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BitMine Aggressively Expands Ethereum Holdings, Aiming for 5% of Total Supply

Cryptonite UAE

BitMine Immersion Technologies (BMNR) is rapidly solidifying its position as the world’s leading corporate Ethereum treasury. According to recent on-chain data from Arkham Monitoring, the firm acquired an additional 30,075 ETH (approximately $88.73 million) this week via FalconX, bringing its total weekly investment to over $229 million. Strategic Accumulation and Supply Dominance BitMine’s recent buying … Read more

Cardano’s Endurance Test: Price Struggles Persist Despite Governance Milestones

Cryptonite UAE

The native token of the Cardano network, ADA, continues to face significant market headwinds. Recent data shows a persistent decline, with the token dropping approximately 6% in a single day and nearly 17% over the past week. This downward trend has pushed ADA roughly 90% below its 2021 all-time high, leaving long-term investors questioning when … Read more

Bitwise Joins Race for First Spot SUI ETF in the U.S.

Cryptonite UAE

Bitwise Asset Management has officially submitted a Form S-1 filing to the SEC for a spot SUI ETF, joining a growing list of firms—including Grayscale and 21Shares—vying to bring the first SUI-focused exchange-traded fund to the American market. Key Details of the Filing Direct Exposure: Unlike derivative-based products, this ETF is designed to provide 100% … Read more

Aptos Proposes Early Shield Against Future Quantum Threats

Cryptonite UAE

Aptos is moving to future-proof its ecosystem by introducing a proposal for optional post-quantum signature support. While quantum computing doesn’t pose an immediate risk to current cryptography, developers are treating it as a long-term engineering priority rather than a theoretical concern, aiming to avoid a “too little, too late” scenario. Core Components of the Proposal … Read more

MoonPay Eyes $5 Billion Valuation as NYSE Parent ICE Considers Investment

Cryptonite UAE

Crypto payment gateway MoonPay is reportedly nearing a major funding milestone that could value the company at approximately $5 billion. Leading the interest is the Intercontinental Exchange (ICE), the parent organization of the New York Stock Exchange, signaling a significant bridge between traditional finance and the digital asset sector. Regulatory Wins and Expansion MoonPay, which … Read more

TON Struggles at $1.45 Despite Landmark Launch of xStocks

Cryptonite UAE

Toncoin (TON) is currently hovering around the $1.45 mark this Friday, following a slide to a two-month low yesterday. Despite a significant ecosystem update, technical indicators and market sentiment suggest that the downward pressure may not be over yet. xStocks Brings Wall Street to Telegram The TON Foundation recently announced the launch of xStocks, a … Read more

Crypto Markets Brace for $3.16 Billion Options Expiry Ahead of Holidays

Cryptonite UAE

As the holiday season approaches, the cryptocurrency market is preparing for a significant derivatives event. Approximately $3.16 billion in Bitcoin (BTC) and Ethereum (ETH) options are scheduled to expire on Deribit this Friday at 08:00 UTC. This settlement represents the last major liquidity event before Christmas, occurring at a time when trading volumes are beginning … Read more

AI Investment Bubbles and the Future of Bitcoin: A Market Outlook

Cryptonite UAE

The current surge of capital into artificial intelligence has raised concerns about the potential consequences of a market correction. Crypto leaders, including Tether CEO Paolo Ardoino, are weighing in on whether Bitcoin has truly matured enough to survive a tech-led downturn. The “Spillover” Risk: Is Bitcoin Truly Independent? While Bitcoin has evolved significantly, Ardoino suggests … Read more

Libya’s Crypto Crackdown: The Rise and Fall of a Subsidized Mining Hub

Cryptonite UAE

In November 2025, a Libyan court sentenced nine individuals to three years in prison for operating a clandestine Bitcoin mining farm within a steel factory in Zliten. This ruling is the latest move in a massive national crackdown on an industry that, despite Libya’s fragile infrastructure, once accounted for 0.6% of the global Bitcoin hash … Read more

Bank of Japan Hints at Rate Hikes: A New Era for Monetary Policy

Cryptonite UAE

Following its December 18–19 meeting, the Bank of Japan (BoJ) signaled a potential departure from its long-standing ultra-easy monetary policy. Governor Kazuo Ueda and the BoJ board indicated that if Japan’s economic performance and price trends stay on track with current forecasts, further interest rate hikes are likely. A Shift Toward Normalization The central bank … Read more

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