BitMine Immersion Technologies is raising $18 million through a public stock offering to expand its Bitcoin holdings. According to the company’s announcement in a June 4 press release, the offering includes 2.25 million shares priced at $8.00 each. BitMine has also granted underwriters a 45-day option to purchase an additional 337,500 shares to cover potential over-allotments. The offering is expected to close on June 6, pending customary conditions. BitMine intends to use all of the funds raised to purchase Bitcoin (BTC), aligning with its strategy of acquiring Bitcoin through mining…
Day: June 5, 2025
Ethereum Eyes 15% Move Amid $2,680 Retest – Breakout Next?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum (ETH) is retesting a crucial resistance level amid its daily 3% recovery. The cryptocurrency has been rejected from this area since last month’s market recovery, failing to continue its bullish rally. As its price continues…
Bitcoin bulls may face Donald Trump ‘tariff ultimatums’ trap
The ongoing loop of tariff uncertainty from US President Donald Trump is the most significant risk for those betting big on Bitcoin over the next two months, a crypto analyst warns. “The biggest threat to bulls right now is that nothing changes over the next two months, and we just stay trapped in this cycle of endless tariff ultimatums,” Swyftx lead analyst Pav Hundal told Cointelegraph. US policymakers waiting for “hard data” Hundal said there is a risk that US policymakers delay monetary easing until they get “hard data” on…
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$63 Billion in Bitcoin Scooped Up by New Whales, Is $135K Still in Play?
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
Suspected French crypto kidnappings leader arrested in Morocco
A man accused of being one of the masterminds behind a string of recent kidnappings in France to gain access to crypto has been arrested in Morocco. At the request of French authorities, Morocco’s national police and intelligence service arrested Badiss Mohamed Amide Bajjou — a 24-year-old French-Moroccan man who was reportedly found in possession of multiple bladed weapons and several mobile phones. France’s Minister of Justice, Gérald Darmanin, praised the arrest in a June 4 X post after French news outlet Le Parisien reported the arrest. “I sincerely thank…
SEC Chair Prioritizes Crypto—Trading, Custody, Issuance Rules Incoming
The SEC chair is fast-tracking a comprehensive regulatory overhaul for crypto, aiming to legitimize markets, eliminate fraud, and unlock massive innovation across the digital asset space. SEC Chair Fast-Tracks Crypto — Key Rules Are Coming U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins placed the regulation of digital assets at the forefront of […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Ethereum pourrait EXPLOSER avec Pectra ! Bitcoin dépassé ? Le fork qui va tout changer en 2025 !
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Tout sur la plus importante mise à jour d’Ethereum depuis The Merge de 2022 : Que change Pectra pour Ethereum et pourquoi c’est révolutionnaire ? L’EIP-7702 : Transformez votre wallet en smart contract avec une signature ! Boost du staking : 2048 ETH par validateur au lieu de 32 Transactions moins chères sur les rollups Ethereum vs Bitcoin : match amical entre les deux géants Dans la deuxième partie, on fait le point sur les marchés crypto : Bitcoin dominant au-dessus des…
Bitcoin Hash Ribbons flash buy signal amid miner stress
A fresh Hash Ribbons buy signal has flashed for Bitcoin, a historically reliable indicator that miner capitulation may pave the way for a bullish reversal. The signal, highlighted in a June 5 analysis by CryptoQuant contributor Darkfost, shows a crossover in Bitcoin’s (BTC) 30-day and 60-day hashrate moving averages. This pattern has historically preceded major price recoveries and is often triggered when weaker miners capitulate during periods of unprofitability. “Mining becomes unprofitable for certain miners, and they are forced to sell BTC in order to stay operational,” Darkfost explained. This…
Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Senator Cynthia Lummis, who leads the Senate Subcommittee on Digital Assets, says the US military backs a plan to create a Strategic Bitcoin Reserve. Jamie Dimon, the CEO of a major bank, recently called that plan a…