Author: Kryptonews

Ethereum treasury company Bitmine has hit a key milestone after its Ether stash surpassed 4 million tokens this week following the firm’s latest $40 million purchase.Bitmine said on Monday that its holdings now sit at over 4.06 million Ether (ETH), with Lookonchain noting earlier in the day that the company bought 13,412 ETH, worth $40.61 million.The latest buy takes Bitmine’s total haul over the past week to almost 100,000 ETH, with the company adding it has bought all of its tokens at an average purchase price of $2,991 each.“Bitmine continues to add steadily to its ETH holdings, adding 98,852 ETH…

Ethereum lost $555 million this week, while Bitcoin outflows reached $460 million, as the US Clarity Act delays fuel uncertainty and worry among investors. For the first time in a month, digital asset investment products saw money flowing out as total outflows reached $952 million. According to CoinShares, this pullback happened because investors reacted negatively to postponements around the US Clarity Act. These delays have extended uncertainty about how cryptocurrencies will be regulated in the US. At the same time, concerns remain that whales have continued to sell their holdings. Hence, the European asset manager said that it is…

“There’s a before and after Este Arte,” Uruguay’s first and only art fair, according to its founder, Laura Bardier.  The professionalization of Uruguay’s art market could read as Bardier’s biography—the curator who, through sheer insistence, converted a quixotic dream into a promising market machine—but that would misinterpret the ambition of Este Arte. The fair has a handful of exhibitors, few of whom are well-known in the United States or Europe, and its setting can’t yet rival its continental peers. Still, the fair has reshaped expectations, positioning a country long defined by the ebb and flow of seasonal capital as a…

The US Commodity Futures Trading Commission has officially undergone a change of leadership, with acting chair Caroline Pham saying she will leave the agency on Monday, while Mike Selig was sworn in as chair.Pham, who had been serving as the CFTC’s acting chair since January and its sole commissioner since August, said on Monday that it would be her last day at the agency.Meanwhile, the CFTC confirmed that Selig was sworn in as the agency’s 16th chairman on Monday after being nominated for the role by President Donald Trump on Oct. 27 and confirmed by the Senate on Thursday.Pham’s departure…

Crypto treasury company ETHZilla said in a filing with US regulators that it sold part of its Ether holdings to repay outstanding convertible notes amid a broader market downturn.The company disclosed in a filing with the Securities and Exchange Commission the sale of 24,291 Ether (ETH) for $74.5 million at an average price of $3,068.69 per token, leaving about 69,800 ETH on its balance sheet as of Friday. The company said it expects to use all or a significant portion of the proceeds to redeem its outstanding senior secured convertible notes. ETHZilla rebranded from 180 Life Sciences Corp on July…

Key Takeaways Matador Technologies has been approved to raise up to $58 million over 25 months to expand its Bitcoin holdings. The firm aims to increase its Bitcoin reserves from 175 to 1,000 by the end of 2026. Share this article The Ontario Securities Commission has given Matador Technologies, a Canadian publicly traded company, the green light to sell up to CAD $80 million ($58 million) worth of shares over the next two years.Matador aims to use proceeds from the share offering to increase its Bitcoin holdings, targeting 1,000 by the end of 2026. The company currently holds 175 BTC…

It’s the digital asset treasury bubble in reverse as companies once hellbent on accumulating crypto on their balance sheets turn to digital asset sales in an effort to either prop plunging stock prices or reduce outstanding debt.ETHZilla (ETHZ), a Nasdaq-listed firm focused on building a reserve of the second-largest cryptocurrency, ether ETH$2,993.47, late Friday said it sold $74.5 million worth of tokens from its treasury. It’s the company’s second such sale of ETH holdings.The funds from this latest sale are intended to redeem outstanding senior secured convertible notes under the terms of an agreement signed earlier this month, according to…

Crypto derivatives markets are heating up as Glassnode reports perpetual open interest has risen in anticipation of a big move at the end of this year.Perpetual open interest (OI) has risen from 304,000 to 310,000 Bitcoin (BTC) as its price briefly touched $90,000 on Monday, Glassnode said on Monday.The funding rate has also “heated up” from 0.04% to 0.09%, which suggests derivatives traders are anticipating a potential market move by the end of the year. “This combination signals a renewed buildup in leveraged long positioning, as perpetual traders position for a potential year-end move,” Glassnode said.Bitcoin perpetuals are futures contracts that…

Key Takeaways:Nearly 62 million UNI votes already support Uniswap’s UNIfication proposal ahead of the Christmas Day deadlineThe plan activates protocol fees, launches a 100M UNI retroactive burn, and redirects Unichain sequencer revenueUniswap Labs and the Foundation would unify operations, shifting focus to protocol growth over interface monetizationThe governance of Uniswap is on the verge of making a historic decision as the token holders get nearer to the approval of one of the biggest economic changes in the history of the decentralized exchange. The UNIfication proposal which restructures the capture of value in the protocol is at a point of passing…

BlackRock says its spot Bitcoin exchange-traded fund was one of its three biggest investment themes in 2025, putting it alongside Treasury bills and the largest US tech stocks.The asset manager named its iShares Bitcoin Trust ETF (IBIT) alongside its ETF tracking Treasury bills and another tied to the “Magnificent 7” tech stocks, Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia, and Tesla.IBIT has attracted more than $25  billion in net inflows this year, ranking sixth among all ETFs and trailing broad index funds, despite the fund delivering a negative return so far for 2025.Nate Geraci, President of NovaDius Wealth Management, said on…