Digital Currency
Add as a preferred source on GoogleCoinDesk reported Oct. 19 that BitMine Chairman Tom Lee linked institutional and corporate treasury demand with Ether’s tradable supply.
BitMine has set a goal of holding 5% of all Ether (ETH), expressing its treasury target as a share of the asset’s total supply.
CoinDesk reported Oct. 19 that BitMine Chairman Tom Lee linked institutional and corporate treasury demand to the amount of Ether available to trade.
EconoTimes previously covered Lee’s view on Ether demand and supply.
Zcash had the largest drop among the eight listed assets at 9%, while JUST was the only gainer, up 0.93%.
An earlier snapshot showed declines across 77 of the 90 largest cryptocurrencies, excluding stablecoins.
At 10:56 p.m. ET, Binance quoted Ether at $1,929, down 3.23% from an hour earlier, as long liquidations outweighed short liquidations across Binance, Bybit and OKX.
