Today’s Insider ⬇️
📈 Buy The Dip: Bitmine acquires 128,718 ETH amid market correction
🚀 Crypto Market Expansion: HSBC expands blockchain treasury service to Singapore with Ant International
🤝 Bitcoin Express: Coinbase to unveil Amex card tailored for Bitcoin users
Market Update
Market | Value | Day PnL | YTD |
Bitcoin | $114,352 | +2.58% | +81% |
Ethereum | $4,136 | +9.58% | +67% |
Solana | $195 | +9% | +33.% |
XRP | $2.53 | +9% | +371% |
S&P 500 | $6,636 | -1.38% | +13.05% |
Gold | $4,000 | +0.65% | +52.49% |
1. Bitmine Boosts ETH Holdings to 2.5% of Total Supply Amid Flash Crash
Buy the dip? Bitmine Immersion Technologies acquired 128,718 ETH, worth approximately $480 million, during October's crypto flash crash, increasing its holdings to 2.96 million ETH, which is nearly 2.5% of Ethereum's total supply.
🔎 Insider Insight: Bitmine’s aggressive dip-buying amid market chaos highlights institutional confidence in Ethereum's long-term value. Their strategy of accumulating at low prices and leveraging ETH for staking underscores a commitment to maximizing returns during volatility.
Top Crypto Insider Pick of 2025
BlockchainFX Is Redefining Crypto Trading with Innovation and Growth Potential
In a crowded presale market, BlockchainFX (BFX) has emerged as a standout project, capturing attention with its unified trading platform tailored for everyday traders. The platform is designed to simplify and enhance trading experiences, allowing users to trade all types of assets, including crypto, Forex, commodities, indices, and stocks.
This innovative approach has resonated strongly with investors, as evidenced by its presale success, raising nearly $10 million in soft capital. Meanwhile, what truly sets BlockchainFX apart is its ascending pricing model for the BFX token during the presale.
With each phase, the token price increases, rewarding early investors with significant discounts and incentivizing swift participation. This strategy not only reflects confidence in the project’s value but also positions BlockchainFX as a forward-thinking platform capable of driving sustainable growth in the competitive crypto landscape.
💡 Pro Tip: With nearly $10 million in soft capital, BlockchainFX is proving its strong market appeal. At a presale price of $0.027, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token but rather a practical tool for modern traders.
2. HSBC Launches 24/7 Blockchain Tokenized Deposit Service in Singapore
Market expansion: HSBC has expanded its blockchain-based Tokenized Deposit Service to Singapore, enabling 24/7 real-time cross-border SGD and USD payments for corporate clients like Ant International.
🔎 Insider Insight: HSBC’s rollout of tokenized deposits underscores growing institutional adoption of blockchain in treasury operations. By combining blockchain benefits with traditional deposit protections, HSBC bridges the gap between innovation and regulatory compliance, setting the stage for broader corporate adoption.
What is the total maximum supply of Bitcoin?
3. Coinbase and Amex Unveil Bitcoin-Themed Credit Card for BTC Enthusiasts
Bitcoin express! Coinbase is launching a Bitcoin-themed American Express credit card this fall, designed to celebrate Bitcoin’s origins and cater specifically to Bitcoin enthusiasts.
🔎 Insider Insight: Coinbase’s partnership with American Express highlights a strategic move to deepen engagement with Bitcoin purists. The card’s unique focus on Bitcoin culture aligns with the growing mainstream adoption and institutional interest in BTC.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
