Bitworld news: Bitmine chairman Tom Lee predicts that Ethereum will play a core role in a single market where traditional finance and cryptocurrency merge. He said that the boundary between traditional financial markets and digital assets will ultimately disappear, with Ethereum at the center of this transition. Lee also noted that Bitmine currently holds 5,742,237 ETH, about 4.8% of Ethereum’s circulating supply. The company’s recent disclosures show that Bitmine has continued to increase its Ethereum holdings this year, recently adding another 27,084 ETH. Lee believes that, as U.S. crypto regulation changes, investors have become more optimistic about Ethereum’s long-term prospects.

BMNR1.87%
ETH0.34%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • 1
  • Share
Comment
Add a comment
Add a comment
YieldSpring
· 1h ago
Are the lines between traditional finance and the crypto world disappearing? I have reservations, but the logic of ETH as settlement-layer infrastructure makes sense.
View OriginalReply0
GateUser-e5e2e632
· 1h ago
Tom Lee’s prediction is pretty bold: traditional finance and crypto will merge into a single market, with Ethereum taking center stage. It sounds like science fiction, but on second thought it feels reasonable.
View OriginalReply0
On-ChainChatbot
· 2h ago
Regulatory changes are indeed crucial. Once the U.S. sentiment shifts, the long-term ETH narrative is solid. Lee chose a great timing when calling the order at this moment.
View OriginalReply0
MorningGoldAsWavesCrashAgainst
· 2h ago
27,084 more coins were added to the pile—this trading pace feels like Bitmine is betting on an institutional capital flood after the ETF.
View OriginalReply0
GateUser-0fdb3438
· 2h ago
4.8% circulating supply—Bitmine is a real whale: it has accumulated over 5.7 million coins and keeps adding to its position; institutional belief is maxed out.
View OriginalReply0
  • Pinned