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BitMine Immersion Technologies (BMNR) made its largest weekly purchase of either (ETH) this year, adding 71,179 ETH and extending a month-long ramp-up in buying even as crypto prices remain under pressure.The purchase, worth roughly $143 million at current prices, lifted the company’s total holdings to over 4.73 million ETH, about 3.92% of the token’s supply, according to a Monday update. BitMine has now increased its buying pace for four straight weeks, stepping up from a prior average of 45,000 to 50,000 ETH. The move stands out as most other large digital asset treasuries (DAT) halted crypto accumulation or even sold…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Wall Street’s recent buying activity in XRP has drawn growing attention, but the reality may be more nuanced than headlines suggest. While some major institutions have taken positions in XRP-related investment products, the timing, scale and structure of these holdings indicate that they may be waiting for a broader trigger before committing fully to the market. Limited XRP Positions Suggest Wall Street’s Caution, Not Full Commitment Recent figures, as posted by @pumpius on X, indicate that several high-profile financial firms have established exposure to XRP, primarily through…
Capital B secures €2.8M and converts OCA B-01 bonds into shares, advancing its Bitcoin Treasury Company strategy on Euronext Growth Paris. Capital B, listed on Euronext Growth Paris under ticker ALCPB, has announced a €2.8 million capital raise. The move is part of its growing Bitcoin Treasury Company strategy. Alongside the fundraise, the company confirmed the conversion of 19,917,972 OCA B-01 convertible bonds held by two key investors. Moreover, Blockstream Capital Holdings and UTXO Management triggered the conversions following amendments to the bond terms. Blockstream and UTXO Management Convert OCA B-01 Bonds Into Shares Blockstream Capital Holdings converted 17,897,600 OCA…
Lido DAO proposed spending up to 10,000 stETH to buy its own governance token at what it calls a historically depressed valuation. That works out to roughly $20 million at current ether prices near $2,000.The problem is where to spend it.Onchain LDO liquidity sits at about $90,000 of depth at plus-or-minus 2%, according to the proposal posted by the Lido Ecosystem Operations team over the weekend. The market depth measure means a transaction of that value could move the token’s price by as much as 2%. A single 1,000 stETH batch executed onchain would blow through available liquidity multiple times…
CoinDCX founders were arrested over a fake-site fraud. See how their ₹100 crore Digital Suraksha Network plans to fight crypto scams. CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal faced an unexpected legal crisis in March. A Mumbra police team flew to Bengaluru on March 21 and detained both men. The arrest stemmed from a ₹71.6 lakh fraud complaint tied to a fake website, coindcx.pro. This site had no link to their actual platform, coindcx.com. Three days later, a Thane court granted bail, finding no case against the founders. Related Reading: ₹71L CoinDCX Fraud Case Turns, Court Finds No Link to…
Prospects of interest rate rises are no longer just the U.S. story. Traders are now betting the Bank of Japan (BoJ) could tighten too as the resource-scarce nation faces inflation risks from the ongoing Iran war.Traders see a roughly 69% chance of the BoJ raising its benchmark borrowing cost at the April 28 meeting, according to data tracked by Bloomberg. Action in options tied to U.S. interest rates shows traders expect the Fed to raise borrowing costs in the coming weeks.BoJ’s policy meeting summary released Monday showed one member calling for a bigger rate hike in response to the conflict…
A top crypto think tank says the industry must secure congressional protections now or face aggressive enforcement in the future. Coin Center Executive Director Peter Van Valkenburgh warns it’s now been seven weeks since testimony from Treasury Secretary Scott Bessent, and Congress has yet to vote a market-structure bill out of the Senate Banking Committee or pass a version of CLARITY in the Senate. Without CLARITY, he says the DOJ would keep prosecuting developers of privacy tools under 18 U.S.C. § 1960 as unlicensed money transmitters. He says the SEC would also revoke existing crypto-friendly guidance, while Treasury and FinCEN…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Michael Saylor’s reputation for buying Bitcoin near local highs is less a timing flaw than a function of how the treasury model works, according to Metaplanet Director of Bitcoin Strategy Dylan LeClair. In an interview, LeClair argued that the apparent pattern reflects when capital markets are most open, not a deliberate effort to chase peaks. Why Saylor Keeps Buying The Bitcoin Top LeClair said the criticism misunderstands the mechanics behind Strategy’s buying. “The Bitcoin treasury model is very pro-cyclical,” he said. “So when times are good, generally…
XRP ETFs attracted $2.66M as Bitcoin and Ethereum funds lost over $500M, highlighting selective crypto accumulation trends. XRP stood out in a weak ETF week as institutional capital rotated across crypto funds. From March 23 to 27, U.S. spot XRP ETFs recorded $2.66 million in net inflows. During the same period, Bitcoin ETFs lost $296 million, while Ethereum products shed $207 million. Solana funds also posted smaller exits, pushing total crypto ETF outflows beyond $500 million. X account Crypto Town Hall highlighted the divergence, pointing to selective institutional positioning rather than broad capital flight. Related Reading: XRP at a Crossroads:…
By Omkar Godbole (All times ET unless indicated otherwise)The crypto market started the week on a positive note, but further gains may be limited as signs of fresh capital inflows remain weak.Ether (ETH) and solana (SOL) prices have risen over 3% since midnight UTC, with BTC up nearly 2% and XRP lagging at 1.5%. The CoinDesk 20 Index has gained 2% to 1,941 points.The demand side, however, appears weak. The 11 U.S.-listed spot bitcoin exchange-traded funds (ETFs) registered a net outflow of $296.18 million, snapping a four-week streak of inflows, according to data source SoSoValue. Ether ETFs bled over $200…