BitMine Immersion Technologies raised $250 million to stepping into Ethereum treasury holdings.
DOJ Seizes $40K in USDT from Trump-Vance Scam With Help from Tether
The U.S. Department of Justice (DOJ) has recovered $40,300 in Tether (USDT) after scammers posed as officials from the Trump-Vance Inaugural Committee.
Ethereum Surges on ETF Inflows and Altcoin Rotation, Eyes $2,800 Resistance
Ethereum has climbed between 6.5% and 7.3% over the past 24 hours, trading near $2,560–$2,575 and peaking at $2,619, outperforming Bitcoin and lifting the ETH/BTC ratio by 30%.
Despite this rebound, the pair remains near a five-year low, underscoring the uphill climb in regaining relative dominance.
Momentum is being driven by nearly $2 billion in net inflows to U.S. spot Ethereum ETFs over the past month—including $1.3 billion in December 2024—alongside strong DeFi and NFT activity and optimism around the upcoming Pectra upgrade.
Meanwhile, explosive rallies in Ethereum-based memecoins like Moodeng and Solana’s POPCAT point to a rotation into high-beta altcoins, with retail speculation surging amid declining Bitcoin dominance.
Solana’s high-speed, low-cost infrastructure and Ethereum’s DeFi maturity are accelerating this shift.
However, volatility in memecoins and any sharp Bitcoin reversal could disrupt this momentum.
Traders should closely monitor ETH’s $2,800 resistance, Bitcoin dominance slipping below 50%, and on-chain signals like active address growth and ETF flows to gauge whether this altcoin season has staying power.
Ryan Lee, Chief Analyst at Bitget Research
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Ripple Applies for US Bank License and Fed Master Account as Stablecoin Rules Tighten
Ripple Labs has applied for a national bank charter with the US Office of the Comptroller of the Currency (OCC).
“You gotta own 40% crypto?” This finance veteran says yes
This ain’t your usual Wall Street mumbo jumbo. Ric Edelman, the big boss behind a $300 billion investment advisory empire, just dropped a bombshell that’s shaking up the whole portfolio game.
Hut 8 sets sights on Dubai, miner expansion is the name of the game
Hut 8, the North American Bitcoin mining outfit with ties to the Trump family, is packing its bags and planting a flag in Dubai.
Judge Hits Tether as Celsius $4B Bitcoin Lawsuit Moves Ahead
A U.S. bankruptcy judge has allowed the Celsius lawsuit against Tether to continue. The case accuses Tether of breaching contract terms during a Bitcoin fire sale in June 2022.
