Bitmine adds $42M Ethereum despite crypto slump
BitMine bought nearly $42 million worth of Ethereum on February 7, adding to its position as the largest corporate holder despite a deepening crypto downturn.
BitMine bought nearly $42 million worth of Ethereum on February 7, adding to its position as the largest corporate holder despite a deepening crypto downturn.
Venture capital investors are clashing over whether non-financial crypto and Web3 use cases have failed due to weak demand or are simply waiting for clearer regulation to emerge.
Commodity Futures Trading Commission reissued a staff letter clarifying that national trust banks are permitted to issue payment stablecoins under existing US regulatory guidance.
Arthur Hayes said recent declines in bitcoin prices are being intensified by institutional dealer hedging tied to structured products linked to BlackRock’s bitcoin ETF.
Tether said it has frozen more than $500 million in digital assets linked to an alleged illegal gambling and money-laundering network operating in Turkey.
Vitalik Buterin said much of today’s DeFi activity fails its core purpose, arguing that true decentralised finance must reduce counterparty risk rather than simply optimise yield.
Sanae Takaichi secured Japan’s largest post-war electoral victory on February 8, 2026, strengthening her mandate to pursue aggressive economic and regulatory reforms with implications for crypto markets.
Drake placed a $1 million wager denominated in bitcoin on the New England Patriots to win Super Bowl 2026, reigniting talk of the so-called “Drake curse.”
Robert Kiyosaki reignited debate in crypto markets after revealing he has sold part of his bitcoin and gold holdings while waiting for lower prices to re-enter.
Bitcoin staged a tentative rebound to about $70,854 on February 8 after plunging nearly 37% from its highs, leaving investors questioning whether the move marks recovery or a temporary pause.
Google searches for bitcoin surged to a 12-month high in early February after prices collapsed from about $81,500 to $60,000 in less than a week amid extreme volatility.
Cathie Wood’s ARK Invest sold about $22 million worth of Coinbase shares on Friday across three ETFs, extending a selloff that began a day earlier and marked its first reduction in the stock since August 2025.