BitMine Immersion Technologies is continuing its ETH accumulation strategy, acquiring 41,788 ETH worth roughly $96 million last week despite a sharp weekend selloff that pushed Ethereum below $2,200. The decline dragged BitMine’s Ethereum portfolio below $9.5 billion in market value, leaving the firm with more than $6 billion in unrealized losses. Ether has since rebounded to around $2,350 by Monday midday, offering partial relief after the drawdown. BitMine now holds approximately 4.3 million ETH, representing about 3.55% of Ethereum’s circulating supply. Based on company disclosures, the firm’s average ETH acquisition…
Tag: eth
Vitalik Buterin commits $45M in ETH as Ethereum Foundation enters ‘austerity phase’
Ethereum co-founder Vitalik Buterin announced today that the Ethereum Foundation has entered what he described as a period of “mild austerity” as the organization prioritizes long-term sustainability and an aggressive technical roadmap. As part of the shift, Buterin said he has withdrawn 16,384 ETH, worth approximately $44 million at current prices, from his personal holdings to fund open-source, secure, and verifiable technology projects. The capital will support work across finance, communications, governance, operating systems, secure hardware, and privacy-preserving infrastructure over the coming years, via Buterin’s official X account. Buterin said…
Vitalik Buterin Outlines $45M Eth Plan for Privacy, Open Hardware
Ethereum co-founder Vitalik Buterin said he has earmarked 16,384 Ether, worth about $45 million, to support privacy-preserving technologies, open hardware and secure, verifiable software systems. In a post on X, Buterin said the funds were withdrawn from his personal holdings and will be deployed over the next few years. He framed the move as part of a broader shift as the Ethereum Foundation enters what he called a period of “mild austerity,” while continuing to pursue an aggressive technical roadmap. Buterin said he is also taking on responsibilities that might…
Unclaimed ETH From The DAO Hack To Be Used For Security Fund
Unclaimed Ethereum tokens from the infamous 2016 hack on The DAO will be redirected into a new security fund aimed at strengthening the network, says Ethereum advocate Griff Green. “There’s a lot of money just sitting in random contracts that were supposed to be returned to people who were affected by the hack,” Green said in an interview on Thursday with Unchained podcast host Laura Shin, reiterating plans to launch the security fund. The DAO was a decentralized autonomous organization that an anonymous hacker exploited in June 2016 to siphon…
How Low Can ETH Price Go in February?
ETH price charts confirmed a triangle breakdown, shifting the near-term bias lower and putting $2,250 in focus if sellers stay in control. Ether (ETH) is now more than 14% below its local peak near $3,400, underscoring the sellers’ tenacity above $3,000. A bearish technical setup suggests the pressure may extend into February. Key takeaways: ETH fell back below $3,000, confirming a triangle breakdown that targets $2,250. The bearish scenario can be avoided if ETH breaks above a multimonth moving average resistance. ETH/USD daily chart. Source: TradingView Ether in textbook symmetrical…
Bitmine stakes additional 113,280 ETH, totaling $7B in staked assets: On-chain data
Bitmine, the Ethereum treasury company chaired by Fundstrat’s Tom Lee, staked an additional 113,280 ETH worth about $341 million today, according to data from Arkham Intelligence. Tom Lee(@fundstrat)’s #Bitmine staked another 113,280 $ETH($340.68M) an hour ago. In total, #Bitmine has now staked 2,332,051 $ETH($7B), 55% of its total holdings.https://t.co/P684j5YQaG pic.twitter.com/Q4VDKaxmFp — Lookonchain (@lookonchain) January 28, 2026 The transaction brings Bitmine’s total staked Ethereum to 2.3 million ETH, valued at approximately $7 billion, representing 55% of the company’s holdings. Bitmine holds 4.2 million ETH in total, roughly 3.5% of the entire…
Improving ETH Fundamentals May Signal An Ether Price Recovery
Key takeaways: Ethereum reached 16.4 million weekly transactions, proving fees can stay below $0.20 during high demand. Decentralized exchange volume across the Ethereum ecosystem hit $26.8 billion, signaling a return of investor interest. Ether (ETH) experienced a 15.9% price correction during the seven days ending Sunday. This volatility triggered $910 million in liquidations for bullish leveraged ETH positions, fueling fears that the $2,800 support level—which has held firm for two months—might finally break. Despite this dip in trader confidence, several onchain and derivatives metrics suggest a potential short-term rally back…
Is $10K ETH Price on the Table? Key Ethereum Metrics Hint at an Upside Move
Ether’s (ETH) was down 14% from its 2026 high above $3,200 and 41% below its $4,950 all-time high, reached in August 2025. Despite this drawdown, traders remain optimistic about the ETH price rising higher as long as a key support level is reclaimed. Key takeaways: Ether traders are bullish on a $10,000 ETH price despite a 41% drawdown from all-time highs. Wyckoff method, cycle patterns, and liquidity correlations converge on a $10,000–$15,000 ETH price target. Record daily transactions, increasing daily active users and nine-year low transaction fees suggest bullish onchain…
ETH is already 20% of the way toward quantum resilience
Antonio Sanso, cryptography researcher at the Ethereum Foundation, is confident the blockchain will be quantum secure long before a quantum attack is even possible. ”We as the Ethereum Foundation (EF) and Ethereum community are working massively on this topic,” he told Cointelegraph. “The research part is probably the part that has been already figured out. And we are starting with the execution phase of it. And we’re really confident we’re gonna meet the timeline and the deadline.” The EF has declared post-quantum (PQ) security a top strategic priority. On Jan.…
Rare ETH Price Signal Hints At 226% Rally
Ether (ETH) is flashing a familiar macroeconomic setup that preceded a major rally in 2021. One analyst highlighted a recurring sequence linking global liquidity, US small-cap equities and Ether’s price, suggesting a similar impact could unfold for the altcoin. Key takeaways: Ethereum surged 226% in 2021 after a key global liquidity threshold was met. ETH accumulation addresses show a rising realized price near $2,700, reinforcing the structural support. Global liquidity-led setup mirrors 2021 breakout for ETH Crypto analyst Sykodelic highlighted a recurring pattern that links the global liquidity, the Russell…