Today in crypto: BitMine staked ETH crosses 1 million milestone, CryptoQuant founder Ki Young Ju has criticized X for suppressing crypto-related posts. Meanwhile, Jan3 founder Samson Mow shares his five Bitcoin predictions for 2026.
BitMine staked ETH crosses 1 million milestone
The largest Ether (ETH) treasury company, BitMine, reached a milestone on Saturday, after its total amount of staked ETH crossed 1 million.
BitMine staked 86,400 ETH, valued at about $268.7 million at the time of publication, in four separate transactions, according to data from Arkham Intelligence.
The latest batch brings BitMine’s total to 1,080,512 staked ETH, onchain analysis platform Lookonchain said.
The company will generate about $94.4 million in additional ETH every year at current staking rates, according to market analyst Nic Puckrin.
CryptoQuant founder slams X for penalizing crypto content instead of bots
CryptoQuant founder Ki Young Ju has criticized X for suppressing crypto-related posts while failing to rein in a surge of automated spam, arguing that the platform is punishing legitimate users instead of addressing the underlying bot problem.
In a Sunday post on X, Ju pointed to a sharp spike in automated activity tied to the keyword “crypto,” citing data showing more than 7.7 million posts generated in a single day, an increase of over 1,200% compared with prior levels. According to Ju, the flood of low-quality content has triggered algorithmic crackdowns that also affect genuine crypto accounts.
“As AI advances, bots are inevitable,” Ju wrote, adding that X’s inability to distinguish automated accounts from humans is the real issue. He also criticized the platform’s paid verification system, saying it has failed as a filtering tool and now allows bots to “pay to spam,” while authentic users see their reach reduced.
“It is absurd that X would rather ban crypto than improve its bot detection,” Ju wrote.
Samson Mow tips Elon Musk will ‘go hard’ into Bitcoin in 2026
Jan3 founder Samson Mow anticipates billionaire investor and Tesla CEO Elon Musk will aggressively move into Bitcoin in 2026.
It was one of five bold Bitcoin predictions from Mow for 2026, coming off a year where several Bitcoin forecasts from prominent crypto executives missed the mark.
“@elonmusk goes hard into BTC,” Mow said in an X post on Saturday.
Musk has shown his support for cryptocurrency over the years, but has raised concerns around Bitcoin’s environmental risks. Tesla stopped taking Bitcoin payments in May 2021 due to environmental concerns. The following year, in July 2022, the electric vehicle manufacturer revealed that it had sold 75% of its Bitcoin holdings.