Tom Lee’s Bitmine favors share buybacks to ether purchases as crypto declines
The Ethereum treasury firm spent $46 million buying back shares as Chairman Tom Lee said crypto has held up better than AI stocks during the recent market pullback.
Ethereum News
Ethereum’s four-minute settlement plan could lower the cost of moving crypto
A new draft targets a fourfold cut in the time it takes Ethereum transactions to become final, which could free up money transfer services tie up while customers’ payments clear.
JPMorgan brings JPM Coin, representing dollar deposits, to Ethereum
JPMorgan’s dollar deposit token is heading to Ethereum as the lender looks to offer it to wider selection of institutional clients.
Citrini sees a tokenization boom. The harder question is who profits
The influential research firm says real-world assets could finally give blockchains a clear role in finance. For investors, the next challenge is figuring out which companies, networks and protocols capture the revenue.
Tom Lee sees $2 trillion wealth transfer fueling crypto demand as Bitmine buys more ether
The Bitmine chairman said he expects younger investors to drive demand for digital assets as his ether treasury company inches closer to owning 5% of the total supply.
Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchases
Tom Lee said Bitmine will be “done stacking” once it owns 5% of ETH, setting an end date to an accumulation streak that began in mid-2025 and made the company the world’s largest Ethereum treasury.
Ether’s bitcoin-beating Q3 rally came with a catch. Liquidity thinned.
Ether beat bitcoin in the third quarter, but its market liquidity got thinner, according to Coingecko.
Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
Once home to more than $2 billion in crypto assets, Blast is shutting down as activity fades, costs rise, and bigger platforms like Coinbase and Robinhood build networks of their own.
Citigroup raises 12-month bitcoin target to $113,000 as ETF inflows resume
Citi also raised its 12-month target for ether from from $2,240 to $3,028.
Ethereum users get another way to pay privately as zk.money returns after three years
The relaunched wallet hides payments made on the Aztec Network, while deposits from Ethereum remain visible.