The company expanded its ETH treasury while Chairman Tom Lee pointed to Robinhood Chain's rapid growth on Ethereum.
- BitMine increased its Ethereum treasury to 5.77 million ETH, or 4.8% of the token's circulating supply.
- Nearly five million ETH are staked, with the company also holding bitcoin, cash and equity investments.
- Tom Lee said Robinhood Chain's early trading activity highlights Ethereum's growing utility.
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Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters :
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
For pension funds, tokenization’s real play is balance-sheet management, Fidelity’s Lai says
U.S. June CPI fell 0.4%, likely cooling move toward Fed rate hikes
Bitcoin’s great rotation: Long-term holders pass supply to a new generation of buyers
Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat
Wikipedia blackout could hurt how AI engines like ChatGPT understand crypto
U.S., UK move to align rules for tokenized finance across world's largest financial markets
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