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Peter Thiel just bought a big stake in Tom Lee’s ether company and the shares are surging

Sagar5 months ago01 mins

Peter Thiel, president and founder of Clarium Capital Management LLC, holds hundred dollars bills as he speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022.  Eva Marie Uzcategui | Bloomberg | Getty Images Stock Chart IconStock chart icon Bitmine (BMNR) 1-month The current wave of interest in Ethereum and…

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Crypto bounces on renewed optimism House could pass key stablecoin legislation this week

Sagar5 months ago03 mins

Nurphoto | Nurphoto | Getty Images Cryptocurrencies and several stocks tied to the ecosystem rose Wednesday as investors dismissed a snag in what was expected to be a winning week for crypto regulation. Bitcoin was last higher by nearly 2% at $118,716.00, according to Coin Metrics, while ether rose more than 4% to $3,201.26.  …

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The EthCC crypto scene at Cannes shows how far Ethereum has come

Sagar5 months ago07 mins

CANNES — Wall Street’s new plumbing is being built on Ethereum and this week its architects took over the same French Riviera villas and red carpet venues that host the Cannes Film Festival in May. The Ethereum Community Conference, or EthCC, took over the beachside town that was swarming with crypto founders, developers, and some…

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Ether and related stocks gain amid the latest crypto craze: Tokenization

Sagar5 months ago03 mins

A representation of cryptocurrency Ethereum is placed on a PC motherboard in this illustration taken on June 16, 2023. Dado Ruvic | Reuters Stocks tied to the price of ether, better known as ETH, were higher on Wednesday, reflecting renewed enthusiasm for the crypto asset amid a surge of interest in stablecoins and tokenization. BitMine…

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