Bitmine Plans $20B Ethereum Blitz — Could ETH Hit $15,000? - BitMine Immersion Techs (AMEX:BMNR)
BitMine Immersion aims to hold up to 5% of Ethereum's supply with a $24.5 billion equity raise, driving ETH's price over $4,400 amid growing institutional demand.
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Ether Nears Record High, Topping $4,700 as BitMine Eyes $20 Billion Expansion
Ether extended its rally on Tuesday, surging 9% to reach $4,708 by Wednesday morning. The world’s second-largest cryptocurrency is now trading just 4% shy of its all-time high of $4,891 set in November 2021. “Including staking rewards, ETH has now outperformed BTC by 900 [basis points] YTD,” said VanEck’s head of digital assets research, Matthew Sigel, on X. The price action comes as BitMine Immersion Technology announced plans to raise an addit…
Bitmine Plans $20B Ethereum Blitz — Could ETH Hit $15,000? - BitMine Immersion Techs (AMEX:BMNR)
Ethereum's (CRYPTO: ETH) next moonshot might be brewing — and it's not coming from a meme coin army, but from Bitmine Immersion Technologies Inc's (NYSE:BMNR) boardroom. The Cathie Wood, Peter Thiel and Tom Lee backed crypto infrastructure company is reportedly planning to raise a staggering $20 billion for one purpose: to buy ETH. Track ETH price swings here. That's double the scale of the last big corporate buying spree, which sent prices fro…
ETH Surges to $4,700, Nearing All-Time High Amid Bitmine's $20B Plan – Markets and Prices Bitcoin News
Ethereum surged over 10% on Aug. 13, reaching $4,780, its highest price since November 2021, and marking a nearly 30% increase since trading below $3,600 on Aug. 6. Institutional and Analyst Outlook Ethereum ( ETH) closed in on its all-time high on Aug. 13 after surging by more than 10% in 24 hours to reach […]
Ethereum Price Nears All-Time High, ETH ETF Inflows Cross $1.5B in Two Days - Invest In Crypto News
Ethereum, the second-largest cryptocurrency, has been rallying nearly 30% in the past week and is now close to its $4,800 all-time high. Pseudonymous crypto trader Yashasedu says Ethereum might be preparing for one of its biggest moves yet. If Bitcoin hits $150,000, Ethereum might soar past $8,500, and past trends suggest it’s possible. Ethereum Eyeing 35% Gain, IF! According to trader Yashasedu, Ethereum (ETH) may be on the verge of another exp…
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