Peter Thiel Takes 9% Stake in Ethereum Treasury Startup
Peter Thiel acquires a 9.1% stake in BitMine Immersion Technologies, signaling institutional interest in Ethereum as the firm shifts focus to becoming a leading Ethereum treasury.
Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing
Congresswoman Anna Paulina Luna confirmed Jerome Powell’s imminent firing, causing prediction markets to surge. Treasury Secretary acknowledged a search for his successor, while crypto markets await potential impacts.
‘You Can’t Put the Genie Back’: Bitwise CIO Reveals Why Crypto May Never Be the Same Again
Bitwise CIO Matt Hougan discusses how upcoming US crypto legislation could transform the market, reducing risks and volatility while attracting institutional investors through regulatory clarity.
How Bitcoin Could Hit $200K on Global Institutional Inflows Alone
The article discusses how institutional investments could drive Bitcoin’s price to $200K, citing $31 trillion in US institutional AUM and global inflows potentially adding $1 trillion to BTC’s market cap.
MemeCore falls 27% – Traders, don’t miss THIS critical level next!
MemeCore dropped 27% on July 15, testing a critical $0.39 support. Derivatives data shows bullish sentiment, but on-chain indicators suggest potential bearish reversal. Traders await clearer market cues.
Latam Insights Encore: US Senate’s Weaponization of Bitcoin Ownership Should Raise Concerns – Op-Ed Bitcoin News
The article discusses concerns over the U.S. Senate’s politicized use of Bitcoin ownership to sanction El Salvador’s administration, framing it as a human rights violation tactic.
U.S. Spot Bitcoin ETFs See Ninth Straight Day of Inflows, $403M Added
U.S. spot Bitcoin ETFs recorded $403M in inflows for the ninth consecutive day, led by BlackRock’s IBIT. Grayscale’s GBTC saw outflows. Ethereum ETFs also gained $192M over eight days.
BitMine surges after-hours as Peter Thiel discloses 9% stake
BitMine stock surged 12.5% after-hours as Peter Thiel acquired a 9% stake. The firm holds over $500M in ETH and reported strong revenue growth. Thiel’s involvement boosted investor confidence.
Crypto Exchange Hack: BigONE Users Lose A Massive $27 Million In Recent Exploit
BigONE crypto exchange suffered a $27 million hack, with funds stolen from hot wallets. The breach involved multiple cryptocurrencies, but private keys remained secure. The exchange is working to compensate users and enhance security.
‘99% chance’ Bitcoin dominance has peaked if Ethereum surge continues
Analyst Matthew Hyland suggests Bitcoin’s market dominance may have peaked if Ethereum’s bullish trend continues, with BTC dominance down 1.85% weekly as funds shift to ETH and altcoins.
