The New Cumberland Gap For Crypto: How Institutions Are Crossing Into Ethereum While Retail Sleeps
Manage episode 495123837 series 3496005
In this episode, we delve into recent developments in crypto as Peter Thiel takes a stake in BitMine Immersion Technologies, a publicly traded Ethereum treasury company, now chaired by Tom Lee. Simultaneously, Cumberland has quietly moved $151 million worth of ETH into Coinbase Institutional, highlighting a shift in the ecosystem. Circle’s recent public trading at 100x EBITDA further emphasizes this trend.
Join Chip Mahoney as he breaks down these coordinated signals indicating that the world of blockchain and crypto is entering a new phase. While retail investors appear to be fixated on charts, institutions are effectively crossing the gap and reshaping the landscape. Chip connects the dots so you can front-run the next rotation, ensuring you aren't left chasing trends.
Front Run The Week
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40 episodes