Crypto News

Bitmine Immersion has amassed over 833,000 ETH worth $2.9 billion, making it the world’s largest ethereum treasury. Backed by top investors, the company now ranks as the third-largest corporate crypto holder globally, behind MicroStrategy and MARA. BMNR Surges in Liquidity Rankings as Treasury Strategy Hits 833,000 ETH Bitmine Immersion Technologies (Nasdaq: BMNR) has cemented itsSource link

A recent report prepared by ECB officials found that cash has maintained its relevance even in the EU, with predictions of a cashless society failing to materialize. While cash usage has been slowing down in the payments arena, its adoption has grown in other ways. Study Finds Cash Is Still Somewhat King for EU CitizensSource link

Sharplink Gaming, Inc. acquired 83,561 ether ( ETH) for $264.5 million last week, increasing its total holdings to 521,939 ETH. Sharplink Ether Concentration Jumps 83% The company, Sharplink Gaming, Inc. (Nasdaq: SBET), funded the purchases entirely through net proceeds from its at-the-market equity facility. Sharplink paid an average price of $3,634 per ETH between JulySource link

Polygon (POL) rose 9% in early U.S. morning trading hours from $0.206 to $0.225 before selling emerged in the afternoon, CoinDesk Analytics data shows.The token saw significant volatility overnight as volume surges to 708,489 and 804,401 units, crushing the 24-hour average of 410,606, before heavy selling pressure emerged, establishing critical resistance for near-term action.POL is currently trading at $0.221, up about 3% over the past 24 hours. It is outperforming the broader market as tracked by the CoinDesk 20 Index, which is down about 2.4% over the same period.The token is down more than 90% from its all-time high of $2.92 in December 2021 even as other cryptos such as bitcoin (BTC) and XRP have surged to new highs recently.Polygon...

The funds have had outflows as the prices of their underlying assets have declined.Source link