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Bitmine Immersion Technologies said Monday that it purchased 71,524 Ether over the past week, bringing its total holdings to about 4.87 million tokens.The company said the position represents roughly 4.04% of the total Ether (ETH) supply, based on about 120.7 million tokens outstanding, as it continues to pursue a target of acquiring up to 5% of global supply. Its balance sheet also includes 198 Bitcoin (BTC) and about $719 million in cash.Bitmine said the latest purchase marks its fastest weekly pace of Ether accumulation since December 2025. According to data from CoinGecko, Bitmine is the largest Ethereum treasury company by…
In brief StarkWare became the latest firm building on Ethereum to reduce its headcount in the name of achieving greater efficiency. The team behind Starknet is being consolidated into two “purpose-focused units” that will focus on revenue-generating initiatives, such as business development Several crypto-native firms have slimmed operations this year, with OP Labs and Polygon Labs situated as StarkWare competitors. StarkWare co-founder and CEO Eli Ben-Sasson indicated on Monday that the firm, which builds on Ethereum, has become the latest to slash its headcount in a move to prioritize revenue.Although the company, founded eight years ago, has built what Ben-Sasson…
In brief SoftBank, NEC, Honda, and Sony each took 10%+ in a new AI development company, joined by major banks and steelmakers. The company’s trillion-parameter model targets Physical AI—robots, autonomous vehicles, and industrial machines—not conversational chatbots. Japan’s government NEDO agency has earmarked ¥1 trillion (~$6.7B) over five years, with Japanese data kept domestic and off foreign cloud infrastructure. Japan isn’t interested in building the next ChatGPT.On Sunday, SoftBank, NEC, Honda, and Sony Group jointly formed a new company with one goal: build a trillion-parameter AI model that runs machines, not conversations.The move is a direct bet on what the community…
Bitmine now owns more than 4% of the total ETH coin supply of 120.7 million Bitmine is 81% of the way to the ‘Alchemy of 5%’ in just 9 months Bitmine uplisted to the New York Stock Exchange (“NYSE”) from the NYSE American effective as of April 9, 2026 Bitmine has 3,334,637 staked ETH, representing $7.4 billion at $2,206 per ETH MAVAN (Made in America Validator Network) is a premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience Bitmine owns $85 million of Eightco (NASDAQ-ORBS), now one of the only publicly listed equities in the…
DALLAS, April 13, 2026 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced the launch of the official digital portal for its subsidiary, EcoHash Technology LLC (‘EcoHash’ or the ‘Subsidiary’). Accessible at www.ecohash.com, this platform serves as the primary interface for EcoHash’s high-performance computing (HPC) and AI inference operations. The site is designed to streamline strategic engagement with two key audiences: AI developers seeking low-latency, near-source compute, and energy-intensive compute operators pursuing modular pathways to infrastructure diversification. Goldman Sachs Research…
Make CryptoSlate preferred on World Liberty Financial, the decentralized finance project co-founded by the Trump family, is hastily preparing to unlock a massive tranche of its WLFI tokens after a nearly two-year holding period.The impending release will likely target a portion of the remaining 80% of public investors’ allocations to the project. According to Tokenomist data, this translates to over 16 billion WLFI tokens, valued at $1.28 billion.WLFI’s Token Unlock (Source: Tokenomist)While the project’s leadership frames the move as a long-awaited reward for early adopters, crypto analysts and retail investors are accusing the team of using the unlock as a…
TD Cowen this week initiated equity research coverage on three public Bitcoin treasury companies (PBTCs) and one Ethereum digital asset treasury, publishing proprietary valuation models and KPIs specific to the sector. The move marks one of the more concrete steps a major bank has taken to build formal research infrastructure around Bitcoin-focused equities. The firm’s analysts, led by Lance Vitanza, view Bitcoin as a long-term store of value — framing it in the tradition of digital gold — and project a price of roughly $140,000 by the end of 2026. TD Cowen’s thesis holds that PBTCs, companies that accumulate Bitcoin…
Record Ethereum activity signals strong network engagement, but the price is yet to catch up. Ethereum (ETH) has entered Q2 2026 with a steep 55% drop from its August 2025 high above $4,900, as macro-driven pressures weigh on the price. New data suggests that the unprecedented surge in the Total Transfer Count metric highlights that on-chain activity has reached peak levels. Ethereum Usage Peaks Ethereum’s on-chain activity has returned to record levels, as the 7-day simple moving average of Total Transfer Count climbed back above 1.3 million, matching its previous peak seen in mid-February, according to CryptoQuant. The rise in…
Crypto analyst Abundance has provided an in-depth analysis of the Dogecoin price action, explaining why the foremost meme coin could still suffer another crash. On the other hand, he also revealed how Bitcoin’s price action could push DOGE higher from its current level. Dogecoin Price Still At Risk Of Crash To $0.06 In an X post, Abundance stated that the Dogecoin price could drop to around $0.06 to give the market another long on DOGE towards $0.16. His accompanying chart showed that $0.9176 is the key support the leading meme coin needs to hold above to avoid dropping to this…
A crucial crossover shows Bitcoin entering a transition phase, where weaker hands exit and price struggles before building a long-term bottom. Bitcoin has enjoyed a brief respite this week after climbing back up above $72,000. But weak demand and investor exits could push the crypto asset lower. Joao Wedson, founder of Alphractal, flagged an on-chain signal that indicates that the asset may still face one final price decline before establishing a cycle bottom. Final Shakeout His analysis, which is based on insights generated by Alpha AI, focuses on the relationship between Investor Price and the Long-Term Holder (LTH) Realized Price.…