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Tag: Tom Lee

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Bitcoin Likely to Hit $50k As Tom Lee Says Crypto Has Been A Huge Disappointment
Fundstrat’s Tom Lee says cryptocurrency prices have been underwhelming in recent weeks, with digital assets failing to align with a series of historical bullish drivers. Tom Lee notes that the lacklustre prices are still tied to the mega October 10… Read full article
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Tom Lee Dismisses Suggestions BitMine’s $6 Billion Ether Treasury Paper Loss Will Suppress ETH Price
BitMine Immersion chairman Tom Lee responded to criticism that the massive unrealized losses from its aggressive Ether bet will weigh on ETH prices, saying the drawdown is an expected part of an Ethereum treasury strategy during crypto market selloffs.

It’s… Read full article
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Tom Lee Defends Bitmine’s Ethereum Treasury Strategy
Bitmine is facing criticism online over large unrealized losses tied to its Ethereum holdings, but Chairman Tom Lee says the claims misunderstand how an ETH-focused treasury strategy works. Bitmine Pushes Back on Claims of Massive Ethereum Losses A public debate… Read full article
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Michael Saylor and Tom Lee Face Over $12 Billion in Unrealized Losses as Bitcoin and Ethereum Crash
Key takeaways

Strategy is sitting on roughly $4.5 billion in unrealized losses tied to its Bitcoin holdings
Bitmine faces an even larger paper drawdown of around $7.5 billion on its Ethereum position
The losses remain unrealized, but reflect sustained downside… Read full article
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Tom Lee Defends BitMine’s $6B ETH Loss
These are hard times for crypto holders as Bitcoin keeps falling again and again, now hitting a new yearly low at $70,500. Ethereum is also following the same path, briefly trading below $2,100. A company that went full ETH maxi… Read full article
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Tom Lee Says BitMine’s Ethereum Losses Are ‘A Feature, Not A Bug’
BitMine chairman Tom Lee has responded to talks about the firm’s unrealized Ethereum treaury losses, arguing they are part of the design.
BitMine’s Ethereum Holdings Are In Notable Loss After The Crash
The digital asset sector has seen a major… Read full article
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Tom Lee Loses $5.8B on ETH – But Keeps Buying
 Bitmine, led by Tom Lee, holds the current ETH at a loss of $5.8B, having purchased at 3, 650. Although it is red, the company has also recently received an additional 40 M. Why is this a strategic move?
Bitmine… Read full article
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Bitmine’s $6.6B ETH Drawdown: Tom Lee Calls the Bottom as LiquidChain Enters the Fray
Fundstrat’s Tom Lee just stepped into the line of fire. His mission? Defending Bitmine’s staggering $6.6B unrealized loss on Ethereum. While that figure is startling, roughly the GDP of a small nation, Lee argues it’s not capitulation. It’s a ‘technical… Read full article
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Crypto Could Bounce Soon As Fundamentals Firm Up, Tom Lee Says
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2d ago
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‘Crypto is bottoming now’: Why Fundstrat’s Tom Lee expects a rebound
Nansen and Galaxy called for caution, warning of a potential BTC dip to $50K amid macro headwinds Read full article
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Tom Lee Explains Ethereum’s Price Dip: No Leverage and a Gold ‘Vortex’
Tom Lee says Ethereum fell 21% due to low leverage and a shift to gold, even as network activity and BitMine holdings increased.
Tom Lee explains Ethereum’s price dip by pointing to market structure rather than network weakness, as Ether… Read full article
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Crypto Market Crash ‘Worse Than Expected’ But Bottom Might Be Near, Says Tom Lee
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The highest standards in reporting and publishing

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Strict editorial policy that focuses on accuracy, relevance,… Read full article
2d ago
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Tom Lee Predicts $ETH Rebound as Metals Cool; Liquid Chain ($LIQUID) Introduces Unified L3 Architecture
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Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

How Our News is Made

Strict editorial policy that focuses on accuracy, relevance,… Read full article
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Tom Lee tips lack of leverage and gold ‘vortex’ for Ether's 21% slump
Ether has fallen despite strong fundamentals as leverage remained absent and precious metals diverted risk appetite, according to Fundstrat's research head. Read full article
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