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Ethereum News: Tom Lee Says ETH Is Starting a Bitcoin-Style 'Supercycle'

Tom Lee, executive chairman of BitMine Immersion Technologies, stated that Ethereum (ETH) is beginning a Bitcoin-like supercycle, referencing a 100x gain in Bitcoin since his 2017 recommendation. He emphasized the importance of patience through crypto's volatility, noting Bitcoin's history of significant drawdowns. However, Lee faced skepticism from critics questioning Ethereum's utility compared to other cryptocurrencies and its ability to support traditional finance operations. He refrained from providing specific timelines or valuation targets, highlighting that the path to growth would be tumultuous. Lee remains optimistic that increased on-chain activity and institutional adoption will reinforce this thesis. Thus, while he advocates for holding through market fluctuations, he acknowledges the ongoing debate over Ethereum's competitive edge.

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Tornado Cash Case: DOJ Had Enough Evidence to Convict Roman Storm

Prosecutors from the Southern District of New York asserted that there was sufficient evidence to convict Roman Storm, a developer of Tornado Cash, which is a cryptocurrency mixing service. In response to Storm's acquittal motion, the DOJ argued that the trial established his role as a co-founder and

Tornado Cash Case: DOJ Had Enough Evidence to Convict Roman Storm, Prosecutors Say

Prosecutors from the Southern District of New York asserted that they possess sufficient evidence to convict Tornado Cash developer Roman Storm, challenging his recent motion for acquittal following his conviction on a conspiracy charge. The prosecution's filing highlighted that Storm was a co-founder of Tornado Cash and intentionally

Tornado Cash Case: DOJ Had Enough Evidence to Convict Roman Storm, Prosecutors Say

Prosecutors from the Southern District of New York made a filing asserting that they had sufficient evidence to convict Roman Storm, a developer of the crypto mixing service Tornado Cash. This motion counters Storm's request for acquittal following his earlier conviction for conspiracy to operate an unlicensed money

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