BitcoinWorld Bitmining SOL Purchase: Monumental Growth in Digital Assets Bitmining (BTCM), a prominent NYSE-listed cryptocurrency mining firm, recently announced a monumental Bitmining SOL purchase . This strategic acquisition involved an additional 17,221 SOL tokens, significantly boosting their total Solana holdings to an impressive 44,000 SOL. This bold move underscores the company’s commitment to expanding and diversifying its digital asset portfolio in a rapidly evolving market. What Fuels Bitmining’s Strategic SOL Purchase? The decision to increase its Solana reserves is not arbitrary; it is a calculated step within Bitmining’s broader investment framework. Solana stands out in the blockchain arena for its exceptional speed, scalability, and cost-effectiveness. These attributes make it particularly appealing to institutional investors seeking robust and efficient decentralized platforms. Bitmining’s confidence in SOL reflects a long-term vision for the token’s growth and its expanding ecosystem. Key reasons behind the appeal of Solana include: High Transaction Throughput: Solana’s network can process thousands of transactions per second, making it incredibly efficient for various applications. Low Network Fees: Cost-effective operations attract both users and developers, fostering a thriving environment. Vibrant Ecosystem: A rapidly growing community supports numerous decentralized applications (dApps) and innovative projects. Scalability Potential: Designed to handle increasing demand without compromising performance, ensuring future-proof operations. How Does This Investment Strengthen Bitmining’s Position? This latest Bitmining SOL purchase is a clear indicator of the company’s strategic diversification efforts. By adding a substantial amount of Solana to its balance sheet, Bitmining is actively reducing its reliance on single assets like Bitcoin or Ethereum. This approach helps to balance potential risks and capitalize on growth opportunities across different segments of the crypto market. It also positions Bitmining as a forward-thinking player, ready to embrace innovative blockchain technologies. Furthermore, such an investment can enhance Bitmining’s financial resilience. A diversified portfolio is generally less susceptible to the extreme volatility often seen in the cryptocurrency space. If one asset experiences a downturn, others may remain stable or even appreciate, providing a crucial buffer. This careful asset allocation is essential for publicly traded companies navigating the unpredictable digital asset landscape effectively. The Broader Impact of Institutional Solana Adoption Bitmining’s significant Bitmining SOL purchase contributes to a larger narrative of increasing institutional interest in Solana. Major firms are recognizing Solana’s potential to power the next generation of Web3 applications, from decentralized finance (DeFi) to non-fungible tokens (NFTs) and gaming. This growing institutional validation is vital for the mainstream acceptance and long-term stability of the Solana network and the broader crypto market. However, it is essential to acknowledge the inherent risks involved. The cryptocurrency market, while offering immense potential, is also characterized by its volatility and evolving regulatory uncertainties. Bitmining, like any prudent investor, must weigh these factors carefully. Their strategy likely emphasizes a long-term holding period, focusing on Solana’s fundamental technological advancements and ecosystem development rather than short-term price fluctuations. This disciplined approach is key to navigating the digital asset frontier successfully. Bitmining’s bold Bitmining SOL purchase is a powerful statement about its strategic direction and confidence in the future of high-performance blockchains. By integrating Solana into its core investment strategy, the company is not only diversifying its portfolio but also actively shaping its role in the evolving digital economy. This move underscores a significant trend: institutional players are increasingly looking beyond traditional assets, recognizing the immense value and potential within the broader cryptocurrency ecosystem. This proactive investment strategy could pave the way for sustained growth and innovation within the firm. Frequently Asked Questions (FAQs) 1. What is Bitmining (BTCM)? Bitmining (BTCM) is a cryptocurrency mining firm that is publicly listed on the New York Stock Exchange (NYSE). It engages in the mining of various cryptocurrencies and strategically invests in digital assets. 2. What is Solana (SOL)? Solana (SOL) is a high-performance blockchain platform known for its fast transaction speeds, low costs, and scalability. It supports decentralized applications (dApps) and various Web3 projects. 3. Why is Bitmining investing in SOL? Bitmining is investing in SOL as part of its strategy to diversify its digital asset portfolio. Solana’s technological advantages, such as speed and scalability, make it an attractive long-term investment for institutional players seeking exposure to innovative blockchain technologies. 4. What are the risks associated with such investments? Investments in cryptocurrencies like SOL carry inherent risks, including market volatility, regulatory changes, and potential security vulnerabilities. Bitmining’s strategy likely involves a long-term outlook to mitigate short-term price fluctuations. 5. How does this investment impact the broader crypto market? Significant institutional investments like the Bitmining SOL purchase lend credibility to the cryptocurrency market. They signal growing confidence from traditional finance in digital assets, potentially attracting more institutional capital and fostering mainstream adoption of blockchain technologies. Did you find this insight into Bitmining’s strategic move valuable? Share this article with your network on social media to keep others informed about the evolving landscape of institutional crypto investments! To learn more about the latest crypto market trends, explore our article on key developments shaping Solana institutional adoption. This post Bitmining SOL Purchase: Monumental Growth in Digital Assets first appeared on BitcoinWorld and is written by Editorial Team
Influential event spiked interest in financial markets after PPI data below expectations. US inflation metrics aligned with forecasts, indicating a positive market stance. Continue Reading: The Week’s Big Event Boosts Appetite in Financial Markets The post The Week’s Big Event Boosts Appetite in Financial Markets appeared first on COINTURK NEWS .
JPMorgan’s recent analysis frames the MicroStrategy S&P 500 rejection as a signal that index committees are increasingly wary of firms that effectively operate as Bitcoin funds. The report highlights that,
The XLS-86 Firewall is an XRP Ledger amendment that lets account owners set time-based and value-limited controls plus a whitelist to block unauthorized outgoing transactions. It reduces losses from private-key
From harsh 55% taxes to a flat 20%, Japan’s crypto overhaul promises relief for investors in a bid to boost Web3 innovation.
Bitcoin (BTC) and altcoins are on the rise as expectations rise for a 50 basis point interest rate cut from the Fed next week. BTC rose above $114,000, Ethereum (ETH) rose above $4,400, and XRP above $3. Dogecoin (DOGE) has reached $0.25, posting a 5% daily gain for a total gain of 15.9% over the past week. While it is almost certain that the FED will cut interest rates next week, critical inflation data that the FED attaches importance to in making interest rate decisions was released today. Here is the data disclosed: Consumer Price Index Annual: Announced 2.9% – Expected 2.9% – Previous 2.7% Consumer Price Index Monthly: Announced 0.4% – Expected 0.3% – Previous 0.2% Core Consumer Price Index Annual: Announced 3.1% – Expected 3.1% – Previous 3.1% Core Consumer Price Index Monthly: Announced 0.3% – Expected 0.3% – Previous 0.3% The consumer price index is an important variable used to measure consumer purchasing trends and U.S. inflation changes. Bitcoin's First Reaction After CPI Data! *This is not investment advice. Continue Reading: BREAKING NEWS! Critical US Inflation Data Released! Here's Bitcoin's (BTC) First Reaction!
Developers across Latin America are increasingly choosing to build on well-established blockchains like Ethereum and Polygon rather than launching new base-layer protocols, according to a new report from consultancy firm Sherlock Communications . Key Takeaways: Latin American developers prefer building on established blockchains like Ethereum and Polygon. Ethereum dominates regional activity with over 75% of transactions, while Polygon’s share has nearly doubled to 20%. Despite their crucial role, Ethereum core developers earn 50–60% less than market rates, with limited access to equity or token incentives. The study surveyed 85 developers from Bolivia, Mexico, Brazil, and Peru, and found that transparency, ease of use, and regulatory alignment were key priorities. Developers in the region value strong documentation, intuitive tooling, and proven networks, qualities that Ethereum and Polygon are known for. Latin America’s Blockchain Devs Show “Strong Technical Maturity” Luiz Eduardo Abreu Hadad, a blockchain researcher at Sherlock Communications, said the region’s developers show “strong technical maturity” and are focused on solving real-world problems. “Latin America has a growing, increasingly skilled developer community,” he noted, adding that while local devs are capable of building entirely new platforms, the current focus remains on expanding within already trusted ecosystems. Onchain data backs up the trend. Sherlock’s analysis of 697,000 transactions tied to wallets in Latin America revealed that Ethereum accounted for over 75% of blockchain activity between June 2024 and June 2025. Polygon followed, rising from 11% to 20% of the region’s tagged activity by June 2025. Latin American devs are building on Ethereum (75% of activity) & Polygon (20%), favoring proven ecosystems over new chains. Focus: DApps, RWA tokenization & real-world use cases. Strong technical maturity, practical solutions. #Ethereum #Polygon #Crypto #LatAm pic.twitter.com/tdbhsJACsv — Aakashquaraly.eth (@aakashqueraly) September 11, 2025 Projects like Brazil’s Núclea Chain and RBB demonstrate that Latin America also has the potential to build national infrastructure and globally relevant platforms. Meanwhile, a new report by Protocol Guild reveals that Ethereum core developers are earning significantly below market rates , despite being responsible for maintaining the security and functionality of the world’s second-largest blockchain. The survey, which gathered responses from 111 contributors, shows that median base salaries are around $140,000, roughly 50% to 60% lower than comparable roles in the private sector, where offers average $359,000. Crypto Adoption in Latin Amercia Grows Cryptocurrency adoption in Latin America continues to grow, with Bitso reporting a 12% increase in regional users in 2024 . A notable shift toward diversified portfolios is emerging, as 38% of users now hold at least three different cryptocurrencies. Economic instability has also driven up demand for stablecoins, which accounted for 39% of all crypto purchases, up from 30% the previous year, while Bitcoin’s share dropped to 22%, reflecting a growing “HODL” mindset. Beyond stablecoins, speculative interest in meme coins is rising. PEPE and Dogecoin both saw increased purchase volumes, while XRP made a comeback, accounting for 9% of total purchases. Ethereum and Solana held steady with smaller shares, showing consistent interest. Meanwhile, the demographic base of crypto investors is expanding, with older age groups (45–64) increasing their participation, though 25–34-year-olds still lead in overall activity. Advanced trading is also on the rise. Bitso Alpha, the exchange’s pro platform, matched transaction levels seen on the beginner-friendly Bitso Classic. In December 2024, Alpha users averaged 32 trades each, signaling a growing appetite for strategic trading and higher financial literacy among Latin American crypto investors. The post Latin American Devs Favor Building on Ethereum, Polygon Over New Blockchains appeared first on Cryptonews .
Papa (@mamagucci), a crypto enthusiast and analyst on X, recently shared a detailed chart of XRP that spans more than a decade of price action. His chart highlights the token’s steady movement within a clearly defined ascending channel . The chart reveals a structure that many investors may have overlooked. It suggests that XRP could be preparing for another strong upward move. $XRP 12 YEAR TRENDLINE pic.twitter.com/zjsfsXy96r — papa (@mamagucci) September 10, 2025 The Channel and Its Relevance The chart shows XRP’s price history dating back to 2013, with three major peaks marked at significant points in its trading history. Each of these peaks aligns with the upper boundary of a long-term ascending channel, which has guided the asset’s performance over the years. Despite periods of volatility and prolonged consolidation , XRP has remained within this channel, reinforcing the idea that its price is following a consistent path. At the time of his analysis, XRP traded near $2.97, positioned in the middle range of the channel. The analysis suggests that the next logical move could take the token toward the upper boundary once again, which in the past has coincided with major market cycles. The asset has experienced multiple notable breakouts this year, reaching a peak of $3.65 in July. Although its price struggled recently, it has started recovering and is now testing the $3 resistance level, looking to turn it into support before continuing its climb. The Bullish Outlook What stands out in Papa’s chart is the projection drawn toward the next upper-channel target. The trajectory outlined points to a potential move as high as $22. While no timeline is explicitly stated, the historical rhythm of XRP’s market movements indicates that such levels could be tested during the next strong bullish phase. This outlook aligns with the pattern observed in earlier cycles. In 2017 and 2021, XRP reached the top of its trend channel before retracing into a more moderate range. If this recurring behavior continues, the projected move would represent another instance of XRP respecting its long-term structure while achieving new highs within the channel. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 For investors, the key takeaway is that XRP is moving in line with historical patterns that have previously led to substantial gains. With the token consolidating near mid-range levels, the conditions are set for a possible climb toward the upper resistance of the channel. Should this projection hold, the move to the $22 region would represent one of the most significant advances in XRP’s history. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Based On 12-Year Trendline, Analyst Predicts XRP Massive Breakout appeared first on Times Tabloid .
Bitcoin traded at $114,011 on Sept. 11, 2025, bolstered by a market capitalization of $2.27 trillion and a 24-hour trading volume of $48.11 billion. The day’s intraday price range spanned from $112,255 to $114,451, indicating tight consolidation within a key resistance zone. Bitcoin Bitcoin’s daily chart reveals a gradual recovery from a prior downtrend that
Bitcoin is trading at a critical level after several days of tight consolidation between $115,000 and $110,000. The price action reflects a tense standoff, with bulls working to regain ground while mounting selling pressure keeps gains in check. Despite the cautious mood, momentum appears to be leaning bullish, as buyers continue to defend key support zones and prepare for the next decisive move. Related Reading: Ethereum Network Activity Heats Up As Fees Hit $1.4M In 24H Adding weight to this outlook, top analyst Maartunn shared new insights showing that dormant Bitcoin coins are beginning to move onchain. This activity suggests that long-term holders, who typically sit through volatility, are repositioning themselves, marking a significant shift in market dynamics. Importantly, these flows also align with the broader trend of capital rotation between Bitcoin and Ethereum, a pattern that has gained traction throughout this cycle. Such behavior is often seen at key inflection points, where profit-taking and reallocations set the stage for the next phase of the market. For Bitcoin, the movement of dormant supply could indicate growing conviction that liquidity will continue to fuel upside. As BTC hovers within this narrow range, the interplay between long-term holders and shifting capital flows may decide whether the breakout resolves higher. Bitcoin Supply Awakens: What It Means for the Market According to analyst Maartunn, a remarkable 604,549 BTC aged between three and five years have moved onchain since March 9, 2025. This is not just a minor adjustment—it represents one of the largest shifts in long-term holder behavior in recent memory. Dormant coins of this age bracket typically belong to holders who have sat through multiple cycles, signaling deep conviction in Bitcoin’s long-term value. When these coins move, the market pays close attention. The reasons behind this sudden activity are still debated. Some analysts argue this is clear profit-taking behavior. After holding for several years, these investors may see the recent rally toward $115,000 as an opportune moment to secure gains. Large holders, sometimes referred to as whales, are known to time exits strategically, often around cycle peaks or when volatility increases. Their activity could explain some of the selling pressure observed in recent weeks. Others, however, interpret these moves differently. Rather than a sign of weakness, they see it as capital rotation—a reallocation from Bitcoin into Ethereum and select altcoins. This aligns with the broader trend of diversification as institutions and high-net-worth investors explore opportunities outside BTC. With Ethereum’s strong fee generation and rising adoption across DeFi and layer-2 ecosystems, such shifts could represent strategic positioning for the next growth wave. Regardless of the motive, the data confirms that long-term holders are actively reshaping the market landscape. Whether this results in temporary selling pressure or sparks a new phase of capital distribution across the crypto sector, one thing is clear: Bitcoin’s dormant supply is no longer idle, and its reawakening marks a critical development for this cycle. Related Reading: Bitcoin Futures Pressure Score Hits 18%: Shorts Are Losing Momentum Price Consolidates Below Key Resistance Bitcoin is currently trading around $113,897, showing signs of recovery after bouncing from lows near $110,000 earlier this month. The daily chart highlights a constructive rebound, with BTC now testing key resistance levels. The 50-day SMA at $114,587 sits just above the current price, acting as the first major hurdle for bulls to clear. A decisive break above this level could open the door toward $116,000 and eventually retest the cycle high at $123,217, marked as the major resistance zone. On the downside, the 100-day SMA at $112,204 is providing short-term support, while the 200-day SMA at $102,077 remains a crucial long-term floor. As long as BTC holds above $112,000, the bias leans toward continuation higher, with buyers steadily regaining confidence. Related Reading: Bitcoin CDD Indicator Signals LTH Distribution As Demand Offsets Pressure The structure suggests that Bitcoin is building momentum for another push, though overhead resistance remains heavy. If bulls fail to reclaim the 50-day SMA convincingly, price could slip back into the $112,000–$110,000 range, keeping consolidation in play. Holding current levels and breaking above the short-term moving averages would strengthen the bullish case, while rejection could prolong the sideways chop before any larger breakout attempt. Featured image from Dall-E, chart from TradingView