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CryptoProcessing by CoinsPaid scales payments with new layer-2 integrations: Arbitrum + Base

CryptoProcessing by CoinsPaid scales payments with new layer-2 integrations: Arbitrum + Base

The post CryptoProcessing by CoinsPaid scales payments with new layer-2 integrations: Arbitrum + Base appeared on BitcoinEthereumNews.com. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. CryptoProcessing by CoinsPaid has added support for Arbitrum and Base, enabling faster, cheaper, and more efficient crypto payments for merchants. CryptoProcessing by CoinsPaid, one of the world’s leading crypto payment gateways, has integrated Arbitrum and Base, two of the most advanced Layer 2 blockchains, to bring faster, cheaper, and smoother transactions to its users. The integration adds support for ETH (Ethereum) and USDC (USD Coin) on both networks, giving merchants access to instant payments with dramatically lower fees, all while maintaining Ethereum-level security. “Adding support for Arbitrum and Base marks an important milestone in our mission to make crypto payments frictionless at scale,” says Aliaksei Tulia, CTO of CoinsPaid. “Arbitrum and Base allow our partners to benefit from instant transactions, lower costs, and seamless scalability, essential for businesses operating in high-volume or global environments. Our goal is to ensure that crypto payments are not only secure but commercially viable and frictionless at scale.” Layer 2 blockchains are designed as scalability solutions built atop Layer 1 networks like Ethereum. They significantly improve transaction throughput and reduce costs while retaining the underlying security of the Ethereum mainnet. By integrating Arbitrum and Base, CryptoProcessing by CoinsPaid takes a strategic step toward faster, cheaper, and more user-friendly crypto payments. Arbitrum leverages optimistic rollup technology to dramatically increase transaction speed and lower gas fees. This solution ensures scalability without compromising Ethereum’s renowned security or smart contract compatibility. Base is a secure, Ethereum-compatible Layer 2 blockchain that enables faster and more affordable transactions. Designed to make decentralized applications (dApps) more accessible, Base combines Ethereum’s robust foundation with user-friendly scalability. The integration of Arbitrum and Base brings tangible benefits to CryptoProcessing by CoinsPaid merchants: Faster settlements: near-instant payment…
BitMine now holds 3.726M ETH worth $10.5B, aiming for 5% of ETH supply amid a 31% drawdown.

BitMine now holds 3.726M ETH worth $10.5B, aiming for 5% of ETH supply amid a 31% drawdown.

The post BitMine now holds 3.726M ETH worth $10.5B, aiming for 5% of ETH supply amid a 31% drawdown. appeared on BitcoinEthereumNews.com. Key Insights: BitMine adds $70M in ETH, pushing holdings to 3.726M coins worth over $10.5 billion. Company faces 31% drawdown, but continues buying with goal of 5% Ethereum supply ownership. Tom Lee shifts Bitcoin ATH forecast to January as institutional crypto interest remains strong. BitMine Buys 70 Million in ETH as Firm Aims to Hold Five Percent of Supply BitMine has added over $70 million worth of ETH to its growing digital asset treasury. The company continues to accumulate ETH as it works toward its stated goal of owning five percent of the total supply. Major ETH Purchase Adds to Existing Holdings According to Lookonchain data, BitMine bought 7,080 ETH on Monday and 16,693 ETH on Saturday. These purchases total approximately $70 million and were made during a period of increased institutional activity in the crypto market. BitMine’s new purchase aligns with a large investment firm that added 96,800 ETH to its holdings, suggesting continued interest from large-scale investors. BitMine has publicly stated its goal of holding 5% of total supply. With the new purchases, it is now 62% of the way there. BitMine Buys 70 Million in ETH as Firm Aims to Hold Five Percent of Supply 3 These new acquisitions bring BitMine’s total ETH holdings to 3.726 million, valued at around $10.5 billion based on current market prices. Ethereum is trading at $2,829.63 as of press time, with a 24-hour trading volume of over $25.6 billion. Firm Continues to Accumulate Despite Unrealized Drawdown Meanwhile, according to market analyst MerlijnTrader, BitMine has become one of the largest holders, with a reported 3.726 million ETH currently valued at approximately $10.5 billion. The analyst noted that the company’s average acquisition cost is $3,960 per ETH. This places its position at an estimated 31% unrealized drawdown based on the live price of…
ETF Outflows Hit $79M Amid Accumulation

ETF Outflows Hit $79M Amid Accumulation

The post ETF Outflows Hit $79M Amid Accumulation appeared on BitcoinEthereumNews.com. The Ethereum price moves through an important phase as December begins, with market conditions shifting around key technical zones. The current framework creates a narrow band that determines the short-term orientation and maintains Ethereum near the levels that tend to cause significant responses.  Besides, ETF outflows have risen this week and generated new movement around key levels and large players accumulated. Another layer of influence is that Ethereum is also nearing the Fusaka upgrade on 3rd December, another sensitive period. Ethereum Price Tests a Crucial Rebound Point The Ethereum price holds firm near the demand zone marked on the chart. This area has won a number of responses among customers and formed the basis of recent stabilization. The ETH value trades at $2,807 as buyers defend this area with steady engagement. A clean double-bottom formed around $2,723. That trend tends to favor early recoveries as it is highly rejective of lower lows. Customers rushed in and this boosted confidence within the zone. The upper wall of the descending channel was also retested by Price after breaking out. The strength was confirmed by the retest which indicated the breakout with a clean reaction. This is the very behavior sought by many traders since it brings about structure and clarity. The immediate outlook indicates a rush to $3,080 in case of continued pressure by buyers. The next stage is a secondary move towards $3,629. The larger estimate already indicates a figure of $3,915 after every resistance is broken. In general, the structure is biased towards a rebound if buyers maintain presence around these key levels. Ultimately, each reaction now shapes the coming trend. ETH/USD 4-Hour Chart (Source: TradingView) Indicators Signal a Growing Shift for Ethereum RSI sit around 33, approaching the oversold region. This tier usually draws new attention since buyers are…