Ethereum News

Ethereum News

Finance

Tom Lee's Bitmine extends buying streak with $138 million ETH purchase, betting on crypto slump ending

The Ethereum treasury firm led by Thomas Lee now has increased its buying pace for three consecutive weeks even as unrealized losses mount.

Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (CoinDesk)

Tech

Ethereum faces make-or-break moment in high-stakes balancing act as scaling, quantum and AI pressures mount

While upgrades have improved efficiency and lowered costs, the ecosystem faces deeper structural questions around fragmentation, security, and purpose, even as it continues prioritizing base-layer scaling.

Vitalik Buterin speaking at ETHDenver in February 2022

Markets

Bitcoin jumps to $70,800 as oil retreats; ether and XRP lag

Oil prices slipped as major economies announced joint efforts to stabilize energy markets.

BTC's price bounce. (CoinDesk)

Tech

The Protocol: Ethereum community debates foundation’s new mandate document

Also: World’s AgentKit, Visa and Coinbase on AI agents, and prediction markets + AI.

image of someone splitting a log vertically in half with a long-handled ax

Markets

Bitcoin just surged past $75,000. Derivatives seem to be driving the rally.

Bitcoin's move, led by unwinding of shorts, has lifted the broader crypto market, with the CoinDesk 20 Index up 5%.

BTC's price rally. (CoinDesk)

Markets

Ether surges 10%, leading crypto rebound as ETF demand, Bitmine buying pick up

Fresh ETF inflows, digital asset treasury buying and a shift away from bitcoin to altcoins are helping lift the second-largest cryptocurrency.

Ethereum (ETH) price on Monday (CoinDesk)

Tech

Ethereum Foundation’s new mandate sparks debate about its role, priorities

The document quickly sparked debate across the Ethereum community, with supporters saying it reinforces the network’s core principles. Critics, however, argue the mandate signals the foundation intends to take a backseat just as institutional interest in blockchain is accelerating.

Ethereum (CoinDesk)

Finance

Bitmine buys 60,999 ether as Tom Lee touts crypto strength amid Iran war

The ether treasury firm now holds nearly 4.6 million ETH, while maintaining a $1.2 billion cash position despite ramping up acquisitions.

Thomas Lee, chairman of Bitmine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (David Paul Morris/Consensus)

Finance

Ethereum Foundation sells 5,000 ether to Tom Lee's BitMine in $10.2 million deal

The funds will support the EF's core operations, including protocol R&D and ecosystem grants, as part of a treasury strategy to balance ETH and fiat-like assets.

Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (David Paul Morris/Consensus)

Tech

Ethereum Foundation publishes new mandate defining its role, core principles

The document comes at a point of transition for the organization, following shifts in the blockchain's technical roadmap and the resignation of a co-executive director.

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