Bitmine Reveals 3.6M ETH Hoard as Chairman Flags Market Maker Weakness

Bitmine Immersion Technologies has disclosed 3.6 million ethereum ( ETH) in its treasury as part of a broader $11.8 billion holdings update tied to its November chairman’s message. Bitmine Shares November Update Bitmine Immersion Technologies said its crypto, cash and “moonshots” now total $11.8 billion, with the company controlling 3,559,879 ETH—roughly 2.9% of the token’s … Read more

Cboe Sets Dec. 15 Launch for New Bitcoin and Ether Continuous Futures

Cboe is gearing up to launch bitcoin and ether continuous futures this December, introducing long-term, perpetual-style contracts designed to offer crypto exposure without the headache of constant rolls. U.S. Traders Get Perpetual-Style Bitcoin and Ether Futures via Cboe in December Cboe Global Markets plans to roll out bitcoin and ether continuous futures on Dec. 15, … Read more

Insider: Banks Prepared to Offer Crypto Services in Argentina

Gabriel Campa, Head of Digital Assets at Towerbank, stated that he believes Argentine banks are ready to enter the cryptocurrency services market. He highlighted that many have already finalized software for this end, and are waiting to be greenlighted by regulators. Banks Are Already Prepared to Offer Crypto Services in Argentina, Says Towerbank Executive The … Read more

Raoul Pal: Crypto Behaves as a Leading Indicator for the US’s ‘Broken Plumbing’

Pal stated that crypto markets are currently reflecting a problem in the U.S. economic plumbing, acting as a leading indicator for an upcoming crisis. While stock markets are shielded from this for now, he believes that if the liquidity crisis is not solved quickly, the could be contagion. Raoul Pal: Crypto Markets Are Suffering From … Read more

Saylor Says Bitcoin Has Found Its Floor, Says ‘Most of the Liquidation Selling Is out of the System’

Strategy Executive Chairman Michael Saylor said he believes bitcoin has stabilized and the market bottom is already in, telling host Grant Cardone that most liquidation pressure has “washed out” of the system. Saylor Seems Confident Bitcoin Has Bottomed According to his latest interview, Strategy chairman Michael Saylor told host Grant Cardone, the real estate mogul … Read more

Latam Insights: Brazil Implements Stringent Stablecoin Ruleset, Libra Probe Advances

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the Central Bank of Brazil finalizes a new stringent ruleset targeting stablecoins, the Libra case keeps advancing in Argentina, and a regulatory draft accuses the Central Bank of Brazil of overreaching with … Read more

Fundstrat’s Tom Lee Disregards Crypto Market Weakness: Pain Is ‘Short Term’

Tom Lee, CIO of markets insight firm Fundstrat Capital, believes that the cryptocurrency market will recover from the current downturn, which has the characteristics of a transitional event. For Lee, the market might enjoy a post-Thanksgiving rally, ready to reach higher heights. Fundstrat’s Tom Lee Reinforces Bullish Stance, Bets on Post-Thanksgiving Crypto Market Rally The … Read more