Ether | Crypto

This could make Bitcoin and Ether more attractive to institutional investors seeking to maximize the utility of their assets. Investment banking giant JPMorgan Chase is reportedly planning to let clients use Bitcoin and Ether as collateral for loans, signaling Wall Street’s continued move toward embracing digital assets. The initiative would allow JPMorgan’s global clients to borrow against their Bitcoin (BTC) and Ether (ETH) holdings, according to a Bloomberg report published Friday, citing people familiar with the matter. The offering would store clients’ Bitcoin and Ether holdings through a third-party custodian, according to people who spoke to the news outlet. Read more

BitMine chairman Tom Lee said he expects Ethereum to enter a supercycle, making the current price an attractive risk vs reward purchase. BitMine chairman Tom Lee has confirmed the company went on an Ether buying spree after the crypto market saw one of its most significant deleveraging events earlier this month.  “Open interest for ETH sits at the same levels as seen on June 30th of this year, ETH was $2,500, given the expected Supercycle for Ethereum, this price dislocation represents an attractive risk/reward,” he said in a statement on Monday.  BitMine bought up another $250 million Ether (ETH) on Monday from crypto exchanges Bitgo and Kraken, according to blockchain analytics platform Arkham Intelligence.  Read more

Fundstrat’s Tom Lee believes the recent excitement around digital asset treasuries (DATs) is cooling, but his confidence in Ethereum remains firm. The post Fundstrat’s Tom Lee Says Treasury Hype Fades, But Backs $1.5B Ether Buy appeared first on Cryptonews.

BitMine has $1.5 billion worth of Ether following the market crash, as Tom Lee remained bullish despite saying the DAT bubble may have burst. Fundstrat’s Tom Lee has echoed the sentiment that digital asset treasury hype may be coming to an end, but remains bullish on Ether, having purchased $1.5 billion worth since the market crash. BitMine Immersion Technologies has scooped up a total of 379,271 Ether (ETH) worth almost $1.5 billion since the record crypto market liquidation event last weekend. The acquisitions came in three separate purchases: 202,037 ETH after the weekend crash, 104,336 ETH on Thursday, and 72,898 ETH on Saturday, according to onchain data from Arkham Intelligence and ‘BMNR Bullz’, which tracks the firm’s purchases, though it has yet to be officially confirmed by BitMine. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more

Crypto analysts mull over Ether’s price going “nuclear,” Ripple Labs seeks to buy $1 billion XRP tokens, and other news: Hodler’s Digest Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin is correctly pricing in an impending liquidity crisis, opining that the Federal Reserves inevitable response will drive BTC prices higher.  Bitcoin is accurately smelling trouble right now, he said on the Primal social media platform on Friday. The US is going to have to inject some of that sweet, sweet liquidity soon and print a ton of money or else their fiat empire goes kaboom. Read more