"Tom Lee" from "Bitmain" expects the rise of cryptocurrency markets to continue, noting that financial institutions are quietly buying Bitcoin and Ethereum. Lee believes that Ethereum is undervalued (at $15,000) due to Wall Street's adoption of the "tokenization" technology, while Bitcoin could rise to $250,000 if the Federal Reserve lowers interest rates. "Bitmain" (which Lee heads) has approved a plan to buy back shares worth $1 billion, aiming to acquire 5% of the total Ethereum supply. Lee emphasizes that institutional adoption of these assets is still in its early stages, and the market is in the middle of a bullish cycle.
