By Marco Piccolo Key highlights: BitMine Technologies acquired 202,037 ETH (~$828–$839 million) during last week’s crypto market downturn. The purchase brings BitMine’s total Ethereum holdings above 3 million ETH, about 2.5% of the circulating supply. Chairman Thomas Lee says the company is leveraging volatility to acquire ETH at a “substantial discount to the future.” Trade […]
Tag: China
By Emir Abyazov Key highlights: Traders blame tariffs for Bitcoin’s sharp drop, but experts disagree Analysts reveal the real reason behind the $900B market crash Fear Index plunges as panic spreads across crypto markets Why retail investors look for simple answers Retail crypto traders were quick to point the finger after the collapse. On […]
By YDN Key Points Altcoins suffered even steeper losses, with Cardano and Dogecoin each shedding over 20% in value. Major trading platforms including Binance, Coinbase, and Robinhood buckled under unprecedented trading volume, leading to widespread technical disruptions. Over $9.5 billion in leveraged positions were liquidated within hours, with longs accounting for the vast majority. […]