Category: Reviews

Tom Lee’s BitMine approaches 50% of goal to hold 5% Ethereum supply

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Key Takeaways Tom Lee’s Bitmine Immersion (BMNR) have reached nearly 50% of their goal to hold 5% of Ethereum’s total supply. BMNR has been steadily increasing its Ethereum holdings by buying during market dips, reflecting an institutional acquisition strategy. Share this article Tom Lee-led Bitmine Immersion (BMNR) is approaching 50% of its goal to hold 5% of Ethereum’s total supply. BMNR has been methodically increasing its Ethereum holdings through targeted purchases during market dips, aligning with Lee’s vision of positioning the company as a major institutional holder of the asset.…

VanEck registers Lido Staked Ethereum ETF in Delaware

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Key Takeaways VanEck has registered a Lido Staked Ethereum ETF in Delaware. Lido is a leading protocol that provides liquid staking for Ethereum, allowing users to earn rewards without asset lockup via tokens like stETH. Share this article VanEck, an asset management firm, has registered a Lido Staked Ethereum ETF in Delaware today. The filing represents another step toward specialized crypto investment products that incorporate staking mechanisms. Lido, a leading liquid staking protocol, enables users to stake Ethereum while maintaining liquidity through tokens like stETH. The protocol allows participants to…

New York bill proposes tax on Bitcoin mining for energy aid

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Key Takeaways New York introduced bill S.8518 to tax proof-of-work cryptocurrency mining operations such as Bitcoin. The tax revenue is intended to fund energy relief programs for state residents. Share this article New York lawmakers introduced bill S.8518 today to impose taxes on proof-of-work cryptocurrency mining operations, with revenues directed toward energy relief programs for residents. The legislation targets Bitcoin and other energy-intensive crypto mining activities amid growing concerns over electricity consumption and utility costs across the state. Senator Liz Krueger is among the lawmakers pushing S.8518, which specifically addresses…

OpenServ launches Platform V1 for collaborative AI workflows

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Key Takeaways OpenServ’s Platform V1 enables multiple AI agents to work together via a single prompt interface. Reusable and extensible agents address coordination challenges and facilitate scalable AI development. Share this article OpenServ launched Platform V1 today, introducing a collaborative AI system that enables multiple AI agents to work together through a single prompt interface. The platform’s Generative Engine converts user prompts into automated workflows that handle reasoning, orchestration and execution. A specialized Agent Network supports these workflows, with each additional agent expanding the platform’s capabilities. The platform aims to…

BlackRock BUIDL Fund gains $600M AUM in two weeks on Ethereum

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Key Takeaways BlackRock’s BUIDL fund gained $600 million in AUM in just two weeks, primarily on Ethereum. The BUIDL fund is now issued natively on seven major blockchains, including Ethereum, Aptos, Arbitrum, Avalanche, Optimism, Polygon, and Solana. Share this article BlackRock’s BUIDL fund has gained $600 million in assets under management over the past two weeks on Ethereum, according to Token Terminal, a crypto analytics firm tracking on-chain metrics for tokenized assets. The BUIDL fund is BlackRock’s tokenized USD Institutional Digital Liquidity Fund. The world’s largest asset manager has distributed…

Bitcoin tops $120K, triggering $400M in liquidations

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Key Takeaways Bitcoin surged past $120K, its highest since August, driving $400M in liquidations led by BTC and ETH. Seasonal trends show October averaging 21% gains, boosting bullish positioning. Share this article Bitcoin climbed above $120,000 today, its highest level since early August, sparking nearly $400 million in liquidations over the past 24 hours. Data shows about $282 million came from short positions and $120 million from longs, with Bitcoin and Ethereum leading the wipeouts. The largest crypto asset by market cap has gained more than 7% since the start…

Fitell Corp adds 216.8M PUMP worth $1.5M to its treasury

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Key Takeaways Fitell Corp has added 216.8 million PUMP tokens (~$1.5 million) to its corporate treasury. This move is part of Fitell’s wider strategy focused on Solana-based assets. Share this article Fitell Corp, a Nasdaq-listed company, announced it has added 216.8 million PUMP tokens worth $1.5 million to its treasury. The acquisition marks Fitell Corp’s continued adoption of Solana network assets for corporate treasury purposes. PUMP is the native token of Pump.fun, a Solana launchpad that generates revenue through token issuances and transaction fees. Solana has attracted public companies across…

Crypto.com and Sol Strategies team up for enhanced treasury management

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Key Takeaways Crypto.com has partnered with SolStrategies, a Solana-focused treasury strategy firm, to improve its treasury management capabilities via validator integrations. The collaboration builds on Crypto.com’s expansion into Solana ecosystem partnerships and development of institutional treasury solutions. Share this article Crypto.com has partnered with SolStrategies, a Solana-focused treasury management firm, to strengthen its custody and validator offerings. Under the collaboration, SolStrategies will diversify its custody operations by using Crypto.com Custody for part of its treasury, while also making its enterprise-grade validator services available to Crypto.com’s institutional custody clients. Share this…

NVIDIA tops $190 for the first time

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Key Takeaways NVIDIA surpassed $190 per share for the first time, indicating strong investor confidence. The company’s market capitalization now exceeds $4.6 trillion, underlining its dominant position in the semiconductor and AI industry. Share this article NVIDIA, a leading developer of AI chips, topped $190 per share for the first time today, marking a new milestone for the semiconductor giant. The stock surge reflects ongoing enthusiasm in the AI sector, positioning NVIDIA as a bellwether for semiconductor growth driven by data center investments. The company recently achieved a market cap…

CME Group to launch 24/7 trading for cryptocurrency futures and options

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Key Takeaways CME Group will soon offer 24/7 trading for cryptocurrency futures and options. This change is designed to compete with offshore crypto exchanges operating around the clock. Share this article CME Group, a major US-based derivatives exchange, will introduce 24/7 trading for cryptocurrency futures and options. The move positions CME to compete more directly with offshore cryptocurrency exchanges that operate continuously, potentially shifting market dynamics toward regulated platforms. CME Group has recently introduced futures contracts for additional cryptocurrencies like Solana and XRP, broadening its regulated offerings beyond Bitcoin and…