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Bitmine Adds 28,086 ETH as Ethereum Treasury Hits $14.8B

Bitmine now controls about 5.93 million ETH, worth about $14.8 billion, putting it within touching distance of its 5% ethereum supply goal. With most of that position staked, the company is turning its balance sheet into one of the biggest single bets on ethereum anywhere in public markets. Bitmine Builds One of Public Markets’ Biggest […] from Bitcoin News https://ift.tt/PxDi7J9
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Strive Loads up on 1,375 Bitcoin as ASST Jumps 114% in 30 Days

While the bitcoin treasury firm Strategy has paused buying for the time being, Strive Inc. disclosed on Tuesday that it purchased another 1,375 bitcoin last week. Strive Adds 1,375 Bitcoin as Treasury Climbs to Fifth Largest According to the SEC Form 8-K submitted by Strive, the firm’s corporate bitcoin treasury now stands at 24,531 BTC. […] from Bitcoin News https://ift.tt/5CwHvT4
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Binance Founder CZ Says Bitcoin Could Overtake Gold in Next Bull Run

Binance founder Changpeng Zhao (CZ) says bitcoin could eventually overtake gold, potentially as soon as the next bull market. His call comes as bitcoin trades increasingly like the precious metal and less like a technology stock, strengthening the digital gold argument. CZ Calls Bitcoin Better Than Gold as Market Gap Narrows Bitcoin’s long-running comparison with […] from Bitcoin News https://ift.tt/Exy2kBG
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Citi, DBS Send Tokenized USD in Minutes as TradFi Rails Sleep

On Sept. 6, two major multinational banking and financial services corporations, DBS and Citi, announced the firms completed a USD payment between Singapore and the U.S. over the weekend, leveraging tokenized deposits via the Swift Digital Ledger. Citi and DBS Put Swift’s 24/7 Digital Ledger to the Test During Weekend Hours The blockchain technology used, […] from Bitcoin News https://ift.tt/r9QbgNd
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Bitcoin’s $9.07B Whale Profit Record Puts Rally Floor to Test

Bitcoin’s short-term whale cohort amassed a record $9.07 billion in unrealized profit before the figure eased as BTC slipped. A new analysis suggests the paper gains could increase selling pressure and test the rally’s underlying price floor. Bitcoin Whale Paper Gains Reach a Record Short-term holder whale unrealized profit and loss reached $9.07 billion on […] from Bitcoin News https://ift.tt/IiBjfXQ
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Bitcoin Takes 79% of Crypto ETF Weekly Inflows as Funds Add $1.24B

U.S. crypto exchange-traded funds (ETFs) attracted about $1.24 billion in net inflows during the week of Aug. 31 to Sept. 4, led overwhelmingly by bitcoin funds. Bitcoin ETFs alone drew $986.85 million, while ether, XRP, solana and HYPE products also finished the week in positive territory. Bitcoin ETF Inflows Hit $987M in Third Straight Winning […] from Bitcoin News https://ift.tt/Gy2P7TO
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US Spot XRP ETF Inflows Reach $1.68 Billion as Demand Accelerates

U.S. spot XRP ETFs have accumulated approximately $1.68 billion in net inflows, while their combined net assets stood at about $1.48 billion. The totals show continued demand for exchange-listed XRP exposure despite uneven daily flows and price volatility. XRP ETF Inflows Build Despite an Uneven September Start U.S. spot XRP exchange-traded funds (ETFs) ended Sept. […] from Bitcoin News https://ift.tt/9bje4UM
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