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  • TODAYS, JUNE 3, 2026 (8)

  • SEC Makes Digital Assets a Key Priority in 2026–2030 Strategy

    The U.S. Securities and Exchange Commission has released its draft 2026–2030 strategic plan, identifying digital assets and blockchain technology as a major regulatory focus. The plan aims to update policies that support innovation while protecting investors, focus enforcement on clear legal violations, and improve operations using technologies such as AI and blockchain. The SEC also plans to clarify how securities laws apply to crypto, support tokenized financial products, and work with the CFTC on rules covering custody, trading, and staking. The proposal could reduce regulatory uncertainty and shape future crypto market development in the United States.

  • Bitcoin Price Crashes 9% as Investors Redirect Capital to AI and Space Deals

    Bitcoin dropped about 9% as investors reacted to a mix of market pressures, including large capital raises by major AI and space companies. Traders suggest some institutions are selling crypto holdings to free up cash for opportunities linked to firms such as SpaceX, OpenAI, Anthropic and Alphabet, which together could attract hundreds of billions of dollars in investment. The decline was also fueled by continued ETF outflows, Mt. Gox repayment concerns and technical selling. The selloff matters because it reflects growing competition for investor capital. Markets will watch whether Bitcoin demand recovers as these fundraising events progress.

  • Bitmine Records $9 Billion Unrealized ETH Loss

    Bitmine is facing roughly $9 billion in unrealized losses after Ethereum’s price dropped to about $1,860. The company accumulated 5.4 million ETH at an average cost near $3,500, turning its $18.8 billion position into one worth around $10 billion. The decline highlights the risks of large corporate crypto holdings during market downturns. Rival MicroStrategy is also reporting significant unrealized losses on its Bitcoin reserves. Under new U.S. accounting rules, both companies must report these market value changes each quarter. Despite the losses, neither firm has indicated plans to sell its holdings.

  • Peter Schiff Predicts Bitcoin Price Could Fall Below $20,000

    Gold advocate Peter Schiff has warned that Bitcoin could drop below $20,000, but only after first falling under $50,000. Schiff argued that investor complacency remains too high and that market conditions do not yet support a lasting price bottom. His comments came as Bitcoin traded near $66,000 following a sharp correction across the crypto market. The forecast matters because Schiff remains one of Bitcoin’s most prominent critics and his views often attract attention during market downturns. Investors will be watching whether Bitcoin stabilizes or extends its recent decline.

  • Coinbase Co-Founder’s Longevity Startup NewLimit Raises $435M for Human Trials

    NewLimit, a longevity biotechnology company co-founded by Coinbase CEO Brian Armstrong, has raised $435 million in a Series C funding round led by Founders Fund. New investors, including Thrive Capital, Greenoaks and Quiet Capital, joined existing backers such as Kleiner Perkins and Eli Lilly Ventures. The company develops age-reprogramming therapies designed to restore cell function affected by aging. The funding will support research and development as NewLimit prepares to move its first drug candidate into human clinical trials next year. The milestone marks a significant step toward testing its technology in patients.

  • Tether-Backed Adecoagro to Launch Sugarcane-Powered Bitcoin Mining in Brazil

    Adecoagro, a South American agricultural company backed by Tether, plans to launch a Bitcoin mining operation in Brazil powered by renewable energy from sugarcane residue. The project will initially use 10 megawatts of electricity and deploy 1,280 mining machines, with operations expected to begin around July 1, 2026. The initiative aims to monetize surplus energy while expanding the use of renewable power in Bitcoin mining. The project highlights growing interest in pairing digital asset infrastructure with existing energy resources. Performance and potential expansion will be closely watched after the launch.

  • Bitcoin Price Crash Today

    Bitcoin fell below $67,000 for the first time in two months, dropping about 6.75% to around $66,700. The decline triggered $1.48 billion in crypto liquidations over 24 hours, with long positions accounting for $1.35 billion. More than 221,000 traders were affected. The selloff was driven by several factors, including continued outflows from US spot Bitcoin ETFs, Strategy’s recent Bitcoin sale, and investor demand for US stocks. Bitcoin is now roughly 45% below its October peak near $126,000. Markets will watch whether ETF flows stabilize and buying demand returns.

  • Binance Sets July 3 Deadline as NFT Service Shifts to Wallet

    Binance will move its NFT service from the exchange platform to Binance Wallet, aiming to provide direct access through a decentralized setup. Users holding transferable NFTs must withdraw them by July 3, 2026. Binance plans to send reminders and reimburse withdrawal fees for up to 100,000 users. Cristiano Ronaldo NFT holders will receive additional support. Non-transferable NFTs, including course certificates, will be replaced with PDF documents. The move reflects weaker NFT trading activity and a wider industry shift toward self-custody. Users should transfer eligible NFTs before the deadline.

  • JUNE 2, 2026 (5)

  • Stablecoin Nidhi Kolhapur Jun 2, 2026 10:15 UTC

    MoneyGram Launches MGUSD Stablecoin on Stellar for Cross-Border Payments

    MoneyGram has launched MGUSD, a U.S. dollar-backed stablecoin on the Stellar blockchain, for users in the United States. Integrated directly into the MoneyGram app, MGUSD allows customers to hold digital dollar balances and make cross-border transfers. Issued by Bridge with support from M0 and Fireblocks, the stablecoin expands MoneyGram’s long-standing partnership with Stellar. The launch matters because it combines blockchain-based settlement with MoneyGram’s global distribution network, potentially reducing costs and transfer times. Next, the company plans to expand access through its network of more than 60 million customers and 500,000 retail locations worldwide.

  • Altcoins Nidhi Kolhapur Jun 2, 2026 07:40 UTC

    Tessera DAO Token Crashes After 99M TSR Minted and Sold

    Security researchers reported that an exploiter minted 99 million TSR tokens and rapidly sold them on BNB Chain, causing the token’s price to fall by about 99%. The attacker allegedly exchanged the minted tokens for roughly $2.5 million in USDT, then bridged the funds to Ethereum. According to on-chain data, 1,285.5 ETH has already been moved through Tornado Cash, complicating tracking efforts. The incident matters because it highlights potential vulnerabilities in token minting controls. Investigators and the project team are expected to focus on tracing remaining funds and assessing the exploit’s root cause.

  • Ripple (XRP) Nidhi Kolhapur Jun 2, 2026 07:16 UTC

    Ripple Expands Into Türkiye Through Three New Exchange Partners

    Ripple’s RLUSD stablecoin is now available in Türkiye through crypto platforms BiLira, Bitexen, and Bitlo, expanding access to the dollar-pegged asset in a key digital asset market. The move is part of RLUSD’s broader international rollout, which has helped the stablecoin surpass a $1.7 billion market capitalization less than a year after launch. The expansion matters because it increases regional access to regulated stablecoin liquidity for trading and payments. Going forward, Ripple is expected to pursue additional exchange listings and market integrations to grow RLUSD’s global presence.

  • Hack Nidhi Kolhapur Jun 2, 2026 05:52 UTC

    Kelp DAO Hackers Launder Nearly All Recoverable Funds

    Hackers linked to North Korean cyber group TraderTraitor have laundered nearly all of the roughly $220 million in unfrozen funds stolen in the Kelp DAO bridge exploit, according to on-chain tracking data. The funds were moved through privacy-focused services including THORChain, Wasabi, Tornado Cash, and Umbra, making tracing significantly more difficult. Only about $1.7 million remains in the original wallets. The development matters because it sharply reduces the chances of recovering the unfrozen assets. Going forward, investigators are expected to focus on monitoring off-ramps and identifying any future attempts to convert the funds into fiat currency.

  • Bitcoin Nidhi Kolhapur Jun 2, 2026 05:40 UTC

    Mt. Gox Transfers $739M in Bitcoin as Repayment Process Continues

    Mt. Gox moved about $739 million in Bitcoin from a cold wallet to a new address and a known hot wallet, marking its first major on-chain transfer in two months. The movement appears linked to routine fund management during the exchange’s creditor repayment process rather than a sale. The transfer matters because Mt. Gox still holds roughly 34,500 BTC, and large wallet activity is closely watched for potential market impact. Next, attention will remain on creditor repayments, which are now scheduled to continue until October 31, 2026.

  • JUNE 1, 2026 (9)

  • Bitcoin Nidhi Kolhapur Jun 1, 2026 12:45 UTC

    Why Did Strategy Sell Bitcoin?

    Strategy sold 32 BTC (about $2.5 million) primarily to fund preferred stock dividend payments and manage treasury operations, not because it is abandoning its Bitcoin strategy. The sale represents just 0.004% of its 843,706 BTC holdings and is the company’s first Bitcoin sale since its 2022 tax-loss transaction. Strategy simultaneously raised $128.3 million through share issuance, showing it still prefers financing growth through capital markets. The immediate impact was negative market sentiment, contributing to Bitcoin briefly falling below $72,000. Going forward, Strategy remains heavily bullish on Bitcoin, retaining roughly 4% of the total BTC supply and significant buying capacity.

  • Nidhi Kolhapur Jun 1, 2026 12:34 UTC

    Senator Lummis Pushes CLARITY Act as Crypto Rules Debate Continues

    U.S. Senator Cynthia Lummis has renewed her call for Congress to pass the CLARITY Act, arguing that the United States risks losing influence over global digital asset standards without clear domestic regulations. In a recent statement, Lummis said other countries could shape international crypto rules if the U.S. fails to establish its own framework. Supporters of the legislation say it would provide regulatory clarity for digital assets and strengthen the country’s position in the industry. The CLARITY Act is currently moving through Congress and remains a key focus in ongoing cryptocurrency policy discussions.

  • Bitcoin Nidhi Kolhapur Jun 1, 2026 10:09 UTC

    Bloomberg’s Mike McGlone Warns of Possible Bitcoin Reversion

    Bloomberg Intelligence analyst Mike McGlone has raised concerns that Bitcoin could face a deeper correction despite strong performance in traditional financial markets. Drawing comparisons to the 2018 downturn, when Bitcoin fell from around $10,000 to near $3,000, McGlone argues that similar signs of price reversion are emerging after Bitcoin’s rise above $100,000. He noted that Bitcoin has recently underperformed even as stock markets reached record highs. According to McGlone, the key question is whether Bitcoin can maintain investor interest during weaker market conditions. While he does not predict a specific outcome, he suggests the cryptocurrency is showing signs of weakness unless it begins leading broader market performance again.

  • Exchange News Nidhi Kolhapur Jun 1, 2026 10:04 UTC

    Binance Enters U.S. Stock Trading, Plans bStocks Tokenized Equities

    According to Fortune, Binance will allow non-U.S. users to trade more than 7,000 U.S. stocks and ETFs with zero commissions and fractional shares starting at $5. Users can purchase equities using USDT, USDC, BNB and selected cryptocurrencies, with Nest Trading providing brokerage services and Alpaca handling custody, dividends and corporate actions. Binance also plans to launch tokenized stocks, known as bStocks, in the coming weeks, allowing users to convert eligible equities into on-chain assets on BNB Chain as part of its broader push to become a “multi-asset financial super app.”

  • Altcoins Nidhi Kolhapur Jun 1, 2026 06:05 UTC

    New Solana Proposal Aims to Boost SOL Token Burns

    A new Solana proposal, SIMD 547, could significantly increase the amount of SOL removed from circulation through token burns. Introduced by developer cavemanloverboy, the proposal would add a new base transaction fee that is fully burned instead of being distributed elsewhere. Testing indicates the mechanism could more than triple current daily burn levels, potentially increasing burns by up to 1,800 SOL per day. Supporters say the change could strengthen Solana’s long-term token economics by reducing supply over time. The proposal is currently under community review and would require the Alpenglow network upgrade before it can be activated.

  • Coinbase Re-Enters India With Direct INR Trading Support

    Coinbase has officially relaunched its services in India, marking a major return after its unsuccessful 2022 launch and subsequent exit in 2023. The exchange now offers direct INR deposits and withdrawals through IMPS, eliminating the need for peer-to-peer workarounds. Indian users gain access to a local INR order book, spot crypto trading, perpetual futures, and services operating under FIU-IND registration and India’s anti-money-laundering rules. Coinbase’s earlier launch faced challenges after payment support issues limited operations. The move comes as India remains the world’s leading crypto adoption market, with industry growth expected to accelerate over the coming decade.

  • Stablecoin Nidhi Kolhapur Jun 1, 2026 05:59 UTC

    Tether Sees Record $1.1 Billion Market Cap Drop

    Tether’s market capitalization fell by more than $1.1 billion in a single day, marking its largest recorded decline. The drop has sparked renewed debate about the role of stablecoins in providing liquidity to cryptocurrency markets. Some market observers argue that shrinking stablecoin supply could reduce trading activity and put pressure on digital asset prices, including Bitcoin. Others view the decline as a normal market adjustment rather than a sign of broader weakness. The development comes as investors closely watch liquidity trends and their potential impact on the cryptocurrency market.

  • NVIDIA Launches Nemotron 3 Ultra AI Model at Computex 2026

    NVIDIA has introduced Nemotron 3 Ultra at Computex 2026, positioning it as its most advanced open-weights AI model. The company said the model achieved an Intelligence Index score of 48 in U.S. open-weights rankings, outperforming several competing models, including Gemma 4 31B. Nemotron 3 Ultra is designed for tasks such as coding, instruction following, and AI agents. NVIDIA reported that it delivers more than 300 output tokens per second, offers up to five times faster inference, and reduces costs by around 30% compared with leading alternatives. The company said the model is aimed at developers building applications ranging from search tools to scientific research. NVIDIA also introduced new tools for deploying AI agents, while signaling that the next-generation Nemotron 4 is under development.

  • Senator Lummis Pushes CLARITY Act as Senate Weighs Crypto Market Rules

    Senator Cynthia Lummis has urged lawmakers to pass the Digital Asset Market Clarity Act (CLARITY Act), calling it important for maintaining U.S. leadership in financial innovation. The bill, known as H.R. 3633, was approved by the House in July 2025 and advanced by the Senate Banking Committee in May 2026. The legislation would divide oversight of digital assets between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), providing clearer rules for the industry. Supporters say it would reduce regulatory uncertainty and improve investor protection, while critics want stronger consumer safeguards. The bill must still clear Senate reconciliation, win at least 60 votes in the full Senate, and receive presidential approval before becoming law.

  • MAY 30, 2026 (6)

  • Altcoins Nidhi Kolhapur May 30, 2026 10:07 UTC

    Zcash Tests Key Support as Monero Gains on Large Purchase Activity

    Zcash fell 5% over the past 24 hours and 16% during the week, trading near $506 as it tested support around its 200-day moving average. The decline follows a rally of more than 100% last month that pushed the privacy-focused cryptocurrency close to $650. Meanwhile, Monero rose nearly 15% after a reported $23 million purchase linked to unusual on-chain activity originating from a Coinbase withdrawal. The development matters because it highlights diverging market sentiment toward major privacy coins. Next, traders will watch whether Zcash holds the $500 level and whether Monero’s momentum continues.

  • Ethereum Nidhi Kolhapur May 30, 2026 09:54 UTC

    $12.6 Million in Zama cUSDC Frozen Following Circle Blacklist Action

    Blockchain investigator ZachXBT reported that Circle may have blacklisted the Ethereum contract address associated with Zama’s confidential USDC (cUSDC), freezing approximately $12.6 million in user funds. The address had recently participated in an Overnight Finance governance vote related to treasury allocation. The freeze matters because it raises questions about the impact of blacklist actions on decentralized protocols and users holding tokenized assets. ZachXBT suggested a plaintiff in an ongoing lawsuit may have incorrectly linked the address to the Zama contract. Next, Circle, Zama, and the parties involved are expected to clarify the circumstances surrounding the freeze.

  • Hack Nidhi Kolhapur May 30, 2026 08:22 UTC

    Gravity Bridge Exploit Results in $5.4 Million Crypto Loss

    Gravity Bridge was exploited in a security breach that resulted in the theft of approximately $5.4 million in digital assets. The stolen funds included about $4.3 million in USDC, 274 ETH worth roughly $553,000, $434,000 in USDT, and PAYG tokens valued at around $64,000. Blockchain investigators reported that part of the funds has already been moved through crypto exchange and swapping services, while the attacker still controls about 2,102 ETH worth approximately $4.23 million. The incident highlights ongoing security risks facing cross-chain infrastructure. Next, investigators and platform operators are expected to track and attempt to recover the remaining assets.

  • Altcoins Nidhi Kolhapur May 30, 2026 07:06 UTC

    XLM Coin Price Surges 96% in 7 Days

    Stellar’s XLM token gained nearly 50% in two days and 96% over the past week after DTCC announced plans to explore asset tokenization on the Stellar network. The initiative could include tokenized versions of Russell 1000 stocks, major ETFs, and U.S. Treasuries. The development matters because DTCC plays a central role in global financial market infrastructure, and its involvement signals growing institutional interest in blockchain-based asset settlement. Next, market participants will watch for pilot programs, regulatory approvals, and further details on how tokenized assets could be deployed on Stellar.

  • SEC Approves Paxos as Blockchain-Based Securities Clearing Agency

    The U.S. Securities and Exchange Commission has registered Paxos Securities Settlement Company as a clearing agency under Section 17A, making it the only blockchain-native firm authorized to operate as a central securities depository in the United States. The approval follows seven years of regulatory engagement, including a 2019 no-action letter and a live equities settlement pilot launched in 2020. The decision matters because it brings blockchain infrastructure into a core part of U.S. securities markets. Next, Paxos will operate under a temporary registration while regulators develop a broader settlement framework.

  • Bitcoin Nidhi Kolhapur May 30, 2026 06:56 UTC

    Bitcoin Correction Triggers Loss Selling Among Short-Term Holders

    Bitcoin fell more than 10% from its May 8 peak of $82,000 and is now trading near $73,500, prompting increased selling by short-term holders. Investors who have held BTC for less than six months accounted for most of the recent loss-taking activity. Over the past 24 hours, Bitcoin sent to exchanges recorded a net loss of about 1,300 BTC, indicating stronger selling pressure. The shift matters because it highlights weakening sentiment among newer investors. Next, traders will watch whether selling eases or intensifies as Bitcoin tests support levels.

  • MAY 29, 2026 (11)

  • Changpeng Zhao Says Many AI Companies Won’t Survive

    Changpeng Zhao said artificial intelligence is likely to remain a long-term growth industry, but warned that many AI companies may fail as competition intensifies. According to Zhao, the sector is experiencing a surge of new entrants, making consolidation likely as the market matures. He added that even successful AI firms could face significant valuation and price volatility, while new competitors may continue emerging over time. Zhao compared the current AI landscape to previous high-growth industries, where strong technological adoption was accompanied by business failures, shifting market leaders, and periods of sharp investor speculation.

  • Bitcoin Nidhi Kolhapur May 29, 2026 08:03 UTC

    Bitcoin Whale Accumulation Slows

    On-chain data suggests accumulation by large Bitcoin holders has slowed in recent months. Wallets classified as dolphins have recorded a series of lower balance highs since September 2025, while whale balances have remained largely unchanged since February 2026. The trend indicates that some of the market’s largest participants are no longer increasing their exposure at the pace seen earlier in the cycle. While flat or declining accumulation does not guarantee a price correction, it may point to weakening demand from major holders. Traders are monitoring whether renewed whale buying emerges or if reduced accumulation continues to weigh on Bitcoin’s near-term momentum.

  • Ripple (XRP) Nidhi Kolhapur May 29, 2026 08:00 UTC

    RedotPay Expands XRP Payment and Transfer Capabilities

    RedotPay has expanded support for XRP, allowing users to spend XRP for everyday transactions, make international transfers, access credit backed by their holdings, and convert between fiat currencies and XRP within the platform. The added features are designed to improve the practical use of XRP beyond trading, giving users more flexibility in managing and spending digital assets. The development reflects a broader trend of payment-focused crypto platforms integrating digital assets into financial services. Market observers are watching whether increased real-world utility can drive greater adoption and transaction activity across the XRP ecosystem.

  • Altcoins Nidhi Kolhapur May 29, 2026 07:48 UTC

    Pi Network-Backed Gaming Platform Reaches 81,000 Users in First Week

    Pi Network announced that the beta version of the CiDi Games app on Pi Browser attracted more than 81,000 users within its first week of launch. The platform, backed by Pi Network Ventures, recorded over 1.2 million game sessions across 160 regions. The release introduced instant-access games, tournament features, developer tools, and integration with the Pi ELF companion ecosystem. The early adoption figures suggest growing engagement within the Pi Network ecosystem as it expands beyond payments and mining-related activities. Market participants will be watching whether user activity translates into sustained growth for developers and broader utility across the Pi ecosystem.

  • Ripple (XRP) Nidhi Kolhapur May 29, 2026 07:24 UTC

    XRP Order Book Shows Strong Buy-Side Depth on Coinbase

    The order book for XRP on Coinbase remains heavily weighted toward buy orders, with bid liquidity reportedly outnumbering sell-side liquidity by nearly seven times across larger order bands. While order book data does not predict price direction, it suggests that upward price moves may require less capital than comparable declines due to stronger buying interest at multiple levels. Order books reflect trader intentions rather than executed trades, and conditions can change quickly as orders are added or removed. Market participants are watching whether the sustained bid imbalance translates into stronger spot demand and price support for XRP in the coming weeks.

  • Crypto news Nidhi Kolhapur May 29, 2026 06:23 UTC

    Korea Investment & Securities and OKX to Acquire 40% Stake in Coinone

    Korea Investment & Securities and OKX are set to sign an agreement on May 29 to acquire a combined 40% stake in Coinone, with each party taking a 20% share. The transaction is reportedly valued between 500 billion and 600 billion Korean won ($332 million–$398 million) and is expected to be completed primarily through the issuance of new shares. Existing major shareholders will retain operational control. Korea Investment & Securities said the investment will support expansion into tokenized securities issuance and trading, digital asset brokerage services, and institutional client offerings, reflecting growing interest from traditional financial firms in South Korea’s crypto sector.

  • Altcoins Nidhi Kolhapur May 29, 2026 06:20 UTC

    Zcash Pulls Back 20% as Traders Assess Strength of Recent Rally

    Zcash has fallen roughly 20% from its recent peak after a rally that saw the token gain more than 1,000% from lows below $70 in late 2025. The surge was supported by institutional accumulation, including purchases by Multicoin Capital, and public endorsements from Naval Ravikant and Arthur Hayes. A reported $38 million short position placed near the top has become profitable as prices retraced, fueling debate over market structure and liquidation-driven volatility. Supporters point to Zcash’s zk-SNARKs privacy technology and increasing network hashrate, while critics question long-term adoption. Traders are closely watching the $500 level as a key support zone.

  • Exchange News Nidhi Kolhapur May 29, 2026 06:13 UTC

    Coinbase Premium Index Signals Continued Institutional Caution in Bitcoin Market

    The Coinbase Premium Index has remained weak since the start of the year, suggesting limited buying interest from institutional investors. The indicator measures the price difference between Bitcoin on Coinbase Advanced, widely used by institutional participants, and Binance, the largest global crypto exchange by trading volume. A low or negative premium typically points to stronger selling pressure or weaker demand from large investors. The trend comes amid ongoing macroeconomic uncertainty, including trade tensions and geopolitical risks. Unless institutional demand improves, sustained upward momentum in Bitcoin may remain difficult to achieve despite continued activity from retail traders.

  • Crypto news Nidhi Kolhapur May 29, 2026 06:04 UTC

    Sui Network Restores Operations After Six-Hour Outage Caused by Software Bug

    Sui blockchain has resumed normal operations after a network outage that lasted about six hours. The network stalled at 14:15 UTC on May 28 and was fully restored at 20:32 UTC, according to the Sui Network team. Reports indicate the disruption was caused by a crash bug in the gas charging logic introduced in the version 1.72 software release. The outage temporarily halted activity across protocols including Cetus, NAVI, Panzerdogs, and the USDC stablecoin ecosystem on Sui. No user funds were lost. The incident highlights the operational risks of software upgrades, and a detailed post-mortem is expected in the coming days.

  • Bitcoin Nidhi Kolhapur May 29, 2026 06:00 UTC

    Strategy Transfers 411 Bitcoin to Coinbase

    Strategy has moved 411.48 BTC, valued at approximately $30.3 million, to Coinbase Prime, according to blockchain tracking platform Lookonchain. The transfer has fueled market speculation about a potential Bitcoin sale, with odds on Polymarket indicating an 84% probability that Strategy will sell BTC before Dec. 31, 2026. While the transaction does not confirm an intent to sell, large transfers to exchange-linked custody platforms are closely monitored by traders. Market participants are now watching for further wallet activity or official comments from Strategy regarding the purpose of the transfer.

  • Ethereum Nidhi Kolhapur May 29, 2026 05:57 UTC

    Bit Digital Adds $20M in Ethereum

    Nasdaq-listed Bit Digital has expanded its Ethereum treasury with the purchase of 8,568 ETH worth approximately $20 million. The company acquired the tokens on May 11 at an average price of $2,334 per ETH. Following the transaction, Bit Digital’s total corporate holdings have grown to more than 158,000 ETH. The purchase comes despite Ethereum’s relatively weak market performance this year, underscoring the company’s long-term commitment to the asset.