BitMine and an unknown whale have acquired nearly $882 million in Ether through major OTC desks and exchange withdrawals in a show of growing institutional demand.
BitMine and an unknown whale have acquired nearly $882 million in Ether through major OTC desks and exchange withdrawals in a show of growing institutional demand.
Withdrawals and trading for Monero (XMR) on the Kraken exchange remain open, and deposits will resume once it is safe, the exchange said.
Without localized risk detection and public–private cooperation, illicit capital will continue to flow unchecked, and trust in the system will collapse.
The crypto industry is set to experience massive growth in the United Arab Emirates (UAE) due to its pro-tech and business regulations.
The current capital reserve requirements and rules make holding cryptocurrencies too costly for banks, limiting the sector’s growth.
The Treasury is considering embedding digital identity checks into DeFi smart contracts as part of its GENIUS Act consultation on crypto compliance tools.
Buyer exhaustion may set the stage for a correction in August before investor capital surges into altcoins, as in previous market cycles.
Ethereum’s price moves closer to its all-time high, but liquidity shortage could trigger a breakout toward $6,000.
BitMine and SharpLink are raising over $25 billion to expand Ether treasuries as US debt hits $37 trillion, fueling bullish crypto market sentiment.
Bitcoin and Ether’s pullback suggests selling on rallies, but buyers are likely to step in at key support levels.