Mainstream Crypto News and Updates

Top cryptocurrency news covering Bitcoin, Ethereum, and other major coins, with updates on key developments across the crypto market.
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Bitmine accelerated purchases last week with 60,976 ETH! Tom Lee: Ethereum is in the late stage of the "bear market," and the bottom could be seen as early as this week.

Ethereum reserve company Bitmine announced its holdings on March 9, accumulating 4.535 million ETH with total assets reaching $10.3 billion. Chairman Tom Lee stated that they have recently accelerated their purchase by 60,976 ETH and believe that Ethereum is currently in the late stage of a small bear market, with the bottom estimated between March 8 and 14. Bitmine has staked 3.04 million ETH, generating an annualized yield of $174 million, and plans to launch its own staking infrastructure, MAVAN.
ETH3,17%
動區BlockTempo·1m ago

Strategy invests an additional $1.28 billion to buy 17,994 Bitcoins! Total holdings surpass 738,000 coins, and BTC breaks through $68,000.

Strategy filed an 8-K report with the SEC on March 9, disclosing an increase of 17,994 Bitcoins from March 2 to 8, totaling approximately $1.28 billion, with an average price of $70,946. As of March 8, the total holdings reached 738,731 Bitcoins, with a purchase cost of $5.6 billion and an average price of $75,862. The additional holdings were mainly funded by the sale of MSTR stock and STRC preferred shares. Additionally, the ATM sales agreement was revised to enhance financing flexibility. Bitcoin price once surged past $68,000.
BTC1,3%
STRK0,59%
動區BlockTempo·11m ago

BitMine increased its holdings by 60,976 ETH last week. The Executive Chairman states that ETH may bottom out in mid-month.

BitMine announced that as of March 8, its total assets reached $10.3 billion, including 4,534,563 ETH and 195 BTC. Executive Chairman Tom Lee stated that amidst market uncertainty, ETH has shown resilience, and its price is expected to bottom out between March 8 and 14. Meanwhile, BitMine is accelerating its ETH accumulation, with staked ETH reaching 3,040,483.
ETH3,17%
BTC1,3%
GateNews·26m ago

Oil prices rise to $119, reaching a new high since 2022, Bitcoin remains at $67,000, and the Federal Reserve has a 99% probability of maintaining interest rates in March.

On March 9th, WTI crude oil prices rose to $119 per barrel, reaching a new high since 2022. Due to threats from Iran, global crude oil supply losses approached 20 million barrels. Bitcoin remained at $67,000, with no signs of panic selling. The probability that the Federal Reserve will keep interest rates unchanged is approximately 99%.
BTC1,3%
GateNews·59m ago