Tom Lee’s BitMine has purchased another $281 million of ETH, taking the concept of ‘buying the dip’ to a whole new level. When the market sold off, BitMine accumulated. The company’s total Ethereum holdings …
Supply
Mt. Gox trustees face a deadline on Oct. 31 to complete Base, Early lump-sum, and Intermediate repayments for Bitcoin creditors (BTC), with roughly 34,689 BTC still sitting in Mt. Gox-linked wallets as the clock …
- NFT & Metaverse
Bitcoin Exchange Supply Falls To 6-Year Low — A Signal To Buy The Dip?
by adminby adminBitcoin’s price decline continues as the crypto market adjusts following its recent all-time high. This has triggered renewed debate among investors: is this the ideal moment to buy the dip, or could more downside …
- Crypto Education
Citizens Sees Ether (ETH) Primed for $10K as Supply Tightens and Institutional Demand Surges
by adminby adminAmerican bank Citizens said ether ETH$3,737.16 could climb above $10,000 in the next two years, citing growing adoption, increasing institutional inflows and a shrinking supply. The bank said it expects accelerating adoption of Ethereum …
The cryptocurrency market witnessed an explosive rally among many altcoins in the previous month. Massive capital inflows pushed the total altcoin market capitalization (TOTAL2) to a new all-time high above $1.7 trillion. However, within …
Key Notes Over 40% of all Ether is now out of circulation amid record institutional demand. Supply locked in staking, ETFs, and treasuries has created a major supply vacuum. Ether exchange reserves continue to …
The price of Ether (ETH) has nowhere to go but up, according to an analyst, with 40% of Ether now out of circulation amid record institutional demand. “Ethereum has never experienced a market cycle …
OpenSea is set to launch its long-anticipated SEA token in the first quarter of 2026, the company’s CEO Devin Finzer announced. Half of the token’s total supply will go to the community, with a …
Paxos Fat-Fingers $300T of PayPal’s PYUSD, Outpacing U.S. Dollar’s (USD) $2.4T Supply
On Wednesday, stablecoin issuer Paxos accidentally minted $300 trillion worth of PayPal Holdings Inc.’s PYUSD stablecoin on Ethereum – a “fat finger” error on the blockchain that far exceeded the total U.S. dollar circulating …
Class Action Alleges Microsoft Choked AI Supply to Lift ChatGPT Costs
In brief Microsoft allegedly used an exclusive Azure agreement from 2019 to control compute supply to OpenAI, keeping ChatGPT prices artificially high while developing competing AI products. When OpenAI began buying compute from Google …