South Korean retail investors have poured $6 billion into Ethereum treasury companies like BitMine and SharpLink, mirroring MicroStrategy's Bitcoin strategy. But critics warn this ETH accumulation boom is driven by influencer marketing rather than fundamentals. With Ethereum underperforming Bitcoin since 2022 and Korean capital heavily concentrated, the risks are mounting. Discover why Samson Mow says "this won't end well" and what the Kimchi Premium reveals about global cryp

Ethereum recently surged past the $2,700 mark, marking a significant recovery after dipping below this level in June. This rally coincided with a historic low in the long/short ratio on Binance’s ETH/USDT perpetual contracts, which fell below parity for the first time since April 2023. The sharp move triggered a classic short squeeze, as a wave of ETF inflows from Wall Street collided with a heavily net-short derivatives market, resulting in heightened volatility and rapid pr

BitMine Immersion Technologies’ stock experienced a dramatic surge of over 500% on June 30, following the announcement of a $250 million private placement. This substantial funding is dedicated entirely to accumulating Ethereum (ETH), signaling a major strategic shift for the company.