BitMine Immersion, an Ethereum treasury, added 373,000 ETH last week, bringing its total to 1.52 million ETH worth $6.6 billion. Ethereum investment products saw record inflows of $2.87 billion last week, driven primarily by US spot Ethereum ETFs.
💰 BitMine Holdings Soar to $6.6B — ETH Inflows Smash Records in Historic Surge!
Ethereum treasury BitMine Immersion added 373,000 ETH last week, bringing its total to 1.52 million ETH, worth $6.6 billion. After filing with the SEC to widen its share offering by $20 billion to buy more ETH, the business made its next transaction.
The firm claims to be the world's biggest ETH treasury, behind Strategy (previously MicroStrategy).
"We continue to believe Ethereum is one of the biggest macro trades over the next 10-15 years," BitMine Chairman and Fundstrat CIO Thomas Lee stated Monday. "Wall Street and Al's blockchain move should revolutionize the banking sector. Most of this happens on Ethereum."
Several firms are constructing ETH treasury acquisition vehicles, like BitMine. These organizations have amassed roughly 3 million ETH since becoming popular in June, according to StrategicETHReserve.xyz.
Ethereum investment products saw record $2.87 billion in net inflows last week, according to CoinShares on Monday. US spot Ethereum ETFs drove most of the flows, with a record $2.85 billion weekly inflow.
ETH Price Forecast: Another bullish pennant? Ethereum fell 3% after rejecting $4,500, continuing its struggle to return above the mark since Thursday.
Coinglass reports $241 million in ETH futures liquidations in the previous 24 hours due to the decrease. Long liquidations totaled $191.63 million and short liquidations $49.68 million.
Daily ETH/USDT chart
If ETH sustains $4,100, the current fall might create another pennant before a price spike, a pattern it has performed three times in four months. The top cryptocurrency must close above its all-time high resistance at $4,868 to confirm the pattern.
The 14-day Exponential Moving Average (EMA) slightly over $4,260 may support short-term losses.
The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) are above neutral but heading lower, suggesting fading bullish momentum. If they go below neutral, bearish pressure may prevail.
At the beginning of the article, this is not a jurisprudential or legal opinion, so if you are looking for that, it is preferable to consult knowledgeable people. But the purpose of this article is to present the details of the Sharia Earn service and the reasons Binance presented regarding the service. What is Sharia Earn? It is a Staking service through which you can earn cryptocurrencies in exchange for storing your digital currencies.
The Ethereum network is an open-source decentralized platform based on blockchain technology, but it differs from Bitcoin in its main purpose and capabilities. Here’s the detailed explanation: ### 1. Main Objective: - Bitcoin: Created as "electronic cash" (a decentralized payment system). - Ethereum: Designed as a "decentralized global computer" allowing developers to build and run decentralized applications (dApps) and **smart contracts**.
Earning from Binance without Trading | Invest Your Coins in a Halal Way with Sharia Earn
📌 Invest your digital currencies in a Halal way and without any trading! How to achieve a passive income compliant with Islamic law from Binance?
How to use the Sharia Earn product from the Binance platform to convert your digital currencies into a 100% Sharia-compliant passive income – without trading, without technical analysis, and without any significant effort. What is Sharia Earn and why is it the first product of its kind in the crypto world for Muslims? The difference between regular products and the Sharia Earn product. How to choose halal digital currencies approved by the Sharia board. $BNB
I’m new to crypto and still learning. ETH above $4K sounds exciting but also risky. For a small trader, do you think DCA into ETH now is safer than waiting for confirmation
Crypto_Alchemy
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$ETH
Mike Novogratz just placed his Ethereum bet publicly. The Galaxy CEO predicts ETH outperforming BTC within months. His target? Multiple tests of the $4,000 ceiling. Actions followed words - Galaxy moved 10,000 BTC to exchanges. A strategic rotation or just profit-taking? The numbers tell an interesting story. ETH ETF inflows are crushing BTC's by 3x. Corporations like BitMine and Sharplink hold nearly 1M ETH combined. Ether Machine preps a $1.5B ETH position for Nasdaq debut. Novogratz sees what the charts hint at - ETH's narrative is shifting. Price discovery above $4K could trigger a frenzy. But here's the catch - predictions aren't guarantees. #Ethereum #Bitcoin When institutions speak through both words and wallet movements, the market should listen carefully. ETH's moment might be arriving sooner than expected.
I’m new to crypto and just starting to learn. 130M XRP sounds like a huge move. Do you think small traders like me should wait or start with a small position at this level?
blogtienso
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Whales Accumulate 130 Million XRP as Price Heads Towards $3.82
Whales accumulate 130 million XRP as analysts predict the price will rise to $3.82. Despite a decrease in trading volume, sentiment remains optimistic. Whale Accumulation and Analyst Predictions Indicate Breakout Potential for XRP According to data from Ali_Charts shared on X, whales have purchased over 130 million XRP in the past 24 hours. This accumulation occurs as XRP drops to the support level of $3.00.