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Clair Obscur: Expedition 33 will receive new update with "a bit of whee and a bit of whoo", as studio celebrates new sales milestone
Game Reviews

Clair Obscur: Expedition 33 will receive new update with “a bit of whee and a bit of whoo”, as studio celebrates new sales milestone

by admin October 8, 2025


Clair Obscur: Expedition 33 developer Sandfall Interactive has teased a new update to the game is on the way, as a “thank you” to fans.

While story details remain slim, game director Guillaume Broche told Eurogamer: “You can expect a bit of whee, and a bit of whoo as well”. His hints suggest it’ll focus on adorable mount Esquie, who’s become a bit of a meme within the game’s community.

News of the update arrives as the game reaches a new sales milestone: it’s now sold over 5m copies worldwide across all formats.

Clair Obscur: Expedition 33 | Launch TrailerWatch on YouTube

“We are working on a big ‘thank you’ update for the game actively, that we will release when it’s ready,” said Broche. “We want to prepare an update to say a big thank you to our players, because it’s thanks to our players that we are in such a comfortable situation now. They brought us so much emotion and gave us so much love in return for the game that we want to address that and make a big thank you update with new content, new enemies, new stuff to do for every type of player.”

He continued: “It’s not a super big DLC extension with hours of content. It’s more a thank you gift from us. You will have quite a few things to do and collect…[and] some quality of life [additions] that are very highly requested by the community.”

Same, tbh. | Image credit: Sandfall / Eurogamer

Back in June the developer teased more content was on the way, including new accessibility options and localisation options among other “bits and bobs”, which will now be part of this teased update.

The update will include:

  • A brand-new location with new enemy encounters
  • New boss battles aimed at late-game players
  • New costumes for each member of the party
  • New text and UI game localisations into Czech, Ukrainian, Latin American Spanish, Turkish, Vietnamese, Thai, and Indonesian
  • “Even more surprises fans can look forward to”

The update will be released for free.

The studio has also released the below artwork, hinting towards what fans can expect to discover.

What do you see here? | Image credit: Sandfall Interactive

At the end of May, Sandfall announced Expedition 33 had reached a fitting milestone of 3.3m copies sold in its first month. It’s now sold a further 2m copies and is a popular frontrunner for game of the year awards.

Alongside news of the update, Eurogamer spoke with Broche about the game’s success, the studio’s “art house” aspirations, and the scope of future projects.



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October 8, 2025 0 comments
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XRP and DOGE ETFs Push $500 Million Milestone for U.S. Investment Fund
Crypto Trends

XRP and DOGE ETFs Push $500 Million Milestone for U.S. Investment Fund

by admin October 4, 2025


Amid the growing buzz surrounding crypto ETFs, REX-Osprey. the first U.S. investment fund to launch XRP and DOGE ETFs, has celebrated a major milestone, according to its recent X post.

Following its announcement, the U.S.-based ETF issuer revealed that its suite of exchange-traded funds (ETFs) has surpassed a massive $500 million in combined assets under management (AUM), thanks to the recent launch of its Dogecoin and XRP ETFs.

The achievement marks a significant milestone for the firm, coming just months after REX-Osprey debuted its flagship ETF, $SSK, the first U.S. Solana staking ETF. Soon after, the firm expanded its offerings with three additional products tied to XRP, Dogecoin, and Ethereum.

Speculators note that the fund has continued to record strong daily inflows, largely driven by demand for the XRP and DOGE ETFs, which have collectively pushed its AUM volume to $500 million.

Just last month, REX-Osprey added $XRPR, the first U.S. spot DOGE ETF, and $ESK—the first U.S. ETH staking-focused ETF, expanding its lineup of crypto investment products.

Notably, these multiple offerings have allowed REX-Osprey to broaden investor access to both spot crypto exposure and staking strategies.

Crypto ETFs in spotlight as leveraged filings emerge

With REX-Osprey surpassing half a billion dollars in AUM, the milestone underscores rising investor demand for diversified crypto exposures that go beyond conventional investment products.

The milestone also coincides with Defiance ETFs’ decision to file for nearly 50 leveraged ETF products, including 3X exposure strategies tied to single stocks, other ETFs, and even crypto ETPs, according to a Bloomberg representative in a recent X post.

While these moves highlight growing interest and confidence in crypto ETFs, they also suggest that issuers are seeking alternative avenues for crypto exposure amid the ongoing government shutdown that has slowed ETF approvals.



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October 4, 2025 0 comments
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Stablecoin Market Cap Surpasses $300B Milestone For First Time
GameFi Guides

Stablecoin Market Cap Surpasses $300B Milestone For First Time

by admin October 3, 2025



While the crypto market is seeing renewed interest, the stablecoin market cap has achieved a major milestone of surpassing $300 billion in market capitalization. The number marks an all-time high for the sector, which is growing tremendously after the GENIUS Act in the U.S. was passed in July this year. 

According to data by DeFiLlama, the total value of all stablecoins now sits at $301 billion. This is a 1.84% increase from last week and a 6.5% increase from the last 30 days. 

Tether’s USDT has the crown to itself, with it having a dominant market share of 58% and a capitalization of $176.3 billion. Circle’s USDC, which has a 24.5% market share, comes in second with $74 billion. Following USDC is Ethena’s USDe with a capitalization of $14.8 billion and MakerDAO’s DAI with $5.0 billion capitalization at fourth position, respectively. 

The rising emergence of stablecoins 

There has been a surge in stablecoins over the past few months. A September research report by Citi Group forecasted that the global stablecoin market could be worth $4 trillion by 2030 in a best-case scenario and $1.9 trillion in a base case. 

According to Citi, stablecoins could handle up to $100 trillion in transactions each year. Its report says that this is a huge amount, but it’s still not as substantial as the trillions of dollars in transactions that the world’s biggest banks handle on a daily basis. The bank also warned investors that payments between countries take longer because many countries already have fast and cheap ways to pay each other. 

Also Read: Coinbase Re-Enters India with Early Access Amid Regulatory Shifts



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October 3, 2025 0 comments
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Decrypt logo
GameFi Guides

Researchers Build Microscopic Gears Powered by Light in Milestone for Nano-Scale Machines

by admin September 28, 2025



In brief

  • Scientists etched working gear trains on a chip, driven solely by photon momentum.
  • The devices could someday power microfluidic pumps, reconfigurable optics, and tiny surgical tools.
  • Efficiency remains extremely low, making the work an elegant proof-of-concept, not a product.

Researchers have built microscopic machines—complete with working gears, racks, and pinions—that run entirely on light.

The study, published recently in Nature, marks the first time engineers have assembled functional “gear trains” at micrometer scales, harnessing photons rather than motors or wires to drive motion.

If the technology matures, then its future could look surprisingly practical. Light-driven micromotors could pump reagents in postage-stamp-sized diagnostic labs, steer mirrors inside ultra-compact cameras, or open and close valves in drug-delivery implants—no batteries or wiring required.

In data centers, swarms of these gear systems might reconfigure optical circuits on the fly, helping direct laser signals between chips. And in biomedical research, tiny optomechanical arms could one day manipulate single cells or proteins with pinpoint control, performing tasks now reserved for bulky, expensive instruments.

Tiny gears, big ambitions

The achievement, led by a team of physicists and engineers using standard semiconductor fabrication tools, demonstrates a long-sought bridge between photonics and mechanics: miniature machines powered and controlled by beams of light.

Each “metamachine,” as the authors call them, is etched onto a chip using lithography similar to that used for computer chips. When illuminated, the patterned metasurfaces redirect photons in such a way that their momentum—tiny though it is—translates into torque, setting the gears spinning.

The devices aren’t merely rotating discs. They include entire assemblies of interconnected parts, like trains of gears that transmit force, and rack-and-pinion systems that convert rotation into linear motion. By changing the polarization of the light or tweaking the metasurface geometry, the researchers can reverse direction or modulate speed.

They even coupled these microscopic engines to mirrors, demonstrating how mechanical movement could alter optical signals on demand—a tantalizing glimpse at reconfigurable optical circuits.

Yet, as with many dazzling breakthroughs, the results come with caveats that cast them more as proof-of-concept than practical prototype. The conversion efficiency is vanishingly small, around one ten-trillionth of the light’s energy.



In other words, these machines operate—but barely. The torque they generate is minuscule, the rotations slow, and the operation precariously dependent on precise illumination and stable environments. Thermal effects from absorbed light can introduce drift or damage, and the machines themselves face the timeless foes of mechanics: friction, wear, and contamination.

From lab curiosity to future tools

Still, the demonstration matters. For decades, researchers have tried to integrate moving mechanical components with optical and electronic systems at micron scales, only to hit engineering dead ends. Electrical micro-actuators demand wiring and contacts that become unmanageable at such dimensions. Chemical and magnetic drives bring complexity and incompatibility with chip manufacturing.

Light offers a non-contact alternative—if it can be tamed to do useful work. By embedding optical metasurfaces directly into the gear structures, the team has shown that photons can indeed serve as a power source, however inefficient, for linked mechanical motion.

The potential applications are wide-ranging, if distant. In microfluidics, light-driven pumps or valves might one day move molecules without electrodes or tubing. In sensing and optics, miniature mirrors and shutters could dynamically steer or filter light, building blocks for agile photonic circuits.

Biologists dream of micromechanical tools that can operate inside cells or manipulate microscopic organisms without wires or magnets. Even fundamental science could benefit: arrays of these tiny gears could help researchers study friction, adhesion, and wear at scales where surface forces dominate.

How it works, in miniature

What makes the approach particularly appealing is its compatibility with established chipmaking processes. The metamachines are fabricated from common materials using lithographic steps already routine in semiconductor foundries. That means, in theory, entire fields of microdevices—optical, mechanical, or even biological—could someday incorporate these structures as easily as adding a new layer of circuitry.

But realizing that promise will require solving a formidable list of problems. Light is an elegant power source, but a weak one; each photon carries only a wisp of momentum. Scaling up output may demand lasers so intense they introduce destructive heating. The gears’ tiny teeth must mesh with atomic precision, making them vulnerable to defects and dust. And while the study shows operation over hours, questions linger about longevity, repeatability, and control in realistic environments.

For now, the metamachines are best viewed as exquisite demonstrations of what’s possible rather than as ready-to-use components. But in a field where progress has long been measured in nanometers, even small steps can feel revolutionary. The vision of microscopic factories, weaving motion from beams of light, remains distant—but suddenly, it’s no longer imaginary.

Generally Intelligent Newsletter

A weekly AI journey narrated by Gen, a generative AI model.



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September 28, 2025 0 comments
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Ethereum
Crypto Trends

Ethereum’s Next Milestone: November Fork Targets Scalability And Efficiency – Details

by admin September 28, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum’s roadmap continues to unfold with a pivotal fork set for November, aimed at boosting scalability and streamlining efficiency across the network. With scalability long viewed as ETH’s biggest hurdle, this fork represents a critical step toward unlocking its full potential as the world’s leading smart contract platform.

Why This Fork Matters For Ethereum’s Long-Term Roadmap

Leading smart contract platform, Ethereum, is set for another important milestone this November. Sequence has highlighted on X that the Fusaka upgrade is a foundational hard fork infrastructure designed to strengthen the Ethereum Virtual Machine (EVM) while ensuring seamless compatibility for builders. 

This upgrade is engineered to abstract the blockchain complexity and deliver smoother authentication and user flows across the blockchain ecosystem. The best part is that Sequence is already ahead of the curve by having the tools and infrastructure that prepare developers for Fusaka’s impact today.

While the Fusaka upgrade aims at strengthening the ETH ecosystem, Wendy J has noted that ETH has seen a notable price dip, as the SentientAGI GRID chat has flagged some activity behind the move. According to the AI platform, several 100,000 ETH transfers were recorded in the past 24 hours.

Interestingly, this kind of large-scale transfer suggests that major holders are likely either profit-taking after the run-up or repositioning their capital. Sentient Chat also listed other factors that could have contributed to the market-wide dump. 

Source: Chart from Wendy J on X

In the meantime, analyst Wendy advised the community to use Sentient Chat for any crypto-related questions. With Sentient Chat, you can instantly generate asset reports fueled by DeFi data, request trading insights tailored to current conditions, or even deploy autonomous agents to handle on-chain tasks in real time to enhance decision-making and yield optimization.

Why This Correction Looks Healthy, Not Critical

On the daily time frame, the recent correction in Ethereum has pushed the Relative Strength Index (RSI) into a critical oversold zone, a level we have not witnessed since the major accumulation phase back in July. BTCBlueWhale mentioned that there is nothing critical in this current correction.  Meanwhile, back in July, ETH showed the same setup, and the price dipped into oversold territory, which retested the previous resistance level, and used that structure as a springboard for a massive rally.

Currently, the daily chart is printing a very similar scenario with trading in a comparable accumulation zone and showing a clear resistance-to-support (R/S) flip, which is a classic sign of structure holding the price strong. Layering on top of that, the setup aligns almost perfectly with the PO3 strategy.

ETH trading at $4,003 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 28, 2025 0 comments
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'KPop Demon Hunters' Has Somehow Reached Yet Another Milestone
Product Reviews

‘KPop Demon Hunters’ Has Somehow Reached Yet Another Milestone

by admin September 25, 2025



The hype for KPop Demon Hunters only grows as its summer success blazes a trail into the fall and fans clamor for more.

The Sony Pictures Animation feature, which Netflix acquired for the platform, has hit another first, as it has moved into the top spot on Nielsen’s overall top 10 streaming chart, according to the Hollywood Reporter. The numbers don’t lie and if the rush to get out merch and costumes is any indication, the Netflix animated hit is truly this generation’s Frozen. “Golden” and “Soda Pop” are on constant rotation in my and my friends’ social media posts, at least so I can attest to that.

The Nielsen streaming charts are dominated by Netflix projects—including Wednesday season two, which previously held the overall top spot and had a lot of anticipation built around its return. But it’s truly powerful to note that Mira, Rumi, and Zoey join Wednesday Addams (Jenna Ortega) as the streamer’s most popular heroines. Demon boys and Hydes beware!

KPop Demon Hunters was released August 23, and it took over the number one spot in the last week of August. Its highest weekly viewing total sits at 1.12 billion minutes in the United States, easily beating out other mainstays such as Bluey and SpongeBob SquarePants.

This milestone also marks KPop Demon Hunters’ 11th week appearing in the Nielsen charts, topping its own record for original streaming film that it set the week prior.

As the holidays and award season start to kick up, fans really only have the movie to go to until retailers roll out more offerings for the surefire franchise hit in the making. You know there’s already clamoring for Halloween party screenings, New York Comic Con cosplay, and holiday fun that will see more Huntr/x and Saja Boys love, so these numbers are sure to continue to keep going up, up, up. It’s their moment.

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.



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September 25, 2025 0 comments
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Fg Nexus Hits 50,000 Eth Treasury Milestone, Shares Rise
GameFi Guides

FG Nexus Hits 50,000 ETH Treasury Milestone, Shares Rise

by admin September 24, 2025



FG Nexus has accumulated 50,000 Ethereum (ETH) for its corporate treasury, now valued at $210.1 million, following a strategic pivot announced in August. The firm disclosed the holdings on Tuesday, triggering a 4.5% surge in pre-market trading of its stock (FGNX). The average purchase price across all transactions stands at approximately $3,860, according to the company.

While this acquisition has placed FG Nexus in a strong position in the corporate Ethereum treasury race, it still trails Bitmine Immersion Technologies (BMNR), which holds over 2.4 million ETH—roughly 2% of the circulating supply. FG Nexus, meanwhile, is targeting a more aggressive 10% stake. Over the past week alone, it added 285 ETH to its reserves, citing Ethereum’s $4,200 market price at the time of purchase.

FGNX lags performance but intensifies ETH race

Despite Tuesday’s gains, FGNX shares remain down 68% year-to-date and 71% over the past 12 months. However, retail sentiment appears to be shifting. 

BMNR, led by Tom Lee, also saw pre-market gains of 2% and continues to draw interest with its Ethereum accumulation strategy. While Bitmine currently leads the supply race, FG Nexus’ latest move signals that the contest for ETH dominance among publicly traded firms may be far from over.

Also read: FG Nexus Becomes Major ETH Holder with 47,331 ETH



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September 24, 2025 0 comments
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Kart Rumble eyes $200k milestone as early momentum builds
GameFi Guides

Kart Rumble eyes $200k milestone as early momentum builds

by admin September 15, 2025



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Kart Rumble is blending meme culture, adaptive AI gameplay, and blockchain ownership to reshape the web3 gaming and presale landscape.

Summary

  • Kart Rumble is a web3 racing game with meme characters like Doge, Shiba, and Pepe.
  • Built on Polygon with plans to move to Supernets, it integrates NFTs for racers, karts, and tracks with full marketplace trading.
  • The presale has already raised over $100,000, supported by an affiliate program that offers high rewards for community growth.

As the crypto market gains momentum heading into 2025, there’s a new wave of projects focusing on usability, entertainment, and long-term community growth. 

Among these emerging players is Kart Rumble (RBT), a web3 racing game that combines meme culture with dynamic AI gameplay and an organized presale approach catching the eye of investors.

Rethinking memecoins through gameplay

For a long time, meme tokens have relied on virality and community energy. This is where Kart Rumble takes that same foundation and layers it with a functional product, a playable kart racing game featuring the most recognized meme characters in crypto today, including Doge, Shiba, Pepe, Floki, and DogWithHat.

But this is no traditonal play-to-earn path, Kart Rumble is focused on delivering a player challenge experience powered by the inhouse Rumble AI, the project’s proprietary adaptive AI engine. 

Based on the players skill base and behavior Rumble AI will adjust difficulty in real time offering a more dynamic and skill-based experience than typical arcade games.

Built on Polygon, with a clear upgrade path

RBT is currently being developed on the Polygon blockchain, with plans to transition to Polygon Supernets as soon as user demand scales. This gives Kart Rumble the benefits of low-cost, high-speed transactions while offering the flexibility to evolve its infrastructure over time.

Kart Rumble also integrates on chain elements like:

  • NFTs for racers, karts, and tracks
  • A hybrid model that combines blockchain ownership with off-chain game performance
  • Players can trade, buy, or sell on the marketplace items tied to their progress in-game

Interested investors can buy RBT today.

Strong early traction in presale

Kart Rumble is currently in a Multistage presale structure, with each stage offering a different price point. This is designed to reward early adopters with better entry prices, while providing a clear and transparent model as the community continues to grow.

Without major influencers or viral campaigns, Kart Rumble quietly surpassed $100,000 raised in the first 7 days. Momentum has continued to build, with investors sharing the project organically across Telegram, Discord, and all social platforms.

Affiliate-driven growth model

Kart Rumbles’ unique affiliate system has taken the community by storm, showing a new way of customer acquisition. Participants can earn up to 50% commission on referred token sales. The top-performing affiliates are eligible for real-world rewards, including high-end prizes like a luxury car, a premium watch, and a $50,000 cash bonus.

This model not only supports project growth, but also encourages community members to play an active role in its expansion and  a structure that could prove sustainable if scaled carefully.

Looking ahead: Roadmap and development plans

According to the team’s published roadmap, Kart Rumble is aiming to:

  • Transition its engine from Unity to Unreal Engine for enhanced visuals
  • Add multiplayer functionality post-launch
  • Develop user-generated track features similar to sandbox-style games
  • Introduce monetization via sponsorships, tournaments, and creative collaborations

There is also interest in offering Rumble AI as a standalone product, potentially licensing it to other games or simulations in the future.

Final thoughts

Kart Rumble is taking a grounded approach, while most crypto projects promise innovation with all smoke and no fire. The project starts with a playable demo coming soon and clear tokenomics, with a transparent presale model. It remains early in its journey, however, the combination of Rumble AI-driven gameplay, meme familiarity, and community-centric incentives makes it one of the more unique launches this year.

Those interested in learning more can explore the project at KartRumble.io.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.



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September 15, 2025 0 comments
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Pi Network reaches milestone with version 20 upgrade
GameFi Guides

Pi Network reaches milestone with version 20 upgrade

by admin September 15, 2025



Pi Network recently upgraded their blockchain protocol to a new version that is currently running on a testnet. The process is expected to gradually progress from 20 to 23 in the next few phases.

Summary

  • Pi Network upgraded from version 19 to 20, beginning the start of an evolution that will take it to version 23.
  • Pi coin experienced a boost fueled by the blockchain upgrade, jumping as high as 10%. Though, it has failed to hold up any higher than its previous peak.

According to Pi Network advocate Dr Altcoin on X, the upgrade started for the blockchain sometime in mid-September, with many other users witnessing the change in protocol version. This September, the blockchain was upgraded from version 19 to version 20.

“This process is expected to be a gradual upgrade leading up to version 23,” said Dr Altcoin in a post that tagged the Pi account and its founders.

Although the upgrade from 19 to 20 was not officially highlighted by the Pi Core team on social media, many traders noticed. In fact, it was able to catapult the price of Pi coin (PI) by as high as 10% on the day the upgrade was made.

In a short video posted on the account’s YouTube channel much earlier on September 5, the protocol informed the community that it will be preparing to upgrade its protocol from version 19 to version 23. The upgrade will occur in phases which may require occasional system outages that will be announced ahead of time.

According to the video, the new version is meant to be a custom Pi protocol built on a base, pulling upgrades from Stellar protocol version 23 that would enable new layers of functionality and control for users of the blockchain.

In addition, the protocol upgrades will enable new functionalities including embedding Know-Your-Customer authority in the protocol, which will maintain Pi as a KYC verified blockchain while offering a more distributed community driven KYC process at the protocol level.

The protocol dubs this new process as “the decentralization of KYC authority.”

“While the native Pi KYC solutions continue to verify Pioneers, the protocol will allow KYC authorities to be assigned to other trusted entities in the future,” wrote the Pi Network in its video.

So far, the protocol has garnered massive attention from the crypto community for its peer-to-peer system. It claims to have accumulated over 14.28 million migrated KYC verified users on its platform.

Pi Network price analysis

The price of Pi Network’s token recently experienced a major breakout after phasing out of its consolidation phase. For several days, PI was trading in a tight sideways range around the $0.345 level, showing little volatility.

On September 12th, when the upgrade to version 20 was realized, momentum shifted as a sharp rally pushed prices nearly 10% higher, from around $0.345 to a peak near $0.380. However, the bullish momentum was short-lived. After hitting $0.380, sellers drove the price back down to the $0.347 level.

Price chart for Pi Network’s token, the Pi Coin | Source: TradingView

The retracement shows that the market lacked enough follow-up buying pressure to sustain the breakout, and many traders likely took profits after the upgrade-fuelled pump. The RSI confirms this shift, as it dropped from overbought conditions above 70 back into bearish territory below 40, indicating weakening momentum.

At press time, PI is trading at just above the previous consolidation floor around $0.348, which now acts as immediate support. If the price fails to hold up, Pi coin could fall back into the $0.340 to 0.335 zone, where buyers previously defended.



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September 15, 2025 0 comments
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Ethereum
NFT Gaming

BitMine’s Ethereum Holdings Hits New Milestone With 2M ETH

by admin September 9, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

BitMine revealed it has increased its Ethereum (ETH) holdings to 2 million ETH over the past few days, achieving a key milestone for the company’s investment strategy and solidifying its position as the largest ETH Treasury in the world.

1.7% Of Ethereum’s Supply In BitMine’s Treasury

On Monday, BitMine, a Bitcoin and Ethereum Network Company with a focus on accumulating crypto for long-term investment, announced that it has achieved a significant milestone as its crypto and cash holdings have exceeded the $9.21 billion mark following recent purchases.

According to the announcement, the company now holds 2,069,443 ETH at $4,312, 192 Bitcoin (BTC), and unencumbered cash worth $266 million. This achievement is part of the company’s goal to hold 5% of Ethereum’s total supply, now controlling 1.71%, worth $8.5 billion.

BitMine’s chairman, Thomas “Tom” Lee, stated, “BitMine has surpassed the 2 million ETH milestone this past week. As we mentioned in our August Chairman’s message, the convergence of both Wall Street moving onto the blockchain and AI/ agentic-AI creating a token economy is creating a supercycle for Ethereum. And the power law benefits large holders of ETH, hence, we pursue the ‘alchemy of 5%’ of ETH.”

“At BitMine, we are leading our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock,” Lee added. It’s worth noting that the company became the third-largest crypto treasury and the largest Ethereum Treasury in the world after hitting the 1.15 million ETH milestone just last month.

Since then, the company has continued to accumulate nearly another million ETH and has become the second-largest crypto treasury, now only behind Michael Saylor’s Strategy, which holds 636,505 Bitcoin, worth $71 billion at current prices.

“We continue to believe Ethereum is one of the biggest macro trades over the next 10-15 years,” continued Lee in the announcement. “Wall Street and AI moving onto the blockchain should lead to a greater transformation of today’s financial system. And the majority of this is taking place on Ethereum.”

Strengthening ETH’s Ecosystem

BitMine also revealed it has made a $20 million strategic investment into Eightco Holdings Inc. (NASDAQ: OCTO) as part of OCTO’s $270 million private investment in public equity (PIPE). On September 8, Eightco announced it plans to adopt Worldcoin (WLD), an ERC20 asset, as its primary treasury holding.

Notably, the strategic investment marks the start of the company’s “Moonshot” strategy, which aims to allocate around 1% of BitMine’s balance sheet into projects to strengthen the Ethereum ecosystem and create value for BitMine equity shareholders.

According to the statement, BitMine is now one of the most widely traded stocks in the US, with an average daily volume of $1.7 billion, according to 5-day average data from Fundstrat.

The company’s stock has also been favored by international retail investors over the past few months, with hundreds of millions of dollars being poured into BitMine, which is seen as a proxy for Ethereum.

As reported by Bitcoinist, South Korean investors purchased $259 million worth of Bitmine stock in July, amid a shift from big US Tech companies’ stock to crypto-related equities. This made the company the most purchased foreign security stock, according to Korea Securities Depository data. The trend continued in August as South Korean individual investors sold approximately $657 million of Tesla stock while investing $426 million into BitMine.

Ethereum trades at $4,329 in the one-week chart. Source: ETHUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 9, 2025 0 comments
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