Sharplink buys $259M in Ether as ETH accumulation race heats up

SharpLink has bought 79,949 ETH — its largest ETH purchase to date — to reclaim its status as the world’s largest public ETH holder after briefly slipping behind BitMine Immersion.

SharpLink has bought 79,949 ETH — its largest ETH purchase to date — to reclaim its status as the world’s largest public ETH holder after briefly slipping behind BitMine Immersion.
Crypto agency Terraform Labs’ wind-down administrator has sued Jane Street in Manhattan federal court docket, alleging the buying and selling agency used materials private data from Terraform insiders to commerce across the May 2022 collapse of TerraUSD (UST) and Luna. The criticism was filed by Todd R. Snyder, the administrator overseeing recoveries tied to Terraform’s…
Crypto funding merchandise skilled roughly $1.2 billion in internet outflows final week, with redemptions primarily targeted on US spot Bitcoin ETFs. The week ending November 7 marked one of many heaviest print runs since late summer season. Day-by-day ETF knowledge reveals the de-risking ran by means of most classes earlier than a short midweek pause….
Bitcoin breached $116,000 for the primary time in two weeks, and the same old narrative surfaced: inflation hedge. But the info tells a completely different story. This cycle, Bitcoin trades much less like a consumer-price protect and extra like a real-time barometer of dollar liquidity and low cost charges. The query isn’t whether or not…
Crypto lender Nexo has formally reentered the United States market, marking a return three years after it withdrew operations and paid a $45 million high quality to settle costs with the US Securities and Exchange Commission (SEC). The firm confirmed on Monday that 2026 represents its formal comeback to the US, positioning the transfer towards…
FalconX’s acquisition of 21Shares on Oct. 22 will add prime brokerage to the crypto funding administration agency that oversees greater than $11 billion throughout dozens of exchange-traded products (ETP). The deal, which has an undisclosed sum, merges prime brokerage infrastructure with considered one of the largest crypto ETP issuers, making a vertical integration that could…
A brand new paper from Google Quantum AI has sharply decreased the estimated {hardware} required to crack elliptic-curve cryptography used by Bitcoin and a lot of Ethereum, shifting a long-running safety debate nearer to market phrases. At present market costs, the quantum computing dangers may have an effect on greater than $600 billion in Bitcoin,…