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Tom Lee’s BMNR ETH holdings exceed 4.1 million tokens

Bitmine Immersion Technologies (BMNR) said its combined crypto, cash and higher-risk “moonshot” investments reached $13.2 billion, driven by an ether. ETH$3,017.33 position which now totals more than 4.1 million tokens. In a press release on Monday, the company said these holdings made it the world’s largest public ether hoard and placed it second in the […]

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Polkadot (DOT) Falls as Token Underperforms Broader Crypto Markets

POINT$1.8901 fell 2% to $1.84 in the last 24 hours. Trading volumes were 7.8% above the seven-day moving average at 7.76 million tokens, according to CoinDesk Research’s technical analysis model. The model showed that DOT’s movement occurred without clear fundamental catalysts, as technical factors dominated price action. The token has underperformed the broader crypto market.

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MSTR tops up on BTC and acquires another 1,229 BTC for $109 million

Strategy (MSTR), the largest publicly traded bitcoin holder BTC$87,240.61resumed its purchases after increasing its US dollar reserves to $2.2 billion the previous week. The company acquired 1,229 bitcoins last week for $108.8 million, at an average price of $88,568 per coin, according to a filing Monday morning. Total holdings increased to 672,497 BTC, acquired for

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Sberbank issues first Russian Bitcoin-backed loan in pilot deal

Sberbank, Russia’s second-largest bank, has made the country’s first bitcoin-backed loan to one of its largest bitcoin miners, calling the deal a pilot and suggesting it wants to issue more in the future. “We believe this product will be relevant not only for cryptocurrency miners, but also for businesses that own cryptocurrencies,” the bank said

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Bitcoin price reverses early gains as Nasdaq futures wilt

Bitcoin BTC$87,605.70 has reversed gains made earlier in Asia, disrupting nascent recoveries in major alternative cryptocurrencies. The leading cryptocurrency by market value fell below $88,000, after surpassing $90,000, according to CoinDesk data. Top altcoins including XRP$1.8757ether ETH$2,962.24Solana GROUND$125.12 And DOGE$0.1251 also retraced their dances. The CoinDesk 20 Index (CD20) is back at 2,726, roughly where

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South Korean financial group Mirae Asset eyes acquisition of cryptocurrency exchange Korbit: report

Mirae Asset, a Seoul-based financial group, is considering buying South Korean cryptocurrency exchange Korbit, The Korea Times reported Monday. The company is in talks to acquire 92% of Korbit for up to 140 billion won ($97 million), according to the report, which cited industry officials. Mirae Asset, which offers asset management, wealth management, investment banking

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Large bitcoin holders were the main buyers in the $80,000 range.

Bitcoin BTC$87,903.16 whales, or holders of at least 1,000 BTC, have been the dominant buyers since the price of the largest cryptocurrency bottomed near $80,000 in late November, according to Glassnode data. They remain the most powerful accumulators, with bitcoin trading just below $90,000. According to Glassnode data, the 1,000-10,000 BTC cohort is the only

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Tokenized Silver Volumes Explode as Metal Price Hits Record

Interest in silver is spreading across tokenized markets, with on-chain trading volumes increasing alongside futures and exchange-traded fund (ETF) activity, as the metal experiences volatility after hitting successive record highs throughout the month. Data from RWA.xyz shows that monthly transfer volume for its tokenized version of the iShares Silver Trust (SLV) has jumped more than

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Ripple-Linked XRP, Cardano Need to Prove They’re Useful Beyond Just Fans, Says Mike Novogratz

XRP Ripple-Linked Payment Token and Smart Contracts Platform ADA$0.3758 must demonstrate true utility beyond loyal communities as the cryptocurrency market shifts from hyped narratives to fundamentals-driven assets, Galaxy Digital founder and CEO Mike Novogratz said in a recent interview. “Can Ripple hold up? Can Cardano hold up?” Novogratz said Friday in a conversation with Galaxy

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