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Tom Lee

2 stories on Tom Lee, newest first.

2 min read3 sourcesBullish

Tom Lee backs Ethereum as undervalued; BitMine buys $49M despite meme-coin chaos on Robinhood Chain

Tom Lee, the prominent cryptocurrency investor, has declared Ethereum "grossly undervalued" and points to its potential role in tokenizing trillions of dollars in assets. Meanwhile, his firm BitMine has purchased $49 million worth of Ethereum (27,801 coins), betting on early momentum from the Robinhood Chain, a new blockchain designed to host tokenized stocks. However, the chain has been hijacked by meme coins rather than its intended financial use case.

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2 min read6 sourcesBullish

Ethereum Eyes Major Rebuild: Quantum Safety, "Lean" Roadmap, Analyst Optimism

Ethereum co-founder Vitalik Buterin announced a major technical overhaul spanning three to four years, comparable in scale to the network's 2022 Merge transition. The initiative includes a "Lean Ethereum" redesign and elevated focus on quantum resistance. Meanwhile, analysts including Tom Lee are becoming bullish on Ethereum's near-term prospects relative to Bitcoin.

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