wall Street is running for the exit. The company reported $57 billion in revenue and nearly $32 billion in profit.
BitMine just learned an expensive lesson about putting all your eggs in one crypto basket. The company now sits on over $4 billion in unrealized losses from its massive Ethereum
Nearly $4 billion in Bitcoin and Ethereum options contracts expire today. Yet traders refuse to abandon their bullish bets despite brutal price drops this week.
Japan just dropped its biggest economic bomb since COVID-19. On November 21, the cabinet approved a massive 21.3 trillion yen stimulus package worth $135.5 billion.
Ethereum just lost a critical support level. Worse, the biggest holders aren’t stepping in to catch the fall. For the first time in four months, ETH dropped under $3,000. Now