Ethereum News Official TheBitTimes.com

It’s troubling times for millionaire Tom Lee, as his investment arm BitMine Immersion Technologies (NYSE: BMNR) has a heavy concentration in Ethereum. The entrepreneur is now sitting on a $10.5 billion in unrealized losses in ETH. The second-biggest cryptocurrency by market cap plunged to the $1,500 level on Friday. Market analysts are estimating that the downturn could likely continue, making Ethereum enter further muddy waters. Also Read: Michael Saylor Faces $14 Billion Unrealized Losses in Bitcoin JUST IN: Michael Saylor's 'Strategy' currently has a $14,000,000,000 unrealized loss on its Bitcoin investment. Tom Lee's 'Bitmine' currently has a $10,500,000,000 unrealized loss on its $ETH investment. pic.twitter.com/rtCxQqUlMq — Watcher.Guru (@WatcherGuru) June 25, 2026 Tom Lee’s BitMine had purchased Ethereum at an average price of $3,400 to $3,900 per token. The company holds over 5.4 to 5.8 million ETH, and is close to owning 5% of the overall supply. This i...

Ethereum (ETH) has reclaimed the $2200 price level amid a market-wide resurgence. CoinGecko data shows that ETH’s price has risen by 18% in the last 24 hours, 19.7% in the weekly charts, and 17.4% over the previous month. Ethereum’s (ETH) latest price rally is one of its most significant in 2026. Let’s discuss why the market is up today and if we are entering another bull run. Source: CoinGecko Why Is Ethereum Rallying Today? Source: Pixabay Ethereum’s (ETH) latest price rally comes after US President Donald Trump hosted CEOs from several crypto companies, including Ripple and Coinbase, at the White House. During the event, the President stated that the US is considering purchasing “sizable” amounts of Bitcoin (BTC) and other cryptocurrencies. The statement may have greatly elevated investor sentiment. Bitcoin (BTC) in inching closer to the $70,000 price level, pulling the larger cryptocurrency market along with it. Ethereum (ETH) is also riding the o...