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Crypto

BitMine builds 5.9 million ether; 5 percent stake possible without further buys

BitMine, led by Tom Lee (톰 리), has lifted its ether holdings to 5.9 million, nearing a goal of securing 5 percent of circulating supply. Most of its holdings are staked, and an analysis suggests staking rewards alone could cover the remaining shortfall under current assumptions. Calculations vary with changes in overall ether supply and staking yields. The firm also faces choices on whether to hold or convert staking rewards into dollars.

Crypto

Circle\'s institutional bitcoin collateral cirBTC back in focus, supply stuck at 40 BTC

Circle\'s bitcoin tokenisation product cirBTC is already operating on Ethereum, but its circulating supply remains at about 40 BTC. Circle highlighted the token again as a neutral collateral tool for institutions, though it has been running since June 8. Etherscan data show about 11 holder addresses, and CoinGecko lists it as preview-only and not tradable on tracked exchanges. Circle said issuance and redemption are supported via Circle Mint.

Crypto

Shiba Inu slides after 37 percent two-day surge as whale transactions jump

Shiba Inu (SHIB) fell after jumping 37 percent over two days, as retail investors increased momentum buying while large-holder transactions also surged, U.Today reported. Santiment data showed social media attention and social dominance rose to 0.084 percent, the highest since April, but retail interest peaked as the rise began to slow. The network logged 52 transactions of $100,000 or more in 24 hours, the most since late March. Concentrated holdings include burn and exchange wallets.