Bitmine Immersion Technologies has revealed its combined crypto holdings, cash, and strategic investments total approximately $13.2 billion. The company now holds 4.07 million ETH, representing 3.37% of Ethereum’s circulating supply, after adding nearly 100,000 ETH last week. This positions Bitmine as the world’s largest Ethereum treasury and second-largest global crypto treasury overall, marking a significant milestone in institutional crypto adoption.
about Bitmine Holds $13.2B in Crypto, Becomes Largest ETH TreasuryOCC Finds Major Banks Restrict Crypto Firms in ‘Operation Choke Point 2.0’ Probe
A preliminary investigation by the Office of the Comptroller of the Currency has uncovered that nine of the nation’s largest banks systematically restricted or denied services to entire lawful industries—including cryptocurrency firms—based on their business type rather than legitimate financial risk. The findings have reignited fears of a coordinated regulatory campaign dubbed “Operation Choke Point 2.0,” with Comptroller Jonathan V. Gould vowing to end efforts that “weaponize finance” as thousands of related complaints remain under review.
about OCC Finds Major Banks Restrict Crypto Firms in 'Operation Choke Point 2.0' ProbeRipple-SWIFT Dual System Theory: Path to $1,000 XRP?
Prominent crypto analyst Remi Relief has proposed a revolutionary dual-system theory where Ripple and SWIFT could coexist while both relying on XRP for settlement, potentially accelerating the cryptocurrency’s path to a $1,000 valuation. This framework emerges as major banks including JPMorgan, Bank of America, and European institutions develop proprietary stablecoins, creating fragmentation that XRP could bridge. The theory responds to Paul Barron’s analysis of how institutional stablecoin proliferation creates new opportunities for interoperability assets like XRP.
about Ripple-SWIFT Dual System Theory: Path to $1,000 XRP?Wall Street Banks Score $15B Trading Profit on Stock Rally
Wall Street’s biggest banks capitalized on the stock market’s steady ascent to generate approximately $15 billion in trading revenue during the third quarter. Morgan Stanley led the pack with a record $4.12 billion in equities trading, marking its best third-quarter performance ever. Most major institutions exceeded analyst expectations despite ongoing market volatility, demonstrating their ability to profit from both chaotic and steadily rising market conditions.
about Wall Street Banks Score $15B Trading Profit on Stock RallyU.S. Stocks Rally on Strong Bank Earnings
U.S. stock markets surged Wednesday as major financial institutions reported stronger-than-expected quarterly results, driving significant gains across all three major indices. The Dow Jones Industrial Average climbed 351 points (0.8%), the S&P 500 gained 1%, and the Nasdaq Composite jumped 1.2% in a broad-based rally led by banking giants Bank of America and Morgan Stanley. Despite the day’s impressive performance, ongoing trade concerns continue to cast a shadow over market sentiment, reminding investors that fundamental risks remain even amid the current optimism.
about U.S. Stocks Rally on Strong Bank EarningsMajor Banks Beat Estimates as Earnings Season Kicks Off
Major U.S. banks delivered stronger-than-expected earnings results, with JPMorgan, Citigroup, and Goldman Sachs all surpassing revenue estimates amid a resurgence in dealmaking and investment banking activity. While the sector demonstrated remarkable resilience in capital markets, the results revealed ongoing challenges including rising compensation costs at Goldman Sachs and regulatory developments at Wells Fargo that created mixed outlooks across the banking landscape.
about Major Banks Beat Estimates as Earnings Season Kicks OffWall Street Banks Post Record Profits Amid Economic Caution
Four of America’s largest financial institutions—JPMorgan Chase, Citigroup, Wells Fargo, and Goldman Sachs—reported one of Wall Street’s most profitable quarters ever, driven by a powerful combination of deal-making activity, soaring stock prices, and a surprisingly resilient global economy. Despite these record-breaking results, bank executives simultaneously expressed measured caution about potential market overheating and emerging economic vulnerabilities, creating a complex narrative of prosperity tempered by prudence.
about Wall Street Banks Post Record Profits Amid Economic CautionWall Street Upgrades: AMD, Meta, DoorDash Get Bullish Calls
Despite ongoing trade war concerns weighing on broader markets, Wall Street analysts remain decidedly bullish on several high-profile stocks across technology, delivery services, and entertainment. Major financial institutions including JPMorgan, Wells Fargo, Wolfe Research, Citi, and BTIG have issued outperform ratings and significantly raised price targets for five key companies, signaling strong confidence in their growth trajectories amid market volatility.
about Wall Street Upgrades: AMD, Meta, DoorDash Get Bullish CallsWall Street Futures Drop Ahead of Key Earnings, Powell Speech
Wall Street futures are trading lower ahead of a crucial Tuesday session as investors brace for major bank earnings and Federal Reserve Chair Jerome Powell’s speech. The Dow futures dropped 190 points while S&P 500 and Nasdaq futures fell 45 and 220 points respectively, signaling continued market anxiety following Friday’s $2 trillion rout and Monday’s partial recovery. Today marks the full onset of earnings season with major financial institutions reporting results amid ongoing volatility in precious metals markets.
about Wall Street Futures Drop Ahead of Key Earnings, Powell SpeechBig Banks Soar on IPO Boom & Trading Profits in Q3 2025
Wall Street’s largest banks delivered blockbuster third-quarter results in 2025, fueled by a resurgence in IPO activity and robust trading profits. Major financial institutions including JPMorgan Chase, Goldman Sachs, and Wells Fargo significantly exceeded earnings expectations. The strong performance comes amid record stock market highs and renewed investor confidence in the banking sector, with all major indices printing new all-time highs driven by the Magnificent 7 tech stocks, Gold Mining stocks, and Utilities.
about Big Banks Soar on IPO Boom & Trading Profits in Q3 2025Trade War Tensions Pressure S&P 500 ETF as Bank Earnings Beat
The Vanguard S&P 500 ETF (VOO) faces mounting pressure as escalating U.S.-China trade tensions over rare earth export restrictions clash with surprisingly strong third-quarter earnings from major financial institutions. While geopolitical friction threatens to dampen broader market sentiment, robust performances from Wells Fargo, JPMorgan Chase, and Citigroup provide a counterbalance of optimism, creating a complex trading environment for investors navigating conflicting economic signals.
about Trade War Tensions Pressure S&P 500 ETF as Bank Earnings BeatBig Bank Earnings Kick Off with Mixed Results
The unofficial start of earnings season brought mixed results for major banks as trading and investment banking performance diverged. JPMorgan Chase & Co. beat estimates while Goldman Sachs Group Inc. disappointed investors with an equities trading miss. Citigroup Inc. emerged as an early winner with broad-based revenue beats across all divisions, while Wells Fargo showed strength in profitability metrics despite a slight miss in net interest income.
about Big Bank Earnings Kick Off with Mixed Results