11 Aug 2025, 16:37

BitMine Expands Ethereum Holdings to 1.15 Million ETH, Potentially Influencing Market Dynamics and Corporate Strategies

BitMine Immersion Technologies has added approximately 320,000 ETH in just one week, becoming the largest corporate ETH treasury with over 1.15 million ETH valued at over $4.96 billion. BitMine’s ETH

11 Aug 2025, 16:37

Shiba Inu’s Shibarium Blasts Through Another Major Milestone: Details Here

TL;DR Shiba Inu’s layer-2 network has processed over 1.5B transactions. Experts see potential for SHIB price growth if real utility and applications on Shibarium expand. A 150%+ burn rate spike and net exchange outflows suggest reduced supply and lower selling pressure, potentially supporting a rebound. The Latest Achievement The total number of transactions processed on Shibarium surpassed 1.5 billion. The addresses that have interacted with the network exceed 267,000, while the total number of blocks has reached almost 12.5 million. Shibarium is specifically designed to reduce the transaction fees, improve speed, and enhance scalability within the Shiba Inu ecosystem. As such, some experts believe its progress can have a boosting effect on the price of SHIB. An example is the Bitcoin advocate Jeremie Davinci, who said : “I like Shiba Inu, as you know, and I think it will do relatively well in this cycle, but it may not go as high as you expect. I think Shiba Inu has a lot of utility now that they have Shibarium, and basically , it’s a chain that you can actually run all kinds of applications. However, nobody is using it, and there are no applications for using your tokens on Shibarium yet . If they get that solved, Shiba Inu will go to the moon. “ SHIB Price Outlook Despite Shibarium’s milestone, the meme coin remains in the red zone on a daily scale, currently trading at around $0.00001313. Some factors , though, suggest the price might head north soon. Shiba Inu’s burn rate has exploded by over 150%, resulting in roughly 750,000 tokens being sent to a null address. The USD equivalent of the destroyed stash is insignificant, but continuous efforts in that field will make SHIB scarcer and potentially more valuable in time (should demand not decline). SHIB’s exchange netflow is also worth monitoring. Outflows have surpassed inflows in the past week, meaning investors have shifted from centralized platforms to self-custody methods. This , in turn, reduces the immediate selling pressure. SHIB Exchange Netflow, Source: CryptoQuant The post Shiba Inu’s Shibarium Blasts Through Another Major Milestone: Details Here appeared first on CryptoPotato .

11 Aug 2025, 16:36

Filecoin Narrows Loss After 7% Slump

Filecoin (FIL) exhibited high volatility throughout the 24-hour trading session, registering a comprehensive 7% range, according to CoinDesk Research's technical analysis model. The model showed that FIL hit a high of of $2.68 and a subsequent low of $2.49, during the period. FIL endured a precipitous decline commencing approximately 07:00 on Aug. 11, down markedly to $2.49 by midday accompanied by robust volume of 8.88 million during the 12:00 trading hour, consequently establishing substantial volume-supported foundations at approximately $2.49, according to the model. The token has recouped some of its earlier losses to trade 2% lower over 24 hours, at around $2.56. The bounce in FIL came as the wider crypto market rose, with the broader market gauge, the Coindesk 20, recently up 1.1%. Technical Analysis: FIL traded between $2.49-$2.68 during the 24-hour period Substantial resistance established at the $2.68 level with volume exceeding 3.80 million. Robust support materialised at $2.49 with peak volume of 8.88 million during the 12:00 hour. The token has recouped some its earlier losses to trade 2% lower over 24-hours Increasing volume during the recovery phase with peak at 78,053 units suggests renewed purchasing interest. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .

11 Aug 2025, 16:36

Bitcoin May Face Major Correction, Max Keiser Suggests Likely Trigger

Bitcoin maximalist Keiser reveals trigger that may cause the next major BTC correction

11 Aug 2025, 16:32

FG Nexus Acquires 47,331 ETH, Aiming for 10% Stake in Ethereum’s Growing Ecosystem

FG Nexus has acquired 47,331 ETH, aiming for a 10% stake in Ethereum, highlighting the growing institutional interest in the cryptocurrency. FG Nexus announced spending $200M to buy 47,331 ETH

11 Aug 2025, 16:30

Blue Origin Opens Crypto Checkout for New Shepard Spaceflights via Shift4

Blue Origin will accept cryptocurrency and stablecoin payments for New Shepard suborbital flights through a new integration with Shift4. Shift4 Brings Crypto Payments to Blue Origin’s Space Tourism Starting today, customers can use bitcoin (BTC), ethereum ( ETH), solana ( SOL), tether ( USDT), and USDC to book seats, with Shift4 processing the transactions, according