Bitcoin's (BTC) fast tumble back to $84,000 during U.S. morning hours Thursday came alongside equally speedy declines in stocks and precious metals. But while stocks, gold and silver have since bounced off their worst levels, crypto remains near its session lows, with BTC, ether (ETH), XRP (XRP), and solana (SOL) all down 5%-7% over the last 24 hours. "Everything from weak earnings results to worries around Iran and government shutdown are causing a broad-based selloff," said Joshua Lim, global co-head ...

BitMine Immersion Technologies (BMNR), the largest corporate holder of the second largest cryptocurrency, ether (ETH), made its largest ETH purchase of the year last week following a key shareholder vote that gave the company fresh room to raise capital. The firm said Monday it added 40,302 ETH — worth almost $117 million at current prices — to its treasury, bringing its holdings to over 4.24 million tokens, or 3.52% of ether's supply. The firm’s crypto and cash holdings now total $12.8 billion, includi ...

After weeks in which the bitcoin (BTC) price has been constrained mainly between $85,000 and $95,000, the crypto market may be thrown a reason to break out of the doldrums on Wednesday, when the Federal Open Markets Committee sets U.S. interest rates. May, that is. Not will. The consensus, more than 97%, is for the Fed to keep rates steady at 3.50%-3.75%, according to the CME's Fedwatch tool. As ever, what's said at the post-decision press conference may be more influential than the decision itself. U.S ...

Let's say an investor has a house in Switzerland and a beach house in Miami. They're worth, perhaps, $10 million. But what they are really looking for right now is a line of credit for some time on the slopes at St. Moritz, a trip to the Cannes film festival and a few upgrades to the yacht. In traditional finance, they might be able to approach their bank and use those assets to secure a flexible, short-term loan. However, if a substantial part of the investor's assets is in crypto, it's likely much hard ...

Investing in crypto assets like ether, the native token of the Ethereum network, once followed a simple path: traders bought coins on platforms like Coinbase or Robinhood, or stored them in self-custody wallets such as MetaMask, and held them directly. Then came staking, or pledging a certain amount of cryptocurrencies to a network to validate transactions and earn rewards. This was seen as a way for investors to generate passive income while holding the tokens through crypto exchanges in anticipation of ...

Core Insights - Bybit Pay has reached an agreement to enable crypto payments through Yape and Plin, which are the most widely used digital wallets in Peru, serving approximately 28 million users and handling nearly 90% of in-person digital wallet transactions in the country in 2024 [1] Group 1: Bybit's Expansion in Latin America - The partnership with Yape and Plin is part of Bybit's broader strategy to expand its presence in Latin America, following previous collaborations in Brazil and Argentina [2] - Bybit's payment services already support Brazil's instant payment system, PIX, and other major exchanges like Binance and Opera's MiniPay are also targeting the region [2] Group 2: Payment Integration and Functionality - Bybit Pay's integration allows users to spend stablecoins such as USDT and USDC, as well as major cryptocurrencies like Bitcoin (BTC) and Ether (ETH), with transactions settling in Peruvian soles for the recipient [3] - Other platforms facilitating similar payments include KuCoin Pay, Bitget Wallet, and Ramp, indicating a growing trend of crypto neobanks gaining adoption due to local payment mechanisms and crypto-backed debit and credit cards [4] Group 3: Future Developments - Bybit's other payment product, Bybit Card, is set to launch in Peru in the first half of the year, with plans for expansion to other countries in the region later on [5]

Germany’s DZ Bank revealed it received regulatory approval from BaFin under the European Union’s Markets in Crypto-Assets (MiCA) framework, enabling it to offer meinKrypto, a digital asset trading platform targeted at retail clients through the cooperative banking system. The announcement follows a broader trend in Germany, where traditional financial institutions are entering the crypto space under the MiCA regime. DekaBank, another cooperative group player, debuted crypto trading and custodial services ...

Staking is no longer a niche add-on for ether (ETH) investors in 2026 — it has become a defining feature of how institutions gain exposure to the cryptocurrency, shaping product design, returns and risk management across the market. Near-term selling is constrained by staking, but coins are no longer trapped. With withdrawals running smoothly, ether now trades less like a locked-up asset and more like a yield-bearing position that investors can scale up or down as sentiment changes. Kean Gilbert, head o ...

Core Viewpoint - Bitmine Immersion Technologies (BMNR) is actively accumulating ether (ETH) but faces potential limitations on its purchasing pace due to the need for shareholder approval for new equity issuance [1][2]. Group 1: Ether Accumulation - Bitmine added 24,266 ether last week, increasing its total holdings to 4,167,768 tokens, which represents 3.45% of the circulating supply of ether [1]. - The company aims to ultimately acquire 5% of all ether tokens [1]. Group 2: Shareholder Approval - Chairman Thomas Lee stated that continued accumulation of ETH is contingent upon receiving shareholder approval for new equity issuance [2]. - A shareholder vote is scheduled for Thursday, requiring 50.1% support from all outstanding shares for the proposal to proceed [2]. Group 3: Financial Position - Bitmine's total assets, including crypto, cash, and strategic investments, reached $14 billion last week, with ETH prices around $3,100 [4]. - The firm increased its cash reserves by $73 million to a total of $988 million [4]. - Bitmine holds 193 bitcoin and a $23 million stake in Eightco Holdings, and has staked over 1.2 million of its ETH to generate revenue [4].

Core Viewpoint - Bitmine Immersion Technologies (BMNR) is actively accumulating ether (ETH) and has reached over 4.14 million ETH, representing approximately 3.43% of the total supply, with a target of 5% [1] Group 1: Company Holdings - The company's total crypto and cash holdings amount to $14.2 billion, which includes $915 million in cash, 192 BTC, and a $25 million stake in Eightco Holdings (ORBS) [1] - Bitmine added nearly 33,000 ETH to its treasury in the past week, as led by Chairman Tom Lee [2] Group 2: Staking and Future Plans - As of January 4, Bitmine has staked 659,219 ETH, valued at approximately $2.1 billion, and plans to launch its in-house validator, the Made in America Validator Network (MAVAN), in early 2026 [3] - If fully staked at current rates, Bitmine projects over $1 million per day in staking rewards based on the current Composite Ether Staking Rate (CESR) of around 2.82% [3] Group 3: Market Performance - BMNR's shares increased by 4.4% in early trading, coinciding with a rise in the price of ether to $3,171 [4]