BitMine Immersion Technologies (NYSE American: BMNR) announced that its total cryptocurrency, cash, and other assets amount to $13.7 billion as of November 2.

Amid ongoing market uncertainty, a trader with a 100% success rate has once again opened long positions in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

Bitwise Chief Investment Officer Matt Hougan has explained why he’s bullish on Solana over the long term. According to him, this Layer-1 blockchain gives investors “two ways to win” — and both look highly attractive.

Bitcoin and Ethereum ETFs have posted negative flows for the second consecutive day amid renewed market weakness. BTC is currently trading around $110,000, while ETH has dropped below $4,000.

The long-awaited Fusaka upgrade for the Ethereum blockchain is set to launch on December 3, 2025.

Transaction fees on the Ethereum blockchain have fallen to nearly a historical low of just 0.16 gwei, or $0.01 per transaction. Meanwhile, the number of transactions this week has risen to 1.6 million.

BitMine Immersion has purchased nearly $113 million worth of Ethereum (ETH) from digital asset custodian BitGo. A transaction from wallet address “0xDc8…3a07f” included approximately 27,316 ETH, indicating that BitMine continues its aggressive accumulation strategy.

Cryptocurrency

Options on Bitcoin (BTC $113,104.75) and Ether (ETH $4,001.69) worth around $17 billion are set to expire on Friday on the Deribit exchange — one of the largest monthly options expirations this year.

Activity on the Ethereum blockchain has surged to a five-month high, driven by renewed interest in DeFi, decentralized exchange (DEX) trading, smart contract usage, and stablecoin transfers. The number of ETH transactions has recently surpassed USDC transfers, marking a notable shift in network dynamics.

Cryptocurrency

Spot Ethereum exchange-traded funds (ETFs) have recorded their second consecutive week of outflows amid cooling investor sentiment following months of steady inflows.

Cryptocurrency

From October 17 to 24, 2025, Bitcoin gained 4.42%. After hitting a five-month low, the world’s largest cryptocurrency managed to halt its decline and climb back above $110,000.

A crypto trader who previously achieved 100% profit totaling over $3.2 million has taken a large bullish position on Ethereum (ETH).

The largest Ethereum treasury company, BitMine Immersion Technologies, led by Tom Lee, took advantage of the ETH price drop to accumulate more cryptocurrency.

BitMine purchased 202,037 ETH during a market downturn, bringing it significantly closer to its goal of accumulating 5% of the total Ethereum supply.

Over the past week, BitMine has purchased 179,251 ETH worth approximately $823 million at an average price of $4,535 per coin. During the same period, ETH has risen by nearly 13%.

The Ethereum Foundation has converted 1,000 ETH, worth nearly $4.5 million, into stablecoins. The transaction was executed via CoWSwap using a TWAP (Time-Weighted Average Price) strategy to minimize market impact and support the organization’s DeFi-focused mission.