Bitmine Begins Staking ETH With $219 Million PoS Deposit

Ethereum treasury firm Bitmine has begun staking its Ether holdings depositing nearly $219 million worth of ETH into Ethereum’s proof-of-stake (PoS) system. On Sunday, multiple wallets linked to Bitmine sent large Ether (ETH) transfers to a contract labeled “BatchDeposit,” onchain data from Arkham shows. The transfers totaled 74,880 ETH, a pattern typically associated with institutional…

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JPMorgan Freezes Stablecoin Startup Accounts Over Sanctions

JPMorgan Chase has reportedly frozen bank accounts linked to two venture-backed stablecoin startups after identifying exposure to sanctioned and high-risk jurisdictions. The accounts belonged to BlindPay and Kontigo, two stablecoin startups backed by Y Combinator that primarily operate across Latin America, according to a report by The Information. Both companies accessed JPMorgan’s banking services through…

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USX Stablecoin Stabilizes After Brief Depeg Triggered by DEX Sell Pressure

USX, a Solana-native US dollar-pegged stablecoin, briefly traded below its peg on decentralized exchanges early Friday after heavy sell pressure overwhelmed available liquidity on Orca and Raydium, prompting issuer Solstice Finance to step in with liquidity support. In an X post on Friday, PeckShieldAlert showed USX briefly trading as low as $0.10 in secondary markets before rebounding, a…

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Bitcoin Price Capped By Shifting Maco Conditions, Not Whale Selling

Bitcoin’s 2024–2025 price action highlighted a disconnect between improving high-timeframe onchain structure and restrictive macroeconomic conditions. While crypto-native liquidity and supply dynamics strengthened during Bitcoin’s (BTC) 2024 rally, external variables, like elevated real yields and Federal Reserve balance sheet contraction, imposed valuation limits as the cycle progressed. Key takeaways Bitcoin rallied to above $100,000 from…

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Ethereum’s TVL To Surge ’10X’ In 2026: Sharplink CEO

Ethereum’s total value locked (TVL) may surge ten-fold in 2026 as adoption expands across multiple use cases and institutional investors, according to Sharplink’s co-CEO Joseph Chalom. Sharplink Gaming is the second-largest public Ethereum treasury company, holding 797,704 ETH (ETH), worth roughly $2.33 billion at the time of publication, according to Ethereum Treasuries data.  “The stablecoin…

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