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Tom Lee’s BitMine Adds Another $150 Million in ETH as DAT Market Crashes 81% Highlights • BitMine buys another 150 million dollars in Ethereum • Firm now holds more than 3 percent of ETH’s circulating supply • Ethereum DAT purchases drop 81 percent in November Tom Lee’s BitMine has continued its aggressive accumulation of Ethereum even as the broader DAT treasury market collapses. The firm purchased another 150 million dollars worth of ETH this week, lifting its holdings above 3 percent of circulating supply. BitMine Extends Heavy ETH Buying On-chain data from Arkham shows BitMine added 18,345 ETH via BitGo and 30,278 ETH through Kraken. This follows a string of buys, including 14,618 ETH last week and 96,798 ETH earlier this week. The firm aims to accumulate 5 percent of Ethereum’s total supply as it positions for ETH’s expanding role in settlement and tokenization. Despite this strategy, BitMine’s stock BMNR has dropped more than 81 percent from its peak. The company’s ETH treasury is now valued near 12 billion dollars, with unrealized losses around 2.8 billion dollars. DAT Market Suffers Major Collapse BitMine’s buying stands out as the DAT market faces a sharp decline. Bitwise data shows monthly DAT purchases plunged 81 percent in November to just 370,000 ETH, down from the August high of 1.97 million $ETH . Bitwise analyst Max Shannon said the DAT market is undergoing a rapid unwind as smaller treasuries face liquidity pressure. He noted falling mNAVs, shrinking premiums, and weakening purchasing power are accelerating the downturn. Earlier in the year, firms like SharpLink Gaming were purchasing over 100 million dollars worth of ETH monthly, but demand has now dried up across the sector.
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🔥 BONK just made a major ecosystem move The team updated its fee structure so every BONK powered platform activity now creates automatic buy pressure through DAT purchases and burns With Bonk.fun dominating Solana launches and BonkBot handling millions
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“The biggest wins in crypto aren’t in the crowded spots. They’re hidden where no one is even looking.” 🔍✨ In this episode, @sharmasunil8114 asks the tough questions 🎙️ and Stephan Lutz, CEO of @BitMEX, delivers powerful insights 💬🔥. A true mastercla
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#Kalshi #Robinhood and Crypto com Hit With Cease and Desist Order in Connecticut 🚨 Connecticut regulators have ordered Kalshi, Robinhood and Crypto com to immediately halt all sports related prediction markets and online wagering, escalating state level scrutiny of platforms operating under the banner of prediction markets. 🔑 Key Highlights ✅ Connecticut issues cease and desist orders to Kalshi, Robinhood and Crypto com ✅ Regulators say the platforms are offering unlicensed sports wagering ✅ Kalshi files a lawsuit seeking to block the order Why it matters Connecticut’s Department of Consumer Protection Gaming Division has issued cease and desist orders to KalshiEX LLC, Robinhood Derivatives LLC and Crypto com, accusing them of running illegal online sports betting without the state required licenses. DCP Commissioner Bryan T. Cafferelli said only licensed operators may offer sports wagering in Connecticut and alleged that these platforms violated state gaming laws, including restrictions on offering wagers to individuals under 21. Officials warned that prediction market contracts framed as investments are still considered illegal sports bets under state law. DCP Gaming Director Kris Gilman stressed that these platforms operate outside a regulated environment, putting users at risk with no consumer protections for funds or personal data. All three companies must stop advertising, promoting or offering any form of sports event contracts and must allow Connecticut residents to withdraw their funds immediately. Failure to comply may lead to civil and criminal penalties. Currently, only DraftKings, FanDuel and Fanatics are licensed to offer sports wagering in the state.
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First Chainlink ETF Sees $41 Million Day One Inflows as LINK Price Jumps Grayscale has launched the first Chainlink ETF on NYSE Arca, recording more than $41 million in day one inflows as investor demand surged despite a weak broader crypto market. Highlights • Grayscale’s GLNK Chainlink ETF pulled over $41 million on launch day • Assets reached $64 million with strong opening trading volume • $LINK price climbed more than 6 percent in the past 24 hours Grayscale’s new Chainlink ETF, trading under the ticker GLNK, attracted almost $42 million on its first trading day. Bloomberg ETF analyst James Seyffart called it a very strong debut, noting that the performance stands out given the recent downturn across the crypto market. GLNK quickly grew to $64 million in assets and posted high trading activity. The product is the first US exchange-traded vehicle linked to Chainlink, offering exposure through an ETP structure rather than a traditional ETF. Grayscale said the product gives investors access to a core asset powering tokenization and data oracle networks, although it carries elevated risk. Attention now shifts to Bitwise’s Chainlink ETF, listed on the DTCC under the ticker CLNK. The listing is an administrative step and does not confirm approval, but signals that the launch may be close.
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最新ニュース
ビットコイン(BTC)は92,000 USDTを下回り、24時間で1.63%の減少
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米国裁判所が著作権事件でOpenAIにChatGPTユーザーデータの開示を命じる
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ソラナ共同創設者が暗号市場評価の未来について語る
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XRPのパニックレベルが10月の高値に達し、潜在的な機会が生まれる
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米国のコアPCE価格指数が9月に発表される予定
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