Tom Lee–Linked Bitmine Sits on $6B in Unrealized Losses on ETH Reserve
Bitmine Immersion Technologies, a publicly traded digital asset treasury firm linked to investor Tom Lee, is facing more than $6 billion in unrealized losses on its Ether reserves after the latest downturn in crypto markets, highlighting the balance-sheet risks tied to large-scale token accumulation strategies. Key Takeaways: Bitmine is sitting on over $6B in unrealized […]
$30M Stolen as Step Finance Treasury Wallets Compromised
Step Finance, a major Solana DeFi platform, confirmed multiple treasury and fee wallets were compromised by a sophisticated attacker during Asian Pacific trading hours, resulting in the theft of approximately 261,854 SOL tokens worth roughly $30 million. The breach sent shockwaves through the Solana ecosystem as blockchain security firm CertiK flagged that the stolen SOL […]
Will MAGA style Fed rhetoric under Warsh break the market, redefining dovish vs hawkish trades?
Trump picked Kevin Warsh for Fed chair, the first big market change may be the way the Fed talks When Donald Trump says Jerome Powell “got it wrong,” he usually means one thing: rates should have come down faster. Powell, for all the heat he takes, has still been a fairly standard Fed chair. He […]
Cardano Sheds 15%: Analysts Weigh in on ADA’s Possible Price Moves
Cardano’s ADA recently faced significant pressure, with ADA losing around 15% over the past week. The token traded near $0.34 on January 25, testing a critical support area around $0.33. Traders are watching this zone closely, as buyers have historically stepped in here. The market shows signs of accumulation, but broader technical signals remain cautious. […]
What Bull Market? Bitcoin Closes 4 Consecutive Months in the Red
It’s hard to imagine now that just a few months ago, bitcoin was riding high, investors were hopeful about ‘Uptober,’ and the bulls dominated the market. In that not-so-distant past, the cryptocurrency was trading confidently within a six-digit price territory, and had just printed a new all-time high above $126,000. The community was full of […]
Bitcoin Price Prediction: BTC Slips to $78K as Gold and Silver Crash – Is the Sell-Off Over?
Bitcoin is trading close to $78,000, continuing a sharp correction that has happened alongside heavy selling in gold and silver. The timing stands out because all three assets are falling together in a clear risk-off market, pushed by a stronger US dollar, unwinding of leveraged positions, and changing expectations for US monetary policy. Bitcoin’s drop […]
Ethereum Price Prediction: $2.5B Liquidated as ETH Slides to $2,400 – Is $2,100 Next?
Ethereum is experiencing one of its biggest declines this cycle, dropping toward $2,400 as the wider crypto market turns cautious. While Bitcoin and other major altcoins are also falling, Ethereum’s losses are steeper in percentage terms. ETH has dropped about 9 to 10% in the last 24 hours, and trading volume has jumped above $50 […]
Ethereum Whale Moves $145 Million to Gemini After Nearly a Decade
A long-dormant Ethereum wallet stirred the market after nearly nine years of inactivity. The address transferred 50,000 ETH, worth roughly $145 million, to Gemini exchange on Sunday. The wallet moved 25,000 ETH earlier in the day, followed by another 25,000 ETH hours later, according to EmberCN using Arkham Intelligence data. This activity has drawn attention […]
Ripple’s XRP Plunged to 14-Month Low: What’s Good, What’s Bad, and What’s Next
Saturday brought untypical volatility in the cryptocurrency markets, which, this time, was favorable for the bears as all digital assets turned red with substantial daily losses. Ripple’s XRP was not spared as it plunged to its lowest position since November 2024 (on most exchanges) at just over $1.50. It has rebounded slightly since then and […]
Single trader just lost $220 million as ether plunged 10%
A massive ETH liquidation on Hyperliquid led a leverage-driven wipeout that pushed total crypto liquidations past $2.5 billion in 24 hours.
Tom Lee’s BitMine sits on $6 billion loss from ether bets
The firm’s recent ETH purchases came just ahead of a sharp market slide, pushing unrealized losses past $6 billion as liquidity thinned and liquidations picked up.
Bitcoin drops to $78,000 as MicroStrategy-fueled rally runs out of buyers, traders say
Bitcoin sank to its lowest levels since April as profit-taking by early holders collided with thinning liquidity and a sharp drop-off in fresh capital.