The S&P 500’s longest weekly winning streak since 2023 and Brent crude settling near $92 on U.S.-Iran ceasefire hopes have failed to pull bitcoin BTC$73,573.09 and ether (ETH) higher, with the two largest cryptocurrencies finishing the week down nearly 3% as cooling spot bitcoin ETF… Read More
Bitcoin BTC$77,234.04 traded at $76,600 on Tuesday, down 0.8% since midnight UTC, as Monday’s brief bounce to $77,800 fades. The move leaves the largest cryptocurrency potentially forming another lower high in a bearish structure that has been in place since October, and down 7% over… Read More
A South Korean funeral services company has reported an unrealized loss of about 45 billion won ($33 million) tied to investments in leveraged ether (ETH) exchange-traded funds (ETFs). The Seoul-based Bumo Sarang, Korean for Parental Love, invested in the T-REX 2X Long BMNR Daily Target… Read More
Bitcoin climbed to about $77,200, while XRP, ether and solana also gained as Treasury yields and oil fell.
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.
Bitmine Immersion Technologies (BMNR) has sharply slowed its ether (ETH) purchase pace as Chairman Tom Lee signaled, following months of aggressive buying that made it the world’s largest Ethereum treasury company. The firm bought 26,659 ether last week, worth about $63 million based on ether’s… Read More
