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Crypto

Bitmine moves to NYSE main board, expands share buyback cap to $4 billion

Bitmine Immersion Technologies moved its listing to the New York Stock Exchange main board and expanded its share buyback limit to $4 billion. Trading on NYSE began on April 9, while trading on NYSE American ended at the close on April 8. The board unanimously raised the 2025 repurchase authorization from $1 billion to $4 billion, including already executed buybacks. The company has also increased its Ethereum purchases and staking.

Crypto

Bitcoin stalls below key resistance line as outlook divided on next move

Bitcoin continues to move sideways just below an early-February resistance level, with views split on what comes next. It traded around $71,200, while ether was at $2,185. Risk appetite improved after a U.S.-Iran ceasefire, but crypto markets did not extend gains. Bitcoin futures open interest rose to a one-week high. Volatility indicators for bitcoin and ether kept falling, while option activity showed continued but easing put demand.

Crypto

Iran ceasefire signals stock market bottom, could lift bitcoin and ethereum

Fundstrat co-founder Tom Lee said an Iran ceasefire suggests U.S. stocks have passed a bottom and the move could extend to cryptocurrencies such as bitcoin and ethereum. He said a sustained rise could follow if the S&P 500 clears its 200-day moving average of 6,617. Lee cited market resilience during the conflict, on-chain indicators near past cycle lows and supportive flows into bitcoin and ether ETFs.