Announcements Gate Research: Ripple Injects $150M Into LMAX | BitMine’s ETH Could Earn $400M a Year

Gate Research: Ripple Injects $150M Into LMAX | BitMine’s ETH Could Earn $400M a Year

2026-01-16 09:06:04 UTC 14099 Read

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* Market Commentary: On January 16, BTC entered a corrective consolidation phase after rallying to around $97,900 and is now oscillating in the $95,000–$95,500 range; ETH moved into a high-level consolidation after hitting a peak near $3,403, with prices fluctuating narrowly between $3,280 and $3,320; GT shifted into range-bound consolidation after a prior rally to 10.83.
* Trending Tokens: Against a broadly cautious market backdrop, capital rotated into small-cap tokens, with OWL leading the gains at +57.75%; EGL1 and BTR were also boosted by short-term capital inflows and rising trading activity, surging 47.11% and 46.76%, respectively.
* Alpha Insights: XRP broke below the $2.10 level, with technical selling pressure dominating the short-term trend; BitMine said its $13 billion ETH holdings could generate over $400 million in annual revenue and expressed confidence that its investment in MrBeast could deliver a “10x” return; Ripple injected $150 million into LMAX to push the RLUSD stablecoin into institutional trading infrastructure.

Discover more details today → <a href="https://www.gate.com/learn/articles/gate-research-ripple-injects-150m-into-lmax-bitmines-eth-could-earn-400m-a-year/15753" target="_blank">Gate Research: Ripple Injects $150M Into LMAX | BitMine’s ETH Could Earn $400M a Year</a>

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Gate Research: Ripple Injects $150M Into LMAX | BitMine’s ETH Could Earn $400M a Year

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