BitMine Immersion the Ethereum treasury company chaired by Tom Lee, has continued to expand its digital asset reserves, adding another 24,266 Ether in the past week. The move brings BitMine’s total ETH holdings to 4,167,768 ETH, reinforcing its position as the largest Ethereum treasury holder globally. At current market prices, BitMine’s Ethereum reserves are valued at around $13 billion while its total crypto and cash holdings stand near $14 billion. The company did not disclose the average acquisition price for the latest purchase, though the added ETH alone is estimated to be worth over $75 million. BitMine’s scale is notable…
Author: Bitxjournal Team
World Liberty Financial, a decentralized finance project linked to the family of US President Donald Trump, has entered the crypto lending sector with the launch of a new onchain marketplace. The move brings its rapidly growing USD1 stablecoin, now valued at $3.4 billion, directly into digital asset lending and borrowing markets. The newly launched platform, World Liberty Markets, enables users to lend and borrow cryptocurrencies using onchain collateral. At launch, supported collateral includes Ether, tokenized Bitcoin, and major stablecoins such as USDC and USDT, allowing participants to access liquidity without selling their assets. The system integrates USD1 as a core…
The Bank of Italy has conducted a detailed analysis of the potential risks if Ether (ETH) were to collapse to zero, framing the cryptocurrency not just as a speculative asset but as critical financial infrastructure supporting Ethereum-based payment and settlement systems. The study highlights how a severe price shock could translate into operational and systemic risks for financial markets. In a research paper titled “What if Ether Goes to Zero? How Market Risk Becomes Infrastructure Risk in Crypto,” Bank of Italy economist Claudia Biancotti examined the connection between ETH price volatility and the security of Ethereum’s blockchain. The study models…
The US Securities and Exchange Commission has taken a cautious approach toward new crypto investment products, delaying decisions on two proposed crypto ETFs while simultaneously advancing the review process for options linked to a separate multi-asset crypto fund. The moves highlight the regulator’s continued focus on market structure, investor protection, and risk oversight. In recent regulatory filings the SEC extended its review period for proposed rule changes that would allow the listing of the Canary PENGU ETF and the T. Rowe Price Active Crypto ETF. The extension permitted under the standard ETF approval framework, gives the agency additional time to…
BitGo Holdings, a leading cryptocurrency custody provider, has officially launched its initial public offering (IPO) in the United States, signaling a major step in its expansion as a regulated financial services company. The IPO filing with the US Securities and Exchange Commission (SEC) outlines plans to raise up to $201 million while targeting a valuation of nearly $1.96 billion. The offering will consist of 11 million new shares of Class A common stock issued by BitGo, along with 821,595 shares from existing stockholders, totaling roughly 11.8 million shares. Based on the proposed price range of $15 to $17 per share,…
The public token sale for decentralized perpetuals exchange Trove Markets has come under scrutiny after last-minute contract changes and mixed communications triggered confusion across both investors and prediction market traders. The sale ultimately raised over $11.5 million, but the final moments sparked allegations of poor governance and market disruption. As the token sale approached its scheduled conclusion, onchain observers noticed a sudden update to the sale contract, extending the deposit deadline to January 20. This change appeared to allow new capital to enter the sale after many participants believed fundraising had ended. At the same time, unusual activity emerged in…
Advances in quantum computing are increasingly viewed as a long-term risk to the $2 trillion Bitcoin network, raising concerns about the durability of today’s cryptographic security. In response, post-quantum cryptography firm BTQ Technologies has introduced Bitcoin Quantum, a permissionless fork and testnet designed to explore defenses against quantum-enabled attacks. Quantum computers are capable of solving certain mathematical problems exponentially faster than classical machines. This creates two major risks for Bitcoin: the potential to derive private keys from public keys and to weaken the proof-of-work mechanism that secures transaction ordering. Either scenario could undermine trust in the network’s core security model.…
Future Holdings AG, a Swis Bitcoin treasury firm backed by Adam Back, has agreed to preliminary takeover terms with Sweden-listed H100 Group, marking a potential milestone in Europe’s growing institutional Bitcoin landscape. The move reflects rising interest in public-market Bitcoin treasury structures as companies seek regulated exposure to digital assets. Future Holdings confirmed it has signed a non-binding letter of intent with H100 that outlines the acquisition of 100% of its shares. The transaction aims to merge Future’s Swiss presence with H100’s listed structure, creating what both parties describe as a credible governance framework for long-term institutional adoption. Founded in…
Strategy has completed its largest Bitcoin purchase since July, strengthening its position as the world’s biggest publicly traded Bitcoin holder. The latest acquisition underscores continued institutional confidence in Bitcoin, even as prices hover near historic highs. During the past week, Strategy acquired 13,627 BTC for approximately $1.25 billion, paying an average price of about $91,519 per Bitcoin. With this purchase, the company’s total Bitcoin holdings climbed to 687,410 BTC, accumulated at a combined cost of $51.8 billion. This brings its average purchase price to roughly $75,353 per Bitcoin, highlighting the firm’s long-term accumulation approach rather than short-term market timing. According…
OKX founder and CEO Star Xu has publicly defended the exchange’s decision to freeze approximately $40,000 in stablecoins after a user admitted that the accounts involved were purchased KYC-verified accounts, rather than registered under their own identity. The case has reignited debate around identity compliance, asset security, and user responsibility on centralized crypto platforms. The issue surfaced after a social media user claimed that multiple accounts were locked following internal risk control triggers. The frozen funds were reportedly held in USDG stablecoins, with the user stating the money was intended for urgent medical expenses. However, the individual later acknowledged that…