Ethereum (ETH) trades near $2,500 on Monday following the announcement by crypto mining company BitMine that it will launch an ETH treasury strategy using the net proceeds of its recent $250 million private placement.
Bitcoin (BTC) price extends gains above $106,000 at the time of writing on Wednesday, having risen 5% over the previous two days.
Bitcoin (BTC) price rebounds slightly, trading around $102,000 at the time of writing on Monday after dipping to $98,200 the previous day. Institutional investors further supported the price recovery as MetaPlanet added 1,111 BTC to its treasury reserve.