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Shiba Inu price faces pressure as trading volume nears zeroSHIB is not doing that well, and volumes are close to hitting near-zero values, which can essentially halt the rally.Market stagnation. SHIB continues to struggle as trading activity on major exchanges dries upWith trading activity drying up…
BitMine Immersion Technologies has expanded its Ethereum holdings once again, purchasing an additional 82,300 ETH over the past week and lifting its total crypto and cash assets to $13.7 billion as of November 2. The latest accumulation cements BitMine’s position as the world’s largest corporate hol…
Tom Lee says Ethereum can overtake Bitcoin—“flip” it—by playing for dollar-dominance in a world of tokenized assets, even as he remains emphatically bullish on Bitcoin’s monetary role and long-term price.In a podcast exchange with Cathie Wood, Lee framed the coming competition through a 1971-style l…
Key takeaways:Retail traders hold 94% long positions on Ether, often a contrarian indicator.ETH funding on Binance remains healthy, with leverage moderate and not euphoric.BitMine continues accumulating with over 300,000 ETH added to the reserve this week. Ether (ETH) continues to trade below the cr…
Tom Lee, chairman of BitMine, appeared on Fortune, warning that the bubble surrounding digital asset treasuries may have already burst. He did not soften his message, describing the structure as one in which companies are now worth less than the coins they are supposed to represent — a situation he …
BitMine chair Tom Lee and BitMEX co-founder Arthur Hayes are holding strong on their prediction that Ether will hit $10,000 this year, despite a recent crypto crash, and there being less than three months left on the clock.“For Ethereum, somewhere between [$10,000] and $12,000,” Lee said on the Bank…
Tom Lee-chaired Ethereum treasury company BitMine Immersion said its holdings have now surpassed 2.65 million ETH — worth around $10.8 billion — following its latest weekly acquisitions.BitMine bought approximately 234,846 ETH ($961.5 million) since its last update on Sept. 22, reporting its total c…
0740 GMT - Bitcoin rises as it recovers from recent falls. However, it'sat risk of turning lower again in the absence of any major near-term catalysts to propel the cryptocurrency materially higher, Deus X Pay director of trading James Madden says in a note. "The longer bitcoin trades without a defi…
Mechanism Capital co-founder Andrew Kang escalated his critique of Tom Lee’s latest Ethereum investment case with an unusually blunt tirade on X, interlacing his rebuttal with a series of sharply worded assertions and data-driven claims. “Tom Lee’s ETH thesis is one of the most retarded combinations…
Bitcoin (BTC), the leading cryptocurrency, has experienced a notable decline, erasing the gains it achieved following the recent decision by the US Federal Reserve (Fed) to cut interest rates. After soaring to nearly $118,000—just 5% shy of its all-time high—the market has faced renewed uncertainty.…
Bitcoin and Ethereum could be on the verge of a dramatic rally if the Federal Reserve moves ahead with its long-anticipated rate cut this week, according to Tom Lee, chairman of Ethereum treasury BitMine.Speaking to , Lee said that digital assets stand out among sectors most sensitive to liquidity w…
Consensys founder Joseph Lubin says massive Wall Street adoption of Ethereum will eventually see Ether (ETH) surge by 100 times and flip Bitcoin as a “monetary base.” In an X post on Saturday, the Ethereum co-founder said that Wall Street will stake Ether because they currently pay for their infrast…