Despite a massive loss of 3 billion, BitMine increases its position, betting on an Ethereum reversal.

Despite holding a floating loss of over $3 billion, cryptocurrency investment company BitMine accelerated its purchase of 138,000 Ethereum last week, with the buying speed increasing by 156% compared to four weeks ago. As the price of Ethereum hovers around $3,100, the 3.86 million ETH held by BitMine Immersion Technologies is currently in a floating loss, with an average cost as high as $3,925. However, the company not only did not reduce its holdings but instead increased its position by 138,452 ETH in the past week, making

Despite a massive loss of 3 billion, BitMine increases its position, betting on an Ethereum reversal.

1 hour ago

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962

3 PM, official live broadcast: Newbie gathering! Complete guide for beginners on Binance exchange (membership giveaway, merchandise draw)

This live broadcast helps beginners quickly get started, and has organized a practical and thoughtful tutorial for everyone, along with market analysis, to create a true Binance introductory guide aimed at "newbies."

3 PM, official live broadcast: Newbie gathering! Complete guide for beginners on Binance exchange (membership giveaway, merchandise draw)

1 hour ago

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1350

On the night of the interest rate cut, who will steer the Federal Reserve?

the future of the Federal Reserve is unfolding, as internal divisions and the competition for the next chairperson are pushing this most influential central bank in the world towards a crossroads filled with uncertainty. Tonight, the Federal Reserve is set to announce its December interest rate decision, with the market widely expecting a 25 basis point cut. This could be another "dovish" victory, albeit a difficult one for the current chair, Powell, amid the sharp opposition between "hawks" and "doves." Meanwhile, a decisive battle is taking place.

On the night of the interest rate cut, who will steer the Federal Reserve?

3 hours ago

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6762

Bitcoin becomes the main line of the treasury: Twenty One showcases scale advantages, Hyperscale strengthens the purchasing rhythm.

BBX disclosed that yesterday, the global listed companies' Bitcoin allocation demonstrated a strategic panorama of "stock proof" and "incremental commitment" running in parallel.

Bitcoin becomes the main line of the treasury: Twenty One showcases scale advantages, Hyperscale strengthens the purchasing rhythm.

3 hours ago

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AICoin Daily Report (December 10)

Putin claims that no one can ban Bitcoin; gold breaks historical high; BlackRock transfers 272 BTC; BMW completes on-chain programmable foreign exchange payments; Standard Chartered lowers Bitcoin target price to $100,000.

AICoin Daily Report (December 10)

5 hours ago

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4024

Key U.S. Senator on Crypto Bill, Lummis, Negotiating Dicey Points With White House

The Republican lawmaker who is among the core negotiators on the U.S. market structure bill said the White House has rejected some ethics language.

Key U.S. Senator on Crypto Bill, Lummis, Negotiating Dicey Points With White House

5 hours ago

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3604

XRP Underperforms Market as Sudden Bitcoin Surge Ends Up in $387M Liquidations

XRP\\\'s technical outlook remains uncertain, with support at $2.05 and resistance at $2.17, as traders watch for volume expansion

XRP Underperforms Market as Sudden Bitcoin Surge Ends Up in $387M Liquidations

9 hours ago

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5999

Stripe-Backed Blockchain Tempo Starts Testnet; Kalshi, Mastercard, UBS Added as Partners

Tempo, built by Stripe and Paradigm, has started testing payment-focused blockchain and has onboard a slew of institutional partners.

Stripe-Backed Blockchain Tempo Starts Testnet; Kalshi, Mastercard, UBS Added as Partners

13 hours ago

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7424

Behind the "Theft and Fraud" of Cryptocurrency: Why Civil Remedies Frequently Encounter Obstacles?

Discuss the current situation and challenges of criminal cases involving cryptocurrency.

Behind the "Theft and Fraud" of Cryptocurrency: Why Civil Remedies Frequently Encounter Obstacles?

15 hours ago

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7681

IREN Raises $2.3B, Repurchases Debt in Balance Sheet Overhaul

The bitcoin miner extended maturities, reduced coupon costs and strengthened its capital structure.

IREN Raises $2.3B, Repurchases Debt in Balance Sheet Overhaul

16 hours ago

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7744

When the Token is the only product and source of income: The shovel of Fujian merchants cannot create a counterfeit sickle after 25 years.

Who exactly has contributed to today's high FDV and low circulation situation? Turning the token into the ultimate product/service?

When the Token is the only product and source of income: The shovel of Fujian merchants cannot create a counterfeit sickle after 25 years.

17 hours ago

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7728

Where are the main forces hiding to take action? Let's uncover their three core strongholds!

Where are the main forces hiding to take action? Let's uncover their three core strongholds!

Where are the main forces hiding to take action? Let's uncover their three core strongholds!

18 hours ago

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8722

Key market intelligence on December 9, how much did you miss?

1. On-chain funds: $14.6M flowed into Arbitrum last week; $7.2M flowed out of Unichain 2. Maximum price fluctuation: $LUNA, $NIGHT 3. Top news: The NFT market welcomes the "Golden Dog" again, with multiple transactions of Regular Animals exceeding $35,000

Key market intelligence on December 9, how much did you miss?

18 hours ago

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7798

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