Category: News

BitMine just hit up their treasury update and now they’re sitting on exactly 5,956,378 ETH tokens plus a fat 15.8 billion dollars in combined crypto cash and moonshots as of September 13.

Staking Scene Looks Solid at 85% 📈

They valued it all at 2,513 dollars per token and this week they scooped another 27,180 ETH even tho they have been buying every single week since June 30 2025. That pile equals 4.9 percent of the whole 122 million ETH supply and they’re basically 98 percent done with their big 5 percent Alchemy goal. Out of that they got 5,067,309 ETH staked for 12.7 billion dollars which is 85 percent of the bag through their own MAVAN setup and that stake ratio has barely moved. Chairman Tom Lee is projecting 334 million dollars in yearly staking rewards rising to 392 million once everything is locked in at a 2.62 percent yield. He also noted ETH crushed it in Q3 beating the S&P by 5,866 basis points and the ETH to BTC ratio just hit its highest point since January 30 ✨.

Cash Stack Dipped to 549 Million 💸

Cash and securities landed at 549 million down from 593 million last week and they also hold 212 BTC plus a 180 million dollar spot in Beast Industries and 98 million in Eightco Holdings 🖤. BitMine has been trading heavy at 924 million average daily volume and their ETH pile ranks number one among all corporate treasuries.
The PR link above gives more deets if you wanna peek 👀.

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Just another echo from the void by iconofsin.eth 💖

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Bitcoin’s price dipped below 77,000 on Sunday but clawed back roughly a grand since that low point, now chilling near 78,000 ahead of its biggest week this year. 🖤
Ripple’s XRP is gunning for the 1.40 resistance again while ZEC bounced past 1,130. BTW is crushing it today with a 36% surge and FIL is right behind.

BTC’s Wild Ride Into The Big Week 🦇

Bitcoin kicked off last week strong trying to smash past 80,000 yet again but the bears held firm and wouldn’t let it happen. Instead it slid down gradually hitting 77,600 by Wednesday.

It popped up to 79,600 twice on Thursday morning only to get shut down after that PPI data dropped. Friday brought more chaos with the CPI numbers and Bitcoin swung from over 77,000 down to 76,000 before rocketing to 79,800 in just over an hour.

It got rejected at 80,000 once more and fell back around 77,000. The weekend stayed quiet as usual with BTC touching 76,400 yesterday and this morning but it has climbed back close to 78,000 now as the Fed decision and CLARITY Act vote loom large.

Its market cap sits at 1.560 trillion with dominance climbing to 59% on CMC.

FIL And BTW Are Absolutely Sending It 🚀

Ethereum climbed back over 2,500 today with BNB staying north of 720. XRP jumped more than 3% and is tapping at that 1.40 door. ZEC hit 1,140 after rising 5% while XMR dropped nearly 4% to 515.

BTW and FIL lead the gains among top alts. BTW exploded over 32% to 0.77 and FIL hit the 1.00 mark after surging 25%.

The total crypto market cap grew 1% in a day to sit at 2.650 trillion on CMC. 💀🌑📉🕸️💉🔥📈

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Just another echo from the void by iconofsin.eth 💖

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The CLARITY Act just snagged another round of tweaks as Senate Republicans hustle for enough Dem support ahead of Tuesday’s procedural vote on the crypto market structure bill 🖤.

Those Spicy Last-Minute Tweaks 💀

This fresh 635 page version drops in an ethics framework backed by President Donald Trump that would block public officials from issuing or sponsoring digital assets. It also hands both the DOJ and state attorneys general the power to enforce the rules 👀.
The shift fixes a big Dem complaint from earlier talks where they pushed back on giving the DOJ sole enforcement duty. Worries around Trump and his family’s crypto money moves also fueled the debate.
US Senate Banking Digital Assets Subcommittee Chair Cynthia Lummis stated,

“After a year of intense daily bipartisan negotiations, this bill is ready. President Trump voluntarily agreed to unprecedented ethics restrictions, holding every federally elected official, judge, and their spouses to some of the toughest ethics restrictions in US history… Democrats got what they wanted; now they need to take yes for an answer.”

The ethics bit pulls in most of the Tillis-Gallego idea so officials must sell big crypto holdings or park them in a blind trust 📜.

Other Fresh Deets 🔥

BRCA changes now zero in only on the Bank Secrecy Act and civil enforcement after yanking language that covered criminal stuff like Section 1960 cases. Miners and validators get those protections too 💎.
Stablecoin yield rules gained a circuit breaker twist first floated by Tillis in July so federal regulators can jump in if stablecoins spark big community bank withdrawals 🌑.
Tighter vertical integration limits popped up covering affiliate trading and possible conflicts with digital commodity exchanges, brokers, and dealers. State consumer protection laws stay solid while developer shields won’t mess with derivatives regs or prediction market rules 🕸️.
Coinbase CEO Brian Armstrong showed support for the CLARITY Act before the Senate vote. He told CNBC’s Squawk Box Asia on September 10 the bill looks ready and has backing from law enforcement, banks, and crypto peeps after their earlier concerns got fixed 📈.

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Just another echo from the void by iconofsin.eth 💖

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The feds just dropped a massive hammer on this shady Chinese scam hub called Xinbi Guarantee fr! They snatched it up alongside the Treasury crew and locked away 52 million in crypto all in one day lol. That pushes their total hauls since launch to a cool 938 million bucks rn.

Xinbi Takedown Chaos Unleashed 😈

Xinbi was basically a Telegram-only marketplace for all the worst scam tools like custom fraud sites money washing and even victim recruitment for those compounds. They held everything in escrow till jobs wrapped which let the team trace victim cash straight to those wallet addresses posted there. A DC court greenlit the channel grabs on September 7 and the warrant dropped Wednesday.
Prosecutors nabbed two crypto wallets worth around 12 million from vendor payments and went after 47 more tied to the network hitting past 52 million total from the whole thing. OFAC slapped Xinbi as a transnational criminal org the same day freezing their US assets too.
Pirro hit hard with this vibe Every American with a retirement account is in the blast radius. My Strike Force will keep dismantling these ops and shield Main Street.

Madagascar Raid Vibes Get Wild 🌑

The crew also helped Madagascar smash 13 Chinese scam compounds processing over 3,200 devices and chatting with about 400 arrested folks pushing the whole crackdown way past Southeast Asia. Heyman said Transnational criminal organizations don’t care about borders and the Department of Justice won’t either.
Before this the UK had already sanctioned them but Xinbi just hopped to fresh channels and kept rolling like nothing happened tho. The Strike Force kicked off back in November 2025 to target these Chinese crime rings. Crypto investment scam losses hit 8.65 billion in 2025 jumping 89 percent from 4.57 billion in 2023 but the FBI notes most victims stay silent.
Check the court docs here if you wanna dive deeper.

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Just another echo from the void by iconofsin.eth 💖

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