TFIN DAO | Web3

BitMine has agreed to buy 10,000 ETH directly from the Ethereum Foundation in an over-the-counter deal worth about 23.87 million dollars, priced at roughly 2,387 dollars per coin. The purchase fits BitMine’s broader strategy of building one of the largest corporate ether treasuries in the market and moving closer to its longer term goal of controlling a meaningful share of ETH supply. For the Ethereum Foundation, the sale provides fresh funding for research, development and ecosystem support without sending a large block of ether through public exchanges. The deal also shows how Ethereum’s market structure is evolving, with bigger treasury players and core ecosystem institutions increasingly using private block-style transactions that look more like traditional finance than ordinary exchange trading.

Bitcoin’s Bull Score Index has risen back to 50, which means it has moved out of bear territory and into a neutral zone for the first time since the market topped out in late 2025. CoinDesk presents that as a meaningful improvement in market tone, since the index has often signaled transition points when internal conditions start to stabilize. But the warning is that this kind of shift is not always reliable on its own. A similar move in March 2022 looked constructive at first and then failed, with bitcoin later continuing lower. That is why the current reading is being treated as a sign of improving conditions, not as proof that a full bull market has returned. Broader on-chain analysis also suggests the recovery still lacks strong conviction, so the move is better read as cautious progress than a definitive reversal.

New York Attorney General Letitia James has sued Coinbase Financial Markets and Gemini Titan, arguing that their prediction market products are illegal gambling under state law because they offered event-based contracts without the licenses required by the New York State Gaming Commission. The companies have maintained that these products fall under federal supervision instead, which has turned the case into a larger fight over whether prediction markets should be regulated as gambling or as federally overseen derivatives. The state is seeking fines, restitution and tighter restrictions on access and marketing, including limits tied to underage participation. More broadly, the lawsuits show how prediction markets have become important enough to trigger a direct jurisdictional clash between state authorities and federal-style crypto market expansion.

BitMine Immersion Technologies bought another 101,627 ETH worth more than 230 million dollars, its largest weekly ether purchase of 2026, pushing its total treasury to just under 5 million ETH and bringing it closer to its goal of controlling about 5 percent of Ethereum’s circulating supply. The move shows that BitMine is still accelerating its accumulation rather than slowing down after earlier buys, and it reinforces the company’s role as one of the market’s most aggressive corporate ether holders. Reports also indicate that a large portion of its holdings is already staked, which means BitMine is treating ETH not only as a reserve asset but also as a yield-generating part of a broader treasury strategy. Overall, the latest purchase strengthens the view that BitMine is positioning itself less like a traditional public company and more like a dedicated ether treasury vehicle with growing influence inside the Ethereum ecosystem.

New research discussed by CoinDesk suggests that a future quantum computer could potentially steal bitcoin in a much more direct way than many people imagine, not by breaking the whole network at once but by deriving a private key fast enough to intercept a vulnerable transaction before it is confirmed. The “nine minutes” idea comes from newer estimates that sharply lower the computing resources once thought necessary for this kind of attack, making the threat feel more concrete even though no such machine exists today. The main danger would fall on wallets whose public keys are already exposed or become visible when coins are spent, especially older or reused address types, which is why the issue is being framed as a selective wallet-drain problem rather than an immediate collapse of Bitcoin itself. The broader takeaway is that the risk is still future-facing, but it is now specific enough in method and timing that developers and wallet providers have a stronger reason to start preparing post-quantum defenses sooner rather than later.

Bitcoin climbed back toward 75,000 dollars but once again failed to break through that level, even as the Nasdaq and S&P 500 pushed to fresh record highs on the back of stronger earnings and improving sentiment around U.S.-Iran talks. CoinDesk framed the session as a notable divergence, with BTC gaining modestly but still looking stuck under a ceiling that has repeatedly blocked rallies, while Reuters reported that U.S. equities moved higher with much stronger momentum. The contrast suggests that positive macro conditions alone were not enough to trigger a true bitcoin breakout, and that crypto traders still need a stronger catalyst before treating 75,000 dollars as support instead of resistance.