BitMine, the Ethereum treasury firm led by Thomas Lee, is tapping preferred equity markets to fund continued ETH accumulation despite mounting unrealized losses exceeding $8.5 billion. On June 3, the company announced plans to sell 3 million shares of 9.50% Series A perpetual preferred stock at a $100
A coordinated effort between the US Department of Justice and major private-sector companies — including Coinbase, SpaceX, and Meta — resulted in the freezing of $3.8 million in cryptocurrency and the disruption of 1.4 million scam-linked accounts. The initiative, dubbed 'Disruption Week,' marks a notable expansion of public-private
Goldman Sachs has partnered with fund administrator Apex Group and UK-regulated digital securities exchange Archax to launch a tokenized real estate fund, marking a significant step in institutional adoption of blockchain-based asset issuance. The fund merges blockchain-native token issuance with traditional fund structures, aiming to improve liquidity, transparency, and accessibility
A 13-session redemption wave has drained $4.4 billion from spot crypto ETFs tracking Bitcoin, Ethereum, Solana, and XRP, with BlackRock's IBIT alone shedding $342 million on Wednesday. The sell-off spans all major asset categories, as institutional and retail investors pull capital from products that had attracted significant
A sharp Bitcoin selloff liquidated approximately $1.5 billion in long positions across the crypto market, with the asset briefly falling below $62,000. Presto Research analysts link the drawdown to a broader macro rotation, noting that Bitcoin's declines this year have repeatedly coincided with rallies in AI
Bitcoin has fallen below $63,000 for the first time since February, extending a deepening price selloff that is rattling crypto markets. The decline has prompted traders to seek protection through options contracts, driving up the crypto fear gauge as sentiment turns increasingly bearish. The move signals a significant shift
Bitmine, the largest Ethereum treasury company co-founded by analyst Tom Lee, is issuing preferred shares carrying a 9.5% dividend yield to raise up to $300 million in fresh capital. The move mirrors the financing strategy pioneered by Michael Saylor's Strategy, which has repeatedly used preferred stock and