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Six years into the stablecoin wave, this is the nascent form of the future of payments he sees. | Bee Network

LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisWyattcryptodefiOriginal linkRelated: With a book loss of $1.3 billion, will Tom Lee’s Ethereum gamble collapse? Original author: Sidhartha Shukla, Bloomberg Original translation by Chopper, Foresight News Ethereum’s enterprise treasury experiment is collapsing in real time. Ethereum, the world’s second-largest cryptocurrency, fell below $3,300 on Tuesday, moving in tandem with market bellwethers Bitcoin and tech stocks. This drop brought Ethereum’s price down 30% from its August peak, returning to levels seen before large-scale corporate buying, further solidifying its bearish stance. According to research firm 10x Research, this reversal has left Bitmine Immersion Technologies Inc., one of Ethereum’s most aggressive corporate backers, facing a paper loss of over $1.3 billion. Backed by billionaire Peter Thiel and helmed by Wall Street forecaster Tom Lee, the publicly traded company’s strategy mirrored Michael Saylor’s Bitcoin treasury model, purchasing 3.4 million Ethereum at an average price of $3,909. Now, Bitmine’s entire…# Analysis# crypto# defi# ethereum# Market# ToolPre Gate Research: BTC and ETH are consolidating, while the AI and privacy computing sectors are showing structural strength.Next What should the new financial infrastructure look like in the AI era?Nine core indicators reveal the peak signal of the crypto bull market6086cf14eb90bc67ca4fc62bOne-week token unlocking: ZKJ unlocked tokens account for 5% of the circulation6086cf14eb90bc67ca4fc62b4Polymarket’s New Rules Released: How to Build a New Trading Bot6086cf14eb90bc67ca4fc62bPrivacy Coin Revival: ZEC’s Lightning-Fast Rebirth – From Binance Delisting Candidate to a 13-Fold Surge6086cf14eb90bc67ca4fc62bAltcoin ETFs debut on Wall Street: Only $700 million raised across four cryptocurrencies.6086cf14eb90bc67ca4fc62bFrom Utopian Narratives to Financial Infrastructure: The “Disenchantment” and Shift of Crypto VCs6086cf14eb90bc67ca4fc62b1AGI is Already Here: The 13 Most Hardcore AI Conversations from Sequoia Capital’s Annual MeetingBulls approach the “ceiling”: Bitcoin breaks through the $80,000 mark, closing in on the key resistance at $85,000BTC market dominance surges to 61%—Is altseason on the horizon?Luffa Announces Major Brand Upgrade: Repositioned as an AI×Web3 Super ConnectorMusk and Anthropic are going to space to find electricityFogoStake.comOpen ClawFabric FoundationLetsExchangeOllamaDifyEtherscanCoinCarpBinanceCoinMarketCapCoinGeckoCoinliveArmorsWhite Paper RolesFAQPrivacy PolicyTerms of ServicesCoinCarpBinanceCoinMarketCapCoinGeckoCoinliveArmorsWhite PaperRolesFAQPrivacy PolicyTerms of ServicesAirdrop HuntersData AnalysisCrypto CelebritiesTrap Detector繁體中文简体中文日本語Tiếng Việtالعربية한국어Bahasa Indonesiaहिन्दीاردوРусский

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