Lates News

Bitmine Chairman Thomas "Tom" Lee said, "We see more and more signs indicating that the 'mini crypto winter' is coming to an end. With the diminishing downside risks of the US-Iran war, ETH has rebounded 41% from its early February low. Since the outbreak of the war, ETH has outperformed the S&P 500 index by 2,280 basis points and remains the best-performing asset globally (excluding oil prices). Ethereum continues to benefit from two major positive narratives, including Wall Street tokenizing assets on the blockchain and the increasing need for a public, neutral blockchain for proxy AI systems. In our view, ETH becoming the best 'wartime store of value' and leading the market since the start of the war are of great importance. Although many believe that the crypto winter may continue until the fall of 2026, our view remains that the crypto winter is coming to an end. Since 2015, every major crypto winter has coincided with at least a 20% pullback in the stock market. In fact, the crypto pullback in 2025 occurred simultaneously with a 20% decline in the S&P 500 index. However, the stock market pullback in 2026 is more moderate, at only -8%."