Skip to main content

Author: CryptoPress

Tom Lee’s BitMine Reports $3.8 Billion Quarterly Loss Following Ethereum Price Drop

BitMine Immersion Technologies posted a $3.82 billion net loss for the fiscal second quarter ended Feb. 28, 2026, primarily due to unrealized fair-value adjustments on its Ethereum holdings. The company now holds 4.87 million ETH, representing approximately 4.04% of the total circulating supply, as it nears its “Alchemy of 5%” ownership goal. Despite the net loss, quarterly revenue surged to $11.04 million, a 633% year-over-year...

Breaking, News

Continue reading

Bitcoin Faces $76K Resistance as Exchange Inflows Surge to Multi-Month Highs

Bitcoin exchange inflows reached their highest levels since late 2025, with over 65,000 BTC moved to platforms within 24 hours as prices tested $76,000. The share of large-holder deposits as a percentage of total inflows surged from under 10% to over 40%, signaling potential distribution by whales. Analysts identify the Traders’ On-Chain Realized Price at $76,800 as a critical psychological and technical barrier for current market...

Breaking, News

Continue reading

Trump Fed Chair Nominee Kevin Warsh Discloses Tech-Heavy Portfolio and $100 Million Wealth

President Trump’s nominee for Federal Reserve Chair, Kevin Warsh, disclosed assets valued between $131 million and $209 million. The filing reveals exposure to Polymarket, SpaceX, and a wide array of crypto projects including Solana, Optimism, and Blast. Warsh has pledged to divest from several private holdings and step down from corporate boards if confirmed by the Senate. Federal Reserve Chair nominee Kevin Warsh has disclosed a vast...

Breaking, News

Continue reading

Tether Enters Self-Custody Market With Launch of Multi-Asset ‘Tether.wallet’

Tether has launched tether.wallet, a self-custodial mobile application designed to provide direct access to its financial ecosystem. The wallet supports Bitcoin (on-chain and Lightning), USDT, XAUT, and the new USAT across Ethereum, Polygon, and Arbitrum. Key features include gas abstraction, allowing users to pay transaction fees using the asset being sent, and human-readable @tether.me usernames. Tether, the issuer of the world’s largest...

Breaking, News

Continue reading

Weekly Snapshot – Bitcoin Rallies on Ceasefire

The crypto market ended the week higher after a sharp mid-week rally, with Bitcoin recovering from recent lows to test $73,000 before settling near $71,000 by April 13. Total market capitalization climbed above $2.5 trillion as geopolitical de-escalation and steady institutional buying offset lingering macro caution. The Ceasefire RallyThe dominant driver was the US-Iran ceasefire announcement, which collapsed oil prices and triggered a...

Bitcoin, Crypto market, Crypto regulation, Cryptocurrencies, Ethereum, News, Regulation

Continue reading

© Cryptopress. All rights reserved.