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bitcoinist.com You Know Bitmine Has Been Buying Ethereum, But Can You Believe How Much ETH The Company Now Holds?

Ethereum’s price action has witnessed surprise bullish upside in the past months and has outperformed Bitcoin in recent weeks. Behind the scenes, the leading altcoin has also witnessed a buyer unlike any other this year, and that buyer is BitMine. The publicly traded firm has gone on an unprecedented spending spree, scooping up Ethereum at […]

news.bitcoin.com Report: Stablecoin Exchange Reserves at All-Time High as Capital Inflow Slows

A new divide in crypto liquidity is taking shape as stablecoin exchange reserves climb to unprecedented levels even while market capitalization growth cools, according to a new report from Cryptoquant’s analysts. Stablecoin Exchange Reserves Climb to $68B Onchain analytics firm, Cryptoquant, and data from cryptoquant.com, highlight that stablecoin exchange reserves have hit a record $68 […]

bitcoinist.com Tron Cuts Network Fees By 60% To Strengthen Position In Stablecoin Market

The Tron (TRX) network has made headlines by approving a significant reduction in transaction fees, cutting them by up to 60% following a majority vote within the community, as rising fees have been seen as a barrier to user participation and ecosystem development. Fee Adjustments On Tron The proposal to lower fees was driven by […]

bitcoinist.com CoinShares Reports $32.4 Million Net Profit in Q2, What’s Behind The Gains?

European crypto asset manager CoinShares has released its second-quarter results, showing a net profit of $32.4 million. The figure, while slightly down 5.3% from the prior quarter, represents a 1.9% increase year-over-year, supported by growing management fees, improved treasury performance, and strong momentum in physically backed products. The company attributed the results to a surge […]