BitMine has expanded to 2.65M in ETH valued at $11B, lifting total assets near $11.6B. Shares have risen more than 6% as weekly purchases have widened its lead, while market data has shown tight ranges for Ethereum near $4,000–$4,200.
The post BitMine Stock Surges 6% as Ethereum Holdings Hit a Staggering $11 Billion – But There’s a Catch appeared first on Cryptonews. …
Category: Cryptocurrencies
Gulf Bank QNB Turns To JPMorgan Blockchain For US Dollar Settlements
QNB has adopted JPMorgan’s Kinexys blockchain platform to enable faster, round-the-clock US dollar corporate payments in Qatar.
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Crypto.com Wins CFTC Approval to Offer Margined Crypto Derivatives in the US
Crypto.com has secured approval from the Commodity Futures Trading Commission (CFTC) to offer margined derivatives, including on cryptocurrencies.
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Pakistan Crypto Czar Explore Ways to Deepen US Blockchain Ties, Places Bitcoin on UN Agenda
Pakistan is looking to deepen its crypto ties with the US, actively pursuing policies that would accelerate modern technological innovation.
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Aster Tops DeFi Fees Chart, Outpacing Hyperliquid and Other Perp DEXs
Aster has surged to the top of DefiLlama’s protocol fee rankings, generating over $25 million in fees in the past 24 hours.
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Hyperliquid’s Hypurr NFTs Hit $76K Floor Price, But Hacker Steals 8 for $400K Profit
A threat actor stole eight Hypurr NFTs worth approximately $400,000 within hours of the collection’s launch by compromising wallets that received the airdropped tokens on Hyperliquid’s HyperEVM layer.
The post Hyperliquid’s Hypurr NFTs Hit $76K Floor Price, But Hacker Steals 8 for $400K Profit appeared first on Cryptonews. …
Deutsche Bank: Bitcoin Could Join Gold on Central Bank Balance Sheets by 2030
Bitcoin may soon join gold as a reserve asset on central bank balance sheets, according to analysts at Deutsche Bank.
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Spot Ethereum ETFs Suffer $800M in Outflows, Worst Week Since Launch
Ethereum exchange-traded funds recorded their steepest weekly outflows to date, shedding nearly $800 million last week as crypto markets slipped.
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Shareholders Approve Kimono-Maker Marusho Hotta’s ‘Bitcoin Japan’ Rebrand
The Japanese kimono and textiles maker Marusho Hotta is set to confirm it will change its name to Bitcoin Japan.
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Jump’s Firedancer Proposes Removing Solana’s Fixed Block Limits, Scaling with Validator Power
Jump Trading’s Firedancer team proposed eliminating Solana’s fixed compute unit block limits through SIMD-0370, allowing validators to dynamically scale transaction capacity based on hardware performance rather than arbitrary protocol restrictions to create market-driven incentives where block producers continuously upgrade equipment for higher revenues.
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