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BitMine (BMNR) purchased 97K in ETH ahead of Fusaka upgrade

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BitMine Immersion Technologies (BMNR), the Ethereum-focused crypto treasury company led by Thomas Lee of Fundstrat, said Monday that it has acquired 96,798 in ether. ETH$2,822.31 Last week, it continued its buying spree as digital asset hoards remain under pressure due to falling crypto prices. The latest purchase brought the company’s total ETH holdings to 3.73 […]

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Strategy (MSTR) Remains Leading Bitcoin (BTC) Price Proxy, Benchmark Says, Dismissing ‘Doom’ Narrative

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Wall Street broker Benchmark said Bitcoin BTC$86,563.37 The price pullback has reignited the usual alarms about the survival of treasury firm Bitcoin Strategy (MSTR), concerns it dismisses as noise that surfaces whenever the cryptocurrency falls. In a report published Monday, analyst Mark Palmer claimed that critics were confusing short-term moves with real solvency risk, overlooking

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Gleec buys Komodo’s cross-chain DeFi stack in $23.5 million deal

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Gleec has acquired the entire Komodo platform ecosystem in a $23.5 million deal, bringing one of the first crypto atomic and cross-chain swap technology stacks under the umbrella of a licensed financial services provider, the digital assets platform announced in a press release on Monday. The purchase includes the Komodo brand, technology suite, token infrastructure

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BOJ’s hawkish comments spur sharp drop in Bitcoin prices

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The crypto market was reeling on Monday after a massive sell-off occurred minutes after CME’s bitcoin. BTC$85,818.62 futures markets opened. As a result, the CoinDesk 20 Index (CD20) is down 5.98% over the past 24 hours. The nervousness can be attributed to the low-liquidity trading environment for cryptocurrencies, which has still not recovered from October’s

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Japan to reduce crypto tax burden with planned uniform rate of 20% to boost local BTC traders

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Japan is preparing to overhaul how it taxes cryptocurrency gains, moving toward a flat 20% levy that would bring digital assets in line with stocks and investment trusts, according to Nikkei. The change marks the country’s most significant policy update for the sector in years and reflects a growing view among regulators that crypto has

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Ethereum Fusaka Upgrade, Grayscale Chainlink Trust: The Crypto Week Ahead

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Ethereum developers are preparing for the second network upgrade of 2025 to go live on the blockchain’s mainnet on Wednesday. Fusaka – a mix of the names Fulu + Osaka – consists of two upgrades performed simultaneously on the consensus and execution layers of Ethereum. The goal of the upgrade is to enable Ethereum to

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HashKey dominates Hong Kong crypto market as losses deepen ahead of IPO

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HashKey has become Hong Kong’s largest licensed crypto exchange, but its IPO filing reveals a company is paying a lot for the position. According to filings with the Hong Kong Stock Exchange on Monday, HashKey processed a trading volume of 638.4 billion Hong Kong dollars (about $82 billion) in 2024, about double the previous year,

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