Crypto

Tom Lee sees $2 trillion wealth transfer fueling crypto demand as Bitmine buys more ether

Summary

Younger generations are expected to drive increased demand for digital assets through an upcoming wealth transfer. Meanwhile, a major treasury firm is steadily expanding its holdings to approach a five percent stake in the total ether supply.

The Bitmine chairman said he expects younger investors to drive demand for digital assets as his ether treasury company inches closer to owning 5% of the total supply.

Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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