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Tom Lee: Bitmine is just 100,000 ETH away from purchasing 5% of the total Ethereum supply.

1 hours ago

Bitmine Chairman Tom Lee posted that the firm has acquired 5.9 million ETH, leaving it just 100,000 ETH short of its goal to hold 5% of the circulating supply. Today’s report notes that Bitmine announced it added 53,501 ETH last week, bringing its total holdings to roughly 5.901 million ETH.

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US Treasury Secretary: Walsh and I hold the same stance on bonds.

US Treasury Secretary Bessent stated, "Federal Reserve Chair Walsh and I share the same stance on bonds. Since US President Trump took office, the 10-year Treasury yield has remained largely flat. I never claimed I was attempting to alter the trajectory of bonds. (Regarding the US bond market) I believe the equilibrium price cannot be changed."

1 seconds ago

US Treasury Secretary: Traditionally, interest rates are not raised in response to supply shocks.

U.S. Treasury Secretary Bessent stated, "Traditionally, interest rates are not raised amid supply shocks. I have not purchased any bonds yet, and I trust that the Bank of Japan will take measures to boost the yen."

1 seconds ago

US Treasury Secretary: Oil prices will fall

US Treasury Secretary Bessent stated that oil prices will decline.

1 seconds ago

An institution transferred 52,739 ETH to centralized exchanges (CEX) over the past two days, valued at approximately $129 million.

According to Yu Jing Monitoring, an institutional address has transferred 52,739 ETH (valued at ~$129 million) to six centralized exchanges (CEXs) including Binance and OKX since yesterday. The address currently holds 101,561 ETH, worth approximately $249 million. The ETH was withdrawn from Coinbase between 2021 and 2022 at an average price of ~$1,700, deposited into Ethereum staking in 2023, redeemed from staking last January, aggregated into two wallets over the past two days, and then sequentially transferred to multiple CEXs.

1 seconds ago

PONS hits an all-time high, with market capitalization surpassing $410 million.

According to GMGN market data, the market capitalization of PONS, a token issuance platform on Robinhood Chain, once touched $447 million, and is now trading at $416 million, hitting an all-time high with a 15.05% gain in the past hour. PONS is the native platform token of Pons, the token issuance platform on Robinhood Chain. The platform supports the creation and issuance of fixed-supply tokens, uses collected WETH fees to repurchase PONS, and directly burns collected PONS fees. Some community members view it as the Pump.fun on Robinhood Chain. BlockBeats reminds users that such tokens have high price volatility, so investment caution is advised.

1 seconds ago

Trump strongly pushes for data center construction: Don’t kill the goose that lays the golden eggs

U.S. President Trump posted on social media that the sole reason communities across the country are reluctant to build data centers is their desire to fall behind and remain poor. If they want to achieve success, get wealthy, see substantial tax cuts, and have abundant jobs, then let data take charge of everything. The good news is that many other regions warmly welcome data centers. If we kill this goose that lays golden eggs, we will bear full responsibility.

1 seconds ago

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