Analyst Says Ethereum Bounce Is Imminent As BitMine Continues To Accumulate
After losing the $4,450-$4,500 area during the recent market downturn, Ethereum (ETH) is attempting to hold a crucial level as support. Some analysts suggest that the leading altcoin is poised to bounce soon as crypto treasury companies continue to bet on the cryptocurrency. Related Reading: Bitcoin Stuck In Neutral While Markets Roar — Analyst Explains Why Ethereum Eyes Rebound Amid $4,100 Retest On Monday, Ethereum’s price dropped around 7% during the largest liquidation event of the year so far. Notably, the crypto market saw more than $1.7 billion in leveraged positions liquidated over....
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BitMine hat mehr als zwei Millionen Ethereum im Wert von rund neun Milliarden Dollar angesammelt. Zusätzlich steckt die Firma 20 Millionen Dollar in ein Projekt von Sam Altman, das auf Worldcoin setzt. Damit baut BitMine seine Position als einer der größten Kryptoschatzhalter weltweit aus. Krypto ist kompliziert? Nicht unbedingt! BitMine Immersion Technologies zeigt gerade eindrucksvoll, […]
Ethereum continues to display resilience in the face of recent volatility, holding firmly above the $4,200 level. Despite this strength, ETH has yet to break decisively above $4,500—a critical barrier that would confirm the next leg of its uptrend. Instead, selling pressure is mounting as the broader market feels the weight of profit-taking and uncertainty, leaving traders on edge about the short-term outlook. Related Reading: BNB Chain Surpasses 650M Unique Addresses – Binance Adoption Continues Still, Ethereum’s fundamentals remain robust. Institutions and large players are stepping in....
Il mercato più ampio delle criptovalute è tornato a vivere, con Ethereum che risale nuovamente sopra la soglia dei 4.600 $ dopo un rinnovato movimento rialzista. Durante questo periodo di crescita, Bitmine Immersion ha effettuato un’impressionante campagna di acquisti, acquisendo migliaia di ETH nel solo mese di settembre. La campagna di acquisti inarrestabile di Bitmine […]
Ethereum’s price action has witnessed surprise bullish upside in the past months and has outperformed Bitcoin in recent weeks. Behind the scenes, the leading altcoin has also witnessed a buyer unlike any other this year, and that buyer is BitMine. The publicly traded firm has gone on an unprecedented spending spree, scooping up Ethereum at […]
Ethereum is trading at critical levels after days of volatility, pushing closer to its all-time high near $4,800. Bulls remain in control, and the market is increasingly focused on whether ETH can break through resistance and confirm a new phase of the uptrend. Adding to the momentum, Bitmine Immersion Technologies, Inc., a blockchain technology company […]