BitMine accumulates 42,197 ETH in a week, bringing its @ethereum holdings to 4.8% of total supply. The treasury company, chaired by @fundstrat, now holds 5.7M ETH worth ~$73M.
(The Defiant)
Affected by expectations surrounding the US midterm elections, S&P 500 futures fell 0.5%, Nasdaq futures fell 0.9%, Bitcoin prices fell more than 1% to around $76,800, and Ether and other major cryptocurrencies also fell in tandem.
Anthropic (ANT) is expected to list in about two weeks, with an anticipated valuation of $1.75 trillion. Currently, the market capitalization of pre-market contracts across various platforms is approximately $1.8 trillion. A whale is shorting Anthropic (ANT) pre-market contracts on Hyperliquid, with a current short position valued at $25.43 million, and is still adding to its position.
Ark Invest bought 12,835 shares of Circle Internet Group on Tuesday, worth approximately $965,400; at the same time, it sold 37,754 shares of Bullish, worth approximately $866,800. (Source: The Block)
According to Matthew Sigel, head of digital asset research at VanEck, with a hashrate of 1038 EH/s, an electricity price of $0.08, an S21 XP mining rig price of $3459, and a three-year depreciation period, Bitcoin would need to reach an average price of approximately $100,000 for miners to break even, and approximately $116,000 would be needed to achieve cash recouping by the end of 2028.
