by Michael
Key TakeawaysBitmine’s latest purchase takes its total holdings to 5.93M ETH, worth $14.8B.With 85% staked, Bitmine could earn about $330M yearly while tightening ETH’s liquid supply.Investors will watch whether institutional demand amplifies Bitmine’s concentrated...
by Michael
Key TakeawaysRobinhood takes minority stakes in Crypto.com and OG.com, priced at a $20B valuation.Football event contracts start routing to OG.com’s CFTC-regulated exchange on Sept. 8.Robinhood’s event contract revenue hit a record $156 million in the second quarter....
by Michael
Key TakeawaysCZ says bitcoin could overtake gold by the next bull run, with the valuation gap near 10x.Bitcoin’s gold correlation rose to 0.57 as its Nasdaq-100 link fell, strengthening the digital-gold case.Sovereign reserve adoption could determine whether bitcoin...
by Michael
Key TakeawaysBitcoin briefly dipped below $78,000 on Tuesday, hitting a daily low of $77,603 before recovering to $78,600.Volatility triggered $264 million in total crypto liquidations, wiping out $79 million in bitcoin positions.Markets await August PPI and CPI...
by Michael
Key TakeawaysLiquid Network got hit for nearly 4,000 BTC, but the white hats sent 3,400 BTC back on Monday.Bitcoin’s blockchain got pretty noisy after the Sept. 6 exploit, with dust messages, meme coin shills and scams piling in.Blockstream is still talking with the... Translate »