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BitMine (BMNR) Bought 97K in ETH ahead of Fusaka upgrade

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BitMine Immersion Technologies (BMNR), the Ethereum-centric crypto-tax company led by Fundstrat’s Thomas Lee, said Monday it acquired 96,798 in ether ETH$2,813.13 through last week continues its buying spree, while the digital asset treasury remains under pressure due to falling crypto prices. The latest purchase lifted the firm’s total ETH holdings to 3.73 million tokens, worth […]

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Strategy (MSTR) Still Premier Bitcoin (BTC) Price Proxy, Benchmark Says, Rejects ‘Doom’ Narrative

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Wall Street broker Benchmark said bitcoins BTC$86,302.83 price pullback has revived the usual alarms about the survival of bitcoin tax firm Strategy (MSTR), concerns it dismisses as noise that emerges when the cryptocurrency falls. In a report published Monday, analyst Mark Palmer argued that critics are mistaking short-term movements for genuine solvency risk, overlooking a

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Gleec Acquires Komodo’s Cross-Chain DeFi Stack for $23.5M

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Gleec has acquired the entire Komodo Platform ecosystem in a $23.5 million deal, bringing one of crypto’s earliest atomic swap and cross-chain technology stacks under the umbrella of a licensed financial services provider, the digital asset platform said in a press release Monday. The purchase includes Komodo’s brand, tech suite, token infrastructure and core developers,

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Japan to reduce crypto tax burden with planned 20% flat rate in boost for local BTC traders

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Japan is preparing to overhaul how it taxes cryptocurrency gains, moving toward a flat 20% tax that would bring digital assets in line with stocks and mutual funds, according to the Nikkei. The shift marks the country’s most significant policy update for the sector in years and reflects a growing perception among regulators that crypto

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Ethereum’s Fusaka Upgrade, Grayscale Chainlink Trust: Crypto Week Ahead

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Ethereum developers are preparing for the network’s second upgrade of 2025 to go live on the blockchain’s mainnet on Wednesday. Fusaka – a mix of the names Fulu + Osaka – consists of two upgrades that happen on Ethereum’s consensus and execution layers at the same time. The goal of the upgrade is to enable

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HashKey leads Hong Kong’s crypto market as losses widen ahead of IPO

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HashKey has emerged as Hong Kong’s largest licensed crypto exchange, but its IPO reveals that one company is paying a lot for that position. According to filings published Monday with the Hong Kong stock exchange, HashKey processed HK$638.4 billion (about $82 billion) in trading volume in 2024, about double the previous year, as its Hong

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