CoinWorld News: Ethereum price rebounded in early July, trading near $1,779, driven by ETF inflows and fresh Treasury demand. Analyst Ted Pillows said Ethereum remains above support and strong demand will fuel a breakout. Bitmine recently purchased 42,197 ETH worth approximately $76 million, bringing its total holdings to 5.74 million ETH valued at about $10.3 billion. Bitmine also staked 4.87 million ETH, representing 85% of its holdings. The company's total exposure in crypto assets, cash, and securities is close to $11.1 billion.

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Cream-ColoredCross-ChainBridge
· 6h ago
$76 million added to positions, are institutions getting FOMO?
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Tangerine-FlavoredPullback
· 7h ago
Bitmine's staking ratio is brutal—85% locked up shows genuine long-term belief, not short-term speculation.
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TheCandlestickChartLooksLikeAn
· 8h ago
Driven by both ETFs and Treasury bonds, it’s hard to say how high this round of ETH could surge—but the staking yield is indeed attractive.
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