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Bitcoin $89,015.37 -3.47%
Ethereum $3,016.38 -3.50%
BNB $880.88 -1.97%
Optimism $0.30 -6.44%
Arbitrum $0.20 -6.30%
Solana $132.40 -4.64%
Polygon $0.22 +2.77%
Cosmos $2.17 -5.77%
Avalanche $13.30 -7.75%

The Ether Machine increased its holdings by 10,605 ETH, bringing its total holdings to over 345,000 ETH

The Ether Machine announced today that its subsidiary The Ether Reserve LLC has increased its holdings by 10,605 ETH at an average price of $3,781. This increase is part of the company's long-term accumulation strategy, with funds coming from the previous $97 million private placement.

Since the beginning of this month, The Ether Machine has purchased and committed to a total of 345,362 ETH. The company plans to operate these assets through pledging, re-pledging, and other means, and provide Ethereum infrastructure services to institutions.

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The Ether Machine increased its holdings by 10,605 ETH, bringing its total holdings to over 345,000 ETH

All Comments

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Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.

Bank of America: Markets will soon digest expectations of a Fed rate cut in January.

He Lifeng held a video call with U.S. Treasury Secretary Bessant and Trade Representative Greer.

Hassett: No discussion with US President Trump regarding the Federal Reserve Chair (selection)

White House National Economic Council Director Hassett: It's Time for the Fed to Cautiously Cut Interest Rates

The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.

Social media platform "X" has been fined €120 million by the European Union for violating content regulations.

Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink

Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds

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