Are South Korean retail traders the only thing keeping Ethereum treasury companies alive?
Ethereum’s ongoing underperformance against Bitcoin has reignited debate over what’s holding the asset up, and who’s really behind its demand. According to Bitcoin advocate Samson Mow, roughly $6 b...
Source: CryptoSlate
Ethereum’s ongoing underperformance against Bitcoin has reignited debate over what’s holding the asset up, and who’s really behind its demand. According to Bitcoin advocate Samson Mow, roughly $6 billion in South Korean retail money is now propping up so-called Ethereum treasuries, companies accumulating ETH as a balance-sheet asset echoing MicroStrategy’s Bitcoin strategy. Mow issued the […]