Mechanism Capital co-founder Andrew Kang escalated his critique of Tom Leeโs latest Ethereum investment case with an unusually blunt tirade on X, interlacing his rebuttal with a series of sharply worded assertions and data-driven claims. โTom Leeโs ETH thesis is one of the most retarded combinations of financially illiterate arguments Iโve seen from a well known analyst in a while,โ Kang wrote, before listing five pillars he says underpin Leeโs view: โ(1) Stablecoin & RWA adoption; (2) Digital oil comparison; (3) Institutions will buy and stake ETH; (4) ETH will…
Tag: Ethereum
Who Accepts Bitcoin, Ethereum, and XRP in 2025?
Key takeaways: Coffee shops, fast-food chains like Starbucks and Sheetz and retailers like Microsoft and Home Depot are accepting crypto payments via apps and third-party processors. More and more platforms are gradually enabling the use of Bitcoin, Ether and XRP for large-scale travel and airline reservations. Luxury brands, high-end car dealerships and real estate developers are integrating crypto payments for premium goods and property. Payment processors can make it simple for small businesses to accept crypto by instantly converting it to fiat currency and reducing compliance costs. Cryptocurrencies are no…
Ethereum Exchange Balances Drop To Nine-Year Low Amid Corporate Buying
The amount of Ethereum held on centralized crypto exchanges has fallen to its lowest level since 2016 amid an increase in institutional accumulation. The amount of Ether (ETH) on exchanges has been falling since mid-2020. Over the last two years, ETH supply on exchanges has been slashed by half.ย The ETH exchange exodus accelerated in mid-July and has declined 20% since then amid aggressive accumulation by digital asset treasuries. As of Thursday, it is down to 14.8 million ETH, according to Glassnode. CryptoQuant reports a similar trend with its Ethereum…
Tom Lee Just Left ETH Holders Speechless With His Latest Prediction
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Ethereum Slips Lower โ Will Continued Decline Lead To Double-Digit Losses?
Ethereum price started a fresh decline below $4,120. ETH is now struggling and might decline further if it breaks the $4,050 support zone. Ethereum failed to extend gains and declined below the $4,150 zone. The price is trading below $4,150 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below $4,050 and $4,000. Ethereum Price Dips Again Ethereum price remained in…
How to cash out your funds using the Coinbase app
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io In this video we go over how to cash out your funds using the Coinbase app. To cash out your funds, you first need to sell your cryptocurrency for cash, then you can either transfer the funds to your bank or buy more crypto. There’s no limit on the amount of crypto you can sell for cash. *Before you sell or cash out* – If you’re on mobile, make sure your Coinbase mobile app is up-to-date – Make sure selling is available…
ETHEREUM GOING TO $80,000!?
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Bitcoin: Der Anfang vom Ende?๐ณXRP: Einzigartig!
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Ethereum May Hit $12K-$15K, Says Tom Lee
Key Notes Tom Lee expects the price of Bitcoin to reach $250,000 by the end of the year and predicts that Ethereumโs price will follow. Since shifting to an Ethereum-focused treasury model, BitMineโs market capitalization has surged from $37.6 million in June to $9.45 billion. Lee compared BitMine to MicroStrategy, noting both firms function like large-cap stocks and are likely to attract passive inflows. While the Ethereum ETH $4 184 24h volatility: 0.4% Market cap: $505.25 B Vol. 24h: $30.36 B price has faced strong selling pressure, falling below $4,200,…
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