Bitmine's significant ETH purchase highlights potential market influence, yet broader institutional support or tech advancements are needed for price impact. Bitmine buys 45,000 ETH for $95.3M, holding 4.1% of total supply.
Block is now offering 5% Bitcoin cash back at Square merchants — a detail that quietly underscores just how far Jack Dorsey's payments company has gone in tying its business to Bitcoin.