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BitMine’s massive crypto holdings highlight Ethereum’s potential to reshape financial systems, attracting institutional interest and market influence. The post Tom Lee’s Ethereum treasury BitMine now holds $8 billion in Ether and Bitcoin appeared first on Crypto Briefing....

After a few more modest acquisitions, the Michael Saylor-co-founded company is back with bigger purchases, this time spending over $340 million to expand its bitcoin holdings by 3,081 BTC. Consequently, Strategy’s total stash has grown to 632,457 BTC, acquired for $46.5 billion at an average price of $73,527 per...

Believe it or not, Bitcoin’s volatility has hit a five-year low, even as its price rockets to new highs and then takes a breather. The world’s first crypto is starting to act a lot more grown-up. The crazy price swings that it was famous for are now a thing...

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Tom Lee’s pivot to Ethereum continues in full force as his BitMine Immersion Technologies has made another big splash by spending $800 million in a week to accumulate more of the world’s second-largest cryptocurrency. The firm’s crypto stash has grown to over $8 billion, placing it in second position,...

Digital asset investment products saw $3.75 billion in inflows last week, the fourth-largest on record, propelling total assets under management (AuM) to a new peak of $244 billion, according to CoinShares. What Happened: The surge reflects a strong rebound in investor sentiment after weeks of muted flows, with nearly...

Ethereum surged to a new record high on August 24th as it surpassed $4,950 to break its previous ATH set in late 2021. Despite the subsequent weekend volatility leading to a nearly 4% pullback, ETH remains strong, especially when compared to BTC, as it sits above $4,500. Interestingly, Binance...

Galaxy Digital (NASDAQ:GLXY), Multicoin Capital, and Jump Crypto are in discussions with investors to raise approximately $1 billion for a Solana (CRYPTO: SOL)-focused treasury vehicle. What Happened: The initiative, which would become the largest dedicated reserve for the token, is being structured with Cantor Fitzgerald LP as lead banker,...