Tom Lee’s Crypto Bull Case Gets an AI Twist as BitMine Stock Flashes a Golden Cross
Tom Lee says AI agents and tokenization could fuel crypto’s next bull cycle as BMNR flashes a Golden Cross.
Crypto · News reference
Bitmine Immersion Technologies Inc. Chair Tom Lee agreed on Tuesday, September 29, with Binance founder Changpeng "CZ" Zhao's view that major cryptocurrency momentum lies ahead.
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Tom Lee says AI agents and tokenization could fuel crypto’s next bull cycle as BMNR flashes a Golden Cross.
Leading cryptocurrencies held firm on Wednesday, September 30, as investors digested the latest inflation data and expectations of another rate hike.
BitMine Immersion Technologies purchased 17,362 ETH (worth $46 million), bringing its total Ethereum holdings above 6 million ETH, reflecting continued institutional cryptocurrency accumulation. Meanwhile, Solana experienced short-term price pressure declining 1.04% to $116.61 as market participants await clarity on the Alpenglow upgrade timeline.
Binance Co-CEO Richard Teng noted on Tuesday, September 29, improving institutional demand for Bitcoin despite a "challenging" macroeconomic scenario.
Circle and Tether freeze $318,000 linked to Bitget’s $351.6 million hack, while most stolen funds remain beyond their reach.
Saifedean Ammous says Strategy’s Bitcoin model is hard to replicate and sees BTC reaching $200,000 to $1.6 million by 2030.