Ethereum price is grinding steadily, but its quiet number masks a much louder signal underneath. BitMine Immersion Technologies, chairman Tom Lee’s crypto treasury vehicle, just made its largest single ETH purchase since June.

BitMine picked up 53,501 ETH worth $131 million, pushing its total stack to 5,901,112 ETH, or valued near $14.8 billion at a $2,511 reference price. That’s 4.9% of Ethereum’s entire circulating supply, putting the firm 98% of the way toward its self-described “Alchemy of 5%” target.

The buy also extends an unbroken streak: BitMine has bought ETH every single week since June 30, 2025, now 65 weeks running. Lee says Ethereum has outpaced the S&P 500 by 5,430 basis points this quarter alone.

This accumulation doesn’t happen in a vacuum. ETH momentum has been building since early August, and the technical picture now hinges on whether that institutional bid is enough to force a breakout.

Discover: The Best Crypto to Diversify Your Portfolio

Can Ethereum Price Hit $3,000 This Week?

ETH is consolidating around $2,450, inside a range bounded by a low of $2,444 and a high near $2,485 over the past day, tight action for a coin absorbing a nine-figure institutional purchase. Price is consolidating inside a rising wedge just below the critical $2,550 resistance, a level that has rejected two separate breakout attempts already.

Below, support clusters at the 20-day EMA ($2,293.75), Supertrend ($2,212.19), 200-day EMA ($2,161.32), and 100-day EMA ($2,036.88), with price currently holding above all four, a constructive if imperfect setup.

Ethereum (ETH)

24h7d30d1yAll time

The best scenario is for it to have a clean break above $2,550, which opens a path toward $2,800. Or it could have a continued chop inside the wedge while BitMine’s weekly buying provides a soft floor.

However, the bear case happens if another rejection at $2,550 sends the price back toward the $2,161 200-day EMA. Worth watching before positioning either way.

Agree with Tom Lee’s take? Trade ETH on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

LiquidChain Targets Early Mover Upside as Ethereum Tests Key Levels

BitMine’s conviction validates the ETH accumulation thesis, but at a $2,459 price point and a $296 billion-plus market cap, the doubling and tripling that early ETH holders saw years ago isn’t realistically on the table anymore. That math is pushing traders further down the risk curve, toward infrastructure plays still in price discovery.

LiquidChain ($LIQUID) is one of the names picking up that flow. LiquidChain is a Layer 3 infrastructure project fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment with a unified layer where developers deploy once and reach all three ecosystems rather than fragmenting liquidity across chains.

The presale is priced at $0.014951 with $960K raised so far. Core features include Single-Step Execution and Verifiable Settlement, aimed at solving the liquidity fragmentation problem that’s dogged cross-chain trading since day one. P

Research LiquidChain before the round progresses further.

Discover: The Best Token Presales

The post Ethereum Price Holds as Tom Lee’s BitMine Makes Biggest ETH Buy Since June appeared first on Cryptonews.

Source link

BTC drifted lower after last week’s rally to $81,428, while ARB led DeFi gains as Robinhood Chain’s daily fees topped $2 million.

Source link

The country’s financial watchdog says its proposed stablecoin rules are aligned with U.S. and EU frameworks and that it also paves the way for the recognition of foreign stablecoin.

Source link

Your day-ahead look for Sept. 1, 2026

Source link

XRP is down 1.80% on the day, but a New York Stock Exchange-listed fund has some big news, revealing that Ripple makes up the largest share of its holdings. The crypto is surpassing even assets tied to companies better known for their role in the crypto exchange industry.

C1 Fund Inc. (NYSE: CFND) disclosed its Q2 2026 holdings, revealing Ripple Labs as its largest position at 17.5% of net assets, edging out Kraken parent Payward at 16.9%. The fund’s net asset value landed at $6.49 per share, and its Ripple stake alone generated 150% in four months, a return the fund partly credits to Ripple’s own share repurchase program.

C1 also deployed $33.07 million across 11 private digital companies, adding Polymarket to the mix during the quarter. It is a signal that institutional appetite for crypto-adjacent private equity isn’t slowing down.

This TradFi validation lands against a choppier technical backdrop, and the two don’t always move in sync. Institutions buy conviction on a quarterly basis; traders react to candles by the hour.

Discover: The Best Crypto to Diversify Your Portfolio

Can XRP Price Hit $1.50 This Week Amid The Bullish Ripple News?

XRP sits at $1.36, off 1% intraday, with the broader 7-day trend still negative after a volatile stretch that saw the token swing between $1.33 and $1.39. ETF-linked inflows have kept a bid under price even as the token trades below key resistance.

Xrp (XRP)

24h7d30d1yAll time

Momentum readings are mixed-to-constructive. RSI near 61 and a MACD buy signal on daily charts, though shorter-term oscillators flash overbought. Traders are watching $1.34–$1.35 as the line in the sand. Hold that zone, and a push toward $1.42–$1.43 resistance opens the door to the $2 targets some analysts have floated for September. Lose it, and the setup risks a slide toward $1.25.

A scheduled Ripple escrow release adds a supply-side variable worth tracking this week, separate from the fund-flow narrative entirely.

Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key Levels

XRP holders riding the C1 Fund headline have reason to feel validated. Institutional money doesn’t chase a dead asset. But a token already carrying a market cap in the tens of billions doesn’t offer the same asymmetric upside as something still in price discovery. This is where rotation logic kicks in for traders looking beyond the next resistance test.

Bitcoin Hyper ($HYPER) is building the first Bitcoin Layer 2 with native SVM integration with smart contract execution running faster than Solana itself, bridged to Bitcoin’s base-layer security through a decentralized canonical bridge.

The presale has raised $33 million so far, with tokens priced at $0.0136855 and a huge 35% staking rewards live for early participants. The pitch: Bitcoin’s trust layer, without the slow throughput and missing programmability that’s kept it sidelined from DeFi.

Research Bitcoin Hyper before the next raise milestone.

Discover: The Best Token Presales

The post Ripple News: XRP is Top Asset in New York-Traded C1 Fund appeared first on Cryptonews.

Source link

South Korea’s Kospi closed at 6,835.8 points on Tuesday, up 0.23%, as buyback-driven gains in Samsung Electronics and SK Hynix offset net selling from foreign, institutional, and retail investors alike.

The index marked its second straight gain, having opened 0.52% lower after fresh U.S.-Iran airstrikes and a hawkish Fed speech from Chair Kevin Warsh unsettled global markets. The Kospi has since recovered from a session low near 6,617 on Monday.

Chip Stocks Reverse an Early Slide

Wall Street had fallen overnight, with the Dow Jones Industrial Average down 0.7% and the S&P 500 off 0.33%, after Warsh’s Jackson Hole speech fanned concerns over a possible rate hike at the Fed’s meeting later this month.

However, the Kospi erased those losses in the afternoon as government data showed Korea’s August exports stayed solid on strong chip demand, extending the Kospi’s chip-driven rally. Samsung rose 0.38% and SK Hynix advanced 1.14%, both aided by recently announced buyback programs.

“External uncertainty dampened investor sentiment, but strong buying from big companies backed up the index,” said Lee Kyung-min, an analyst at Daishin Securities.

Sellers Outnumbered Buyers Despite the Gain

Trade volume was light at 263.7 million shares worth 17.5 trillion won ($12.8 billion), with advancers narrowly beating decliners 444 to 421. Foreign investors sold a net 491.9 billion won, institutions sold 634 billion won, and retail investors sold 539.8 billion won.

Oil refiners gained on rising crude prices, with SK Innovation up 7.81% and S-Oil up 1.07%. Meanwhile, Hanwha Aerospace fell 3.99% and Celltrion slipped 0.48%.

The won weakened 1.8 won to trade at 1,370.4 per dollar as of 3:30 p.m., reflecting broader risk-off pressure from the Middle East escalation.

The post Kospi Gains as Chip Buybacks Offset Broad Investor Selling appeared first on BeInCrypto.

Source link

DeFi Development Corp. plans to raise up to $20 million through a preferred stock offering. It carries an initial annual dividend rate of 13%.

The Solana (SOL) treasury company intends to use part of the proceeds to buy more SOL. It resumed accumulation last week as market conditions turned more favorable.

What the Preferred Stock Offers

DFDV announced that it plans to conduct an IPO of its Variable Rate Series C Perpetual Preferred Stock, known as CHAD Stock.

Dividends will accrue on a stated amount of $10 per share. Payments will be made each business day of each calendar month, beginning October 1, 2026.

The initial annual dividend rate is 13%, subject to adjustment under the stock’s terms. DFDV also intends to deposit $1.30 per share into a separate account at closing.

The reserve would cover 12 months of dividend payments at the initial 13% rate. The company can fund it with existing cash, financial instruments, and/or digital assets. R.F. Lafferty & Co. is acting as the sole book-running manager.

“The Company intends to use the net proceeds from the offering for general corporate purposes, including for working capital, the acquisition of SOL and other digital asset-related investments, strategic transactions and growth initiatives,” the firm said.

Follow us on X to get the latest news as it happens

Buying Restarted Days Before the Offering

The firm is already one of the largest public holders of SOL. Last week, it added 19,000 SOL at an average price of $98.14.

That purchase lifted its treasury to about 2.33 million SOL and SOL equivalents. The company partly funded the acquisition by divesting its ZeroStack position, citing improving market conditions.

Chief Executive Joseph Onorati described DFDV as a leveraged way for investors to gain exposure to SOL.

“When SOL performs well, we believe DFDV has the potential to amplify that performance. Month-to-date, DFDV’s return has been more than twice that of SOL,” he said.

The move comes as the broader crypto market strengthens. SOL gained 41.4% in August, making it the token’s first positive month of 2026 after losses in every month since January.

Strategy also resumed Bitcoin (BTC) accumulation after a 10-week pause, while Strive and BitMine continued adding to their digital asset holdings.

For now, the raise shows treasury firms testing investor appetite again after a difficult stretch. Whether that window stays open will shape how much more SOL DFDV can add.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights

The post Solana Treasury Firm Dangles 13% Dividends to Bankroll Its Next SOL Buys appeared first on BeInCrypto.

Source link

Source link

Perhaps the most notable piece of news within the crypto industry on Monday came from Strategy, as the company started buying more BTC again after completing a few sales and rebuilding its USD reserve to over $6.7 billion.

Although that might sound celebratory at first, it’s worth taking a closer look at when the firm sold and when it bought more bitcoin, as it turns out it realized substantial losses amid the asset’s price recovery.

Back to Buying

As reported yesterday, the largest corporate holder of the leading cryptocurrency spent $370 million to acquire 4,603 BTC at an average price of $80,310 per unit. This means that the acquisition took place during the previous week when bitcoin jumped past $80,000 for the first time since last May. However, its actual time spent above that coveted level was quite brief.

Nevertheless, this purchase came after four consecutive sales completed between June 30 and August 10, as Santiment explained. Within this timeframe, the company offloaded 6,916 BTC, worth roughly $430 million at the time, at an average price of approximately $62,100.

Consequently, the reacquired 4,603 BTC managed to offset approximately two-thirds of everything the firm sold during the summer. What’s quite intriguing is that Strategy’s purchase came at a price almost $18,000 per BTC higher than the average during the sales.

Analysts such as Michaël van de Poppe brought up the timing, saying that they are “genuinely impressed” by the fact that the purchasing power has returned around BTC’s recent peak.

On the plus side, bitcoin’s spectacular resurgence from the recent low-$60,000s to almost $80,000 as of press time means that Strategy’s massive position has turned green again. The firm, which stood at an unrealized loss of well over $10 billion until a few weeks ago, is now above water by around $2.3 billion.

STRC Recovers

Strategy used the past couple of months, in which it sold some BTC and didn’t buy any to raise additional funds by selling MSTR to increase its USD reserve. The total is now over $6.7 billion.

In addition, it repurchased a significant portion of its STRC shares, whose price had tumbled far below the par level of $100 to as low as $75. However, rebuilding the USD reserve and buying back shares helped STRC recover to just over $97 as of Monday’s closing price.

The post Saylor’s Bitcoin U-Turn: Strategy Sells at $62K, Buys Back at $80K appeared first on CryptoPotato.

Source link

Ripple’s native token turned the tables in August, although the month saw a few dips to a multi-year low of just under $1.00.

Now, though, the XRP Army has refocused on September, which is expected to be highly volatile. Some even called it XRP’s “most loaded month” in history.

The August Gains

Following a very modest gain of 2.11% in July, XRP went into August with little hope for a turnaround. After all, all four previous editions were in the red, with the asset dumping by as much as 26.6% in August 2023.

The month indeed began on the wrong foot, as by the middle of it, XRP had slipped below the key psychological support of $1.00 on a few occasions. While some bears speculated about another potential leg down toward $0.80 or even lower, the trend changed in an instant.

On August 19, the entire crypto market came to life, led by bitcoin’s massive surge from under $65,000 to $80,000 within less than 48 hours. XRP was a little late to the party, but once it joined, it couldn’t be contained. For 72 hours, that is. Perhaps due to returning ETF inflows or whales going on a big accumulation spree, XRP skyrocketed by 70% from Wednesday to Saturday and touched a multi-month high of $1.70.

However, it was quickly halted there and retraced in the following weeks. Ultimately, it ended the month at just under $1.40, which is still a 30% surge in its worst-performing month in history.

What’s Next, September?

Unlike all August editions between 2022 and 2025, all Septembers within the same period were in the green, some in a modest manner (0.42% increase in 2023), and some in a highly impressive fashion (46.2% in 2022).

This one is expected to be volatile, to say the least. RippleXity called it “the most loaded month in XRP’s history.” Aside from the highly anticipated FOMC meeting scheduled in two weeks, which is likely to impact all financial markets, the US Senate will return on September 14 and vote on the CLARITY Act the following day.

The legislation is expected to influence most altcoins, and the voting in two weeks is likely to set the course for what might occur by the end of the year.

The month will also end with another major XRP-related event. Evernorth’s shareholders will vote on whether the XRP treasury company will become public on Nasdaq as XRPN. It currently holds nearly 475 million tokens.

In terms of price action, many analysts are convinced that the cross-border token has exited its bear phase and is now well-positioned for major gains.

The post XRP Enters Its ‘Most Loaded Month’ in History After 30% August Surge appeared first on CryptoPotato.

Source link