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3.86M ETH and Counting — BitMine’s Progress Toward 5% of Ethereum Supply

BitMine Immersion Technologies has amassed 3.86 million ETH, equivalent to approximately 3% of Ethereum’s circulating supply, as revealed in its first annual earnings report since pivoting to an Ethereum treasury strategy. Chairman Tom Lee announced the company now holds the world’s largest Ethereum treasury and aims to control at least 5% of the total supply. Beyond simply holding ETH, BitMine is implementing advanced strategies including a custom staking solution expected to generate $1.3 million daily once fully operational. The firm also plans to launch BitMine Labs, a venture studio focused on high-risk, high-reward Ethereum-based investments. This marks a significant shift from its previous focus on Bitcoin mining, positioning BitMine as a major force in Ethereum accumulation and yield generation.

ccn.com12/08 15:26

3.86M ETH and Counting — BitMine’s Progress Toward 5% of Ethereum Supply

ccn.com12/08 15:26

SHIB’s Comeback Could Rally Hard, Yet Ozak AI Projection Shows Triple the Potential

Shiba Inu (SHIB) is showing signs of a strong comeback as meme coin interest and market sentiment improve, supported by growing community engagement and Shibarium development. Analysts suggest SHIB could experience a significant rebound, with key resistance levels identified for a potential rally. However, Ozak AI is projected to offer triple the long-term gains compared to SHIB, driven by its AI-native utility, advanced infrastructure—including prediction engines and cross-chain intelligence—and a successful presale that has raised over $4.8 million. While SHIB may deliver solid returns, Ozak AI’s early-stage valuation and real-world functionality position it for far greater growth potential in the evolving AI-crypto landscape.

TheNewsCrypto12/08 15:17

SHIB’s Comeback Could Rally Hard, Yet Ozak AI Projection Shows Triple the Potential

TheNewsCrypto12/08 15:17

Dogecoin Payments For Cars: The Quiet Promise That Tesla’s New Code Carries

Tesla is making significant backend code updates that strongly suggest an imminent integration of Dogecoin (DOGE) payments for purchasing its cars, including the Model 3 and Cybertruck. According to community member DogeMemeGirl, the new code, which is deeply woven into the vehicle ordering process, represents a "massive" upgrade from the old, dormant system previously used only for merchandise. It includes hidden "order with Dogecoin" buttons, real-time price conversion, and dynamic error handling. Notably, Bitcoin references have been removed, indicating DOGE may be the only cryptocurrency accepted. This development follows Elon Musk's earlier promise and coincides with speculation that his platform X may also integrate DOGE into its upcoming payment system. At the time of writing, DOGE is trading around $0.14.

bitcoinist12/08 15:06

Dogecoin Payments For Cars: The Quiet Promise That Tesla’s New Code Carries

bitcoinist12/08 15:06

New DePIN protocol rolls out ZK-Proof processing marketplace

Brevis has launched ProverNet, a decentralized physical infrastructure (DePIN) marketplace for zero-knowledge proof (ZK-proof) computation. The platform enables users to earn by providing proving capacity and allows applications to access scalable ZK-proof processing. Initially using USDC for settlements, the network plans to transition to its native BREV token upon mainnet launch, which will also introduce staking and slashing mechanisms for provers. ProverNet addresses the computationally intensive nature of ZK-proof generation by distributing tasks through continuous auctions and job matching. Brevis, already an established player, has processed over 250 million proofs for partners like Uniswap, PancakeSwap, and MetaMask. The system is designed to handle variable workloads, offering flexibility and avoiding vendor lock-in. Production workloads, including Ethereum block execution proofs from ETHProofs, are already being migrated to the new network.

cointelegraph12/08 15:01

New DePIN protocol rolls out ZK-Proof processing marketplace

cointelegraph12/08 15:01

‘Something Big’ Is Coming For XRP, Says Toroso Investments Portfolio Manager

Michael A. Gayed, portfolio manager at Toroso Investments, has sparked significant interest in the XRP community by teasing a major upcoming initiative. Through a series of social media posts, Gayed hinted at a strategy potentially involving the Japanese Yen and XRP, tied to his bearish macro outlook. He denied claims of engagement farming, stating he is "working on something big" and promised a detailed analysis to be released soon. Gayed, known for his risk-focused research and ETF expertise, suggests this move is part of a structured macro thesis linking currency markets and crypto. The exact nature of his plan remains undisclosed, but he has drawn widespread attention from the XRP community. At the time of reporting, XRP was trading at $2.089.

bitcoinist12/08 14:51

‘Something Big’ Is Coming For XRP, Says Toroso Investments Portfolio Manager

bitcoinist12/08 14:51

Institutional Investors Pour $716,000,000 Into Bitcoin, XRP, Chainlink, Ethereum, Solana and Crypto Assets in One Week: CoinShares

Institutional investors injected a total of $716 million into digital assets in a single week, driven by strong inflows into exchange-traded products (ETPs), according to CoinShares. This marks the second consecutive week of increased investment, reflecting improved market sentiment. Total assets under management rose to $180 billion, a 7.9% increase from November lows. Bitcoin led with $352 million in inflows, bringing its year-to-date total to $27.1 billion. XRP saw significant interest with $245 million, while Chainlink recorded a historic $52.8 million inflow, equivalent to over 54% of its AUM. Ethereum attracted $39.0 million and Solana gained $2.96 million. Short-Bitcoin products experienced outflows of $18.7 million, the largest since March 2025, indicating that investors may believe negative sentiment has bottomed out. Geographically, the United States led with $483 million in inflows, followed by Germany and Canada with $96.9 million and $80.7 million, respectively.

dailyhodl12/08 14:46

Institutional Investors Pour $716,000,000 Into Bitcoin, XRP, Chainlink, Ethereum, Solana and Crypto Assets in One Week: CoinShares

dailyhodl12/08 14:46

XRP bulls grow louder: What will spark the breakout toward $2.65?

XRP price has increased by 3% in the past 24 hours and 15.5% from its November low, trading near $2.10. Analysts suggest a potential 27% rise to $2.65, supported by a symmetrical triangle breakout pattern. Institutional demand remains strong, with XRP investment products seeing $245 million in weekly inflows and spot XRP ETFs recording 15 consecutive days of net inflows, totaling nearly $900 million in cumulative inflows. On-chain data shows bullish trader sentiment, with positive funding rates and 72% of Binance accounts holding long positions. A sustained close above $2.15 could confirm upward momentum toward the $2.65 target.

cointelegraph12/08 14:40

XRP bulls grow louder: What will spark the breakout toward $2.65?

cointelegraph12/08 14:40

Binance Suspends Employee for Insider Trading. What Happened

Binance has terminated an employee for insider trading after discovering they used confidential information for personal gain. The incident involved a post from the official Binance Futures account on X (formerly Twitter) on December 7th. The employee, aware of the post's content in advance, launched a token with a matching name and design just seconds before the announcement was published. Binance labeled this a severe abuse of the employee's position and a violation of the exchange's professional conduct code. The individual was immediately dismissed and is facing further disciplinary measures. The exchange stated it is cooperating with relevant authorities in the employee's jurisdiction and will pursue legal action. The scheme was uncovered following user complaints. Binance's team welcomed the community's vigilance and has distributed $100,000 among the first five informants who reported the issue. Evidence suggests the token in question was "year of yellow fruit." Its launch coincided with a since-deleted post from Binance Futures containing the text: "The year of the yellow fruit and harvest! Plant wisely. Harvest abundantly." The token's price surged over 6000% following the post before crashing dramatically. Binance's own investigation announcement coincided with another sharp, brief price pump for the token.

RBK-crypto12/08 14:33

Binance Suspends Employee for Insider Trading. What Happened

RBK-crypto12/08 14:33

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