Tom Lee’s Bitmine Buys Another $88M ETH as ETFs Record Inflows
Tom Lee’s Bitmine goes on an Ethereum buying spree as ETH-based investment products see their first inflows after seven back-to-back outflows.
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Tom Lee’s Bitmine goes on an Ethereum buying spree as ETH-based investment products see their first inflows after seven back-to-back outflows.
Ether has started the week above $3,000 as declining Taker Sell Volume suggests that sell-side pressure is easing.
US spot XRP ETFs recorded $82 million in net inflows last week, with total assets under management (AUM) now crossing $1.2 billion.
France’s second-largest bank, BPCE, will begin offering direct crypto purchases next week, emphasizing a trend of improved regulatory sentiment in Europe.
Ethereum’s price closed November down 21%, but derivatives market positioning and renewed whale demand hint at a positive start to December.
The crypto market has slipped into what analysts call a “quiet equilibrium,” a zone where fear is high but selling pressure fades.
Ethereum ETFs experienced one of their worst withdrawal streaks this quarter, as BitMine announced a sweeping leadership shakeup to stabilize investor confidence.
SharpLink Gaming allocates $200 million in Ethereum to Linea’s zkEVM Layer 2, combining staking and restaking services to generate enhanced institutional yields.
MegaETH’s initial coin offering became oversubscribed within five minutes on October 27, attracting $360.8 million in commitments. Final allocations will be determined by assessing participants’ community engagement through social and on-chain metrics.
BitMine Immersion Technologies announced $14.2 billion in combined crypto and cash holdings, including 3.31 million ETH representing 2.8% of total supply, as it pursues a 5% acquisition goal.
Ethereum price rebounds above $4,000 as traders anticipate Trump’s upcoming tariff talks with China’s Xi Jinping and rising short positions.
Huobi Founder Li Lin has hinted at the establishment of a $1 billion Ethereum (ETH) treasury in Asia.
Ethereum’s short-term rebound above $3,900 comes amid a growing warning from the Korea Premium Index.
A group of prominent Asian crypto executives, including Huobi founder Li Lin, is launching a trust to accumulate Ethereum with plans to raise approximately $1 billion amid current price weakness.
Some investors immediately gear up for a market-wide push as liquidations see a significant decline.