BitMine Immersion Technologies has moved within a fraction of its goal of owning 5% of Ethereum's supply after adding 28,086 ETH over the past week.
BitMine Immersion Technologies has made another large Ethereum buy, acquiring a total of 28,086 ETH in the past week. Meanwhile, Chairman Tom Lee remains bullish on the future of ETH price after the recent rally.
Ethereum has entered a consolidation phase after a sharp recovery from the $1.5K area. The cryptocurrency is now trading slightly below $2.5K, holding relatively firm despite repeated tests of the upper end of its recent range.
Bitmine bought 28,086 ETH, boosting its treasury to 5.93 million tokens worth $14.8 billion and representing 4.9% of Ethereum's total supply.
PRNewswire, PRNewswire, 8th September 2026, Chainwire
Ethereum targets a quantum-resistant Layer 1 by December 2029 as the Foundation ranks 62 Hegota proposals and prioritizes FOCIL and Frame Transactions.
EF Protocol wants a broader issuance debate, while unchanged rewards preserve validator income and dilution for unstaked holders.
Ethereum's quantum resistance deadline by 2029 highlights the urgent need for blockchain networks to adapt to emerging quantum threats, impacting security and infrastructure. Ethereum Foundation sets deadline for quantum resistance by 2029.
As Ethereum (ETH) price continued to strengthen against Bitcoin (BTC) over the past two months through September 8, the altcoin's supply on all cryptocurrency exchanges has fallen to a fresh multi-year low.
The Ethereum Foundation has committed to making Ethereum (ETH) resistant to quantum computers by December 2029, treating the date as a fixed deadline rather than a research goal.
EF Protocol's priorities make shorter slots and node efficiencies conditional, while a proposal could move mandatory execution proofs one fork later.
Tron founder Justin Sun has redeemed 10,000 ETH from Lido since Aug. 26, and roughly $12.3 million of it has already landed on Poloniex, an exchange he backs. The Trail Since Aug.