The crypto community is cheering on BitMine Immersion (BMNR). In August, the company’s stock price skyrocketed by a phenomenal 3000% at one point! This dramatic increase is fueled by BMNR's strategic pivot towards Ethereum (ETH) as its primary treasury reserve asset, aiming to emulate MicroStrategy's success with Bitcoin. This bold...
Ethereum (ETH) is the second-largest crypto by market capitalization. Today it is charting a different course, one rife with institutional intrigue, technical chart derring-do, and moving narrative markets. BlockOpulent.com takes a closer look at these variables. We give readers a succinct and easy-to-understand look at the factors driving Ethereum’s price...
Ethereum, the #2 crypto by market cap, can make for a confusing headline sometimes. Even as big financial players are supposedly taking more interest, the value of ETH at times has difficulty holding up its price. This article, penned by Miles O’Connor, dives into this seeming contradiction, offering clarity and...
The key takeaway here is that the volatile world of cryptocurrency presents endless possibilities and potential, with each different aspect coming with their own unique risks and rewards. Of the thousands of altcoins competing for investor dollars, Ethereum (ETH) and Mutuum Finance (MUTM) are two highly compelling contenders. Ethereum, the...
Ethereum developer Zack Cole has ignited a fresh wave of excitement and enthusiasm in the Ethereum ecosystem. He recently kicked off a new initiative focused on funding non-token projects. This decision further highlights ETH burning mechanisms’ increasing significance as a measure to bolster the economic value of the network. Cole’s...
BitMine’s recent $250 million private placement caused quite a stir and anticipation in the crypto community. This funding will help them execute on their ETH treasury strategy as well. With this move, BitMine would become one of the largest ETH holders that’s publicly traded. The move is a ballsy one,...
To be sure, the crypto community is perpetually on the defensive. Fortunes can be made or lost in a heartbeat. At BlockOpulent.com, we don't just report the news, we dissect it, decode it, and deliver it with a rebellious spark, ensuring you're always one step ahead. Earlier this week, one...
The crypto community can’t stop talking about BitMine’s aggressive new plan. Led by storied market strategist Tom Lee, the company is heading in a huge direction focused on Ethereum. The question remains whether this maneuver is a genius play, setting up BitMine to become the new MicroStrategy, or a foolish...
Alright, so let’s discuss this Ethereum whale who allegedly lost $324,000 on a 2,000 ETH trade. Now everybody’s screaming about the loss, the volatility on the market, and how it was a ridiculous mistake. Ai Auntie even identified the whale! What if this apparently catastrophic policy decision were in fact...
An Ethereum whale carried out a significant transaction, dumping 2,000 ETH worth $4.87 million. The transaction was first detected by on-chain analyst Ai Auntie. It demonstrated that the whale only had the assets in question for 47 days before dumping most of their assets at a loss. The sale led...
