BitMine Immersion Technologies, the Ether treasury company backed by Fundstrat’s Tom Lee, expanded its ETH holdings for a second straight week, purchasing an additional 101,901 ETH last week. The new addition lifts BitMine’s ETH stash to roughly 5.08 million and pushes its overall crypto-and-cash reserves to about $13.3 billion, according to market tracking and disclosures cited by industry observers. The ongoing accumulation comes even as the firm sits on sizable unrealized losses tied to its ETH tranche, highlighting the risk-reward calculus involved in large-scale crypto treasury management during periods of elevated volatility. The latest buy follows an earlier move of 101,627 ETH a week prior, which Cointelegraph described as the largest accumulation by BitMine since December 2025. That earlier purchase was noted by Cointelegraph as a notable uptick in sustained treasury buying during a period of price fluctuations for Ether. In addition to the hard-layer exposure, BitMine’s publi...

Israel’s Capital Market, Insurance and Savings Authority has approved Bits of Gold’s BILS, a stablecoin pegged to the Israeli shekel, following a two-year pilot on the Solana blockchain. The development marks a regulatory milestone for Israel’s crypto sector, signaling a move to integrate stablecoin activity within a regulated domestic financial framework and aligning with broader efforts by the Tax Authority and Finance Ministry to oversee digital assets. According to the regulator’s announcement, BILS will be backed by reserve assets held in Israel in designated and separate accounts. The project sits within a wider government initiative to regulate crypto activity and pave the way for select stablecoin operations within the country’s financial system. “BILS creates a direct bridge between the Israeli shekel and the global digital assets economy, enabling real-time payments, on-chain trading and programmable financial applications based on a regulated local currency,” stated Bits of ...

Tether has rolled out an open-source development framework for Bitcoin mining, aiming to give operators and developers a unified control layer over both hardware and software across multiple mining sites. The company described the framework as a modular, scalable option designed to move mining operations away from fragmented, vendor-locked toolsets toward a cohesive stack that can monitor devices, automate workflows and host custom applications from a single interface. Dubbed a development framework, the kit blends a backend software development kit with user interface tools to enable cross-site oversight. Its architecture exposes standardized functions from mining hardware, allowing independent modules to be added without rewriting the core system. Tether said the design supports a wide range of machines, services and locations, enabling operators to tailor dashboards and automation while preserving a common control layer. Compatibility spans Windows, macOS and Linux, and the framewor...

Canada is moving closer to blocking political donations in cryptocurrency, as Ottawa tightens the rules governing how money can flow into elections. Bill C-25, the Strong and Free Elections Act, passed a second reading in the House of Commons on Friday, signaling cross-party support to advance the measure and send it to committee for detailed scrutiny and potential amendments. The legislation would prohibit political parties and candidates from accepting cryptocurrency contributions, addressing what regulators view as a gap in campaign-finance rules. Introduced on March 26, the bill forms part of a wider reform agenda intended to strengthen transparency, bolster enforcement, and reduce the risk of foreign interference in Canadian elections. According to Cointelegraph, crypto donations became a focal point due to concerns over traceability and compliance with existing limits. While the bill is not solely focused on digital assets, it explicitly includes crypto within its restrictions o...

Tennessee Governor Bill Lee signed into law a bill that effectively curtails the deployment of cryptocurrency kiosks and ATMs in the state, setting a rapid compliance timeline for operators. House Bill 2505, enacted on April 13, reclassifies the installation of a crypto kiosk as a Class A misdemeanor beginning July 1, exposing operators and hosting venues to penalties of up to 11 months and 29 days in jail and a $2,500 fine for violations. Industry data show Tennessee is home to more than 570 crypto kiosks and ATMs, with operators including Bitcoin Depot and CoinFlip active in the state. Market data reflected the regulatory development, as Bitcoin Depot’s Nasdaq-traded shares closed down roughly 6.9% on Monday, per Yahoo Finance, underscoring investor sensitivity to policy shifts affecting the on‑ramp sector. The Tennessee measure sits within a broader pattern of state‑level actions aimed at crypto kiosks, particularly after episodes in which residents reported scams and other illicit ...

Ripple Advances Cross-Border Payment Testing Ripple has strengthened its presence in Asia through a fresh collaboration with K-Bank in South Korea. The agreement focuses on testing blockchain-based remittance systems between multiple financial networks. This initiative reflects a broader push toward faster and more transparent global payments. XRP Gains Utility Through Institutional Use Cases The partnership highlights growing institutional interest in XRP as a bridge asset for cross-border settlements. Ripple's payment network often uses XRP to facilitate liquidity between different fiat currencies. Therefore, this collaboration strengthens its relevance in real-world financial applications. The remittance tests will cover corridors such as the United Arab Emirates and Thailand. These regions provide active payment routes with strong demand for efficient cross-border transfers. As a result, the pilot program targets meaningful transaction flows instead of isolated testing scenario...

Investigate XRP, Solana, and Hedera as three top altcoins that possess great fundamentals and have massive upside potential going into 2026. Key Insights XRP strives to remain at the forefront of global low-cost and fast payment options. Solana has a great chance of becoming a prominent player in Web3 thanks to its advanced tech. The Hedera Hashgraph protocol has enterprise-grade capabilities and applications. Ripple (XRP) Changing the Way Global Payments Are Made In 2012, Ripple Labs launched the XRP currency to optimize global payments by removing inefficiencies found in the banking industry. While traditional finance systems depend on intermediary financial services, Ripple’s technology facilitates direct peer-to-peer transactions, which drastically reduces costs and speeds up processes. Transactions within the XRP Ledger occur almost instantaneously, with the transaction fee usually amounting to only fractions of cents. This makes XRP highly beneficial for cross-border rem...