12-23
Tom Lee's BitMine boosts Ethereum reserves with additional $88 million purchase
On Monday, Ethereum treasury firm BitMine, led by Tom Lee, added about $88 million in ETH to its holdings, according to onchain data. The NYSE-listed company now reports owning 4,066,062 ETH acquired at an average price of $2,991 per token, valuing its treasury at roughly $12 billion. BitMine's strategy focuses on accumulating 5% of Ethereum's circulating supply while its BMNR stock and ETH price both declined that same day.
ETH
ETH-0.10%
12-23
12-17
Trump to interview Christopher Waller for next Fed Chair role amid pro-crypto stance
U.S. President Donald Trump is scheduled to interview Federal Reserve Governor Christopher Waller on Wednesday as one of five candidates to succeed Jerome Powell as Fed Chair. Waller, known for his supportive views on stablecoins and DeFi, currently has a 15% chance of being nominated on Polymarket, compared with higher odds for Kevin Hassett and Kevin Warsh. Some market observers expect that a new Fed Chair more inclined toward rate cuts could become a constructive signal for the crypto market.
12-17