Max Keiser Says Wall Street’s Ethereum Obsession Poses Major Risk | US Crypto News
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee to read about the intersection of Wall Street and Ethereum (ETH), at least from a Bitcoin maxi’s perspective. Institutional interest in Ethereum has been loud and aggressive over the past several weeks, with even the most diehard Bitcoiners raising eyebrows and sounding alarms.
Crypto News of the Day: Ethereum Is Reuniting Money and State, But At Everyone’s PerilWall Street’s growing infatuation with Ethereum has triggered sharp warnings from Bitcoin maximalists, including Max Keiser.
As major players move to accumulate vast reserves of ETH, some industry veterans fear Ethereum is stepping into a role it was never meant to play- a programmable instrument of state-backed financial control.
In a recent US Crypto News publication, Fundstrat’s Tom Lee revealed a commitment to amass 5% of the total ETH supply through BitMine.
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