Tag: Supply

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Bitmine Nears 5% of Ethereum Supply With 5.82M ETH

Tom Lee’s Bitmine Immersion Technologies, an Ethereum treasury company, resumed its Ether purchases last week, bringing it closer to a key business target of...

Tom Lee’s BitMine (BMNR) raises ether holdings to $5.77 million, or 4.8% of supply

BitMine Immersion (BMNR) added to its Ethereum treasury last week, bringing its total holdings to 5.77 million ether (ETH), or about 4.8% of Ethereum's...

BitMine Adds $73 Million in ETH, Pushing Holdings to 4.8% of Supply

BitMine Immersion Technologies (NYSE: BMNR), the Ethereum treasury company chaired by Fundstrat's Tom Lee, bought 42,197 ETH worth roughly $73 million over the past...

Bitcoin Can Still Go Lower as Supply Metric Prints First ‘Buy’ Signal in 4 Years

Bitcoin (BTC) has added another bear-market bottom signal this month as analysis draws comparisons to November 2022.Key points:Bitcoin adds to its list of bear-market...

Institutional demand for BTC is below supply as ETF outflows, new coins flood market: Crypto Daily

Though BTC has recently stabilized around $60,000, the prospects for a meaningful recovery remain bleak because institutional demand is falling significantly short of soaking...

Bitcoin supply in loss hits an all-time high as long term holders remain unfazed

As bitcoin BTC$61,646.55 fell below $59,100 on Wednesday, the number held at a loss rose to a record 10.83 million BTC, data from Glassnode...

BitMine Nears 5% of ETH Supply With $10B Holdings Despite Bear Market

BitMine Immersion Technologies continued to expand its Ether holdings last week, acquiring more of the second-biggest digital asset despite a prolonged market downturn as...

Bitcoin Price Risks Plunging to $30K as Institutions Dump 450% of Daily BTC Supply

Bitcoin (BTC) faced renewed risks of a breakdown toward $30,000, according to a new analysis, as institutional demand turned deeply negative.Key takeaways:Data shows institutions...

Shielded Labs Proposes New Zcash Upgrade to Prove ZEC Supply After Orchard Bug

The Zcash developer said researcher Taylor Hornby used Anthropic's latest AI model to find a flaw that could have minted undetectable counterfeit ZEC inside...

Bitcoin’s record holder supply hides a buyer drought, CryptoQuant says

Bitcoin traded around $73,500 Friday morning Hong Kong time, according to CoinDesk market data, roughly 10% below the low-$80,000 levels reached earlier this month,...

Strive’s SATA Tops Estimated 490 Bitcoin In A Single Day — More Than The Entire Daily Mining Supply

Strive, Inc. crossed a notable threshold on Wednesday, with its Variable Rate Series A Perpetual Preferred Stock (Nasdaq: SATA) estimated to have...

Strive’s SATA Briefly Swallows The Entire Bitcoin Mining Daily Supply As BTC Purchases Ramp Up

Strive, Inc. (ASST) crossed a threshold on Tuesday that few bitcoin treasury watchers expected to see this soon: its preferred stock instrument,...