Are South Korean | Crypto

Ethereum’s ongoing underperformance against Bitcoin has reignited debate over what’s holding the asset up, and who’s really behind its demand. According to Bitcoin advocate Samson Mow, roughly $6 billion in South Korean retail money is now propping up so-called Ethereum treasuries, companies accumulating ETH as a balance-sheet asset echoing MicroStrategy’s Bitcoin strategy. Mow issued the […] The post Are South Korean retail traders the only thing keeping Ethereum treasury companies alive? appeared first on CryptoSlate.