BitMine stock has slowly recovered in recent weeks. The share price moved from a low of $25.35 on November 21 to about $40. The rebound comes as the company continues to increase its Ethereum holdings. BitMine has shifted from being a small Bitcoin miner to becoming the world’s largest Ethereum holder. It bought 359,228 ETH in the past 30 days and now holds 3.864 million tokens. These holdings are valued at more than $12.36 billion. Market data shows that Ethereum supply on exchanges has dropped to an all-time low. Investors, ETFs, and staking platforms continue to remove ETH from circulation.…
Author: Sazid Kabir
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Solana’s on-chain liquidity has fallen to levels normally seen during bear markets, putting about $500 million in leveraged long positions at risk if the price drops slightly, according to blockchain analytics data. On-chain metrics show Solana’s average realized profit-to-loss ratio has stayed below one since mid-November, meaning traders have been realizing more losses than profits. Analysts say this pattern suggests Solana is undergoing a liquidity reset, a trend that has marked market bottoms in past cycles. Multiple factors appear to be contributing to the contraction. Market observers cite realized losses triggering sell-offs, declining futures open interest, reduced market-maker activity, and…
Trump Billionaires Club, a new Donald Trump–themed mobile and web game, is expected to launch by the end of the year and will offer players rewards in TRUMP tokens, according to an announcement from the official TRUMP meme coin team. The game is designed as a 3D board-style experience where players climb a “billionaire ladder” through rolls, luck, and simple strategy. It will be available in both crypto-enabled and non-crypto versions, allowing players to join without a digital wallet. However, the developers have not yet explained how TRUMP rewards will be earned. The project is being launched in partnership with…
XRP price has dropped sharply over the past three days, falling to $2.03 on December 6. This represents a decline of more than 44% from its highest point this year and brings the token’s market cap to around $120 billion. ETF Inflows Remain Strong The decline comes even as XRP ETFs continue to attract investors. According to SoSoValue, the funds added $10.2 million on Friday alone, bringing weekly inflows to $230 million. Since their launch, XRP ETFs have accumulated over $897 million in inflows. Canary’s XRPC leads with $363 million, followed by Grayscale’s GXRP ($211 million), Bitwise’s XRP ($187 million),…
Ethereum ETFs recorded $75.21 million in outflows on December 5, with no inflows across all nine funds. This marks the fourth consecutive day of net withdrawals for ETH-focused ETFs. Ethereum traded near $3,030, ranging from $2,995.50 to $3,146.10 over 24 hours. The token has declined 2.7% in the past day and 10.3% over the past 30 days. BlackRock Drives Outflows BlackRock’s ETHA fund accounted for the entire $75.21 million withdrawal. The fund remains the largest Ethereum ETF, with cumulative net inflows of $13.09 billion. Other major Ethereum funds include Fidelity’s FETH, which has $2.62 billion in total inflows, and Grayscale’s…
MetaMask, the most widely used Ethereum wallet, is moving into the prediction market space through a new integration with Polymarket. The partnership allows users to trade real-world event outcomes directly from their wallets. One-Tap Funding Across EVM Chains The integration introduces “one-tap funding,” letting users deposit any token from any EVM-compatible blockchain. This makes it easier for wallet users to access Polymarket and trade on events such as elections, sports outcomes, and other real-world occurrences. Users will also earn MetaMask Rewards points for every prediction placed, according to Consensys’ Gabriela Helfet. Polymarket’s Growth and Valuation Polymarket has seen strong growth,…
Bitcoin is currently trading near $90,000. Despite small fluctuations, several factors suggest the cryptocurrency could still reach $100,000 by the end of the year. 1. Federal Reserve Easing Could Boost Liquidity The most important factor is the Federal Reserve’s monetary policy. After months of shrinking its balance sheet through Quantitative Tightening, the Fed has paused this program. Markets now expect interest-rate cuts. Lower rates often reduce the appeal of safe assets like bonds and encourage investors to seek alternatives such as Bitcoin. This may increase liquidity and support Bitcoin’s price. 2. Liquidity Clusters Could Trigger a Rally Data from order…
TL;DR The global crypto market rose sharply on Wednesday, gaining 7.4% in the past 24 hours. The total market capitalisation now stands at $3.24 trillion, and 95 of the top 100 cryptocurrencies posted gains. Trading volume reached $189 billion, showing stronger activity than earlier this week. Bitcoin and Ethereum led the push. Bitcoin (BTC) increased by 7% to $92,992, while Ethereum (ETH) rose 9.1% to $3,055. All top 10 coins recorded gains. What’s Driving Today’s Surge? Analysts say today’s rally is supported by several major developments across global markets, regulation, and institutional activity. 1. Major Institutions Are Moving Into Crypto…
Ethereum entered the week under pressure after record outflows from U.S. spot ETFs. Grayscale’s ETHE recorded nearly $4.93 billion in cumulative redemptions, the largest among Ethereum ETFs, overshadowing smaller daily inflows across competitors like BlackRock’s ETHA. ETHE’s 2.5% fee, much higher than rivals, continues to push legacy holders out. While BlackRock’s ETHA saw $68 million in daily inflows, the imbalance has left overall investor confidence fragile. Combined net ETF assets now sit around $19.15 billion, about 5.2% of Ethereum’s market cap, highlighting uneven structural demand. Macro conditions add to the volatility. Slowing liquidity, cautious Fed guidance, and ongoing leveraged crypto…
XRP traded around $2.19 on November 30, down 1% on the day but holding its position as the world’s fourth-largest cryptocurrency, with a market cap of nearly $132 billion. Traders are watching closely to see if XRP can reclaim $2.58 and aim for a $5.50 target by late 2026. The token has been defending the $2.1458 support zone, showing steady buyer commitment. After months under a descending trendline, sellers are losing control, and the 20-day EMA flattening near $2.20 hints at a possible structural shift. Momentum remains soft, but a base may be forming. XRP is now coiling inside a…