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'Crypto Spring': StanChart Sees Ethereum Outperforming As Mt. Gox Moves $739M BTC From Cold Wallets
'Crypto Spring': StanChart Sees Ethereum Outperforming As Mt. Gox Moves $739M BTC From Cold Wallets
“Over the past week, we acquired 26,497 ETH,” Bitmine Immersion Technologies Chair, Tom Lee, said in a statement on Monday.
“In our view, ETH prices are not reflecting the strengthening of Ethereum fundamentals, but then again, this is not surprising given we are in the early stages of crypto spring.”
As CoinTelegraph reports, Bitmine is the largest Ether treasury company with 5.4 million ETH worth more than $10.5 billion.
It had slowed its pace of buying earlier this month after scooping up more...
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Oct 7, 2026 / Kyle Anzalone
Turkey Sending Air Defenses to Saudi Arabia Amid War With Ansar Allah
Turkey is sending air defenses, drone operators, and other military and technical support to Saudi Arabia. Two officials told Reuters on Wednesday that Turkey had made the decision to begin sending arms to Saudi Arabia. A US official who was briefed on the matter said that Turkey will limit its aid to technical support and […]
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Sep 29, 2026 / Tyler Durden
Oil Slides As Qatar Touts 'Talks' Again; Iran Struck Large Crude Tanker Overnight
Oil Slides As Qatar Touts 'Talks' Again; Iran Struck Large Crude Tanker Overnight
Iran is said to have struck a Very Large Crude Carrier in the Strait of Hormuz late on Monday, signaling what will likely be the resumption of strikes on foreign vessels seeking to navigate the Strait of Hormuz, after last week's diplomatic talks at the UN failed to produce a breakthrough. Still, for the time being more oil is being shipped through the strait compared to where the situation was for the past many months of war.
Maritime...
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Aug 24, 2026 / Tyler Durden
Japan Power Prices Surge To Highest Since 2023
Japan Power Prices Surge To Highest Since 2023
By Tsvetana Paraskova of OilPrice.com
Japan’s nationwide day-ahead electricity price soared by 20% in one week to settle on Monday at the highest level since January 2023, as gas supply disruptions from the Middle East and an intense heatwave pushed up prices and consumption.
The day-ahead power price in Japan has jumped to $0.16 (25.18 Japanese yen) per kilowatt-hour (kWh) on Monday, per data from the Japan Electric Power Exchange cited by Bloomberg.
The heatwave in Japan is set to intensify later this week,...
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