Tom Lee Sees ‘Mini Crypto Winter’ Ending As Bitmine Buys 71,524 ETH – BitMine Immersion (NYSE:BMNR)

Bitmine Immersion Technologies (NYSE:BMNR) acquired 71,524 ETH last week, bringing total holdings to 4.875 million ETH representing 4.04% of total supply.

The ETH Accumulation

Bitmine now owns 4.04% of the total ETH supply of 120.7 million coins. That puts the company 81% of the way to its “Alchemy of 5%” target in just 9 months. 

Last week’s 71,524 ETH purchase marks the highest buying pace since late December.

“Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case is ETH is in the final stages of the ‘mini-crypto winter,’” said Chairman Tom Lee.

The Staking Revenue

Bitmine has put 3.334 million ETH into staking, which equals $7.4…

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SEC Opens Limited Broker Exemption Path For Crypto Trading Interfaces

The U.S. Securities and Exchange Commission has issued new staff guidance indicating that certain user-facing interfaces involved in crypto securities trading may not be required to register as broker-dealers, provided they meet a strict set of conditions designed to limit discretion, influence, and conflicts of interest.

In a statement released by the Division of Trading and Markets of the U.S. Securities and Exchange Commission, the agency outlined a framework under which websites, mobile applications, and browser-based tools that facilitate blockchain-based trading could operate outside traditional broker registration requirements for a limited period.

The guidance applies…

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Bitcoin Needs To Close A Week Above $71,000 And The Rally Is On, Analyst Says

Bitcoin (CRYPTO: BTC) traders are closely watching whether the asset can reclaim key technical levels amid ongoing macroeconomic uncertainty.

Key Levels In Focus

In the latest Technical Roundup podcast, trader DonAlt said Bitcoin’s most important level remains a weekly close above roughly $71,000.

He noted that such a move would strengthen the case for a sustained breakout.

The previous attempt to break higher failed amid geopolitical volatility.

A second attempt is now underway, but DonAlt said consecutive failed breakouts are uncommon.

Holding above this level would likely signal further upside.

If confirmed, the next major resistance sits near $82,000. Failure to hold current levels could…

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XRP Drops 35% In 3 Months: What Is Going On?

XRP (CRYPTO: XRP) has fallen about 35% over the past three months and roughly 63% over the past nine months, as sentiment in the market turns increasingly negative.

Despite the decline, analysts say extreme fear conditions could set the stage for a short-term relief rally.

Sentiment Turns Deeply Bearish

Data from Santiment shows XRP sentiment has reached one of its most bearish readings in the past two years, ranking among the highest levels of fear, uncertainty and doubt (FUD).

Historically, such extreme pessimism …

Full story available on Benzinga.com

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Bitcoin Faces Selling Above $70K, Wall Street Looks Bullish

The S&P 500’s latest rebound has drawn a cautiously bullish response from major Wall Street firms, with Morgan Stanley and JPMorgan Chase both signaling confidence that the recent correction may be nearing its end.

Morgan Stanley strategist Michael Wilson said the market’s recovery from its recent lows — about 7% off the trough — was holding at critical technical support levels, suggesting downside momentum may have run its course.

Wilson pointed to stronger-than-expected earnings growth, now tracking at roughly 15% on current reports and projected to climb more than 20% on a forward basis, as proof that equities still rest on a sound fundamental base. His team advises…

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Why Iran Wants Bitcoin For Safe Passage Though The Strait Of Hormuz

Iran’s grip over the Strait of Hormuz, one of the most important oil maritime transit choke points, remains firm. FT reported last week that Iran intends to charge a toll for passing, and Bitcoin was named the currency of choice. Here’s why this surprising turn of events has been predicted by Bitcoiners for over a decade.

On April 8, FT published a report titled “Iran demands crypto fees for ships passing Hormuz during ceasefire,” except it wasn’t crypto, it was Bitcoin. The report covered developments during the current two-week ceasefire in the war between the United States, Israel, and Iran, specifically over the Strait of Hormuz, which pre-war saw 20% of global oil flow…

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LATEST: Digital Asset Investment Products Record 1.1 Billion Inflows Last Week Strongest Since January

Digital asset investment products recorded $1.1 billion in net inflows last week. This marked the strongest weekly inflow since January, according to CoinShares’ latest report.

Bitcoin led the gains with about $871 million, making up nearly 80% of the total. Ethereum saw $197 million in inflows, while XRP added $19 million. The US accounted for the vast majority of flows. Short-Bitcoin products also saw inflows of around $20 million.

TD Securities Formalizes Public Bitcoin Treasury Companies (PBTCs) As Distinct, Investable Equity Category

In a foundational move for institutional finance, TD Cowen, a division of TD Securities, has officially formalized a new investable equity category: Digital Asset Treasuries (DATs). This strategic shift, detailed in a report to investors, moves the conversation beyond simple price speculation and establishes a rigorous framework for valuing Public Bitcoin Treasury Companies (PBTCs), operating companies that actively manage Bitcoin as productive treasury capital.

For C-suites and institutional allocators, this represents more than just a bullish research note; it is the installation of the professional plumbing required to drive Bitcoin adoption across wealth management, investment…

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How The Iran War Is Repricing Bitcoin

Since the U.S. and Israel began striking Iran on February 28, 2026, markets have had to wrestle with the financial and economic implications. The IEA described the disruption through Hormuz as the largest supply shock in the history of the global oil market. The strait normally carries about a quarter of maritime oil trade and is involved in about a fifth of global petroleum liquids consumption. 

The Iran war has made monetary infrastructure visible again

The Strait of Hormuz is obviously a physical chokepoint. However, trade also depends on a monetary chokepoint. Cross-border payments usually move through correspondent banks, intermediary banks, screening layers, and trade-finance…

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Strategy (MSTR) Buys 13,927 Bitcoin Via STRC Worth $1 Billion

Strategy continued its aggressive Bitcoin accumulation strategy last week, purchasing 13,927 BTC for approximately $1.0 billion and pushing its total holdings to a staggering 780,897 Bitcoin, according to a Form 8-K filing with the Securities and Exchange Commission dated April 13, 2026.

The Tysons Corner, Virginia-based company acquired the new Bitcoin at an average price of roughly $71,902 per coin, funded entirely through proceeds from its at-the-market (ATM) stock offering program.

Strategy’s cumulative Bitcoin stash now carries an aggregate purchase price of $59.02 billion, with an average cost basis of approximately $75,577 per coin.

To finance the purchases, Strategy sold over…

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