Home Blog Page 1292

More Ethereum Locked: Bitmine Immersion Extends Its ETH Staking – Here’s How Much

0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

As the price of Ethereum slowly picks up pace following a brief rebound, a significant portion of the leading altcoin is currently being locked away in staking activity. Many institutions, such as Bitmine Immersion, have ventured into ETH staking, demonstrating the growing faith and interest in the investment method.

Bitmine’s Ethereum Staking Gets A Boost

In the burgeoning cryptocurrency market, Bitmine Immersion, a leading public company, continues to make decisive steps into the growing Ethereum ecosystem. Bitmine Immersion’s step into the ecosystem is evidenced by the company’s rising participation in ETH staking.

The public firm keeps extending its staking operations and reinforcing its commitment to on-chain yield generation following its latest move. This move was reported by Lookonchain, a popular on-chain data analytics platform, in a recent post on the X platform. Furthermore, the move coincides with staking’s continued development from a specialized tactic to a fundamental element of institutional cryptocurrency involvement, providing both recurrent benefits and a closer alignment with network security.

Ethereum
Source: Chart from Lookonchain on X

As seen in the report, the firm, led by industry leader and billionaire Tom Lee, has staked another 154,208 ETH valued at a staggering $478.77 million. Interestingly, the massive ETH staking was carried out within a 6-hour time frame, reflecting the firm’s robust conviction in the altcoin’s long-term prospects.

After the latest staking operation, the company has now staked a total of 1.344,224 ETH worth approximately $4.17 billion. By increasing its ETH stake, Bitmine Immersion is demonstrating its interest in Ethereum, from scaling upgrades to the ongoing expansion of DeFi and tokenized assets. 

SharpLink Deepens Exposure With Expanded Staking Efforts

Another company making waves in the Ethereum staking is SharpLink Gaming, a move that was initiated alongside the launch of its ETH treasury since June 2. According to a report from the firm’s official page on X, they recently generated over 500 ETH in staking rewards last week.

SharpLink ETH staking rewards underscore its expanded participation in on-chain yield and increasing interest in the altcoin and its ecosystem. This growth highlights a larger trend as more businesses are moving from passive holding to active network participation, making Ethereum staking a key component of their business strategy.

With this additional ETH, SharpLink’s total cumulative staking rewards are now sitting at 11,157 ETH since it was launched. By dedicating more of its ETH holdings to validators, the firm is indirectly contributing to Ethereum’s security and decentralization while reaping the benefits of a constant flow of rewards.

Prior to the development, SharpLink deployed $170 million in ETH with a first-of-its-kind enhanced yield on Linea. Specifically, this move integrates native ETH yield, restaking rewards from Eigencloud, and direct incentives from Linea and Etherfi within an institutional-grade qualified custodian with the help of Anchorage. SharpLink has declared this the most productive way to hold ETH with institutional-grade infrastructure.

Ethereum
ETH trading at $3,340 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Pexels, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

XRP ETFs have been ‘pleasantly surprising’ but still have one thing to prove, according to Bitwise – DL News

0

  • XRP exchange-traded funds have pulled in over $1 billion since November.
  • Bitwise CIO Matt Hougan has been pleasantly surprised.
  • But the token still needs to prove itself this year.

XRP exchange-traded funds’ $1.2 billion inflows might be astonishing to some, but they still need to prove one critical thing.

Matt Hougan, chief investment officer at Bitwise, told DL News that XRP ETF inflows have “exceeded my expectations, particularly given the direction of the market.”

XRP trades at $2.15, up about 17% in the past fortnight.

Since launching in November, XRP ETFs have attracted over $1.2 billion with net inflows recorded every day excepting one, according to SoSoValue data. That sharply outpaces Bitcoin ETFs, which saw $2.4 billion in outflows over the same period, and runs counter to the crypto market in general, which has slumped since Bitcoin’s October price record.

But Hougan says the real test is just beginning.

“XRP is still figuring out its product-market fit,” Hougan told DL News. “How it executes in 2026 will determine whether this becomes one of the most successful ETF launches in the market, or whether that demand fizzles out.”

Unlike Ethereum and Solana, which found product-market fit through stablecoins and DeFi, XRP still lacks a killer use case beyond cross-border payments. But if the Clarity Act passes and Ripple executes on real-world adoption in 2026, XRP could sustain momentum.

If not, ETF demand could evaporate.

Others are more sceptical than Hougan, however.

“Without builders, expect minimal growth for XRP,” Brian Huang, co-founder of investment platform Glider, previously told DL News.

The product-market fit problem

While Ethereum and Solana have already made it clear that they have found product-market fit, XRP faces a daunting challenge: proving utility.

“Ethereum and Solana go to new all-time highs because they found product-market fit through stablecoins,” Hougan said.

The value of stablecoins on Solana has ballooned by more than any other crypto network over the past year.

Meanwhile, XRP is still searching for its defining use-case. Ripple has positioned XRP as a bridge currency for cross-border payments, but widespread institutional adoption remains elusive.

The Clarity Act could help by establishing clear regulatory frameworks — something that Ripple has been lobbying for years.

But regulatory clarity alone won’t be enough. Ripple needs to demonstrate banks and payment providers are actually using XRP at scale.

Demand isn’t exhausted

Hougan said XRP ETF demand hasn’t run its course.

“I don’t think that demand is exhausted,” Hougan told DL News.

But a strong start doesn’t guarantee sustained success. Hougan emphasised XRP’s future depends entirely on execution.

“This is execution-based risk,” Hougan said. “If it executes, it will be rewarded.”

Idiosyncratic risk

Hougan views XRP’s uncertainty as what makes it compelling.

“There’s so much idiosyncratic risk,” Hougan said. “That makes it really attractive from an investment perspective.”

Unlike Bitcoin, which trades on macro factors, XRP’s price is driven almost entirely by Ripple’s business execution. That creates asymmetric upside if Ripple delivers.

In November, Ripple tripled its valuation to $40 billion following a $500 million funding round including Citadel Securities and Galaxy Digital. Ripple also announced a partnership with Mastercard and Gemini for stablecoin payments.

Pedro Solimano is DL News’ markets correspondent. Got a tip? Email him atpsolimano@dlnews.com.

Experts Predict GeeFi (GEE) Could Hit $3 Faster Than Dogecoin (DOGE) With New App and Roadmap Updates

0

Renewed speculative activity is energizing the crypto space, with assets like Dogecoin rallying nearly 9% on heavy trading volume. Amid this uptick, more investors are seeking projects that offer strong fundamentals and genuine utility. GeeFi stands out by emphasizing tangible value and thoughtful ecosystem growth. With presale funding now exceeding $2.6 million, GeeFi is earning increased confidence from investors who believe in its mission to simplify decentralized finance through a secure, all-in-one application.

Presale Success Demonstrates Robust Market Demand

The rapid progress of GeeFi’s fundraising campaign highlights a clear market appetite for practical crypto solutions. Currently in Phase 3, the presale is already 90% complete, reflecting strong community support for the project’s long-term vision. This momentum was recently accelerated by a key update to the GeeFi wallet, which introduced a direct in-app purchasing portal for $GEE tokens. By streamlining the investment process, the project made it easier for new participants to enter the ecosystem. With only 3 million tokens remaining at the current price, the opportunity for early entry is becoming increasingly limited.

The Investment Case for the $GEE Token

At the heart of the GeeFi ecosystem is the $GEE utility token, which offers a structured and compelling investment case. The token is currently priced at $0.10, with its value set to increase in each subsequent presale phase, a model designed to reward early supporters. Furthermore, GeeFi has announced a public listing price of $0.40, representing an immediate 300% return for those who invest in the current phase. Analyst projections are even more optimistic, with some forecasting that $GEE could reach $3 or more as the platform’s features are rolled out. A $1,000 investment today could be worth $4,000 at listing and has the potential to grow to $30,000, a 2900% return.

Developing an All-in-One Financial Hub

GeeFi is channeling its presale funds into creating a decentralized wallet that functions as a comprehensive financial hub. The project’s roadmap prioritizes the development of features that enhance security and convenience for users. A primary focus is the integration of a Decentralized Exchange (DEX) directly within the GeeFi application. This will empower users to trade assets securely and efficiently without needing to connect to external platforms, reducing risk and simplifying the user experience. By providing a single, intuitive environment, GeeFi aims to redefine how users interact with their digital assets.

Bridging Crypto with Everyday Commerce

A cornerstone of GeeFi’s vision is the introduction of its proprietary Cryptocard. This feature is designed to solve one of the most significant challenges facing the crypto industry: real-world usability. The GeeFi Cryptocard will enable users to spend their digital assets at merchants worldwide, effectively connecting decentralized finance with traditional commerce. This transforms the GeeFi wallet from a simple storage solution into a powerful tool for everyday financial life, giving users the freedom to spend their crypto as easily as fiat currency.

geefi

Fostering Growth Through Community-Centric Rewards

GeeFi’s strategy is built around fostering a strong and engaged community. The project has implemented several incentive programs to encourage user participation and loyalty. A staking feature allows $GEE token holders to earn passive income while helping to secure the network. Additionally, a 5% referral program rewards users with a commission in USDT for every purchase made through their unique link. GeeFi has also announced plans for a bonus system specifically designed to reward its earliest and most dedicated investors, reinforcing its community-first approach.

Conclusion

With a clear vision for an accessible, all-in-one platform, GeeFi is well-positioned for significant growth. The combination of a successful presale, a feature-rich roadmap, and strong community support creates a solid foundation for the future. As the current presale phase nears its conclusion, this is a key moment for investors to get involved.

Learn More

Website – geefi.io

Buy $GEE Token – hub.geefi.io/buy

Whitepaper – docs.geefi.io

Telegram Chat – @geefichat

Twitter/X – @GeeFiOfficial

Discord – discord.com/invite/geefi

Download App – geefi.io/download

CoinMarketCap – coinmarketcap.com/currencies/geefi/

 







Bitcoin Price Explodes Past $97,000 As Traders Eye $100,000

0

The bitcoin price continued its strong run this week, breaking out of a multi‑week trading range and climbing well above key psychological levels as market participants digest macroeconomic data and new institutional interest.

The bitcoin price hit an eight-week high and triggered roughly $700 million in short liquidations, per Bitcoin Magazine Data. Polymarket now estimates a 73% chance that Bitcoin will reach $100K in January.

After trading relatively sideways near the low‑$90,000 or lower for the last two months, the bitcoin price began gaining traction over the weekend, ultimately surging above $97,000 at the time of writing. This is its best level in more than two months. 

The rally, which has persisted through January 14, reflects a convergence of technical, macro, and sentiment drivers that have reignited bullish conviction across crypto markets.

This squeeze helped propel the Bitcoin price through resistance and toward fresh highs, triggering liquidations of speculative short bets and amplifying volatility.

Technically, Bitcoin’s reclaim of the $94,000–$96,000 zone has been widely interpreted as a breakout from its recent consolidation range. 

Macro economic signals that are fueling bitcoin

The timing of Bitcoin’s rally coincides with some pivotal economic developments. 

The U.S. Consumer Price Index (CPI) report released on January 13 showed inflation moderating — a result that eased fears of further aggressive monetary tightening and boosted “risk‑on” sentiment (think bitcoin) in global markets. 

While stocks and traditional risk assets reacted modestly, Bitcoin’s sensitivity to macro cues was evident as investors sought alternative stores of value and growth exposure. Stable inflation numbers have also alleviated concerns about elevated real yields, which historically challenge non‑yielding assets like Bitcoin. 

With inflation more contained than feared, traders and investors appear more willing to allocate capital to crypto, further underpinning the rally.

Another notable development in the world is the ongoing unrest in Iran that has intensified this week as nationwide protests against economic collapse and government repression raged amid a near‑total internet blackout, with authorities signaling fast‑track trials and possible executions of detainees. 

The crisis has amplified geopolitical risk, driving traditional markets into safe‑haven assets and sparking heightened volatility. 

In digital markets, Bitcoin has shown resilience and renewed investor interest, with BTC climbing despite broader risk‑off sentiment. 

Also this week, the Department of Justice opened a criminal investigation into Federal Reserve Chair Jerome Powell, sending ripples through markets — including Bitcoin.

 The investigation stems from Powell’s June 2025 testimony on a $2.5 billion Fed building renovation, which he says is politically motivated amid pressure from the Trump administration over interest rates. 

The escalating feud between the White House and the Fed has shaken U.S. markets, boosting safe‑haven assets like gold and bitcoin.

New institutional demand is boosting the bitcoin price

Beyond technical factors and macroeconomic data, institutional demand has resurfaced as a credible driver of bullish momentum. 

Spot Bitcoin ETFs recorded notable inflows over the past days — with figures suggesting the largest net inflows since late 2025 — signaling renewed interest from long‑term capital allocators and financial advisors.

Additionally, major corporate Bitcoin holders have contributed to the narrative. Strategy Inc., a widely followed holder of Bitcoin, announced a massive $1.3 billion acquisition of BTC in the days leading up to the price surge. 

What comes next for bitcoin price 

Despite the strong advance, there is strong resistance near the $97,000–$100,000 range that may pose a test for bulls, per Bitcoin Magazine Data. 

The market’s ability to hold these gains and continue absorbing inflows will be critical in determining whether the Bitcoin price can extend this rally further into the weekend and further into 2026.

Market sentiment — often measured by metrics like the Fear & Greed Index — is climbing away from extreme fear and toward more optimistic territory, though it has not yet reached levels typically associated with blow‑off tops.

At the time of writing, the bitcoin price is near $97,200, up over 4% in the last 24 hrs.

SEC Closed its 2023 Probe into Privacy Coin

0

The investigation into Zcash, launched with an SEC subpoena over a “matter of certain crypto asset offerings,” ended this week, according to the foundation.

The foundation behind Zcash (ZEC) said that the US Securities and Exchange Commission (SEC) will not pursue an enforcement action into the privacy coin after the end of an investigation launched in 2023.

In a Wednesday notice, the Zcash Foundation said the SEC “concluded its review” over a “matter of certain crypto asset offerings” and would not recommend enforcement actions or changes. According to the foundation, the regulatory probe started in August 2023 after it received a subpoena from the SEC.

“This outcome reflects our commitment to transparency and compliance with applicable regulatory requirements,” said the foundation. “Zcash Foundation remains focused on advancing privacy-preserving financial infrastructure for the public good.”

Source: Zcash Foundation

Over the past year under US President Donald Trump, the SEC has dropped several investigations and lawsuits into several high-profile crypto companies, signaling that the regulator would be softening on regulation and enforcement under the current administration. 

Related: SEC ends probe into Aave after four years, CEO Kulechov says

Cointelegraph reached out to the foundation for additional details on the subpoena and investigation, but had not received a response at the time of publication.

Legislation affecting regulatory framework of US financial regulators to be considered in Senate

On Thursday, the US Senate Banking Committee will hold a markup for a bill aimed at clearly defining how the SEC and Commodity Futures Trading Commission (CFTC) will regulate digital assets.

The legislation, called the CLARITY Act — or Responsible Financial Innovation Act, as committee drafts have showed built upon the other bill — is expected to be one of the most comprehensive laws affecting the crypto industry.

The Senate Agriculture Committee is also scheduled to hold a markup on its version of the bill on Jan. 27. Both Committees will likely need to agree to advance the legislation before the Senate can hold a floor vote on a final bill.

Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026