The post Bitmine Says Ethereum Staking Generated 98% of Quarterly Revenue appeared first on Coinpedia Fintech News

Bitmine Immersion Technologies reported $45.7 million in Ethereum staking and validation revenue for the quarter ended May 31, accounting for 98% of total revenue, according to its latest 10-Q filing. The company generated about $2 million in revenue a year earlier, mainly from machine leasing. Bitmine said its institutional Ethereum staking platform, MAVAN, has staked …

Aave has expanded its V4 lending protocol beyond Ethereum for the first time by deploying it on Avalanche to support tokenized real-world asset lending and institutional credit markets. According to an announcement from Aave, the deployment brings the protocol’s latest…

BitMine earned $45.7M from ETH staking, 98% of quarterly revenue, while 4.9M staked ETH supports a projected $284M annual reward rate.

Ethereum price has reclaimed the $1,850 resistance after softer-than-expected U.S. inflation data triggered a sharp short squeeze, putting the $2,000 level back into focus for traders. The second-largest cryptocurrency climbed nearly 5% on July 15 after June’s Consumer Price Index…

Ethereum-backed EthSystems has launched with support from Bitmine, SharpLink and Consensys CEO Joe Lubin, adding another independent organization to Ethereum’s institutional development network after the Foundation cut 54 roles. According to an announcement from EthSystems on Tuesday, the for-profit company…

Ethereum has remained below $1,800 as traders await U.S. inflation data despite growing expectations of a breakout above $1,850. The second-largest cryptocurrency traded around $1,780 after briefly slipping toward $1,770 following the latest geopolitical flare-up in the Middle East. Oil…

Robinhood Chain generated about $843,000 in user fees while paying Ethereum roughly $1,600, fueling debate over L2 value capture and growth.

U.S. wallets moved $297M in seized Bitcoin and Ether to Coinbase Prime, raising reserve questions but no asset sale has been confirmed so far.

Binance's 44th proof-of-reserves report shows BTC holdings rose 1.22%, while customer ETH and USDT balances fell in the July 1 data snapshot.

Bitmine has expanded its Ethereum treasury by another 27,801 ETH, lifting its holdings above 5.77 million ETH, while Chairman Tom Lee has identified the Robinhood Chain as a fresh driver of Ethereum adoption. According to a press release from Bitmine,…

Ethereum has slipped below the key $1,800 level after renewed U.S.-Iran military escalation pushed oil prices higher and sent investors out of risk assets, although buyers continue to defend support near $1,750. According to data from crypto.news, Ethereum (ETH) price…

Tom Lee says the ETH/BTC ratio could signal a crypto recovery as Ether tests resistance and Bitcoin dominance eases across the wider market.

Cambridge estimates Ethereum uses 7.87 GWh yearly and ranks second-lowest among major PoS chains by energy intensity per market value today.

Tom Lee has reaffirmed that Ethereum will play the central role as traditional finance and cryptocurrency converge into a single market. According to a post published by Bitmine chairman Tom Lee on X, he believes the line separating traditional financial…

Hedera’s native token HBAR has fallen more than 2% after blockchain security researchers reported that a suspected exploit had moved more than $5.8 million in assets from the Hedera network to Ethereum. According to blockchain security researcher Specter, the suspected…

Ethereum price has rebounded to nearly $1,800 after easing geopolitical tensions and an aggressive short squeeze across crypto derivatives restored appetite for risk assets, while traders now watch whether bulls can force a breakout above a key technical ceiling. The…

Bitcoin and Ethereum options worth $1.75B expired as traders favored downside protection and sold short-term calls amid weak momentum.

Ethereum Foundation disbands its Protocol Support team amid restructuring, raising questions about developer programs and upgrade coordination.

Robinhood Chain has attracted more than $70 million worth of bridged Ether within its first week, strengthening Ethereum’s role as the settlement layer behind the brokerage’s new tokenized finance network. Data from Token Terminal showed the Arbitrum-based layer-2 network crossed…

The Ethereum Foundation has revealed that the biggest challenge in AI-assisted security research has become proving which reported vulnerabilities are genuine rather than finding potential bugs. According to the Ethereum Foundation’s Protocol Security team, recent experiments with coordinated AI agents…

Nearly every transaction on Ethereum’s layer-2 networks passes through a single machine, run by a single company, called a sequencer. It orders trades, sets the pace of the chain, earns the fees, and can go dark or say no. This…

Meta description: Crypto minus Bitcoin and Ethereum fell 23% in H1 2026 to $666B. The three structural causes, the survivors, and the honest bull and bear cases.

Ethereum price has remained pinned near $1,750 after renewed Middle East tensions triggered a risk-off mood across financial markets and sellers once again defended the $1,800 resistance zone. According to data from crypto.news, Ethereum (ETH) price traded around $1,756 on…

A crypto user has lost nearly $1 million after approving a malicious Ethereum transaction that gave scammers access to drain almost the entire wallet balance, adding to hundreds of millions of dollars in phishing losses recorded this year. According to…

Ethereum has weakened for a second straight session as a bearish rounding-top pattern and renewed selling pressure threaten a move toward $1,650. According to data from crypto.news, Ethereum (ETH) was trading near $1,737 at press time, down nearly 2% over…

This article has been updated to include a chart showing Bitmine’s share price performance over the past day. Bitmine has increased its Ethereum treasury with another $70 million purchase, taking its holdings to nearly 5% of the token’s circulating supply.…

Vitalik's Lean Ethereum roadmap would replace nearly every part of the protocol in 3-4 years: STARKs, quantum-safe crypto, new storage, and beyond the EVM.

Ethereum trades near $1,777 as analysts watch $1,800 resistance, Binance liquidity, and reserves for the next ETH price move this week.

A trader has lost nearly $2 million in an Ether swap after a decentralized exchange router sent the transaction through a low-liquidity pool, allowing a same-block arbitrage trade to capture almost the entire value. According to blockchain security firm GoPlus…

Ethereum co-founder Vitalik Buterin has unveiled a multi-year roadmap that places native privacy, quantum resistance, and protocol simplification at the center of Ethereum’s next major upgrade, describing it as the network’s largest transformation since The Merge. According to a roadmap…

Bitmine says ETH holdings reached 5.74M tokens, lifting crypto, cash and securities to $11.1B as it nears 5% of ETH supply in 2026.

Ethereum has climbed about 12% since July 1 as weaker-than-expected U.S. employment data and renewed institutional inflows pushed buyers back into the market, although the asset now faces heavy resistance near the $1,800 level. Ethereum’s rally gathered pace after the…

Ethereum trades near $1,764 as traders watch $1,700 support, $1,800 resistance and Vitalik’s Lean Ethereum roadmap for next moves.

Binance saw $1.2b in weekly outflows as ETH withdrawals hit a 3-year high, raising focus on accumulation, MiCA rules and market risk.

Solana now beats Ethereum on trading volume, active users, and fee revenue. Ethereum still holds the money. Halfway through 2026, the question is no longer who is faster. It is whether the two chains are even running the same race.…

Ethereum price holds near $1,715 as ETF inflows return and technical signals improve, but exchange inflows keep downside risks in focus.

Bitcoin options expiry puts $60K in focus as $1.9B BTC contracts settle and ETH traders seek downside protection amid weak Q3 sentiment.

The stolen PUSD tokens were moved from Polygon to Ethereum via a bridge.