BitMine Immersion Technologies said its Ethereum holdings have reached 4.326 million tokens, representing roughly 3.6% of the total ETH supply, alongside total crypto and cash holdings of approximately $10 billion. The company reported $595 million in cash, additional Bitcoin holdings, and minority investments categorized as higher-risk assets.

The firm said nearly 2.9 million ETH are currently staked, positioning BitMine as one of the largest Ethereum staking participants globally. Management stated that staking operations are generating more than $200 million in annualized rewards, with plans to expand through its Made in America Validator Network, expected to launch in early 2026.

The disclosure highlights the growing role of corporate crypto treasuries as firms seek yield through staking and long-term asset accumulation. BitMine’s strategy also underscores increasing institutional participation in Ethereum infrastructure, even as ETH prices remain volatile and regulatory frameworks around crypto holdings continue to evolve.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Coinbase returned to the Super Bowl on Sunday, debuting its first major television campaign since its viral 2022 QR code advertisement. The one-minute spot, titled “Everybody Coinbase,” featured a minimalist karaoke-style aesthetic with text-based animations synchronized to the Backstreet Boys’ 1997 hit, “Everybody (Backstreet’s Back).” According to Catherine Ferdon, Coinbase’s chief marketing officer, the creative direction was designed to foster a shared experience and highlight the growth of the digital asset community, moving away from high-conversion promotional tactics toward brand-oriented storytelling.

The campaign signals a strategic pivot for the exchange, which is currently positioning itself as a mainstream financial infrastructure provider. Unlike the 2022 ad that offered direct Bitcoin incentives, the 2026 spot prioritized accessibility and brand sentiment. Brian Armstrong, Coinbase CEO, defended the minimalist approach, arguing that simplified, unique content is more effective at cutting through the saturated media environment of the Super Bowl, an event dominated this year by competitive advertising from artificial intelligence firms.

Public reception was polarized, with reactions ranging from praise for the ad’s simplicity to vocal criticism in physical viewing venues. Industry analysts noted that the campaign included multi-platform activations at the Las Vegas Sphere and Times Square. While some viewers expressed skepticism following recent market volatility, Coinbase representatives maintained that the campaign’s success is validated by the high volume of social discourse and its ability to reinforce crypto’s presence in American consumer culture.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

South Korea’s Financial Supervisory Service (FSS) is expanding oversight into crypto market manipulation following operational errors at domestic exchanges. The regulator will target high-risk tactics, including coordinated “whale” activity and schemes exploiting infrastructure disruptions. This follows a Bithumb promotional error where excess Bitcoin was mistakenly credited to users, prompting immediate scrutiny of internal exchange controls.

The FSS is deploying AI-powered surveillance to identify abnormal price movements. Investigations will prioritize “gating” practices, where deposit or withdrawal suspensions create artificial supply constraints. Simultaneously, the Financial Services Commission has ordered a review of internal protocols across all domestic platforms to mitigate volatility risks occurring during scheduled exchange maintenance or technical outages.

A new task force is preparing for the Digital Asset Basic Act’s second phase, focusing on disclosure and licensing. By enhancing automated detection of suspicious accounts, regulators aim to institutionalize market integrity. This indicates a move toward stricter enforcement for South Korea’s digital asset sector as authorities prioritize market stability.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

The Open Network Foundation has introduced TON Pay, a new payments software development kit aimed at enabling cryptocurrency payments directly within Telegram. The SDK allows merchants and Mini App developers to accept Toncoin and supported stablecoins through a wallet-agnostic checkout flow embedded in the messaging platform.

TON Pay aims to leverage Telegram’s global user base of 1.1 billion monthly active users. Nikola Plecas, vice president of payments at the TON Foundation, noted that the system is built for sub-second transaction times with fees typically remaining below one cent. The initial rollout focuses on in-app commerce, with future updates expected to include support for subscription models, gasless transactions, and regional fiat off-ramps to balance decentralized architecture with compliance requirements.

The move intensifies competition in the “everything app” sector, as platforms like X and Coinbase pursue similar integrated financial service strategies. While TON faces scrutiny regarding its deep integration with Telegram and historical decentralization concerns, the foundation maintains that the network remains permissionless. By embedding payment rails directly into the messaging interface, TON Pay attempts to position blockchain technology as a viable alternative to traditional fiat payment systems for everyday digital commerce.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Kris Marszalek, CEO of Crypto.com, has acquired the AI.com domain for a reported $70 million to launch an autonomous AI agent platform. The acquisition, which ranks as one of the largest domain-name transactions in history, precedes a national product launch scheduled for this Sunday. The service will be formally introduced through a Super Bowl advertisement, continuing Marszalek’s history of high-profile marketing campaigns to drive retail adoption within the digital asset and technology sectors.

The platform will offer users autonomous agents capable of managing digital workflows, scheduling, and personal tasks. While the base service will be accessible for free, a tiered subscription model will provide advanced processing capabilities and increased token limits. Marszalek stated that the long-term vision involves a decentralized network of agents, signaling a strategic integration between blockchain infrastructure and advanced artificial intelligence to accelerate the development of agentic capabilities.

This initiative follows similar moves by technology majors, including Microsoft, Google, and Nvidia, which have recently deployed agent-based AI solutions. The high valuation of the domain reflects the escalating competition for AI-related digital assets and branding. By combining agentic AI with decentralized networks, the project aims to capitalize on the growing institutional and retail interest in autonomous digital assistants while leveraging the established reach of the exchange’s brand.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Gemini Space Station (GEMI) is streamlining operations by exiting the UK, European Union, and Australian markets while reducing its global workforce by 25 percent. Mizuho analysts described the move as margin-accretive, noting that the exchange is pivoting away from high-cost geographic expansion toward jurisdictions with clearer regulatory frameworks. By narrowing its strategic scope to the US and Singapore, the firm intends to redeploy compliance and operational resources more efficiently.

The restructuring is expected to incur approximately $11 million in pre-tax charges during the first quarter of 2026. However, Mizuho expects operating leverage to improve by the second half of the year as these restructuring expenses roll off. The firm reiterated its Outperform rating and $26 price target for GEMI shares, which recently traded near historic lows. Analysts noted that achieving profitability has been a consistent point of investor scrutiny for the exchange since its public listing.

Beyond core trading, Gemini is focusing on growth in institutional custody and regulated prediction markets. The company recently received approval from the Commodity Futures Trading Commission to launch prediction services in the U.S., a sector Mizuho views as a key revenue stabilizer. While broader market sentiment remains divided between fintech and crypto-native platforms, Gemini’s strategic reset aims to defend and grow its market share through a more concentrated domestic footprint.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Tether has assisted Turkish authorities in seizing approximately $544 million in USDT tied to an illegal online betting and money-laundering network. CEO Paolo Ardoino confirmed the company’s involvement following an investigation by Istanbul prosecutors into Veysel Sahin, who is accused of operating unlawful platforms. The frozen assets represent a significant portion of the total $1 billion in assets recently seized by Turkish officials in related probes.

The intervention aligns with Tether’s broader strategy of institutional cooperation. The company reports assisting law enforcement in over 1,800 cases across 62 jurisdictions, resulting in the freezing of $3.4 billion in USDT to date. According to data from Elliptic, Tether and Circle have collectively blacklisted approximately 5,700 wallets by late 2025. This proactive stance comes as stablecoins face heightened scrutiny regarding their role in sanctions evasion and illicit financial flows.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Bitcoin’s network mining difficulty declined by approximately 11.16% in its latest adjustment, the steepest drop since China’s ban on crypto mining in 2021. The adjustment took effect at block 935,429, lowering difficulty to about 125.86 trillion and pushing average block times above the protocol’s 10-minute target.

The decline follows a period of reduced network hashrate driven by weaker Bitcoin prices and operational disruptions among miners. Data indicates difficulty may fall again later this month, reflecting continued strain across the mining sector as profitability tightens and participation fluctuates.

External factors also contributed to the contraction. Severe winter weather in the United States temporarily forced several large mining operations offline, while some miners shifted capacity toward artificial intelligence data centers and other high-performance computing uses. Together, these dynamics underscore the sensitivity of Bitcoin’s mining economics to market conditions, energy reliability, and evolving infrastructure priorities.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Prediction market platform Polymarket is transitioning its settlement infrastructure to Circle-issued native USDC, moving away from bridged USDC previously used on Polygon. The change will be implemented over the coming months, according to a joint announcement from Circle Internet Group and Polymarket.

Currently, Polymarket relies on bridged USDC, which represents tokens locked on another blockchain. By adopting native USDC issued directly by Circle’s regulated entities, the platform aims to reduce dependence on cross-chain bridges while improving capital efficiency and settlement reliability. Native USDC can be redeemed one-for-one for US dollars without intermediary mechanisms.

The shift comes as prediction markets expand and attract greater participation from both retail users and crypto-native firms. Polymarket’s move aligns with a broader industry trend toward regulated stablecoins as infrastructure providers seek to lower operational risk while supporting higher transaction volumes and institutional standards.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Tether has completed a $100 million strategic equity investment in Anchorage Digital, formalizing and expanding an existing partnership between the stablecoin issuer and the federally chartered US crypto bank. The investment was made through Tether Investments, the company’s El Salvador-based investment arm, according to a statement released Thursday.

The deal builds on prior collaboration between the firms, including Anchorage’s role in issuing USAt, a dollar-pegged stablecoin launched in January and designed to operate under the US federal payment stablecoin framework established by the GENIUS Act. Anchorage Digital, founded in 2017, provides custody, settlement, staking, and stablecoin issuance services to institutional clients.

The investment comes as Anchorage Digital is reported to be exploring a capital raise of $200 million to $400 million ahead of a potential initial public offering next year. For Tether, the move reflects continued deployment of capital following strong profitability and growing involvement across banking, payments, and digital asset infrastructure.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Gemini, the US-based cryptocurrency exchange founded in 2015, announced it will exit operations in the United Kingdom, European Union, and Australia while reducing its workforce by 25%. The company said it plans to concentrate resources on the US, citing deeper capital markets and lower operational complexity.

Management attributed the decision to limited demand in overseas markets, rising regulatory and operational costs, and increasing use of artificial intelligence to automate work and boost engineering productivity. Gemini said maintaining a global footprint had stretched the organization and slowed execution during a difficult period for digital asset markets.

The exchange will prioritize the growth of Gemini Predictions, its prediction market platform launched in December 2025, which has attracted more than 10,000 users and $24 million in trading volume. The shift comes amid a broader crypto downturn and slowing regulatory progress in the US, reinforcing Gemini’s focus on fewer, higher-conviction business lines.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

US House investigators have launched a probe into World Liberty Financial, a crypto venture linked to former President Donald Trump, following reports that an Abu Dhabi-connected entity agreed to acquire a 49% stake in the firm for $500 million ahead of the 2025 inauguration. The inquiry is being led by Rep. Ro Khanna, who has requested detailed ownership, governance, and payment records.

The investigation centers on potential conflicts of interest and national security considerations, including whether portions of the reported investment flowed to Trump family entities. Lawmakers are also seeking documentation related to Aryam Investment 1, the Emirati-linked vehicle cited in press reports, as well as internal communications and capitalization records.

A key focus is World Liberty’s USD1 stablecoin, which was used in a $2 billion transaction tied to Binance. Investigators are examining how the token was selected, what revenue it generated, and whether company personnel were involved in discussions preceding regulatory actions involving the exchange.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

BitMine Immersion Technologies is facing significant balance sheet pressure after Ethereum slid below $2,100, leaving the company with an estimated $7 billion unrealized loss. As of February 5, ether traded near $2,092, putting BitMine’s holdings of roughly 4.3 million ETH about 45% below their estimated acquisition cost. The move marks one of the largest paper losses tied to a single-asset corporate crypto strategy.

The company pivoted last year from Bitcoin mining to an Ethereum-first treasury approach, accumulating ETH at average prices estimated between $3,800 and $3,900. With Ethereum now more than 50% below its August 2025 peak, BitMine’s portfolio has declined sharply from prior valuations, reflecting broader weakness across digital asset markets.

Market pressure has extended to equities, with BitMine shares falling alongside ether. Analysts note that the drawdown highlights the financial risks of concentrated crypto treasury strategies during periods of heightened volatility and tighter liquidity, particularly as macro uncertainty continues to weigh on risk assets.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

The US Commodity Futures Trading Commission has withdrawn a 2024 proposal that aimed to ban political and sports-related prediction markets, reversing a key regulatory effort from the Biden administration. The agency also rescinded a staff advisory that had warned firms about litigation risks tied to offering event contracts.

CFTC Chair Michael Selig said the earlier proposal reflected an attempt at merit-based regulation that went beyond the commission’s statutory mandate. By formally abandoning the framework, the agency confirmed it will not pursue final rules based on categorizing prediction markets as gaming activities. Instead, the CFTC plans to develop new rulemaking grounded in the Commodity Exchange Act and aligned with congressional intent.

The move provides regulatory clarity for platforms offering event contracts, including federally regulated venues. However, state-level legal challenges remain a key risk, with jurisdictions such as Nevada continuing to argue that certain prediction markets resemble unlicensed gambling.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Bitcoin slipped below $71,000 during Asian hours on February 5, extending losses as a global selloff in technology stocks weighed on risk assets. The cryptocurrency fell as much as 7.5% over 24 hours, briefly touching lows near $70,700 before stabilizing, according to market data.

The decline followed sharp losses in Asian and US equities, particularly among technology shares exposed to artificial intelligence investment themes. Investors have grown cautious amid signs of slowing earnings growth, stretched valuations, and concerns that AI spending may be nearing a peak. Weakness in Asian markets was compounded by earlier losses in the Nasdaq, reinforcing a broader risk-off shift.

Bitcoin’s move mirrored declines across other high-volatility assets, including sharp drops in silver and gold. Market participants noted that thin liquidity and elevated macro uncertainty have amplified price swings, underscoring bitcoin’s continued behavior as a high-beta asset rather than a defensive hedge in periods of equity market stress.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.