2018-7-31 22:15 |
Litecoin founder Charlie Lee announces announces advisory role for HTC’s new crypto-compatible smartphone Exodus
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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.
Ethereum continues its decline. It has dropped to a historical price zone that the analyst believes will revamp its next significant price movement.
Crypto investment products extended their outflow streak last week, with $1.7 billion in outflows that pushed year-to-date net withdrawals to $1 billion. The post Crypto Products Recorded Net Outflow of $1.7B Last Week appeared first on Coinspeaker.