2021-12-30 23:52 |
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Ethereum’s price crash leaves ETH stuck in a firm downtrend, with negative flows and weak momentum making a sustained reclaim of $3,000 in February increasingly unlikely. Ethereum’s (ETH) price and latest selloff has left investors nursing losses and staring down…
Ethereum co-founder Vitalik Buterin has signaled a fundamental shift in the blockchain’s roadmap that declares the era of the “branded shard” effectively over. On Feb. 3, Buterin argued that the industry’s previous “rollup-centric” vision no longer makes sense, citing faster scaling on the main Ethereum layer and the sluggish pace of decentralization among major rollups.
Bitmine’s BMNR stock fell as Ethereum losses hit $6.6B. Tom Lee defends the strategy while the firm and investors continue accumulating ETH. The post Tom Lee Defends Bitmine as Ethereum Crashes to $2,273 appeared first on Coinspeaker.
Bitmine Immersion Technologies chairman Tom Lee has pushed back against criticism of the company’s Ethereum treasury strategy, arguing that large unrealized losses are an expected feature of a public vehicle designed to track Ether across a full market cycle.
The crypto crash accelerated this week, with Bitcoin price tumbling to a 15-month low. Other top altcoins like Solana, Hyperliquid, Canton, and Zcash also retreated sharply. Altogether, this week’s crypto market crash has wiped out close to $500 billion in value.
Crypto investors and traders are showing mixed sentiment toward the top two cryptocurrencies, as the market experiences a rebound. The post Bitcoin ETF Sees Inflows, but Investors Accumulate Ethereum appeared first on Coinspeaker.
BitMine's ETH accumulation continues with a 41K purchase despite $6B in losses, fueled by a bullish long-term outlook and staking growth. The post BitMine continues ETH accumulation with 41K buy as unrealized losses top $6B appeared first on Crypto Briefing.