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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...

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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...

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Bitcoin Scholars Fund Launches to Redirect $21M Federal Taxes to K-12 Bitcoin Education

Bitcoin Scholars Fund Launches to Redirect $21M Federal Taxes to K-12 Bitcoin Education

Fund launch: Bitcoin Scholars Fund, a Texas-registered 501(c)(3) Scholarship Granting Organization, launched on April 15, 2026. Funding target: Redirect up to $21 million in federal tax dollars into bitcoin and financial literacy education for K-12 students by 2027. Tax credit mechanism: Donors receive a 100% federal tax credit on contributions up to $1,700 per individual ($3,400 for couples) under the One Big Beautiful Bill...

Bitcoin, Crypto adoption, Cryptocurrencies, Front page, News

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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...

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Ethereum Foundation Launches $1M Audit Subsidy Program to Cut Smart Contract Security Costs

Ethereum Foundation Launches $1M Audit Subsidy Program to Cut Smart Contract Security Costs

Program launch: Ethereum Foundation announced the $1 million Audit Subsidy Program on April 14, 2026, to address high costs of smart contract security audits. Subsidy details: Pool covers up to 30% of audit fees for selected Ethereum mainnet projects, with funds applied directly through Areta’s platform. Audit access: Connects builders to more than 20 leading firms including Nethermind and Chainlink Labs via an expert committee...

Cryptocurrencies, Ethereum, Front page, News

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