-

On Wednesday, June 10, the US inflation reading is either a floor or a trapdoor for Bitcoin and gold investors.

+

Bitmine, the world's largest Ethereum treasury, has ramped up its ETH buying during the latest crypto market correction, making the company's largest purchase of 2026 to date. Related Reading: Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There's No Need To Panic Bitmine Doubles Down On Ethereum On Monday, Bitmine Immersion Technologies announced it had bought over 126,971 ETH, worth roughly $214 million, during last week's dip, marking the treasury's largest purchase so far this year.

+

The company now owns about 5.5 million ETH!

+

Despite the Bitcoin crash to $59,000 triggering extreme fear across the crypto market, not everyone is worried about the move. For some, this move was expected and means that the cryptocurrency's price is actually going according to plan.