Author: Yeek.io
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission late Tuesday published a Schedule 13G filing that entities controlled by Peter Thiel’s Founders Fund have quietly amassed 5,094,000 common shares of BitMine Immersion Technologies (NYSE American: BMNR), an Ethereum treasury company , equal to 9.1 percent of the company’s outstanding stock as of July 8 — the first time the billionaire venture capitalist has taken a material position in a publicly listed “Ethereum‑treasury” play. The filing lists the stake across six Delaware vehicles, but names Thiel as the ultimate manager with shared voting and dispositive power; it also checks the passive‑investor…
Ukraine is reportedly finalizing legislation to establish a national Bitcoin reserve. This initiative, confirmed by Member of Parliament Yaroslav Zhelezniak, aims to formalise the country’s allegedly substantial Bitcoin holdings, currently estimated at 46,351 BTC, valued at nearly $4.8 billion, acquired through donations, asset seizures, and fundraising efforts during the ongoing conflict with Russia. The proposal, developed in collaboration with Binance, aims to position Bitcoin as a strategic reserve asset, marking a significant shift in Ukraine’s financial strategy amid economic uncertainty. However, this ambitious plan raises critical questions: Is Ukraine pioneering a visionary financial strategy that leverages digital assets for economic resilience, or…
Inspiration rarely strikes where one expects. The genesis of PrivyCycle did not emerge from the predictable hum of laptops at ETHCC’s hackathon floor, but rather from the electric tension of a Berlin summer stage in June 2025. There, beneath the spotlights of d/acc Berlin and before a crowd of Ethereum’s sharpest minds, Migle Rakitaite—visionary behind Wxmen Web3Privacy Now —stood face to face with Ethereum’s own Vitalik Buterin. The air crackled as Rakitaite, joined by fellow privacy advocates, challenged Buterin directly: Why had the Ethereum Foundation neglected to champion and fund crypto-native solutions for safeguarding sensitive health data, particularly for period…
The recent crypto market pullback hasn’t fazed Ethereum. The second-largest crypto asset has bounced back strongly and now looks primed for more upside. Ethereum (ETH) has reclaimed the $3,100 level for the first time since February, after gaining nearly 7% in the past 24 hours. At the time of writing, the asset trades around $3,153, making it one of the day’s top-performing assets. Ethereum’s price chart | Source: crypto.news The rebound marks a strong recovery from its earlier dip to $2,965 just days ago amid a broader post-rally slide that triggered losses across the board. It also represents a 21%…
GameStop, the American video game retailer, will consider accepting cryptocurrencies as payment for trading card purchases, according to the company’s CEO, Ryan Cohen. During his latest appearance on CNBC’s Squawk Box, Cohen said the company is exploring the use of crypto for payments in its collectibles segment, particularly for trading cards. “There’s an opportunity to buy trading cards and to do so using cryptocurrency,” he said, adding, “We’ll see how much there is on the actual demand side for that kind of product.” While GameStop has not yet selected any specific cryptocurrency, Cohen said the company is open to evaluating all…
Key Takeaways TRUMP’s 40 million token unlock mirrors April’s breakout setup, which triggered an 80% weekly rally off cycle lows. With two catalysts fueling momentum, is a $17 breakout next? Token unlocks are a double-edged sword in the crypto market. And Official Trump [TRUMP] is a case in point. Even with solid tokenomics on paper, the memecoin has been stuck in a sideways chop for over two months, repeatedly failing to break above the $14 ceiling. In such a climate, the addition of another 40 million TRUMP tokens might appear to threaten the $9 support level. But this time, according…
Cardano price has formed a double bottom pattern, potentially paving the way for an eventual recovery back above $1 in the weeks ahead, backed by bullish developments and on-chain strength. According to data from crypto.news, Cardano (ADA) rose to an intraday high of $0.74, up 25.5% in the last 7 days and 42% from its year-to-date low. As of press time, it held 3.9% gains over the past 24 hours with a market cap of $27 billion. ADA price gained traction today after Emurgo, one of Cardano’s founding teams, announced the launch of the Cardano Card, a new multi-functional payment…
Ethereum, the second-largest crypto asset, has been in a strong uptrend over the past week, rallying alongside the broader market. While much of the uptick has been tied to positive investor sentiment and favorable U.S. regulatory outlook, new data points to another key driver. According to a July 16 Matrixport report, nearly all of Ethereum’s recent upside is being driven by Asia-based traders. Out of the 20% ETH (ETH) has gained over the past month, 17 percent of that occurred during Asian trading hours. Ethereum’s demand by trading region | Source: Matrixport The data suggests that momentum in the asset’s price…
PayPal co-founder Peter Thiel recently bought a 9.1% stake in Fundstrat’s Ethereum Treasury company, Bitmine Immersion Technologies, according to a recent SEC filing. The filed SEC document revealed that Peter Thiel has acquired 9.1% of the total shares to BMNR. BMNR is the trading stock of BitMine Immersion Technologies, a crypto mining firm led by founder and CIO of Fundstrat Tom Lee. As of July 16, Peter Thiel now has shared voting power as well as shared dispositive power equal to the number of shares he holds, which is more than 5.09 million BMNR stocks. Peter Thiel joins a list…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For most of its history, decentralized finance and traditional finance have been at odds. Positioned as opposing forces, one claimed transparency, permissionless access, and composability, while the other relied on regulation, scale, and institutional trust. But the confluence of finance and technology has never been a zero-sum game. The convergence is already underway. Institutional giants like BlackRock are experimenting with tokenized funds on public blockchains, while regulators across Asia and Europe are building policy frameworks for the…