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BitMine Bets Big on Ethereum: $113M Added to Corporate Treasury

In a resounding vote of confidence for Ethereum’s DeFi dominance, BitMine Immersion Technologies scooped up 27,316 ETH worth $113 million this week, catapulting its treasury to 3.31 million ETH – valued at a staggering $13.3 billion. On-chain sleuths at Lookonchain flagged the acquisition via a BitGo-linked wallet, cementing BitMine’s throne as the world’s top corporate ETH holder and second-largest crypto …

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Bitcoin Jumps $2K Before FOMC — Is This the Start of a Major Rally?

Bitcoin (BTC) clawed back toward $114,000 Wednesday, up roughly $1,800 from 24-hour lows near $112,200, as traders dialed up bets on a dovish Federal Open Market Committee (FOMC) tilt that could ignite the next bull leg. With the Fed’s rate decision just hours away at 2 PM ET – widely priced for a 25-basis-point cut to 3.75%-4% – optimism swirls …

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$166M Crypto Laundering Crackdown: China Jails Five in Major Enforcement Action

In a stark escalation of its iron-fisted stance on digital assets, a Beijing court has jailed five individuals for sentences ranging from two to four years, convicting them of orchestrating a $166 million cryptocurrency scheme to evade foreign exchange controls. Unveiled at the 2025 Financial Street Forum on October 28, the case – one of China’s heftiest crypto prosecutions this …

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Bitwise Solana ETF Launch Smashes Expectations with $69.5M First-Day Inflows

The Bitwise Solana Staking ETF (NYSE: BSOL) stormed onto the scene Tuesday, amassing a whopping $69.5 million in first-day net inflows – the highest for any crypto ETF launch in 2025 – underscoring surging institutional hunger for Solana (SOL) exposure amid its staking rewards and DeFi dominance. Including $222.9 million in seed capital, BSOL’s assets under management hit $292.4 million, …

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Asia Markets Open Weak: Bitcoin Slips Under $113K as Fed Rate Decision Looms

Asian equities kicked off the day on a subdued note Wednesday, with investors adopting a wait-and-see posture as the U.S. Federal Reserve’s interest rate decision loomed large. Crypto markets, too, cooled after a spirited run, with Bitcoin sliding under $113,000 amid profit-taking and a firmer greenback. The Fed’s anticipated 25-basis-point cut – the second this year, lowering the federal funds …

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