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BitMine Immersion Technologies has proposed a significant increase in its authorized shares, asking shareholders to approve the move. Led by Chairman Tom Lee, the company aims to enhance its flexibility for future stock splits, which are expected as the firm’s share price rises alongside its primary treasury asset, Ethereum (ETH). A vote on this proposal is scheduled for January 14. On January 2, Lee addressed investors concerning Proposal 2, which would raise BitMine’s authorized common stock from 500 million to 50 billion shares. He reassured stakeholders that the proposal does not imply imminent shareholder dilution. Rather, the increase is intended…
Bitcoin’s BTC$88.508,45 price chart looks super calm via Bollinger Bands, a volatility gauge, hinting at a massive swing ahead.BTC has traded in a tight range between $85,000 and $90,000 for the past two weeks. As a result, the gap between its Bollinger Bands, volatility bands placed two standard deviations above and below the 20-day simple moving average of the asset’s price, has narrowed to less than $3,500, the lowest since July, according to data source TradingView.This so-called Bollinger Bands squeeze indicates a low-volatility period in which the market is building energy for the next big move. History confirms massive price…
A suspected manipulation attempt in BROCCOLI(714) triggered extreme volatility that an experienced trader exploited for massive gains. Unusual trading activity in the low-liquidity meme coin BROCCOLI(714) on Binance was flagged on January 1 after the asset experienced an abrupt price surge followed by a sharp reversal. The volatility allowed pseudonymous trader “Vida” to generate around $1 million in profit by reacting quickly to abnormal market signals. Anomaly in BROCCOLI(714) Vida said he already held spot and derivatives positions in BROCCOLI(714) and had set automated alerts to flag quick price increases and large divergences between spot and perpetual futures prices. When…
Despite Bitcoin reaching a fresh all-time high in October, altcoins were battered and bruised all year long, barring a few exceptions. In what many hoped would be crypto’s biggest year ever, most altcoins had a torrid time, consistently underperforming Bitcoin (BTC) and traditional assets.Since the beginning of the year, the S&P 500 is up 17%, while BTC is down 6%, and the TradingView category “Others,” which represents the altcoin space, is down a brutal 43%.While BTC struggled relative to traditional financial assets and even outperformed for a portion of the year, the altcoin space was completely destroyed.BTC v SPY v…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Roundhill Investments has filed an amended registration statement for its XRP ETF, which it could launch as soon as January 29. Notably, the XRP fund differs from the spot XRP funds and will only seek to provide investors with income from the altcoin rather than provide spot exposure. Roundhill Files Form N-1A For XRP ETF Roundhill filed a post-effective amendment for its XRP Covered Call Strategy ETF, noting that the filing was intended to delay the fund’s effectiveness until January 29. In line with this, the fund…
Bitcoin is closing out 2025 near $87,000, ending the year in a narrow trading range after months of fading momentum. Thin holiday liquidity and a lack of fresh catalysts left the market drifting into the final session of the year, capping a period marked less by explosive gains than by consolidation and unmet expectations. At the time of writing, bitcoin was trading just below $88,000, roughly flat over the past week and modestly lower than where it began the year. The price has spent much of December oscillating between the low $80,000s and the high $80,000s, with repeated attempts to…
CEO Paolo Ardoino confirmed the $779 million purchase by Tether. Stablecoin issuer Tether added 8,888.8888888 BTC to its reserves in Q4 2025. The latest stash brings its total holdings to over 96,000 coins, which is worth roughly $8.46 billion. The purchase of around $779 million was confirmed by CEO Paolo Ardoino on X and continues the company’s ongoing “8888” accumulation pattern. Tether’s Diversification Strategy Tether started buying Bitcoin back in September 2022. In May 2023, the company made its plan official, announcing that it would dedicate 15% of its quarterly net profits to purchasing Bitcoin. Since that announcement, the company…
The firm suggests digital wallets could eventually handle payments at a scale rivaling global card networks. Venture capital firm a16z Crypto has outlined its top expectations for the digital asset sector in a post shared on X on January 1, pointing to major shifts in payments, privacy, and blockchain use cases in 2026. The list framed a future where stablecoins will rival global card networks, privacy tools will become a key competitive advantage, and crypto firms will move beyond trading as markets prepare for a possible rebound. The Main Story: A Vision Beyond Trading The firm’s detailed list framed 2026…
Protests erupted across Iran’s capital of Tehran on Monday as the rial hit record lows against the US dollar, a currency collapse that locals blame on the central bank’s poor fiscal policies as they watch the value of their life savings evaporate.While there’s no single solution to the economic hardship that Iranians are facing, Bitwise CEO Hunter Horsley suggested that Bitcoin (BTC) is a way for people around the world to protect themselves from plunging currency values.“Economic mismanagement — The story of the past, present, and future,” Bitcoin is a new way for the people to protect themselves,” Horsley said…
Solana (SOL) is retesting a make-or-break area that could set the stage for a major move at the start of next year. Some analysts have suggested that altcoin’s chart signals a bearish performance for the coming months. Related Reading Solana Faces Another Rejection From Key Resistance After hitting a three-week high of $130 on Sunday, Solana started the week with a 6.1% correction to the $122 area. The cryptocurrency recently breached below its macro support around the $120 zone, hitting an eight-month low of $116 in mid-December. Since then, the altcoin has been trading between the $120-$126 mark, attempting to…
