🔥 Tom Lee (Fundstrat) joins BitMine ($BMNR) as president, with the plan to raise $250M to become the “MicroStrategy” of Ethereum, accumulating one of the largest public treasuries of #ETH ⛓️ CROSSING WITH THE ENTIRE SCENARIO Institutional narrative for ETH is strongly reinforced: Chainlink ACE + institutional tokenization. BlackRock with $2.9B mostly tokenized in Ethereum. Now BitMine wants to be the MicroStrategy of ETH with Tom Lee. ETH becomes the central asset of regulated adoption: Store of value narrative + compliance + DeFi. This differentiates it from more speculative altcoins and BTC, which has specific sales (like the one from Bhutan today). This could be a catalyst for technical breakout if price and volume are confirmed: Supports the momentum post-EthCC. Reinforces setup for breakout of 2475–2480 and possible rally towards 2520–2550.
🔍 Event Interpretation BitMine ($BMNR) aims to be the “MicroStrategy of Ethereum,” massively accumulating ETH for its treasury. It plans to raise $250 million for this purpose, which triggered a +400% surge in its stock. This reinforces the institutional narrative that ETH is a strategic reserve asset, not just a gas token. #ETH🔥🔥🔥🔥🔥🔥
Are you trying to buy $RED and haven't been able to?
Binance is experimenting with price restrictions during the first 3 days of pre-market. On the 1st day, a price limit of $0.40 was set, on the 2nd day $0.60, and on the 3rd day $0.80. That is why you cannot place an order for a higher value, and that is why some have managed to buy, but most have not. It is a market, and those who are willing to sell will wait to sell at the best price. In a few minutes, the last price restriction is about to end. By the time you read this, let me know if you took advantage of the opportunity? 💸💯$RED