EthereumEthereum Foundation Sells 10,000 ETH to BitMine in Third OTC Deal
Ethereum Foundation sold another 10,000 ETH to BitMine for $22.9M, its third OTC deal. Total: 25,000 ETH worth ~$57M sold in six weeks.
Staking
Ethereum
EthereumBitMine Hits 5 Million ETH Despite $6.5B in Unrealized Losses
BitMine bought 101,901 ETH in one week, reaching 5.08M total. Unrealized losses top $6.5B yet the company keeps buying and staking Ethereum.
EthereumEthereum Foundation Unstakes 17,035 ETH From Lido Worth $40M
Ethereum Foundation withdrew 17,035 ETH (~$40M) from its Lido staking position on April 26. No reason was given, sparking market speculation.
EthereumEther Machine Scraps $1.6B SPAC Merger: ETH Treasury Stays Private
The Ether Machine and Dynamix scrapped their $1.6B SPAC merger citing unfavorable markets. ETH treasury holds 496,712 ETH. $50M termination fee to Dynamix.
TechnologyTON Launches Catchain 2.0: 400ms Block Time and 1-Second Payments
TON upgrades to Catchain 2.0 consensus: block time drops from 10 seconds to 400ms, payments settle in 1 second. Details on the upgrade and market impact.
EthereumBitmine Holds 4.8M ETH Worth $10.2B and Moves to NYSE
Bitmine now holds 3.98% of all Ethereum in circulation: 4.8M ETH, $7.1B staked via Mavan, $196M annualized staking revenue. NYSE listing starts April 9.
AltcoinsChainlink Unlocks 19M LINK Worth $165M
Chainlink completed its quarterly unlock of 19M LINK. $125M went to Binance, $40M to staking rewards. LINK price held steady at $8.64.
EthereumEthereum Foundation Stakes Record $46.2M
Ethereum Foundation staked 22,000+ ETH worth $46.2M in its largest single batch. Part of a 70,000 ETH plan to generate yield instead of selling tokens.
RegulationPARITY Act: Tax Relief for Stablecoins, Not Bitcoin
US lawmakers published the PARITY Act discussion draft. Stablecoin transactions under $200 are tax-exempt, but Bitcoin receives no de minimis relief.