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Crypto

BitMine buys 12,535 more ether, holds 4.9% of total supply

BitMine Immersion Technologies bought an additional 12,535 ether, lifting its total holdings to 6,041,481. The company’s stake is about 4.9% of the 122.1 million ether in total supply, putting it about 99% of the way to its stated goal of reaching 5%. The purchase was worth about $30 million. BitMine values its ether holdings at about $14.3 billion and says total assets were $15.1 billion as of Oct. 18.

Crypto

Bitcoin investor sentiment cools; prediction market sees 56 percent chance of fall to $80,000

Bitcoin investor sentiment has retreated to levels seen before the August rally, with the crypto fear and greed index falling to 56 from 67 a week earlier. Bitcoin slipped from last week’s high of $86,978 to as low as $81,749.83, and remains down about 4 percent on the week. U.S.-listed spot bitcoin ETFs posted large outflows, while ethereum funds extended their outflow streak. Rising oil prices and higher U.S. Treasury yields also weighed.

Crypto

Bitmine buys 12,532 more ether, nears 5 percent of supply

Bitmine Immersion Technologies bought an additional 12,532 ether over the past week, bringing its holdings to 6,028,946 ether, or 4.9 percent of total ether supply of 122.1 million, Cryptopolitan reported. The company’s target is 6,105,000 ether, leaving it 76,054 short. Chairman Tom Lee put the remaining gap at about 100,000 ETH. The company has been buying weekly since starting its ether treasury strategy on June 30, 2025.