Crypto AI Updates

BitMine buys the dip and now owns over 4 million ETH

Bitmine Immersion Technologies (BMNR), an ether asset management company led by Fundstrat’s Thomas Lee, has surpassed 4 million ethers. Ethereum$3,057.70 According to an update on Monday, the company reached a milestone last week by acquiring 98,852 tokens. The purchase is worth approximately $300 million at Monday’s price and brings BitMine’s total ETH holdings to 4,066,062…

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Prediction markets negatively impact fintech user churn: Reverse CEO

Santiago Roel Santos, founder and CEO of venture capital firm Inversion Capital, said financial platforms are rushing to add prediction markets at the cost of accelerating “casino-like” user churn. In a blog post on Saturday, Santos claimed that while he “believes in the fundamental tenets” of prediction markets, he believes offering them on mainstream financial…

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EverValue Coin (EVA) integrates a growing Bitcoin-backed economic model

Bitcoin mining-backed token with transparent on-chain write vault. The 330+ wBTC reserve creates a price floor that will grow through token burn. Real infrastructure connects physical mining to verifiable cryptographic value. Asuncion, Paraguay, December 19th – In a cryptocurrency market still subject to cycles of upswing and correction, projects with verifiable backing, real infrastructure, and…

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Tom Lee responds to controversy over Fundstrat’s different Bitcoin outlook

The debate on X over whether Fundstrat analysts are sending mixed signals about Bitcoin intensified over the weekend, with a response from the company’s co-founder seemingly endorsing a more nuanced explanation for the disagreement. The discussion began after an X user known as “Heisenberg” (@Mr_Derivatives) shared screenshots showing contrasting outlooks from Fundstrat’s leadership. One notable…

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