Ethereum News

Ethereum News

Finance

Tom Lee's Bitmine borrows a page from Saylor's playbook to offer 9.5% yield in preferred stocks

The largest Ethereum treasury firm is taking a page from Michael Saylor's Strategy to issue preferred shares to tap new sources of funding.

Tom Lee, chairman of Bitmine and cofounder of Fundstrat, speaking at Consensus 2026 in Miami (CoinDesk)

Markets

Bitmine's Ethereum bet nears $9 billion loss as ether falls below $1,800

Shares of Tom Lee's Ethereum treasury firm hit their lowest level since the company's crypto pivot as ETH revisits the February lows.

Tom Lee, chairman of Bitmine and cofounder of Fundstrat, speaking at Consensus 2026 in Miami (CoinDesk)

Markets

Tom Lee predicts ether will hit $250,000 as corporate validators take over network control

The Bitmine chairman said DeFi and AI could push the Ethereum network's value into the multi-trillion range, making current prices “future optionality at a discount”.

Tom Lee (Olivier Acuna\CoinDesk)

Markets

Strategy's bitcoin sale may mark start of ether outperformance, StanChart's Kendrick says

ETH could outperform BTC by 40% from current levels as bitcoin treasuries may sell assets to cover obligations, the bank's digital asset research head said.

Tom Lee and Michael Saylor at Consensus (CoinDesk)

Tech

Movement pivots to stablecoin payments as the layer-2 boom loses momentum

The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.

Moving headlights and taillights form parallel colored trails on a dual carriageway.

Markets

Tom Lee calls Strategy's bitcoin sale classic 'bottom behavior'

Bitmine Immersion Technologies chairman said minor sales from key holders and institutional outflows are typical market bottom behaviors rather than structural threats.

Tom Lee (Olivier Acuna/CoinDesk)

Tech

Ethereum's Vitalik Buterin is rethinking how DeFi handles market crashes

In a research post published Monday, Buterin proposed creating index-tracking assets using options contracts rather than the debt-based structures that underpin much of DeFi today.

Vitalik Buterin speaking at ETHDenver in February 2022

Finance

Bitmine slows ether purchase pace, buying $53 million worth last week

The Ethereum treasury firm cut weekly purchases by more than 75% after the previous week's 112,000 ETH buying spree.

Tom Lee, chairman of Bitmine and cofounder of Fundstrat, speaking at Consensus 2026 in Miami (CoinDesk)

Tech

Why the Ethereum Foundation is suddenly again at the center of crypto’s culture war

In this week's edition of The Protocol Newsletter, we're diving deep into the institution that has been the main steward for the Ethereum blockchain, and why its been back in the spotlight.

Graphic showing ethereum symbol on a grid with screens. (Ethereum)

Tech

A blockchain lottery plans to turn crypto gambling fees into Ethereum developer funding

Decentralized lottery protocol Megapot is teaming up with Protocol Guild in what the firms describe as the crypto industry’s first programmable charity lottery.

Lottery balls